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Eaton Vance New Jersey Municipal Bond Fund

AMEX:EMJ
Snowflake Description

Second-rate dividend payer and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EMJ
AMEX
$31M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

Eaton Vance New Jersey Municipal Bond Fund is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. The last earnings update was 56 days ago. More info.


Add to Portfolio Compare Print
  • Eaton Vance New Jersey Municipal Bond Fund is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
EMJ Share Price and Events
7 Day Returns
-0.4%
AMEX:EMJ
5.7%
US Capital Markets
3.2%
US Market
1 Year Returns
-2.5%
AMEX:EMJ
-11%
US Capital Markets
-6.5%
US Market
EMJ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Eaton Vance New Jersey Municipal Bond Fund (EMJ) -0.4% 3.8% 5.1% -2.5% -11.8% -1.4%
US Capital Markets 5.7% 15.2% 1.9% -11% 67.9% 67.6%
US Market 3.2% 11.4% -1.4% -6.5% 42.1% 41.6%
1 Year Return vs Industry and Market
  • EMJ outperformed the Capital Markets industry which returned -11% over the past year.
  • EMJ outperformed the Market in United States of America which returned -6.5% over the past year.
Price Volatility
EMJ
Industry
5yr Volatility vs Market

EMJ Value

 Is Eaton Vance New Jersey Municipal Bond Fund undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Eaton Vance New Jersey Municipal Bond Fund. This is due to cash flow or dividend data being unavailable. The share price is $12.06.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Eaton Vance New Jersey Municipal Bond Fund's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Eaton Vance New Jersey Municipal Bond Fund's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AMEX:EMJ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-0.14
AMEX:EMJ Share Price ** AMEX (2019-01-18) in USD $12.06
United States of America Capital Markets Industry PE Ratio Median Figure of 68 Publicly-Listed Capital Markets Companies 20.12x
United States of America Market PE Ratio Median Figure of 3,026 Publicly-Listed Companies 17.11x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Eaton Vance New Jersey Municipal Bond Fund.

AMEX:EMJ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AMEX:EMJ Share Price ÷ EPS (both in USD)

= 12.06 ÷ -0.14

-86.97x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Eaton Vance New Jersey Municipal Bond Fund is loss making, we can't compare its value to the US Capital Markets industry average.
  • Eaton Vance New Jersey Municipal Bond Fund is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Eaton Vance New Jersey Municipal Bond Fund's expected growth come at a high price?
Raw Data
AMEX:EMJ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -86.97x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Capital Markets Industry PEG Ratio Median Figure of 34 Publicly-Listed Capital Markets Companies 2.21x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.29x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Eaton Vance New Jersey Municipal Bond Fund, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Eaton Vance New Jersey Municipal Bond Fund's assets?
Raw Data
AMEX:EMJ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $13.76
AMEX:EMJ Share Price * AMEX (2019-01-18) in USD $12.06
United States of America Capital Markets Industry PB Ratio Median Figure of 132 Publicly-Listed Capital Markets Companies 5.04x
United States of America Market PB Ratio Median Figure of 5,101 Publicly-Listed Companies 1.77x
AMEX:EMJ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AMEX:EMJ Share Price ÷ Book Value per Share (both in USD)

= 12.06 ÷ 13.76

0.88x

* Primary Listing of Eaton Vance New Jersey Municipal Bond Fund.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Eaton Vance New Jersey Municipal Bond Fund is good value based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess Eaton Vance New Jersey Municipal Bond Fund's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Eaton Vance New Jersey Municipal Bond Fund has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

EMJ Future Performance

 How is Eaton Vance New Jersey Municipal Bond Fund expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Eaton Vance New Jersey Municipal Bond Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.9%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Eaton Vance New Jersey Municipal Bond Fund expected to grow at an attractive rate?
  • Unable to compare Eaton Vance New Jersey Municipal Bond Fund's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Eaton Vance New Jersey Municipal Bond Fund's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Eaton Vance New Jersey Municipal Bond Fund's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AMEX:EMJ Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 6.9%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 4.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.6%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AMEX:EMJ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AMEX:EMJ Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 2 -1 -0
2018-06-30 2 2 0
2018-03-31 2 4 1
2017-12-31 2 3 0
2017-09-30 3 1 -0
2017-06-30 3 1 -1
2017-03-31 3 0 -1
2016-12-31 3 -1 2
2016-09-30 3 -2 5
2016-06-30 2 4
2016-03-31 2 3
2015-12-31 2 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Eaton Vance New Jersey Municipal Bond Fund is high growth as no earnings estimate data is available.
  • Unable to determine if Eaton Vance New Jersey Municipal Bond Fund is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AMEX:EMJ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Eaton Vance New Jersey Municipal Bond Fund Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:EMJ Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -0.14
2018-06-30 0.12
2018-03-31 0.37
2017-12-31 0.11
2017-09-30 -0.16
2017-06-30 -0.22
2017-03-31 -0.29
2016-12-31 0.73
2016-09-30 1.75
2016-06-30 1.46
2016-03-31 1.18
2015-12-31 0.83

