Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
- Analyst Ratings
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
04/01/2025: EVN (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 10.49% | Avg. Invested days 60 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 410.95M USD | Price to earnings Ratio 11.14 | 1Y Target Price - |
Price to earnings Ratio 11.14 | 1Y Target Price - | ||
Volume (30-day avg) 92207 | Beta 0.53 | 52 Weeks Range 9.33 - 11.04 | Updated Date 04/2/2025 |
52 Weeks Range 9.33 - 11.04 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 5.94% | Basic EPS (TTM) 0.93 |
Earnings Date
Report Date 2025-03-13 | When After Market | 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 11.14 | Forward PE - | Enterprise Value 590504960 | Price to Sales(TTM) 14.4 |
Enterprise Value 590504960 | Price to Sales(TTM) 14.4 | ||
Enterprise Value to Revenue 15.21 | Enterprise Value to EBITDA - | Shares Outstanding 39667200 | Shares Floating - |
Shares Outstanding 39667200 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 21.15 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Eaton Vance Municipal Income Closed Fund
Company Overview
History and Background
Eaton Vance Municipal Income Trust (EIM) is a closed-end investment fund. It was formed to seek high current income, exempt from federal income tax, consistent with the preservation of capital. The fund has been operating for several decades.
Core Business Areas
- Investment Management: Manages a portfolio of municipal securities to generate tax-exempt income for investors.
Leadership and Structure
Eaton Vance is part of Morgan Stanley Investment Management. Portfolio management is handled by a team of investment professionals.
Top Products and Market Share
Key Offerings
- Municipal Bond Portfolio: A diversified portfolio of municipal bonds designed to provide tax-exempt income. Market share data is not readily available as this is a closed-end fund, but assets under management are a relevant metric. Competitors include other municipal bond funds like BlackRock MuniYield Investment Quality Fund (MFT) and Nuveen Quality Municipal Fund (NAD).
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit ratings of municipalities, and tax policies. Demand is driven by investors seeking tax-advantaged income.
Positioning
EIM aims to provide consistent tax-exempt income through active management of its municipal bond portfolio. Its competitive advantage lies in its experienced management team and established track record.
Total Addressable Market (TAM)
The TAM for municipal bonds is in the trillions of dollars. EIM is positioned to capture a portion of this market by providing a diversified investment option focused on tax-exempt income.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Established track record
- Tax-exempt income
- Diversified portfolio
Weaknesses
- Subject to interest rate risk
- Credit risk of municipal issuers
- Closed-end fund structure can lead to price volatility
- Management fees reduce returns
Opportunities
- Increasing demand for tax-exempt income
- Rising interest rates could increase yields
- Potential for capital appreciation
- Expansion into new municipal bond sectors
Threats
- Changes in tax laws
- Economic downturn affecting municipal creditworthiness
- Rising interest rates could decrease bond values
- Increased competition from other municipal bond funds
Competitors and Market Share
Key Competitors
- MFT
- NAD
- VFLUX
- HYT
Competitive Landscape
EIM competes with other closed-end municipal bond funds based on its yield, expense ratio, and track record. Its advantages include its experienced management team. Disadvantages are linked to price volatility and credit risk.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Growth is reflected in the fund's net asset value (NAV) and market price. Over time, the fund's performance will depend on the municipal bond market and the management team's investment decisions.
Future Projections: Future growth is tied to the municipal bond market and the fund's ability to generate tax-exempt income. Analyst estimates can be found on financial websites.
Recent Initiatives: Initiatives often include adjusting the portfolio's composition to take advantage of market opportunities and managing risk.
Summary
Eaton Vance Municipal Income Trust (EIM) offers a tax-exempt income stream through a diversified portfolio of municipal bonds, managed by an experienced team. The fund's strengths lie in its established track record and ability to generate consistent income. However, it faces risks such as interest rate sensitivity and credit risk. Investors should consider their risk tolerance and investment objectives before investing in EIM.
Similar Companies
Sources and Disclaimers
Data Sources:
- Eaton Vance official website
- Financial websites (e.g., Yahoo Finance, Bloomberg)
- SEC filings
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor. Market share data is estimated based on available assets under management and may not be precise.
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.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
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.