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Eaton Vance Municipal Income Trust (EVN)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
US27826U1088
CUSIP
27826U108
IPO Date
Jan 27, 1999

Highlights

Market Cap
$412.97M
Enterprise Value
$612.51M
EPS (TTM)
$0.94
PE Ratio
11.10
PEG Ratio
197.57
Total Revenue (TTM)
$43.97M
Gross Profit (TTM)
$42.94M
EBITDA (TTM)
$57.66M
Year Range
$9.59 - $11.23
ROA (TTM)
5.81%
ROE (TTM)
8.59%

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Eaton Vance Municipal Income Trust, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Eaton Vance Municipal Income Trust (EVN) has returned -1.89% so far this year and 7.47% over the past 12 months. Over the last ten years, EVN has returned 1.72% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


Eaton Vance Municipal Income Trust

1D
3.17%
1M
-5.32%
YTD
-1.89%
6M
-3.31%
1Y
7.47%
3Y*
6.59%
5Y*
-0.52%
10Y*
1.72%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 27, 1999, EVN's average daily return is +0.02%, while the average monthly return is +0.48%. At this rate, your investment would double in approximately 12.1 years.

Historically, 61% of months were positive and 39% were negative. The best month was Jan 2009 with a return of +39.4%, while the worst month was Oct 2008 at -17.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, EVN closed higher 50% of trading days. The best single day was Oct 13, 2008 with a return of +23.6%, while the worst single day was Oct 6, 2008 at -13.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.46%3.14%-5.32%-1.89%
20252.50%4.78%-4.09%-0.36%1.28%0.31%2.36%0.78%6.43%-0.17%-0.45%-0.83%12.83%
20243.74%0.55%1.44%-3.76%2.04%4.23%3.31%1.80%2.23%-3.65%3.07%-5.85%8.88%
20238.74%-5.91%1.51%1.10%-3.43%1.84%0.48%-3.65%-6.43%-0.71%8.72%3.33%4.35%
2022-8.29%1.65%-7.07%-4.51%3.98%-5.78%7.40%-5.35%-11.03%-1.94%7.91%-3.32%-25.01%
20211.18%-1.74%4.61%0.05%2.53%0.34%2.20%0.47%-3.03%-1.61%1.38%1.22%7.63%

Benchmark Metrics

Eaton Vance Municipal Income Trust has an annualized alpha of 4.46%, beta of 0.20, and R² of 0.05 versus S&P 500 Index. Calculated based on daily prices since January 28, 1999.

  • This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (29.13%) than losses (22.70%) — typical of diversified or defensive assets.
  • Beta of 0.20 may look defensive, but with R² of 0.05 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
  • R² of 0.05 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
4.46%
Beta
0.20
0.05
Upside Capture
29.13%
Downside Capture
22.70%

Return for Risk

Risk / Return Rank

EVN ranks 60 for risk / return — on par with similar stocks. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


EVN Risk / Return Rank: 6060
Overall Rank
EVN Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
EVN Sortino Ratio Rank: 5656
Sortino Ratio Rank
EVN Omega Ratio Rank: 5353
Omega Ratio Rank
EVN Calmar Ratio Rank: 5858
Calmar Ratio Rank
EVN Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Eaton Vance Municipal Income Trust (EVN) and compare them to a chosen benchmark (S&P 500 Index).


EVNBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.68

0.90

-0.22

Sortino ratio

Return per unit of downside risk

1.06

1.39

-0.32

Omega ratio

Gain probability vs. loss probability

1.13

1.21

-0.08

Calmar ratio

Return relative to maximum drawdown

0.77

1.40

-0.63

Martin ratio

Return relative to average drawdown

3.07

6.61

-3.54

Explore EVN risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Eaton Vance Municipal Income Trust provided a 5.91% dividend yield over the last twelve months, with an annual payout of $0.62 per share. The company has been increasing its dividends for 2 consecutive years.


4.00%4.50%5.00%5.50%6.00%6.50%$0.00$0.20$0.40$0.60$0.8020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.62$0.62$0.58$0.47$0.55$0.57$0.56$0.57$0.62$0.67$0.76$0.89

Dividend yield

5.91%5.72%5.78%4.80%5.60%4.14%4.20%4.46%5.50%5.37%6.06%6.46%

Monthly Dividends

The table displays the monthly dividend distributions for Eaton Vance Municipal Income Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.05$0.05$0.05$0.15
2025$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.62
2024$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.58
2023$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.47
2022$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.04$0.04$0.04$0.55
2021$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.57

Dividend Yield & Payout


Dividend Yield

Eaton Vance Municipal Income Trust has a dividend yield of 5.91%, which means its dividend payment is significantly above the market average.

Payout Ratio

Eaton Vance Municipal Income Trust has a payout ratio of 125.90%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Eaton Vance Municipal Income Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Eaton Vance Municipal Income Trust was 56.87%, occurring on Dec 16, 2008. Recovery took 409 trading sessions.

The current Eaton Vance Municipal Income Trust drawdown is 7.91%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-56.87%May 14, 2007404Dec 16, 2008409Aug 3, 2010813
-32.92%Apr 14, 1999284May 25, 2000404Jan 8, 2002688
-32.84%Sep 22, 2021525Oct 23, 2023
-27.63%Feb 24, 202021Mar 23, 2020169Nov 19, 2020190
-27.4%Mar 7, 2013130Sep 10, 2013252Sep 10, 2014382

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Eaton Vance Municipal Income Trust over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Eaton Vance Municipal Income Trust is priced in the market compared to other companies in the Asset Management industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for EVN, comparing it with other companies in the Asset Management industry. Currently, EVN has a P/E ratio of 11.1. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for EVN compared to other companies in the Asset Management industry. EVN currently has a PEG ratio of 197.6. This PEG ratio is higher than the industry average, which may suggest the stock is overvalued relative to its expected earnings growth.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for EVN relative to other companies in the Asset Management industry. Currently, EVN has a P/S ratio of 9.4. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for EVN in comparison with other companies in the Asset Management industry. Currently, EVN has a P/B value of 1.0. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items