Eaton Vance Municipal Income 2028 Term Trust
ETX
35 hedge funds and large institutions have $42M invested in Eaton Vance Municipal Income 2028 Term Trust in 2025 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 7 closing their positions.
1% more capital invested
Capital invested by funds: $41.8M → $42M (+$218K)
0.66% less ownership
Funds ownership: 21.79% → 21.13% (-0.66%)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
10% less funds holding
Funds holding: 39 → 35 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$694K |
| 2 |
Morgan Stanley
New York
|
+$667K |
| 3 |
VF
Virtu Financial
New York
|
+$237K |
| 4 |
WKWM
Walter & Keenan Wealth Management
Souh Bend,
Indiana
|
+$91.5K |
| 5 |
LPL Financial
San Diego,
California
|
+$57.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$885K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$332K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$317K |
| 4 |
Millennium Management
New York
|
-$279K |
| 5 |
Jane Street
New York
|
-$272K |
ETX Hedge Fund Activity: Q1 2025 in Review
35 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q1 2025, worth a combined $42M — up 0.52% from $41.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ETX and 3 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 11 added.
The largest buyer was Bank of America, adding an estimated $694K. The largest seller was Wolverine Asset Management, cutting an estimated $885K.
- 35 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q1 2025, down from 39 in Q4 2024.
- Funds reported $42M of Eaton Vance Municipal Income 2028 Term Trust stock for Q1 2025, up 0.52% quarter-over-quarter.
- 3 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q1 2025 and 7 closed out, a net change of -4 holders.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q1 2025 was Bank of America, an estimated $694K added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q1 2025 was Wolverine Asset Management, an estimated $885K sold.
Based on aggregated 13F filings for Q1 2025.