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Trending ETFs

Eaton Vance Municipal Income 2028 Term Trust

mutual fund
XETTX
Payout Change
Suspended
Price as of:
$18.81 -0.01 -0.05%
primary theme
High Yield Municipal Bond
share class
Other (XETTX)
XETTX (Mutual Fund)

Eaton Vance Municipal Income 2028 Term Trust

Payout Change
Suspended
Price as of:
$18.81 -0.01 -0.05%
primary theme
High Yield Municipal Bond
share class
Other (XETTX)
XETTX (Mutual Fund)

Eaton Vance Municipal Income 2028 Term Trust

Payout Change
Suspended
Price as of:
$18.81 -0.01 -0.05%
primary theme
High Yield Municipal Bond
share class
Other (XETTX)

Name

As of 12/11/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Eaton Vance Municipal Income 2028 Term Trust

XETTX | Fund

$18.81

$214 M

0.00%

1.36%

Vitals

YTD Return

-0.9%

1 yr return

-0.2%

3 Yr Avg Return

-4.2%

5 Yr Avg Return

-2.6%

Net Assets

$214 M

Holdings in Top 10

21.4%

52 WEEK LOW AND HIGH

$18.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.36%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 2.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 12/11/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Eaton Vance Municipal Income 2028 Term Trust

XETTX | Fund

$18.81

$214 M

0.00%

1.36%

XETTX - Profile

Distributions

  • YTD Total Return -0.9%
  • 3 Yr Annualized Total Return -4.2%
  • 5 Yr Annualized Total Return -2.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.02%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Eaton Vance Municipal Income 2028 Term Trust
  • Fund Family Name
    Eaton Vance
  • Inception Date
    Mar 28, 2013
  • Shares Outstanding
    10869748
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Craig Brandon

Fund Description

XETTX - Performance

Return Ranking - Trailing

Period XETTX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -0.8% 14.7% 100.00%
1 Yr -0.2% -0.1% 17.8% 100.00%
3 Yr -4.2%* -8.1% 3.4% 93.37%
5 Yr -2.6%* -4.8% 3.9% 92.31%
10 Yr 1.3%* -0.5% 155.7% 90.55%

* Annualized

Return Ranking - Calendar

Period XETTX Return Category Return Low Category Return High Rank in Category (%)
2023 0.4% -6.2% 7.5% 85.64%
2022 -11.5% -26.9% -3.5% 8.54%
2021 -1.7% -1.9% 5.6% 98.98%
2020 1.3% -4.0% 4.2% 26.02%
2019 5.9% -0.7% 9.1% 31.05%

Total Return Ranking - Trailing

Period XETTX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -0.8% 14.7% 100.00%
1 Yr -0.2% -0.1% 17.8% 100.00%
3 Yr -4.2%* -8.1% 3.4% 93.37%
5 Yr -2.6%* -4.8% 3.9% 92.31%
10 Yr 1.3%* -0.5% 155.7% 90.55%

* Annualized

Total Return Ranking - Calendar

Period XETTX Return Category Return Low Category Return High Rank in Category (%)
2023 0.4% -4.1% 10.9% 99.50%
2022 -11.5% -26.9% 4.3% 20.10%
2021 -1.7% -1.9% 10.0% 99.49%
2020 1.3% -2.6% 8.2% 83.16%
2019 8.1% -0.7% 1028633.9% 63.68%

NAV & Total Return History

XETTX - Holdings

Concentration Analysis

XETTX Category Low Category High XETTX % Rank
Net Assets 214 M 3.1 M 15.6 B 80.50%
Number of Holdings 137 20 3325 88.44%
Net Assets in Top 10 44.6 M -102 M 1.96 B 78.39%
Weighting of Top 10 21.38% 4.6% 98.9% 18.09%

