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1 Comment
Eaton Vance Municipal Income Trust is currently in a long term uptrend where the price is trading 5.6% above its 200 day moving average.
From a valuation standpoint, the stock is 60.0% more expensive than other stocks from the Financial Services sector with a price to sales ratio of 14.5.
Eaton Vance Municipal Income Trust's total revenue sank by 6.5% to $16M since the same quarter in the previous year.
Its net income has increased by 89.1% to $36M since the same quarter in the previous year.
Finally, its free cash flow fell by 34.7% to $13M since the same quarter in the previous year.
Based on the above factors, Eaton Vance Municipal Income Trust gets an overall score of 2/5.
| Industry | Asset Management |
|---|---|
| ISIN | US27826U1088 |
| Sector | Financial Services |
| Exchange | NYSE |
| CurrencyCode | USD |
| Dividend Yield | 4.8% |
|---|---|
| PE Ratio | None |
| Target Price | None |
| Market Cap | 400M |
| Beta | 0.37 |
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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