Eaton Vance National Municipal Income Fund Class I (EIHMX)
| Fund Assets | 4.16B |
| Expense Ratio | 0.46% |
| Min. Investment | $250,000 |
| Turnover | 82.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 4.21% |
| Dividend Growth | -0.88% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 8.74 |
| YTD Return | -3.84% |
| 1-Year Return | -2.64% |
| 5-Year Return | -1.15% |
| 52-Week Low | 8.66 |
| 52-Week High | 9.45 |
| Beta (5Y) | n/a |
| Holdings | 557 |
| Inception Date | Jul 1, 1999 |
About EIHMX
Eaton Vance National Municipal Income Fund Class I is a mutual fund that primarily invests in municipal bonds, with the goal of generating current income that is exempt from regular federal income tax. The fund takes a diversified, credit-focused approach, allocating assets across a broad spectrum of municipal sectors, states, and credit quality tiers. Managed by an experienced team, the fund leverages Eaton Vance’s extensive municipal market research and active management to identify relative value opportunities and manage risk. This fund typically emphasizes longer-maturity municipal bonds, which can offer higher yields but may also entail greater price volatility compared to shorter-term peers. By focusing on tax-exempt income, it plays a significant role for investors seeking tax-advantaged income sources, particularly within the context of fixed income and municipal bond markets. The fund's breadth and active management contribute to its importance as a tool for diversification and credit exposure in the municipal asset class.
Performance
EIHMX had a total return of -2.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.83%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
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 | $0.0305 | Jun 30, 2025 |
| May 30, 2025 | $0.02969 | May 30, 2025 |
| Apr 30, 2025 | $0.03031 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03035 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03028 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03039 | Jan 31, 2025 |