Eaton Vance Municipal Income Trust chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.75
Dividend & Yield0.49$ (4.91%)
Beta 0.35
Market capitalization 400.64M
Operating cash flow 79.5M
ESG Scores unknown

Company description

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.

Sector: Financial Services - Industry: Asset Management

Financial Ratios
Quick Ratio2.71
Working Capital2.07
Return On Equity0.05
Debt To Equity0.52
Fixed Asset Ratio-0.13
Fixed Interest Cover16

Financial data

Financial Statements

Cashflow Statement 2019-11-30 2020-11-30 2021-11-30 2022-11-30
Change To Liabilities
Total Cashflows From Investing Activities
Net Borrowings -2.12M -14.04M -11.8M -62.52M
Total Cash From Financing Activities -18.68M -36.31M -34.51M -84.69M
Change To Operating Activities -167.85k -1.13M -92.2k 715.67k
Issuance Of Stock
Net Income 61.53M 35.58M 26.83M -95.94M
Change In Cash -1.38M 1.33M 6.2M -5.2M
Effect Of Exchange Rate
Total Cash From Operating Activities 17.29M 37.63M 40.7M 79.5M
Depreciation
Change To Account Receivables -1.07M 867.14k 575.22k 744.42k
Other Cashflows From Financing Activities 5.47M
Change To Netincome -43M 2.31M 13.39M 173.98M
Capital Expenditures

Income Statement 2019-11-30 2020-11-30 2021-11-30 2022-11-30
Research Development
Income Before Tax 61.53M 35.58M 26.83M -95.94M
Net Income 61.53M 35.58M 26.83M -95.94M
Selling General Administrative 5.97M 5.75M 5.61M 5.09M
Gross Profit 32.46M 32.37M 31.51M 29.61M
Ebit 26.49M 26.62M 25.9M 24.53M
Operating Income 26.49M 26.62M 25.9M 24.53M
Interest Expense -6.36M -3.86M -1.62M -3.92M
Income Tax Expense
Total Revenue 32.46M 32.37M 31.51M 29.61M
Cost Of Revenue
Total Other Income ExpenseNet 35.04M 8.96M 923.31k -120.47M
Net Income From Continuing Ops 61.53M 35.58M 26.83M -95.94M
Net Income Applicable To Common Shares 61.53M 35.58M 26.83M -95.94M

Balance Sheet Statement 2019-11-30 2020-11-30 2021-11-30 2022-11-30
Total Liabilities 320.51M 306.18M 300.65M 234.45M
Total Stockholder Equity 546.98M 560.3M 564.42M 446.31M
Other Current Liabilities
Total Assets 867.5M 866.49M 865.08M 680.76M
Common Stock 396.67k 396.67k 396.67k 396.67k
Other Current Assets
Retained Earnings 67.92M 81.32M 85.44M -32.68M
Treasury Stock
Cash 2.52M 3.85M 10.05M 4.85M
Total Current Liabilities 2.33M 1.2M 7.58M 5.45M
Other Stockholder Equity
Property, Plant, and Equipment
Total Current Assets 13.87M 14.25M 20.54M 16.76M
Net Tangible Assets 546.98M 560.3M 564.42M 446.31M
Net Receivables 11.35M 10.4M 10.49M 11.91M
Accounts Payable 6.48M 3.63M


Insider Transactions

Here are the insider transactions of stock shares related to Eaton Vance Municipal Income Trust:

Filer Name Transaction Text Ownership Date Filer Relation Shares
RICHARDSON DUNCAN WPurchase at price 13.10 per share.D2007-11-21Unknown1k
METZOLD THOMAS MSale at price 15.15 - 15.18 per share.D2004-07-09Officer29.62k
METZOLD THOMAS MPurchase at price 14.09 per share.D2003-08-06Officer900
METZOLD THOMAS MPurchase at price 13.95 - 13.97 per share.D2003-08-05Officer4.5k
FETTER THOMAS JPurchase at price 13.85 per share.I2003-08-04President3k
SCHER LILLY PPurchase at price 15.13 - 15.14 per share.I2003-06-25Officer600
DELAHUNTY WILLIAM J JRPurchase at price 14.44 per share.D2003-03-12Affiliate of Investment Advisor2k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Eaton Vance Municipal Income Trust. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Eaton Vance Municipal Income Trust

Here is the result of two systematic investment strategies applied to Eaton Vance Municipal Income Trust. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Eaton Vance Municipal Income Trust

The following chart shows the equity curve of the two systematic investment strategies applied to Eaton Vance Municipal Income Trust:

Eaton Vance Municipal Income Trust automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 11.55% on the backtest period.

