Eaton Vance National Municipal Income Fund Class C (ECHMX)
| Fund Assets | 4.16B |
| Expense Ratio | 1.46% |
| Min. Investment | $1,000 |
| Turnover | 82.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 3.15% |
| Dividend Growth | -1.22% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 8.72 |
| YTD Return | -4.39% |
| 1-Year Return | -3.43% |
| 5-Year Return | -5.64% |
| 52-Week Low | 8.66 |
| 52-Week High | 9.45 |
| Beta (5Y) | n/a |
| Holdings | 557 |
| Inception Date | Dec 3, 1993 |
About ECHMX
Eaton Vance National Municipal Income Fund Class C is an actively managed mutual fund specializing in long-term municipal bonds. Its primary objective is to provide shareholders with a steady stream of current income that is exempt from regular federal income tax. The fund invests broadly across U.S. municipal sectors, geographic regions, and credit tiers, resulting in a diversified portfolio with an emphasis on credit-focused and longer-maturity securities. Typical holdings include general obligation and revenue bonds from state and local governments, public utilities, transportation authorities, and other municipal entities, often with maturities exceeding 12 years and durations over six years. Managed by an experienced team utilizing rigorous credit research and a relative-value trading strategy, the fund seeks to balance income opportunities with active risk management. Eaton Vance National Municipal Income Fund Class C plays a significant role in the municipal bond market, catering to investors seeking tax-advantaged income and broad exposure to U.S. municipal credit markets through a professionally managed approach.
Performance
ECHMX had a total return of -3.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.05%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.51% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.44% |
Top 10 Holdings
7.36% of assets| Name | Symbol | Weight |
|---|---|---|
| MONTGOMERY CNTY MD 1.4% | MD.MON 11.01.2037 | 1.01% |
| HARRIS CNTY-HOUSTON TEX SPORTS AUTH SPL REV 0% | TX.HARFAC 0 11.15.2034 | 0.87% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% | NY.NYCGEN 5 11.01.2038 | 0.79% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 1.65% | NY.NYCUTL 06.15.2044 | 0.72% |
| NEW YORK N Y 1.5% | NY.NYC 10.01.2046 | 0.71% |
| OHIO ST WTR DEV AUTH WTR POLLUTN CTL REV 1.7% | OH.OHSPOL 12.01.2054 | 0.70% |
| UNIV CALIF REGTS MED CTR POOLED REV 5% | CA.UNVHGR 5 05.15.2047 | 0.68% |
| CALIFORNIA ST 5% | CA.CAS 5 11.01.2042 | 0.63% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5% | NY.NYTTRN 5 10.01.2040 | 0.63% |
| NEW YORK ST URBAN DEV CORP REV 5% | NY.NYSDEV 5 03.15.2049 | 0.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.02323 | Jun 30, 2025 |
| May 30, 2025 | $0.02213 | May 30, 2025 |
| Apr 30, 2025 | $0.02298 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02259 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02321 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0226 | Jan 31, 2025 |