Eaton Vance Municipal Income Term Closed Fund (ETX) — Cash Flow Quality Index

Latest as of July 2024: 0.90x

Eaton Vance Municipal Income Term Closed Fund (ETX) has a Cash Flow Quality Index of 0.90x as of July 2024. Operating cash flow of $3.10 Million is below net income of $3.45 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Eaton Vance Municipal Income Term Closed debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.90x
Operating CF / Net Income

Operating Cash Flow

$3.10 Million
USD

Net Income

$3.45 Million
USD

Data as of

Jul 2024
Most recent filing

Eaton Vance Municipal Income Term Closed Fund Cash Flow Quality Index (2016–2026)

Historical Cash Flow Quality Index for Eaton Vance Municipal Income Term Closed Fund across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Eaton Vance Municipal Income Term Closed cash conversion from operations.

Annual Cash Flow Quality Index for Eaton Vance Municipal Income Term Closed Fund (2016–2026)

Year-by-year earnings quality comparison for Eaton Vance Municipal Income Term Closed Fund.

Year Quality Index Operating CF (USD) Net Income YoY Change
2026 1.00x $8.47 Million $8.47 Million ▲ +0.0%
2025 1.00x $6.64 Million $6.64 Million ▼ -94.0%
2024 16.70x $84.58 Million $5.06 Million ▲ +1576.9%
2021 1.00x $10.03 Million $10.07 Million ▲ +154.1%
2020 0.39x $9.74 Million $24.84 Million ▼ -68.7%
2019 1.25x $11.47 Million $9.16 Million ▲ +92.0%
2018 0.65x $9.27 Million $14.22 Million ▼ -25.5%
2016 0.87x $10.98 Million $12.56 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.