Eaton Vance Tax Advantaged Dividend Income Fund Common Shares of Beneficial Interest (EVT)

FairStock Score: 55/100 — STEADY

Key Financials

AI Analysis

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

I look at Eaton Vance Tax-Advantaged Dividend Income Fund not as an operating business but as a closed-end portfolio of dividend-paying value stocks. At the 2026-10-13 close of $27.89 and a $1.9B market cap, FairStock's calculations show a P/B of 0.98, a 7.04% dividend yield, a beta of 1.02, ROE of 24.17%, ROCE of 1.06%, a Piotroski F-Score of 2/9, and an Altman Z-Score of 2.94. FairStock's P/E is 4.36, which looks striking, but for a fund earnings can be lumpy and driven by realized gains, so I would not treat that as a durable owner-earnings multiple. The Graham Number of $64.11 and 56.50% margin of safety suggest the price is cheap versus a conservative value estimate, yet the quality signals are mixed: the high ROE contrasts with ROCE of only 1.06%, and the Piotroski F-Score of 2/9 is weak. The Altman Z-Score of 2.94 sits in a grey zone. Leverage, with D/E of 0.21, is not alarming but warrants watching in a closed-end fund. The fund's moat is not a competitive business advantage; it is manager skill, tax-advantaged distribution, and the closed-end structure. There is no Lynch category because only 0 years of filed results are available, and revenue/profit growth is N/A. The FairStock Score of 55/100 supports a middling view. At 0.98 times book and a 7.04% yield, the price looks modestly attractive, but weak F-score and unproven growth mean I would need more evidence of stable NAV and distribution coverage before calling it a true bargain.

In plain English: Eaton Vance Tax-Advantaged Dividend Income Fund is a closed-end fund that owns dividend-paying value stocks and aims to pay tax-advantaged income. The numbers are mixed: it offers a high 7.04% dividend yield and trades near its book value, but its financial strength scores are weak and growth is not clear. At the recent close, the price looks somewhat cheap on a value estimate but only fair when weighed against the weak quality signals.

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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