Eaton Vance New York Municipal Income Trust Operating margin
What is the Operating margin of Eaton Vance New York Municipal Income Trust?
The Operating margin of Eaton Vance New York Municipal Income Trust is 80.57%
What is the definition of Operating margin?
Operating margin is the ratio of operating income divided by net sales and presented in percent.
ttm (trailing twelve months)
Operating margin is an indicator of profitability and is often used to compare the profitability of companies and industries of differing sizes. Companies are collections of projects and markets, individual areas can be judged on how successful they are at adding to the corporate net profit. Not all projects are of equal size, however, and one way to adjust for size is to divide the profit by sales revenue. The resulting ratio is the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted.
Operating margin of companies in the Finance sector on NYSEMKT compared to Eaton Vance New York Municipal Income Trust
What does Eaton Vance New York Municipal Income Trust do?
Eaton Vance New York Municipal Income Trust is a non-diversified, closed-end management investment company. The Trust's investment objective is to provide current income exempt from regular federal income tax and taxes in its specified state. The Trust invests primarily in debt securities issued by New York municipalities. The Trust invests in various sectors, including cogeneration, electric utilities, escrowed/prerefunded, hospital, housing, industrial development revenue, water and sewer, special tax, real estate, toll road, healthcare-acute, transportation, student loan and senior living/life care. The Trust may invest in residual interest bonds, also referred to as inverse floating rate securities, whereby it may sell a variable or fixed rate bond for cash to a Special-Purpose Vehicle (the SPV), while at the same time, buying a residual interest in the assets and cash flows of the SPV. The Trust's investment advisor is Eaton Vance Management.
Companies with operating margin similar to Eaton Vance New York Municipal Income Trust
- Golub Capital BDC Inc has Operating margin of 80.49%
- BMO Real Estate Investments Ltd has Operating margin of 80.51%
- BlackRock California Municipal Income Trust has Operating margin of 80.51%
- Eaton Vance Municipal Bond Fund has Operating margin of 80.54%
- Eaton Vance Senior Floating-Rate Trust has Operating margin of 80.55%
- Vastned Retail NV has Operating margin of 80.56%
- Eaton Vance New York Municipal Income Trust has Operating margin of 80.57%
- Triterras has Operating margin of 80.57%
- Pioneer Municipal High Income Fund Inc has Operating margin of 80.59%
- MFS Municipal Income Trust has Operating margin of 80.60%
- Gresham House Strategic Plc has Operating margin of 80.67%
- Nuveen Credit Strategies Income Fund has Operating margin of 80.72%
- Agnc Inv. Dl ,001 has Operating margin of 80.74%