ETG:NYE-Eaton Vance Tax-Advantaged Global Dividend Income Fund of Beneficial Interest (USD)

ETF | Utilities - Renewable | New York Stock Exchange

Last Closing

USD 18.4

Change

+0.12 (+0.66)%

Market Cap

USD 1.07B

Volume

0.15M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The Funds investment objective is to provide a high level of after-tax total return consisting primarily of tax-advantaged dividend income and capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its total assets in dividend-paying common and preferred stocks. The Fund may invest in common and preferred stocks of both domestic and foreign issuers. The Fund may invest up to 30% of its total assets in securities rated below investment grade.

Inception Date: 30/01/2004

Primary Benchmark: MSCI World NR USD

Primary Index: Morningstar Mod Tgt Risk TR USD

Gross Expense Ratio: 1.45%

Management Expense Ratio:

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-23 )

Largest Industry Peers for Utilities - Renewable

Symbol Name Mer Price(Change) Market Cap
GEV GE Vernova LLC 0.00 %

+2.26 (+0.66%)

USD 46.01B
BEP Brookfield Renewable Partners .. 0.00 %

+0.14 (+0.61%)

USD 16.13B
EBR-B Centrais Elétricas Brasileira.. 0.00 %

-0.19 (-2.90%)

USD 12.63B
BEPC Brookfield Renewable Corp 0.00 %

+0.18 (+0.64%)

USD 5.39B
CWEN Clearway Energy Inc Class C 0.00 %

+0.36 (+1.38%)

USD 5.15B
CWEN-A Clearway Energy Inc 0.00 %

+0.32 (+1.30%)

USD 5.15B
AQN Algonquin Power & Utilities Co.. 0.00 %

+0.09 (+2.05%)

USD 3.37B
AMPS Altus Power Inc 0.00 %

+0.53 (+14.93%)

USD 0.64B
NRGV Energy Vault Holdings Inc 0.00 %

+0.08 (+4.73%)

USD 0.28B
ELLO Ellomay Capital Ltd 0.00 %

-0.67 (-4.01%)

USD 0.21B

ETFs Containing ETG

FCEF First Trust Income Opport.. 0.00 % 0.85 %

+0.16 (+0.77%)

USD 0.04B

Market Performance

  Market Performance vs. Industry/Classification (Utilities - Renewable) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 7.60% 93% A 58% F
Dividend Return 7.79% 91% A- 86% B+
Total Return 15.39% 93% A 66% D+
Trailing 12 Months  
Capital Gain 7.60% 100% F 58% F
Dividend Return 7.79% 91% A- 85% B
Total Return 15.39% 100% F 66% D+
Trailing 5 Years  
Capital Gain -0.81% 70% C- 47% F
Dividend Return 35.79% 78% C+ 88% B+
Total Return 34.98% 80% B- 60% D-
Average Annual (5 Year Horizon)  
Capital Gain 7.48% 93% A 59% D-
Dividend Return 13.94% 93% A 68% D+
Total Return 6.46% 100% F 90% A-
Risk Return Profile  
Volatility (Standard Deviation) 27.68% 40% F 39% F
Risk Adjusted Return 50.35% 100% F 65% D
Market Capitalization 1.07B 33% F 50% 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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Positive free cash flow

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

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Overpriced compared to book value

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

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

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.