Eaton Vance Municipal Income 2028 Term Trust
ETX
34 hedge funds and large institutions have $38.8M invested in Eaton Vance Municipal Income 2028 Term Trust in 2022 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 5 closing their positions.
1.32% less ownership
Funds ownership: 18.57% → 17.25% (-1.3%)
6% less capital invested
Capital invested by funds: $41.2M → $38.8M (-$2.38M)
8% less funds holding
Funds holding: 37 → 34 (-3)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.24M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$797K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$357K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$151K |
| 5 |
AHIA
Andrew Hill Investment Advisors
Naples,
Florida
|
+$71.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XF
XML Financial
Bethesda,
Maryland
|
-$3.07M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$975K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$460K |
| 4 |
Rockefeller Capital Management
New York
|
-$408K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$377K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
KeyBank National Association
Cleveland,
Ohio
| $336K | – | – | – |
|
27
Ameriprise
Minneapolis,
Minnesota
| $267K | +$1.34K | +66 | +0.5% |
|
28
US Bancorp
Minneapolis,
Minnesota
| $134K | – | – | – |
|
|
AIM
29
Anchor Investment Management
Columbia,
South Carolina
| $114K | – | – | – |
|
|
NSIM
30
North Star Investment Management
Chicago,
Illinois
| $62K | – | – | – |
|
31
Bessemer Group
Woodbridge,
New Jersey
| $47K | – | – | – |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $8K | – | – | – |
|
33
Citigroup
New York
| $4K | +$4.08K | +200 | New |
|
|
PA
34
Parallel Advisors
San Francisco,
California
| $2K | – | – | – |
|
|
XF
35
XML Financial
Bethesda,
Maryland
| – | -$3.07M | -150,186 | Closed |
|
|
36
First Trust Advisors
Wheaton,
Illinois
| – | -$377K | -18,446 | Closed |
|
|
OIA
37
OneDigital Investment Advisors
Overland Park,
Kansas
| – | -$287K | -14,065 | Closed |
|
|
ST
38
Sentinel Trust
Houston,
Texas
| – | -$225K | -11,000 | Closed |
|
|
HA
39
Herold Advisors
New York
| – | -$22.1K | -1,081 | Closed |
|
ETX Hedge Fund Activity: Q2 2022 in Review
34 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q2 2022, worth a combined $38.8M — down 5.8% from $41.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ETX and 2 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 11 added.
The largest buyer was Bank of America, adding an estimated $2.24M. The largest seller was XML Financial, exiting entirely with an estimated $3.07M sold.
- 34 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q2 2022, down from 37 in Q1 2022.
- Funds reported $38.8M of Eaton Vance Municipal Income 2028 Term Trust stock for Q2 2022, down 5.8% quarter-over-quarter.
- 2 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q2 2022 and 5 closed out, a net change of -3 holders.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q2 2022 was Bank of America, an estimated $2.24M added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q2 2022 was XML Financial, an estimated $3.07M sold.
Based on aggregated 13F filings for Q2 2022.