Eaton Vance Municipal Income Trust
EVN
79 hedge funds and large institutions have $91.7M invested in Eaton Vance Municipal Income Trust in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 20 reducing their positions, and 8 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 20
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $95.4M → $91.7M (-$3.67M)
1.17% less ownership
Funds ownership: 19.21% → 18.05% (-1.2%)
1% less funds holding
Funds holding: 80 → 79 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$858K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$559K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$437K |
| 4 |
CBFP
Cedar Brook Financial Partners
Cleveland,
Ohio
|
+$260K |
| 5 |
WT
Washington Trust
Westerly,
Rhode Island
|
+$244K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.59M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$3.46M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.03M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$677K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$258K |
EVN Hedge Fund Activity: Q3 2020 in Review
79 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q3 2020, worth a combined $91.7M — down 3.9% from $95.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EVN and 7 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 29 added.
The largest buyer was ProVise Management Group, adding an estimated $858K. The largest seller was Karpus Investment Management, cutting an estimated $6.59M.
- 79 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q3 2020, down from 80 in Q2 2020.
- Funds reported $91.7M of Eaton Vance Municipal Income Trust stock for Q3 2020, down 3.9% quarter-over-quarter.
- 7 funds opened new Eaton Vance Municipal Income Trust positions in Q3 2020 and 8 closed out, a net change of -1 holder.
- The largest Eaton Vance Municipal Income Trust buyer in Q3 2020 was ProVise Management Group, an estimated $858K added.
- The largest Eaton Vance Municipal Income Trust seller in Q3 2020 was Karpus Investment Management, an estimated $6.59M sold.
Based on aggregated 13F filings for Q3 2020.