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ETX

Eaton Vance Municipal Income 2028 Term Trust

27 hedge funds and large institutions have $38M invested in Eaton Vance Municipal Income 2028 Term Trust in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 9

4% more funds holding

Funds holding: 2627 (+1)

1.61% less ownership

Funds ownership: 19.06%17.46% (-1.6%)

6% less capital invested

Capital invested by funds: $40.4M → $38M (-$2.44M)

Holders
27
Holders Change
+1
Holders Change %
+3.85%
% of All Funds
0.67%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
10
Reduced
9
Closed
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$5.17M -$628K -30,837 -11%
AAM
2
Advisors Asset Management
Colorado
$4.07M +$184K +9,028 +5%
Bank of America
3
Bank of America
North Carolina
$3.35M -$632K -31,056 -16%
Invesco
4
Invesco
Georgia
$2.97M -$1.94M -95,081 -39%
RJA
5
Raymond James & Associates
Florida
$2.68M -$761K -37,382 -22%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$2.52M -$1.65K -81 -0.1%
Wells Fargo
7
Wells Fargo
California
$2.44M +$43.8K +2,149 +2%
Stifel Financial
8
Stifel Financial
Missouri
$2.31M -$60.5K -2,971 -3%
Morgan Stanley
9
Morgan Stanley
New York
$1.96M -$132K -6,463 -6%
MSL
10
Mackay Shields LLC
New York
$1.77M
FFA
11
First Foundation Advisors
California
$1.49M +$19.5K +960 +1%
WKWM
12
Walter & Keenan Wealth Management
Indiana
$1.26M +$234K +11,500 +22%
First Trust Advisors
13
First Trust Advisors
Illinois
$1.21M +$114K +5,611 +10%
UR
14
USCA RIA
Texas
$1.14M +$42.5K +2,088 +4%
NPC
15
National Planning Corporation
California
$877K +$143K +7,000 +19%
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$843K
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$463K
VanEck Associates
18
VanEck Associates
New York
$423K +$50.5K +2,478 +13%
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$256K -$6.6K -324 -2%
Ameriprise
20
Ameriprise
Minnesota
$217K +$10.2K +500 +5%
Citigroup
21
Citigroup
New York
$163K -$8.57K -421 -5%
NSIM
22
North Star Investment Management
Illinois
$100K
US Bancorp
23
US Bancorp
Minnesota
$97K
AG
24
Advisor Group
Arizona
$82K +$21.5K +1,058 +35%
WAM
25
Wealthspire Advisors (Maryland)
Maryland
$67K +$68.3K +3,353 New

ETX Hedge Fund Activity: Q2 2017 in Review

27 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q2 2017, worth a combined $38M — down 6% from $40.4M a quarter earlier.

Buyers outnumbered sellers: 2 funds opened new ETX positions and 0 closed out — a net gain of 2 holders — while 10 added to existing stakes and 9 trimmed.

The largest buyer was Walter & Keenan Wealth Management, adding an estimated $234K. The largest seller was Invesco, cutting an estimated $1.94M.

  • 27 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q2 2017, up from 26 in Q1 2017.
  • Funds reported $38M of Eaton Vance Municipal Income 2028 Term Trust stock for Q2 2017, down 6% quarter-over-quarter.
  • 2 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q2 2017 and 0 closed out, a net change of +2 holders.
  • The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q2 2017 was Walter & Keenan Wealth Management, an estimated $234K added.
  • The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q2 2017 was Invesco, an estimated $1.94M sold.

Based on aggregated 13F filings for Q2 2017.