Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX – Get Free Report) announced a monthly dividend on Tuesday, September 1st. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.0782 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date is Tuesday, September 15th.
Eaton Vance Municipal Income 2028 Term Trust Stock Performance
ETX stock opened at $18.13 on Friday. Eaton Vance Municipal Income 2028 Term Trust has a twelve month low of $18.02 and a twelve month high of $20.00. The stock’s 50 day moving average is $18.32 and its 200-day moving average is $18.65.
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.
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