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Eaton Vance National Municipal Opportunities Trust (Eaton Vance National Municipal Opportunities Trust) Scaled Net Operating Assets : 0.99 (As of Mar. 2024)


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What is Eaton Vance National Municipal Opportunities Trust Scaled Net Operating Assets?

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

Eaton Vance National Municipal Opportunities Trust's operating assets for the quarter that ended in Mar. 2024 was $333.19 Mil. Eaton Vance National Municipal Opportunities Trust's operating liabilities for the quarter that ended in Mar. 2024 was $4.38 Mil. Eaton Vance National Municipal Opportunities Trust's Total Assets for the quarter that ended in Sep. 2023 was $331.91 Mil. Therefore, Eaton Vance National Municipal Opportunities Trust's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.99.

Eaton Vance National Municipal Opportunities Trust 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 National Municipal Opportunities Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2024 )
=(Operating Assets (A: Mar. 2024 )-Operating Liabilities (A: Mar. 2024 ))/Total Assets (A: Mar. 2023 )
=(333.19-4.375)/327.288
=1.00

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=333.19 - 0
=333.19

Operating Liabilities(A: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=44.141 - 39.766 - 0
=4.375

Eaton Vance National Municipal Opportunities Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Sep. 2023 )
=(333.19-4.375)/331.906
=0.99

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=333.19 - 0
=333.19

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=44.141 - 39.766 - 0
=4.375

* 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.

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Eaton Vance National Municipal Opportunities Trust (Eaton Vance National Municipal Opportunities Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance National Municipal Opportunities Trust (NYSE:EOT) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Website
https://www.eatonvance.com
Eaton Vance National Municipal Opportunities Trust is a diversified, closed-end management investment company. The company's investment objective is to provide current income exempt from regular federal income tax and to achieve capital appreciation.
Executives
Kenneth A Topping officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer 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
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
William J Delahunty other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Eric Stein officer: President 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
Mark R Fetting other: Trustee LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Scott E Wennerholm other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110