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Eaton Vance New Jersey Municipal Bond Fund will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Eaton Vance New Jersey Municipal Bond Fund's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Eaton Vance New Jersey Municipal Bond Fund has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

EMJ Past Performance

  How has Eaton Vance New Jersey Municipal Bond Fund performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Eaton Vance New Jersey Municipal Bond Fund's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Eaton Vance New Jersey Municipal Bond Fund does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Eaton Vance New Jersey Municipal Bond Fund's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Eaton Vance New Jersey Municipal Bond Fund's 1-year growth to the US Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Eaton Vance New Jersey Municipal Bond Fund's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Eaton Vance New Jersey Municipal Bond Fund Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:EMJ Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 2.44 -0.36 0.46
2018-06-30 2.46 0.30 0.48
2018-03-31 2.49 0.95 0.49
2017-12-31 2.50 0.27 0.49
2017-09-30 2.51 -0.40 0.50
2017-06-30 2.51 -0.57 0.51
2017-03-31 2.51 -0.74 0.51
2016-12-31 2.51 1.88 0.52
2016-09-30 2.50 4.51 0.52
2016-06-30 2.49 3.78 0.50
2016-03-31 2.47 3.05 0.49
2015-12-31 2.46 2.15 0.48
2015-09-30 2.44 1.24 0.48
2015-06-30 2.45 2.71 0.48
2015-03-31 2.45 4.18 0.48
2014-12-31 2.44 4.80 0.47
2014-09-30 2.44 5.41 0.47
2014-06-30 2.43 2.67 0.47
2014-03-31 2.42 -0.06 0.47
2013-12-31 2.46 -1.07 0.48
2013-09-30 2.49 -2.07 0.50
2013-06-30 2.56 0.49 0.51
2013-03-31 2.63 3.05 0.51
2012-12-31 2.65 4.48 0.51
2012-09-30 2.68 5.91 0.50
2012-06-30 2.73 6.54 0.49
2012-03-31 2.78 7.17 0.49

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Eaton Vance New Jersey Municipal Bond Fund has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Eaton Vance New Jersey Municipal Bond Fund used its assets less efficiently than the US Capital Markets industry average last year based on Return on Assets.
  • It is difficult to establish if Eaton Vance New Jersey Municipal Bond Fund improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Eaton Vance New Jersey Municipal Bond Fund's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Eaton Vance New Jersey Municipal Bond Fund has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

EMJ Health

 How is Eaton Vance New Jersey Municipal Bond Fund's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Eaton Vance New Jersey Municipal Bond Fund's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Eaton Vance New Jersey Municipal Bond Fund's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Eaton Vance New Jersey Municipal Bond Fund's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Eaton Vance New Jersey Municipal Bond Fund's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Eaton Vance New Jersey Municipal Bond Fund Company Filings, last reported 3 months ago.

AMEX:EMJ Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 35.49 23.33
2018-06-30 35.49 23.33
2018-03-31 35.78 23.30 0.62
2017-12-31 35.78 23.30 0.62
2017-09-30 39.59 21.04
2017-06-30 39.59 21.04
2017-03-31 38.61 21.02 0.07
2016-12-31 38.61 21.02 0.07
2016-09-30 41.61 21.12 0.03
2016-06-30 41.61 21.12 0.03
2016-03-31 41.04 19.52 0.14
2015-12-31 41.04 19.52 0.14
2015-09-30 56.31 0.23 0.16
2015-06-30 56.31 0.23 0.16
2015-03-31 57.30 0.23 0.10
2014-12-31 57.30 0.23 0.10
2014-09-30 57.39 0.23 0.46
2014-06-30 57.39 0.23 0.46
2014-03-31 55.40 0.23 1.12
2013-12-31 55.40 0.23 1.12
2013-09-30 53.82 0.23 0.63
2013-06-30 53.82 0.23 0.63
2013-03-31 57.29 0.25 0.17
2012-12-31 57.29 0.25 0.17
2012-09-30 57.74 4.79 0.16
2012-06-30 57.74 4.79 0.16
2012-03-31 56.11 4.91
  • Eaton Vance New Jersey Municipal Bond Fund's level of debt (65.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.4% vs 65.7% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Eaton Vance New Jersey Municipal Bond Fund is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Eaton Vance New Jersey Municipal Bond Fund's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Eaton Vance New Jersey Municipal Bond Fund has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

