NYSE · Asset Management · USD

Eaton Vance Municipal Income 2028 Term Trust (ETX) Stock Analysis

Eaton Vance Municipal Income 2028 Term Trust (ETX) is a Asset Management stock listed on NYSE and quoted in US Dollar.

ETX

$18.15

$0.00 (0.00%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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ETX Key Statistics

As of Sep 4, 2026

Trading

Open: $18.14
Previous Close: $18.15
Day's Range: 18.09–18.19
52-Week Range: 18.02–20.00
Volume: 19.30K

Valuation

Market Cap: $197.76M
P/E Ratio: 23.27
EPS (ttm): 0.78

Financials (FY)

Revenue (FY): $8.80M+26.76%
Net Income (FY): $8.47M+27.59%
Profit margin: 0.00%
Shares Outstanding: 10.90M
1-Year Return: +2.43%

Dividend and dates

Dividend: $0.94+5.17%
Ex-Dividend Date: September 15, 2026
Avg Volume: 13.82K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

ETX Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+19.58%−13.52%−0.08%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	−0.08%
2025	+11.70%
2024	+6.86%
2023	+1.32%
2022	−13.52%
2021	−4.67%
2020	+11.32%
2019	+19.58%
2018	−3.74%
2017	+10.23%
2016 (partial year)	−6.90%

As of September 4, 2026.

ETX Revenue and Earnings by Fiscal Year

FY ends January

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$8.80M	$8.47M	96.2%
2024	$6.94M	$6.64M	95.6%
2023	$5.32M	$5.06M	95.1%
2022	−$8.16M	−$8.39M	102.8%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$8.80M	—	—	$8.47M	96.2%
2024	$6.94M	—	—	$6.64M	95.6%
2023	$5.32M	—	—	$5.06M	95.1%
2022	−$8.16M	—	—	−$8.39M	102.8%

Annual figures as reported, in the company's reporting currency. As of January 31, 2026.

ETX Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$0.94+0.0% vs 2024

Dividends per share, 2025 · 12 payments

Year	Dividends per share	Payments	Change
2026*	$0.62	8	—
2025	$0.94	12	+0.0%
2024	$0.94	12	+30.0%
2023	$0.72	12	−12.7%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.62	8	—
2025	$0.94	12	+0.0%
2024	$0.94	12	+30.0%
2023	$0.72	12	−12.7%
2022	$0.83	12	−3.2%
2021	$0.85	12	+0.8%
2020	$0.85	12	−0.8%
2019	$0.85	12	+0.0%
2018	$0.85	12	+0.0%
2017	$0.85	12	+200.0%
2016	$0.28	4	—

Most recent payment: $0.08 per share, ex-dividend August 14, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

ETX Valuation vs Asset Management Median

Median of 561 stocks

Metric	ETX	Asset Management median	vs median
P/E	23.27	10.34	125% above
Profit margin	0.00%	24.09%	24.1 pts below

Medians across 561 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

The market values Eaton Vance Municipal Income 2028 Term Trust (ETX) at $197.76M. It is classified in the Asset Management industry, within the Financial Services sector.

Over the past 52 weeks the price has ranged from $18.02 to $20.00. The most recent close on file for ETX is $18.15, dated September 4, 2026. The close was unchanged from the previous session. The latest close sits 0.72% above that 52-week low.

Financial Health

In fiscal 2025, Eaton Vance Municipal Income 2028 Term Trust reported revenue of $8.80M. Against the prior fiscal year total of $6.94M, that is a change of +26.76%. Net income for the same year was $8.47M. That is +27.59% against the prior fiscal year. The reported profit margin is 0%. That is 24.1 percentage points below the Asset Management median of 24.09%. Trailing earnings per share are 0.78.

Across the 4 fiscal years on file, revenue moves from −$8.16M in 2022 to $8.80M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 23.27. That is 125.05% above the Asset Management median of 10.34. 561 Asset Management companies report these metrics, and the medians quoted come from that group.

Annualized volatility over the trailing 10 years is 14.43%. Over the trailing twelve months the price has returned +2.43%. Across 10 years the annualized return works out at +2.99%.

Growth & Income

Shareholders receive a dividend, yielding 5.17% on the latest price. That is 2.9 percentage points below the Asset Management median yield of 8.11%. The indicated annual rate is $0.94 a share. The ex-dividend date on file is September 15, 2026. Dividends are recorded for 11 calendar years; 2026 shows 8 payments totalling $0.62 a share. The year before, 2025, totalled $0.94 a share.

2026 is still running; the price is −0.08% year to date. The strongest complete calendar year on file is 2019 at +19.58%; the weakest is 2022 at −13.52%. Of the 9 complete calendar years on file, 6 finished higher.

Peer Comparison

Eaton Vance Municipal Income 2028 Term Trust (ETX) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Eaton Vance Municipal Income 2028 Term Trust	ETX	$197.76M	23.3
BlackRock, Inc.	BLK	$182.35B	26.9
Blackstone Inc.	BX	$162.74B	30.5
KKR & Co. Inc.	KKR	$99.50B	34.4

The Asset Management industry average P/E ratio is 10.3x. Eaton Vance Municipal Income 2028 Term Trust trades at a P/E of 23.3.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance Municipal Income 2028 Term Trust is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invest in stocks of companies operating across the diversified sectors. It was previously known as Eaton Vance Municipal Income Term Trust. Eaton Vance Municipal Income 2028 Term Trust was formed on March 28, 2013 and is domiciled in the United States.

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