Board chair dies; Eaton Vance Municipal Income 2028 (ETX) names acting head

Rhea-AI Filing Summary

Eaton Vance Municipal Income 2028 Term Trust reported that its Board Chairperson, Mr. Mark R. Fetting, unexpectedly passed away on August 9, 2025. Ms. Susan J. Sutherland is now serving as acting Chairperson of the Board, providing interim leadership for the trust’s board. Effective August 12, 2025, the Board reduced its size from ten to nine members, reflecting the vacancy created by Mr. Fetting’s passing.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): August 9, 2025

EATON VANCE MUNICIPAL INCOME 2028 TERM TRUST

(Exact name of registrant as specified in its charter)

Massachusetts (State or other jurisdiction of incorporation)	811-22777 (Commission File Number)	46-1895022 (IRS Employer Identification No.)
One Post Office Square Boston, Massachusetts (Address of principal executive offices)		02109 (Zip Code)

(617) 482-8260
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

□ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

□ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

□ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

□ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Titles of Each Class	Trading Symbol	Name of exchange on which registered
Common Shares of Beneficial Interest, $0.01 par value	ETX	NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company □

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □

Item 8.01 Other Events

Mr. Mark R. Fetting, who served as Chairperson of the Board of Trustees of the registrant (the “Board”), unexpectedly passed away on August 9, 2025. Ms. Susan J. Sutherland is serving as acting Chairperson of the Board. Effective as of August 12, 2025, the Board has reduced the size of the Board from ten to nine members.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EATON VANCE MUNICIPAL INCOME 2028 TERM TRUST

By: /s/ Deidre E. Walsh

Name: Deidre E. Walsh

Title: Vice President & Chief Legal Officer

Date:   August 14, 2025

FAQ

What did Eaton Vance Municipal Income 2028 Term Trust (ETX) disclose in this 8-K?

The trust disclosed that Board Chairperson Mark R. Fetting unexpectedly passed away on August 9, 2025, and that it has adjusted its board leadership and size in response.

Who is now leading the Board of Eaton Vance Municipal Income 2028 Term Trust (ETX)?

The filing states that Susan J. Sutherland is serving as the acting Chairperson of the Board following the passing of Mr. Mark R. Fetting.

How did the ETX Board change its size after the Chairperson’s passing?

Effective August 12, 2025, the Board of Eaton Vance Municipal Income 2028 Term Trust reduced its size from ten members to nine members.

Does the 8-K for Eaton Vance Municipal Income 2028 Term Trust (ETX) mention changes to its common shares?

The filing lists the trust’s Common Shares of Beneficial Interest, with a $0.01 par value trading under the symbol ETX on the NYSE, but does not describe changes to the shares.

What is the main reason this 8-K was filed by Eaton Vance Municipal Income 2028 Term Trust (ETX)?

The 8-K was filed under Item 8.01 Other Events to report the unexpected passing of Board Chairperson Mark R. Fetting and to note the related board leadership and size adjustments.

Who signed the 8-K for Eaton Vance Municipal Income 2028 Term Trust (ETX)?

The report was signed on behalf of the trust by Deidre E. Walsh, who is identified as Vice President & Chief Legal Officer.