EOT Price Forecast & CEF Analysis. Distribution · NAV · Discount · Expense Ratio · RSI · MACD | US Stocks Today
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🏛️ A closed-end fund (CEF) managed by Eaton Vance, which diversifies investments across municipal bonds throughout the United States, aiming for income exempt from federal income tax. It is a tax-efficient income product that is traded on exchanges like a stock and pays monthly distributions.
It runs 13% of assets on borrowed money.
Borrowing to buy more lifts gains and deepens losses. This is not the same as an ETF tracking 3x a day.
Against the value of what the fund holds it is 9.3% cheaper.
Its holdings are worth $17.50 per share, but it trades at $15.87. Over the past year it usually traded 5.6% below value, so it is cheaper now.
Over the past 1 year, roughly in the middle
11% below its 1-year high.
Traded about as much as usual. That is 118% of its average volume.
Ex-dividend date: November 16
9 days to go. Buy before this date to receive the dividend.
Holding long would have lost money
Bought 5 years ago, your return today would be -28.9%. The S&P 500 did +57% over the same period.
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Dividends are paid consistently
Pays 5.07% annually in dividends.
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Ownership is about average
Institutions hold 23.1%.
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Multiple ETFs hold this stock, but only a sliver
Buying this ETF gives you exposure to this stock as well.
It ranks #982 of 1436 in the industry
Based on market cap of $251M.
FAQ
What kind of CEF is EOT?
EOT is a closed-end fund (CEF).
What is the distribution yield of EOT?
EOT's distribution yield is approximately 5.07%, paid out on a regular basis.
What is the 52-week high and low for EOT?
EOT has recorded a 52-week high of $18.00 and a low of $15.08.