Eaton Vance Municipal Income 2028 Term Trust
ETX
27 hedge funds and large institutions have $38M invested in Eaton Vance Municipal Income 2028 Term Trust in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 0 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
4% more funds holding
Funds holding: 26 → 27 (+1)
1.61% less ownership
Funds ownership: 19.06% → 17.46% (-1.6%)
6% less capital invested
Capital invested by funds: $40.4M → $38M (-$2.44M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WKWM
Walter & Keenan Wealth Management
Souh Bend,
Indiana
|
+$234K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$184K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
+$143K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$114K |
| 5 |
WAM
Wealthspire Advisors (Maryland)
Potomac,
Maryland
|
+$68.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.94M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$761K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$632K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$628K |
| 5 |
Morgan Stanley
New York
|
-$132K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| $20K | – | – | – |
|
|
PCP
27
Proficio Capital Partners
Newton,
Massachusetts
| – | +$326 | +16 | New |
|
ETX Hedge Fund Activity: Q2 2017 in Review
27 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q2 2017, worth a combined $38M — down 6% from $40.4M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new ETX positions and 0 closed out — a net gain of 2 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Walter & Keenan Wealth Management, adding an estimated $234K. The largest seller was Invesco, cutting an estimated $1.94M.
- 27 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q2 2017, up from 26 in Q1 2017.
- Funds reported $38M of Eaton Vance Municipal Income 2028 Term Trust stock for Q2 2017, down 6% quarter-over-quarter.
- 2 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q2 2017 and 0 closed out, a net change of +2 holders.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q2 2017 was Walter & Keenan Wealth Management, an estimated $234K added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q2 2017 was Invesco, an estimated $1.94M sold.
Based on aggregated 13F filings for Q2 2017.