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ETX

Eaton Vance Municipal Income 2028 Term Trust

34 hedge funds and large institutions have $34.6M invested in Eaton Vance Municipal Income 2028 Term Trust in 2018 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

6% more funds holding

Funds holding: 3234 (+2)

0% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 10

0.32% less ownership

Funds ownership: 17.07%16.75% (-0.32%)

1% less capital invested

Capital invested by funds: $34.9M → $34.6M (-$255K)

Holders
34
Holders Change
+2
Holders Change %
+6.25%
% of All Funds
0.76%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
10
Reduced
10
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$5.11M -$400K -20,993 -7%
Bank of America
2
Bank of America
North Carolina
$3.93M +$52.5K +2,752 +1%
UBS Group
3
UBS Group
Switzerland
$3.48M -$702K -36,831 -17%
Wells Fargo
4
Wells Fargo
California
$3.19M +$357K +18,698 +13%
RJFSA
5
Raymond James Financial Services Advisors
Florida
$2.29M -$309K -16,181 -12%
Stifel Financial
6
Stifel Financial
Missouri
$2.17M -$35.5K -1,864 -2%
UR
7
USCA RIA
Texas
$1.85M +$210K +11,010 +13%
MSL
8
Mackay Shields LLC
New York
$1.58M
FFA
9
First Foundation Advisors
California
$1.18M +$229 +12 +0%
WKWM
10
Walter & Keenan Wealth Management
Indiana
$1.16M
AAM
11
Advisors Asset Management
Colorado
$1.04M -$51.5K -2,703 -5%
First Trust Advisors
12
First Trust Advisors
Illinois
$967K -$246K -12,878 -20%
SWP
13
Stratos Wealth Partners
Ohio
$914K -$34.3K -1,800 -4%
Bank of Montreal
14
Bank of Montreal
Ontario, Canada
$802K
AG
15
Advisor Group
Arizona
$758K
PAG
16
Private Advisor Group
New Jersey
$751K +$750K +39,336 New
VanEck Associates
17
VanEck Associates
New York
$507K +$34.2K +1,792 +7%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$454K -$19.1K -1,000 -4%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$419K
MIG
20
Mariner Investment Group
New York
$401K +$400K +20,984 New
RJA
21
Raymond James & Associates
Florida
$380K -$733K -38,449 -66%
LPL Financial
22
LPL Financial
California
$306K +$113K +5,905 +58%
Citigroup
23
Citigroup
New York
$272K +$2.94K +154 +1%
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$208K +$24K +1,256 +13%
LC
25
Lavaca Capital
Texas
$202K +$202K +10,578 New

ETX Hedge Fund Activity: Q4 2018 in Review

34 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q4 2018, worth a combined $34.6M — down 0.73% from $34.9M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new ETX positions and 3 closed out — a net gain of 2 holders — while 10 added to existing stakes and 10 trimmed.

The largest buyer was Private Advisor Group, opening a new position worth an estimated $750K. The largest seller was Raymond James & Associates, cutting an estimated $733K.

  • 34 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q4 2018, up from 32 in Q3 2018.
  • Funds reported $34.6M of Eaton Vance Municipal Income 2028 Term Trust stock for Q4 2018, down 0.73% quarter-over-quarter.
  • 5 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q4 2018 and 3 closed out, a net change of +2 holders.
  • The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q4 2018 was Private Advisor Group, an estimated $750K added.
  • The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q4 2018 was Raymond James & Associates, an estimated $733K sold.

Based on aggregated 13F filings for Q4 2018.