Eaton Vance Municipal Income 2028 Term Trust
ETX
40 hedge funds and large institutions have $42M invested in Eaton Vance Municipal Income 2028 Term Trust in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 5 closing their positions.
0.47% less ownership
Funds ownership: 18.27% → 17.8% (-0.47%)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
2% less funds holding
Funds holding: 41 → 40 (-1)
9% less capital invested
Capital invested by funds: $46.4M → $42M (-$4.37M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$359K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$301K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$226K |
| 4 |
WKWM
Walter & Keenan Wealth Management
Souh Bend,
Indiana
|
+$183K |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
+$146K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Sargent Investment Group
Bethesda,
Maryland
|
-$486K |
| 2 |
Rockefeller Capital Management
New York
|
-$296K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$293K |
| 4 |
TP
Tranquility Partners
Brentwood,
Tennessee
|
-$255K |
| 5 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
-$231K |
ETX Hedge Fund Activity: Q1 2021 in Review
40 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q1 2021, worth a combined $42M — down 9.4% from $46.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ETX and 4 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 12 added.
The largest buyer was Janney Montgomery Scott, adding an estimated $359K. The largest seller was Sargent Investment Group, exiting entirely with an estimated $486K sold.
- 40 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q1 2021, down from 41 in Q4 2020.
- Funds reported $42M of Eaton Vance Municipal Income 2028 Term Trust stock for Q1 2021, down 9.4% quarter-over-quarter.
- 4 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q1 2021 and 5 closed out, a net change of -1 holder.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q1 2021 was Janney Montgomery Scott, an estimated $359K added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q1 2021 was Sargent Investment Group, an estimated $486K sold.
Based on aggregated 13F filings for Q1 2021.