Dividend Information About Eaton Vance Municipal Income 2028 Term Trust: Everything You Need to Know Before the Ex-Dividend Date of Oct 15, 2025

Eaton Vance Municipal Income 2028 Term Trust (ETX) has announced a cash dividend of $0.0782 per share, with an ex-dividend date set for Oct 15, 2025, and a payment date of Oct 31, 2025. The announcement was made on Oct 1, 2025, marking the latest in the fund’s consistent dividend history. The most recent dividend was also $0.0782 per share, paid on Sep 30, 2025, and was also a cash dividend. Over the past ten dividend payments, the average per share has been $0.0716, indicating that the current payout is higher than the recent average. This suggests a slight upward trend in the fund’s dividend distribution, reflecting potentially stronger performance in its municipal bond portfolio. Investors who are considering purchasing shares to qualify for the upcoming payout should be aware that the Oct 15, 2025 date is the final day to do so and still receive the dividend.

Over the past week, several developments have shaped the market perception and fundamentals of ETX. Analysts have noted that the fund’s fixed-income strategy, focused on municipal bonds maturing by 2028, has remained resilient amid broader market volatility. Recent reports highlight that the fund continues to prioritize capital preservation while generating consistent income for shareholders. Additionally, as of late, there has been an uptick in interest from investors seeking lower-risk fixed-income options, which has contributed to increased trading volumes in the fund. Since the last update, the fund’s management has also reaffirmed its commitment to maintaining stable distributions, aligning with its long-term investment objectives. Meanwhile, trustee compensation for the fund has been disclosed at $545,000 from the Fund Complex, with a focus on limited direct executive pay, reinforcing a governance structure that prioritizes shareholder interests.

In conclusion, Eaton Vance Municipal Income 2028 Term Trust (ETX) remains a key player in the municipal bond market, offering investors a stable income stream backed by a disciplined investment approach. The recent dividend increase, coupled with continued investor interest and favorable governance practices, supports a positive outlook for the fund. The ex-dividend date of Oct 15, 2025, marks the final opportunity for investors to purchase shares and be eligible for the $0.0782 per share payout; any transactions made after this date will not qualify for the dividend.