Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) Declares $0.08 Monthly Dividend

Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) declared a monthly dividend on Monday, February 2nd. Stockholders of record on Tuesday, February 17th will be paid a dividend of 0.0782 per share by the investment management company on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend is Tuesday, February 17th.

Eaton Vance Municipal Income 2028 Term Trust Trading Down 0.2%

NYSE ETX traded down $0.05 on Tuesday, hitting $18.82. 10,305 shares of the stock were exchanged, compared to its average volume of 15,387. The company has a 50-day moving average price of $18.92 and a 200-day moving average price of $18.92. Eaton Vance Municipal Income 2028 Term Trust has a fifty-two week low of $17.63 and a fifty-two week high of $20.00.

Eaton Vance Municipal Income 2028 Term Trust Company Profile

Eaton Vance Municipal Income 2028 Term Trust (NYSE: ETX) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income tax. The trust primarily invests in investment-grade municipal securities that mature on or before the trust’s termination date in 2028, focusing on debt issued by state and local governments, authorities, and agencies across the United States.

The portfolio is diversified across sectors such as transportation, education, healthcare, utilities, and general purpose obligations, with the goal of managing credit risk and preserving capital.