Eaton Vance National Ultra-Short Municipal Income Fund (EAMLX)
| Fund Assets | 354.14M |
| Expense Ratio | 0.50% |
| Min. Investment | $1,000 |
| Turnover | 112.00% |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 2.67% |
| Dividend Growth | -14.51% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.75 |
| YTD Return | 1.18% |
| 1-Year Return | 2.70% |
| 5-Year Return | 10.53% |
| 52-Week Low | 9.73 |
| 52-Week High | 9.78 |
| Beta (5Y) | n/a |
| Holdings | 161 |
| Inception Date | Nov 20, 2020 |
About EAMLX
Eaton Vance National Ultra-Short Municipal Income Fund – Advisers Class is a mutual fund share class designed to provide investors with current income exempt from regular federal income tax through an ultra-short duration municipal bond strategy. It invests in a diversified portfolio spanning various municipal sectors such as general obligations, industrial development revenue, hospitals, transportation, and utilities, across different states and credit tiers including AAA, AA, A, and lower-rated securities. Managed by Eaton Vance's experienced municipal bond team, the fund employs a credit-focused approach with relative-value trading and ongoing credit monitoring to pursue tax-exempt income while maintaining low duration, typically around 0.88 years, to potentially mitigate interest rate sensitivity. The Advisers Class offers access to this strategy with specific eligibility for financial advisers and institutional investors, featuring monthly distributions. Part of Morgan Stanley Investment Management, the fund holds approximately 153 positions, emphasizing short-term maturities averaging about 1 year, making it suitable for those seeking stable, tax-advantaged income in the municipal market.
Performance
EAMLX had a total return of 2.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.93%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02171 | Jun 30, 2026 |
| May 29, 2026 | $0.02043 | May 29, 2026 |
| Apr 30, 2026 | $0.02251 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0203 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02077 | Feb 27, 2026 |
| Jan 30, 2026 | $0.01914 | Jan 30, 2026 |