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Eaton Vance Michigan Municipal Bond Fund (Eaton Vance Michigan Municipal Bond Fund) Net Margin % : -18.80% (As of Sep. 2018)


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What is Eaton Vance Michigan Municipal Bond Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Eaton Vance Michigan Municipal Bond Fund's Net Income for the six months ended in Sep. 2018 was $-0.05 Mil. Eaton Vance Michigan Municipal Bond Fund's Revenue for the six months ended in Sep. 2018 was $0.27 Mil. Therefore, Eaton Vance Michigan Municipal Bond Fund's net margin for the quarter that ended in Sep. 2018 was -18.80%.

The historical rank and industry rank for Eaton Vance Michigan Municipal Bond Fund's Net Margin % or its related term are showing as below:

MIW' s Net Margin % Range Over the Past 10 Years
Min: 17.73   Med: 79.98   Max: 126.31
Current: 17.76


MIW's Net Margin % is not ranked
in the Asset Management industry.
Industry Median: 86.05 vs MIW: 17.76

Eaton Vance Michigan Municipal Bond Fund Net Margin % Historical Data

The historical data trend for Eaton Vance Michigan Municipal Bond Fund's Net Margin % 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 Michigan Municipal Bond Fund Net Margin % Chart

Eaton Vance Michigan Municipal Bond Fund Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Net Margin %
Get a 7-Day Free Trial Premium Member Only 91.85 79.69 80.26 17.73 -69.92

Eaton Vance Michigan Municipal Bond Fund Semi-Annual Data
Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18
Net Margin % 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 75.50 155.33 74.89 -213.83 -18.80

Competitive Comparison of Eaton Vance Michigan Municipal Bond Fund's Net Margin %

For the Asset Management subindustry, Eaton Vance Michigan Municipal Bond Fund's Net Margin %, along with its competitors' market caps and Net Margin % 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 Michigan Municipal Bond Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Michigan Municipal Bond Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Eaton Vance Michigan Municipal Bond Fund's Net Margin % falls into.



Eaton Vance Michigan Municipal Bond Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Eaton Vance Michigan Municipal Bond Fund's Net Margin for the fiscal year that ended in Sep. 2018 is calculated as

Net Margin=Net Income (A: Sep. 2018 )/Revenue (A: Sep. 2018 )
=-0.251/0.359
=-69.92 %

Eaton Vance Michigan Municipal Bond Fund's Net Margin for the quarter that ended in Sep. 2018 is calculated as

Net Margin=Net Income (Q: Sep. 2018 )/Revenue (Q: Sep. 2018 )
=-0.05/0.266
=-18.80 %

* 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.


Eaton Vance Michigan Municipal Bond Fund  (AMEX:MIW) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Eaton Vance Michigan Municipal Bond Fund Net Margin % Related Terms

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

Traded in Other Exchanges
N/A
Address
Eaton Vance Michigan Municipal Bond Fund is a non-diversified, closed-end management investment company. The fund's investment objective is to provide current income exempt from regular federal income tax, including alternative minimum tax, and, in state-specific funds, taxes in its specified state. The company invests in various sectors, including education, electric utilities, insured-education, general obligations, insured-electric utilities, insured-general obligations, hospital, insured-bond bank, insured escrowed/pre-refunded, and water and sewer industries.
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
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
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Scott E Wennerholm other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Mark R Fetting other: Trustee LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Laurie G Hylton officer: Chief Financial Officer 255 STATE STREET, BOSTON MA 02109
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 Michigan Municipal Bond Fund (Eaton Vance Michigan Municipal Bond Fund) Headlines

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