Eaton Vance Municipal Income 2028 Term Trust
ETX
31 hedge funds and large institutions have $50.3M invested in Eaton Vance Municipal Income 2028 Term Trust in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 5 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
8% more capital invested
Capital invested by funds: $46.5M → $50.3M (+$3.83M)
0.16% more ownership
Funds ownership: 21.71% → 21.86% (+0.16%)
0% more funds holding
Funds holding: 31 → 31 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.91M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.32M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.05M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$446K |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
+$373K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.28M |
| 2 |
Morgan Stanley
New York
|
-$639K |
| 3 |
Cohen & Steers
New York
|
-$544K |
| 4 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$480K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$417K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TJHA
26
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $110K | – | – | – |
|
|
NSIM
27
North Star Investment Management
Chicago,
Illinois
| $106K | – | – | – |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| $47K | +$45.7K | +2,253 | New |
|
|
S
29
SignatureFD
Atlanta,
Georgia
| $32K | – | – | – |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $5K | +$2.13K | +105 | +72% |
|
|
CFG
31
Citizens Financial Group
Providence,
Rhode Island
| $1K | +$791 | +39 | New |
|
|
32
Cohen & Steers
New York
| – | -$544K | -27,526 | Closed |
|
|
KAM
33
Keeley Asset Management
Chicago,
Illinois
| – | -$480K | -24,293 | Closed |
|
|
TC
34
TFS Capital
West Chester,
Pennsylvania
| – | -$417K | -21,120 | Closed |
|
35
LPL Financial
San Diego,
California
| – | -$295K | -14,740 | Closed |
|
|
AIG
36
American International Group
New York
| – | -$44K | -2,253 | Closed |
|
ETX Hedge Fund Activity: Q2 2016 in Review
31 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q2 2016, worth a combined $50.3M — up 8.2% from $46.5M a quarter earlier.
Fund positioning in ETX was balanced in Q2 2016: 5 funds opened new positions, 5 closed out, 10 added to existing stakes and 6 trimmed.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $1.91M. The largest seller was Wells Fargo, cutting an estimated $2.28M.
- 31 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $50.3M of Eaton Vance Municipal Income 2028 Term Trust stock for Q2 2016, up 8.2% quarter-over-quarter.
- 5 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q2 2016 and 5 closed out, a net change of 0 holders.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q2 2016 was Robinson Capital Management, an estimated $1.91M added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q2 2016 was Wells Fargo, an estimated $2.28M sold.
Based on aggregated 13F filings for Q2 2016.