Eaton Vance Enhanced Equity Income Fund (EOI)
Financial Services · NYQ
Fundamentals
Valuation and ratings
Eaton Vance Enhanced Equity Income Fund trades at USD19.70, close to the USD20.06 our discounted cash flow model puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 52 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 8.3 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
EOI dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | USD0.938 | 7 |
| 2025 | USD1.61 | 12 |
| 2024 | USD1.54 | 12 |
| 2023 | USD1.32 | 12 |
| 2022 | USD1.32 | 12 |
| 2021 | USD1.18 | 12 |
| 2020 | USD1.08 | 12 |
| 2019 | USD1.08 | 12 |
| 2018 | USD1.03 | 12 |
| 2017 | USD1.03 | 12 |
| 2016 | USD1.03 | 12 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
About Eaton Vance Enhanced Equity Income Fund
Eaton Vance Enhanced Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap and mid-cap companies with a focus on investing in companies with above average growth and financial condition against valuation in selecting individual securities. It benchmarks the performance of its portfolio against S&P 500 Index. Eaton Vance Enhanced Equity Income Fund was formed on October 29, 2004 and is domiciled in the United States.
EOI passes 2 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Eaton Vance Enhanced Equity Income Fund (EOI) undervalued?
Against our discounted cash flow estimate of USD20.06, EOI at USD19.70 is 2% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is EOI's P/E ratio?
EOI trades at 8.3 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Eaton Vance Enhanced Equity Income Fund (EOI) pay a dividend?
Yes. Eaton Vance Enhanced Equity Income Fund yields 8.02% at the current share price. It has paid USD1.61 per share over the trailing twelve months. It has paid a dividend in each of the last 22 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.