Eaton Vance Municipal Income 2028 Term Trust
ETX
32 hedge funds and large institutions have $37.8M invested in Eaton Vance Municipal Income 2028 Term Trust in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 2 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
3% more funds holding
Funds holding: 31 → 32 (+1)
3% more capital invested
Capital invested by funds: $36.5M → $37.8M (+$1.22M)
0.21% more ownership
Funds ownership: 16.74% → 16.95% (+0.21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$326K |
| 2 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$226K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$217K |
| 4 |
WKWM
Walter & Keenan Wealth Management
Souh Bend,
Indiana
|
+$124K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$109K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$354K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$223K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$211K |
| 4 |
WAM
Wealthspire Advisors (Maryland)
Potomac,
Maryland
|
-$71K |
| 5 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
-$60K |
ETX Hedge Fund Activity: Q2 2019 in Review
32 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q2 2019, worth a combined $37.8M — up 3.3% from $36.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new ETX positions and 2 closed out — a net gain of 1 holder — while 14 added to existing stakes and 9 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $326K. The largest seller was Bank of America, cutting an estimated $354K.
- 32 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q2 2019, up from 31 in Q1 2019.
- Funds reported $37.8M of Eaton Vance Municipal Income 2028 Term Trust stock for Q2 2019, up 3.3% quarter-over-quarter.
- 3 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q2 2019 and 2 closed out, a net change of +1 holder.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q2 2019 was Ladenburg Thalmann Financial Services, an estimated $326K added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q2 2019 was Bank of America, an estimated $354K sold.
Based on aggregated 13F filings for Q2 2019.