|Bid||9.56 x 800|
|Ask||9.57 x 1800|
|Day's Range||9.54 - 9.68|
|52 Week Range||8.60 - 12.38|
|Beta (3Y Monthly)||0.87|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.87 (8.93%)|
|1y Target Est||N/A|
While cheaper stocks have underperformed in the last decade, Eaton Vance Management’s 88-year-old Large-Cap Value Fund, one of the oldest U.S. mutual funds, is beating the market and peers this year in defiance of the overall trend. Value can be a winner if you look at the right metrics, according to Edward J. Perkin, the chief equity investment officer who oversees $45 billion at the Boston-based firm. Investors who are limiting stock selection to more traditional metrics such as price-to-earnings and price-to-book ratios risk getting involved with businesses that are burdened by leverage and insufficient cash flows, says Perkin.
was rising more than 6% Tuesday to $39.60 after fiscal second-quarter earnings for the Boston-based hedge fund topped Wall Street estimates. "Strong market returns and continued net inflows combined to drive Eaton Vance's consolidated assets under management to record levels in the second quarter of fiscal 2019," said Thomas E. Faust Jr., Chairman and Chief Executive Officer. Eaton Vance shares have risen 12.6% year to date.
The Boston-based company said it had profit of 89 cents per share. The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings ...
Tom Faust says he’s “flipped the switch” to integrate ESG considerations across the asset management firm.
BOSTON , May 1, 2019 /PRNewswire/ -- The following Eaton Vance closed-end funds (the "Funds") announced distributions today as detailed below. Declaration – 5/1/2019 Ex-Date – 5/10/2019 ...
BOSTON , April 30, 2019 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their April distributions (each a "Fund"). This press release is ...
Eaton Vance Corp said on Wednesday it plans to launch a new kind of exchange-traded fund (ETF) that would keep its investments secret, marking its second effort to thwart or at least profit from the trend away from higher-cost mutual funds. Most ETFs, which hold a basket of stocks, bonds or other investments, are required to disclose their holdings, discouraging "active" managers who want their trades to be private from offering such funds. Many ETFs track an index and have become a lower-cost alternative to funds that aim to beat the market.
The Eaton Vance Worldwide Health Sciences Fund (Trades, Portfolio), which provides advanced, customized solutions to forward-thinking investors, sold shares of the following stocks during the third quarter. Warning! GuruFocus has detected 4 Warning Signs with DLTR. The fund closed its Aetna Inc. (AET) holding.
Then, in early October, price broke below support and subsequently went into a well-defined downtrend of a series of lower highs and lower lows through the end of 2018. Shortly thereafter, EV managed to surpass initial $37.00 resistance as well as its 50-day moving average, again accompanied by large trading volume. In our view, the $37.00 level may now function as price support with initial resistance in the $40.00 to $42.00 range.
The Distribution Rate at Market Price is based on the Fund's most recent regular distribution per share (annualized) divided by the Fund's market price at the end of the period. Fund distributions may be affected by numerous factors, including changes in Fund performance, the cost of financing for Funds that employ leverage, portfolio holdings, realized and projected returns, and other factors.
BOSTON , Dec. 31, 2018 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their December distributions (each a "Fund"). This press release ...
Together they manage the $10 billion Eaton Vance Floating-Rate Advantage Fund, which invests in leveraged loans and traces its roots to 1989, making it the longest running of its kind. Eaton Vance, with some of the largest funds, was hardly immune to the selling. Page and Russ are narrowly holding on to a positive return for 2018.
Nisha Patel, portfolio manager with Eaton Vance, and Rachael Aiken, vice president and portfolio manager with Rockland Trust