Eaton Vance Ohio Municipal Bond Fund (EIO)

14.54 +0.01  +0.07%  May 25, 11:00PM Go Pro
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Eaton Vance Ohio Municipal Bond Fund Net PP&E

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About Net PP&E

Net PP&E is short for Net Property Plant and Equipment. Property Plant and Equipment is the value of all buildings, land, furniture, and other physical capital that a business has purchased to run its business. The term "Net" means that it is "Net" of accumulated depreciation expenses.

For example, assume that a company buys a building worth $1,000,000, along with $50,000 of furniture. Their Net PP&E at the moment of purchase is $1,050,000.

Each year, however, the company must depreciate the value of that PP&E to account for the fact that it will wear out an need to be fixed or re-purchased in the future. Assume that in the first year, the company depreciates the building and furniture by $105,000 (or 10% of the original value). Then, at the end of the year, its Net PP&E is:

$1,050,000 - $105,000 = $945,000

As the company buys more PP&E, the value of its Net PP&E will increase, and as time passes, the value will decrease according to depreciation expenses.
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EIO News

here in Ohio,, u got the $eio hitting fresh 52 week low.almost 7% , and insured,,,,how can u go wrong?????(good luck,were not the only ones)
about 524 days ago by fitzstock2004
Nothing to Fuel Price of Oil $XOM , $OIL , $USO , $EIO http://bit.ly/1hlf6c
about 1033 days ago by bwcollins

Recent Quotes

Symbol Price Chg Chg % Market Cap
EIO 14.54 +0.01 +0.07%
EIHI 15.09 +0.09 +0.60% 119.66M
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EIDO 26.78 -1.68 -5.90%
EIA 12.99 +0.14 +1.09%
EHTH 16.57 -0.17 -1.02% 322.78M
EHI 12.95 -0.01 -0.08%
EGY 8.04 -0.03 -0.37% 459.24M
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EGRW 47.51 +0.00 +0.00%
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