ETG (Eaton Vance Tax Advgd Gbl Div Fd) Scaled Net Operating Assets: 1.14 (As of Oct. 2025)


ETG Eaton Vance Tax Advgd Gbl Div Inc Fd ETG
46 GF Score
Price $22.84
GF Value $37.82
Valuation Possible Value Trap
! 7 Warning Signs
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What is Eaton Vance Tax Advgd Gbl Div Fd Scaled Net Operating Assets?

Eaton Vance Tax Advgd Gbl Div Fd ETG -0.39% 46 Scaled Net Operating Assets is 1.14 as of Oct. 2025. GuruFocus rates ETG with a GF Score™ of 46/100 and a GF Value™ of $37.82 (Possible Value Trap). The stock has 7 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Eaton Vance Tax Advgd Gbl Div Fd's operating assets for the quarter that ended in Oct. 2025 was $2,147.3 Mil. Eaton Vance Tax Advgd Gbl Div Fd's operating liabilities for the quarter that ended in Oct. 2025 was $4.8 Mil. Eaton Vance Tax Advgd Gbl Div Fd's Total Assets for the quarter that ended in Apr. 2025 was $1,881.4 Mil. Therefore, Eaton Vance Tax Advgd Gbl Div Fd's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2025 was 1.14.

ETG
46GF Score
Eaton Vance Tax Advgd Gbl Div Inc Fd ETG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Eaton Vance Tax Advgd Gbl Div Fd Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Eaton Vance Tax Advgd Gbl Div Fd's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2025 )
=(Operating Assets (A: Oct. 2025 )-Operating Liabilities (A: Oct. 2025 ))/Total Assets (A: Oct. 2024 )
=(2147.256-4.814)/1940.223
=1.10

where

Operating Assets(A: Oct. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2147.494 - 0.238
=2147.256

Operating Liabilities(A: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=374.814 - 370 - 0
=4.814

Eaton Vance Tax Advgd Gbl Div Fd's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2025 )
=(Operating Assets (Q: Oct. 2025 )-Operating Liabilities (Q: Oct. 2025 ))/Total Assets (Q: Apr. 2025 )
=(2147.256-4.814)/1881.424
=1.14

where

Operating Assets(Q: Oct. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2147.494 - 0.238
=2147.256

Operating Liabilities(Q: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=374.814 - 370 - 0
=4.814

* 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.

What does a Scaled Net Operating Assets of 1.14 mean?
Eaton Vance Tax Advgd Gbl Div Fd (ETG) has a Scaled Net Operating Assets of 1.14 as of Oct. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Eaton Vance Tax Advgd Gbl Div Fd and its competitors.
Is Eaton Vance Tax Advgd Gbl Div Fd's Scaled Net Operating Assets too high?
Eaton Vance Tax Advgd Gbl Div Fd's current Scaled Net Operating Assets is 1.14. Overall, Eaton Vance Tax Advgd Gbl Div Fd has a GF Score™ of 46/100 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 Scaled Net Operating Assets compare to RQI and USA?
Eaton Vance Tax Advgd Gbl Div Fd's Scaled Net Operating Assets of 1.14 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Eaton Vance Tax Advgd Gbl Div Fd and its competitors. Eaton Vance Tax Advgd Gbl Div Fd's current Scaled Net Operating Assets is 1.14. 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 $37.82, compared to a current price of $22.84 — trading 39.6% below its estimated fair value. The current Scaled Net Operating Assets is 1.14. Eaton Vance Tax Advgd Gbl Div Fd's overall GF Score™ is 46/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Eaton Vance Tax Advgd Gbl Div Fd (ETG), the current Scaled Net Operating Assets is 1.14 as of Oct. 2025. 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 $22.84 is trading 39.6% below its estimated GF Value™ of $37.82. GuruFocus considers Eaton Vance Tax Advgd Gbl Div Fd to be Possible Value Trap.

Key valuation signals for ETG:

  • Scaled Net Operating Assets: 1.14
  • GF Value™: $37.82 vs. price of $22.84 (39.6% below fair value)
  • GF Score™: 46/100 with 7 warning signs

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

Address One Post Office Square, Boston, MA, USA, 02109
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.
46GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.84
Price
$37.82
GF Value