Payson Swaffield - Eaton Vance President
| CEV Stock | USD 10.45 0.02 0.19% |
President
Mr. Payson F. Swaffield is President of Eaton Vance California Municipal Income Trust. He is Vice President and Chief Income Investment Officer of Eaton Vance and BMR. Officer of 151 registered investment companies managed by Eaton Vance or BMR. since 2013.
| Age | 63 |
| Tenure | 11 years |
| Address | Two International Place, Boston, MA, United States, 02110 |
| Phone | 617-482-8260 |
| Web | https://funds.eatonvance.com/California-Municipal- |
Eaton Vance Management Efficiency
The company has Return on Asset of 0.0216 % which means that on every $100 spent on assets, it made $0.0216 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0306 %, implying that it generated $0.0306 on every 100 dollars invested. Eaton Vance's management efficiency ratios could be used to measure how well Eaton Vance manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.03 in 2024. Return On Capital Employed is likely to climb to 0.03 in 2024. At this time, Eaton Vance's Total Assets are fairly stable compared to the past year. Net Tangible Assets is likely to climb to about 90.3 M in 2024, whereas Non Currrent Assets Other are likely to drop (135.6 M) in 2024.Similar Executives
| Showing other executives | PRESIDENT Age | ||
| Stephen Foy | Nuveen California Select | 64 | |
| Robert Crothers | Blackrock Muniholdings Ny | 37 | |
| Walter Kelly | Nuveen California Select | 50 | |
| Kathleen Prudhomme | Nuveen California Select | 65 | |
| Brian Bouda | Federated Premier Municipal | 71 | |
| William Adams | Nuveen California Select | 63 | |
| Anne Ackerley | Blackrock Muniholdings Ny | 52 | |
| Peter Germain | Federated Premier Municipal | 60 | |
| Esq Bordewick | MFS Investment Grade | 65 | |
| Stephen Welsh | MFS Investment Grade | 67 | |
| Christopher Rohrbacher | Nuveen California Select | 50 | |
| Margo Cook | Nuveen California Select | 55 | |
| Robin Stelmach | MFS Investment Grade | 63 | |
| Jon Meissner | Nuveen California Select | 48 | |
| Gifford Zimmerman | Nuveen California Select | 65 | |
| Joel Slager | Nuveen California Select | 41 | |
| Kevin Connaughton | MFS Investment Grade | 60 | |
| Lorna Ferguson | Nuveen California Select | 73 | |
| Christopher Donahue | Federated Premier Municipal | 69 | |
| Maureen Gemma | Eaton Vance National | 60 | |
| Nathaniel Jones | Nuveen California Select | 42 | |
Management Performance
| Return On Equity | 0.0306 | ||||
| Return On Asset | 0.0216 |
Eaton Vance California Leadership Team
Elected by the shareholders, the Eaton Vance's board of directors comprises two types of representatives: Eaton Vance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eaton. The board's role is to monitor Eaton Vance's management team and ensure that shareholders' interests are well served. Eaton Vance's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Eaton Vance's outside directors are responsible for providing unbiased perspectives on the board's policies.
| William Park, Independent Chairman of the Board of Trustee | ||
| James Kirchner, Treasurer | ||
| Mark Fetting, Independent Trustee | ||
| Maureen Gemma, Vice President, Chief Legal Officer, Secretary | ||
| Richard Froio, Chief Compliance Officer | ||
| Valerie Mosley, Independent Trustee | ||
| Payson CFA, Chief VP | ||
| Payson Swaffield, President | ||
| Daniel Cataldo, Treasurer | ||
| Susan Sutherland, Independent Trustee | ||
| Thomas Faust, Trustee | ||
| Harriett Taggart, Independent Trustee | ||
| Helen Peters, Independent Trustee | ||
| Marcus Smith, Independent Trustee | ||
| Paul ONeil, Chief Compliance Officer | ||
| Scott Eston, Independent Trustee | ||
| Ralph Verni, Independent Chairman of the Board of Trustee | ||
| Cynthia Frost, Independent Trustee | ||
| Keith Quinton, Independent Trustee | ||
| George Gorman, Independent Trustee | ||
| Scott Wennerholm, Independent Trustee | ||
| Craig CFA, Portfolio Manager |
Eaton Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Eaton Vance a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0306 | ||||
| Return On Asset | 0.0216 | ||||
| Profit Margin | 0.50 % | ||||
| Operating Margin | 0.83 % | ||||
| Current Valuation | 105.4 M | ||||
| Shares Outstanding | 7.03 M | ||||
| Shares Owned By Institutions | 38.01 % | ||||
| Number Of Shares Shorted | 28.53 K | ||||
| Price To Earning | 19.55 X | ||||
| Price To Book | 0.89 X |
Pair Trading with Eaton Vance
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eaton Vance position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eaton Vance will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Eaton Vance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eaton Vance when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eaton Vance - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eaton Vance California to buy it.
The correlation of Eaton Vance is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eaton Vance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eaton Vance California moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eaton Vance can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Eaton Vance California. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Eaton Vance California information on this page should be used as a complementary analysis to other Eaton Vance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Eaton Stock analysis
When running Eaton Vance's price analysis, check to measure Eaton Vance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eaton Vance is operating at the current time. Most of Eaton Vance's value examination focuses on studying past and present price action to predict the probability of Eaton Vance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eaton Vance's price. Additionally, you may evaluate how the addition of Eaton Vance to your portfolios can decrease your overall portfolio volatility.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |
Is Eaton Vance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eaton Vance. If investors know Eaton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eaton Vance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Dividend Share 0.431 | Earnings Share 0.36 | Revenue Per Share 0.716 | Quarterly Revenue Growth (0.11) |
The market value of Eaton Vance California is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton Vance's value that differs from its market value or its book value, called intrinsic value, which is Eaton Vance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eaton Vance's market value can be influenced by many factors that don't directly affect Eaton Vance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eaton Vance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton Vance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton Vance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.