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Upturn AI SWOT - About
Eaton Vance Municipal Income Closed Fund (EVN)
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Upturn Advisory Summary
07/08/2025: EVN (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
0 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
Analysis of Past Performance
Type Stock | Historic Profit 0.68% | Avg. Invested days 4 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/08/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 406.59M USD | Price to earnings Ratio 11.02 | 1Y Target Price - |
Price to earnings Ratio 11.02 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.6 | 52 Weeks Range 9.59 - 11.31 | Updated Date 06/29/2025 |
52 Weeks Range 9.59 - 11.31 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 6.01% | Basic EPS (TTM) 0.93 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 128.84% | Operating Margin (TTM) 85.13% |
Management Effectiveness
Return on Assets (TTM) 2.4% | Return on Equity (TTM) 8.21% |
Valuation
Trailing PE 11.02 | Forward PE - | Enterprise Value 586141568 | Price to Sales(TTM) 14.24 |
Enterprise Value 586141568 | Price to Sales(TTM) 14.24 | ||
Enterprise Value to Revenue 15.2 | Enterprise Value to EBITDA - | Shares Outstanding 39667200 | Shares Floating - |
Shares Outstanding 39667200 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 20.57 |
Upturn AI SWOT
Eaton Vance Municipal Income Closed Fund
Company Overview
History and Background
Eaton Vance Municipal Income Trust was founded to provide investors with income exempt from federal income tax by investing in municipal securities. The fund has been actively managed to adapt to market changes.
Core Business Areas
- Municipal Bond Investments: Invests in a diversified portfolio of municipal bonds to generate income exempt from federal income tax.
Leadership and Structure
Eaton Vance is part of Morgan Stanley Investment Management. The portfolio is managed by experienced investment professionals specializing in municipal bond markets.
Top Products and Market Share
Key Offerings
- Municipal Income Fund: Provides income exempt from federal income tax through investment in municipal bonds. Market share data is difficult to determine precisely for individual closed-end funds, as market share is more relevant at the asset management firm level (Morgan Stanley). Competitors include Nuveen, BlackRock, and Franklin Templeton funds focusing on municipal bonds.
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit ratings, and tax law changes. Demand is driven by investors seeking tax-exempt income.
Positioning
Eaton Vance Municipal Income Trust is positioned as a provider of tax-exempt income, appealing to investors in higher tax brackets. Competitive advantages lie in the expertise of its management team and established track record.
Total Addressable Market (TAM)
The TAM for municipal bonds is multi-trillion. Eaton Vance is positioned to capture a share of this market through its expertise and established brand.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Established track record
- Diversified portfolio of municipal bonds
- Tax-exempt income for investors
Weaknesses
- Sensitivity to interest rate changes
- Credit risk of municipal bonds
- Market volatility can impact NAV
- Reliance on single investment strategy
Opportunities
- Increasing demand for tax-exempt income
- Potential for capital appreciation in a favorable interest rate environment
- Expansion into new municipal bond sectors
- Increased marketing to attract new investors
Threats
- Rising interest rates
- Credit downgrades of municipal bonds
- Changes in tax laws reducing the attractiveness of tax-exempt income
- Increased competition from other municipal bond funds
Competitors and Market Share
Key Competitors
- Nuveen AMT-Free Quality Municipal Income Fund (NEA)
- BlackRock Municipal Income Trust (BFK)
- Franklin Universal Trust (FT)
- Invesco Municipal Opportunity Trust (VMO)
Competitive Landscape
The fund's advantage lies in its experienced management. Disadvantages may include a higher expense ratio compared to some competitors.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is tied to performance of the municipal bond market and the fund's ability to generate income.
Future Projections: Future projections depend on economic conditions and interest rate forecasts.
Recent Initiatives: Recent initiatives may include adjustments to the portfolio to adapt to changing market conditions.
Summary
Eaton Vance Municipal Income Trust offers tax-exempt income to investors through a portfolio of municipal bonds. Its strength lies in its experienced management team. However, the fund is exposed to interest rate risk and credit risk. Future performance hinges on the health of the municipal bond market and the fund's ability to generate consistent income.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Eaton Vance Website
- SEC Filings
- Financial News Outlets
- Morningstar
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 data is estimated.
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 Municipal Income Closed Fund
Exchange NYSE | Headquaters Boston, MA, United States | ||
IPO Launch date 1999-01-27 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
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.
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