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

Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) declared a monthly dividend on Monday, August 3rd. Shareholders of record on Friday, August 14th will be given a dividend of 0.0782 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date is Friday, August 14th.

Eaton Vance Municipal Income 2028 Term Trust Stock Performance

ETX opened at $18.23 on Tuesday. Eaton Vance Municipal Income 2028 Term Trust has a 52 week low of $18.02 and a 52 week high of $20.00. The business has a fifty day simple moving average of $18.70 and a 200-day simple moving average of $18.77.

About Eaton Vance Municipal Income 2028 Term Trust

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.