Eaton Vance Municipal Income (EVN) vs PGIM Short Duration High Yield Opportunities Fund (SDHY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
PGIM Short Duration High Yield Opportunities Fund (SDHY) has outperformed Eaton Vance Municipal Income (EVN) over the past year, losing 10.5% versus a loss of 15.9%. Over five years, SDHY leads with a -18.7% price change compared with -34.1% for EVN. PGIM Short Duration High Yield Opportunities Fund is the larger company by market cap ($374.5 million vs $364.1 million), about 1.0 times the size.
On valuation, Eaton Vance Municipal Income trades at a lower trailing P/E (9.9x vs 12.7x for PGIM Short Duration High Yield Opportunities Fund). Eaton Vance Municipal Income pays a dividend yielding 3.36%, while PGIM Short Duration High Yield Opportunities Fund 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 | SDHY |
|---|---|---|
| Share price | $9.12 | $15.18 |
| Market cap | $364.10M | $374.54M |
| 1-day change | -0.55% | -0.85% |
| YTD return | -15.24% | -7.72% |
| 1-year return | -15.94% | -10.50% |
| 5-year return | -34.10% | -18.69% |
| P/E ratio (TTM) | 9.91 | 12.65 |
| EPS (TTM) | $0.92 | $1.20 |
| Dividend yield | 3.36% | 8.54% |
| Annual dividend | $0.306 | $0.00 |
| 52-week high | $11.26 | $17.02 |
| 52-week low | $9.00 | $14.67 |
| Distance from 52-week high | -19.01% | -10.81% |
| Analyst consensus | none | — |
| Average volume | 102.11K | 62.60K |
| Shares outstanding | 39.92M | 24.67M |
| 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
- PGIM Short Duration High Yield Opportunities Fund trades at a higher earnings multiple (12.7x vs 9.9x trailing P/E).
- PGIM Short Duration High Yield Opportunities Fund offers a meaningfully higher dividend yield (8.54% vs 3.36%).
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
EVN vs SDHY FAQ
Which is bigger, Eaton Vance Municipal Income or PGIM Short Duration High Yield Opportunities Fund?
PGIM Short Duration High Yield Opportunities Fund (SDHY) is larger, with a market capitalization of $374.54M compared with $364.10M for Eaton Vance Municipal Income (EVN).
Which stock has performed better over the past year, EVN or SDHY?
SDHY returned -10.50% 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, EVN or SDHY?
EVN has the lower trailing P/E at 9.9, versus 12.7 for SDHY. 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 PGIM Short Duration High Yield Opportunities Fund?
PGIM Short Duration High Yield Opportunities Fund has the higher yield at 8.54%, compared with 3.36% for Eaton Vance Municipal Income.
Are Eaton Vance Municipal Income and PGIM Short Duration High Yield Opportunities Fund in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.