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ETX

Eaton Vance Municipal Income 2028 Term Trust

34 hedge funds and large institutions have $38.8M invested in Eaton Vance Municipal Income 2028 Term Trust in 2022 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.32% less ownership

Funds ownership: 18.57%17.25% (-1.3%)

6% less capital invested

Capital invested by funds: $41.2M → $38.8M (-$2.38M)

8% less funds holding

Funds holding: 3734 (-3)

15% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 13

60% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 5

Holders
34
Holders Change
-3
Holders Change %
-8.11%
% of All Funds
0.57%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
11
Reduced
13
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$5.84M -$228K -11,194 -4%
Bank of America
2
Bank of America
North Carolina
$4.99M +$2.24M +109,842 +84%
WKWM
3
Walter & Keenan Wealth Management
Indiana
$3.07M +$67.2K +3,296 +2%
Wells Fargo
4
Wells Fargo
California
$2.64M -$177K -8,703 -6%
RJFSA
5
Raymond James Financial Services Advisors
Florida
$2.64M -$4.32K -212 -0.2%
EVM
6
Eaton Vance Management
Massachusetts
$2.22M -$42.5K -2,084 -2%
UBS Group
7
UBS Group
Switzerland
$1.94M -$460K -22,576 -19%
Rockefeller Capital Management
8
Rockefeller Capital Management
New York
$1.79M -$408K -20,000 -19%
USCWA
9
U.S. Capital Wealth Advisors
Texas
$1.78M -$40.8K -2,000 -2%
Janney Montgomery Scott
10
Janney Montgomery Scott
Pennsylvania
$1.42M -$975K -47,855 -41%
GC
11
Guggenheim Capital
Illinois
$1.16M +$357K +17,528 +46%
Osaic Holdings
12
Osaic Holdings
Arizona
$1.02M -$25.1K -1,230 -2%
SPIA
13
Steward Partners Investment Advisory
New York
$934K +$56.9K +2,793 +7%
HWAM
14
Hennion & Walsh Asset Management
New Jersey
$810K +$797K +39,094 New
LPL Financial
15
LPL Financial
California
$639K +$897 +44 +0.1%
Stifel Financial
16
Stifel Financial
Missouri
$579K -$59.2K -2,905 -9%
VanEck Associates
17
VanEck Associates
New York
$558K -$257K -12,604 -32%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$555K -$89.7K -4,400 -14%
SWP
19
Stratos Wealth Partners
Ohio
$552K +$59.1K +2,900 +12%
MFG
20
Merit Financial Group
Georgia
$543K
Truist Financial
21
Truist Financial
North Carolina
$534K +$151K +7,415 +40%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$469K +$25.5K +1,250 +6%
AHIA
23
Andrew Hill Investment Advisors
Florida
$454K +$71.3K +3,500 +19%
RJA
24
Raymond James & Associates
Florida
$355K +$6.24K +306 +2%
AWA
25
Amplius Wealth Advisors
Pennsylvania
$344K -$14.9K -732 -4%

ETX Hedge Fund Activity: Q2 2022 in Review

34 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q2 2022, worth a combined $38.8M — down 5.8% from $41.2M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of ETX and 2 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 11 added.

The largest buyer was Bank of America, adding an estimated $2.24M. The largest seller was XML Financial, exiting entirely with an estimated $3.07M sold.

  • 34 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q2 2022, down from 37 in Q1 2022.
  • Funds reported $38.8M of Eaton Vance Municipal Income 2028 Term Trust stock for Q2 2022, down 5.8% quarter-over-quarter.
  • 2 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q2 2022 and 5 closed out, a net change of -3 holders.
  • The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q2 2022 was Bank of America, an estimated $2.24M added.
  • The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q2 2022 was XML Financial, an estimated $3.07M sold.

Based on aggregated 13F filings for Q2 2022.