Eaton Vance New York Muni. Incm. Trst Fd

Eaton Vance New York Muni. Incm. Trst Fd is an AMEX listed security that has been trading in a range between $14.23 and $16.10 over the past year. With 5,375,350 shares outstanding, a recent price of $15.01 gives a total market capitalization of $80,727,004. While there are certainly larger companies, Eaton Vance New York Muni. Incm. Trst Fd has definitely earned its place in the pack. Last year, Eaton Vance New York Muni. Incm. Trst Fd created $1.14 in earnings for every share outstanding.

Eaton Vance New York Muni. Incm. Trst Fd is currently priced by the market at 13.10 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.

With a share price under $50 a share and earnings per share in excess of $1 a share, Eaton Vance New York Muni. Incm. Trst Fd could be an interesting value proposition.