Eaton Vance VA Municipal Income A (ETVAX)
| Fund Assets | 60.55M |
| Expense Ratio | 0.74% |
| Min. Investment | $1,000 |
| Turnover | 78.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 3.37% |
| Dividend Growth | 2.03% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 6.92 |
| YTD Return | -2.20% |
| 1-Year Return | -1.21% |
| 5-Year Return | -2.92% |
| 52-Week Low | 6.76 |
| 52-Week High | 7.29 |
| Beta (5Y) | n/a |
| Holdings | 81 |
| Inception Date | Dec 17, 1993 |
About ETVAX
Eaton Vance Virginia Municipal Income Fund is an open-end municipal bond mutual fund focused on single‑state exposure to Virginia issuers. Its primary purpose is to generate current income that is generally exempt from regular federal income tax and Virginia state personal income tax by investing predominantly in tax‑exempt municipal obligations across essential public sectors such as general obligation, revenue, transportation, education, and utilities. The fund employs an actively managed, credit‑focused process led by Eaton Vance’s dedicated municipal team, emphasizing fundamental credit research and ongoing monitoring to manage default and downgrade risk. Portfolio construction targets the intermediate segment of the muni market, with maturities consistent with the category’s duration profile, and normally allocates the majority of assets to investment‑grade securities while retaining flexibility for opportunistic positioning. Benchmarked to the Bloomberg Municipal Bond Index, the strategy distributes income monthly and is available in multiple share classes with differing expense structures. Within the municipal bond landscape, the fund serves investors seeking state‑specific tax efficiency and diversified exposure to Virginia’s municipal finance ecosystem, supported by the scale and resources of a large municipal bond manager.
Performance
ETVAX had a total return of -1.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.97%.
Top 10 Holdings
30.07% of assets| Name | Symbol | Weight |
|---|---|---|
| METROPOLITAN WASH D C ARPTS AUTH ARPT SYS REV 5% | DC.METAPT 5 10.01.2044 | 4.43% |
| VIRGINIA ST HSG DEV AUTH 4.1% | VA.VASHSG 4.1 10.01.2027 | 3.22% |
| VIRGINIA BEACH VA STORM WTR UTIL REV 4% | VA.VBHUTL 4 11.15.2045 | 3.15% |
| VIRGINIA COLLEGE BLDG AUTH VA EDL FACS REV 5.25% | VA.VACHGR 5.25 01.01.2031 | 3.06% |
| VIRGINIA SMALL BUSINESS FING AUTH RESIDENTIAL CARE FAC REV 5% | VA.VBFMED 5 12.01.2039 | 2.90% |
| VIRGINIA SMALL BUSINESS FING AUTH HEALTHCARE FACS REV 4% | VA.VASMED 4 12.01.2049 | 2.77% |
| HAMPTON ROADS SANTN DIST VA WASTEWATER REV 4% | VA.HMRUTL 4 10.01.2038 | 2.73% |
| VIRGINIA SMALL BUSINESS FING AUTH REV 5% | VA.VASDEV 5 07.01.2038 | 2.69% |
| HARRISONBURG VA REDEV & HSG AUTH MULTI-FAMILY HSG REV 4% | VA.HARMFH 12.01.2028 | 2.68% |
| NORFOLK VA REDEV & HSG AUTH REV 5% | VA.NORDEV 5 01.01.2034 | 2.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.02232 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02017 | Jun 30, 2025 |
| May 30, 2025 | $0.01941 | May 30, 2025 |
| Apr 30, 2025 | $0.02014 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01976 | Mar 31, 2025 |
| Feb 28, 2025 | $0.01787 | Feb 28, 2025 |