Eaton Vance Municipal Income Trust
EVN
55 hedge funds and large institutions have $41.6M invested in Eaton Vance Municipal Income Trust in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 11 reducing their positions, and 13 closing their positions.
118% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 11
1.22% more ownership
Funds ownership: 13.95% → 15.17% (+1.2%)
1% more capital invested
Capital invested by funds: $41.2M → $41.6M (+$432K)
7% less funds holding
Funds holding: 59 → 55 (-4)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.27M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.05M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$911K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$810K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$592K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
Pinnacle Associates
New York
|
-$1.27M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$915K |
| 3 |
LCM
Laurion Capital Management
New York
|
-$336K |
| 4 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$329K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$321K |
EVN Hedge Fund Activity: Q1 2018 in Review
55 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q1 2018, worth a combined $41.6M — up 1% from $41.2M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of EVN and 9 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 24 added.
The largest buyer was Karpus Investment Management, adding an estimated $1.27M. The largest seller was Pinnacle Associates, exiting entirely with an estimated $1.27M sold.
- 55 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q1 2018, down from 59 in Q4 2017.
- Funds reported $41.6M of Eaton Vance Municipal Income Trust stock for Q1 2018, up 1% quarter-over-quarter.
- 9 funds opened new Eaton Vance Municipal Income Trust positions in Q1 2018 and 13 closed out, a net change of -4 holders.
- The largest Eaton Vance Municipal Income Trust buyer in Q1 2018 was Karpus Investment Management, an estimated $1.27M added.
- The largest Eaton Vance Municipal Income Trust seller in Q1 2018 was Pinnacle Associates, an estimated $1.27M sold.
Based on aggregated 13F filings for Q1 2018.