Western Asset Global High Income Fund (EHI) vs Eaton Vance Municipal Income 2028 Term (ETX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Eaton Vance Municipal Income 2028 Term is the larger company by market cap ($188.2 million vs $162.0 million), about 1.2 times the size. On valuation, Western Asset Global High Income Fund trades at a lower trailing P/E (7.5x vs 30.3x for Eaton Vance Municipal Income 2028 Term). Western Asset Global High Income Fund pays a dividend yielding 15.72%, while Eaton Vance Municipal Income 2028 Term does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | EHI | ETX |
|---|---|---|
| Share price | $5.35 | $17.26 |
| Market cap | $161.95M | $188.18M |
| 1-day change | -0.28% | -1.03% |
| YTD return | — | -6.74% |
| 1-year return | — | -8.55% |
| 5-year return | — | -21.55% |
| P/E ratio (TTM) | 7.53 | 30.28 |
| EPS (TTM) | $0.71 | $0.57 |
| Dividend yield | 15.72% | 5.38% |
| Annual dividend | $0.84 | $0.00 |
| 52-week high | $6.56 | $20.00 |
| 52-week low | $5.32 | $17.06 |
| Distance from 52-week high | -18.52% | -13.70% |
| Average volume | 135.69K | 21.46K |
| Shares outstanding | 30.30M | 10.90M |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Eaton Vance Municipal Income 2028 Term trades at a higher earnings multiple (30.3x vs 7.5x trailing P/E).
- Western Asset Global High Income Fund offers a meaningfully higher dividend yield (15.72% vs 5.38%).
About Western Asset Global High Income Fund
EHI stock →Western Asset Global High Income Fund Inc.. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Finance · Investment Managers
About Eaton Vance Municipal Income 2028 Term
ETX stock →Eaton Vance Municipal Income 2028 Term Trust is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets.
Finance · Investment Managers
EHI vs ETX FAQ
Which is bigger, Western Asset Global High Income Fund or Eaton Vance Municipal Income 2028 Term?
Eaton Vance Municipal Income 2028 Term (ETX) is larger, with a market capitalization of $188.18M compared with $161.95M for Western Asset Global High Income Fund (EHI).
Which has the lower P/E ratio, EHI or ETX?
EHI has the lower trailing P/E at 7.5, versus 30.3 for ETX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Western Asset Global High Income Fund or Eaton Vance Municipal Income 2028 Term?
Western Asset Global High Income Fund has the higher yield at 15.72%, compared with 5.38% for Eaton Vance Municipal Income 2028 Term.
Are Western Asset Global High Income Fund and Eaton Vance Municipal Income 2028 Term in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.