ETX

BEARISH

$18.79 Live

Eaton Vance Municipal Income 2028 Term Trust · NYSE

$17.97 52W Range $20.0

ETX Eaton Vance Municipal Income 2028 Term Trust - Fundamental Analysis

BEARISH

Console Chart News

ETX Stock | Fundamental Analysis & Investment Insights

NYSE • Financial Services • Asset Management

Current Price Live

$18.79

52W High

$20.0

52W Low

$17.97

Overview AI Snowflake Price Valuation Profitability Growth Health Statements Peers SEC Filings

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 27, 2026

Market cap

$204.74M

P/E

24.09

ROE

N/A

Profit margin

N/A

Debt/Equity

N/A

Dividend yield

4.99%

AI Analysis

AI-powered fundamental assessment

Confidence

90%

The deterministic health profile is critically weak, headlined by a Piotroski F-Score of 1/9, indicating severe fundamental deterioration. The asset is significantly overvalued, trading at $18.79 despite a growth-based intrinsic value of $5.46. Furthermore, the dividend profile is unsustainable with a payout ratio of 120.31%, suggesting the trust is returning capital rather than earnings. Combined with a 0/100 technical trend and 0% profit margins, the outlook is highly negative.

Key Strengths

Positive long-term price appreciation (5Y Change: +6.3%)

Consistent 1-year positive return (+9.6%)

Current dividend yield of 4.99% provides immediate income

Price remains relatively close to its 52-week high ($20.00)

Stable performance over the last 3 years (+17.3%)

Key Risks

Critically low Piotroski F-Score (1/9) indicating poor financial health

Unsustainable dividend payout ratio of 120.31%

Severe overvaluation relative to intrinsic value ($18.79 vs $5.46)

Zero percent profit and operating margins

Bearish technical trend (0/100 score)

AI Fair Value Estimate

Based on comprehensive analysis

$5.46

-70.9% below current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall

Weak

Value

Future

Past

Health

Dividend

AI Verdict

High Risk / Overvalued

Key drivers: Piotroski F-Score 1/9, Payout Ratio > 100%, Price/Intrinsic Value Gap

Confidence

95%

Value

15/100

Ref Intrinsic Value $5.46 vs Price $18.79

Positives

No standout positives identified.

Watchpoints

Current price is ~245% above intrinsic value
Forward P/E is deeply negative/distorted

Future

20/100

Ref Forward P/E -1879.00

Positives

No standout positives identified.

Watchpoints

Negative forward P/E
Lack of revenue or earnings growth data

Past

60/100

Ref Historical Price Performance

Positives

Positive 1Y, 3Y, and 5Y returns

Watchpoints

Stagnant 6-month growth (+0.4%)

Health

10/100

Ref Piotroski F-Score

Positives

No standout positives identified.

Watchpoints

Piotroski F-Score of 1/9 is in the 'Weak' category
0% profit margins

Dividend

30/100

Ref Payout Ratio 120.31%

Positives

Yield of 4.99% is attractive for income seekers

Watchpoints

Payout ratio of 120.31% indicates dividend is not covered by earnings

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price

$18.79

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for ETX and closest competitors.

Updated 2026-04-24

Company	5Y	3Y	1Y	6M	1M	1W
ETX Eaton Vance Municipal Income 2028 Term Trust Primary	+6.3%	+17.3%	+9.6%	+0.4%	+0.4%	+1.2%
INBK First Internet Bancorp Peer	-28.5%	+50.5%	+0.5%	+9.1%	+13.4%	+0.2%
FT Franklin Universal Trust Peer	+52.1%	+46.6%	+19.0%	+5.1%	+2.2%	-1.8%
PMTS CPI Card Group Inc. Peer	+9.1%	-59.3%	-28.2%	+17.1%	+23.8%	+5.0%
CMTV Community Bancorp Peer	+130.5%	+116.2%	+119.1%	+63.4%	+15.3%	+16.1%

ETX

Eaton Vance Municipal Income 2028 Term Trust

Primary

+6.3%

+17.3%

+9.6%

+0.4%

+1.2%

INB

First Internet Bancorp

Peer

-28.5%

+50.5%

+0.5%

+9.1%

+13.4%

+0.2%

Franklin Universal Trust

Peer

+52.1%

+46.6%

+19.0%

+5.1%

+2.2%

-1.8%

PMT

CPI Card Group Inc.

