MetaCap

Eaton Vance Municipal Bond Fund (EIM) vs First Enhanced Equity Income Fund (FFA)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

First Enhanced Equity Income Fund is the larger company by market cap ($447.9 million vs $446.9 million), about 1.0 times the size. On valuation, First Enhanced Equity Income Fund trades at a lower trailing P/E (4.7x vs 37.8x for Eaton Vance Municipal Bond Fund). Eaton Vance Municipal Bond Fund offers the higher dividend yield (7.01% vs 6.92%).

Summary generated from market data by MetaCap's automated system. Methodology

Head-to-head

EIM versus FFA key metrics
MetricEIMFFA
Share price$8.70$22.41
Market cap$446.94M$447.93M
1-day change-1.58%+0.72%
P/E ratio (TTM)37.834.75
EPS (TTM)$0.23$4.72
Dividend yield7.01%6.92%
Annual dividend$0.61$1.55
52-week high$10.06$23.82
52-week low$8.64$19.50
Distance from 52-week high-13.52%-5.92%
Analyst consensusnone—
Average volume187.89K25.73K
Shares outstanding51.37M19.99M
SectorFinancial ServicesFinancial Services
IndustryAsset ManagementAsset 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

  • Eaton Vance Municipal Bond Fund trades at a higher earnings multiple (37.8x vs 4.7x trailing P/E).

About Eaton Vance Municipal Bond Fund

EIM stock →

Eaton Vance Municipal Bond Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests primarily in high grade municipal obligations.

Financial Services · Asset Management

About First Enhanced Equity Income Fund

FFA stock →

First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Chartwell Investment Partners, L.P.

Financial Services · Asset Management

EIM vs FFA FAQ

Which is bigger, Eaton Vance Municipal Bond Fund or First Enhanced Equity Income Fund?

First Enhanced Equity Income Fund (FFA) is larger, with a market capitalization of $447.93M compared with $446.94M for Eaton Vance Municipal Bond Fund (EIM).

Which has the lower P/E ratio, EIM or FFA?

FFA has the lower trailing P/E at 4.7, versus 37.8 for EIM. 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, Eaton Vance Municipal Bond Fund or First Enhanced Equity Income Fund?

Eaton Vance Municipal Bond Fund has the higher yield at 7.01%, compared with 6.92% for First Enhanced Equity Income Fund.

Are Eaton Vance Municipal Bond Fund and First Enhanced Equity Income Fund in the same industry?

Yes. Both are classified in the Asset Management industry within the Financial Services sector.

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