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Eaton Vance Municipalome 2028 Term Trust (Eaton Vance Municipalome 2028 Term Trust) Net Cash per Share : $-2.58 (As of Jan. 2024)


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What is Eaton Vance Municipalome 2028 Term Trust Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Eaton Vance Municipalome 2028 Term Trust's Net Cash per Share for the quarter that ended in Jan. 2024 was $-2.58.

The historical rank and industry rank for Eaton Vance Municipalome 2028 Term Trust's Net Cash per Share or its related term are showing as below:

ETX's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.29
* Ranked among companies with meaningful Price-to-Net-Cash only.

Eaton Vance Municipalome 2028 Term Trust Net Cash per Share Historical Data

The historical data trend for Eaton Vance Municipalome 2028 Term Trust's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eaton Vance Municipalome 2028 Term Trust Net Cash per Share Chart

Eaton Vance Municipalome 2028 Term Trust Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net Cash per Share
Get a 7-Day Free Trial -11.89 -11.79 -10.64 -9.61 -2.58

Eaton Vance Municipalome 2028 Term Trust Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.64 -10.99 -9.61 -6.61 -2.58

Competitive Comparison of Eaton Vance Municipalome 2028 Term Trust's Net Cash per Share

For the Asset Management subindustry, Eaton Vance Municipalome 2028 Term Trust's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eaton Vance Municipalome 2028 Term Trust's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Municipalome 2028 Term Trust's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Eaton Vance Municipalome 2028 Term Trust's Price-to-Net-Cash falls into.



Eaton Vance Municipalome 2028 Term Trust Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Eaton Vance Municipalome 2028 Term Trust's Net Cash per Share for the fiscal year that ended in Jan. 2024 is calculated as

Eaton Vance Municipalome 2028 Term Trust's Net Cash per Share for the quarter that ended in Jan. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Eaton Vance Municipalome 2028 Term Trust  (NYSE:ETX) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Eaton Vance Municipalome 2028 Term Trust Net Cash per Share Related Terms

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Eaton Vance Municipalome 2028 Term Trust (Eaton Vance Municipalome 2028 Term Trust) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Suite 1400, Boston, MA, USA, 02110
Eaton Vance Municipal Income 2028 Term Trust is a closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax. The fund invests in various sectors such as a bond bank, education, housing, electric utilities, transportation, and others.
Executives
Kenneth A Topping officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Julie P Callahan other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Eric Stein officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Marcus L. Smith other: Trustee 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Craig R Brandon other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109
Mark R Fetting other: Trustee LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202

Eaton Vance Municipalome 2028 Term Trust (Eaton Vance Municipalome 2028 Term Trust) Headlines