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Upturn AI SWOT - About
Eaton Vance New York MBF (ENX)
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Upturn Advisory Summary
10/23/2025: ENX (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
1 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $68.24
1 Year Target Price $68.24
| 0 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -0.62% | Avg. Invested days 39 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/23/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 178.89M USD | Price to earnings Ratio - | 1Y Target Price 68.24 |
Price to earnings Ratio - | 1Y Target Price 68.24 | ||
Volume (30-day avg) 1 | Beta 0.78 | 52 Weeks Range 8.51 - 10.06 | Updated Date 10/23/2025 |
52 Weeks Range 8.51 - 10.06 | Updated Date 10/23/2025 | ||
Dividends yield (FY) 3.86% | Basic EPS (TTM) -0.18 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 45.51% | Operating Margin (TTM) 79.87% |
Management Effectiveness
Return on Assets (TTM) 2.15% | Return on Equity (TTM) 2.9% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 254605264 | Price to Sales(TTM) 14.53 |
Enterprise Value 254605264 | Price to Sales(TTM) 14.53 | ||
Enterprise Value to Revenue 45.24 | Enterprise Value to EBITDA - | Shares Outstanding 17961289 | Shares Floating - |
Shares Outstanding 17961289 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 56 |
Upturn AI SWOT
Eaton Vance New York MBF
Company Overview
History and Background
Eaton Vance New York Municipal Bond Fund (NYMBX) is a closed-end management investment company. It commenced operations in 1987 and is managed by Eaton Vance Management. The fund primarily invests in investment-grade municipal bonds.
Core Business Areas
- Municipal Bond Investments: The fund's primary objective is to provide current income exempt from federal, New York State and New York City income taxes consistent with preservation of capital. It invests predominantly in municipal bonds that are exempt from federal and applicable state and local income taxes.
Leadership and Structure
The fund is managed by Eaton Vance Management. Specific leadership details for this closed-end fund are generally found within the parent company's filings. Eaton Vance Management is now part of Morgan Stanley Investment Management.
Top Products and Market Share
Key Offerings
- Tax-Exempt Municipal Bond Investments: NYMBX offers investors a portfolio primarily composed of tax-exempt municipal bonds. Market share data for this specific fund compared to all municipal bond funds is not readily available. Competitors include other municipal bond funds managed by companies like BlackRock, Nuveen, and Franklin Templeton.
Market Dynamics
Industry Overview
The municipal bond market is influenced by factors such as interest rates, tax policies, credit ratings of municipal issuers, and overall economic conditions. Demand for municipal bonds is generally higher among investors in high tax brackets.
Positioning
NYMBX is positioned as a provider of tax-exempt income to investors in New York. Its competitive advantage lies in its focused investment strategy and experience within the New York municipal bond market.
Total Addressable Market (TAM)
The total addressable market for municipal bonds is in the trillions of dollars. NYMBX occupies a small portion of this market, catering to NY-specific tax-exempt demand.
Upturn SWOT Analysis
Strengths
- Experienced Management Team (Eaton Vance)
- Tax-Exempt Income for New York Residents
- Focus on Investment-Grade Municipal Bonds
Weaknesses
- Closed-End Fund Structure (potential for trading at a discount to NAV)
- Geographic Concentration (New York municipal bonds)
- Interest Rate Sensitivity
Opportunities
- Increased Demand for Tax-Exempt Income in High-Tax Environments
- Potential for Capital Appreciation in a Falling Interest Rate Environment
- Growth in New York's Municipal Bond Market
Threats
- Rising Interest Rates
- Changes in Tax Laws
- Credit Downgrades of New York Municipal Issuers
- Increased Competition from Other Municipal Bond Funds
Competitors and Market Share
Key Competitors
- MUB
- VNY
- HYD
Competitive Landscape
NYMBX competes with other municipal bond funds. Its advantage is its New York focus, but it may be less diversified than broader national municipal bond funds. Smaller market share than larger index funds.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is tied to the performance of the New York municipal bond market and the fund's ability to generate tax-exempt income.
Future Projections: Future projections depend on factors such as interest rate forecasts, economic outlook for New York, and changes in tax policy.
Recent Initiatives: Recent initiatives may involve adjusting the fund's portfolio allocation to manage risk and enhance returns.
Summary
Eaton Vance New York MBF (NYMBX) offers tax-exempt income to New York residents through a portfolio of municipal bonds. The fund's strength lies in its targeted focus, but it faces risks from interest rate fluctuations and potential credit downgrades. Competition from larger, more diversified municipal bond funds also presents a challenge. Changes in tax laws pose the biggest threat to the fund's purpose.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Eaton Vance Fund Fact Sheets
- SEC Filings
- Morningstar
- Bloomberg
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market share percentages are estimates and subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Eaton Vance New York MBF
Exchange NYSE MKT | Headquaters Boston, MA, United States | ||
IPO Launch date 2002-08-28 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
Eaton Vance New York Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education. Eaton Vance New York Municipal Bond Fund was formed in 2002 and is domiciled in United States.
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