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.
Correlation
The correlation between PMO and EVN is 0.11, 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
Loading data...
Key characteristics
PMO:
0.38
EVN:
0.93
PMO:
0.60
EVN:
1.19
PMO:
1.08
EVN:
1.14
PMO:
0.17
EVN:
0.40
PMO:
1.13
EVN:
1.77
PMO:
3.95%
EVN:
4.72%
PMO:
11.16%
EVN:
10.63%
PMO:
-36.46%
EVN:
-56.96%
PMO:
-21.37%
EVN:
-12.27%
Fundamentals
PMO:
$296.26M
EVN:
$414.52M
PMO:
$2.15
EVN:
$0.93
PMO:
4.66
EVN:
11.24
PMO:
0.00
EVN:
0.00
PMO:
13.87
EVN:
14.52
PMO:
0.88
EVN:
0.91
PMO:
$7.94M
EVN:
$25.52M
PMO:
$6.66M
EVN:
$23.56M
PMO:
$17.24M
EVN:
$27.67M
Returns By Period
In the year-to-date period, PMO achieves a 0.18% return, which is significantly lower than EVN's 5.46% return. Over the past 10 years, PMO has outperformed EVN with an annualized return of 3.40%, while EVN has yielded a comparatively lower 2.68% annualized return.
PMO
0.18%
5.20%
-2.79%
4.26%
1.00%
3.40%
EVN
5.46%
5.13%
1.65%
9.14%
2.47%
2.68%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
PMO vs. EVN — Risk-Adjusted Performance Rank
PMO
EVN
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.
Loading data...
Dividends
PMO vs. EVN - Dividend Comparison
PMO's dividend yield for the trailing twelve months is around 4.20%, less than EVN's 5.84% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMO Putnam Municipal Opportunities Trust | 4.20% | 4.15% | 4.64% | 5.87% | 4.42% | 5.63% | 4.85% | 5.55% | 5.26% | 5.88% | 5.81% | 5.95% |
EVN Eaton Vance Municipal Income Trust | 5.84% | 5.78% | 4.80% | 5.60% | 4.14% | 4.20% | 4.46% | 5.50% | 5.37% | 6.06% | 6.46% | 6.71% |
Drawdowns
PMO vs. EVN - Drawdown Comparison
The maximum PMO drawdown since its inception was -36.46%, smaller than the maximum EVN drawdown of -56.96%. Use the drawdown chart below to compare losses from any high point for PMO and EVN. For additional features, visit the drawdowns tool.
Loading data...
Volatility
PMO vs. EVN - Volatility Comparison
Putnam Municipal Opportunities Trust (PMO) and Eaton Vance Municipal Income Trust (EVN) have volatilities of 3.26% and 3.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...
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