Comparing of TCG BDC Inc. (CGBD) and Eaton Vance New York Municipal Bond Fund (NYSEAMERICAN:ENX)

TCG BDC Inc. (NASDAQ:CGBD) and Eaton Vance New York Municipal Bond Fund (NYSEAMERICAN:ENX) compete against each other in the Asset Management sector. We will compare them and contrast their institutional ownership, earnings and valuation, profitability, risk, dividends, analyst recommendations.

Earnings & Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
TCG BDC Inc. 207.53M 4.49 39.12M 0.63 23.81
Eaton Vance New York Municipal Bond Fund 13.68M 13.46 4.42M -0.28 0.00

In table 1 we can see TCG BDC Inc. and Eaton Vance New York Municipal Bond Fund’s top-line revenue, earnings per share and valuation.

Profitability

Table 2 provides us the return on assets, return on equity and net margins of both businesses.

Net Margins Return on Equity Return on Assets
TCG BDC Inc. 18.85% 3.5% 1.9%
Eaton Vance New York Municipal Bond Fund -32.31% 0% 0%

Dividends

TCG BDC Inc. pays out $1.48 per share annually while its annual dividend yield is 9.81%. On the other side, $0.56 per share with a dividend yield of 4.85% for Eaton Vance New York Municipal Bond Fund.

Institutional and Insider Ownership

TCG BDC Inc. and Eaton Vance New York Municipal Bond Fund has shares owned by institutional investors as follows: 27.7% and 29.86%. TCG BDC Inc.’s share owned by insiders are 0.1%.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
TCG BDC Inc. -1.13% -0.4% -2.53% -11.34% -11.76% 20%
Eaton Vance New York Municipal Bond Fund 1.14% 1.59% 3.79% 1.41% 0.96% 4.64%

For the past year TCG BDC Inc.’s stock price has bigger growth than Eaton Vance New York Municipal Bond Fund.

Summary

TCG BDC Inc. beats Eaton Vance New York Municipal Bond Fund on 11 of the 12 factors.

TCG BDC, Inc. is a non-diversified closed-end investment company. The fund operates as a business development company. The company provides debt investments in the U.S. middle market companies. It also invests in first lien and second lien senior secured loans; middle market junior loans, such as corporate mezzanine loans, equity co-investments, syndicated first lien and second lien senior secured loans, high-yield bonds, structured finance obligations, and other opportunistic investments. The company was founded in 2012 and is headquartered in New York, New York.