EVN vs FDUS

Eaton Vance Municipal Income Tr vs Fidus Investment Corporation — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — FDUS scores higher on quality with 7.4/10 vs EVN's 1.7/10. EVN trades at $10.84 while FDUS trades at $18.86. Both analyzed daily using SEC EDGAR data across 13 institutional models.

EVN

Asset Management
Eaton Vance Municipal Income Tr
Quality
1.7
out of 10
Value Trap
Price
$10.84
Last close
Models
10/13
Active
VS

FDUS

Asset Management
Fidus Investment Corporation
Quality
7.4
out of 10
Value Trap
36
LOW
Price
$18.86
Last close
Models
13/13
Active
EVN
2 models active
Quality 1.7/10 — below average
FDUS
2 models active
Limited to 2/13 visible models

EVN vs FDUS — Fair Value Comparison

EVN
$0$4$9$13 Price$10.84 Bayesian …$2.82 (-74.0%) Markov DDM$5.42 (-49.0%)
FDUS
$0$7$15$22 Price$18.86 Bayesian …$1.51 (-91.9%) Earnings …$1.59 (-91.7%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType EVN Fair ValueEVN Upside FDUS Fair ValueFDUS Upside
Bayesian DCF Intrinsic $2.82 -74.0% $1.51 -91.9%
Earnings Power Value Intrinsic $1.59 -91.7%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
Markov DDM Intrinsic $5.42 -49.0% $59.11 +213.4%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

EVN vs FDUS — Which Stock Is More Undervalued in 2026?

FDUS scores higher with a 7.4/10 quality rating vs EVN's 1.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do EVN and FDUS Valuations Compare?

At $10.84, EVN trades +74.0% above its Bayesian DCF fair value of $2.82, while FDUS at $18.86 trades +91.9% above its estimate of $1.51. FDUS shows a wider gap between price and intrinsic value.

Quality of Company: EVN vs FDUS

EVN earns a Quality of Company score of 1.7/10 compared to FDUS's 7.4/10. This is a significant quality gap — the higher-scoring company demonstrates materially stronger fundamentals across profitability, growth consistency, and balance sheet health. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: EVN vs FDUS

Review the value trap analysis for both EVN and FDUS to assess whether apparent undervaluation reflects genuine opportunity or hidden fundamental risk.

Both in Asset Management

Both EVN and FDUS operate in Asset Management, which has 448 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

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