Peer

+9.1%

-59.3%

-28.2%

+17.1%

+23.8%

+5.0%

CMT

Community Bancorp

Peer

+130.5%

+116.2%

+119.1%

+63.4%

+15.3%

+16.1%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

24.09

-1879.0

N/A

$204.74M

Profitability

Profit margins and return metrics

Profit Margin N/A

Operating Margin N/A

Gross Margin N/A

ROE N/A

ROA N/A

Growth

Revenue and earnings growth rates

Revenue Growth N/A

Earnings Growth N/A

Q/Q Revenue Growth N/A

Q/Q Earnings Growth N/A

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity

N/A

Current Ratio

N/A

Quick Ratio

N/A

Cash/Share

$N/A

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q1 2026

Total Assets

$0.2B

Liabilities

$0.0B

Equity

$0.2B

Debt/Equity

0.04x

Financial Services Sector Comparison

Comparing ETX against 763 companies in the Financial Services sector (133 bullish, 317 neutral, 313 bearish)

P/E Ratio

24.09

This Stock

38.21

Sector Avg

-37.0% (Discount)

Similar Companies

Peer comparison within the same industry

Company	AI Rating	Market Cap	P/E	ROE	Profit Margin	Price
ETX Eaton Vance Municipal...	BEARISH	$204.74M	24.09	-%	-%	$18.79
INBK First Internet Bancorp	BEARISH	$204.84M	-	-9.5%	-79.6%	$23.5	Compare
FT Franklin Universal Trust	BULLISH	$204.57M	10.57	9.2%	126.0%	$8.14	Compare
PMTS CPI Card Group Inc.	BULLISH	$205.03M	14.31	-%	2.8%	$17.89	Compare
CMTV Community Bancorp	BULLISH	$202.27M	11.99	16.0%	35.8%	$36.09	Compare

ETX Eaton Vance...

BEARISH

Mkt Cap

$205M

P/E

24.1

ROE

Price

$18.79

INBK First Internet Bancorp

Compare with ETX

Compare with ETX

PMTS CPI Card Group Inc.

Compare with ETX

CMTV Community Bancorp

Compare with ETX

SEC Filings

Recent regulatory filings from the SEC EDGAR database

DEF 14A

EATON VANCE MUNICIPAL INCOME 2028 TERM TRUST - DEF14A

2025-09-22

Eaton Vance Municipal Income 2028 Term Trust filed a definitive proxy statement on September 22, 2025, providing shareholders with necessary information to vote on corporate matters.

8-K

MUNICIPAL INCOME 2028 TERM TRUST (ETX)

2025-08-28

8-K

MUNICIPAL INCOME 2028 TERM TRUST (ETX)

2025-08-14

Energy Transfer LP filed an 8-K regarding the Municipal Income 2028 Term Trust.

8-K

EATON VANCE MUNICIPAL INCOME 2028 TERM TRUST

2024-10-10

DEF 14A

EATON VANCE MUNICIPAL INCOME 2028 TERM TRUST DEF14A DTD 9-23-24

2024-09-23

Eaton Vance Municipal Income 2028 Term Trust filed a definitive proxy statement on September 23, 2024, to provide shareholders with information necessary to vote on corporate matters.

Data sourced from SEC EDGAR. AI summaries generated automatically.

Past News Coverage

Recent headlines mentioning ETX from our newsroom.

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ETX

ETX Eaton Vance Municipal Income 2028 Term Trust - Fundamental Analysis

At a glance

AI Analysis

Key Strengths

Key Risks

Performance Snowflake

Stock Price & Analyst Targets

Multi-Horizon Performance vs Peers

Historical Performance Trends

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Valuation Metrics

Profitability

Growth

Financial Health

Financial Statement Flow

Financial Services Sector Comparison

Similar Companies

SEC Filings

Past News Coverage

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