Mark Fetting - Eaton Vance Independent Trustee

EVT Fund  USD 25.51  0.21  0.83%   
Mark Fetting is Fund Manager at Eaton Vance Tax
Mr. Mark R. Fetting is an Independent Trustee of Eaton Vance TaxAdvantaged Dividend Income Fund. Mr. Fetting has served as a member of the Eaton Vance Fund Boards since September 1, 2016. He has over 30 years of experience in the investment management industry as an executive and in various leadership roles. From 2000 through 2012, Mr. Fetting served in several capacities at Legg Mason, Inc., including most recently serving as President, Chief Executive Officer, Director and Chairman from 2008 to his retirement in 2012. He also served as a DirectorTrustee and Chairman of the Legg Mason family of funds and DirectorTrustee of the Royce family of funds . From 2001 through 2008, Mr. Fetting also served as President of the Legg Mason family of funds. From 1991 through 2000, Mr. Fetting served as Division President and Senior Officer of Prudential Financial Group, Inc. and related companies. Early in his professional career, Mr. Fetting was a Vice President at T. Rowe Price and served in leadership roles within the firms mutual fund division from 1981 through 1987.
Age 67
Tenure 8 years
Phone617-482-8260
Webhttps://funds.eatonvance.com/Tax-Advantaged-Dividend-Income-Fund-EVT.php

Eaton Vance Management Performance (%)

The company has Return on Asset of 1.25 % which means that on every $100 spent on assets, it made $1.25 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (1.33) %, meaning that it generated no profit with money invested by stockholders. Eaton Vance's management efficiency ratios could be used to measure how well Eaton Vance manages its routine affairs as well as how well it operates its assets and liabilities.
Eaton Vance Tax has 447 M in debt with debt to equity (D/E) ratio of 0.24, which may show that the company is not taking advantage of profits from borrowing. Eaton Vance Tax has a current ratio of 1.12, demonstrating that it is not liquid enough and may have problems paying out its financial commitments when the payables are due. Debt can assist Eaton Vance until it has trouble settling it off, either with new capital or with free cash flow. So, Eaton Vance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eaton Vance Tax sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eaton to invest in growth at high rates of return. When we think about Eaton Vance's use of debt, we should always consider it together with cash and equity.

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Eaton Vance Tax-Advantaged Dividend Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. Eaton Vance Tax-Advantaged Dividend Income Fund was formed on September 30, 2003 and is domiciled in the United States. Eaton Vance is traded on New York Stock Exchange in the United States. The fund is not classified under any group at the present time.

Management Performance

Eaton Vance Tax Leadership Team

Elected by the shareholders, the Eaton Vance's board of directors comprises two types of representatives: Eaton Vance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eaton. The board's role is to monitor Eaton Vance's management team and ensure that shareholders' interests are well served. Eaton Vance's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Eaton Vance's outside directors are responsible for providing unbiased perspectives on the board's policies.
William Park, Independent Chairman of the Board of Trustee
James Kirchner, Treasurer
Mark Fetting, Independent Trustee
Maureen Gemma, Vice President, Secretary, Chief Legal Officer
Richard Froio, Chief Compliance Officer
Valerie Mosley, Independent Trustee
Susan Sutherland, Independent Trustee
Thomas Faust, Trustee
Edward Perkin, President
Helen Peters, Independent Trustee
Marcus Smith, Independent Trustee
Cynthia Frost, independent Trustee
Deidre Walsh, Vice President
Keith Quinton, Independent Trustee
George Gorman, Independent Trustee
Scott Wennerholm, Independent Trustee

Eaton Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Eaton Vance a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Information on Investing in Eaton Fund

Eaton Vance financial ratios help investors to determine whether Eaton Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eaton with respect to the benefits of owning Eaton Vance security.
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