Thomas Faust - Eaton Vance Trustee
| EFT Stock | USD 13.40 0.05 0.37% |
Executive
Mr. Thomas E. Faust Jr. is Trustee of Eaton Vance FloatingRate Income Trust. He is currently Chairman, Chief Executive Officer and President of EVC, Director and President of EV, Chief Executive Officer and President of Eaton Vance and BMR, and Director of EVD and EVMI. Mr. Faust has served as a Director of Hexavest Inc. since 2012 and of SigFig Wealth Management LLC since 2016. Mr. Faust previously served as an equity analyst, portfolio manager, Director of Equity Research and Management and Chief Investment Officer of Eaton Vance . He holds B.S. degrees in Mechanical Engineering and Economics from the Massachusetts Institute of Technology and an MBA from Harvard Business School. Mr. Faust was a Chartered Financial Analyst since 1988. since 2010.
| Age | 63 |
| Tenure | 14 years |
| Address | Two International Place, Boston, MA, United States, 02110 |
| Phone | 617-482-8260 |
| Web | https://funds.eatonvance.com/Floating-Rate-Income- |
Thomas Faust Latest Insider Activity
Tracking and analyzing the buying and selling activities of Thomas Faust against Eaton Vance stock is an integral part of due diligence when investing in Eaton Vance. Thomas Faust insider activity provides valuable insight into whether Eaton Vance is net buyers or sellers over its current business cycle. Note, Eaton Vance insiders must abide by specific rules, including filing SEC forms every time they buy or sell Eaton Vance'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Thomas Faust over six months ago Eaton Vance exotic insider transaction detected |
Eaton Vance Management Efficiency
The company has Return on Asset of 0.0561 % which means that on every $100 spent on assets, it made $0.0561 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1387 %, implying that it generated $0.1387 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 Equity is likely to gain to 0.04 in 2024, whereas Return On Tangible Assets are likely to drop 0.03 in 2024. Total Current Liabilities is likely to gain to about 187.4 M in 2024. Non Current Liabilities Total is likely to gain to about 77.2 M in 2024Similar Executives
| Showing other executives | EXECUTIVE Age | ||
| Ronald Pearlman | Eaton Vance Risk | 78 | |
| Janey Ahn | Blackrock Muniholdings Closed | 46 | |
| Mark Mickey | Calamos Global Dynamic | 65 | |
| George Gorman | Eaton Vance National | 69 | |
| Paul ONeil | Eaton Vance National | 65 | |
| James Kirchner | Eaton Vance Risk | 54 | |
| Robert Fairbairn | Blackrock Muniholdings Closed | 56 | |
| Paul ONeil | Eaton Vance Tax | 63 | |
| Richard Walz | Gabelli Global Small | 60 | |
| Barbara Novick | Blackrock Muniholdings Closed | 58 | |
| Kino Clark | MFS Investment Grade | 52 | |
| George Gorman | Eaton Vance Risk | 69 | |
| Richard Walz | GAMCO Natural Resources | 58 | |
| Anthony Colavita | GAMCO Natural Resources | 82 | |
| Robert Butler | MFS Investment Grade | 76 | |
| Agnes Mullady | GAMCO Natural Resources | 59 | |
| James Kirchner | Eaton Vance National | 54 | |
| Brian Kindelan | Blackrock Muniholdings Closed | 57 | |
| Maryanne Roepke | MFS Investment Grade | 64 | |
| James Flynn | Blackrock Muniholdings Closed | 79 | |
| Helen Peters | Eaton Vance Risk | 73 | |
Management Performance
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0561 |
Eaton Vance Floating 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.
| Mark Fetting, Independent Trustee | ||
| Richard Froio, Chief Compliance Officer | ||
| Valerie Mosley, Independent Trustee | ||
| Payson Swaffield, Vice President | ||
| Craig Russ, CoDirector VP | ||
| Thomas Faust, Trustee | ||
| Harriett Taggart, Independent Trustee | ||
| Paul ONeil, Chief Compliance Officer | ||
| Scott Eston, Independent Trustee | ||
| Ralph Verni, Independent Chairman of the Board of Trustee | ||
| Deidre Walsh, Vice President, Chief Legal Officer | ||
| CFA Hinckley, Portfolio Manager | ||
| George Gorman, Independent Chairman of the Board of Trustee | ||
| Scott Wennerholm, Independent Trustee | ||
| James Kirchner, Treasurer | ||
| William Park, Independent Chairman of the Board of Trustee | ||
| Scott CFA, Portfolio Mang | ||
| Scott Page, President | ||
| Maureen Gemma, Vice President, Chief Legal Officer, Secretary | ||
| Payson CFA, Chief VP | ||
| Susan Sutherland, Independent Trustee | ||
| Helen Peters, Independent Trustee | ||
| Marcus Smith, Independent Trustee | ||
| Peter CFA, VP Mang | ||
| Cynthia Frost, Independent Trustee | ||
| Keith Quinton, Independent Trustee | ||
| Kimberly Roessiger, Secretary | ||
| Eric Stein, President |
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 | 0.14 | ||||
| Return On Asset | 0.0561 | ||||
| Profit Margin | 0.87 % | ||||
| Operating Margin | 0.92 % | ||||
| Current Valuation | 543.87 M | ||||
| Shares Outstanding | 26.18 M | ||||
| Shares Owned By Institutions | 29.01 % | ||||
| Number Of Shares Shorted | 188.31 K | ||||
| Price To Earning | 51.76 X | ||||
| Price To Book | 1.01 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.Moving together with Eaton Stock
| 0.66 | BX | Blackstone Group Financial Report 18th of July 2024 | PairCorr |
| 0.73 | CG | Carlyle Group Financial Report 2nd of May 2024 | PairCorr |
| 0.72 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
Moving against Eaton Stock
| 0.58 | WAVS | Western Acquisition | PairCorr |
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 Floating 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 Floating 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance Floating. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Eaton Vance Floating 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |
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 (0.82) | Dividend Share 1.272 | Earnings Share 1.73 | Revenue Per Share 2.165 | Quarterly Revenue Growth 0.334 |
The market value of Eaton Vance Floating 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.