Eaton Vance Municipal Income 2028 Term Trust
ETX
35 hedge funds and large institutions have $40.9M invested in Eaton Vance Municipal Income 2028 Term Trust in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
9% more funds holding
Funds holding: 32 → 35 (+3)
8% more capital invested
Capital invested by funds: $37.8M → $40.9M (+$3.18M)
0.48% more ownership
Funds ownership: 16.95% → 17.43% (+0.48%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$550K |
| 2 |
SIG
Sargent Investment Group
Bethesda,
Maryland
|
+$439K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$427K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$191K |
| 5 |
WKWM
Walter & Keenan Wealth Management
Souh Bend,
Indiana
|
+$169K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$521K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$165K |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$91K |
| 4 |
Citigroup
New York
|
-$83.9K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$42.3K |
ETX Hedge Fund Activity: Q3 2019 in Review
35 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q3 2019, worth a combined $40.9M — up 8.4% from $37.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ETX positions and 2 closed out — a net gain of 3 holders — while 14 added to existing stakes and 8 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $550K. The largest seller was Advisors Asset Management, exiting entirely with an estimated $521K sold.
- 35 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q3 2019, up from 32 in Q2 2019.
- Funds reported $40.9M of Eaton Vance Municipal Income 2028 Term Trust stock for Q3 2019, up 8.4% quarter-over-quarter.
- 5 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q3 2019 and 2 closed out, a net change of +3 holders.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q3 2019 was Invesco, an estimated $550K added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q3 2019 was Advisors Asset Management, an estimated $521K sold.
Based on aggregated 13F filings for Q3 2019.