Eaton Vance Municipal Income 2028 Term Trust
ETX
32 hedge funds and large institutions have $40.5M invested in Eaton Vance Municipal Income 2028 Term Trust in 2015 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 5 closing their positions.
6% more capital invested
Capital invested by funds: $38.1M → $40.5M (+$2.38M)
2.3% more ownership
Funds ownership: 19.65% → 21.95% (+2.3%)
0% more funds holding
Funds holding: 32 → 32 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.88M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.57M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$659K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$634K |
| 5 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
+$602K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
PT Asset Management
Chicago,
Illinois
|
-$2.73M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$503K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$476K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$200K |
| 5 |
Morgan Stanley
New York
|
-$112K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
26
Landscape Capital Management
Englewood,
New Jersey
| $199K | +$205K | +11,752 | New |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $172K | -$5.42K | -311 | -3% |
|
|
PCM
28
Prelude Capital Management
New York
| $152K | +$156K | +8,950 | New |
|
|
NSIM
29
North Star Investment Management
Chicago,
Illinois
| $85K | +$87.1K | +5,000 | New |
|
|
HCM
30
Horrell Capital Management
Little Rock,
Arkansas
| $39K | – | – | – |
|
|
AIG
31
American International Group
New York
| $38.2K | – | – | – |
|
|
S
32
SignatureFD
Atlanta,
Georgia
| $26K | -$29.4K | -1,686 | -53% |
|
|
PAM
33
PT Asset Management
Chicago,
Illinois
| – | -$2.73M | -152,933 | Closed |
|
|
GCP
34
GSA Capital Partners
London,
United Kingdom
| – | -$476K | -26,700 | Closed |
|
|
SWP
35
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$200K | -11,220 | Closed |
|
36
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$30K | -1,650 | Closed |
|
ETX Hedge Fund Activity: Q2 2015 in Review
32 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q2 2015, worth a combined $40.5M — up 6.3% from $38.1M a quarter earlier.
Fund positioning in ETX was balanced in Q2 2015: 5 funds opened new positions, 5 closed out, 10 added to existing stakes and 11 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.88M. The largest seller was PT Asset Management, exiting entirely with an estimated $2.73M sold.
- 32 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q2 2015, unchanged from Q1 2015.
- Funds reported $40.5M of Eaton Vance Municipal Income 2028 Term Trust stock for Q2 2015, up 6.3% quarter-over-quarter.
- 5 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q2 2015 and 5 closed out, a net change of 0 holders.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q2 2015 was Wells Fargo, an estimated $3.88M added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q2 2015 was PT Asset Management, an estimated $2.73M sold.
Based on aggregated 13F filings for Q2 2015.