Eaton Vance Municipal Income 2028 Term Trust
ETX
31 hedge funds and large institutions have $40M invested in Eaton Vance Municipal Income 2028 Term Trust in 2015 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 1 closing their positions.
0.73% less ownership
Funds ownership: 21.95% → 21.22% (-0.73%)
1% less capital invested
Capital invested by funds: $40.5M → $40M (-$460K)
3% less funds holding
Funds holding: 32 → 31 (-1)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.76M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$59.9K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$56.4K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$37.7K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$30.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.32M |
| 2 |
Morgan Stanley
New York
|
-$909K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$531K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$170K |
| 5 |
PCM
Prelude Capital Management
New York
|
-$152K |
ETX Hedge Fund Activity: Q3 2015 in Review
31 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q3 2015, worth a combined $40M — down 1.1% from $40.5M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of ETX and 0 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 8 added.
The largest buyer was Wells Fargo, adding an estimated $1.76M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.32M.
- 31 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q3 2015, down from 32 in Q2 2015.
- Funds reported $40M of Eaton Vance Municipal Income 2028 Term Trust stock for Q3 2015, down 1.1% quarter-over-quarter.
- 0 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q3 2015 and 1 closed out, a net change of -1 holder.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q3 2015 was Wells Fargo, an estimated $1.76M added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q3 2015 was Rivernorth Capital Management, an estimated $1.32M sold.
Based on aggregated 13F filings for Q3 2015.