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Eaton Vance New York Municipal Income Trust

AMEX:EVY
Snowflake Description

Second-rate dividend payer with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EVY
AMEX
$68M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

Eaton Vance New York Municipal Income Trust is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. The last earnings update was 88 days ago. More info.


Add to Portfolio Compare Print
  • Eaton Vance New York Municipal Income Trust is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
EVY Share Price and Events
7 Day Returns
0.7%
AMEX:EVY
-0.2%
US Capital Markets
-0.1%
US Market
1 Year Returns
3.8%
AMEX:EVY
-6.8%
US Capital Markets
7.6%
US Market
EVY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Eaton Vance New York Municipal Income Trust (EVY) 0.7% 0.2% 3.8% 3.8% -14.9% -13.8%
US Capital Markets -0.2% 7.5% 4.2% -6.8% 53.7% 71.5%
US Market -0.1% 3.7% 10.2% 7.6% 38.1% 46.4%
1 Year Return vs Industry and Market
  • EVY outperformed the Capital Markets industry which returned -6.8% over the past year.
  • EVY underperformed the Market in United States of America which returned 7.6% over the past year.

Value

 Is Eaton Vance New York Municipal Income Trust 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 York Municipal Income Trust. This is due to cash flow or dividend data being unavailable. The share price is $12.3701.
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 York Municipal Income Trust's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Eaton Vance New York Municipal Income Trust's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AMEX:EVY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-11-30) in USD $-0.17
AMEX:EVY Share Price ** AMEX (2019-04-23) in USD $12.37
United States of America Capital Markets Industry PE Ratio Median Figure of 87 Publicly-Listed Capital Markets Companies 30.49x
United States of America Market PE Ratio Median Figure of 3,080 Publicly-Listed Companies 18.03x

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

** Primary Listing of Eaton Vance New York Municipal Income Trust.

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

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

= 12.37 ÷ -0.17

-74.32x

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

  • Eaton Vance New York Municipal Income Trust is loss making, we can't compare its value to the US Capital Markets industry average.
  • Eaton Vance New York Municipal Income Trust 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 York Municipal Income Trust's expected growth come at a high price?
Raw Data
AMEX:EVY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -74.32x
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 2.66x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.55x

*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 York Municipal Income Trust, 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 York Municipal Income Trust's assets?
Raw Data
AMEX:EVY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-11-30) in USD $13.50
AMEX:EVY Share Price * AMEX (2019-04-23) in USD $12.37
United States of America Capital Markets Industry PB Ratio Median Figure of 169 Publicly-Listed Capital Markets Companies 7.74x
United States of America Market PB Ratio Median Figure of 5,185 Publicly-Listed Companies 1.92x
AMEX:EVY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 12.37 ÷ 13.50

0.92x

* Primary Listing of Eaton Vance New York Municipal Income Trust.

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

  • Eaton Vance New York Municipal Income Trust is good value based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess Eaton Vance New York Municipal Income Trust'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 York Municipal Income Trust 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.

Future Performance

 How is Eaton Vance New York Municipal Income Trust 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 York Municipal Income Trust 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 York Municipal Income Trust expected to grow at an attractive rate?
  • Unable to compare Eaton Vance New York Municipal Income Trust'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 York Municipal Income Trust's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Eaton Vance New York Municipal Income Trust's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AMEX:EVY 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 4.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.5%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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:EVY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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:EVY Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-11-30 5 9 -1
2018-08-31 5 6 0
2018-05-31 5 3 0
2018-02-28 5 3 2
2017-11-30 6 4 4
2017-08-31 6 4 2
2017-05-31 6 4 0
2017-02-28 6 4 1
2016-11-30 6 3 1
2016-08-31 6 3 5
2016-05-31 6 3 8
2016-02-29 6 5 6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Eaton Vance New York Municipal Income Trust is high growth as no earnings estimate data is available.
  • Unable to determine if Eaton Vance New York Municipal Income Trust 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:EVY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Eaton Vance New York Municipal Income Trust Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:EVY Past Financials Data
Date (Data in USD Millions) EPS *
2018-11-30 -0.17
2018-08-31 -0.05
2018-05-31 0.06
2018-02-28 0.41
2017-11-30 0.76
2017-08-31 0.36
2017-05-31 -0.04
2017-02-28 0.10
2016-11-30 0.24
2016-08-31 0.87
2016-05-31 1.49
2016-02-29 1.12

*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 York Municipal Income Trust will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Eaton Vance New York Municipal Income Trust'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 York Municipal Income Trust 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.

