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Eaton Vance Massachusetts Municipal Bond Fund (Eaton Vance Massachusetts Municipal Bond Fund) Book Value per Share : $14.26 (As of Sep. 2018)


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What is Eaton Vance Massachusetts Municipal Bond Fund Book Value per Share?

Eaton Vance Massachusetts Municipal Bond Fund's book value per share for the quarter that ended in Sep. 2018 was $14.26.

During the past 12 months, Eaton Vance Massachusetts Municipal Bond Fund's average Book Value Per Share Growth Rate was -7.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Eaton Vance Massachusetts Municipal Bond Fund was 5.90% per year. The lowest was -2.80% per year. And the median was -0.80% per year.

Eaton Vance Massachusetts Municipal Bond Fund's current price is $12.28. Its book value per share for the quarter that ended in Sep. 2018 was $14.26. Hence, today's PB Ratio of Eaton Vance Massachusetts Municipal Bond Fund is 0.86.

During the past 9 years, the highest P/B Ratio of Eaton Vance Massachusetts Municipal Bond Fund was 1.16. The lowest was 0.75. And the median was 0.94.

Good Sign:

Eaton Vance Massachusetts Municipal Bond Fund stock PB Ratio (=0.88) is close to 3-year low of 0.83


Eaton Vance Massachusetts Municipal Bond Fund Book Value per Share Historical Data

The historical data trend for Eaton Vance Massachusetts Municipal Bond Fund's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eaton Vance Massachusetts Municipal Bond Fund Book Value per Share Chart

Eaton Vance Massachusetts Municipal Bond Fund Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Book Value per Share
Get a 7-Day Free Trial Premium Member Only 15.18 15.08 16.07 14.82 14.26

Eaton Vance Massachusetts Municipal Bond Fund Semi-Annual Data
Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.07 15.00 14.82 14.63 14.26

Competitive Comparison of Eaton Vance Massachusetts Municipal Bond Fund's Book Value per Share

For the Asset Management subindustry, Eaton Vance Massachusetts Municipal Bond Fund's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eaton Vance Massachusetts Municipal Bond Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Massachusetts Municipal Bond Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Eaton Vance Massachusetts Municipal Bond Fund's PB Ratio falls into.



Eaton Vance Massachusetts Municipal Bond Fund Book Value per Share Calculation

Eaton Vance Massachusetts Municipal Bond Fund's Book Value Per Share for the fiscal year that ended in Sep. 2018 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(25.24-0.00)/1.77
=14.26

Eaton Vance Massachusetts Municipal Bond Fund's Book Value Per Share for the quarter that ended in Sep. 2018 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(25.24-0.00)/1.77
=14.26

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Eaton Vance Massachusetts Municipal Bond Fund  (AMEX:MAB) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Eaton Vance Massachusetts Municipal Bond Fund Book Value per Share Related Terms

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Eaton Vance Massachusetts Municipal Bond Fund (Eaton Vance Massachusetts Municipal Bond Fund) Business Description

Traded in Other Exchanges
N/A
Address
Eaton Vance Massachusetts Municipal Bond Fund is a closed-end investment company. Its objective is to provide current income exempt from regular federal income tax, including alternative minimum tax, and in state-specific funds, tax in its specified state.
Executives
Marcus L. Smith other: Trustee 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Mark R Fetting other: Trustee LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Scott E Wennerholm other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Laurie G Hylton officer: Chief Financial Officer 255 STATE STREET, BOSTON MA 02109
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Group Ag Ubs other: Former 10% Owner BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Susan J Sutherland other: Trustee MONTPELIER HOUSE, 94 PITTS BAY ROAD, HAMILTON D0 HM 08
George J. Gorman other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Cynthia Frost other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02148
Lynn A Stout director C/O EATON VANCE, THE EATON VANCE BLDG., 255 STATE ST., BOSTON MA 02109
Valerie Mosley other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
James F Kirchner officer: Treasurer TWO INTERNATIONAL PLACE, BOSTON MA 02110

Eaton Vance Massachusetts Municipal Bond Fund (Eaton Vance Massachusetts Municipal Bond Fund) Headlines