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Upturn AI SWOT - About
Eaton Vance Municipal Income Closed Fund (EVN)
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Upturn Advisory Summary
08/28/2025: 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 17.72% | Avg. Invested days 69 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 08/28/2025 |
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. Founded as part of Eaton Vance Management.
Core Business Areas
- Municipal Bond Investments: Invests in a diversified portfolio of municipal securities to generate income exempt from federal income tax.
Leadership and Structure
The fund is managed by portfolio managers within Eaton Vance Management. The structure involves oversight by the board of directors.
Top Products and Market Share
Key Offerings
- Tax-Exempt Municipal Bonds: The fund primarily offers exposure to a portfolio of tax-exempt municipal bonds. Market share data is difficult to pinpoint exactly for a single fund, as it's a small part of the broader municipal bond market. Competitors include other closed-end municipal bond funds managed by firms like BlackRock, Nuveen, and Invesco.
Market Dynamics
Industry Overview
The municipal bond market is influenced by factors such as interest rates, credit ratings, and economic conditions. Demand is driven by investors seeking tax-advantaged income.
Positioning
Eaton Vance Municipal Income Closed Fund is positioned to provide tax-exempt income to investors. Competitive advantages may include active management and security selection skills.
Total Addressable Market (TAM)
The total addressable market for municipal bonds is estimated to be in the trillions of dollars. The fund captures a small portion of this TAM through its investment strategies.
Upturn SWOT Analysis
Strengths
- Experienced Management Team
- Tax-Exempt Income
- Diversified Portfolio
Weaknesses
- Interest Rate Sensitivity
- Credit Risk
- Discount to NAV (Net Asset Value)
Opportunities
- Rising Interest Rates (potentially increasing yield)
- Increased Demand for Tax-Exempt Income
- Active Management Value Add
Threats
- Economic Downturn (leading to credit downgrades)
- Changes in Tax Laws
- Increased Competition
Competitors and Market Share
Key Competitors
- VBF
- NVG
- MUB
Competitive Landscape
The fund competes with other closed-end municipal bond funds and exchange-traded funds (ETFs). The competitive landscape is influenced by factors such as performance, fees, and investment strategy.
Growth Trajectory and Initiatives
Historical Growth: Growth is dependent on the fund's ability to generate income and manage expenses effectively.
Future Projections: Future growth is dependent on market conditions, interest rates, and the fund's investment strategy. Analyst estimates are available from various financial data providers.
Recent Initiatives: Recent initiatives may include adjustments to the portfolio based on market conditions and investment opportunities.
Summary
Eaton Vance Municipal Income Closed Fund provides investors with tax-exempt income through a diversified portfolio of municipal bonds. The fund's performance is sensitive to interest rate changes and credit risk. A competitive advantage is their experienced management team, however, a key threat is changes to tax laws. Overall, it offers steady income if managed well in a stable economy but it is critical to follow their financial management.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Eaton Vance Fund Factsheets
- Financial Data Providers (e.g., Bloomberg, Reuters)
- SEC Filings
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Market conditions and fund performance 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 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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