Eaton Vance Municipal Income 2028 Term Trust
ETX
31 hedge funds and large institutions have $38.4M invested in Eaton Vance Municipal Income 2028 Term Trust in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 4 reducing their positions, and closing their positions.
275% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 4
15% more funds holding
Funds holding: 27 → 31 (+4)
1% more capital invested
Capital invested by funds: $38M → $38.4M (+$457K)
0.11% less ownership
Funds ownership: 17.46% → 17.34% (-0.11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$355K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$244K |
| 3 |
Morgan Stanley
New York
|
+$239K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$227K |
| 5 |
VanEck Associates
New York
|
+$128K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.13M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$659K |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$112K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$34.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $69K | +$514 | +25 | +0.7% |
|
|
PWM
27
Perigon Wealth Management
San Francisco,
California
| $46K | +$46.5K | +2,263 | New |
|
|
VFA
28
Valeo Financial Advisors
Carmel,
Indiana
| $41K | +$41.1K | +2,000 | New |
|
|
AIM
29
Anchor Investment Management
Columbia,
South Carolina
| $24.6K | +$24.7K | +1,200 | New |
|
30
JP Morgan Chase
New York
| $20K | – | – | – |
|
ETX Hedge Fund Activity: Q3 2017 in Review
31 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q3 2017, worth a combined $38.4M — up 1.2% from $38M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ETX positions and 0 closed out — a net gain of 4 holders — while 15 added to existing stakes and 4 trimmed.
The largest buyer was Commonwealth Equity Services, opening a new position worth an estimated $355K. The largest seller was Invesco, cutting an estimated $1.13M.
- 31 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q3 2017, up from 27 in Q2 2017.
- Funds reported $38.4M of Eaton Vance Municipal Income 2028 Term Trust stock for Q3 2017, up 1.2% quarter-over-quarter.
- 4 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q3 2017 and 0 closed out, a net change of +4 holders.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q3 2017 was Commonwealth Equity Services, an estimated $355K added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q3 2017 was Invesco, an estimated $1.13M sold.
Based on aggregated 13F filings for Q3 2017.