EVN vs. PMO
Compare and contrast key facts about Eaton Vance Municipal Income Trust (EVN) and Putnam Municipal Opportunities Trust (PMO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EVN or PMO.
Key characteristics
| EVN | PMO | |
|---|---|---|
| YTD Return | 11.97% | 5.88% |
| 1Y Return | 18.32% | 10.72% |
| 3Y Return (Ann) | -3.80% | -4.93% |
| 5Y Return (Ann) | 0.78% | 0.62% |
| 10Y Return (Ann) | 2.83% | 4.04% |
| Sharpe Ratio | 1.74 | 1.04 |
| Sortino Ratio | 2.58 | 1.49 |
| Omega Ratio | 1.31 | 1.19 |
| Calmar Ratio | 0.63 | 0.39 |
| Martin Ratio | 8.04 | 3.66 |
| Ulcer Index | 2.17% | 2.90% |
| Daily Std Dev | 10.03% | 10.15% |
| Max Drawdown | -56.95% | -36.46% |
| Current Drawdown | -14.39% | -19.43% |
Fundamentals
| EVN | PMO | |
|---|---|---|
| Market Cap | $414.52M | $321.78M |
| EPS | $0.44 | $0.59 |
| PE Ratio | 23.75 | 17.56 |
| PEG Ratio | 0.00 | 0.00 |
| Total Revenue (TTM) | $19.99M | $9.27M |
| Gross Profit (TTM) | $15.98M | $8.09M |
| EBITDA (TTM) | $9.05M | $52.57M |
Correlation
The correlation between EVN and PMO is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EVN vs. PMO - Performance Comparison
In the year-to-date period, EVN achieves a 11.97% return, which is significantly higher than PMO's 5.88% return. Over the past 10 years, EVN has underperformed PMO with an annualized return of 2.83%, while PMO has yielded a comparatively higher 4.04% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
EVN vs. PMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Municipal Income Trust (EVN) and Putnam Municipal Opportunities Trust (PMO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
EVN vs. PMO - Dividend Comparison
EVN's dividend yield for the trailing twelve months is around 5.44%, more than PMO's 4.01% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVN Eaton Vance Municipal Income Trust | 5.44% | 4.83% | 5.62% | 4.17% | 4.21% | 4.42% | 5.48% | 5.35% | 6.08% | 6.47% | 6.71% | 8.79% |
PMO Putnam Municipal Opportunities Trust | 4.01% | 4.63% | 5.86% | 4.42% | 5.62% | 4.84% | 5.53% | 5.25% | 5.92% | 5.86% | 6.01% | 6.35% |
Drawdowns
EVN vs. PMO - Drawdown Comparison
The maximum EVN drawdown since its inception was -56.95%, which is greater than PMO's maximum drawdown of -36.46%. Use the drawdown chart below to compare losses from any high point for EVN and PMO. For additional features, visit the drawdowns tool.
Volatility
EVN vs. PMO - Volatility Comparison
The current volatility for Eaton Vance Municipal Income Trust (EVN) is 3.65%, while Putnam Municipal Opportunities Trust (PMO) has a volatility of 4.10%. This indicates that EVN experiences smaller price fluctuations and is considered to be less risky than PMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
EVN vs. PMO - Financials Comparison
This section allows you to compare key financial metrics between Eaton Vance Municipal Income Trust and Putnam Municipal Opportunities Trust. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities