As of June 1, 2025, Eaton Vance New York Municipal Income Trust (EVY) reports a ROA (Return on Assets) of 3.21%.
ROA (Return on Assets) evaluates how effectively a company turns its assets into profits, showcasing resource utilization.
Historical Trend of Eaton Vance New York Municipal Income Trust's ROA (Return on Assets)
Over recent years, Eaton Vance New York Municipal Income Trust's ROA (Return on Assets) has shown significant volatility. The table below summarizes the historical values:
| Date | ROA (Return on Assets) |
|---|---|
| 2020-11-30 | 3.21% |
| 2019-11-30 | 7.66% |
| 2018-11-30 | -0.75% |
| 2017-11-30 | 3.28% |
| 2016-11-30 | 0.03% |
This slight downward trend highlights how Eaton Vance New York Municipal Income Trust manages its efficiency in using assets to generate earnings over time.
Comparing Eaton Vance New York Municipal Income Trust's ROA (Return on Assets) to Peers
To better understand Eaton Vance New York Municipal Income Trust's position, it's useful to compare its ROA (Return on Assets) against industry peers. Below are selected comparisons:
| Company | ROA (Return on Assets) |
|---|---|
| Eaton Vance New York Municipal Income Trust (EVY) | 3.21% |
| Goldman Sachs MLP & Energy Renaissance Fund (GER) | 26.65% |
| Premium Income Corp (PIC.A.TO) | 23.26% |
| Global Dividend Growers Income Fund (GDG.UN.TO) | 7.25% |
| Delaware Investments Colorado Municipal Income Fund Inc (VCF) | 6.89% |
| Greencity Acquisition Corp (GRCY) | 3.24% |
Compared to its competitors, Eaton Vance New York Municipal Income Trust's ROA (Return on Assets) is among the highest compared to peers, demonstrating superior efficiency in generating earnings from assets.