EINAX: Eaton Vance National Ltd Mat Muni Inc I

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EINAX Eaton Vance National Ltd Mat Muni Inc I


Profile

EINAX - Profile

Vitals

  • YTD Return -1.3%
  • 3 Yr Annualized Return -0.8%
  • 5 Yr Annualized Return -0.6%
  • Net Assets $490 M
  • Holdings in Top 10 15.5%

52 WEEK LOW AND HIGH

$9.75
$9.26
$10.07

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.53%

SALES FEES

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

BROKERAGE FEES

  • Turnover 14.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -1.3%
  • 3 Yr Annualized Total Return -0.8%
  • 5 Yr Annualized Total Return -0.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.95%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Eaton Vance National Limited Maturity Municipal Income Fund
  • Fund Family Name
    Eaton Vance
  • Inception Date
    Oct 01, 2009
  • Shares Outstanding
    29894760
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Adam Weigold

Fund Description

The fund invests at least 80% of its net assets (including borrowings for investment purposes) in municipal obligations that are exempt from regular federal income tax. It may invest without limit in obligations the income from which is subject to the federal alternative minimum tax. At least 65% of net assets normally will be invested in municipal obligations rated at least investment grade at the time of investment. The fund will not invest more than 10% of its net assets in obligations rated below B.


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Categories

Performance

EINAX - Performance

Return Ranking - Trailing

Period EINAX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.3% -36.4% 947.9% 80.50%
1 Yr -1.0% -35.3% 965.9% 84.58%
3 Yr -0.8%* -10.5% 120.4% 91.88%
5 Yr -0.6%* -5.2% 60.4% 90.68%
10 Yr -0.3%* -5.0% 3.6% 89.76%

* Annualized

Return Ranking - Calendar

Period EINAX Return Category Return Low Category Return High Rank in Category (%)
2019 2.1% -1.7% 18.3% 82.35%
2018 -1.8% -12.4% 0.8% 31.71%
2017 0.8% -6.0% 20.3% 61.95%
2016 -3.2% -7.8% 8.6% 86.88%
2015 -0.8% -18.3% 3.0% 44.27%

Total Return Ranking - Trailing

Period EINAX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.3% -36.4% 947.9% 80.50%
1 Yr -1.0% -35.3% 968.2% 84.58%
3 Yr -0.8%* -7.4% 120.4% 92.90%
5 Yr -0.6%* -5.2% 60.4% 92.33%
10 Yr -0.3%* -5.0% 6.9% 94.36%

* Annualized

Total Return Ranking - Calendar

Period EINAX Return Category Return Low Category Return High Rank in Category (%)
2019 2.1% -1.7% 18.3% 83.12%
2018 -1.8% -11.7% 3.1% 40.25%
2017 0.8% -6.0% 27.0% 68.73%
2016 -3.2% -7.8% 10.7% 89.25%
2015 -0.8% -14.2% 4.2% 51.54%

NAV & Total Return History


Holdings

EINAX - Holdings

Concentration Analysis

EINAX Category Low Category High EINAX % Rank
Net Assets 490 M 634 K 264 B 54.40%
Number of Holdings 272 1 17920 54.19%
Net Assets in Top 10 77.8 M -587 M 20.8 B 57.61%
Weighting of Top 10 15.53% 2.3% 100.0% 68.03%

Top 10 Holdings

  1. SALEM-KEIZER ORE SCH DIST NO 24J 0% 2.49%
  2. LONG ISLAND PWR AUTH N Y ELEC SYS REV 1.01% 1.97%
  3. WASHINGTON ST 0% 1.93%
  4. BOSTON MASS 0.12% 1.54%
  5. PENNSYLVANIA ST TPK COMMN OIL FRANCHISE TAX REV 5% 1.43%
  6. ILLINOIS SPORTS FACS AUTH 0% 1.33%
  7. JACKSON TWP N J SCH DIST 5.25% 1.32%
  8. RICHLAND CNTY S C ENVIRONMENTAL IMPT REV 3.88% 1.29%
  9. NEW YORK ST DORM AUTH REVS 5.25% 1.12%
  10. MICHIGAN FIN AUTH REV 5% 1.12%

Asset Allocation

Weighting Return Low Return High EINAX % Rank
Bonds
98.61% 71.08% 157.69% 33.06%
Cash
1.38% -57.68% 27.48% 58.50%
Stocks
0.00% -0.38% 18.10% 30.70%
Preferred Stocks
0.00% 0.00% 9.11% 55.63%
Other
0.00% -27.60% 53.37% 50.51%
Convertible Bonds
0.00% 0.00% 6.53% 72.31%

Bond Sector Breakdown

Weighting Return Low Return High EINAX % Rank
Municipal
98.62% 0.00% 100.11% 23.38%
Cash & Equivalents
1.38% -26.49% 24.02% 65.60%
Derivative
0.00% -0.83% 31.72% 52.81%
Securitized
0.00% 0.00% 98.72% 75.56%
Corporate
0.00% 0.00% 99.41% 79.65%
Government
0.00% -2.21% 100.00% 77.50%

Bond Geographic Breakdown

Weighting Return Low Return High EINAX % Rank
US
98.14% 58.40% 150.78% 24.80%
Non US
0.47% -38.91% 29.50% 75.45%

Expenses

EINAX - Expenses

Operational Fees

EINAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.53% 0.01% 34.57% 76.06%
Management Fee 0.40% 0.00% 1.25% 53.16%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

EINAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

EINAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

EINAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.00% 0.00% 489.00% 14.22%

Distributions

EINAX - Distributions

Dividend Yield Analysis

EINAX Category Low Category High EINAX % Rank
Dividend Yield 0.23% 0.00% 6.10% 15.33%

Dividend Distribution Analysis

EINAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

EINAX Category Low Category High EINAX % Rank
Net Income Ratio 2.95% -0.71% 6.53% 25.59%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

EINAX - Fund Manager Analysis

Managers

Adam Weigold


Start Date

Tenure

Tenure Rank

Mar 03, 2014

6.16

6.2%

Mr. Weigold is a Vice President of Eaton Vance, has been an Eaton Vance portfolio manager for more than five years and also manages other Eaton Vance funds. Each portfolio manager is a Vice President of Eaton Vance and BMR and also manages other Eaton Vance portfolios, and Mr. Weigold was appointed a portfolio manager in 2007 and has been a municipal credit analyst of Eaton Vance for more than five years.

Christopher Eustance


Start Date

Tenure

Tenure Rank

Dec 31, 2019

0.33

0.3%

Trevor Smith


Start Date

Tenure

Tenure Rank

Dec 31, 2019

0.33

0.3%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.44 7.44 0.33