Parametric TABS Intermediate-Term Municipal Bond Fund (EITCX)
| Fund Assets | 390.75M |
| Expense Ratio | 1.60% |
| Min. Investment | $1,000 |
| Turnover | 42.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.39% |
| Dividend Growth | 3.05% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 11.98 |
| YTD Return | 1.44% |
| 1-Year Return | -0.07% |
| 5-Year Return | -0.52% |
| 52-Week Low | 11.38 |
| 52-Week High | 12.25 |
| Beta (5Y) | n/a |
| Holdings | 158 |
| Inception Date | Jan 29, 2010 |
About EITCX
Parametric TABS Intermediate-Term Municipal Bond Fund Class C is a mutual fund focused on providing tax-advantaged fixed-income exposure through investments primarily in high-quality municipal bonds. Its primary goal is to generate after-tax total return by selectively investing at least 80% of its assets in municipal obligations with interest payments generally exempt from regular federal income tax. The fund largely targets municipal bonds rated A or higher, but can allocate up to 15% to securities rated BBB or comparable quality. It emphasizes a portfolio with intermediate duration, currently aiming for an average duration of roughly 5 to 7 years and maintaining an average maturity between 5 and 13 years. The investment strategy combines active management and relative value analysis, seeking to add value through security selection and leveraging institutional pricing opportunities. Notably, the fund invests in both general obligation and revenue bonds across sectors such as infrastructure, utilities, education, and state or local government funding. Its role in the financial market is to serve investors looking for tax-exempt income with moderate interest rate sensitivity, complementing broader income-generating or tax-optimization strategies within diversified portfolios.
Performance
EITCX had a total return of -0.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.35%.
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 | $0.02368 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02439 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02422 | Jun 30, 2025 |
| May 30, 2025 | $0.02362 | May 30, 2025 |
| Apr 30, 2025 | $0.02583 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02496 | Mar 31, 2025 |