Eaton Vance North Carolina Municipal Income Fund (ECNCX)
| Fund Assets | 230.53M |
| Expense Ratio | 1.45% |
| Min. Investment | $1,000 |
| Turnover | 70.00% |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 2.50% |
| Dividend Growth | 7.92% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.97 |
| YTD Return | 0.28% |
| 1-Year Return | -0.48% |
| 5-Year Return | -2.49% |
| 52-Week Low | 8.52 |
| 52-Week High | 9.22 |
| Beta (5Y) | n/a |
| Holdings | 146 |
| 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 -0.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.04%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
22.13% of assets| Name | Symbol | Weight |
|---|---|---|
| UNIVERSITY N C CHAPEL HILL UNIV N C HOSP REV 5% | NC.UNCHGR 5 02.01.2049 | 3.21% |
| CHARLOTTE N C WTR & SWR SYS REV 4% | NC.CHAUTL 4 07.01.2037 | 2.94% |
| UNIVERSITY N C CHARLOTTE REV 5% | NC.UNCHGR 5 10.01.2047 | 2.26% |
| CHARLOTTE N C ARPT REV 5% | NC.CHAAPT 5 07.01.2047 | 2.26% |
| WINSTON-SALEM N C WTR & SWR SYS REV 4% | NC.WINUTL 4 06.01.2037 | 2.25% |
| GREENVILLE N C COMB ENTERPRISE SYS REV 5% | NC.GRVGEN 5 08.01.2044 | 2.10% |
| NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 0% | NC.NCSTRN 0 01.01.2035 | 2.03% |
| GREENSBORO N C ENTERPRISE SYS REV 5% | NC.GREGEN 5 06.01.2049 | 1.88% |
| CHARLOTTE N C WTR & SWR SYS REV 4% | NC.CHAUTL 4 07.01.2052 | 1.81% |
| FUQUAY-VARINA N C COMBINED UTILS REV 4% | NC.FQUUTL 4 02.01.2043 | 1.39% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Apr 30, 2025 | $0.01933 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01851 | Mar 31, 2025 |