Deidre E. Walsh
About Deidre E. Walsh
Deidre E. Walsh serves as Vice President and Chief Legal Officer of Eaton Vance Municipal Income 2028 Term Trust (ETX). She is listed with year of birth 1971 and has been an officer of the Fund since 2021; she is also Vice President of Eaton Vance, Boston Management and Research (BMR), and Calvert Research and Management (CRM), and an officer across the broader Eaton Vance/Morgan Stanley Investment Management fund complexes . ETX’s proxy does not disclose executive performance metrics (TSR, revenue, EBITDA) for officers; those items are not provided in the Fund’s filings .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Eaton Vance Management | Vice President | 2021–present | Officer across 122 registered investment companies managed by Eaton Vance/BMR |
| Boston Management and Research (BMR) | Vice President | 2021–present | Officer across 122 registered investment companies managed by Eaton Vance/BMR |
| Calvert Research and Management (CRM) | Vice President | 2021–present | Officer of 45 registered investment companies advised or administered by CRM |
External Roles
| Organization/Fund | Role | Evidence |
|---|---|---|
| Eaton Vance Enhanced Equity Income Fund II (EOS) | Vice President & Chief Legal Officer | Signed EOS Form 8-K as “Vice President & Chief Legal Officer” on Feb. 1, 2023 |
| Eaton Vance fund complex | Officer across fund complex | Officer of 122 registered investment companies managed by Eaton Vance/BMR; officer of 45 CRM funds since 2021 |
Fixed Compensation
- Officer cash compensation (base salary, target bonus, payout) is not disclosed in ETX’s proxy; trustee compensation schedules are provided for noninterested Trustees, not Fund officers .
Performance Compensation
- Short- and long-term incentive structures, performance metrics, vesting schedules, and equity award details for Fund officers are not disclosed in ETX’s proxy .
Equity Ownership & Alignment
- Alignment and affiliation: As disclosed, because of their positions at Eaton Vance and ownership of Morgan Stanley stock, Fund officers (including Walsh) benefit from advisory/administration fees paid by the Fund to Eaton Vance (an indirect, wholly owned subsidiary of Morgan Stanley) .
- Insider activity: No Form 4 insider transactions by Walsh were identified for ETX; available Section 16 filings show Forms 3 for other individuals where Walsh acted as attorney-in-fact (initial ownership statements indicating “no securities are beneficially owned”) .
- Pledging/hedging, ownership guidelines: Not disclosed in ETX’s proxy for officers .
- Shareholder context: Rockefeller Capital Management reported 5.30% ownership of ETX common shares as of Aug. 26, 2025 .
Insider Filings Referencing Walsh
| Filing Type | Reporting Person | Date | Note |
|---|---|---|---|
| Form 3/A | Alan C. Bowser | Mar. 15, 2023 | Walsh signed “Attorney in Fact”; “No securities are beneficially owned.” |
| Form 3 | Nicholas S. Di Lorenzo | Dec. 14, 2022 | Walsh signed “Attorney in Fact”; “No securities are beneficially owned.” |
| Form 3 | Anchal Pachnanda | Apr. 5, 2023 | Walsh signed “Attorney in Fact”; “No securities are beneficially owned.” |
| Form 3 | Julie P. Callahan | Oct. 8, 2021 | Walsh signed “Attorney in Fact”; “No securities are beneficially owned.” |
| Form 3 | Laura T. Donovan | Jan. 5, 2024 | Walsh signed “Attorney in Fact”; “No securities are beneficially owned.” |
| Form 3 | Kenneth A. Topping | Oct. 23, 2023 | Walsh signed “Attorney in Fact”; “No securities are beneficially owned.” |
Employment Terms
- Officer term: ETX officers hold indefinite terms of office, with Walsh first elected as an officer in 2021 .
- Employment agreements, severance, change-in-control provisions, non-compete/non-solicit, garden leave, and clawbacks for Fund officers are not disclosed in ETX’s proxy .
Investment Implications
- Pay-for-performance visibility is limited: ETX’s proxy does not disclose officer-level compensation structures or performance metrics for Walsh, constraining direct assessment of incentive alignment .
- Trading signals: No reported Form 4 transactions for Walsh at ETX suggest an absence of near-term insider selling/buying pressure signals tied to her role; filings show her acting as attorney-in-fact for other reporting persons’ initial statements only .
- Alignment and potential conflicts: Officers’ affiliation with Eaton Vance/Morgan Stanley and disclosure that officers benefit from Fund-paid advisory/admin fees, combined with Morgan Stanley stock ownership, warrants monitoring of governance and fee structures rather than performance-based equity alignment at the Fund level .
- Governance backdrop: Walsh is not a Trustee; Board governance, committee structures, and trustee compensation are detailed for noninterested Trustees, not officers; major shareholders include Rockefeller Capital Management (5.30% of ETX), indicating external oversight dynamics .