abrdn Emerging Markets ex-China Fund (AEF) vs Eaton Vance Municipal Income (EVN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
abrdn Emerging Markets ex-China Fund (AEF) has outperformed Eaton Vance Municipal Income (EVN) over the past year, gaining 45.5% versus a loss of 15.9%. Over five years, AEF leads with a +12.1% price change compared with -34.1% for EVN. abrdn Emerging Markets ex-China Fund is the larger company by market cap ($384.5 million vs $364.1 million), about 1.1 times the size.
On valuation, abrdn Emerging Markets ex-China Fund trades at a lower trailing P/E (2.0x vs 9.9x for Eaton Vance Municipal Income). abrdn Emerging Markets ex-China Fund offers the higher dividend yield (8.34% vs 3.36%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AEF | EVN |
|---|---|---|
| Share price | $9.47 | $9.12 |
| Market cap | $384.50M | $364.10M |
| 1-day change | -1.87% | -0.55% |
| YTD return | +35.29% | -15.24% |
| 1-year return | +45.47% | -15.94% |
| 5-year return | +12.07% | -34.10% |
| P/E ratio (TTM) | 2.00 | 9.91 |
| EPS (TTM) | $4.74 | $0.92 |
| Dividend yield | 8.34% | 3.36% |
| Annual dividend | $0.79 | $0.306 |
| 52-week high | $10.14 | $11.26 |
| 52-week low | $6.26 | $9.00 |
| Distance from 52-week high | -6.61% | -19.01% |
| Analyst consensus | — | none |
| Average volume | 101.79K | 102.11K |
| Shares outstanding | 40.60M | 39.92M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- AEF has outperformed EVN by 61.4 percentage points over the past year.
- Eaton Vance Municipal Income trades at a higher earnings multiple (9.9x vs 2.0x trailing P/E).
- abrdn Emerging Markets ex-China Fund offers a meaningfully higher dividend yield (8.34% vs 3.36%).
About abrdn Emerging Markets ex-China Fund
AEF stock →abrdn Emerging Markets ex-China Fund, Inc. is a closed ended equity mutual fund and managed by Aberdeen Asset Managers Limited.
Financial Services · Asset Management
About Eaton Vance Municipal Income
EVN stock →Eaton Vance Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets.
Financial Services · Asset Management
AEF vs EVN FAQ
Which is bigger, abrdn Emerging Markets ex-China Fund or Eaton Vance Municipal Income?
abrdn Emerging Markets ex-China Fund (AEF) is larger, with a market capitalization of $384.50M compared with $364.10M for Eaton Vance Municipal Income (EVN).
Which stock has performed better over the past year, AEF or EVN?
AEF returned +45.47% over the past 12 months, compared with -15.94% for EVN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AEF or EVN?
AEF has the lower trailing P/E at 2.0, versus 9.9 for EVN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, abrdn Emerging Markets ex-China Fund or Eaton Vance Municipal Income?
abrdn Emerging Markets ex-China Fund has the higher yield at 8.34%, compared with 3.36% for Eaton Vance Municipal Income.
Are abrdn Emerging Markets ex-China Fund and Eaton Vance Municipal Income in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.