Eaton Vance Municipal Income 2028 Term Trust
ETX
41 hedge funds and large institutions have $46.4M invested in Eaton Vance Municipal Income 2028 Term Trust in 2020 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
17% more capital invested
Capital invested by funds: $39.8M → $46.4M (+$6.65M)
5% more funds holding
Funds holding: 39 → 41 (+2)
0.85% more ownership
Funds ownership: 17.42% → 18.27% (+0.85%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.11M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$935K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$444K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$284K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$194K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$329K |
| 2 |
ST
Sentinel Trust
Houston,
Texas
|
-$295K |
| 3 |
Morgan Stanley
New York
|
-$240K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$143K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$74.4K |
ETX Hedge Fund Activity: Q4 2020 in Review
41 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q4 2020, worth a combined $46.4M — up 17% from $39.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ETX positions and 3 closed out — a net gain of 2 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.11M. The largest seller was Invesco, cutting an estimated $329K.
- 41 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q4 2020, up from 39 in Q3 2020.
- Funds reported $46.4M of Eaton Vance Municipal Income 2028 Term Trust stock for Q4 2020, up 17% quarter-over-quarter.
- 5 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q4 2020 and 3 closed out, a net change of +2 holders.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q4 2020 was Wells Fargo, an estimated $1.11M added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q4 2020 was Invesco, an estimated $329K sold.
Based on aggregated 13F filings for Q4 2020.