Eaton Vance Massachusetts Municipal Income Fund Class A (ETMAX)

Fund Assets	145.68M
Expense Ratio	0.787%
Min. Investment	$1,000
Turnover	60.00%
Dividend (ttm)	0.27
Dividend Yield	3.61%
Dividend Growth	-0.70%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	7.32
YTD Return	-3.02%
1-Year Return	-2.08%
5-Year Return	-3.36%
52-Week Low	7.22
52-Week High	7.93
Beta (5Y)	0.03
Holdings	97
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.

• Fund Family: Eaton Vance
• Category: Muni Massachusetts
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: ETMAX
• Share Class: Class A
• Index: Bloomberg Municipal Bond TR

Performance

ETMAX had a total return of -2.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.30%.

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%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
EIMAX	Class I	0.62%
ECMMX	Class C	1.57%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02295	Sep 30, 2026
Aug 31, 2026	$0.02282	Aug 31, 2026
Jul 31, 2026	$0.02266	Jul 31, 2026
Jun 30, 2026	$0.02244	Jun 30, 2026
May 29, 2026	$0.02191	May 29, 2026
Apr 30, 2026	$0.02249	Apr 30, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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