Eaton Vance Municipal Income 2028 Term Trust (ETX) to Issue Monthly Dividend of $0.08 on January 30th

Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) announced a monthly dividend on Friday, January 2nd. Stockholders of record on Thursday, January 15th will be paid a dividend of 0.0782 per share by the investment management company on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date is Thursday, January 15th.

Eaton Vance Municipal Income 2028 Term Trust Stock Up 0.1%

Eaton Vance Municipal Income 2028 Term Trust stock opened at $18.66 on Tuesday. The stock’s 50 day moving average is $19.04 and its 200 day moving average is $18.84. Eaton Vance Municipal Income 2028 Term Trust has a one year low of $17.63 and a one year high of $20.00.

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.