Eaton Vance MA Municipal Income I (EIMAX)
| Fund Assets | 131.86M |
| Expense Ratio | 0.61% |
| Min. Investment | $250,000 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 3.63% |
| Dividend Growth | 2.83% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 7.82 |
| YTD Return | 0.14% |
| 1-Year Return | -0.14% |
| 5-Year Return | -1.32% |
| 52-Week Low | 7.39 |
| 52-Week High | 8.10 |
| Beta (5Y) | 0.27 |
| Holdings | 77 |
| Inception Date | Jun 17, 1993 |
About EIMAX
Eaton Vance Massachusetts Municipal Income Fund Class I is a municipal bond mutual fund that focuses on generating a high level of current income exempt from regular federal income tax and Massachusetts state personal income tax. Its primary role is to provide investors, particularly those residing in Massachusetts, with access to a portfolio of municipal obligations backed by the state and its localities, as well as selected revenue-producing authorities. Managed by the experienced municipal bond team at Eaton Vance, the fund employs a credit-focused, actively managed approach that emphasizes rigorous research and ongoing monitoring to identify opportunities and manage risk within the Massachusetts municipal market. The fund typically invests at least 80% of its net assets in these tax-exempt securities, covering sectors such as public infrastructure, education, healthcare, and other essential services. Eaton Vance Massachusetts Municipal Income Fund Class I is notable for its monthly distribution frequency, above-average yield relative to its peers, and an emphasis on tax-advantaged income, making it a strategic holding for investors seeking tax efficiency and municipal market exposure within Massachusetts.
Performance
EIMAX had a total return of -0.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.48%.
Top 10 Holdings
28.58% of assets| Name | 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 | $0.02596 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02273 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02319 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02374 | Jun 30, 2025 |
| May 30, 2025 | $0.02368 | May 30, 2025 |
| Apr 30, 2025 | $0.02373 | Apr 30, 2025 |