Business Context and Reporting Period
This Form 8-K is a current report filed by Eaton Vance Municipal Income 2028 Term Trust (NYSE: ETX) on August 14, 2025, covering events that occurred on August 9, 2025. The registrant is a closed-end fund incorporated in Massachusetts.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report addresses corporate governance events rather than financial performance.
Material Changes
- Leadership Change: Mr. Mark R. Fetting, Chairperson of the Board of Trustees, unexpectedly passed away on August 9, 2025.
- Interim Appointment: Ms. Susan J. Sutherland is serving as the acting Chairperson of the Board.
- Board Composition: Effective August 12, 2025, the Board reduced its size from ten to nine members.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, management commentary on operations, or discussion of risks and contingencies. The report is limited to the notification of the Chairperson's passing and the subsequent adjustment to the Board's size.
Key Facts for Investor Verification
- Confirm the appointment of a permanent Chairperson to replace the acting Chairperson, Ms. Susan J. Sutherland.
- Verify the composition of the remaining nine-member Board of Trustees.
- Monitor future filings for any strategic shifts resulting from the leadership transition.