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Eaton Vance Municipal Income 2028 Term Trust(NYSE) ETX

Market Cap$196.73MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2013)+64%
5 Year+2%
1 Year-1%
1 Month-1%
$18.07
-0.44%
-0.08Today
Eaton Vance Municipal Income 2028 Term Trust last closing stock price
MetricPriceDate
Last closeUSD 18.072026-09-08
Eaton Vance Municipal Income 2028 Term Trust stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.44%USD 18.152026-09-01
1 month-0.71%USD 18.202026-08-07
3 month-3.79%USD 18.782026-06-10
Year to date-0.09%USD 18.092025-12-31
1 year-1.2%USD 18.292025-09-08
3 year+24.08%USD 14.562023-09-08
5 year+1.5%USD 17.802021-09-09
Since inception+64.3%USD 11.002013-03-26

Eaton Vance Municipal Income 2028 Term Trust Financials at a Glance

Market Cap

$196.73MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$18.58M

Net Income (TTM)

$15.10M

EPS (TTM)

$0.78

P/E Ratio

23.25

Dividend

$0.94

Beta (Volatility)

0.13 (Low)

Price

$18.07

Volume

6,610

Open

$18.15

Previous Close

$18.07

Daily Range

$18.07 - $18.19

52-Week Range

$18.02 - $20.00

Estimated Earnings Date

Nov 7, 2024

ETX News

No articles available.

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About Eaton Vance Municipal Income 2028 Term Trust

The Eaton Vance Municipal Income 2028 Term Trust is a closed-end mutual fund managed by Eaton Vance Management. This fund focuses on generating municipal income through investments in fixed-income instruments, primarily targeting tax-exempt municipal securities.

Products and Services
  • Investment in municipal bonds for tax-exempt income
  • Active management by experienced financial professionals
  • Closed-end fund structure providing liquidity and market pricing
Growth Outlook
  • Consistent revenue growth with Q4 2025 revenue of $4.51 million
  • Strong net income of $5.17 million reported in the latest quarter
  • Robust operating income margin of 1.17 in Q4 2025
Financial Highlights
  • Trailing twelve-month dividend yield of 5.17%
  • Recent quarterly net income increased by 56% year-over-year
  • Low debt ratio of 3.18%, indicating strong financial stability
The Eaton Vance Municipal Income 2028 Term Trust offers a compelling investment opportunity for those seeking tax-exempt income through municipal bonds. The fund's active management approach aims to optimize returns while maintaining a focus on risk management. Recent financial performance highlights a significant increase in net income and a strong operating income margin, reflecting effective management strategies. The low debt ratio further underscores the trust's financial health, making it an attractive option for investors looking for stability and income generation in the fixed-income market.
AI Generated • Sep 5, 2026

Industry

Capital Markets

Sector

Financials

Headquarters

Boston, MA 02109, US

ETX Financials

Key Financial Metrics (TTM)

Gross Margin

83.47%

Operating Margin

97.66%

Net Income Margin

95.26%

Return on Equity

4.21%

Return on Capital

4.07%

Return on Assets

4.04%

Earnings Yield

4.30%

Dividend Yield

5.19%

Payout Ratio

0.00%

Stock Overview

Market Cap

$196.73MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

10.89M

Volume

6.61K

Avg. Volume

13.99K

Financials (TTM)

Gross Profit

$15.60M

Operating Income

$16.01M

EBITDA

$15.80M

Operating Cash Flow

$14.98M

Capital Expenditure

-$5.00

Free Cash Flow

$14.98M

Cash & ST Invst.

$1.47M

Total Debt

$6.67M

Eaton Vance Municipal Income 2028 Term Trust Performance Analysis

Eaton Vance Municipal Income 2028 Term Trust annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20232023-01-31USD 11,004,314-17.7%
20242024-01-31USD 10,736,472-2.4%
20252025-01-31USD 9,695,359-9.7%
20262026-01-31USD 8,887,085-8.3%
Eaton Vance Municipal Income 2028 Term Trust sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22024-07-314.7%
Q42025-01-31-4.3%
Q22025-07-31-7.7%
Q42026-01-313.1%
Eaton Vance Municipal Income 2028 Term Trust annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20232023-01-31USD -0.77160.8%
20242024-01-31USD 0.47N/A
20252025-01-31USD 0.6131.0%
20262026-01-31USD 0.7827.5%
Eaton Vance Municipal Income 2028 Term Trust sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22024-07-31-30.4%
Q42025-01-31-9.4%
Q22025-07-313.4%
Q42026-01-3160.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q4 2025YOY CHG

Revenue

$4.51M

-4.7%

Gross Profit

$3.75M

-4.1%

Gross Margin

83.17%

N/A

Market Cap

$196.73MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

N/A

N/A

Net Income

$5.17M

+4.2%

EBITDA

$5.06M

-12.1%

Quarterly Fundamentals

Name
Q4 2025YOY CHG

Total Cash

$1.47M

-69.2%

Total Debt

$6.67M

-77.8%

Accounts Receivable

$1.84M

-1.8%

Inventory

$0.00

N/A

Long Term Debt

$6.67M

-77.8%

Short Term Debt

$0.00

N/A

Return on Assets

4.04%

N/A

Return on Invested Capital

4.17%

N/A

Free Cash Flow

$3.10M

-37.4%

Operating Cash Flow

$3.10M

-37.4%

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Questions About ETX

What is the current price of Eaton Vance Municipal Income 2028 Term Trust?

Eaton Vance Municipal Income 2028 Term Trust is trading at $18.07 per share.

What is the 52-week range for Eaton Vance Municipal Income 2028 Term Trust?

Over the past 52 weeks, Eaton Vance Municipal Income 2028 Term Trust has traded between $18.02 and $20.00.

How much debt does Eaton Vance Municipal Income 2028 Term Trust have?

As of the most recent reporting period, Eaton Vance Municipal Income 2028 Term Trust reported total debt of $6.67M.

How much cash does Eaton Vance Municipal Income 2028 Term Trust have on hand?

Eaton Vance Municipal Income 2028 Term Trust reported $0.00 in cash and cash equivalents in its most recent financial results.

What is Eaton Vance Municipal Income 2028 Term Trust’s dividend yield?

Eaton Vance Municipal Income 2028 Term Trust currently has a dividend yield of 5.19%.

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