Eaton Vance Municipal Income 2028 Term Trust
ETX
47 hedge funds and large institutions have $52.6M invested in Eaton Vance Municipal Income 2028 Term Trust in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
30% more capital invested
Capital invested by funds: $40.6M → $52.6M (+$12M)
5.88% more ownership
Funds ownership: 21.9% → 27.78% (+5.9%)
4% more funds holding
Funds holding: 45 → 47 (+2)
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.34M |
| 2 |
Rockefeller Capital Management
New York
|
+$2.27M |
| 3 |
ST
Sentinel Trust
Houston,
Texas
|
+$1.54M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$491K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$428K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$762K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$690K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$555K |
| 4 |
XF
XML Financial
Bethesda,
Maryland
|
-$364K |
| 5 |
CFGSD
Compass Financial Group (South Dakota)
Sioux Falls,
South Dakota
|
-$258K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAIM
51
Financial Advocates Investment Management
Olympia,
Washington
| – | -$196K | -11,537 | Closed |
|
|
AW
52
Atlas Wealth
Cincinnati,
Ohio
| – | -$184K | -10,876 | Closed |
|
53
JP Morgan Chase
New York
| – | -$12.2K | -720 | Closed |
|
ETX Hedge Fund Activity: Q4 2023 in Review
47 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q4 2023, worth a combined $52.6M — up 30% from $40.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ETX positions and 5 closed out — a net gain of 2 holders — while 17 added to existing stakes and 17 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.34M. The largest seller was Stratos Wealth Partners, cutting an estimated $762K.
- 47 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q4 2023, up from 45 in Q3 2023.
- Funds reported $52.6M of Eaton Vance Municipal Income 2028 Term Trust stock for Q4 2023, up 30% quarter-over-quarter.
- 7 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q4 2023 and 5 closed out, a net change of +2 holders.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q4 2023 was Morgan Stanley, an estimated $6.34M added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q4 2023 was Stratos Wealth Partners, an estimated $762K sold.
Based on aggregated 13F filings for Q4 2023.