Parametric TABS Short-Term Municipal Bond Fund Class I (EIBSX)
| Fund Assets | 137.73M |
| Expense Ratio | 0.49% |
| Min. Investment | $250,000 |
| Turnover | 55.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.25% |
| Dividend Growth | 1.58% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.36 |
| YTD Return | 1.34% |
| 1-Year Return | 7.00% |
| 5-Year Return | 8.59% |
| 52-Week Low | 9.50 |
| 52-Week High | 10.36 |
| Beta (5Y) | n/a |
| Holdings | 92 |
| Inception Date | Mar 27, 2009 |
About EIBSX
Parametric TABS Short-Term Municipal Bond Fund Class I is an actively managed municipal bond mutual fund focused on delivering after-tax total return from a diversified portfolio of short-duration, high-quality tax-exempt securities. The fund normally invests at least 80% of assets in municipal obligations whose interest is exempt from regular federal income tax, complemented at times by Treasury or agency securities for liquidity and rate management. It emphasizes investment-grade holdings, typically rated A or higher, and targets a short interest-rate profile consistent with a short-term muni category mandate. Managed by Eaton Vance’s Parametric team, the strategy employs disciplined credit selection and duration positioning to balance income stability with capital preservation. The fund distributes income monthly and is commonly used as a cash management and core tax-aware fixed income allocation for investors seeking federal tax-exempt income with reduced interest-rate sensitivity relative to longer-maturity municipal strategies. Its role in the market centers on providing high-quality, short-maturity municipal exposure that can complement broader fixed income portfolios while prioritizing credit quality and liquidity in the U.S. municipal market.
Performance
EIBSX had a total return of 7.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.51%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02658 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02737 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02795 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0278 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02968 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02665 | Aug 29, 2025 |