Eaton Vance Massachusetts Municipal Income Fund (ECMMX)
Fund Assets | 131.86M |
Expense Ratio | 1.56% |
Min. Investment | $1,000 |
Turnover | 57.00% |
Dividend (ttm) | 0.21 |
Dividend Yield | 2.68% |
Dividend Growth | 4.90% |
Payout Frequency | Monthly |
Ex-Dividend Date | Sep 30, 2025 |
Previous Close | 7.83 |
YTD Return | -0.09% |
1-Year Return | -0.77% |
5-Year Return | -5.34% |
52-Week Low | 7.39 |
52-Week High | 8.09 |
Beta (5Y) | n/a |
Holdings | 77 |
Inception Date | May 2, 2006 |
About ECMMX
Eaton Vance Massachusetts Municipal Income Fund Class C is an open-end municipal bond fund focused on the Massachusetts tax-exempt market. Its primary objective is to deliver current income that is exempt from regular federal income tax and Massachusetts state personal income tax, offering targeted exposure to in-state municipal issuers across sectors such as general obligation, revenue, transportation, healthcare, and education bonds. The fund follows an actively managed, credit-focused approach that leverages Eaton Vance’s municipal research and ongoing credit monitoring to manage risk and issuer selection. It typically maintains a diversified portfolio of investment-grade and selectively lower-rated municipal securities, generally investing at least 80% of assets in tax-exempt obligations consistent with its mandate. Benchmarked to the Bloomberg Municipal Bond Index for context, the fund distributes income monthly, aligning with investor preferences for steady tax-advantaged cash flows. With a long-standing track record within the single-state “Muni Massachusetts” category, the strategy serves residents seeking state and federal tax-exempt income while providing access to professional municipal credit analysis and portfolio construction.
Performance
ECMMX had a total return of -0.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.59%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Symbol | Provider | Name | Expense Ratio |
---|---|---|---|
FDMMX | Fidelity | Fidelity Massachusetts Municipal Income | 0.45% |
Top 10 Holdings
28.58% of assetsName | Symbol | Weight |
---|---|---|
MASSACHUSETTS ST HEALTH & EDL FACS AUTH REV 5.5% | MA.MASMED 5.5 07.01.2032 | 4.59% |
MASSACHUSETTS ST SPL OBLIG DEDICATED TAX REV 5.5% | MA.MASGEN 5.5 01.01.2030 | 4.33% |
MASSACHUSETTS ST PORT AUTH REV 5% | MA.MASTRN 5 07.01.2051 | 3.14% |
MASSACHUSETTS ST DEV FIN AGY REV 2.5% | MA.MASDEV 03.01.2048 | 3.05% |
MASSACHUSETTS ST WTR POLLUTN ABATEMENT TR 5.25% | MA.MASWTR 5.25 08.01.2034 | 2.82% |
MASSACHUSETTS ST DEV FIN AGY REV 5% | MA.MASDEV 5 07.01.2054 | 2.23% |
MASSACHUSETTS ST DEV FIN AGY REV 5% | MA.MASDEV 5 07.01.2044 | 2.18% |
MASSACHUSETTS ST DEV FIN AGY REV 5% | MA.MASDEV 5 07.01.2034 | 2.13% |
NORTHEAST MET REGL VOCATIONAL TECHNICAL SCH DIST MASS 4% | MA.NREHGR 4 04.15.2047 | 2.11% |
MASSACHUSETTS ST DEV FIN AGY REV 5.25% | MA.MASDEV 5.25 03.01.2054 | 1.99% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Sep 30, 2025 | $0.01992 | Sep 30, 2025 |
Aug 29, 2025 | $0.01669 | Aug 29, 2025 |
Jul 31, 2025 | $0.01707 | Jul 31, 2025 |
Jun 30, 2025 | $0.0178 | Jun 30, 2025 |
May 30, 2025 | $0.01753 | May 30, 2025 |
Apr 30, 2025 | $0.0178 | Apr 30, 2025 |