Eaton Vance Municipal Income 2028 Term Trust (ETX) To Go Ex-Dividend on September 21st

Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) declared a monthly dividend on Friday, September 1st, Wall Street Journal reports. Shareholders of record on Friday, September 22nd will be given a dividend of 0.0583 per share by the investment management company on Friday, September 29th. This represents a $0.70 dividend on an annualized basis and a yield of 4.11%. The ex-dividend date of this dividend is Thursday, September 21st. This is a boost from Eaton Vance Municipal Income 2028 Term Trust’s previous monthly dividend of $0.06.

Eaton Vance Municipal Income 2028 Term Trust Trading Up 0.1 %

Shares of Eaton Vance Municipal Income 2028 Term Trust stock opened at $17.03 on Tuesday. Eaton Vance Municipal Income 2028 Term Trust has a 12-month low of $16.80 and a 12-month high of $19.99. The business’s 50 day moving average is $17.30 and its 200-day moving average is $17.70.

Institutional Trading of Eaton Vance Municipal Income 2028 Term Trust

A number of large investors have recently added to or reduced their stakes in ETX. Royal Bank of Canada raised its holdings in shares of Eaton Vance Municipal Income 2028 Term Trust by 39.6% in the 2nd quarter. Royal Bank of Canada now owns 19,649 shares of the investment management company’s stock valued at $345,000 after purchasing an additional 5,577 shares during the period. Steward Partners Investment Advisory LLC lifted its position in shares of Eaton Vance Municipal Income 2028 Term Trust by 106.5% in the first quarter. Steward Partners Investment Advisory LLC now owns 89,908 shares of the investment management company’s stock valued at $1,599,000 after buying an additional 46,371 shares during the last quarter. Arlington Capital Management Inc. acquired a new stake in shares of Eaton Vance Municipal Income 2028 Term Trust in the first quarter valued at approximately $203,000. UBS Group AG boosted its position in Eaton Vance Municipal Income 2028 Term Trust by 78.0% during the first quarter. UBS Group AG now owns 153,560 shares of the investment management company’s stock worth $2,732,000 after purchasing an additional 67,292 shares during the period. Finally, JPMorgan Chase & Co. bought a new stake in shares of Eaton Vance Municipal Income 2028 Term Trust during the 4th quarter worth about $76,000.

About Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance Municipal Income 2028 Term Trust is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invest in stocks of companies operating across the diversified sectors. It was previously known as Eaton Vance Municipal Income Term Trust.