Eaton Vance Municipal Income 2028 Term Trust
ETX
40 hedge funds and large institutions have $38.5M invested in Eaton Vance Municipal Income 2028 Term Trust in 2022 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
18% more funds holding
Funds holding: 34 → 40 (+6)
0.54% more ownership
Funds ownership: 19.29% → 19.83% (+0.54%)
2% less capital invested
Capital invested by funds: $39.2M → $38.5M (-$682K)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.39M |
| 2 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$821K |
| 3 |
ST
Sentinel Trust
Houston,
Texas
|
+$529K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$263K |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
+$212K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WKWM
Walter & Keenan Wealth Management
Souh Bend,
Indiana
|
-$401K |
| 2 |
KeyBank National Association
Cleveland,
Ohio
|
-$303K |
| 3 |
Morgan Stanley
New York
|
-$216K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$159K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$130K |
ETX Hedge Fund Activity: Q4 2022 in Review
40 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q4 2022, worth a combined $38.5M — down 1.7% from $39.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ETX positions and 2 closed out — a net gain of 8 holders — while 11 added to existing stakes and 13 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $1.39M. The largest seller was Walter & Keenan Wealth Management, cutting an estimated $401K.
- 40 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q4 2022, up from 34 in Q3 2022.
- Funds reported $38.5M of Eaton Vance Municipal Income 2028 Term Trust stock for Q4 2022, down 1.7% quarter-over-quarter.
- 10 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q4 2022 and 2 closed out, a net change of +8 holders.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q4 2022 was Wolverine Asset Management, an estimated $1.39M added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q4 2022 was Walter & Keenan Wealth Management, an estimated $401K sold.
Based on aggregated 13F filings for Q4 2022.