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Eaton Vance Short Duration Diversifiedome Fund (Eaton Vance Short Duration Diversifiedome Fund) 5-Year RORE % : -8.87% (As of Oct. 2023)


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What is Eaton Vance Short Duration Diversifiedome Fund 5-Year RORE %?

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 Short Duration Diversifiedome Fund's 5-Year RORE % for the quarter that ended in Oct. 2023 was -8.87%.

The industry rank for Eaton Vance Short Duration Diversifiedome Fund's 5-Year RORE % or its related term are showing as below:

EVG's 5-Year RORE % is ranked worse than
62.86% of 1376 companies
in the Asset Management industry
Industry Median: 7.57 vs EVG: -8.87

Eaton Vance Short Duration Diversifiedome Fund 5-Year RORE % Historical Data

The historical data trend for Eaton Vance Short Duration Diversifiedome Fund's 5-Year RORE % 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 Short Duration Diversifiedome Fund 5-Year RORE % Chart

Eaton Vance Short Duration Diversifiedome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
5-Year RORE %
Get a 7-Day Free Trial - - - - -8.87

Eaton Vance Short Duration Diversifiedome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
5-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 16.24 -8.87

Competitive Comparison of Eaton Vance Short Duration Diversifiedome Fund's 5-Year RORE %

For the Asset Management subindustry, Eaton Vance Short Duration Diversifiedome Fund's 5-Year RORE %, along with its competitors' market caps and 5-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 Short Duration Diversifiedome Fund's 5-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Short Duration Diversifiedome Fund's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Eaton Vance Short Duration Diversifiedome Fund's 5-Year RORE % falls into.



Eaton Vance Short Duration Diversifiedome Fund 5-Year RORE % Calculation

Eaton Vance Short Duration Diversifiedome Fund's 5-Year RORE % for the quarter that ended in Oct. 2023 is calculated as:

5-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 5-year -Cumulative Dividends per Share for 5-year )
=( 0.988-0.609 )/( 0.733-5.008 )
=0.379/-4.275
=-8.87 %

* 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 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Oct. 2023 and 5-year before.


Eaton Vance Short Duration Diversifiedome Fund  (NYSE:EVG) 5-Year RORE % Explanation

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, 5-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 Short Duration Diversifiedome Fund 5-Year RORE % Related Terms

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Eaton Vance Short Duration Diversifiedome Fund (Eaton Vance Short Duration Diversifiedome Fund) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance Short Duration Diversified Income Fund is a diversified, closed-end management investment company. Its primary investment objective is to provide a high level of current income with a secondary objective of seeking capital appreciation to the extent consistent with its primary goal. The portfolio of investments consists of business equipment and services, automotive, cable and satellite television, chemicals and plastics, food products, and other areas.
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
Federico C Sequeda other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Ali Akbar Causer other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
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: [email protected] C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Scott H Page officer: Vice President 255 STATE STREET, BOSTON MA 02109
Sarah Orvin other: Portfolio Manager 2 INTERNATIONAL PLACE, BOSTON MA 02110