About EINAX
Eaton Vance National Limited Maturity Municipal Income Fund Class I is an open‑end mutual fund focused on short‑duration U.S. municipal bonds that seek to provide income generally exempt from regular federal income tax. The portfolio is broadly diversified across states and sectors such as transportation, general obligations, special tax revenue, housing, hospitals, and utilities, reflecting its role in financing public infrastructure and services. The fund emphasizes investment‑grade credit quality, with a majority in AA and A ratings, complemented by selective BBB and below‑investment‑grade exposure, and maintains an average duration of roughly three to four years to moderate interest‑rate sensitivity. Managed by the Eaton Vance municipal team within Morgan Stanley Investment Management, the strategy employs active credit research and relative‑value trading to navigate the municipal market’s structure and liquidity dynamics. Class I shares are institutionally oriented and track standard mutual fund metrics such as net asset value, assets, and expenses, while the fund’s mandate and risk disclosures highlight sensitivity to interest‑rate moves, credit conditions, liquidity, derivatives use, and potential exposure to the alternative minimum tax.
Fund Family Eaton Vance
Category Muni National Short
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol EINAX
Share Class Class I
Index Bloomberg Municipal Short-Inter 1-10Y TR
EINAX had a total return of 3.55% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.20%.
