Scott Eston - Eaton Vance Independent Trustee
Scott Eston is Portfolio Manager at Eaton Vance New
Mr. Scott E. Eston is an Independent Trustee of Eaton Vance New Jersey Municipal Income Trust since September 1, 2011. He currently serves on the investment and advisory board of the BAC Seed Fund, a real estate investment firm, on the board and on the investment committee of Michigan State University Foundation, and on the investment advisory committee of Michigan State University. From 1997 through 2009, Mr. Eston served in several capacities at Grantham, Mayo, Van Otterloo and Co., including as Chairman of the Executive Committee and Chief Operating and Chief Financial Officer, and also as the President and Principal Executive officer of GMO Trust, an affiliated openend registered investment company. From 1978 through 1997, Mr. Eston was employed at Coopers Lybrand L.L.P. .
| Age | 60 |
| Tenure | 13 years |
| Phone | 617-482-8260 |
| Web | http://funds.eatonvance.com/New-Jersey-Municipal-Income-Trust-EVJ.php |
Eaton Vance Management Efficiency
The company has Return on Asset of 2.18 % which means that on every $100 spent on assets, it made $2.18 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.81 %, implying that it generated $0.81 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.The company has 32.85 M in debt with debt to equity (D/E) ratio of 54.5, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Eaton Vance New has a current ratio of 7.33, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Eaton Vance until it has trouble settling it off, either with new capital or with free cash flow. So, Eaton Vance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eaton Vance New sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eaton to invest in growth at high rates of return. When we think about Eaton Vance's use of debt, we should always consider it together with cash and equity.
Eaton Vance New Jersey Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. Eaton Vance New Jersey Municipal Income Trust was organized in 1998 and is based in Boston, Massachusetts. Eaton Vance operates under Asset Management classification in USA and is traded on American Stock Exchange. Eaton Vance New [EVJ] is traded in USA and was established null. Management Performance
| Return On Equity | 0.81 | |||
| Return On Asset | 2.18 |
Eaton Vance New Money Managers
| William Park, Independent Trustee | ||
| James Kirchner, Treasurer | ||
| Maureen Gemma, Chief Legal Officer, VP and Secretary | ||
| Valerie Mosley, Independent Trustee | ||
| Payson Swaffield, Vice President | ||
| Daniel Cataldo, Treasurer | ||
| Thomas Faust, Independent Trustee | ||
| Harriett Taggart, Independent Trustee | ||
| Helen Peters, Independent Trustee | ||
| Paul ONeil, Chief Compliance Officer | ||
| Scott Eston, Independent Trustee | ||
| Ralph Verni, Independent Chairman of the Board of Trustees | ||
| Cynthia Frost, Independent Trustee | ||
| George Gorman, Independent Trustee |
Eaton Etf Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right etf 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 | 0.81 | |||
| Return On Asset | 2.18 | |||
| Profit Margin | 12.24 % | |||
| Operating Margin | 80.97 % | |||
| Current Valuation | 87.89 M | |||
| Shares Outstanding | 4.6 M | |||
| Shares Owned By Institutions | 27.99 % | |||
| Number Of Shares Shorted | 8.84 K | |||
| Price To Earning | 114.34 X | |||
| Price To Book | 0.93 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eaton Vance in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eaton Vance's short interest history, or implied volatility extrapolated from Eaton Vance options trading.
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 Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Other Consideration for investing in Eaton Etf
If you are still planning to invest in Eaton Vance New check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Eaton Vance's history and understand the potential risks before investing.
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