Top 10 Holdings

  1. NEW JERSEY ST TRANSN TR FD AUTH 0% 3.43%
  2. MICHIGAN FIN AUTH REV 5% 2.50%
  3. TENDER OPT BD TR RCPTS / CTFS VAR STS 6.732% 2.49%
  4. PUERTO RICO ELEC PWR AUTH PWR REV 5.25% 2.45%
  5. TENDER OPT BD TR RCPTS / CTFS VAR STS 5.67% 2.26%
  6. NEW YORK TRANSN DEV CORP SPL FAC REV 5% 1.99%
  7. PHILADELPHIA PA ARPT REV 5% 1.91%
  8. ALAMEDA CORRIDOR TRANSN AUTH CALIF REV 0% 1.88%
  9. PORTLAND ORE CMNTY COLLEGE DIST 7.44493% 1.70%
  10. TENDER OPT BD TR RCPTS / CTFS VAR STS 16.18% 1.67%

Asset Allocation

Weighting Return Low Return High XETTX % Rank
Bonds 		100.29% 0.00% 146.69% 31.19%
Stocks 		0.00% 0.00% 99.72% 43.07%
Preferred Stocks 		0.00% -47.61% 0.00% 23.12%
Other 		0.00% -5.67% 5.07% 33.67%
Convertible Bonds 		0.00% 0.00% 0.00% 17.59%
Cash 		-0.28% -0.64% 10.86% 99.50%

Bond Sector Breakdown

Weighting Return Low Return High XETTX % Rank
Municipal 		99.07% 50.68% 100.00% 40.20%
Corporate 		0.93% 0.00% 2.83% 15.08%
Derivative 		0.00% -7.70% 2.16% 28.64%
Cash & Equivalents 		0.00% 0.00% 10.86% 51.76%
Securitized 		0.00% 0.00% 22.44% 23.12%
Government 		0.00% 0.00% 0.09% 22.11%

Bond Geographic Breakdown

Weighting Return Low Return High XETTX % Rank
US 		97.59% 0.00% 139.84% 67.34%
Non US 		2.70% 0.00% 13.35% 5.03%

XETTX - Expenses

Operational Fees

XETTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.36% 0.22% 3.44% 32.18%
Management Fee 0.60% 0.00% 1.41% 83.17%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.35% N/A

Sales Fees

XETTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.50% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

XETTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XETTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 2.00% 2.00% 121.00% 0.53%

XETTX - Distributions

Dividend Yield Analysis

XETTX Category Low Category High XETTX % Rank
Dividend Yield 0.00% 0.00% 5.94% 92.08%

Dividend Distribution Analysis

XETTX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

XETTX Category Low Category High XETTX % Rank
Net Income Ratio 4.02% 1.11% 5.44% 9.90%

Capital Gain Distribution Analysis

XETTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

XETTX - Fund Manager Analysis

Managers

Craig Brandon

Start Date

Tenure

Tenure Rank

Jul 31, 2015

6.84

6.8%

Craig Brandon is a vice president and portfolio manager for Calvert Research and Management, a wholly owned subsidiary of Eaton Vance Management specializing in responsible and sustainable investing across global capital markets. He joined Calvert Research and Management in 2016. Craig began his career in the investment management industry in 1995. He has been affiliated with the Eaton Vance organization since 1998. He has experience with Eaton Vance across a variety of research roles. Before joining the Eaton Vance organization, he was a senior budget and capital finance analyst with the New York State Assembly Ways and Means Committee. Craig earned a B.S. from Canisius College and an MBA from the University of Pittsburgh. He is a member of the CFA Society of Boston, the Boston Municipal Analysts Forum and the National Federation of Municipal Analysts. He is a CFA charterholder.

Julie Callahan

Start Date

Tenure

Tenure Rank

Oct 01, 2021

0.66

0.7%

Ms. Callahan is a senior vice president and municipal bond portfolio manager in the New York office. Prior to joining PIMCO in 2011, she was a portfolio manager for municipal separately managed accounts at Western Asset (WAMCO). She previously managed the firm's municipal money market funds. Before that, Ms. Callahan was director and portfolio manager for municipal money market funds with Citigroup Asset Management. She has 22 years of investment experience and holds a bachelor's degree from Fairfield University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 21.43 7.58 2.52

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