Eaton Vance Municipal Income 2028 Term Trust (ETX) to Issue Monthly Dividend of $0.08 on February 27th

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

Eaton Vance Municipal Income 2028 Term Trust Stock Performance

ETX opened at $18.82 on Friday. Eaton Vance Municipal Income 2028 Term Trust has a 1-year low of $17.63 and a 1-year high of $20.00. The firm has a 50-day moving average price of $18.84 and a two-hundred day moving average price of $18.96.

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.