Dividend Insights for Eaton Vance Municipal Income 2028 Term Trust: Key Details Before Ex-Dividend Date Jul 15, 2025

Generated by AI AgentAinvest Dividend Digest
Friday, Jul 11, 2025 7:03 pm ET1min read
Eaton Vance Municipal Income 2028 Term Trust (ETX) is set with an ex-dividend date of Jul 15, 2025, and a dividend payment date of Jul 31, 2025, with a dividend of $0.078 per share. This figure is higher compared to the average of the last ten dividends, which is approximately $0.071 per share. The most recent dividend before this was issued on Jun 30, 2025, at the same rate of $0.078 per share. Both dividends are classified as cash dividends.

In recent developments, Eaton Vance Municipal Income 2028 Term Trust has been making waves. Over the past week, sources reported a dip in the Trust’s stock price, settling at $18.06, reflecting a decrease of 0.17% as of Jul 12, 2025. This recent fluctuation underscores the volatile nature of the asset management industry. Analysts have suggested that this could be tied to broader market sentiments impacting municipal income trusts.

Additionally, as of late, there has been considerable attention on the Trust's financial health and market performance. Analysts indicated a keen interest in the options chain available on platforms like Futubull, highlighting significant activity in strike prices and expiration dates. This surge in options trading suggests heightened investor engagement and speculation around the Trust’s future performance.

Since the last update, Eaton Vance Municipal Income 2028 Term Trust has maintained its strategic position within the closed-end fund landscape. Recent evaluations emphasize the Trust’s competitive standing alongside similar funds, such as Eaton Vance National Municipal Opportunities Trust, with close financial figures. This alignment indicates robust competition and a dynamic market environment for municipal income-focused funds.

In conclusion, Eaton Vance Municipal Income 2028 Term Trust continues to navigate a complex market landscape, marked by fluctuating stock prices and active options trading. For potential investors, it's crucial to note that the ex-dividend date is Jul 15, 2025. This date serves as the last opportunity to purchase shares and qualify for the forthcoming dividend, as acquisitions made post this date will not be eligible for the current dividend cycle.

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