Eaton Vance Municipal Income Trust
EVN
41 hedge funds and large institutions have $28.9M invested in Eaton Vance Municipal Income Trust in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
11% more funds holding
Funds holding: 37 → 41 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.28% less ownership
Funds ownership: 9.96% → 9.68% (-0.28%)
14% less capital invested
Capital invested by funds: $33.7M → $28.9M (-$4.8M)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$1.57M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$934K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$912K |
| 4 |
Cohen & Steers
New York
|
+$606K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$515K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.09M |
| 2 |
Morgan Stanley
New York
|
-$1.83M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$949K |
| 4 |
WFG
Wills Financial Group
Richmond,
Virginia
|
-$551K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$456K |
EVN Hedge Fund Activity: Q4 2016 in Review
41 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q4 2016, worth a combined $28.9M — down 14% from $33.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new EVN positions and 5 closed out — a net gain of 4 holders — while 10 added to existing stakes and 14 trimmed.
The largest buyer was Bessemer Group, opening a new position worth an estimated $1.57M. The largest seller was Guggenheim Capital, cutting an estimated $2.09M.
- 41 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q4 2016, up from 37 in Q3 2016.
- Funds reported $28.9M of Eaton Vance Municipal Income Trust stock for Q4 2016, down 14% quarter-over-quarter.
- 9 funds opened new Eaton Vance Municipal Income Trust positions in Q4 2016 and 5 closed out, a net change of +4 holders.
- The largest Eaton Vance Municipal Income Trust buyer in Q4 2016 was Bessemer Group, an estimated $1.57M added.
- The largest Eaton Vance Municipal Income Trust seller in Q4 2016 was Guggenheim Capital, an estimated $2.09M sold.
Based on aggregated 13F filings for Q4 2016.