MetaCap

Eaton Vance Municipal Income EATON VANCE NATIONAL MUNICIPAL OPPORTUNITIES TRUST (EOT) vs Saratoga Investment New (SAR)

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 Income EATON VANCE NATIONAL MUNICIPAL OPPORTUNITIES TRUST (EOT) has outperformed Saratoga Investment New (SAR) over the past year, losing 8.9% versus a loss of 36.1%. Over five years, EOT leads with a -32.5% price change compared with -49.2% for SAR. On valuation, Saratoga Investment New trades at a lower trailing P/E (16.2x vs 21.1x for Eaton Vance Municipal Income EATON VANCE NATIONAL MUNICIPAL OPPORTUNITIES TRUST).

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

Relative performance

EOT-8.87%SAR-36.15%
+9%-14%-38%
Oct 7, 20251 yearOct 7, 2026
EOT-33.78%SAR-49.13%
+6%-23%-52%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

EOT versus SAR key metrics
MetricEOTSAR
Share price$15.21$14.91
Market cap—$239.77M
1-day change-1.23%-5.69%
YTD return-10.05%-35.37%
1-year return-8.87%-36.15%
5-year return-32.46%-49.20%
P/E ratio (TTM)21.1316.21
Forward P/E—7.31
EPS (TTM)$0.72$0.92
Dividend yield5.39%18.98%
Annual dividend$0.00$0.00
52-week high$18.00$24.07
52-week low$15.08$13.78
Distance from 52-week high-15.50%-38.06%
Analyst consensusnonenone
Avg. price target upside—+42.19%
Average volume38.75K167.94K
Shares outstanding—16.08M
SectorFinanceFinance
IndustryInvestment Bankers/Brokers/ServiceInvestment Managers

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

  • EOT has outperformed SAR by 27.3 percentage points over the past year.
  • Eaton Vance Municipal Income EATON VANCE NATIONAL MUNICIPAL OPPORTUNITIES TRUST trades at a higher earnings multiple (21.1x vs 16.2x trailing P/E).
  • Saratoga Investment New offers a meaningfully higher dividend yield (18.98% vs 5.39%).

About Eaton Vance Municipal Income EATON VANCE NATIONAL MUNICIPAL OPPORTUNITIES TRUST

EOT stock →

Eaton Vance National Municipal Opportunities Trust is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States.

Finance · Investment Bankers/Brokers/Service

About Saratoga Investment New

SAR stock →

Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies.

Finance · Investment Managers

EOT vs SAR FAQ

Which stock has performed better over the past year, EOT or SAR?

EOT returned -8.87% over the past 12 months, compared with -36.15% for SAR (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, EOT or SAR?

SAR has the lower trailing P/E at 16.2, versus 21.1 for EOT. 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 Income EATON VANCE NATIONAL MUNICIPAL OPPORTUNITIES TRUST or Saratoga Investment New?

Saratoga Investment New has the higher yield at 18.98%, compared with 5.39% for Eaton Vance Municipal Income EATON VANCE NATIONAL MUNICIPAL OPPORTUNITIES TRUST.

Are Eaton Vance Municipal Income EATON VANCE NATIONAL MUNICIPAL OPPORTUNITIES TRUST and Saratoga Investment New in the same industry?

Both are in the Finance sector, but in different industries: Investment Bankers/Brokers/Service for Eaton Vance Municipal Income EATON VANCE NATIONAL MUNICIPAL OPPORTUNITIES TRUST and Investment Managers for Saratoga Investment New.

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