The Eaton Vance Municipal Income 2028 Term Trust, a fixed income mutual fund, has been launched and managed by Eaton Vance Management in the United States. Operating as a closed ended fund, the trust invests in various fixed income markets and diversifies its portfolio by investing in stocks across multiple sectors. Formerly known as Eaton Vance Municipal Income Term Trust, the fund was established on March 28, 2013, and is based in the US.