Eaton Vance Municipal Income 2028 Term Trust (ETX)

• Market cap: $192M
• 1 day: -1.18%
• 5 days: -1.73%
• 1 month: -3.08%
• 3 months: -6.17%
• 6 months: -5.42%
• Year to date: 0.97%
• 1 year: 1.03%
• 5 years: -19.82%
• 10 years: 1.44%

About: Eaton Vance Municipal Income 2028 Term Trust is a closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax. The fund invests in various sectors such as a bond bank, education, housing, electric utilities, transportation, and others.

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

50% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 10

5.62% less ownership

Funds ownership: 27.39% [Q2] → 21.77% (-5.62%) [Q3]

17% less funds holding

Funds holding: 41 [Q2] → 34 (-7) [Q3]

20% less capital invested

Capital invested by funds: $55.7M [Q2] → $44.7M (-$11M) [Q3]

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 7