Eaton Vance National Municipal Opportunities Trust (Eaton Vance National Municipal Opportunities Trust) 12-1 Month Momentum % : -3.73% (As of May. 02, 2024)

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What is Eaton Vance National Municipal Opportunities Trust 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-02), Eaton Vance National Municipal Opportunities Trust's 12-1 Month Momentum % is -3.73%.

The industry rank for Eaton Vance National Municipal Opportunities Trust's 12-1 Month Momentum % or its related term are showing as below:

EOT's 12-1 Month Momentum % is ranked worse than
64.32% of 1735 companies
in the Asset Management industry
Industry Median: 1.55 vs EOT: -3.73

Competitive Comparison of Eaton Vance National Municipal Opportunities Trust's 12-1 Month Momentum %

For the Asset Management subindustry, Eaton Vance National Municipal Opportunities Trust's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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 National Municipal Opportunities Trust's 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance National Municipal Opportunities Trust's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Eaton Vance National Municipal Opportunities Trust's 12-1 Month Momentum % falls into.

Eaton Vance National Municipal Opportunities Trust (NYSE:EOT) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-month ago

- 1 )

100 %

* 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 National Municipal Opportunities Trust (NYSE:EOT) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Eaton Vance National Municipal Opportunities Trust 12-1 Month Momentum % Related Terms

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Eaton Vance National Municipal Opportunities Trust (Eaton Vance National Municipal Opportunities Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance National Municipal Opportunities Trust (NYSE:EOT) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Two International Place, Boston, MA, USA, 02110

Website

https://www.eatonvance.com

Eaton Vance National Municipal Opportunities Trust is a diversified, closed-end management investment company. The company's investment objective is to provide current income exempt from regular federal income tax and to achieve capital appreciation.

Executives

Kenneth A Topping	officer: President	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda	officer: Officer	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser	other: Trustee	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo	officer: Secretary	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nancy A Wiser	other: Trustee	WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon	officer: Secretary	TWO INTERNATIONAL PLACE, BOSTON MA 02110
William J Delahunty	other: Portfolio Manager	255 STATE STREET, BOSTON MA 02109
Kimberly M Roessiger	officer: Secretary	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Deidre E Walsh	officer: Vice President	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Eric Stein	officer: President	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton	other: Trustee	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Marcus L. Smith	other: Trustee	555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
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