Eaton Vance Municipal Income 2028 Term Trust (ETX) To Go Ex-Dividend on March 16th

Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) declared a monthly dividend on Monday, March 2nd. Investors of record on Monday, March 16th will be given a dividend of 0.0782 per share by the investment management company on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date is Monday, March 16th.

Eaton Vance Municipal Income 2028 Term Trust Price Performance

ETX stock traded down $0.07 during trading on Friday, hitting $18.84. The company had a trading volume of 18,648 shares, compared to its average volume of 14,150. The company has a fifty day moving average price of $18.83 and a two-hundred day moving average price of $19.02. 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.