Closed-end management investment company investing in municipal bonds with a term ending in 2028.
Eaton Vance Municipal Income 2028 Term Trust operates as a closed-ended fixed income mutual fund managed by Eaton Vance Management. Specializing in the fixed income markets, the trust was initially launched under the name Eaton Vance Municipal Income Term Trust and subsequently rebranded as Eaton Vance Municipal Income 2028 Term Trust. It was established on March 28, 2013, and is headquartered in the United States.
The fund's investment strategy focuses on stocks of companies operating across diversified sectors within the fixed income markets. Leveraging Eaton Vance Management's expertise, the trust seeks to optimize returns by strategically allocating resources across various segments of the fixed income landscape. This approach is designed to balance risk and reward while aiming to achieve stable income generation for its investors.
Eaton Vance Municipal Income 2028 Term Trust caters to investors seeking exposure to the fixed income markets through a closed-ended structure. By investing in a portfolio that spans multiple sectors, the trust aims to capitalize on opportunities within the municipal income sector, providing potential benefits of income generation and diversification within a defined investment horizon.