Eaton Vance Pennsylvania Municipal Income Fund Class I (EIPAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
7.67
+0.01 (0.13%)
At close: Apr 2, 2026
Fund Assets177.52M
Expense Ratio0.55%
Min. Investment$250,000
Turnover62.00%
Dividend (ttm)0.27
Dividend Yield3.58%
Dividend Growth-2.92%
Payout FrequencyMonthly
Ex-Dividend DateMar 31, 2026
Previous Close7.66
YTD Return-0.01%
1-Year Return4.43%
5-Year Return5.09%
52-Week Low7.28
52-Week High7.82
Beta (5Y)n/a
Holdings142
Inception DateMar 3, 2008

About EIPAX

Eaton Vance Pennsylvania Municipal Income Fund Class I is a municipal bond mutual fund focused on providing current income that is exempt from regular federal income tax as well as Pennsylvania state and local taxes. The fund primarily invests in a diversified portfolio of high-quality municipal securities issued by entities within Pennsylvania, such as state agencies, local governments, and special authorities. Its investment strategy draws on a credit-focused approach and the research expertise of one of the nation’s largest municipal bond teams. Suitable for Pennsylvania-based investors seeking tax-advantaged income, the fund typically features holdings with intermediate to long-term maturities and maintains an active management style to adjust credit exposure and sector allocation in response to market conditions. Known for its above-average risk-adjusted performance and institutional share class, the fund emphasizes ongoing credit monitoring and risk mitigation, making it a distinctive offering in the single-state municipal bond category. Eaton Vance, part of Morgan Stanley Investment Management, leverages decades of experience in municipal markets to manage this fund for consistent, tax-exempt income generation and capital preservation goals. Distributions are paid monthly to shareholders.

Fund Family Eaton Vance
Category Muni Pennsylvania
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol EIPAX
Share Class Class I
Index Bloomberg Municipal Bond TR

Performance

EIPAX had a total return of 4.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.48%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
ETPAXClass A0.75%
ECPAXClass C1.50%

Dividend History

Ex-DividendAmountPay Date
Mar 31, 2026$0.02518Mar 31, 2026
Feb 27, 2026$0.02519Feb 27, 2026
Jan 30, 2026$0.02423Jan 30, 2026
Dec 31, 2025$0.02537Dec 31, 2025
Nov 28, 2025$0.02569Nov 28, 2025
Oct 31, 2025$0.02441Oct 31, 2025
Full Dividend History