Eaton Vance Municipal Income 2028 Term Trust (ETX)
18.18
+0.15
(+0.83%)
USD |
NYSE |
Apr 24, 15:15
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 2.14% | -3.69% | 203.77M | 34299.00 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 3.66% | 26.00% | -6.057M | Upgrade |
Basic Info
| Investment Strategy | |
| The Trust’s investment objective is to provide current income exempt from regular federal income tax. The Trust has a term of fifteen years and currently intends to cease its investment operations on or about June 30, 2028 and thereafter liquidate and distribute its NAV to holders of the Trust’s common shares. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Category Name | High Yield Muni |
| Category Index | Bloomberg 65% High Grade/35% HY TR USD |
| Global Category Name | US Municipal Fixed Income |
| YCharts Categorization | US Municipal Bond |
| YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
| Prospectus Objective | Municipal Bond - National |
| Fund Owner Firm Name | Eaton Vance |
| Prospectus Benchmark Index | |
| Bloomberg 5 Year Muni Bond Index TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
| Manager Tenure | |
| Craig Brandon | 8.68 yrs |
| Julie Callahan | 2.50 yrs |
Performance Versus Category
As of April 23, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 23, 2024.
Basic Info
| Investment Strategy | |
| The Trust’s investment objective is to provide current income exempt from regular federal income tax. The Trust has a term of fifteen years and currently intends to cease its investment operations on or about June 30, 2028 and thereafter liquidate and distribute its NAV to holders of the Trust’s common shares. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Category Name | High Yield Muni |
| Category Index | Bloomberg 65% High Grade/35% HY TR USD |
| Global Category Name | US Municipal Fixed Income |
| YCharts Categorization | US Municipal Bond |
| YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
| Prospectus Objective | Municipal Bond - National |
| Fund Owner Firm Name | Eaton Vance |
| Prospectus Benchmark Index | |
| Bloomberg 5 Year Muni Bond Index TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
| Manager Tenure | |
| Craig Brandon | 8.68 yrs |
| Julie Callahan | 2.50 yrs |