Past Performance

  How has Eaton Vance New York Municipal Income Trust 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 York Municipal Income Trust'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 York Municipal Income Trust 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 York Municipal Income Trust's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Eaton Vance New York Municipal Income Trust's 1-year growth to the US Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Eaton Vance New York Municipal Income Trust'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 York Municipal Income Trust Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:EVY Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-11-30 5.18 -0.91 0.90
2018-08-31 5.33 -0.29 0.92
2018-05-31 5.47 0.33 0.94
2018-02-28 5.48 2.24 1.01
2017-11-30 5.50 4.15 1.08
2017-08-31 5.52 1.96 1.16
2017-05-31 5.54 -0.23 1.24
2017-02-28 5.55 0.54 1.28
2016-11-30 5.57 1.32 1.31
2016-08-31 5.61 4.74 1.28
2016-05-31 5.66 8.17 1.25
2016-02-29 5.72 6.14 1.24
2015-11-30 5.79 4.11 1.22
2015-08-31 5.83 4.55 1.23
2015-05-31 5.87 4.99 1.24
2015-02-28 5.91 8.48 1.24
2014-11-30 5.95 11.96 1.23
2014-08-31 5.99 7.57 1.23
2014-05-31 6.02 3.18 1.23
2014-02-28 6.03 -2.21 1.25
2013-11-30 6.03 -7.61 1.28
2013-08-31 6.06 -1.23 1.30
2013-05-31 6.08 5.14 1.32
2013-02-28 6.11 11.15 1.32
2012-11-30 6.14 17.16 1.32
2012-08-31 6.24 15.76 1.31
2012-05-31 6.33 14.36 1.29

*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 York Municipal Income Trust has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Eaton Vance New York Municipal Income Trust 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 York Municipal Income Trust 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 York Municipal Income Trust'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 York Municipal Income Trust 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.

Health

 How is Eaton Vance New York Municipal Income Trust'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 York Municipal Income Trust's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Eaton Vance New York Municipal Income Trust is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Eaton Vance New York Municipal Income Trust'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 York Municipal Income Trust'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 0.1x 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 York Municipal Income Trust Company Filings, last reported 4 months ago.

AMEX:EVY Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-11-30 73.94 43.99 0.76
2018-08-31 73.94 43.99 0.76
2018-05-31 76.57 50.00
2018-02-28 76.57 50.00
2017-11-30 82.15 45.73 0.62
2017-08-31 82.15 45.73 0.62
2017-05-31 83.64 45.66 0.03
2017-02-28 83.64 45.66 0.03
2016-11-30 81.32 45.81 0.19
2016-08-31 81.32 45.81 0.19
2016-05-31 87.24 47.49 0.74
2016-02-29 87.24 47.49 0.74
2015-11-30 113.24 17.89 1.62
2015-08-31 113.24 17.89 1.62
2015-05-31 112.83 17.89 0.79
2015-02-28 112.83 17.89 0.79
2014-11-30 113.59 19.32 1.29
2014-08-31 113.59 19.32 1.29
2014-05-31 112.41 19.32 0.14
2014-02-28 112.41 19.32 0.14
2013-11-30 106.34 19.32 0.74
2013-08-31 106.34 19.32 0.74
2013-05-31 113.99 19.32 1.15
2013-02-28 113.99 19.32 1.15
2012-11-30 118.73 19.95
2012-08-31 118.73 19.95
2012-05-31 113.68 19.32 0.12
  • Eaton Vance New York Municipal Income Trust's level of debt (59.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (18.2% vs 59.5% today).
  • Debt is well covered by operating cash flow (21.1%, greater than 20% of total debt).
  • Eaton Vance New York Municipal Income Trust is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Eaton Vance New York Municipal Income Trust'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 York Municipal Income Trust has a total score of 2/6, 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.

Dividends

 What is Eaton Vance New York Municipal Income Trust'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
4.2%
Current annual income from Eaton Vance New York Municipal Income Trust dividends.
If you bought $2,000 of Eaton Vance New York Municipal Income Trust shares you are expected to receive $84 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 York Municipal Income Trust's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.4%).
  • Eaton Vance New York Municipal Income Trust's dividend is above the markets top 25% of dividend payers in United States of America (3.64%).
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:EVY 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 2008 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

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

AMEX:EVY Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-03-01 0.520 4.234
2019-02-01 0.520 4.337
2018-12-03 0.520 4.443
2018-11-01 0.520 4.586
2018-10-01 0.520 4.571
2018-09-04 0.520 4.346
2018-08-01 0.600 4.937
2018-06-01 0.600 4.940
2018-05-01 0.600 4.991
2018-04-02 0.600 4.968
2018-03-01 0.600 4.927
2018-02-01 0.600 4.850
2017-12-01 0.600 4.741
2017-11-01 0.600 4.679
2017-10-02 0.600 4.546
2017-09-01 0.600 4.520
2017-08-01 0.600 4.545
2017-07-03 0.600 4.581
2017-06-01 0.600 4.572
2017-04-03 0.600 4.615
2017-02-01 0.620 4.832
2017-01-03 0.620 4.741
2016-12-01 0.620 4.792
2016-11-01 0.620 4.587
2016-10-03 0.620 4.219
2016-09-01 0.620 4.066
2016-08-01 0.620 4.058
2016-07-01 0.620 4.120
2016-06-01 0.620 4.229
2016-05-02 0.630 4.288
2016-04-01 0.630 4.300
2016-03-01 0.740 5.149
2016-01-04 0.740 5.324
2015-12-01 0.800 5.823
2015-11-02 0.800 5.925
2015-10-01 0.800 5.926
2015-09-01 0.800 6.005
2015-08-03 0.800 5.929
2015-06-01 0.820 6.066
2015-05-01 0.820 6.045
2015-04-02 0.820 5.927
2015-03-02 0.820 5.978
2015-02-02 0.820 5.980
2015-01-02 0.820 5.905
2014-11-03 0.820 5.961
2014-10-01 0.820 5.928
2014-09-02 0.870 6.347
2014-08-01 0.870 6.404
2014-06-30 0.870 6.267
2014-05-30 0.870 6.142
2014-04-30 0.870 6.062
2014-03-31 0.870 6.254
2014-02-28 0.870 6.539
2014-01-31 0.870 6.684
2013-12-31 0.870 6.832
2013-11-29 0.870 7.167
2013-10-31 0.870 7.124
2013-09-30 0.870 7.067
2013-08-30 0.870 7.144
2013-07-31 0.870 7.218
2013-06-28 0.870 6.873
2013-05-31 0.870 6.509
2013-04-30 0.870 5.706
2013-03-28 0.870 5.736
2013-02-28 0.910 5.962
2013-01-31 0.910 5.728
2012-12-31 0.910 5.654
2012-09-28 0.910 5.857
2012-07-31 0.910 5.921
2012-06-29 0.910 5.969
2012-05-31 0.910 6.116
2012-04-30 0.910 6.129
2012-03-30 0.910 6.246
2012-02-29 0.910 6.262
2012-01-31 0.910 6.092
2011-12-30 0.910 6.272
2011-11-30 0.910 6.604
2011-10-31 0.910 6.628
2011-09-30 0.910 6.811
2011-08-31 0.910 6.798
2011-07-29 0.910 7.015
2011-06-30 0.910 7.084
2011-05-31 0.910 7.199
2011-03-31 0.910 7.368
2011-02-28 0.910 7.455
2011-01-31 0.910 7.537
2010-12-31 0.910 7.472
2010-11-30 0.910 7.199
2010-10-29 0.910 6.762
2010-09-30 0.910 6.453
2010-08-31 0.910 6.303
2010-07-30 0.910 6.397
2010-06-30 0.910 6.647
2010-05-28 0.910 6.685
2010-04-30 0.910 6.640
2010-03-31 0.910 6.599
2010-02-26 0.910 6.608
2009-12-31 0.880 6.584
2009-11-30 0.880 6.556
2009-10-30 0.880 6.769
2009-09-30 0.880 6.498
2009-08-31 0.880 6.537
2009-07-31 0.880 6.765
2009-06-30 0.854 6.759
2009-05-29 0.854 7.099
2009-04-30 0.854 7.023
2009-04-24 0.854 7.054