EMJ Dividends

 What is Eaton Vance New Jersey Municipal Bond Fund's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.39%
Current annual income from Eaton Vance New Jersey Municipal Bond Fund dividends.
If you bought $2,000 of Eaton Vance New Jersey Municipal Bond Fund shares you are expected to receive $88 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Eaton Vance New Jersey Municipal Bond Fund's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
  • Eaton Vance New Jersey Municipal Bond Fund's dividend is above the markets top 25% of dividend payers in United States of America (3.7%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AMEX:EMJ Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1986 Stocks 2.6%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AMEX:EMJ Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-01-02 0.529 4.378
2018-12-03 0.529 4.462
2018-11-01 0.589 5.065
2018-10-01 0.589 5.119
2018-09-04 0.589 4.916
2018-08-01 0.589 4.854
2018-06-01 0.589 5.015
2018-05-01 0.589 4.999
2018-04-02 0.589 5.041
2018-03-01 0.589 5.035
2018-02-01 0.589 4.962
2017-12-01 0.589 4.745
2017-11-01 0.589 4.677
2017-10-02 0.589 4.548
2017-09-01 0.589 4.484
2017-08-01 0.589 4.487
2017-07-03 0.589 4.480
2017-06-01 0.640 4.831
2017-04-03 0.640 4.952
2017-02-01 0.640 5.075
2017-01-03 0.640 4.984
2016-12-01 0.640 5.015
2016-11-01 0.640 4.844
2016-10-03 0.640 4.560
2016-09-01 0.640 4.304
2016-08-01 0.640 4.283
2016-07-01 0.640 4.289
2016-06-01 0.640 4.363
2016-05-02 0.750 5.068
2016-04-01 0.750 5.145
2016-03-01 0.750 5.364
2016-01-04 0.750 5.409
2015-12-01 0.750 5.498
2015-11-02 0.750 5.438
2015-10-01 0.750 5.508
2015-09-01 0.750 5.683
2015-08-03 0.750 5.552
2015-06-01 0.750 5.777
2015-05-01 0.750 5.642
2015-04-02 0.750 5.643
2015-03-02 0.750 5.754
2015-02-02 0.750 5.722
2015-01-02 0.750 5.729
2014-11-03 0.750 5.910
2014-10-01 0.750 5.894
2014-09-02 0.750 5.925
2014-08-01 0.700 5.408
2014-06-30 0.700 5.411
2014-05-30 0.700 5.356
2014-04-30 0.700 5.435
2014-03-31 0.700 5.586
2014-02-28 0.700 5.671
2014-01-31 0.700 5.731
2013-12-31 0.700 5.826
2013-11-29 0.700 6.121
2013-10-31 0.700 6.113
2013-09-30 0.700 6.029
2013-08-30 0.700 6.052
2013-07-31 0.700 6.048
2013-06-28 0.700 5.758
2013-05-31 0.700 5.394
2013-04-30 0.700 4.957
2013-03-28 0.700 4.866
2013-02-28 0.700 4.967
2013-01-31 0.700 4.663
2012-12-31 0.780 4.894
2012-08-31 0.780 5.054
2012-07-31 0.780 5.205
2012-06-29 0.780 5.198
2012-05-31 0.780 5.289
2012-04-30 0.780 5.214
2012-03-30 0.780 5.297
2012-02-29 0.780 5.465
2012-01-31 0.780 5.287
2011-12-30 0.780 5.519
2011-11-30 0.900 6.617
2011-10-31 0.900 6.718
2011-09-30 0.920 6.895
2011-08-31 0.920 6.987
2011-07-29 0.920 6.990
2011-06-30 0.920 6.601
2011-05-31 0.920 6.531
2011-04-29 0.920 6.723
2011-03-31 0.920 7.076
2011-02-28 0.920 7.401
2011-01-31 0.920 7.444
2010-12-31 0.920 7.456
2010-11-30 0.920 6.983
2010-10-29 0.920 6.466
2010-09-30 0.920 6.076
2010-08-31 0.920 5.998
2010-07-30 0.920 6.008
2010-06-30 0.920 6.283
2010-05-28 0.920 6.205
2010-04-30 0.920 6.123
2010-03-31 0.920 6.038
2010-02-26 0.920 6.246
2010-01-29 0.920 6.148
2009-12-31 0.905 6.245
2009-11-30 0.905 6.134
2009-10-30 0.905 6.072
2009-09-30 0.905 6.086
2009-08-31 0.905 6.215
2009-07-31 0.905 6.515
2009-06-30 0.860 6.558
2009-05-29 0.860 6.195
2009-04-30 0.860 6.346
2009-03-31 0.860 6.639
2009-02-27 0.820 6.921
2009-01-30 0.820 6.574
2009-01-23 0.735 5.813

