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Upturn AI SWOT - About
Eaton Vance New York MBF (ENX)
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Stock price based on last close (see disclosures)
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Upturn Advisory Summary
06/30/2025: ENX (1-star) is currently NOT-A-BUY. Pass it for now.
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% | Avg. Invested days 0 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 166.86M 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 0.73 | 52 Weeks Range 8.74 - 10.14 | Updated Date 07/1/2025 |
52 Weeks Range 8.74 - 10.14 | Updated Date 07/1/2025 | ||
Dividends yield (FY) 5.41% | 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 242571200 | Price to Sales(TTM) 13.55 |
Enterprise Value 242571200 | Price to Sales(TTM) 13.55 | ||
Enterprise Value to Revenue 45.24 | Enterprise Value to EBITDA - | Shares Outstanding 17961300 | Shares Floating - |
Shares Outstanding 17961300 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 56.24 |
Analyst Ratings
Rating 1 | Target Price 68.24 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Eaton Vance New York MBF
Company Overview
History and Background
Eaton Vance New York Municipal Bond Fund (NYMB) is a closed-end management investment company. It invests primarily in investment-grade municipal securities. It was formerly known as Eaton Vance Municipal Bond Fund and changed its name to Eaton Vance New York Municipal Bond Fund in 2002. The fund was founded in 1988.
Core Business Areas
- Municipal Bond Investments: NYMB invests primarily in investment-grade municipal securities exempt from federal and New York state income taxes.
Leadership and Structure
NYMB is managed by Eaton Vance Management. Specific leadership details are typically found in regulatory filings or on the company website for investor relations.
Top Products and Market Share
Key Offerings
- Municipal Bond Fund: NYMB is a closed-end fund focused on providing current income exempt from federal and New York state income taxes. Market share data for individual closed-end funds is not readily available as it is a small part of the overall investment landscape. Competitors include other municipal bond funds like BlackRock MuniYield New York Fund (MYN) and Nuveen New York AMT-Free Quality Municipal Income Fund (NAN).
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit ratings of municipalities, and tax policies. Demand is often driven by investors seeking tax-advantaged income.
Positioning
NYMB is positioned as a provider of tax-exempt income for New York residents, focusing on investment-grade municipal bonds. Its competitive advantage lies in its experienced management team and established track record.
Total Addressable Market (TAM)
The total municipal bond market is in the trillions of dollars. NYMB's TAM is focused on New York residents seeking tax-advantaged income within this larger market. They are a smaller player seeking higher net-worth clients.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Established track record
- Focus on investment-grade securities
- Tax-exempt income for New York residents
Weaknesses
- Closed-end fund structure can lead to trading at a discount to NAV
- Susceptible to interest rate risk
- Concentrated in New York municipal bonds
- Small cap in the market
Opportunities
- Rising demand for tax-exempt income in a high-tax environment
- Potential for capital appreciation as interest rates decline
- Expansion into other municipal bond sectors
- Increase the number of products offered
Threats
- Rising interest rates
- Credit downgrades of New York municipalities
- Changes in tax laws
- Competition from other municipal bond funds
Competitors and Market Share
Key Competitors
- MYN
- NAN
Competitive Landscape
NYMB competes with other closed-end municipal bond funds based on yield, expense ratio, and investment strategy. Its advantage is its focus on New York bonds. Disadvantage is its small size relative to competitors.
Growth Trajectory and Initiatives
Historical Growth: Historical growth depends on market conditions and fund performance.
Future Projections: Future growth projections are dependent on market conditions and analyst estimates.
Recent Initiatives: Recent initiatives would be announced by Eaton Vance in press releases or investor communications.
Summary
Eaton Vance New York MBF (NYMB) provides tax-exempt income to New York residents through investment-grade municipal bonds. The fund's strength lies in its experienced management. However, its closed-end structure and concentration in New York bonds pose risks. Changes in interest rates and tax laws could significantly impact performance, requiring constant monitoring.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Yahoo Finance
- Eaton Vance Investor Relations
- SEC Filings
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market share estimations are based on assets under management and should be verified with current reports. The data presented are 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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