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Eaton quote and profile

 
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9.65
  
FUND
(0.02)  Macroaxis: -0.21 Down   0.21%  
May 23 2013 

Diversification Suggestion

Use Eaton to protect against small markets fluctuations. The fund experiences normal downward trend and little activity
Analyze Eaton Vance NJ Munic Trend or Check current 30 days Eaton correlation with market (S&P 500)
1 Month Beta -0.04  
Highest Price:  
Lowest Price:  
9.68  
9.63  
May 17 2013 
April 23 2013 
As returns on market increase, returns on owning Eaton are expected to decrease at a much smaller rate. During bear market, Eaton is likely to outperform the market.
Eaton Vance NJ Municipal Income A Almost negative betaEaton Vance NJ Munic Beta Legend
ETNJX United States NASDAQ
Eaton Vance NJ Municipal Income A
Eaton Vance
Muni New Jersey
Benchmark S&P 500
Contact Number: 800. 262. 1122
Currency: USD - US Dollar
Traded on NASDAQ Stock Exchange
    
Number of Employees1
Net Asset210.03 M
Last Dividend Paid0.03
 United States Nasdaq   0.97 % Macroaxis: 0.97 Moved Up  
 
 United States Russel   0.21 % Macroaxis: 0.21 Moved Up  
 
 thisRed ETNJX ETNJX agains markets  0.21 % Macroaxis: 0.21 Moved Down  
 
 United States SP 500   0.29 % Macroaxis: 0.29 Moved Down  
 
 United States NYSE   0.44 % Macroaxis: 0.44 Moved Down  
 
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Adam Weigold  Money Manager
Fund Manager since February 21, 2010
Adam A. Weigold is the portfolio manager of the Pennsylvania Fund and the New Jersey Fund . Each portfolio manager is a Vice President of Eaton Vance and BMR and also manages other Eaton Vance portfolios, and Mr. ...
    

Eaton Price and Market Media

The median price of Eaton for the period between Tue, Apr 23, 2013 and Thu, May 23, 2013 is 9.66 with a coefficient of variation of 0.16. The daily time series for the period is distributed with a sample standard deviation of 0.02, arithmetic mean of 9.66, and mean deviation of 0.01. The Fund did not receive any noticable media coverage during the period.
Eaton         SP 500
Price Growth (%)
 

Eaton Summary

Eaton Vance NJ Municipal Income A [ETNJX] is traded in USA and was established in April 12, 1994. The fund is listed under Muni New Jersey category and is part of Eaton Vance family. This fund currently has accumulated 210.03 M in assets under management (AUM) with minimum initial investment of 1 K. Eaton Vance NJ Municipal Income A is currently producing year-to-date (YTD) return of 0.24% with the current yeild of 3.96%, while the total return for the last 3 years was 9.59%.

Fund Instrument Allocation for Eaton

The fund consists of 96.39% investments in fixed income securities, with the rest of funds allocated in cash.
Past Market
Over 30
Days
11
Out Of
100
 
Chance of
Less
Than
%
 
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Eaton Research Report

Eaton vs. Vanguard

Correlation analysis and fundamentals comparison between Eaton Vance NJ Munic and Vanguard NJ LongTerm

Eaton Asset Under Management

Eaton Vance NJ Municipal Income A is rated below average in net asset among similar funds. Total Asset Under Management (AUM) of Muni New Jersey category is currently estimated at about 13.99 Billion. Eaton claims roughly 210.03 Million in net asset contributing just under 2% to funds under Muni New Jersey category.

Eaton Fundamentals

Five Year Return vs Cash Position Weight
Ten Year Return vs Minimum Initial Investment
Five Year Return vs Last Dividend Paid
Three Year Return vs Minimum Initial Investment

Eaton vs Competition

Eaton vs. Vanguard NJ LongTerm TaxExempt Inv
Eaton vs. Vanguard NJ LongTerm TaxExempt Adm
Eaton vs. Franklin NJ TaxFree Income Adv
Eaton vs. Franklin NJ TaxFree Income B
Eaton vs. Franklin NJ TaxFree Income C
Eaton vs. Franklin NJ TaxFree Income A
Eaton vs. Fidelity New Jersey Municipal Income
Eaton vs. Oppenheimer NJ Municipal Y
Eaton vs. Oppenheimer NJ Municipal B
Eaton vs. Oppenheimer NJ Municipal A

Eaton May 23 2013 Opportunity Range

Downside Deviation0.1156
Information Ratio(2.24)
Maximum Drawdown0.3107
Value At Risk(0.10)
Potential Upside0.1038

 
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