About ENYIX
Eaton Vance New York Municipal Opportunities Fund Class I is an open-end mutual fund that primarily invests in municipal bonds issued by New York State and its local authorities, agencies, or instrumentalities. The fund’s core objective is to generate after-tax total return, focusing on securities exempt from regular federal, New York State, and New York City personal income taxes. It maintains a flexible investment mandate, allowing holdings across various durations and credit qualities, including up to 50% in bonds rated below investment grade. The fund can also allocate a portion to obligations from U.S. territories such as Puerto Rico, subject to state tax requirements. Recognized as a non-diversified fund, it tends to concentrate assets among fewer issuers compared to diversified funds, which may increase specific issuer risk. Its dynamic management is designed to capitalize on shifting municipal market opportunities, and it mainly serves institutional investors, evidenced by its high minimum investment. By leveraging New York municipal bonds, the fund plays a specialized role in providing potential tax-advantaged income solutions, particularly for investors with New York tax exposure.
Fund Family Eaton Vance
Category Muni New York Intermediate
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol ENYIX
Share Class Class I
Index Bloomberg Municipal Bond TR
ENYIX had a total return of 4.65% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.10%.
