Eaton Vance Municipal Income 2028 Term Trust
ETX
34 hedge funds and large institutions have $39.8M invested in Eaton Vance Municipal Income 2028 Term Trust in 2017 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 5 reducing their positions, and 2 closing their positions.
240% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 5
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
10% more funds holding
Funds holding: 31 → 34 (+3)
4% more capital invested
Capital invested by funds: $38.4M → $39.8M (+$1.4M)
0.4% more ownership
Funds ownership: 17.34% → 17.75% (+0.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Advisor Group
Phoenix,
Arizona
|
+$736K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$440K |
| 3 |
UR
USCA RIA
Houston,
Texas
|
+$317K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$296K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$295K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.12M |
| 2 |
NPC
National Planning Corporation
El Segundo,
California
|
-$890K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$283K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$154K |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
-$99K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $71K | +$504 | +25 | +0.7% |
|
|
PWM
27
Perigon Wealth Management
San Francisco,
California
| $47K | +$121 | +6 | +0.3% |
|
|
VFA
28
Valeo Financial Advisors
Carmel,
Indiana
| $41K | – | – | – |
|
|
SPIA
29
Steward Partners Investment Advisory
New York
| $41K | +$40.3K | +2,000 | New |
|
|
AWM
30
Aevitas Wealth Management
Wellesley Hills,
Massachusetts
| $30K | +$28.7K | +1,424 | New |
|
|
AIM
31
Anchor Investment Management
Columbia,
South Carolina
| $24.9K | – | – | – |
|
32
JP Morgan Chase
New York
| $21K | – | – | – |
|
33
SEI Investments
Oaks,
Pennsylvania
| $3K | +$3.04K | +151 | New |
|
|
NPC
34
National Planning Corporation
El Segundo,
California
| – | -$890K | -43,500 | Closed |
|
|
35
US Bancorp
Minneapolis,
Minnesota
| – | -$99K | -4,850 | Closed |
|
ETX Hedge Fund Activity: Q4 2017 in Review
34 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q4 2017, worth a combined $39.8M — up 3.7% from $38.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ETX positions and 2 closed out — a net gain of 3 holders — while 17 added to existing stakes and 5 trimmed.
The largest buyer was Advisor Group, adding an estimated $736K. The largest seller was Invesco, cutting an estimated $1.12M.
- 34 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q4 2017, up from 31 in Q3 2017.
- Funds reported $39.8M of Eaton Vance Municipal Income 2028 Term Trust stock for Q4 2017, up 3.7% quarter-over-quarter.
- 5 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q4 2017 and 2 closed out, a net change of +3 holders.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q4 2017 was Advisor Group, an estimated $736K added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q4 2017 was Invesco, an estimated $1.12M sold.
Based on aggregated 13F filings for Q4 2017.