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 Municipal Income Closed Fund (EVN)
- 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
09/12/2025: 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.
Analysis of Past Performance
Type Stock | Historic Profit 25.78% | Avg. Invested days 70 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/12/2025 |
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 Closed Fund was established to provide current income exempt from federal income tax by investing primarily in municipal securities. It leverages Eaton Vance's extensive experience in municipal bond investing.
Core Business Areas
- Municipal Bond Investments: The fund invests primarily in a diversified portfolio of municipal securities rated investment grade or, if unrated, determined to be of comparable quality by Eaton Vance.
Leadership and Structure
The fund is managed by Eaton Vance Management. The fund operates under a board of directors/trustees who oversee its activities.
Top Products and Market Share
Key Offerings
- Municipal Income Closed-End Fund: A closed-end fund focusing on tax-exempt municipal bonds. Market share data is not publicly available at a granular level for specific closed-end funds. Competitors include other municipal bond closed-end funds like BlackRock and Nuveen funds.
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit quality of municipalities, and tax policy changes. Demand is driven by investors seeking tax-exempt income.
Positioning
Eaton Vance Municipal Income Closed Fund aims to provide competitive tax-exempt income through active management of its municipal bond portfolio. Its competitive advantage lies in Eaton Vance's expertise in municipal credit analysis.
Total Addressable Market (TAM)
The TAM is the total value of the municipal bond market, which is trillions of dollars. The fund aims to capture a portion of the market by managing a specific portfolio. Positioning is through specialized management.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Diversified municipal bond portfolio
- Focus on tax-exempt income
- Established brand reputation (Eaton Vance)
Weaknesses
- Closed-end fund structure can lead to trading at a discount to NAV
- Sensitivity to interest rate changes
- Reliance on management expertise
- Expense ratios impacting net returns
Opportunities
- Increasing demand for tax-advantaged investments
- Potential for rising interest rates to increase income
- Active management to capitalize on market inefficiencies
- Expansion of product offerings within municipal bond space
Threats
- Rising interest rates negatively impacting bond prices
- Credit downgrades of municipal issuers
- Changes in tax laws reducing demand for tax-exempt bonds
- Increased competition from other municipal bond funds and ETFs
Competitors and Market Share
Key Competitors
- MUB
- VTEB
- ITM
- HYMB
Competitive Landscape
The fund competes with other municipal bond funds for investor capital. Its performance and expense ratio are key differentiators.
Growth Trajectory and Initiatives
Historical Growth: Growth depends on market conditions and the fund's ability to generate competitive returns.
Future Projections: Future projections depend on interest rate outlook and economic conditions affecting municipalities.
Recent Initiatives: Recent initiatives focus on optimizing the portfolio to enhance yield and manage risk.
Summary
Eaton Vance Municipal Income Closed Fund offers tax-exempt income through a actively managed portfolio of municipal bonds. The closed-end fund structure can lead to trading at a discount, posing a risk but it leverages Eaton Vance's expertise and established brand. Opportunities lie in increasing demand for tax-advantaged investments, however, it is susceptible to interest rate changes and municipal credit quality.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Eaton Vance Fund Website
- SEC Filings
- 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 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 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.
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.