EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND (EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND) Debt-to-Equity : 0.28 (As of Oct. 2023)

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What is EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND Debt-to-Equity?

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.00 Mil. EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $447.00 Mil. EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $1,608.16 Mil. EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's debt to equity for the quarter that ended in Oct. 2023 was 0.28.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Debt-to-Equity or its related term are showing as below:

EVT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.25 Max: 0.29
Current: 0.28

During the past 7 years, the highest Debt-to-Equity Ratio of EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND was 0.29. The lowest was 0.21. And the median was 0.25.

EVT's Debt-to-Equity is ranked worse than
57.21% of 1019 companies
in the Asset Management industry
Industry Median: 0.19 vs EVT: 0.28

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND Debt-to-Equity Historical Data

The historical data trend for EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Debt-to-Equity 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 TAX ADVANTAGED DIVIDENDOME FUND Debt-to-Equity Chart

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND Annual Data

Trend

Aug17

Aug18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

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0.25

0.29

0.21

0.25

0.28

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND Semi-Annual Data
	Aug17	Feb18	Aug18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial								0.21	0.24	0.25	0.25	0.28

Competitive Comparison of EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Debt-to-Equity

For the Asset Management subindustry, EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 TAX ADVANTAGED DIVIDENDOME FUND's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Debt-to-Equity falls into.

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	447)	/	1608.161
	=	0.28

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Debt to Equity Ratio for the quarter that ended in Oct. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	447)	/	1608.161
	=	0.28

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND (NYSE:EVT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND (EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » EATON VANCE TAX ADVANTAGED DIVIDEND INCOME FUND (NYSE:EVT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Two International Place, Boston, MA, USA, 02110

Website

https://www.eatonvance.com

EATON VANCE TAX ADVANTAGED DIVIDEND INCOME FUND is a diversified, closed-end management investment company. Its objective is to provide a high level of after-tax total return consisting mainly 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 electric utilities, energy equipment and services, food products, health care providers and services, internet software and services, and other areas.

Executives

Derek Digregorio	other: Portfolio Manager	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda	officer: Officer	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Williams Ray Kelly Jr	officer: President	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
Joseph M Mehlman	officer: Portfolio Manager	MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVENUE, FLOOR 20, NEW YORK NY 10036
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
Kimberly M Roessiger	officer: Secretary	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Deidre E Walsh	officer: Vice President	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Bradley T Galko	officer: Portfolio Manager	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton	other: Trustee	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Marcus L. Smith	other: Trustee	555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Froio Richard F Sr	officer: Chief Compliance Officer	C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Aaron Dunn	director	2 INTERNATIONAL PLACE, BOSTON MA 02110

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