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Upturn AI SWOT - About
Eaton Vance National Municipal Opportunities Closed Fund (EOT)
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Upturn Advisory Summary
02/06/2025: EOT (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.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 0.03% | Avg. Invested days 62 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 02/06/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 270.78M USD | Price to earnings Ratio 18.63 | 1Y Target Price - |
Price to earnings Ratio 18.63 | 1Y Target Price - | ||
Volume (30-day avg) 60985 | Beta - | 52 Weeks Range 15.56 - 17.82 | Updated Date 03/30/2025 |
52 Weeks Range 15.56 - 17.82 | Updated Date 03/30/2025 | ||
Dividends yield (FY) 5.03% | Basic EPS (TTM) 0.93 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) -448.77% |
Valuation
Trailing PE 18.63 | Forward PE - | Enterprise Value - | Price to Sales(TTM) 6.33 |
Enterprise Value - | Price to Sales(TTM) 6.33 | ||
Enterprise Value to Revenue 7.28 | Enterprise Value to EBITDA - | Shares Outstanding 15624900 | Shares Floating - |
Shares Outstanding 15624900 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 16.18 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Eaton Vance National Municipal Opportunities Closed Fund
Company Overview
History and Background
Eaton Vance National Municipal Opportunities Closed Fund (ticker: EOT) was established to provide current income exempt from regular federal income tax by investing primarily in municipal obligations. It has a long track record of managing municipal bond portfolios.
Core Business Areas
- Municipal Bond Investments: Primarily invests in a diversified portfolio of municipal obligations, focusing on those that generate federally tax-exempt income.
Leadership and Structure
The fund is managed by Eaton Vance Management, a subsidiary of Morgan Stanley Investment Management. Specific portfolio managers oversee the investment decisions.
Top Products and Market Share
Key Offerings
- Tax-Exempt Municipal Bonds: The fund provides investors with exposure to a portfolio of municipal bonds that generate income exempt from federal income tax. Market share data is difficult to directly ascertain as it is a closed-end fund, but it competes with other municipal bond funds and individual bond holdings. Competitors include Nuveen, BlackRock, and Invesco municipal bond funds.
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit ratings of issuers, and overall economic conditions. Demand for tax-exempt income can fluctuate based on tax policy changes.
Positioning
EOT positions itself as a provider of tax-exempt income through a diversified portfolio of municipal bonds. Its competitive advantage lies in the experience and expertise of its management team.
Total Addressable Market (TAM)
The total US municipal bond market is estimated in the trillions of dollars. EOT's TAM is the subset of investors seeking tax-exempt income, positioning the fund to cater to those investors.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Diversified municipal bond portfolio
- Tax-exempt income generation
- Established track record
Weaknesses
- Sensitivity to interest rate changes
- Credit risk of municipal bond issuers
- Discount to net asset value (NAV)
- Management Fees
Opportunities
- Increased demand for tax-exempt income in a higher tax environment
- Potential for capital appreciation through strategic bond selection
- Expansion of the fund's asset base
- Increased credit rating of municipal bond issuers
Threats
- Rising interest rates negatively impacting bond values
- Credit downgrades or defaults by municipal bond issuers
- Changes in tax laws reducing the attractiveness of tax-exempt income
- Increased competition from other municipal bond funds and ETFs
Competitors and Market Share
Key Competitors
- NUV
- MUB
- VTEB
Competitive Landscape
EOT competes with other closed-end and open-end municipal bond funds. Key differentiators include management expertise and portfolio composition.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Growth is primarily driven by the fund's ability to generate tax-exempt income and manage its portfolio effectively.
Future Projections: Future performance will depend on the outlook for interest rates, the creditworthiness of municipal bond issuers, and the fund's management strategies.
Recent Initiatives: Recent initiatives would include any portfolio adjustments, changes in investment strategy, or efforts to enhance shareholder value.
Summary
Eaton Vance National Municipal Opportunities Closed Fund provides tax-exempt income through municipal bond investments. Its strength lies in its experienced management, but it faces risks from interest rate changes and issuer credit quality. Changes in tax laws could impact its attractiveness. The fund must strategically adapt to market dynamics to maintain shareholder value and compete effectively.
Similar Companies
- NUV
- MUB
- VTEB
- HYD
Sources and Disclaimers
Data Sources:
- Eaton Vance Fund Website
- SEC Filings
- Financial News Providers (e.g., Bloomberg, Reuters)
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Consult with a qualified financial advisor before making any investment decisions. Market share data is approximate.
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 National Municipal Opportunities Closed Fund
Exchange NYSE | Headquaters Boston, MA, United States | ||
IPO Launch date 2009-05-27 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
Eaton Vance National Municipal Opportunities Trust is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It primarily invests its assets in municipal obligations. The fund conducts in-house research to make its investments. Eaton Vance National Municipal Opportunities Trust was formed on May 29, 2009 and is domiciled in the United States.
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