Eaton Vance MN Municipal Income A (ETMNX)
| Fund Assets | 232.45M |
| Expense Ratio | 0.71% |
| Min. Investment | $1,000 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 3.14% |
| Dividend Growth | 2.66% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 8.89 |
| YTD Return | 0.35% |
| 1-Year Return | 0.46% |
| 5-Year Return | 1.63% |
| 52-Week Low | 8.39 |
| 52-Week High | 9.15 |
| Beta (5Y) | n/a |
| Holdings | 139 |
| Inception Date | Dec 9, 1993 |
About ETMNX
Eaton Vance Minnesota Municipal Income Fund Class A is an actively managed municipal bond mutual fund focused on generating current income that is generally exempt from regular federal income tax and Minnesota state personal income tax. The portfolio concentrates on Minnesota issuers across key municipal sectors such as general obligation, hospital, education, electric utilities, transportation, and housing, reflecting the state’s public finance infrastructure and essential-service borrowers. The strategy maintains broad diversification, with over a hundred holdings and a bias toward investment‑grade credit quality, including meaningful allocations to AAA, AA, and A-rated bonds, while a small portion may be subject to the alternative minimum tax. Duration and maturity positioning aim to balance income with interest‑rate sensitivity typical of longer‑dated municipal securities. Managed by Eaton Vance, part of Morgan Stanley Investment Management, the fund employs research‑driven security selection and active sector allocation to navigate credit, liquidity, and rate cycles within the Minnesota tax‑exempt market. It plays a niche role for investors seeking state‑specific tax‑advantaged income and exposure to Minnesota’s municipal credit landscape.
Performance
ETMNX had a total return of 0.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.49%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIMIX | Fidelity | Fidelity Minnesota Municipal Income | 0.47% |
Top 10 Holdings
17.72% of assets| Name | Symbol | Weight |
|---|---|---|
| City of Rochester MN - ROCHESTER MN HLTH CARE FACS REVENUE | n/a | 2.38% |
| City of Minneapolis MN - MINNEAPOLIS MN | n/a | 2.01% |
| City of Rochester MN - ROCHESTER MN HLTH CARE FACS REVENUE | n/a | 1.99% |
| Duluth Economic Development Authority - DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE | n/a | 1.79% |
| City of Minneapolis MN - MINNEAPOLIS MN | n/a | 1.72% |
| City of Rochester MN Electric Utility Revenue - ROCHESTER MN ELEC UTILITY REVENUE | MN.RICPWR 5 12.01.2042 | 1.71% |
| Duluth Economic Development Authority - DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE | n/a | 1.67% |
| Minneapolis-St Paul Metropolitan Airports Commission - MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE | n/a | 1.50% |
| Minnesota Municipal Power Agency - MINNESOTA ST MUNI PWR AGY ELEC REVENUE | n/a | 1.48% |
| St Paul Independent School District No 625 - SAINT PAUL MN INDEP SCH DIST #625 | n/a | 1.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.02428 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02456 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02407 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0245 | Jun 30, 2025 |
| May 30, 2025 | $0.02434 | May 30, 2025 |
| Apr 30, 2025 | $0.02415 | Apr 30, 2025 |