PMO vs. EVN
Compare and contrast key facts about Putnam Municipal Opportunities Trust (PMO) and Eaton Vance Municipal Income Trust (EVN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PMO or EVN.
Key characteristics
| PMO | EVN | |
|---|---|---|
| YTD Return | 5.88% | 11.97% |
| 1Y Return | 10.72% | 18.32% |
| 3Y Return (Ann) | -4.93% | -3.80% |
| 5Y Return (Ann) | 0.62% | 0.78% |
| 10Y Return (Ann) | 4.04% | 2.83% |
| Sharpe Ratio | 1.04 | 1.74 |
| Sortino Ratio | 1.49 | 2.58 |
| Omega Ratio | 1.19 | 1.31 |
| Calmar Ratio | 0.39 | 0.63 |
| Martin Ratio | 3.66 | 8.04 |
| Ulcer Index | 2.90% | 2.17% |
| Daily Std Dev | 10.15% | 10.03% |
| Max Drawdown | -36.46% | -56.95% |
| Current Drawdown | -19.43% | -14.39% |
Fundamentals
| PMO | EVN | |
|---|---|---|
| Market Cap | $321.78M | $414.52M |
| EPS | $0.59 | $0.44 |
| PE Ratio | 17.56 | 23.75 |
| PEG Ratio | 0.00 | 0.00 |
| Total Revenue (TTM) | $9.27M | $19.99M |
| Gross Profit (TTM) | $8.09M | $15.98M |
| EBITDA (TTM) | $52.57M | $9.05M |
Correlation
The correlation between PMO and EVN 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
PMO vs. EVN - Performance Comparison
In the year-to-date period, PMO achieves a 5.88% return, which is significantly lower than EVN's 11.97% return. Over the past 10 years, PMO has outperformed EVN with an annualized return of 4.04%, while EVN has yielded a comparatively lower 2.83% 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
PMO vs. EVN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Municipal Opportunities Trust (PMO) and Eaton Vance Municipal Income Trust (EVN). 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
PMO vs. EVN - Dividend Comparison
PMO's dividend yield for the trailing twelve months is around 4.01%, less than EVN's 5.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Drawdowns
PMO vs. EVN - Drawdown Comparison
The maximum PMO drawdown since its inception was -36.46%, smaller than the maximum EVN drawdown of -56.95%. Use the drawdown chart below to compare losses from any high point for PMO and EVN. For additional features, visit the drawdowns tool.
Volatility
PMO vs. EVN - Volatility Comparison
Putnam Municipal Opportunities Trust (PMO) has a higher volatility of 4.10% compared to Eaton Vance Municipal Income Trust (EVN) at 3.65%. This indicates that PMO's price experiences larger fluctuations and is considered to be riskier than EVN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
PMO vs. EVN - Financials Comparison
This section allows you to compare key financial metrics between Putnam Municipal Opportunities Trust and Eaton Vance Municipal Income 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