EVN:NYE-Eaton Vance Municipal Income Closed Fund (USD)

COMMON STOCK | Asset Management |

Last Closing

USD 10.95

Change

+0.01 (+0.09)%

Market Cap

USD 0.44B

Volume

0.16M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Eaton Vance Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in investment grade municipal obligations of various sectors, such as cogeneration, education, electric utilities, general obligations, healthcare, hospital, housing, transportation, and nursing home. Eaton Vance Municipal Income Trust was formed in 1998 and is domiciled in United States.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-26 )

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BAM Brookfield Asset Management In..

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ETFs Containing EVN

HGGG:CA Harvest Global Gold Giant.. 5.04 % 0.00 %

+0.37 (+0.59%)

CAD 0.02B
ESGO:LSE AuAg ESG Gold Mining UCIT.. 4.70 % 0.00 %

+0.12 (+0.59%)

USD 0.02B
ZSG0:XETRA AuAg ESG Gold Mining UCIT.. 4.64 % 0.00 %

+0.06 (+0.59%)

USD 0.04B
ESGO:PA AuAg ESG Gold Mining UCIT.. 4.64 % 0.00 %

+0.09 (+0.59%)

N/A
ESGP:LSE AuAg ESG Gold Mining UCIT.. 4.28 % 0.00 %

+6.05 (+0.59%)

N/A
XB4A:F Xtrackers ATX UCITS ETF 1.. 3.09 % 0.00 %

+0.55 (+0.59%)

USD 0.05B
XB4A:XETRA Xtrackers ATX UCITS ETF 1.. 3.09 % 0.00 %

+0.59 (+0.59%)

USD 0.05B
EXXX:XETRA iShares ATX UCITS ETF (DE.. 3.07 % 0.00 %

+0.30 (+0.59%)

USD 0.09B
G2XJ:XETRA VanEck Junior Gold Miners.. 3.06 % 0.00 %

+0.34 (+0.59%)

USD 0.44B
GDXJ VanEck Junior Gold Miners.. 3.02 % 0.53 %

+0.66 (+0.59%)

USD 5.47B
MVE:AU VanEck Vectors Australian.. 2.87 % 0.00 %

+0.73 (+0.59%)

USD 0.31B
GDXJ:SW VanEck Junior Gold Miners.. 2.80 % 0.00 %

+0.23 (+0.59%)

N/A
ETLX:XETRA L&G Gold Mining UCITS ETF 2.47 % 0.00 %

+0.34 (+0.59%)

USD 0.13B
AUCO:SW L&G Gold Mining UCITS ETF.. 2.31 % 0.00 %

+0.01 (+0.59%)

N/A
VSO:AU Vanguard MSCI Australian .. 2.19 % 0.00 %

+1.28 (+0.59%)

USD 0.97B
QRE:AU Beta Shares S&P/ASX 200Re.. 1.70 % 0.00 %

+0.10 (+0.59%)

USD 0.21B
OZR:AU SPDR S&P/ASX 200 Resource.. 1.63 % 0.00 %

+0.18 (+0.59%)

USD 0.17B
FAUS 0.00 % 0.80 %

N/A

N/A
MCEF 0.00 % 0.75 %

N/A

N/A
AUCO:LSE L&G Gold Mining UCITS ETF 0.00 % 0.00 %

+1.01 (+0.59%)

N/A
AUCP:LSE Legal & General UCITS ETF.. 0.00 % 0.00 %

+5.00 (+0.59%)

N/A
GDXJ:LSE VanEck Junior Gold Miners.. 0.00 % 0.00 %

+0.72 (+0.59%)

N/A
GJGB:LSE VanEck Junior Gold Miners.. 0.00 % 0.00 %

+0.34 (+0.59%)

N/A
XSNR:LSE Xtrackers - Stoxx Europe .. 0.00 % 0.00 %

+192.00 (+0.59%)

USD 0.03B
ETLX:F L&G Gold Mining UCITS ETF 0.00 % 0.00 %

+0.75 (+0.59%)

N/A
G2XJ:F VanEck Junior Gold Miners.. 0.00 % 0.00 %

+1.00 (+0.59%)

N/A

Market Performance

  Market Performance vs. Industry/Classification (Asset Management) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 11.51% 67% D+ 59% D-
Dividend Return 4.38% 31% F 75% C
Total Return 15.89% 61% D- 66% D+
Trailing 12 Months  
Capital Gain 22.90% 71% C- 63% D
Dividend Return 6.09% 36% F 76% C+
Total Return 28.99% 65% D 69% C-
Trailing 5 Years  
Capital Gain -14.59% 52% F 26% F
Dividend Return 20.58% 27% F 71% C-
Total Return 6.00% 38% F 31% F
Average Annual (5 Year Horizon)  
Capital Gain -4.62% 34% F 17% F
Dividend Return -0.26% 26% F 23% F
Total Return 4.35% 36% F 75% C
Risk Return Profile  
Volatility (Standard Deviation) 13.37% 78% C+ 69% C-
Risk Adjusted Return -1.97% 26% F 24% F
Market Capitalization 0.44B 48% F 46% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.