Eaton Vance Municipal Income 2028 Term Trust
ETX
34 hedge funds and large institutions have $43.3M invested in Eaton Vance Municipal Income 2028 Term Trust in 2025 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
3% more capital invested
Capital invested by funds: $42M → $43.3M (+$1.23M)
0.94% more ownership
Funds ownership: 21.13% → 22.07% (+0.94%)
3% less funds holding
Funds holding: 35 → 34 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$597K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$425K |
| 3 |
USCWA
U.S. Capital Wealth Advisors
Austin,
Texas
|
+$306K |
| 4 |
BHPW
Beverly Hills Private Wealth
Beverly Hills,
California
|
+$228K |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
+$209K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$239K |
| 2 |
Corient Private Wealth
Miami,
Florida
|
-$143K |
| 3 |
WKWM
Walter & Keenan Wealth Management
Souh Bend,
Indiana
|
-$50.6K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$36.6K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$34.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
26
Anchor Investment Management
Columbia,
South Carolina
| $169K | – | – | – |
|
|
EC
27
Elequin Capital
New York
| $44.4K | +$44.6K | +2,465 | New |
|
|
CFFP
28
Center for Financial Planning
Southfied,
Michigan
| $34.6K | – | – | – |
|
29
Bessemer Group
Woodbridge,
New Jersey
| $34K | – | – | – |
|
|
CT
30
Colonial Trust
Spartanburg,
South Carolina
| $27K | – | – | – |
|
|
RIL
31
Rothschild Investment LLC
Chicago,
Illinois
| $14K | +$181 | +10 | +1% |
|
|
NA
32
NewEdge Advisors
New Orleans,
Louisiana
| $13.4K | – | – | – |
|
33
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $6.66K | – | – | – |
|
|
HC
34
Hara Capital
Bellevue,
Washington
| $792 | – | – | – |
|
|
HNB
35
Huntington National Bank
Columbus,
Ohio
| $18 | – | – | – |
|
|
VF
36
Virtu Financial
New York
| – | -$239K | -13,055 | Closed |
|
37
US Bancorp
Minneapolis,
Minnesota
| – | -$20.1K | -1,100 | Closed |
|
38
Jones Financial Companies
Des Peres,
Missouri
| – | -$19K | -1,040 | Closed |
|
|
WAM
39
Wolverine Asset Management
Chicago,
Illinois
| – | -$3.8K | -208 | Closed |
|
ETX Hedge Fund Activity: Q2 2025 in Review
34 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q2 2025, worth a combined $43.3M — up 2.9% from $42M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of ETX and 3 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 14 added.
The largest buyer was Integrated Wealth Concepts, opening a new position worth an estimated $597K. The largest seller was Virtu Financial, exiting entirely with an estimated $239K sold.
- 34 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q2 2025, down from 35 in Q1 2025.
- Funds reported $43.3M of Eaton Vance Municipal Income 2028 Term Trust stock for Q2 2025, up 2.9% quarter-over-quarter.
- 3 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q2 2025 and 4 closed out, a net change of -1 holder.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q2 2025 was Integrated Wealth Concepts, an estimated $597K added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q2 2025 was Virtu Financial, an estimated $239K sold.
Based on aggregated 13F filings for Q2 2025.