Performance at glance

Performance

11.55 %

Latent gain

257.78 $

Invested capital

2232.62 $

Annualized return

2.79 %
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Momentum strategy results on Eaton Vance Municipal Income Trust

This is the result of two momentum investment strategies applied to Eaton Vance Municipal Income Trust. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Eaton Vance Municipal Income Trust

The following chart shows all the entries opened by the momentum investment system on Eaton Vance Municipal Income Trust:

Eaton Vance Municipal Income Trust momentum entries
  • The first momentum investment strategy would give 12.83% of return on Eaton Vance Municipal Income Trust. That represents 675.66$ of latent gain with 5267.34$ of employed capital.
  • The second momentum investment strategy would give 15.01% of return on Eaton Vance Municipal Income Trust. That represents 563.21$ of latent gain with 3752.54$ of employed capital.
Performance at glance (1Q Momentum)

Performance

12.83 %

Latent gain

675.66 $

Invested capital

5267.34 $

Annualized return

5.44 %
Performance at glance (2Q Momentum)

Performance

15.01 %

Latent gain

563.21 $

Invested capital

3752.54 $

Annualized return

4.1 %

Momentum equity curve on Eaton Vance Municipal Income Trust

The following chart shows the equity curve of the two momentum strategies applied to Eaton Vance Municipal Income Trust:

Eaton Vance Municipal Income Trust momentum equity

Note: the dividends potentially given by Eaton Vance Municipal Income Trust are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Eaton Vance Municipal Income Trust

The following chart shows the employed capital evolution of the two momentum strategies on Eaton Vance Municipal Income Trust since the beginning:

Eaton Vance Municipal Income Trust

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Eaton Vance Municipal Income Trust

Buy the dip entry openings on Eaton Vance Municipal Income Trust

Eaton Vance Municipal Income Trust

The performance achieved by the robo-advisor on Eaton Vance Municipal Income Trust is 11.64%. That represents 146.05$ of latent gain with 1254.8$ of employed capital. The following chart shows Eaton Vance Municipal Income Trust stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Eaton Vance Municipal Income Trust, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

11.64 %

Latent gain

146.05 $

Invested capital

1254.8 $

Annualized return

5.44 %

Equity curve of the strategy applied to Eaton Vance Municipal Income Trust

The following chart shows the result of the investment strategy applied to Eaton Vance Municipal Income Trust:

Eaton Vance Municipal Income Trust

Note: the dividends potentially given by Eaton Vance Municipal Income Trust are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Eaton Vance Municipal Income Trust

The following chart shows the employed capital evolution since the beginning of the investment strategy on Eaton Vance Municipal Income Trust:

Eaton Vance Municipal Income Trust

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Eaton Vance Municipal Income Trust

In this section, I will compare the three previous investment strategies applied to Eaton Vance Municipal Income Trust.

Equity curve comparison on Eaton Vance Municipal Income Trust

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Eaton Vance Municipal Income Trust investment strategy comparison

Employed capital comparison on Eaton Vance Municipal Income Trust

Eaton Vance Municipal Income Trust investment comparison

Performance comparison on Eaton Vance Municipal Income Trust

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 11.55% 257.78$ 2232.62$ 2.79%
Momentum 1 quarter 12.83% 675.66$ 5267.34$ 3.29%
Momentum 2 quarters 15.01% 563.21$ 3752.54$ 4.1%
Non-directional 11.64% 146.05$ 1254.8$ 5.44%
Annualized return comparison

Automatic investment

2.79 %

Momentum 1Q

4.1 %

Momentum 2Q

4.1 %

Non-directional

5.44 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Eaton Vance Municipal Income Trust:

Note: The algorithm computes the probability of correlation between Eaton Vance Municipal Income Trust and the other stocks. There may be false positives or some missing correlated stocks. If the price of Eaton Vance Municipal Income Trust does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Eaton Vance Municipal Income Trust
Country United States
City Boston
Address Two International Place
Phone 617-482-8260
Website funds.eatonvance.com/Municipal-Income-Trust-EVN.php
FullTime employees
Industry Asset Management
Sector Financial Services
Exchange XNYS
Ticker EVN
Market www.nyse.com

Eaton Vance Municipal Income Trust ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown