Eaton Vance Enhanced Equity Income Fund (EOI)
| Market Value | 866.16M |
| Revenue (ttm) | 8.33M |
| Net Income (ttm) | 186.44M |
| Shares Out | 40.08M |
| EPS (ttm) | 4.62 |
| PE Ratio | 4.68 |
| Forward PE | n/a |
| Dividend | $1.61 (7.43%) |
| Ex-Dividend Date | Nov 21, 2024 |
| Volume | 79,710 |
| Open | 21.35 |
| Previous Close | 21.26 |
| Day's Range | 21.21 - 21.65 |
| 52-Week Range | 15.71 - 21.65 |
| Beta | 1.08 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About EOI
Eaton Vance Enhanced Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap and mid-cap companies with a focus on investing in companies with above average growth and financial condition against valuation in selecting individual securities. It benchmarks the performance of its portfolio against S&P 500 Index... [Read more]
News
EOI: Attractive Distribution And Track Record, But Shallow Discount Persists
Eaton Vance Enhanced Equity Income Fund was one of the equity-focused EV closed-end funds that did not cut its distributions in 2022. EOI has a strong track record and has outperformed the S&P 500 Ind...
Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 11/1/2024 Ex-Date – 11/11/2024 Record – 11/11/2024 Paya...
Eaton Vance Closed-End Funds Release Estimated Sources of Distributions
BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their October distributions (each a “Fund”). This press release is issued as required by ...
5 Best CEFs This Month For 9% Plus Yield (September 2024)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...
EOI: Good Performance, But Diversification Leaves A Lot To Be Desired
Eaton Vance Enhanced Equity Income Fund offers an 8.23% yield, balancing income and inflation protection by investing in equities and using a covered call strategy. The EOI fund's recent performance h...
EOI: Narrow Discount But Strong Track Record
Eaton Vance Enhanced Equity Income Fund was one of the equity-focused EV closed-end funds that did not cut its distributions in 2022. The EOI ETF has a strong track record and has outperformed the S&P...
EOI: 9% Plus Income, Paid Monthly, And Solid Past Record
Eaton Vance Enhanced Equity Income Fund is a closed-end fund that mainly invests in the equities of U.S. listed companies. The EOI CEF has a pretty strong long-term record of performance, even though ...
Investors' Choice: Roller Coaster Or Merry-Go-Round?
Achieving long-term "equity returns" generally requires holding tight through periods of volatility. The "roller coaster" experience is worth it, as Nobel Prize winners and other researchers have demo...
Pacific Life and Selerix Elevate Benefits Administration with Real-Time Integration
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Pacific Life's Workforce Benefits business today announced its integration with Selerix, a comprehensive benefits administration platform. Leveraging applicatio...
Eaton Vance Raises Distributions On All Equity CEFs
After speculating earlier this year that Eaton Vance would raise its distributions on its equity CEFs, that was finally confirmed last week on April 1. The distribution increases range from 4.6% for E...
EOI: Targets Met, Moving To Neutral (Rating Downgrade)
EOI is an equity CEF that falls in the buy-write category. EOI has a strong correlation with the S&P 500 and a tradable discount to NAV. The CEF has outperformed the S&P 500 since we assigned it a 'Bu...
The Month In Closed-End Funds: January 2024
For the first month in three, equity CEFs (-0.59% on a NAV basis) suffered losses while their fixed-income CEF (+0.49%) counterparts on average posted plus-side returns. At month-end, 11% of all CEFs ...
Profit From ‘Dirty Laundry' With This 7.7% Dividend
You probably know the Don Henley song “Dirty Laundry.” It was one of my favorite tunes in the 1980s.
EOI: Strong Historical Performance But High Fees And Small Discount To NAV
The Eaton Vance Enhanced Equity Income Fund focuses on providing current income and capital appreciation. EOI has underperformed the S&P 500 on an absolute basis but has outperformed on a risk-adjuste...
Equity CEFs/ETFs: Top Picks For 2024 - Part II
In Part I of my Top Picks For 2024, I explained why we saw such extreme valuation losses in most equity CEFs in 2023 and what that could-mean for 2024. In my opinion, liquidity was the over-riding fac...
EOI: A Solid Equity CEF With A Fully Covered 8.39% Distribution Yield
The Eaton Vance Enhanced Equity Income Fund offers a current yield of 8.39%, which is not particularly impressive compared to similar funds. The fund's recent performance has not been impressive, with...
EOI: Compelling SPY Alternative At A Discount, 8% Yield (Rating Upgrade)
The Enhanced Equity Income Fund is an equity closed end fund that falls in the 'buy-write' category. EOI closely tracks the S&P 500 performance from a total return perspective, and represents an attra...
EOI: Strong Results From This Covered Call Fund, ~8% Distribution Rate
Eaton Vance Enhanced Equity Income Fund had avoided a distribution cut due to its lower distribution rate last year when most EV funds saw cuts. EOI's investment objective is to provide current income...
EOI: Sustainable Way To Earn A 7.80% Yield, But Diversify Away From Big Tech
Investors today are in desperate need of income due to the fact that the cost of living in the United States has been rising rapidly. Eaton Vance Enhanced Equity Income Fund invests in a portfolio of ...
Eaton Vance Management Announces Portfolio Management Teams of Certain Closed-End Funds
BOSTON--(BUSINESS WIRE)--Eaton Vance Management (“Eaton Vance”), an indirect wholly-owned subsidiary of Morgan Stanley (NYSE: MS), announced the portfolio managers of certain funds as follows: Eaton V...
EOI: Offering A Rare Discount, But Questions About The Distribution
Eaton Vance Enhanced Equity Income Fund invests in a portfolio of companies and employs a covered call writing strategy to generate a high level of income for investors. The EOI closed-end fund is hea...
EOI: A Strong Choice For A Covered Call Fund
EOI is a bit different than the rest of the Eaton Vance option-writing funds in that it writes on individual positions. This is one of the EV equity funds that avoided having its distribution trimmed,...
EOI: Added Income Comes With Usual CAGR Hit
The Eaton Vance Enhanced Equity Income Fund (EOI) invests primarily in large- and mid-cap securities that have above-average growth and financial strength and writes call options on individual holding...
EOI: Plagued With Idiosyncratic Risk And Too Expensive
Investors desperately need new sources of income to maintain their current standard of living in today's inflationary environment. The EOI CEF uses a covered call options strategy to give its investor...