Eaton Vance Municipal Income 2028 Term Trust
ETX
41 hedge funds and large institutions have $46.6M invested in Eaton Vance Municipal Income 2028 Term Trust in 2025 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
21% more funds holding
Funds holding: 34 → 41 (+7)
0.71% more ownership
Funds ownership: 22.2% → 22.91% (+0.71%)
0% less capital invested
Capital invested by funds: $46.6M → $46.6M (-$8.67K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.21M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$367K |
| 3 |
Morgan Stanley
New York
|
+$312K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$251K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USCWA
U.S. Capital Wealth Advisors
Austin,
Texas
|
-$1.47M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$523K |
| 3 |
Rockefeller Capital Management
New York
|
-$373K |
| 4 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$267K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$95.9K |
ETX Hedge Fund Activity: Q4 2025 in Review
41 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q4 2025, worth a combined $46.6M — down 0.02% from $46.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ETX positions and 1 closed out — a net gain of 7 holders — while 15 added to existing stakes and 10 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.21M. The largest seller was U.S. Capital Wealth Advisors, cutting an estimated $1.47M.
- 41 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q4 2025, up from 34 in Q3 2025.
- Funds reported $46.6M of Eaton Vance Municipal Income 2028 Term Trust stock for Q4 2025, down 0.02% quarter-over-quarter.
- 8 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q4 2025 and 1 closed out, a net change of +7 holders.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q4 2025 was LPL Financial, an estimated $1.21M added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q4 2025 was U.S. Capital Wealth Advisors, an estimated $1.47M sold.
Based on aggregated 13F filings for Q4 2025.