Parametric TABS Intermediate-Term Municipal Bond Fund (EITAX)
| Fund Assets | 390.75M |
| Expense Ratio | 0.85% |
| Min. Investment | $1,000 |
| Turnover | 42.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.04% |
| Dividend Growth | 2.30% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 11.99 |
| YTD Return | 1.72% |
| 1-Year Return | 0.65% |
| 5-Year Return | 2.99% |
| 52-Week Low | 11.39 |
| 52-Week High | 12.26 |
| Beta (5Y) | n/a |
| Holdings | 158 |
| Inception Date | Jan 29, 2010 |
About EITAX
Parametric TABS Intermediate-Term Municipal Bond Fund Class A is a mutual fund focused on providing investors with tax-advantaged income by holding a diversified portfolio of primarily high-quality municipal bonds. The fund’s primary objective is to deliver an after-tax total return, investing at least 80% of net assets in municipal obligations whose interest is generally exempt from regular federal income tax. It emphasizes intermediate portfolio duration, typically targeting maturities between 5 and 13 years, and maintains average portfolio durations of approximately 5 to 7 years. Notably, the fund employs active management and security selection strategies that assess bond relative value across economic cycles and market conditions, and is recognized as one of the industry’s few crossover products that can include both municipal and high-grade U.S. government bonds. This structure is designed to help mitigate portfolio risk while providing a potential complement to lower-quality credit strategies. Parametric TABS Intermediate-Term Municipal Bond Fund Class A is particularly relevant for investors seeking stable, tax-efficient income and diversification across various states and sectors within the U.S. municipal market.
Performance
EITAX had a total return of 0.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.10%.
Top 10 Holdings
22.95% of assets| Name | Symbol | Weight |
|---|---|---|
| SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4% | AL.SEEPWR 12.01.2051 | 4.25% |
| MICHIGAN ST TRUNK LINE 4% | MI.MISTRN 4 11.15.2039 | 3.78% |
| NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5% | NY.NYSGEN 5 03.15.2045 | 2.42% |
| NEW MEXICO MUN ENERGY ACQUISITION AUTH GAS SUPPLY REV 5% | NM.NMSPWR 06.01.2054 | 2.14% |
| Morgan Stanley Inst Lqudty Gov Sec Ins | MUIXX | 2.13% |
| ST VRAIN LAKES MET DIST NO 2 COLO 5% | CO.STVDEV 5 12.01.2046 | 1.71% |
| MUNICIPAL ELEC AUTH GA 5.25% | GA.MELPWR 5.25 07.01.2064 | 1.68% |
| LOS ANGELES CALIF DEPT ARPTS REV 5% | CA.LOSAPT 5 05.15.2039 | 1.68% |
| NEW YORK N Y 5.25% | NY.NYC 5.25 10.01.2042 | 1.60% |
| TEXAS ST TECHNICAL COLLEGE SYS FING SYS REV 5.5% | TX.TXSHGR 5.5 08.01.2042 | 1.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03116 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03185 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03152 | Jun 30, 2025 |
| May 30, 2025 | $0.03109 | May 30, 2025 |
| Apr 30, 2025 | $0.03304 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03257 | Mar 31, 2025 |