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Eaton Vance New Jersey Municipal Bond Fund's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Eaton Vance New Jersey Municipal Bond Fund's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Eaton Vance New Jersey Municipal Bond Fund afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Eaton Vance New Jersey Municipal Bond Fund has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

EMJ Management

 What is the CEO of Eaton Vance New Jersey Municipal Bond Fund's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Eaton Vance New Jersey Municipal Bond Fund has no CEO, or we have no data on them.
Management Team Tenure

Average tenure and age of the Eaton Vance New Jersey Municipal Bond Fund management team in years:

13
Average Tenure
55
Average Age
  • The average tenure for the Eaton Vance New Jersey Municipal Bond Fund management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Payson Swaffield

TITLE
VP, Chief Income Investment Officer & Portfolio Manager

Westy Saltonstall

TITLE
Member of Management Board

Paul O'Neil

TITLE
Chief Compliance Officer
AGE
65
TENURE
15 yrs

Maureen Gemma

TITLE
Chief Legal Officer
AGE
58
TENURE
11 yrs

James Kirchner

TITLE
Treasurer
AGE
51
TENURE
6 yrs

Cindy Clemson

TITLE
Co-Director of Municipal Investments
AGE
55
TENURE
15 yrs

Adam Weigold

TITLE
Portfolio Manager
AGE
43
Board of Directors Tenure

Average tenure and age of the Eaton Vance New Jersey Municipal Bond Fund board of directors in years:

11.3
Average Tenure
70
Average Age
  • The average tenure for the Eaton Vance New Jersey Municipal Bond Fund board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Ralph Verni

TITLE
Chairman
COMPENSATION
$415
AGE
75
TENURE
11.5 yrs

William Park

TITLE
COMPENSATION
$299
AGE
71
TENURE
16 yrs

Allen Freedman

TITLE
COMPENSATION
$293
AGE
78
TENURE
12 yrs

Helen Peters

TITLE
COMPENSATION
$276
AGE
70
TENURE
11 yrs

Harriett Taggart

TITLE
COMPENSATION
$298
AGE
70
TENURE
8 yrs

Ronald Pearlman

TITLE
COMPENSATION
$299
AGE
78
TENURE
16 yrs

Thomas Faust

TITLE
Interested Trustee
AGE
60
TENURE
12 yrs

Scott Eston

TITLE
COMPENSATION
$304
AGE
62
TENURE
8 yrs

Cynthia Frost

TITLE
COMPENSATION
$276
AGE
57
TENURE
4.7 yrs

George Gorman

TITLE
COMPENSATION
$276
AGE
66
TENURE
4.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Eaton Vance New Jersey Municipal Bond Fund's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Eaton Vance New Jersey Municipal Bond Fund has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

EMJ News

Simply Wall St News

EMJ Company Info

Map
Description

Eaton Vance New Jersey Municipal Bond Fund is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in debt securities issued by New Jersey municipalities. Its investment portfolio comprises various industries, including education, hospital, industrial development, transportation, insured-water and sewer, senior living/life care, and transportation. The fund was formerly known as Eaton Vance Insured New Jersey Municipal Bond Fund. Eaton Vance New Jersey Municipal Bond Fund was founded in 2002 and is based in Boston, Massachusetts.

Details
Name: Eaton Vance New Jersey Municipal Bond Fund
EMJ
Exchange: AMEX
Founded: 2002
$31,104,741
2,579,166
Website: http://funds.eatonvance.com/New-Jersey-Municipal-Bond-Fund-EMJ.php
Address: Eaton Vance New Jersey Municipal Bond Fund
Two International Place,
Suite 1400,
Boston,
Massachusetts, 02110,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AMEX EMJ Common Shares NYSE MKT LLC US USD 26. Nov 2002
Number of employees
Current staff
Staff numbers
0
Eaton Vance New Jersey Municipal Bond Fund employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/01/22 23:48
End of day share price update: 2019/01/18 00:00
Last earnings filing: 2018/11/27
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.