Business Context and Reporting Period
This Form 8-K filing by Eaton Vance Municipal Income 2028 Term Trust (ETX) covers the reporting period of October 18, 2023. The registrant is a Massachusetts-based closed-end fund trading on the New York Stock Exchange.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes rather than financial performance.
Material Changes
The primary material change reported is the appointment of Kenneth A. Topping as President of the Fund, effective October 18, 2023.
Management Commentary and Risks
Mr. Topping brings extensive experience to the role, having served as Vice President and Chief Administrative Officer of Eaton Vance and BMR, and Chief Operating Officer for Public Markets at MSIM. He is an officer of 107 registered investment companies managed by Eaton Vance or BMR. Previously, he served as Chief Operating Officer for Goldman Sachs Asset Management 'Classic' from 2009 to 2020. The filing does not disclose specific risks, contingencies, or unusual items related to this appointment.
Key Facts for Investor Verification
- Effective Date: October 18, 2023.
- New President: Kenneth A. Topping (born 1966).
- Previous Role: Chief Operating Officer for Goldman Sachs Asset Management 'Classic' (2009-2020).
- Current Affiliation: Officer of 107 registered investment companies managed by Eaton Vance or BMR.
- Reporting Officer: Deidre E. Walsh, Vice President & Chief Legal Officer.