Eaton Vance Floating-Rate 2022 Target Term Trust is a diversified, closed-end management investment company. The Trust’s investment objectives are high current income and to return $9.85 per share, the original net asset value per common share before deducting offering costs of $0.02 per common share, to holders of common shares of record on or about October 31, 2022. The Trust invests in various sectors including electronics/electrical, healthcare, business equipment and services, lodging and casinos, telecommunications, cable and satellite television, chemicals and plastics, oil and gas, industrial equipment, and drugs. The Trust's investment advisor is Eaton Vance Management.
General Outlook
In simple terms, Eaton Vance Floating-Rate 2022 Target Term Trust has 23.679 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 1.000% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is 0.986%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of 0.986%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust 0.105% return, is a testament to Eaton Vance Floating-Rate 2022 Target Term Trust's adeptness in optimizing resource deployment. Eaton Vance Floating-Rate 2022 Target Term Trust's utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of 0.128%. Furthermore, the proficiency of Eaton Vance Floating-Rate 2022 Target Term Trust in capital utilization is underscored by a remarkable 0.105% return on capital employed.
Stock Prices
Eaton Vance Floating-Rate 2022 Target Term Trust's stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $8.59, while its low point bottomed out at $8.54. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Eaton Vance Floating-Rate 2022 Target Term Trust's stock market.
