EVF Stock Summary and Trading Ideas (Ev Senior Income Trust | NYSE:EVF)

The Fund’s investment objective is to provide a high level of current income, consistent with the preservation of capital. Provides broad exposure to the floating-rate loan market, providing diversified exposure to the asset class. Provides exposure to the loan markets’ many sectors, credit tiers and issuers. Potential for low correlation to traditional equity and fixed income markets, providing important diversification benefits for investor portfolios. Low duration may help reduce interest-rate risk and lower portfolio volatility.

Ev Senior Income Trust trades on the NYSE stock market under the symbol EVF.

As of April 19, 2024, EVF stock price climbed to $6.37 with 28,034 million shares trading.

EVF has a beta of 0.45, meaning it tends to be less sensitive to market movements. EVF has a correlation of 0.17 to the broad based SPY ETF.

EVF has a market cap of $100.59 million. This is considered a Micro Cap stock.

In the last 3 years, EVF stock traded as high as $7.25 and as low as $5.11.

EVF has outperformed the market in the last year with a price return of +30.9% while the SPY ETF gained +21.2%. However, in the short term, EVF had mixed performance relative to the market. It has underperformed in the last 3 months, returning +0.8% vs +4.3% return in SPY. But in the last 2 weeks, EVF shares have fared better than the market returning +1.0% compared to SPY -3.5%.

EVF support price is $6.30 and resistance is $6.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EVF stock will trade within this expected range on the day.