Dividend Information About Eaton Vance Municipal Income 2028 Term Trust: Everything You Need to Know Before Its Ex-Dividend Date on Sep 15, 2025

Eaton Vance Municipal Income 2028 Term Trust (ETX) has announced a cash dividend of $0.07820000 per share, with a record date set for Sep 15, 2025, and a payment date of Sep 30, 2025. The dividend announcement was officially released on Sep 2, 2025, offering investors clarity ahead of the upcoming ex-dividend date. This upcoming payout is slightly higher than the average of the last 10 dividend amounts, which stood at $0.07155595 per share. Investors who wish to receive this dividend must purchase shares before the ex-dividend date of Sep 15, 2025. The company’s last dividend, also a cash distribution, was issued on Aug 29, 2025, with the same amount of $0.07820000 per share, indicating consistency in its recent distribution pattern.

Over the past week, several key developments have emerged regarding the company and its related investment vehicles. ETX, which focuses on municipal income, has drawn attention due to its recent dividend announcement, reinforcing its appeal to income-oriented investors. Additionally, related funds such as Eaton Vance Limited Duration Income Fund (EVV) and Eaton Vance Short Duration Diversified Income Fund (EVG) have continued to emphasize investments in senior, secured floating-rate loans, showcasing a broader strategy within the Eaton Vance portfolio that aligns with stable income generation. Analysts have noted that the continued focus on fixed income and diversified asset classes reflects a strategic approach to mitigate market volatility and maintain steady returns.

Raymond James Financial Inc. has recently increased its stake in ETX, acquiring 2,078 shares, indicating growing institutional interest in the fund. This move, combined with the recent dividend announcement, suggests confidence in the fund’s ability to deliver consistent returns amid shifting market conditions. Furthermore, industry observers have noted a trend toward municipal bond investments, particularly in funds with defined maturity dates like ETX, as investors seek to balance yield potential with credit quality. As of late, these strategies have gained traction among investors seeking alternatives to traditional fixed income markets, especially in a low-yield environment.

In conclusion, Eaton Vance Municipal Income 2028 Term Trust (ETX) continues to demonstrate its value as a stable income provider with its consistent dividend payouts and strategic investment approach. The upcoming ex-dividend date on Sep 15, 2025, is the final day for investors to purchase shares and qualify for the $0.07820000 per share dividend. Any purchase after this date will not be eligible for the distribution.