Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX – Get Free Report) declared a monthly dividend on Thursday, October 1st. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.0782 per share by the investment management company on Friday, October 30th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend is Thursday, October 15th.
Eaton Vance Municipal Income 2028 Term Trust Price Performance
ETX opened at $17.48 on Friday. Eaton Vance Municipal Income 2028 Term Trust has a 1-year low of $17.11 and a 1-year high of $20.00. The business has a 50 day moving average of $18.02 and a 200-day moving average of $18.50.
About Eaton Vance Municipal Income 2028 Term Trust
Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) is a closed-end management investment company. The trust seeks to provide current income that is exempt from regular federal income tax by investing primarily in municipal obligations issued by states, municipalities and other public entities.
The fund’s portfolio may include a range of tax-exempt securities, such as general obligation bonds, revenue bonds and other municipal debt. Its investment exposure can span issuers and projects across the United States, including public infrastructure and essential-service sectors.
ETX is a term trust designed to operate for a limited period and is scheduled to terminate in 2028, subject to the terms of its governing documents.
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