Eaton Vance Municipal Income Term Closed Fund (ETX) — Defensive Interval Ratio
Eaton Vance Municipal Income Term Closed Fund (ETX) has a Defensive Interval Ratio of 807 days as of January 2026. Defensive assets of $3.31 Million (cash $-, short-term investments $1.47 Million, receivables $1.84 Million) cover 807 days of daily cash needs of $4.11K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Eaton Vance Municipal Income Term Closed Fund Defensive Interval Ratio (2016–2026)
This chart shows how Eaton Vance Municipal Income Term Closed Fund's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2026. As of January 2026, the ratio stands at 807 days, meaning defensive assets of $3.31 Million can fund 807 days of operations without new revenue. For the complete balance sheet picture, see Eaton Vance Municipal Income Term Closed balance sheet assets.
Annual Defensive Interval Ratio for Eaton Vance Municipal Income Term Closed Fund (2016–2026)
The table below presents the year-by-year Defensive Interval Ratio for Eaton Vance Municipal Income Term Closed Fund from 2016 to 2026, covering 10 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Eaton Vance Municipal Income Term Closed short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2026 | 807 days | $3.31 Million | $4.11K/day | $- | $1.47 Million | ▼ -109 days |
| 2025 | 916 days | $7.60 Million | $8.29K/day | $- | $- | ▲ +649 days |
| 2024 | 267 days | $1.87 Million | $7.01K/day | $- | $- | ▼ -142 days |
| 2023 | 409 days | $2.81 Million | $6.86K/day | $- | $- | ▲ +87 days |
| 2022 | 322 days | $2.70 Million | $8.39K/day | $- | $- | ▼ -946 days |
| 2021 | 1268 days | $2.81 Million | $2.22K/day | $- | $- | ▼ -520 days |
| 2020 | 1787 days | $2.73 Million | $1.53K/day | $- | $- | ▲ +746 days |
| 2019 | 1041 days | $2.72 Million | $2.61K/day | $- | $- | ▼ -81 days |
| 2018 | 1122 days | $2.73 Million | $2.44K/day | $- | $- | ▲ +1027 days |
| 2016 | 94 days | $1.80 Million | $19.12K/day | $- | $- | — |