Eaton Vance Municipal Income Trust (NYSE:EVN) Sentiment Worsened, Despite

July 13, 2018 - By Elizabeth Jones

Sentiment for Eaton Vance Municipal Income Trust (NYSE:EVN)

Eaton Vance Municipal Income Trust (NYSE:EVN) institutional sentiment decreased to 1.71 in 2018 Q1. Its down -0.84, from 2.55 in 2017Q4. The ratio has worsened, as 29 investment managers opened new or increased positions, while 17 reduced and sold positions in Eaton Vance Municipal Income Trust. The investment managers in our partner’s database now own: 3.28 million shares, up from 3.01 million shares in 2017Q4. Also, the number of investment managers holding Eaton Vance Municipal Income Trust in their top 10 positions decreased from 1 to 0 for a decrease of 1. Sold All: 10 Reduced: 7 Increased: 18 New Position: 11.

The stock increased 0.50% or $0.06 during the last trading session, reaching $12.05. About 82,643 shares traded or 15.14% up from the average. Eaton Vance Municipal Income Trust (NYSE:EVN) has declined 8.06% since July 13, 2017 and is downtrending. It has underperformed by 20.63% the S&P500.

Robinson Capital Management Llc holds 2.39% of its portfolio in Eaton Vance Municipal Income Trust for 665,950 shares. Mariner Investment Group Llc owns 47,256 shares or 0.54% of their US portfolio. Moreover, 1607 Capital Partners Llc has 0.18% invested in the company for 277,100 shares. The Illinois-based Rivernorth Capital Management Llc has invested 0.15% in the stock. Karpus Management Inc., a New York-based fund reported 243,446 shares.

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