Business Context and Reporting Period
This Form 8-K is a current report filed by Eaton Vance Municipal Income 2028 Term Trust on April 4, 2022. The filing addresses corporate governance changes, specifically the appointment of a new independent Trustee and the scheduled retirement of two existing Trustees.
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 governance events and does not contain financial performance data.
Material Changes
The material change reported is the composition of the Board of Trustees:
- New Appointment: Nancy A. Wiser was appointed as an independent Trustee effective April 4, 2022.
- Upcoming Retirements: Helen Frame Peters and William H. Park are expected to retire as Trustees effective on or about July 1, 2022.
Management Commentary and Risks
The Board determined that Ms. Wiser is not an "interested person" under the Investment Company Act of 1940. No specific risks, contingencies, or unusual items were disclosed in this filing. The text notes that Ms. Wiser previously served as Executive Vice President and Global Head of Operations at Wells Fargo Asset Management (2011-2021) and currently oversees 135 portfolios within the fund complex.
Key Facts for Investor Verification
- Verify the effective date of Nancy A. Wiser's service (April 4, 2022).
- Confirm the expected retirement date for Helen Frame Peters and William H. Park (on or about July 1, 2022).
- Note that the filing contains no financial performance updates for the period.