Eaton Vance Municipal Income 2028 Term Trust - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed on April 3, 2023, covering events occurring on April 1, 2023. The registrant, Eaton Vance Municipal Income 2028 Term Trust, is a closed-end fund incorporated in Massachusetts and listed on the New York Stock Exchange under the symbol ETX.
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 a new Trustee and the announcement of an upcoming Trustee retirement:
- New Appointment: Anchal Pachnanda was appointed as a Class III Trustee, commencing service on April 1, 2023.
- Classification: Ms. Pachnanda is designated as an "interested person" under the Investment Company Act of 1940 due to her position with MSIM, an affiliate of the Trust.
- Upcoming Retirement: Thomas E. Faust Jr. has notified the Board of his intent to retire as a Trustee of all Eaton Vance Funds effective on or about August 3, 2023.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, management commentary on market conditions, or discussion of specific risks and contingencies. The document is limited to the disclosure of the trustee appointment and retirement.
Key Facts for Investor Verification
- Verify the effective date of Anchal Pachnanda's service (April 1, 2023) and her status as an "interested person."
- Confirm the expected retirement date of Thomas E. Faust Jr. (on or about August 3, 2023).
- Note that this filing does not contain updated financial data; investors should refer to the most recent quarterly or annual reports for financial metrics.