Eaton Vance Municipal Income 2028 Term Trust chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share N/A
Dividend & Yield0.74$ (4.17%)
Beta N/A
Market capitalization 194.31M
Operating cash flow N/A
ESG Scores unknown

Company description

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.

Sector: Financial Services - Industry: Asset Management

Financial data

Financial Statements

Cashflow Statement
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Total Cashflows From Investing Activities
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Issuance Of Stock
Net Income
Change In Cash
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Total Cash From Operating Activities
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Change To Netincome
Capital Expenditures

Income Statement
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Net Income
Selling General Administrative
Gross Profit
Ebit
Operating Income
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Income Tax Expense
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet
Net Income From Continuing Ops
Net Income Applicable To Common Shares

Balance Sheet Statement
Total Liabilities
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Other Stockholder Equity
Property, Plant, and Equipment
Total Current Assets
Net Tangible Assets
Net Receivables
Accounts Payable


Insider Transactions

Here are the insider transactions of stock shares related to Eaton Vance Municipal Income 2028 Term Trust:

Filer Name Transaction Text Ownership Date Filer Relation Shares
BRANDON CRAIG RPurchase at price 19.32 per share.D2016-12-07Other Executive1.55k
FAUST THOMAS E JR.Purchase at price 17.27 per share.I2014-09-24Trustee2k
FAUST THOMAS E JR.Purchase at price 17.27 per share.I2014-09-24Trustee2k
FAUST THOMAS E JR.Purchase at price 17.27 per share.I2014-09-02Trustee2k
FAUST THOMAS E JR.Purchase at price 17.04 per share.I2014-08-22Trustee2k
FAUST THOMAS E JR.Purchase at price 17.04 per share.I2014-08-22Trustee2k
FAUST THOMAS E JR.Purchase at price 17.16 per share.I2014-08-20Trustee2k
FAUST THOMAS E JR.Purchase at price 17.23 per share.I2014-08-19Trustee2k
FAUST THOMAS E JR.Purchase at price 17.19 per share.I2014-08-18Trustee2k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Eaton Vance Municipal Income 2028 Term Trust. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Eaton Vance Municipal Income 2028 Term Trust

Here is the result of two systematic investment strategies applied to Eaton Vance Municipal Income 2028 Term Trust. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Eaton Vance Municipal Income 2028 Term Trust

The following chart shows the equity curve of the two systematic investment strategies applied to Eaton Vance Municipal Income 2028 Term Trust:

Eaton Vance Municipal Income 2028 Term Trust automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 6.3% on the backtest period.

Performance at glance

Performance

6.3 %

Latent gain

140.24 $

Invested capital

2225.68 $

Annualized return

1.52 %
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Momentum strategy results on Eaton Vance Municipal Income 2028 Term Trust

This is the result of two momentum investment strategies applied to Eaton Vance Municipal Income 2028 Term Trust. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Eaton Vance Municipal Income 2028 Term Trust

The following chart shows all the entries opened by the momentum investment system on Eaton Vance Municipal Income 2028 Term Trust:

Eaton Vance Municipal Income 2028 Term Trust momentum entries
  • The first momentum investment strategy would give 8.62% of return on Eaton Vance Municipal Income 2028 Term Trust. That represents 561.26$ of latent gain with 6514.18$ of employed capital.
  • The second momentum investment strategy would give 7.51% of return on Eaton Vance Municipal Income 2028 Term Trust. That represents 319.62$ of latent gain with 4255.98$ of employed capital.
Performance at glance (1Q Momentum)

Performance

8.62 %

Latent gain

561.26 $

Invested capital

6514.18 $

Annualized return

3.13 %
Performance at glance (2Q Momentum)

Performance

7.51 %

Latent gain

319.62 $

Invested capital

4255.98 $

Annualized return

2.05 %

Momentum equity curve on Eaton Vance Municipal Income 2028 Term Trust

The following chart shows the equity curve of the two momentum strategies applied to Eaton Vance Municipal Income 2028 Term Trust:

Eaton Vance Municipal Income 2028 Term Trust momentum equity

Note: the dividends potentially given by Eaton Vance Municipal Income 2028 Term Trust are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Eaton Vance Municipal Income 2028 Term Trust

The following chart shows the employed capital evolution of the two momentum strategies on Eaton Vance Municipal Income 2028 Term Trust since the beginning:

Eaton Vance Municipal Income 2028 Term Trust

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Eaton Vance Municipal Income 2028 Term Trust

Buy the dip entry openings on Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance Municipal Income 2028 Term Trust

The performance achieved by the robo-advisor on Eaton Vance Municipal Income 2028 Term Trust is 6.69%. That represents 16.8$ of latent gain with 251.04$ of employed capital. The following chart shows Eaton Vance Municipal Income 2028 Term Trust stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Eaton Vance Municipal Income 2028 Term Trust, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

6.69 %

Latent gain

16.8 $

Invested capital

251.04 $

Annualized return

3.13 %

Equity curve of the strategy applied to Eaton Vance Municipal Income 2028 Term Trust

The following chart shows the result of the investment strategy applied to Eaton Vance Municipal Income 2028 Term Trust:

Eaton Vance Municipal Income 2028 Term Trust

Note: the dividends potentially given by Eaton Vance Municipal Income 2028 Term Trust are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Eaton Vance Municipal Income 2028 Term Trust

The following chart shows the employed capital evolution since the beginning of the investment strategy on Eaton Vance Municipal Income 2028 Term Trust:

Eaton Vance Municipal Income 2028 Term Trust

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Eaton Vance Municipal Income 2028 Term Trust

In this section, I will compare the three previous investment strategies applied to Eaton Vance Municipal Income 2028 Term Trust.

Equity curve comparison on Eaton Vance Municipal Income 2028 Term Trust

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Eaton Vance Municipal Income 2028 Term Trust investment strategy comparison

Employed capital comparison on Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance Municipal Income 2028 Term Trust investment comparison

Performance comparison on Eaton Vance Municipal Income 2028 Term Trust

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 6.3% 140.24$ 2225.68$ 1.52%
Momentum 1 quarter 8.62% 561.26$ 6514.18$ 2.21%
Momentum 2 quarters 7.51% 319.62$ 4255.98$ 2.05%
Non-directional 6.69% 16.8$ 251.04$ 3.13%
Annualized return comparison

Automatic investment

1.52 %

Momentum 1Q

2.05 %

Momentum 2Q

2.05 %

Non-directional

3.13 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Eaton Vance Municipal Income 2028 Term Trust:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months


Note: The algorithm computes the probability of correlation between Eaton Vance Municipal Income 2028 Term Trust and the other stocks. There may be false positives or some missing correlated stocks. If the price of Eaton Vance Municipal Income 2028 Term Trust does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Eaton Vance Municipal Income 2028 Term Trust
Country United States
City Boston
Address Two International Place
Phone 617-482-8260
Website funds.eatonvance.com/Municipal-Income-2028-Term-Trust-ETX.php
FullTime employees
Industry Asset Management
Sector Financial Services
Exchange XNYS
Ticker ETX
Market www.nyse.com

Eaton Vance Municipal Income 2028 Term Trust ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown