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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 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 7 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

171% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 7

3% more capital invested

Capital invested by funds: $38.5M → $39.8M (+$1.28M)

0.93% more ownership

Funds ownership: 19.83%20.77% (+0.93%)

3% less funds holding

Funds holding: 4039 (-1)

17% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 6

Holders
39
Holders Change
-1
Holders Change %
-2.5%
% of All Funds
0.62%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
19
Reduced
7
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$6.17M +$1.08M +59,909 +21%
XF
2
XML Financial
Maryland
$2.86M +$88.5K +4,906 +3%
UBS Group
3
UBS Group
Switzerland
$2.73M +$1.21M +67,292 +78%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$2.55M +$111K +6,160 +4%
WKWM
5
Walter & Keenan Wealth Management
Indiana
$2.39M +$47.8K +2,650 +2%
Wells Fargo
6
Wells Fargo
California
$2.22M +$70.9K +3,932 +3%
Bank of America
7
Bank of America
North Carolina
$1.94M -$4.73M -262,108 -71%
Corient Private Wealth
8
Corient Private Wealth
Florida
$1.86M +$1.89M +104,683 New
USCWA
9
U.S. Capital Wealth Advisors
Texas
$1.76M +$54.1K +3,000 +3%
SPIA
10
Steward Partners Investment Advisory
New York
$1.6M +$836K +46,371 +107%
Rockefeller Capital Management
11
Rockefeller Capital Management
New York
$1.55M -$58.7K -3,253 -4%
WAM
12
Wolverine Asset Management
Illinois
$1.44M +$102K +5,658 +8%
SWP
13
Stratos Wealth Partners
Ohio
$1.05M +$19.4K +1,073 +2%
VanEck Associates
14
VanEck Associates
New York
$973K +$343K +19,008 +53%
Osaic Holdings
15
Osaic Holdings
Arizona
$898K +$72.9K +4,042 +9%
GC
16
Guggenheim Capital
Illinois
$890K -$14.3K -794 -2%
Cohen & Steers
17
Cohen & Steers
New York
$791K +$802K +44,477 New
LPL Financial
18
LPL Financial
California
$752K +$1.08K +60 +0.1%
MFG
19
Merit Financial Group
Georgia
$670K +$207K +11,468 +44%
HWAM
20
Hennion & Walsh Asset Management
New Jersey
$640K -$12.1K -672 -2%
ST
21
Sentinel Trust
Texas
$507K
Stifel Financial
22
Stifel Financial
Missouri
$418K -$41.5K -2,300 -9%
MWM
23
Melfa Wealth Management
Massachusetts
$366K -$45.2K -2,504 -11%
1CP
24
1607 Capital Partners
Virginia
$351K +$355K +19,703 New
Truist Financial
25
Truist Financial
North Carolina
$334K +$920 +51 +0.3%

ETX Hedge Fund Activity: Q1 2023 in Review

39 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q1 2023, worth a combined $39.8M — up 3.3% from $38.5M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of ETX and 5 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 19 added.

The largest buyer was Corient Private Wealth, opening a new position worth an estimated $1.89M. The largest seller was Bank of America, cutting an estimated $4.73M.

  • 39 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q1 2023, down from 40 in Q4 2022.
  • Funds reported $39.8M of Eaton Vance Municipal Income 2028 Term Trust stock for Q1 2023, up 3.3% quarter-over-quarter.
  • 5 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q1 2023 and 6 closed out, a net change of -1 holder.
  • The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q1 2023 was Corient Private Wealth, an estimated $1.89M added.
  • The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q1 2023 was Bank of America, an estimated $4.73M sold.

Based on aggregated 13F filings for Q1 2023.