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ETX

Eaton Vance Municipal Income 2028 Term Trust

34 hedge funds and large institutions have $43.3M invested in Eaton Vance Municipal Income 2028 Term Trust in 2025 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 7

3% more capital invested

Capital invested by funds: $42M → $43.3M (+$1.23M)

0.94% more ownership

Funds ownership: 21.13%22.07% (+0.94%)

3% less funds holding

Funds holding: 3534 (-1)

25% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 4

Holders
34
Holders Change
-1
Holders Change %
-2.86%
% of All Funds
0.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
14
Reduced
7
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Rockefeller Capital Management
1
Rockefeller Capital Management
New York
$10.6M +$65.1K +3,600 +0.6%
Morgan Stanley
2
Morgan Stanley
New York
$7.26M +$44.6K +2,466 +0.6%
Raymond James Financial
3
Raymond James Financial
Florida
$3.91M +$209K +11,566 +6%
UBS Group
4
UBS Group
Switzerland
$2.5M +$71.6K +3,958 +3%
Bank of America
5
Bank of America
North Carolina
$2.42M -$36.6K -2,024 -1%
Wells Fargo
6
Wells Fargo
California
$2.31M +$425K +23,507 +22%
USCWA
7
U.S. Capital Wealth Advisors
Texas
$2.24M +$306K +16,939 +16%
Corient Private Wealth
8
Corient Private Wealth
Florida
$1.55M -$143K -7,895 -8%
SA
9
Sanctuary Advisors
Indiana
$1.15M
Stifel Financial
10
Stifel Financial
Missouri
$893K +$19.1K +1,058 +2%
VanEck Associates
11
VanEck Associates
New York
$828K +$4.34K +240 +0.5%
LPL Financial
12
LPL Financial
California
$751K +$91.9K +5,082 +14%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$720K +$22K +1,217 +3%
WKWM
14
Walter & Keenan Wealth Management
Indiana
$686K -$50.6K -2,799 -7%
MOS
15
MGO One Seven
Ohio
$684K
SPIA
16
Steward Partners Investment Advisory
New York
$649K -$9.04K -500 -1%
IWC
17
Integrated Wealth Concepts
Massachusetts
$594K +$597K +32,986 New
Truist Financial
18
Truist Financial
North Carolina
$561K -$4.25K -235 -0.7%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$520K -$20.1K -1,109 -4%
Ameriprise
20
Ameriprise
Minnesota
$504K -$34.3K -1,895 -6%
MFG
21
Merit Financial Group
Georgia
$438K +$200K +11,080 +84%
ACP
22
Aviance Capital Partners
Florida
$324K +$41.8K +2,312 +15%
Osaic Holdings
23
Osaic Holdings
Arizona
$312K +$45K +2,487 +17%
MWM
24
Melfa Wealth Management
Massachusetts
$277K
BHPW
25
Beverly Hills Private Wealth
California
$227K +$228K +12,615 New

ETX Hedge Fund Activity: Q2 2025 in Review

34 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q2 2025, worth a combined $43.3M — up 2.9% from $42M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of ETX and 3 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 14 added.

The largest buyer was Integrated Wealth Concepts, opening a new position worth an estimated $597K. The largest seller was Virtu Financial, exiting entirely with an estimated $239K sold.

  • 34 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q2 2025, down from 35 in Q1 2025.
  • Funds reported $43.3M of Eaton Vance Municipal Income 2028 Term Trust stock for Q2 2025, up 2.9% quarter-over-quarter.
  • 3 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q2 2025 and 4 closed out, a net change of -1 holder.
  • The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q2 2025 was Integrated Wealth Concepts, an estimated $597K added.
  • The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q2 2025 was Virtu Financial, an estimated $239K sold.

Based on aggregated 13F filings for Q2 2025.