Eaton Vance Municipal Income Trust logo

Eaton Vance Municipal Income Trust (EVN)

Market Closed
16 Oct, 08:00 PM
NYSE NYSE
$
9. 58
+0.07
+0.7361%
$
- Market Cap
- Div Yield
106,800 Volume
$ 9.51
Previous Close
Add Transaction
Day Range
9.48 9.61
Year Range
9 11.26
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EVN: Investment Grade Muni Bonds, Federally Tax Free

EVN: Investment Grade Muni Bonds, Federally Tax Free

Eaton Vance Municipal Income Trust is rated a buy for high-income investors seeking federally tax-free income and attractive taxable equivalent yields. EVN offers a 5.9% annual yield paid monthly, translating to an 8-9% taxable equivalent yield for investors in 30%+ tax brackets. The fund's portfolio is 57.9% investment grade, utilizes 40% leverage, and currently trades at a -2.43% discount to NAV.

Seekingalpha | 6 months ago