Eaton Vance Senior Income Trust is a closed-end management investment company. The Trust's investment objective is to provide current income, consistent with the preservation of capital, by investing primarily in senior, secured floating-rate loans. We show 1 historical shares outstanding datapoints in our EVF shares outstanding history coverage, used to compute EVF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EVF market cap history over the course of time is important for investors
interested in comparing EVF's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of EVF versus a peer is one thing; comparing
EVF market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like EVF can fluctuate over the course of history.
With this page we aim to empower investors researching EVF by allowing them to research the EVF market cap history. |
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Video: The Importance of Market Cap
