Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
Eaton Vance Tax Advgd Gbl Div Fd's 3-Year RORE % for the quarter that ended in Apr. 2026 was 48.08%.
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
Eaton Vance Tax Advgd Gbl Div Fd 3-Year RORE % Related Terms
Eaton Vance Tax Advgd Gbl Div Fd 3-Year RORE % Historical Data
* 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.
For the Asset Management subindustry, Eaton Vance Tax Advgd Gbl Div Fd's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 Tax Advgd Gbl Div Fd 3-Year RORE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Eaton Vance Tax Advgd Gbl Div Fd's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Eaton Vance Tax Advgd Gbl Div Fd's 3-Year RORE % falls into.
* 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.
In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Apr. 2026 and 3-year before.
Eaton Vance Tax Advgd Gbl Div Fd (ETG) has a 3-Year RORE % of 48.08 as of Apr. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Eaton Vance Tax Advgd Gbl Div Fd and its competitors. According to the industry distribution chart, Eaton Vance Tax Advgd Gbl Div Fd ranks #499 out of 1535 companies in the Asset Management industry, placing it in the top 32.5%.
Is Eaton Vance Tax Advgd Gbl Div Fd's 3-Year RORE % too high?
Eaton Vance Tax Advgd Gbl Div Fd's current 3-Year RORE % is 48.08. The Asset Management industry median 3-Year RORE % is 12.50. Eaton Vance Tax Advgd Gbl Div Fd's value of 48.08 is 284.6% above this industry median. Based on the distribution chart, Eaton Vance Tax Advgd Gbl Div Fd ranks #499 out of 1535 companies in the Asset Management industry, which is above the industry midpoint. Overall, Eaton Vance Tax Advgd Gbl Div Fd has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance Tax Advgd Gbl Div Fd's 3-Year RORE % compare to GAB and PAX?
According to the Asset Management industry distribution chart, Eaton Vance Tax Advgd Gbl Div Fd ranks #499 out of 1535 companies for 3-Year RORE %. This puts Eaton Vance Tax Advgd Gbl Div Fd in the upper half of its industry. The industry median 3-Year RORE % is 12.50. Eaton Vance Tax Advgd Gbl Div Fd's value of 48.08 is 284.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Asset Management company?
The median 3-Year RORE % among Asset Management companies is 12.50, based on 1,535 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eaton Vance Tax Advgd Gbl Div Fd's current 3-Year RORE % of 48.08 is 284.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Eaton Vance Tax Advgd Gbl Div Fd and its competitors. For the Asset Management industry, the median 3-Year RORE % is 12.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eaton Vance Tax Advgd Gbl Div Fd's current 3-Year RORE % is 48.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance Tax Advgd Gbl Div Fd stock overvalued right now?
Based on GuruFocus' analysis, Eaton Vance Tax Advgd Gbl Div Fd (ETG) is currently considered Possible Value Trap. The stock's GF Value™ is $39.82, compared to a current price of $23.43 — trading 41.2% below its estimated fair value. The current 3-Year RORE % is 48.08 and 284.6% above the Asset Management industry median of 12.50. Eaton Vance Tax Advgd Gbl Div Fd's overall GF Score™ is 50/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Eaton Vance Tax Advgd Gbl Div Fd (ETG), the current 3-Year RORE % is 48.08 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Eaton Vance Tax Advgd Gbl Div Fd (ETG) Overvalued in 2026?
Based on GuruFocus' analysis, Eaton Vance Tax Advgd Gbl Div Fd stock appears to be undervalued.
The current stock price of $23.43 is trading 41.2% below its estimated GF Value™ of $39.82.
GuruFocus considers Eaton Vance Tax Advgd Gbl Div Fd to be Possible Value Trap.
Key valuation signals for ETG:
3-Year RORE %: 48.08
GF Value™: $39.82 vs. price of $23.43 (41.2% below fair value)
Industry Position: 284.6% above the Asset Management median (#499 of 1535)
No single metric tells the full story. See the ETG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eaton Vance Tax Advgd Gbl Div Fd Business Description
Eaton Vance Tax Advgd Gbl Div Inc Fd is a diversified, closed-end management investment company. Its investment objective is to provide a high level of after-tax total return consisting of tax-advantaged dividend income and capital appreciation. The fund pursues its objective by investing in dividend-paying common and preferred stocks. Its portfolio of investments consists of aerospace and defense, capital markets, diversified telecommunication services, electrical equipment, biotechnology, banks, and other areas.
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