Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) Stock to Pay Monthly Dividend of $0.08

Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) announced a monthly dividend on Monday, November 2nd. Investors of record on Monday, November 16th will be paid a dividend of $0.0782 per share by the investment management company on Monday, November 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 Monday, November 16th.

Eaton Vance Municipal Income 2028 Term Trust Stock Performance

ETX opened at $17.51 on Tuesday. The business has a fifty day moving average of $17.66 and a 200 day moving average of $18.46. Eaton Vance Municipal Income 2028 Term Trust has a 52-week low of $17.06 and a 52-week high of $19.70.

About Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance Municipal Income 2028 Term Trust (NYSE: ETX) is a closed-end investment fund managed by Eaton Vance Management, part of Morgan Stanley Investment Management. The fund seeks to provide current income that is exempt from regular U.S. federal income tax.

ETX invests primarily in municipal obligations issued by states, cities, counties, and other governmental entities and public authorities in the United States. Its portfolio may include bonds and other fixed-income securities used to finance public infrastructure and services, such as schools, transportation systems, utilities, and health care facilities.

As a term trust, ETX was established with a scheduled termination date in 2028, subject to the fund’s governing documents and any permitted extensions or other actions.