Eaton Vance Municipal Income 2028 Term Trust
ETX
37 hedge funds and large institutions have $37.5M invested in Eaton Vance Municipal Income 2028 Term Trust in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 6 reducing their positions, and 3 closing their positions.
183% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 6
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
9% more funds holding
Funds holding: 34 → 37 (+3)
1% more capital invested
Capital invested by funds: $37M → $37.5M (+$472K)
0.22% less ownership
Funds ownership: 17.15% → 16.93% (-0.22%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WKWM
Walter & Keenan Wealth Management
Souh Bend,
Indiana
|
+$1.95M |
| 2 |
SPIA
Steward Partners Investment Advisory
New York
|
+$430K |
| 3 |
Morgan Stanley
New York
|
+$379K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$280K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$280K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.25M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$310K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$301K |
| 4 |
UR
USCA RIA
Houston,
Texas
|
-$280K |
| 5 |
LC
Lavaca Capital
Houston,
Texas
|
-$210K |
ETX Hedge Fund Activity: Q2 2020 in Review
37 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q2 2020, worth a combined $37.5M — up 1.3% from $37M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ETX positions and 3 closed out — a net gain of 3 holders — while 17 added to existing stakes and 6 trimmed.
The largest buyer was Walter & Keenan Wealth Management, opening a new position worth an estimated $1.95M. The largest seller was Bank of America, cutting an estimated $3.25M.
- 37 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q2 2020, up from 34 in Q1 2020.
- Funds reported $37.5M of Eaton Vance Municipal Income 2028 Term Trust stock for Q2 2020, up 1.3% quarter-over-quarter.
- 6 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q2 2020 and 3 closed out, a net change of +3 holders.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q2 2020 was Walter & Keenan Wealth Management, an estimated $1.95M added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q2 2020 was Bank of America, an estimated $3.25M sold.
Based on aggregated 13F filings for Q2 2020.