Eaton Vance North Carolina Municipal Income Fund (ECNCX)
| Fund Assets | 239.41M |
| Expense Ratio | 1.45% |
| Min. Investment | $1,000 |
| Turnover | 70.00% |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 2.48% |
| Dividend Growth | 6.25% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 31, 2025 |
| Previous Close | 9.07 |
| YTD Return | 1.51% |
| 1-Year Return | 1.67% |
| 5-Year Return | -1.40% |
| 52-Week Low | 8.52 |
| 52-Week High | 9.19 |
| Beta (5Y) | n/a |
| Holdings | 171 |
| Inception Date | May 2, 2006 |
About ECNCX
Eaton Vance North Carolina Municipal Income Fund Class C is a mutual fund specializing in municipal bonds, with a primary objective of delivering current income that is exempt from both regular federal income tax and North Carolina state personal income tax. The fund typically allocates at least 80% of its net assets to municipal obligations issued within North Carolina, making it particularly relevant for residents or entities with tax liabilities in that state. Its portfolio spans a range of sectors served by municipal issuers, and it is actively managed using Eaton Vance’s credit-focused approach, leveraging extensive municipal bond expertise and ongoing credit monitoring to mitigate risks. The fund pays monthly distributions and is positioned in the 'Muni Single State Intermediate' category, indicating a moderate duration and risk profile due to its focus on a single state's credit market. As an investment vehicle, it serves as a tax-advantaged income solution within broader fixed income portfolios and plays a significant role in supporting North Carolina’s local infrastructure and community financing efforts through its capital allocation to municipal projects.
Performance
ECNCX had a total return of 1.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.09%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
21.16% of assets| Name | Symbol | Weight |
|---|---|---|
| University of North Carolina at Chapel Hill - UNIV OF NORTH CAROLINA AT CHAPEL HILL NC HOSP REVENUE | NC.UNCHGR 5 02.01.2049 | 3.04% |
| City of Charlotte NC Water & Sewer System Revenue - CHARLOTTE NC WTR & SWR SYS REVENUE | NC.CHAUTL 4 07.01.2037 | 2.81% |
| University of North Carolina at Charlotte/The - UNIV OF NORTH CAROLINA NC AT CHARLOTTE | NC.UNCHGR 5 10.01.2047 | 2.17% |
| City of Charlotte NC Airport Revenue - CHARLOTTE NC ARPT REVENUE | NC.CHAAPT 5 07.01.2047 | 2.17% |
| City of Winston-Salem NC Water & Sewer System Revenue - WINSTON-SALEM NC WTR & SWR SYS REVENUE | NC.WINUTL 4 06.01.2037 | 2.17% |
| Greenville Utilities Commission - GREENVILLE NC COMB ENTERPRISE SYS REVENUE | NC.GRVGEN 5 08.01.2044 | 2.03% |
| North Carolina Turnpike Authority - NORTH CAROLINA ST TURNPIKE AUTH | NC.NCSTRN 0 01.01.2035 | 1.97% |
| City of Greensboro NC Combined Water & Sewer System Revenue - GREENSBORO NC ENTERPRISE SYS REVENUE | NC.GREGEN 5 06.01.2049 | 1.74% |
| City of Charlotte NC Water & Sewer System Revenue - CHARLOTTE NC WTR & SWR SYS REVENUE | NC.CHAUTL 4 07.01.2052 | 1.73% |
| Town of Fuquay-Varina NC Combined Utilities Revenue - FUQUAY-VARINA NC COMB UTILITIES REVENUE | NC.FQUUTL 4 02.01.2043 | 1.32% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 31, 2025 | $0.01803 | Oct 31, 2025 |
| Sep 30, 2025 | $0.01913 | Sep 30, 2025 |
| Aug 29, 2025 | $0.01866 | Aug 29, 2025 |
| Jul 31, 2025 | $0.01851 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01941 | Jun 30, 2025 |
| May 30, 2025 | $0.01851 | May 30, 2025 |