Eaton Vance Minnesota Municipal Income Fund Class A (ETMNX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.97
-0.02 (-0.22%)
Oct 29, 2024, 4:00 PM EDT
6.66% (1Y)
| Fund Assets | 249.19M |
| Expense Ratio | 0.70% |
| Min. Investment | $1,000 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 3.04% |
| Dividend Growth | 26.50% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2024 |
| Previous Close | 8.99 |
| YTD Return | 0.45% |
| 1-Year Return | 9.74% |
| 5-Year Return | 3.88% |
| 52-Week Low | 8.39 |
| 52-Week High | 9.16 |
| Beta (5Y) | n/a |
| Holdings | 143 |
| Inception Date | Dec 9, 1993 |
About ETMNX
The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal obligations that are exempt from regular federal income tax and the state taxes specified in the fund's investment objective. At least 75% of net assets normally will be invested in municipal obligations rated at least investment grade at the time of investment or, if unrated, determined by the investment adviser to be of at least investment grade quality.
Fund Family Eaton Vance
Category Muni Minnesota
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol ETMNX
Index Bloomberg Municipal Bond TR
Performance
ETMNX had a total return of 9.74% in the past year. Since the fund's inception, the average annual return has been 3.56%, including dividends.
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 Fund | 0.47% |
Top 10 Holdings
19.01% of assets| Name | Symbol | Weight |
|---|---|---|
| SOUTHERN MINN MUN PWR AGY PWR SUPPLY SYS REV 0% | MN SOUPWR 0 01.01.2025 | 3.54% |
| MINNESOTA ST OFFICE OF HIGHER ED REV 4% | MN MNSHGR 4 11.01.2042 | 2.19% |
| MINNESOTA ST HIGHER ED FACS AUTH REV 5% | MN MNSHGR 5 03.01.2053 | 2.13% |
| ROCHESTER MINN HEALTH CARE FACS REV 4% | MN ROCMED 4 11.15.2048 | 1.96% |
| MINNEAPOLIS MINN 5% | MN MIN 5 12.01.2040 | 1.86% |
| ROCHESTER MINN ELEC UTIL REV 5% | MN RICPWR 5 12.01.2042 | 1.84% |
| MINNEAPOLIS MINN HEALTH CARE SYS REV 1.75% | MN MINMED 11.15.2048 | 1.40% |
| MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5.25% | MN MINAPT 5.25 01.01.2044 | 1.40% |
| MINNESOTA ST MUN PWR AGY ELEC REV 4% | MN MNSPWR 4 10.01.2041 | 1.36% |
| HENNEPIN CNTY MINN 5% | MN HEN 5 12.01.2043 | 1.34% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2024 | $0.02455 | Sep 30, 2024 |
| Aug 30, 2024 | $0.02382 | Aug 30, 2024 |
| Jul 31, 2024 | $0.02338 | Jul 31, 2024 |
| Jun 28, 2024 | $0.02414 | Jun 28, 2024 |
| May 31, 2024 | $0.02358 | May 31, 2024 |
| Apr 30, 2024 | $0.024 | Apr 30, 2024 |