EITAX: Eaton Vance TABS Interm-Term Muni Bd A

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EITAX Eaton Vance TABS Interm-Term Muni Bd A


Profile

EITAX - Profile

Vitals

  • YTD Return 2.7%
  • 3 Yr Annualized Return 1.7%
  • 5 Yr Annualized Return 1.7%
  • Net Assets $501 M
  • Holdings in Top 10 20.6%

52 WEEK LOW AND HIGH

$12.94
$11.59
$13.04

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.90%

SALES FEES

  • Front Load 4.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 74.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 2.7%
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return 1.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.81%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Parametric TABS Intermediate-Term Municipal Bond Fund
  • Fund Family Name
    Eaton Vance
  • Inception Date
    Feb 01, 2010
  • Shares Outstanding
    3951964
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James Evans

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a diversified portfolio of municipal obligations the interest on which is exempt from regular federal income tax. It normally invests in municipal obligations rated in the three highest rating categories or, if unrated, determined by the investment adviser to be of comparable quality at the time of purchase. The fund currently targets an average portfolio duration of approximately 5 - 7 years and an average weighted portfolio maturity of approximately 5 - 13 years.


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Categories

Performance

EITAX - Performance

Return Ranking - Trailing

Period EITAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.7% -31.6% 952.6% 34.00%
1 Yr 3.1% -28.1% 958.8% 33.79%
3 Yr 1.7%* -13.3% 121.0% 31.17%
5 Yr 1.7%* -9.9% 60.8% 10.97%
10 Yr 2.2%* -5.0% 3.6% 1.57%

* Annualized

Return Ranking - Calendar

Period EITAX Return Category Return Low Category Return High Rank in Category (%)
2019 3.9% -1.7% 20.3% 53.24%
2018 -1.9% -24.9% 0.8% 32.34%
2017 2.6% -6.0% 17.1% 12.74%
2016 -1.8% -14.9% 15.0% 60.50%
2015 1.4% -18.3% 3.0% 0.96%

Total Return Ranking - Trailing

Period EITAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.7% -31.6% 952.6% 34.00%
1 Yr 3.1% -28.1% 958.8% 33.75%
3 Yr 1.7%* -10.4% 121.0% 37.06%
5 Yr 1.7%* -7.9% 60.8% 22.03%
10 Yr 2.5%* -5.0% 6.8% 9.90%

* Annualized

Total Return Ranking - Calendar

Period EITAX Return Category Return Low Category Return High Rank in Category (%)
2019 3.9% -1.7% 20.3% 54.14%
2018 -1.9% -24.9% 3.1% 41.06%
2017 2.6% -6.0% 27.0% 23.20%
2016 -1.7% -14.8% 15.0% 62.66%
2015 1.4% -12.6% 4.2% 3.23%

NAV & Total Return History


Holdings

EITAX - Holdings

Concentration Analysis

EITAX Category Low Category High EITAX % Rank
Net Assets 501 M 641 K 269 B 54.10%
Number of Holdings 175 1 18073 67.95%
Net Assets in Top 10 95.2 M -587 M 21.3 B 52.91%
Weighting of Top 10 20.56% 2.3% 100.0% 52.01%

Top 10 Holdings

  1. KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% 3.84%
  2. TRIBOROUGH BRDG & TUNL AUTH N Y REVS 5% 2.58%
  3. PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 4% 2.52%
  4. MANHATTAN BEACH CALIF UNI SCH DIST 4% 2.36%
  5. SAN DIEGUITO CALIF UN HIGH SCH DIST 4% 1.90%
  6. MAIN STR NAT GAS INC GA GAS SUPPLY REV 0.68% 1.68%
  7. NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 4% 1.44%
  8. NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5% 1.44%
  9. RICHMOND VA PUB UTIL REV 4% 1.41%
  10. LOS ANGELES CALIF UNI SCH DIST 4% 1.38%

Asset Allocation

Weighting Return Low Return High EITAX % Rank
Bonds
91.18% 71.08% 171.20% 84.55%
Cash
8.82% -73.78% 27.48% 10.85%
Stocks
0.00% -0.93% 19.79% 26.89%
Preferred Stocks
0.00% -0.14% 8.39% 32.72%
Other
0.00% -27.60% 35.82% 26.89%
Convertible Bonds
0.00% 0.00% 10.07% 57.94%

Bond Sector Breakdown

Weighting Return Low Return High EITAX % Rank
Municipal
91.18% 0.00% 100.11% 40.98%
Cash & Equivalents
8.82% -26.49% 41.51% 12.17%
Derivative
0.00% -0.83% 24.19% 29.75%
Securitized
0.00% 0.00% 97.63% 63.31%
Corporate
0.00% 0.00% 99.89% 69.24%
Government
0.00% -2.21% 100.00% 66.24%

Bond Geographic Breakdown

Weighting Return Low Return High EITAX % Rank
US
91.18% 58.40% 150.78% 55.11%
Non US
0.00% -35.87% 29.50% 85.77%

Expenses

EITAX - Expenses

Operational Fees

EITAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.90% 0.01% 34.57% 38.75%
Management Fee 0.60% 0.00% 1.50% 96.32%
12b-1 Fee 0.25% 0.00% 1.00% 33.73%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

EITAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.75% 0.50% 5.75% 4.47%
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

EITAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

EITAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 74.00% 0.00% 496.90% 68.21%

Distributions

EITAX - Distributions

Dividend Yield Analysis

EITAX Category Low Category High EITAX % Rank
Dividend Yield 0.00% 0.00% 5.97% 27.35%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

EITAX Category Low Category High EITAX % Rank
Net Income Ratio 1.81% -1.31% 6.53% 84.89%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

EITAX - Fund Manager Analysis

Managers

James Evans


Start Date

Tenure

Tenure Rank

Feb 01, 2010

10.33

10.3%

Mr. Evans is Chief Investment Officer, Fixed Income of Parametric and has been employed by the Eaton Vance organization for more than five years. Jim Evans was a vice president of Eaton Vance Management, director of the Tax-Advantaged Bond Strategies Division and portfolio manager on Eaton Vance’s tax-advantaged bond strategies team.

Brian Barney


Start Date

Tenure

Tenure Rank

Jun 07, 2010

9.99

10.0%

Mr. Barney is a Managing Director, Institutional Portfolio Management of Parametric..Brian C. Barney was Vice President of Eaton Vance and had been managing the Fund since June 2010. Prior to joining Eaton Vance in 2008, Mr. Barney was employed at M.D. Sass from 2001-2008. Brian C. Barney holds a BS from University of Virginia and a CFA.

Christopher Harshman


Start Date

Tenure

Tenure Rank

Jun 07, 2010

9.99

10.0%

Mr. Harshman is a Director, Portfolio Management of Parametric Mr. Harshman joined Eaton Vance in 2009. He was a Vice President and Senior Trader at Wachovia Bank, N.A. from 2004-2009. Mr. Harshman holds a BA, BS from University of Florida and MBA from Simon School of Business, University of Rochester. He holds a CFA.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 33.52 7.45 0.41