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ETX

Eaton Vance Municipal Income 2028 Term Trust

39 hedge funds and large institutions have $39.8M invested in Eaton Vance Municipal Income 2028 Term Trust in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

45% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 11

6% more capital invested

Capital invested by funds: $37.5M → $39.8M (+$2.3M)

5% more funds holding

Funds holding: 3739 (+2)

0.5% more ownership

Funds ownership: 16.93%17.42% (+0.5%)

Holders
39
Holders Change
+2
Holders Change %
+5.41%
% of All Funds
0.79%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
16
Reduced
11
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$5.03M +$555K +25,969 +12%
Wells Fargo
2
Wells Fargo
California
$4.59M +$76.5K +3,579 +2%
Bank of America
3
Bank of America
North Carolina
$3.9M -$681K -31,850 -15%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$2.81M +$134K +6,283 +5%
UBS Group
5
UBS Group
Switzerland
$2.64M +$314K +14,695 +13%
EVM
6
Eaton Vance Management
Massachusetts
$2.33M -$325K -15,189 -12%
WKWM
7
Walter & Keenan Wealth Management
Indiana
$2.2M +$150K +7,000 +7%
Rockefeller Capital Management
8
Rockefeller Capital Management
New York
$1.85M +$1M +46,850 +114%
UR
9
USCA RIA
Texas
$1.76M -$197K -9,235 -10%
Stifel Financial
10
Stifel Financial
Missouri
$1.16M -$225K -10,530 -16%
First Trust Advisors
11
First Trust Advisors
Illinois
$1.03M +$59.9K +2,800 +6%
FFA
12
First Foundation Advisors
California
$966K +$257 +12 +0%
SWP
13
Stratos Wealth Partners
Ohio
$899K -$77K -3,600 -8%
SPIA
14
Steward Partners Investment Advisory
New York
$836K +$182K +8,530 +27%
Osaic Holdings
15
Osaic Holdings
Arizona
$798K +$81.5K +3,814 +11%
MFG
16
Merit Financial Group
Georgia
$775K -$61.9K -2,893 -7%
VanEck Associates
17
VanEck Associates
New York
$655K -$25.1K -1,175 -4%
Invesco
18
Invesco
Georgia
$618K -$255K -11,940 -29%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$598K +$73.2K +3,424 +14%
RJA
20
Raymond James & Associates
Florida
$485K -$17.3K -809 -3%
SIG
21
Sargent Investment Group
Maryland
$437K
KAS
22
Kestra Advisory Services
Texas
$413K +$419K +19,607 New
LPL Financial
23
LPL Financial
California
$403K -$85.5K -3,998 -17%
Citigroup
24
Citigroup
New York
$313K +$2.42K +113 +0.8%
OIA
25
OneDigital Investment Advisors
Kansas
$296K

ETX Hedge Fund Activity: Q3 2020 in Review

39 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q3 2020, worth a combined $39.8M — up 6.1% from $37.5M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new ETX positions and 1 closed out — a net gain of 2 holders — while 16 added to existing stakes and 11 trimmed.

The largest buyer was Rockefeller Capital Management, adding an estimated $1M. The largest seller was Bank of America, cutting an estimated $681K.

  • 39 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q3 2020, up from 37 in Q2 2020.
  • Funds reported $39.8M of Eaton Vance Municipal Income 2028 Term Trust stock for Q3 2020, up 6.1% quarter-over-quarter.
  • 3 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q3 2020 and 1 closed out, a net change of +2 holders.
  • The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q3 2020 was Rockefeller Capital Management, an estimated $1M added.
  • The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q3 2020 was Bank of America, an estimated $681K sold.

Based on aggregated 13F filings for Q3 2020.