EIALX: Eaton Vance AL Municipal Income I

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EIALX Eaton Vance AL Municipal Income I


Profile

EIALX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return 4.9%
  • 5 Yr Annualized Return 5.6%
  • Net Assets $42.9 M
  • Holdings in Top 10 36.4%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.54%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 36.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Jan 17, 2014
  • Standard (Taxable) $250,000
  • IRA N/A

Fund Classification

  • Primary Caregory N/A
  • Fund Type Open End Mutual Fund
  • Investment Style Muni Single State Long

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 4.9%
  • 5 Yr Annualized Total Return 5.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.71%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Eaton Vance Alabama Municipal Income Fund
  • Fund Family Name
    Eaton Vance
  • Inception Date
    Mar 03, 2008
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

The fund normally invests at least 80% of its net assets 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 (which are those rated Baa or higher by Moody's, or BBB or higher by S&P or Fitch) or, if unrated, determined by the investment adviser to be of at least investment grade quality. It is non-diversified.


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Categories

EIALX - Mutual Fund Categories


Performance

EIALX - Performance

Return Ranking - Trailing

Period EIALX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr 2.9% -64.8% 268.1% N/A
3 Yr 4.9%* -100.0% 115.6% N/A
5 Yr 5.6%* -100.0% 58.6% N/A
10 Yr 4.2%* -12.1% 26.2% N/A

* Annualized

Return Ranking - Calendar

Period EIALX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -100.0% 73.0% N/A
2018 N/A -76.0% 212.6% N/A
2017 N/A -65.0% 900.0% N/A
2016 N/A -87.3% 336.8% N/A
2015 N/A -60.1% 304.1% N/A

Total Return Ranking - Trailing

Period EIALX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr 2.9% -64.8% 268.1% N/A
3 Yr 4.9%* -100.0% 115.6% N/A
5 Yr 5.6%* -100.0% 58.6% N/A
10 Yr 4.2%* -12.1% 26.3% N/A

* Annualized

Total Return Ranking - Calendar

Period EIALX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -100.0% 76.6% N/A
2018 N/A -30.7% 212.6% N/A
2017 N/A -65.0% 900.0% N/A
2016 N/A -87.3% 341.1% N/A
2015 N/A -60.1% 304.1% N/A

NAV & Total Return History


Holdings

EIALX - Holdings

Concentration Analysis

EIALX Category Low Category High EIALX % Rank
Net Assets 42.9 M 10 804 B N/A
Number of Holdings 45 1 17333 N/A
Net Assets in Top 10 16.2 M -7.11 B 145 B N/A
Weighting of Top 10 36.36% 0.0% 20474.3% N/A

Top 10 Holdings

  1. Alabama Drinking Wtr Fin Auth 4% 5.43%
  2. Jefferson Cnty Ala Swr Rev Swr Rev W 5% 4.57%
  3. Alabama Incentives Fing Auth 5% 3.74%
  4. Univ Ala Gen Rev Gen Rev W 5% 3.71%
  5. Birmingham Ala Spl Care Facs F Re 6.125% 3.67%
  6. Auburn Ala Wtr Wks Brd Wtr Rev Rev Bd 5% 3.41%
  7. Madison Ala Go Sch Wt 5.15% 3.06%
  8. Alabama St Pub Sch & College A Pub 2.5% 3.01%
  9. Oxford Ala Go Sch Wt 5% 2.96%
  10. Jacksonville Ala St Univ Rev Rev 5.125% 2.80%

Asset Allocation

Weighting Return Low Return High EIALX % Rank
Bonds
91.73% -955.59% 2458.15% N/A
Cash
8.27% -2458.20% 7388.76% N/A
Stocks
0.00% -142.98% 259.25% N/A
Preferred Stocks
0.00% -21.20% 80.89% N/A
Other
0.00% -7288.76% 493.15% N/A
Convertible Bonds
0.00% -0.37% 144.58% N/A

Bond Sector Breakdown

Weighting Return Low Return High EIALX % Rank
Municipal
91.73% 0.00% 165.37% N/A
Cash & Equivalents
8.27% -2458.20% 7388.76% N/A
Derivative
0.00% -511.61% 54.22% N/A
Securitized
0.00% -24.16% 264.51% N/A
Corporate
0.00% -46.36% 3345.86% N/A
Government
0.00% -3298.93% 2458.15% N/A

Bond Geographic Breakdown

Weighting Return Low Return High EIALX % Rank
US
91.73% -955.59% 2458.15% N/A
Non US
0.00% -153.97% 464.75% N/A

Expenses

EIALX - Expenses

Operational Fees

EIALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.54% -2.86% 950.64% N/A
Management Fee 0.28% 0.00% 2.87% N/A
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 52000.00% N/A

Sales Fees

EIALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 25.00% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

EIALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

EIALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 36.00% 0.00% 5067.00% N/A

Distributions

EIALX - Distributions

Dividend Yield Analysis

EIALX Category Low Category High EIALX % Rank
Dividend Yield 0.00% 0.00% 84.51% N/A

Dividend Distribution Analysis

EIALX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Annually

Net Income Ratio Analysis

EIALX Category Low Category High EIALX % Rank
Net Income Ratio 3.71% -46.00% 10.88% N/A

Capital Gain Distribution Analysis

EIALX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

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Fund Manager Analysis

EIALX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.52 5.37 3.25