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ETX

Eaton Vance Municipal Income 2028 Term Trust

45 hedge funds and large institutions have $40.6M invested in Eaton Vance Municipal Income 2028 Term Trust in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 3

7% more funds holding

Funds holding: 4245 (+3)

1.4% more ownership

Funds ownership: 20.51%21.9% (+1.4%)

3% more capital invested

Capital invested by funds: $39.3M → $40.6M (+$1.3M)

6% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 16

Holders
45
Holders Change
+3
Holders Change %
+7.14%
% of All Funds
0.71%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
15
Reduced
16
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$6.39M -$290K -16,775 -4%
Rockefeller Capital Management
2
Rockefeller Capital Management
New York
$4.08M +$2.65M +153,173 +175%
UBS Group
3
UBS Group
Switzerland
$3.35M +$88.6K +5,133 +3%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$2.47M +$794 +46 +0%
Wells Fargo
5
Wells Fargo
California
$2.11M +$4.13K +239 +0.2%
USCWA
6
U.S. Capital Wealth Advisors
Texas
$1.87M +$173K +10,000 +10%
1CP
7
1607 Capital Partners
Virginia
$1.78M +$1.32M +76,615 +269%
WKWM
8
Walter & Keenan Wealth Management
Indiana
$1.75M -$316K -18,303 -15%
Corient Private Wealth
9
Corient Private Wealth
Florida
$1.71M -$18K -1,045 -1%
Bank of America
10
Bank of America
North Carolina
$1.54M -$56.5K -3,271 -3%
VanEck Associates
11
VanEck Associates
New York
$1.14M +$307K +17,753 +36%
SWP
12
Stratos Wealth Partners
Ohio
$1.09M +$116K +6,724 +12%
SPIA
13
Steward Partners Investment Advisory
New York
$965K -$57.1K -3,309 -5%
GC
14
Guggenheim Capital
Illinois
$841K -$5.49K -318 -0.6%
Cohen & Steers
15
Cohen & Steers
New York
$763K -$345K -20,000 -31%
WAM
16
Wolverine Asset Management
Illinois
$690K +$564K +32,632 +406%
XF
17
XML Financial
Maryland
$677K -$1.28M -73,913 -65%
HWAM
18
Hennion & Walsh Asset Management
New Jersey
$597K -$7.91K -458 -1%
LPL Financial
19
LPL Financial
California
$588K -$67.2K -3,890 -10%
RJA
20
Raymond James & Associates
Florida
$553K +$279K +16,183 +99%
Millennium Management
21
Millennium Management
New York
$517K +$72.5K +4,197 +16%
Invesco
22
Invesco
Georgia
$512K -$3.11K -180 -0.6%
Truist Financial
23
Truist Financial
North Carolina
$493K +$1.42K +82 +0.3%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$386K -$30.4K -1,759 -7%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$363K +$30.6K +1,773 +9%

ETX Hedge Fund Activity: Q3 2023 in Review

45 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q3 2023, worth a combined $40.6M — up 3.3% from $39.3M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new ETX positions and 3 closed out — a net gain of 3 holders — while 15 added to existing stakes and 16 trimmed.

The largest buyer was Rockefeller Capital Management, adding an estimated $2.65M. The largest seller was XML Financial, cutting an estimated $1.28M.

  • 45 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q3 2023, up from 42 in Q2 2023.
  • Funds reported $40.6M of Eaton Vance Municipal Income 2028 Term Trust stock for Q3 2023, up 3.3% quarter-over-quarter.
  • 6 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q3 2023 and 3 closed out, a net change of +3 holders.
  • The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q3 2023 was Rockefeller Capital Management, an estimated $2.65M added.
  • The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q3 2023 was XML Financial, an estimated $1.28M sold.

Based on aggregated 13F filings for Q3 2023.