Eaton Vance Municipal Income Term Closed Fund Cash Flow Conversion Efficiency
Eaton Vance Municipal Income Term Closed Fund cash flow conversion efficiency. Based on the latest financial reports, Eaton Vance Municipal Income Term Closed Fund (ETX) has a cash flow conversion efficiency ratio of 0.015x as of July 2024. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($3.10 Million) by net assets ($204.75 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Eaton Vance Municipal Income Term Closed Fund (2016–2026)
Cash flow conversion efficiency of Eaton Vance Municipal Income Term Closed Fund from 2016 to 2026. This chart illustrates how Eaton Vance Municipal Income Term Closed Fund's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Eaton Vance Municipal Income Term Closed stock quote for real-time trading data and today's change.
Eaton Vance Municipal Income Term Closed Fund Cash Flow Conversion Ratio Explained
Eaton Vance Municipal Income Term Closed Fund cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Eaton Vance Municipal Income Term Closed Fund Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Eaton Vance Municipal Income Term Closed Fund ranked by their cash flow conversion efficiency. Also see ETX market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jiangsu Zhongshe Group Co Ltd
SHE:002883
|
0.010x |
|
SEEING MACHINES LTD
F:M2Z
|
N/A |
|
Pioneer Municipal High Income Advantage Trust
NYSE:MAV
|
0.017x |
|
Braskem SA Class A
NYSE:BAK
|
0.260x |
|
CTT Systems AB
ST:CTT
|
-0.034x |
|
Omaxe Limited
NSE:OMAXE
|
0.064x |
|
Iones Co. Ltd
KQ:114810
|
-0.011x |
|
Haad Thip Public Company Limited
BK:HTC
|
0.108x |
Annual Cash Flow Conversion Efficiency for Eaton Vance Municipal Income Term Closed Fund (2016–2026)
The table below shows the annual cash flow conversion efficiency of Eaton Vance Municipal Income Term Closed Fund from 2016 to 2026. Review Eaton Vance Municipal Income Term Closed (ETX) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2026-01-31 | $201.26 Million | $8.47 Million | 0.042x | +28.61% |
| 2025-01-31 | $202.87 Million | $6.64 Million | 0.033x | -92.02% |
| 2024-01-31 | $206.39 Million | $84.58 Million | 0.410x | +353.28% |
| 2023-01-31 | $209.34 Million | $18.93 Million | 0.090x | -11.91% |
| 2022-01-31 | $226.29 Million | $23.23 Million | 0.103x | +143.85% |
| 2021-01-31 | $238.36 Million | $10.03 Million | 0.042x | +2.55% |
| 2020-01-31 | $237.21 Million | $9.74 Million | 0.041x | -20.74% |
| 2019-01-31 | $221.44 Million | $11.47 Million | 0.052x | +23.74% |
| 2018-01-31 | $221.48 Million | $9.27 Million | 0.042x | +11.18% |
| 2017-01-31 | $216.45 Million | $8.15 Million | 0.038x | -22.15% |
| 2016-01-31 | $227.08 Million | $10.98 Million | 0.048x | -- |
About Eaton Vance Municipal Income Term Closed Fund
Eaton Vance Municipal Income 2028 Term Trust is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invest in stocks of companies operating across the diversified sectors. It was previously known as Eaton Vance Municipal Income Term Trust. Eaton Vance Municipal Income 2028 Term Trust was formed on March 28, 2013 … Read more