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 637 days as of July 2025. Defensive assets of $1.81 Million (cash $-, short-term investments $-, receivables $1.81 Million) cover 637 days of daily cash needs of $2.84K/day. Check ETX tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Eaton Vance Municipal Income Term Closed Fund Defensive Interval Ratio (2016–2024)
This chart shows how Eaton Vance Municipal Income Term Closed Fund's Defensive Interval Ratio has evolved across 8 annual periods from 2016 to 2024. As of July 2025, the ratio stands at 637 days, meaning defensive assets of $1.81 Million can fund 637 days of operations without new revenue. Also explore ETX net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Eaton Vance Municipal Income Term Closed Fund (2016–2024)
The table below presents the year-by-year Defensive Interval Ratio for Eaton Vance Municipal Income Term Closed Fund from 2016 to 2024, covering 8 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see ETX market cap.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (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 | $- | $- | — |