Eaton Vance Municipal Bond Fund (EIM) vs Highland Opportunities and Income Fund (HFRO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Eaton Vance Municipal Bond Fund is the larger company by market cap ($446.9 million vs $359.5 million), about 1.2 times the size. On valuation, Eaton Vance Municipal Bond Fund trades at a lower trailing P/E (37.8x vs 130.2x for Highland Opportunities and Income Fund). Eaton Vance Municipal Bond Fund pays a dividend yielding 7.01%, while Highland Opportunities and Income Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | EIM | HFRO |
|---|---|---|
| Share price | $8.70 | $6.51 |
| Market cap | $446.94M | $359.47M |
| 1-day change | -1.58% | -2.25% |
| P/E ratio (TTM) | 37.83 | 130.20 |
| EPS (TTM) | $0.23 | $0.05 |
| Dividend yield | 7.01% | 7.10% |
| Annual dividend | $0.61 | $0.00 |
| 52-week high | $10.06 | $7.74 |
| 52-week low | $8.64 | $5.47 |
| Distance from 52-week high | -13.52% | -15.89% |
| Analyst consensus | none | — |
| Average volume | 190.30K | 112.19K |
| Shares outstanding | 51.37M | 55.22M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance/Investors Services |
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
- Highland Opportunities and Income Fund trades at a higher earnings multiple (130.2x vs 37.8x 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.
Finance · Finance/Investors Services
About Highland Opportunities and Income Fund
HFRO stock →Highland Funds I - Highland Opportunities and Income Fund is a close-ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Highland Capital Management Fund Advisors, L.P.
Finance · Finance/Investors Services
EIM vs HFRO FAQ
Which is bigger, Eaton Vance Municipal Bond Fund or Highland Opportunities and Income Fund?
Eaton Vance Municipal Bond Fund (EIM) is larger, with a market capitalization of $446.94M compared with $359.47M for Highland Opportunities and Income Fund (HFRO).
Which has the lower P/E ratio, EIM or HFRO?
EIM has the lower trailing P/E at 37.8, versus 130.2 for HFRO. 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 Highland Opportunities and Income Fund?
Highland Opportunities and Income Fund has the higher yield at 7.10%, compared with 7.01% for Eaton Vance Municipal Bond Fund.
Are Eaton Vance Municipal Bond Fund and Highland Opportunities and Income Fund in the same industry?
Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.