Eaton Vance Municipal Income 2028 Term Trust
Name
As of 04/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.6%
1 yr return
-1.6%
3 Yr Avg Return
-5.0%
5 Yr Avg Return
-2.1%
Net Assets
$214 M
Holdings in Top 10
21.4%
52 WEEK LOW AND HIGH
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 04/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XETTX - Profile
Distributions
- YTD Total Return -1.6%
- 3 Yr Annualized Total Return -5.0%
- 5 Yr Annualized Total Return -2.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 4.02%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameEaton Vance Municipal Income 2028 Term Trust
-
Fund Family NameEaton Vance
-
Inception DateMar 28, 2013
-
Shares Outstanding10869748
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerCraig Brandon
Fund Description
XETTX - Performance
Return Ranking - Trailing
Period | XETTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.6% | -4.6% | 3.5% | 89.32% |
1 Yr | -1.6% | -4.1% | 8.6% | 98.06% |
3 Yr | -5.0%* | -10.0% | 1.5% | 92.54% |
5 Yr | -2.1%* | -5.1% | 524.1% | 92.19% |
10 Yr | 2.4%* | -0.1% | 155.3% | 69.29% |
* Annualized
Return Ranking - Calendar
Period | XETTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.4% | -1.5% | 7.5% | 84.95% |
2022 | -11.5% | -26.9% | -3.5% | 7.88% |
2021 | -1.7% | -1.9% | 5.6% | 99.00% |
2020 | 1.3% | -10.1% | 4.2% | 25.76% |
2019 | 5.9% | 2.0% | 9.1% | 30.21% |
Total Return Ranking - Trailing
Period | XETTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.6% | -4.6% | 3.5% | 89.32% |
1 Yr | -1.6% | -4.1% | 8.6% | 98.06% |
3 Yr | -5.0%* | -10.0% | 1.5% | 92.54% |
5 Yr | -2.1%* | -5.1% | 524.1% | 92.19% |
10 Yr | 2.4%* | -0.1% | 155.3% | 69.29% |
* Annualized
Total Return Ranking - Calendar
Period | XETTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.4% | 0.4% | 10.9% | 100.00% |
2022 | -11.5% | -26.9% | -2.9% | 19.21% |
2021 | -1.7% | -1.9% | 10.0% | 99.50% |
2020 | 1.3% | -4.1% | 8.2% | 83.84% |
2019 | 8.1% | 3.5% | 1028633.9% | 64.06% |
NAV & Total Return History
XETTX - Holdings
Concentration Analysis
XETTX | Category Low | Category High | XETTX % Rank | |
---|---|---|---|---|
Net Assets | 214 M | 9.79 K | 16.1 B | 79.71% |
Number of Holdings | 137 | 1 | 3076 | 90.29% |
Net Assets in Top 10 | 44.6 M | -102 M | 3.44 B | 77.67% |
Weighting of Top 10 | 21.38% | 4.7% | 100.7% | 21.46% |
Top 10 Holdings
- NEW JERSEY ST TRANSN TR FD AUTH 0% 3.43%
- MICHIGAN FIN AUTH REV 5% 2.50%
- TENDER OPT BD TR RCPTS / CTFS VAR STS 6.732% 2.49%
- PUERTO RICO ELEC PWR AUTH PWR REV 5.25% 2.45%
- TENDER OPT BD TR RCPTS / CTFS VAR STS 5.67% 2.26%
- NEW YORK TRANSN DEV CORP SPL FAC REV 5% 1.99%
- PHILADELPHIA PA ARPT REV 5% 1.91%
- ALAMEDA CORRIDOR TRANSN AUTH CALIF REV 0% 1.88%
- PORTLAND ORE CMNTY COLLEGE DIST 7.44493% 1.70%
- 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% | 15.31% |
Stocks | 0.00% | 0.00% | 99.38% | 47.37% |
Preferred Stocks | 0.00% | -47.61% | 1.64% | 33.01% |
Other | 0.00% | -12.04% | 9.96% | 35.44% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 32.52% |
Cash | -0.28% | -0.64% | 100.00% | 99.51% |
Bond Sector Breakdown
Weighting | Return Low | Return High | XETTX % Rank | |
---|---|---|---|---|
Municipal | 99.07% | 0.00% | 100.00% | 39.81% |
Corporate | 0.93% | 0.00% | 2.83% | 15.53% |
Derivative | 0.00% | -12.35% | 1.55% | 30.58% |
Cash & Equivalents | 0.00% | 0.00% | 100.00% | 63.59% |
Securitized | 0.00% | 0.00% | 22.44% | 35.44% |
Government | 0.00% | 0.00% | 0.09% | 35.92% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | XETTX % Rank | |
---|---|---|---|---|
US | 97.59% | 0.00% | 139.84% | 51.46% |
Non US | 2.70% | 0.00% | 13.35% | 7.28% |
XETTX - Expenses
Operational Fees
XETTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.36% | 0.21% | 3.44% | 31.71% |
