Eaton Vance Tax-Advantage Global Dividend Opp Common Stock (ETO)

FairStock Score: 65/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach ETO as a closed-end fund, not an operating business. At the 2026-10-13 close of $30.43, the market cap is $479.2M and FairStock calculates a P/B of 0.93, so investors are paying slightly less than book value for a global dividend-value portfolio. The 6.84% dividend yield is the main attraction, and the FairStock Graham Number of $78.83 against that price implies a 61.40% margin of safety. The FairStock P/E of 3.62 looks extremely cheap, but for a fund these figures can be distorted by unrealized gains, realized gains, and distributions, so I would not treat them like an operating company's earnings. The FairStock ROE of 28.35% is strong as calculated, though the ROCE of 2.04% is weak and suggests limited capital efficiency. Leverage is modest with D/E of 0.19, and the FairStock Altman Z-Score of 3.21 does not signal distress. However, the FairStock Piotroski F-Score of 2/9 is poor, and there are no revenue or profit growth figures; the Lynch category is none because only 0 years of filed results are available. A closed-end fund has no classic moat—only the manager's process and the portfolio's holdings—and its discount or premium to book value often swings with sentiment. The FairStock Score of 65/100 and beta of 1.36 suggest a mixed, somewhat volatile opportunity. I would want to see whether the high distribution is covered by income and gains, whether the discount narrows, and whether future filed results improve the quality signals.

In plain English: Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a closed-end fund that owns dividend-paying value stocks from around the world. It trades at a small discount to the value of its assets per share and pays a high 6.84% income yield, while its reported figures make it look inexpensive. But its financial-strength signals are weak and there is little filed history to judge consistency, so the cheapness comes with real uncertainty.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer