Eaton Vance Municipal Income Term Closed Fund (ETX) - 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. See Eaton Vance Municipal Income Term Closed liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Eaton Vance Municipal Income Term Closed Fund - Cash Flow Conversion Efficiency Trend (2016–2024)
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.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Frauenthal Holding AG
VI:FKA
|
-0.047x |
|
Skue Sparebank
OL:SKUE
|
0.056x |
|
Huxen Corp
TW:2433
|
0.060x |
|
ESAF Small Finance Bank
NSE:ESAFSFB
|
-0.810x |
|
GAEC Educacao SA
SA:ANIM3
|
0.100x |
|
AudioCodes Ltd
TA:AUDC
|
0.023x |
|
Atrys Health SL
MC:ATRY
|
-0.031x |
|
Adgar Investments and Development Ltd
TA:ADGR
|
0.019x |
Annual Cash Flow Conversion Efficiency for Eaton Vance Municipal Income Term Closed Fund (2016–2024)
The table below shows the annual cash flow conversion efficiency of Eaton Vance Municipal Income Term Closed Fund from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see Eaton Vance Municipal Income Term Closed (ETX) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 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