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By the end of 1983, Eaton Vance was managing 23 mutual funds and numerous individual and company accounts, with over $2.3 billion in their accounts. The company's major products were 34 low-risk and tax-free funds by late 1989. The next year, Eaton Vance started promoting its funds via banks, which resulted in a sales profit of $450 million.
These muni bond funds offer tax-exempt income.Municipal bonds, sometimes referred to as munis, are issued by various government entities such as states, counties and municipalities.
Eaton Vance (NYS: EV) reported earnings on May 23. Here are the numbers you need to know. The 10-second takeawayFor the quarter ended April 30 (Q2), Eaton Vance beat slightly on revenues and ...
The 10-second takeawayFor the quarter ended Jan. 31 (Q1), Eaton Vance met expectations on revenues and beat expectations on earnings per share. Compared Eaton Vance's Earnings Beat Last Year's by 57%
The alternative minimum tax (AMT) is a tax imposed by the United States federal government in addition to the regular income tax for certain individuals, estates, and trusts. As of tax year 2018, the AMT raises about $5.2 billion, or 0.4% of all federal income tax revenue, affecting 0.1% of taxpayers, mostly in the upper income ranges.
The founder of the famed Rancho la Puerta resort says that not worrying is more important than what kind of water you drink.
An exchange fund, also known as a swap fund, is an investment vehicle that allows investors with large stock positions to pool their stocks into a single fund, diversifying their holdings without triggering a taxable event. Given its dependence on the IRS Tax Code, it is a mechanism specific to the U.S., first introduced as early as 1954 with ...
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