Ownership Action Report: Eaton Vance Municipal Income Trust (NYSE:EVN): Positive Stock Sentiment

November 16, 2016 - By Linda Rogers   ·   0 Comments

Ownership Action Report: Eaton Vance Municipal Income Trust (NYSE:EVN): Positive Stock Sentiment

Sentiment for Eaton Vance Municipal Income Trust (NYSE:EVN)

Eaton Vance Municipal Income Trust (NYSE:EVN) institutional sentiment increased to 3 in 2016 Q2. Its up 1.56, from 1.44 in 2016Q1. The ratio is positive, as 18 active investment managers increased or started new positions, while 6 sold and trimmed positions in Eaton Vance Municipal Income Trust. The active investment managers in our partner’s database reported: 2.15 million shares, up from 1.69 million shares in 2016Q1. Also, the number of active investment managers holding Eaton Vance Municipal Income Trust in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 3 Reduced: 3 Increased: 15 New Position: 3.

Eaton Vance Municipal Income Trust is a diversified, closed-end management investment company. The company has a market cap of $288.07 million. The Trust seeks to provide current income exempt from regular federal income tax. It has a 6.21 P/E ratio. The Trust intends to make monthly distributions of net investment income, after payment of any dividends on any outstanding preferred shares.

The stock increased 1.80% or $0.22 on November 15, hitting $12.47. Eaton Vance Municipal Income Trust (NYSE:EVN) has declined 11.37% since April 14, 2016 and is downtrending. It has underperformed by 16.06% the S&P500.

Robinson Capital Management Llc holds 3.38% of its portfolio in Eaton Vance Municipal Income Trust for 397,909 shares. Doliver Capital Advisors Inc. owns 59,720 shares or 0.75% of their US portfolio. Moreover, Wills Financial Group Inc. has 0.47% invested in the company for 38,768 shares. The Delaware-based Ashford Capital Management Inc has invested 0.17% in the stock. Ghp Investment Advisors Inc., a Colorado-based fund reported 20,235 shares.#img1#

EVN Company Profile

Eaton Vance Municipal Income Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax by investing primarily in investment-grade municipal obligations. The Trust invests primarily in bonds with stated maturities of 10 years or longer.

More notable recent Eaton Vance Municipal Income Trust (NYSE:EVN) news were published by: Nasdaq.com which released: “Eaton Vance New York Municipal Income Trust (EVY) Ex-Dividend Date Scheduled …” on October 10, 2016, also Marketwatch.com with their article: “Eaton Vance Ohio Municipal Income Trust downgraded to hold from buy at Stifel …” published on November 08, 2010, Businesswire.com published: “Fitch Rates iMTP Shares Issued by 8 Eaton Vance Closed-End Municipal Bond …” on February 26, 2016. More interesting news about Eaton Vance Municipal Income Trust (NYSE:EVN) were released by: Prnewswire.com and their article: “Eaton Vance Municipal Income Closed-End Funds Announce Extension Of Auction …” published on February 16, 2016 as well as Prnewswire.com‘s news article titled: “Eaton Vance Management Announces Retirement of Thomas M. Metzold, CFA …” with publication date: June 17, 2015.

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By Linda Rogers


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