Eaton Vance Municipal Income 2028 Term Trust
ETX
39 hedge funds and large institutions have $40.2M 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.
171% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 7
4% more capital invested
Capital invested by funds: $38.5M → $40.2M (+$1.73M)
0.93% more ownership
Funds ownership: 19.83% → 20.77% (+0.93%)
3% less funds holding
Funds holding: 40 → 39 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Corient Private Wealth
Miami,
Florida
|
+$1.89M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.21M |
| 3 |
Morgan Stanley
New York
|
+$1.08M |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$836K |
| 5 |
Cohen & Steers
New York
|
+$802K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$4.73M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$275K |
| 3 |
PSCM
Per Stirling Capital Management
Austin,
Texas
|
-$240K |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
-$203K |
| 5 |
AWA
Amplius Wealth Advisors
Blue Bell,
Pennsylvania
|
-$187K |
ETX Hedge Fund Activity: Q1 2023 in Review
39 of the 6,283 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 $40.2M — up 4.5% 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 $40.2M of Eaton Vance Municipal Income 2028 Term Trust stock for Q1 2023, up 4.5% 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.