Eaton Vance Municipal Income 2028 Term Trust
ETX
23 hedge funds and large institutions have $17.6M invested in Eaton Vance Municipal Income 2028 Term Trust in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
94% more capital invested
Capital invested by funds: $9.1M → $17.6M (+$8.52M)
77% more funds holding
Funds holding: 13 → 23 (+10)
4.8% more ownership
Funds ownership: 6.13% → 10.94% (+4.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$1.82M |
| 3 |
Cohen & Steers
New York
|
+$1.41M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$860K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$851K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$565K |
| 2 |
ICAS
Investors Capital Advisory Services
Lynnfield,
Massachusetts
|
-$62.4K |
| 3 |
Morgan Stanley
New York
|
-$57.9K |
| 4 |
Citigroup
New York
|
-$4.3K |
ETX Hedge Fund Activity: Q4 2013 in Review
23 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q4 2013, worth a combined $17.6M — up 94% from $9.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ETX positions and 0 closed out — a net gain of 10 holders — while 9 added to existing stakes and 4 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $2M. The largest seller was Bank of America, cutting an estimated $565K.
- 23 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q4 2013, up from 13 in Q3 2013.
- Funds reported $17.6M of Eaton Vance Municipal Income 2028 Term Trust stock for Q4 2013, up 94% quarter-over-quarter.
- 10 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q4 2013 and 0 closed out, a net change of +10 holders.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q4 2013 was Sit Investment Associates, an estimated $2M added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q4 2013 was Bank of America, an estimated $565K sold.
Based on aggregated 13F filings for Q4 2013.