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 York Municipal Income Trust'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 York Municipal Income Trust's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 York Municipal Income Trust afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Eaton Vance New York Municipal Income Trust 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.

Management

 What is the CEO of Eaton Vance New York Municipal Income Trust'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 York Municipal Income Trust has no CEO, or we have no data on them.
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

Maureen Gemma

TITLE
Chief Legal Officer
AGE
58

James Kirchner

TITLE
Treasurer
AGE
51

Craig Brandon

TITLE
Portfolio Manager
AGE
52
Board of Directors Tenure

Average tenure and age of the Eaton Vance New York Municipal Income Trust board of directors in years:

7.6
Average Tenure
66
Average Age
  • The tenure for the Eaton Vance New York Municipal Income Trust board of directors is about average.
Board of Directors

Ralph Verni

TITLE
Chairman
COMPENSATION
$878
AGE
75
TENURE
11.8 yrs

William Park

TITLE
Noninterested Trustee
COMPENSATION
$888
AGE
71
TENURE
16.3 yrs

Tee Taggart

TITLE
Noninterested Trustee
COMPENSATION
$696
AGE
70
TENURE
7.6 yrs

Scott Eston

TITLE
Noninterested Trustee
COMPENSATION
$589
AGE
62
TENURE
7.6 yrs

Thomas Faust

TITLE
Interested Trustee
AGE
60
TENURE
12.3 yrs

Helen Peters

TITLE
Noninterested Trustee
COMPENSATION
$696
AGE
70
TENURE
10.4 yrs

Valerie Mosley

TITLE
Noninterested Trustee
COMPENSATION
$635
AGE
58
TENURE
5.3 yrs

Cynthia Frost

TITLE
Noninterested Trustee
COMPENSATION
$635
AGE
57
TENURE
4.9 yrs

George Gorman

TITLE
Noninterested Trustee
COMPENSATION
$696
AGE
66
TENURE
4.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Eaton Vance New York Municipal Income Trust'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 York Municipal Income Trust 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.

News

Simply Wall St News

Company Info

Description

Eaton Vance New York Municipal Income Trust is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in debt securities issued by various industries such as cogeneration, education, electric utilities, general obligations, health care, hospital, industrial development revenue, insured-education, insured-escrowed/pre-refunded, insured-general obligations, insured-hospital, insured-transportation, water and sewer, senior living/life care, and transportation. Eaton Vance New York Municipal Income Trust was formed in 1998 and is domiciled in United States.

Details
Name: Eaton Vance New York Municipal Income Trust
EVY
Exchange: AMEX
Founded: 1998
$67,735,587
5,475,751
Website: http://funds.eatonvance.com/New-York-Municipal-Income-Trust-EVY.php
Address: Eaton Vance New York Municipal Income Trust
Two International Place,
Suite 1400,
Boston,
Massachusetts, 02110,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AMEX EVY Common Shares NYSE MKT LLC US USD 27. Jan 1999
Number of employees
Current staff
Staff numbers
0
Eaton Vance New York Municipal Income Trust employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 23:51
End of day share price update: 2019/04/23 00:00
Last earnings filing: 2019/01/25
Last earnings reported: 2018/11/30
Last annual earnings reported: 2018/11/30


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.