Eaton Vance Municipal Income (EVN) vs Guggenheim Taxable Municipal Bond & Investment Grade Debt (GBAB)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Eaton Vance Municipal Income (EVN) has outperformed Guggenheim Taxable Municipal Bond & Investment Grade Debt (GBAB) over the past year, losing 16.9% versus a loss of 20.3%. Over five years, EVN leads with a -33.5% price change compared with -47.9% for GBAB. Eaton Vance Municipal Income is the larger company by market cap ($367.3 million vs $345.7 million), about 1.1 times the size.
On valuation, Eaton Vance Municipal Income trades at a lower trailing P/E (9.9x vs 10.7x for Guggenheim Taxable Municipal Bond & Investment Grade Debt). Eaton Vance Municipal Income pays a dividend yielding 3.33%, while Guggenheim Taxable Municipal Bond & Investment Grade Debt does not currently pay one.
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 | EVN | GBAB |
|---|---|---|
| Share price | $9.20 | $12.48 |
| Market cap | $367.29M | $345.69M |
| 1-day change | +0.88% | +0.73% |
| YTD return | -14.50% | -16.35% |
| 1-year return | -16.89% | -20.31% |
| 5-year return | -33.53% | -47.87% |
| P/E ratio (TTM) | 9.89 | 10.67 |
| EPS (TTM) | $0.93 | $1.17 |
| Dividend yield | 3.33% | 12.18% |
| Annual dividend | $0.306 | $0.00 |
| 52-week high | $11.26 | $15.80 |
| 52-week low | $9.00 | $12.31 |
| Distance from 52-week high | -18.29% | -21.01% |
| Analyst consensus | none | — |
| Average volume | 111.99K | 120.67K |
| Shares outstanding | 39.92M | 27.70M |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment 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
- Guggenheim Taxable Municipal Bond & Investment Grade Debt offers a meaningfully higher dividend yield (12.18% vs 3.33%).
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.
Finance · Investment Managers
About Guggenheim Taxable Municipal Bond & Investment Grade Debt
GBAB stock →Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a closed ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Guggenheim Funds Investment Advisors, LLC and Guggenheim Partners Investment Management, LLC.
Finance · Investment Managers
EVN vs GBAB FAQ
Which is bigger, Eaton Vance Municipal Income or Guggenheim Taxable Municipal Bond & Investment Grade Debt?
Eaton Vance Municipal Income (EVN) is larger, with a market capitalization of $367.29M compared with $345.69M for Guggenheim Taxable Municipal Bond & Investment Grade Debt (GBAB).
Which stock has performed better over the past year, EVN or GBAB?
EVN returned -16.89% over the past 12 months, compared with -20.31% for GBAB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EVN or GBAB?
EVN has the lower trailing P/E at 9.9, versus 10.7 for GBAB. 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 or Guggenheim Taxable Municipal Bond & Investment Grade Debt?
Guggenheim Taxable Municipal Bond & Investment Grade Debt has the higher yield at 12.18%, compared with 3.33% for Eaton Vance Municipal Income.
Are Eaton Vance Municipal Income and Guggenheim Taxable Municipal Bond & Investment Grade Debt in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.