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ETX

Eaton Vance Municipal Income 2028 Term Trust

32 hedge funds and large institutions have $40.5M invested in Eaton Vance Municipal Income 2028 Term Trust in 2015 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more capital invested

Capital invested by funds: $38.1M → $40.5M (+$2.38M)

2.3% more ownership

Funds ownership: 19.65%21.95% (+2.3%)

0% more funds holding

Funds holding: 3232 (0)

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

9% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 11

Holders
32
Holders Change
Holders Change %
0%
% of All Funds
0.86%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
10
Reduced
11
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$4.64M -$112K -6,426 -2%
Wells Fargo
2
Wells Fargo
California
$4.5M +$3.88M +222,474 +514%
UBS Group
3
UBS Group
Switzerland
$4.46M +$634K +36,420 +16%
KIM
4
Karpus Investment Management
New York
$3.58M -$62.7K -3,600 -2%
AAM
5
Advisors Asset Management
Colorado
$3.21M +$659K +37,857 +25%
Invesco
6
Invesco
Georgia
$3.18M -$503K -28,892 -13%
RJA
7
Raymond James & Associates
Florida
$2.52M +$60.1K +3,453 +2%
FIMG
8
Financial & Investment Management Group
Michigan
$1.99M -$69.7K -4,000 -3%
Bank of America
9
Bank of America
North Carolina
$1.64M +$159K +9,141 +10%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$1.53M +$1.57M +90,356 New
RCM
11
Rivernorth Capital Management
Florida
$1.45M -$29.6K -1,700 -2%
Cohen & Steers
12
Cohen & Steers
New York
$1.06M +$300K +17,229 +38%
Bank of Montreal
13
Bank of Montreal
Ontario, Canada
$711K
Deutsche Bank
14
Deutsche Bank
Germany
$675K +$71.1K +4,080 +11%
NPC
15
National Planning Corporation
California
$629K
FWM
16
Frontier Wealth Management
Missouri
$585K +$602K +34,555 New
First Trust Advisors
17
First Trust Advisors
Illinois
$555K -$8.27K -475 -1%
ICAS
18
Investors Capital Advisory Services
Massachusetts
$552K
UR
19
USCA RIA
Texas
$461K -$87.1K -5,000 -16%
MCTP
20
MPAM Credit Trading Partners
Ohio
$449K -$7.91K -454 -2%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$391K +$226K +13,000 +129%
Citigroup
22
Citigroup
New York
$270K +$25.1K +1,440 +10%
VanEck Associates
23
VanEck Associates
New York
$270K +$25.7K +1,476 +10%
LPL Financial
24
LPL Financial
California
$242K -$31.6K -1,813 -11%
TF
25
Trutina Financial
Washington
$212K

ETX Hedge Fund Activity: Q2 2015 in Review

32 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q2 2015, worth a combined $40.5M — up 6.3% from $38.1M a quarter earlier.

Fund positioning in ETX was balanced in Q2 2015: 5 funds opened new positions, 5 closed out, 10 added to existing stakes and 11 trimmed.

The largest buyer was Wells Fargo, adding an estimated $3.88M. The largest seller was PT Asset Management, exiting entirely with an estimated $2.73M sold.

  • 32 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q2 2015, unchanged from Q1 2015.
  • Funds reported $40.5M of Eaton Vance Municipal Income 2028 Term Trust stock for Q2 2015, up 6.3% quarter-over-quarter.
  • 5 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q2 2015 and 5 closed out, a net change of 0 holders.
  • The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q2 2015 was Wells Fargo, an estimated $3.88M added.
  • The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q2 2015 was PT Asset Management, an estimated $2.73M sold.

Based on aggregated 13F filings for Q2 2015.