Eaton Vance Massachusetts Municipal Income Fund Class A: (MF: ETMAX)
(NASDAQ Mutual Funds) As of Jun 28, 2024 08:00 PM ET
$7.96 USD
0.00 (NA)
Fund Description
The fund was incepted in April 1991 and is managed by Boston Management and Research. The main objective of the fund is to provide current income exempt from regular federal income tax and Massachusetts state personal income taxes. The fund pursues its objective by investing in Massachusetts Municipals portfolio. The fund primarily invests in investment grade municipal obligations that are exempt from such taxes. The fund may also invest in lower rated obligations. The fund normally acquires municipal obligations with maturities of ten years or more. The portfolio manager purchases and sells securities to maintain a competitive yield and to enhance return based upon the relative value of the securities in the marketplace. The portfolio managers may also trade securities to minimize taxable capital gains to shareholders. Dividends are declared daily and paid monthly. Capital gains, if any, are distributed annually in December.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Eaton Vance MA Municipal Income A | ETMAX | 3.25 | NA | 0.00 | 0.20 | 0.35 | 0.09 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Eaton Vance MA Muni A | ETMAX | 7.96 | 4/18/1991 | 1.34 | 1.99 | -2.14 | -0.11 |
| Eaton Vance MA Muni I | EIMAX | 7.97 | 8/31/2006 | 1.39 | 2.06 | -1.89 | 0.12 |
| Eaton Vance MA Muni C | ECMMX | 7.97 | 7/11/2006 | 1.03 | 1.21 | -2.82 | -0.84 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Eaton Vance MA Municipal Income A | ETMAX | 1000 | 0 | 0 | M |
Contact Information
| Family | Eaton Vance |
| Address | One Post Office Square Boston, MA 02109 |
| Phone | 800 262-1122 |