EXD:NYE-Eaton Vance Tax-Advantaged Bond of Beneficial Interest

ETF | Multialternative | New York Stock Exchange

Last Closing

USD 9.25

Change

0.00 (0.00)%

Market Cap

USD 0.12B

Volume

0.02M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The Fund seeks to provide tax-advantaged income and gains to shareholders. It?s bond strategy consists of investing in a diversified portfolio of short-term, high quality debt obligations, including municipal securities. It?s municipal securities will normally consist of securities rated in the three highest rating categories or, if unrated, determined by the adviser to be of comparable quality at the time of purchase. The Fund will also employ a rules-based option overlay strategy that consists of writing a series of call spreads and put spreads on the S&P 500 Composite Stock Price Index, SPDR Trust Series 1 units and/or another proxy for the S&P 500.

Inception Date: 25/06/2010

Primary Benchmark: BBgBarc Municipal 5 Yr 4-6 TR USD

Primary Index: Morningstar Mod Tgt Risk TR USD

Gross Expense Ratio: 1.43%

Management Expense Ratio:

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-03-25 )

Largest Industry Peers for Multialternative

Symbol Name Mer Price(Change) Market Cap
QAI IQ Hedge Multi-Strategy Tracke.. 0.54 %

+0.10 (+0.33%)

USD 0.57B
HDG ProShares Hedge Replication ET.. 0.95 %

+0.18 (+0.37%)

USD 0.03B
DIVY Reality Shares DIVS ETF 0.85 %

+0.19 (+0.75%)

USD 0.01B
LALT Invesco Multi-Strategy Alterna.. 0.88 %

-0.02 (-0.10%)

USD 6.53M

ETFs Containing EXD

N/A

Market Performance

  Market Performance vs. Industry/Classification (Multialternative) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 8.57% 100% F 46% F
Dividend Return 0.83% 100% F 48% F
Total Return 9.40% 100% F 47% F
Trailing 12 Months  
Capital Gain -1.70% 50% F 47% F
Dividend Return 5.85% 100% F 77% C+
Total Return 4.15% 100% F 56% F
Trailing 5 Years  
Capital Gain -32.78% 33% F 20% F
Dividend Return 39.03% 100% F 92% A
Total Return 6.26% 33% F 34% F
Average Annual (5 Year Horizon)  
Capital Gain -9.49% 20% F 11% F
Dividend Return -0.29% 40% F 24% F
Total Return 9.20% 100% F 95% A
Risk Return Profile  
Volatility (Standard Deviation) 6.59% 20% F 81% B-
Risk Adjusted Return -4.38% 40% F 23% F
Market Capitalization 0.12B 60% D- 25% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Negative earnings

The company had negative total earnings in the most recent four quarters.