Management Fee | 0.60% | 0.00% | 1.41% | 85.17% |
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% | 5.00% | N/A |
Trading Fees
XETTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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% | 0.52% |
XETTX - Distributions
Dividend Yield Analysis
XETTX | Category Low | Category High | XETTX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.00% | 92.34% |
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% | 5.70% | 11.00% |
Capital Gain Distribution Analysis
XETTX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 28, 2019 | $0.071 | OrdinaryDividend |
May 31, 2019 | $0.071 | OrdinaryDividend |
Apr 30, 2019 | $0.071 | OrdinaryDividend |
Mar 29, 2019 | $0.071 | OrdinaryDividend |
Feb 28, 2019 | $0.071 | OrdinaryDividend |
Jan 31, 2019 | $0.071 | OrdinaryDividend |
Dec 31, 2018 | $0.071 | OrdinaryDividend |
Nov 30, 2018 | $0.071 | OrdinaryDividend |
Oct 31, 2018 | $0.071 | OrdinaryDividend |
Sep 28, 2018 | $0.071 | OrdinaryDividend |
Aug 31, 2018 | $0.071 | OrdinaryDividend |
Jul 31, 2018 | $0.071 | OrdinaryDividend |
Jun 29, 2018 | $0.071 | OrdinaryDividend |
May 31, 2018 | $0.071 | OrdinaryDividend |
Apr 30, 2018 | $0.071 | OrdinaryDividend |
Mar 29, 2018 | $0.071 | OrdinaryDividend |
Feb 28, 2018 | $0.071 | OrdinaryDividend |
Jan 31, 2018 | $0.071 | OrdinaryDividend |
Dec 29, 2017 | $0.071 | OrdinaryDividend |
Nov 30, 2017 | $0.071 | OrdinaryDividend |
Oct 31, 2017 | $0.071 | OrdinaryDividend |
Sep 29, 2017 | $0.071 | OrdinaryDividend |
Aug 31, 2017 | $0.071 | OrdinaryDividend |
Jul 31, 2017 | $0.071 | OrdinaryDividend |
Jun 30, 2017 | $0.071 | OrdinaryDividend |
May 31, 2017 | $0.071 | OrdinaryDividend |
Apr 28, 2017 | $0.071 | OrdinaryDividend |
Mar 31, 2017 | $0.071 | OrdinaryDividend |
Feb 28, 2017 | $0.071 | OrdinaryDividend |
Jan 31, 2017 | $0.071 | OrdinaryDividend |
Dec 30, 2016 | $0.071 | OrdinaryDividend |
Nov 30, 2016 | $0.071 | OrdinaryDividend |
Oct 31, 2016 | $0.071 | OrdinaryDividend |
Sep 30, 2016 | $0.071 | OrdinaryDividend |
Aug 31, 2016 | $0.071 | OrdinaryDividend |
Jul 29, 2016 | $0.071 | OrdinaryDividend |
Jun 30, 2016 | $0.071 | OrdinaryDividend |
May 31, 2016 | $0.071 | OrdinaryDividend |
Apr 29, 2016 | $0.071 | OrdinaryDividend |
Mar 31, 2016 | $0.071 | OrdinaryDividend |
Feb 29, 2016 | $0.071 | OrdinaryDividend |
Jan 29, 2016 | $0.071 | OrdinaryDividend |
Dec 30, 2015 | $0.071 | OrdinaryDividend |
Nov 30, 2015 | $0.071 | OrdinaryDividend |
Oct 30, 2015 | $0.071 | OrdinaryDividend |
Sep 30, 2015 | $0.071 | OrdinaryDividend |
Aug 31, 2015 | $0.071 | OrdinaryDividend |
Jul 31, 2015 | $0.071 | OrdinaryDividend |
Jun 30, 2015 | $0.071 | OrdinaryDividend |
May 29, 2015 | $0.071 | OrdinaryDividend |
Apr 30, 2015 | $0.071 | OrdinaryDividend |
Mar 31, 2015 | $0.071 | OrdinaryDividend |
Feb 27, 2015 | $0.071 | OrdinaryDividend |
Jan 30, 2015 | $0.071 | OrdinaryDividend |
Dec 31, 2014 | $0.071 | OrdinaryDividend |
Nov 28, 2014 | $0.071 | OrdinaryDividend |
Oct 31, 2014 | $0.071 | OrdinaryDividend |
Sep 30, 2014 | $0.071 | OrdinaryDividend |
Aug 29, 2014 | $0.071 | OrdinaryDividend |
Jul 31, 2014 | $0.071 | OrdinaryDividend |
Jun 30, 2014 | $0.071 | OrdinaryDividend |
May 30, 2014 | $0.071 | OrdinaryDividend |
Apr 30, 2014 | $0.071 | OrdinaryDividend |
Mar 31, 2014 | $0.071 | OrdinaryDividend |
Feb 28, 2014 | $0.071 | OrdinaryDividend |
Jan 31, 2014 | $0.071 | OrdinaryDividend |
Dec 31, 2013 | $0.071 | OrdinaryDividend |
Nov 29, 2013 | $0.071 | OrdinaryDividend |
Oct 31, 2013 | $0.071 | OrdinaryDividend |
Sep 30, 2013 | $0.071 | OrdinaryDividend |
Aug 30, 2013 | $0.071 | OrdinaryDividend |
Jul 31, 2013 | $0.071 | OrdinaryDividend |
Jun 28, 2013 | $0.071 | OrdinaryDividend |
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 |
---|---|---|---|
0.06 | 21.43 | 7.46 | 2.52 |