Eaton Vance Massachusetts Municipal Income Fund Class A (ETMAX)
| Fund Assets | 135.88M |
| Expense Ratio | 0.82% |
| Min. Investment | $1,000 |
| Turnover | 60.00% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 3.26% |
| Dividend Growth | 0.32% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 7.89 |
| YTD Return | -2.10% |
| 1-Year Return | 0.60% |
| 5-Year Return | -5.69% |
| 52-Week Low | 7.43 |
| 52-Week High | 8.16 |
| Beta (5Y) | n/a |
| Holdings | 75 |
| Inception Date | Dec 7, 1993 |
About ETMAX
Eaton Vance Massachusetts Municipal Income Fund Class A is a municipal bond mutual fund designed to provide shareholders with current income that is exempt from both regular federal income tax and Massachusetts state personal income tax. The fund invests at least 80% of its net assets in a diversified portfolio of municipal securities issued by entities within Massachusetts, including those related to education, healthcare, housing, and public infrastructure. Managed with a credit-focused, actively researched approach by a team with extensive municipal bond market experience, the fund seeks to balance income generation with ongoing credit risk management. It typically holds a broad assortment of Massachusetts municipal obligations, aiming to support public sector projects and services across the state. The fund distributes income monthly and has a moderate expense ratio, providing a tax-advantaged income stream to resident investors. Since its inception in 1993, the fund has established a notable presence in the single-state municipal bond category, appealing primarily to individuals who value tax-exempt income and participate in the Massachusetts tax system.
Performance
ETMAX had a total return of 0.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.46%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FDMMX | Fidelity | Fidelity Massachusetts Municipal Income Fund | 0.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0212 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02182 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02194 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0219 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02469 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02143 | Aug 29, 2025 |