Eaton Vance Municipal Income Trust (NYSE: EVN) is a diversified, closed-end management investment company that seeks to provide current income exempt from regular federal income tax. The Trust primarily invests in investment-grade municipal obligations issued by U.S. state and local governments, authorities, and agencies across various sectors, including cogeneration; education; electric utilities; general obligations; healthcare; hospitals; housing; transportation; nursing homes; industrial development revenue; senior living/life care; special tax revenue; and lease revenue/certificates of participation. Its portfolio, managed by Eaton Vance Management with a team led by William J. Delahunty, CFA, and Cynthia J. Clemson, features 235 holdings as of June 30, 2025, with an average effective maturity of 13.04 years, leverage adjusted duration of 11.76 years, and total leverage of 32.4% through residual interest bond (RIB) financing; the Fund trades on the NYSE, offering daily liquidity, and targets individual and institutional investors seeking tax-efficient income with monthly distributions. Eaton Vance Municipal Income Trust was launched on January 29, 1999, and is domiciled in the United States with principal executive offices at One Post Office Square, Boston, Massachusetts 02109. In a major strategic development, Eaton Vance, the Fund's investment adviser, became an indirect wholly-owned subsidiary of Morgan Stanley following the acquisition of Eaton Vance Corp. on March 1, 2021, which included a new investment advisory agreement approved by shareholders and enhanced resources for risk management and portfolio construction. Recent institutional ownership shifts include Envestnet Asset Management Inc. increasing its stake by 13.7% in Q2 2025 through the purchase of 15,251 additional shares, alongside adjustments by other funds such as ProVise Management Group LLC (up 1.0% in Q1 2025) and Camelot Portfolios LLC (up 7.1% in Q2 2025), reflecting ongoing investor interest amid stable monthly dividends of $0.0513 per share declared through November 2025.