Eaton Vance Municipal Income Trust
EVN
87 hedge funds and large institutions have $87.7M invested in Eaton Vance Municipal Income Trust in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 27 increasing their positions, 16 reducing their positions, and 8 closing their positions.
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
69% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 16
12% more capital invested
Capital invested by funds: $78.5M → $87.7M (+$9.2M)
9% more funds holding
Funds holding: 80 → 87 (+7)
2.93% more ownership
Funds ownership: 15.48% → 18.41% (+2.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$11.6M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.72M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.9M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$901K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$863K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.93M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.41M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$852K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$806K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$600K |
EVN Hedge Fund Activity: Q1 2020 in Review
87 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q1 2020, worth a combined $87.7M — up 12% from $78.5M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new EVN positions and 8 closed out — a net gain of 9 holders — while 27 added to existing stakes and 16 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $11.6M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $1.93M sold.
- 87 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q1 2020, up from 80 in Q4 2019.
- Funds reported $87.7M of Eaton Vance Municipal Income Trust stock for Q1 2020, up 12% quarter-over-quarter.
- 17 funds opened new Eaton Vance Municipal Income Trust positions in Q1 2020 and 8 closed out, a net change of +9 holders.
- The largest Eaton Vance Municipal Income Trust buyer in Q1 2020 was Karpus Investment Management, an estimated $11.6M added.
- The largest Eaton Vance Municipal Income Trust seller in Q1 2020 was Parametric Portfolio Associates, an estimated $1.93M sold.
Based on aggregated 13F filings for Q1 2020.