Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT - About
Eaton Vance New York MBF (ENX)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/28/2025: 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 -6.58% | Avg. Invested days 35 | 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 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 168.12M 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 0.72 | 52 Weeks Range 8.54 - 9.71 | Updated Date 08/29/2025 |
52 Weeks Range 8.54 - 9.71 | Updated Date 08/29/2025 | ||
Dividends yield (FY) 4.14% | 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 243828496 | Price to Sales(TTM) 13.65 |
Enterprise Value 243828496 | Price to Sales(TTM) 13.65 | ||
Enterprise Value to Revenue 45.24 | Enterprise Value to EBITDA - | Shares Outstanding 17961300 | Shares Floating - |
Shares Outstanding 17961300 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 54.68 |
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. Its investment objective is to provide current income exempt from federal, New York State and New York City income taxes, consistent with the preservation of capital. It invests primarily in municipal bonds exempt from federal, New York State and New York City income taxes.
Core Business Areas
- Municipal Bond Investments: NYMBX primarily invests in municipal bonds, aiming to provide tax-exempt income. These bonds are issued by state and local governments to finance public projects.
Leadership and Structure
The fund is managed by Eaton Vance Management. The fund's leadership team consists of portfolio managers specializing in municipal bond investments.
Top Products and Market Share
Key Offerings
- Tax-Exempt Municipal Bonds: NYMBX offers investors exposure to a diversified portfolio of municipal bonds, generating income exempt from federal, New York State, and New York City income taxes. Market share data is not directly available for individual closed-end funds like NYMBX. Competitors are other municipal bond funds and taxable fixed income investments.
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit quality, and economic conditions. Demand is driven by investors seeking tax-advantaged income.
Positioning
NYMBX is positioned as a provider of tax-exempt income for New York residents. Its competitive advantage lies in its focus on New York municipal bonds.
Total Addressable Market (TAM)
The total municipal bond market is several trillion dollars. NYMBX is positioned to capture a portion of this market by focusing on New York municipal bonds.
Upturn SWOT Analysis
Strengths
- Tax-exempt income for New York residents
- Experienced management team
- Diversified portfolio
Weaknesses
- Closed-end fund structure can lead to trading at a discount to NAV
- Interest rate risk
- Credit risk of municipal bonds
Opportunities
- Increasing demand for tax-advantaged investments
- Rising interest rates can increase yields
- Growth in the New York municipal bond market
Threats
- Rising interest rates can decrease bond values
- Economic downturn can impact credit quality of municipal bonds
- Changes in tax laws can reduce the attractiveness of municipal bonds
Competitors and Market Share
Key Competitors
- NUW
- VNY
- MNY
Competitive Landscape
NYMBX competes with other municipal bond funds for investors seeking tax-exempt income. Its advantage lies in its focus on New York municipal bonds. Disadvantages are possible higher expenses.
Growth Trajectory and Initiatives
Historical Growth: Growth is primarily driven by the fund's investment performance and market conditions.
Future Projections: Future growth is dependent on the outlook for the municipal bond market and the fund's ability to generate tax-exempt income.
Recent Initiatives: The fund's recent initiatives likely involve adjusting its portfolio to adapt to changing market conditions.
Summary
Eaton Vance New York MBF is a closed-end fund providing tax-exempt income to New York residents through municipal bond investments. Its performance is tied to the municipal bond market, with key strengths in its targeted focus and experienced management. Potential weaknesses include interest rate risk and the closed-end fund structure. Monitoring tax law changes and adapting to market conditions are critical for future success.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Eaton Vance Fund Information
- SEC Filings
- Financial News Outlets
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Market share data is estimated and may not be precise. Investment decisions should be based on individual circumstances and after consulting with a qualified financial advisor.
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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.