ETHYX: Eaton Vance High-Yield Municipal Inc A

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ETHYX Eaton Vance High-Yield Municipal Inc A


Profile

ETHYX - Profile

Vitals

  • YTD Return -5.0%
  • 3 Yr Annualized Return -0.3%
  • 5 Yr Annualized Return 0.1%
  • Net Assets $1.2 B
  • Holdings in Top 10 12.3%

52 WEEK LOW AND HIGH

$8.77
$8.25
$9.52

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.89%

SALES FEES

  • Front Load 4.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 23.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return -5.0%
  • 3 Yr Annualized Total Return -0.3%
  • 5 Yr Annualized Total Return 0.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.57%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Eaton Vance High Yield Municipal Income Fund
  • Fund Family Name
    Eaton Vance
  • Inception Date
    Aug 07, 1995
  • Shares Outstanding
    41646811
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Cynthia Clemson

Fund Description

The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal obligations (including notes and tax-exempt commercial paper) issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies or instrumentalities, the interest on which is exempt from regular federal income tax (the "80% Policy"). It will primarily invest in "high yield" municipal obligations under normal market conditions.


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Categories

Performance

ETHYX - Performance

Return Ranking - Trailing

Period ETHYX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.0% -14.0% 0.5% 18.65%
1 Yr -4.0% -13.9% 5.3% 15.79%
3 Yr -0.3%* -3.0% 1.8% 14.46%
5 Yr 0.1%* -2.2% 1.6% 19.85%
10 Yr 0.8%* -1.4% 1.8% 21.65%

* Annualized

Return Ranking - Calendar

Period ETHYX Return Category Return Low Category Return High Rank in Category (%)
2019 5.0% -0.7% 9.1% 55.08%
2018 -2.3% -4.8% 9.2% 47.13%
2017 3.9% -9.7% 8.6% 55.48%
2016 -2.7% -6.1% -0.8% 31.76%
2015 0.6% -5.6% 2.9% 35.88%

Total Return Ranking - Trailing

Period ETHYX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.0% -14.0% 0.5% 18.65%
1 Yr -4.0% -13.9% 5.3% 15.79%
3 Yr -0.3%* -3.0% 1.8% 17.47%
5 Yr 0.1%* -2.2% 2.3% 23.53%
10 Yr 0.8%* -1.4% 4.3% 25.77%

* Annualized

Total Return Ranking - Calendar

Period ETHYX Return Category Return Low Category Return High Rank in Category (%)
2019 5.0% -0.7% 9.1% 55.08%
2018 -2.3% -4.8% 9.2% 50.00%
2017 3.9% -9.7% 8.8% 58.71%
2016 -2.7% -6.1% 1.0% 37.84%
2015 0.6% -5.6% 5.3% 39.69%

NAV & Total Return History


Holdings

ETHYX - Holdings

Concentration Analysis

ETHYX Category Low Category High ETHYX % Rank
Net Assets 1.2 B 366 K 17.9 B 38.78%
Number of Holdings 410 6 3645 55.15%
Net Assets in Top 10 149 M -38.7 M 2.51 B 37.63%
Weighting of Top 10 12.27% 4.2% 98.8% 62.89%

Top 10 Holdings

  1. MIAMI-DADE CNTY FLA PROFESSIONAL SPORTS FRANCHISE FACS TAX REV 7% 1.74%
  2. OKLAHOMA DEV FIN AUTH HEALTH SYS REV 5.25% 1.41%
  3. BURKE CNTY GA DEV AUTH POLLUTN CTL REV 4.12% 1.41%
  4. PHENIX CITY ALA INDL DEV BRD ENVIRONMENTAL IMPT REV 4.12% 1.16%
  5. LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV 0.02% 1.16%
  6. DETROIT MICH WTR SUPPLY SYS REV 5.25% 1.13%
  7. CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 6% 1.10%
  8. CHICAGO ILL 7.75% 1.10%
  9. TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV 5% 1.05%
  10. ARKANSAS RIVER PWR AUTH COLO PWR REV 5% 1.01%

Asset Allocation

Weighting Return Low Return High ETHYX % Rank
Bonds
97.64% 79.21% 148.07% 60.31%
Cash
2.36% -1.98% 17.48% 35.57%
Stocks
0.00% 0.00% 3.82% 61.34%
Preferred Stocks
0.00% -48.07% 0.00% 57.22%
Other
0.00% -0.09% 1.67% 65.98%
Convertible Bonds
0.00% 0.00% 0.00% 57.73%

Bond Sector Breakdown

Weighting Return Low Return High ETHYX % Rank
Municipal
95.55% 82.40% 100.00% 80.41%
Cash & Equivalents
2.36% 0.00% 17.60% 39.18%
Corporate
1.29% 0.00% 5.11% 7.73%
Government
0.80% -2.36% 1.20% 5.67%
Derivative
0.00% 0.00% 0.26% 61.86%
Securitized
0.00% 0.00% 0.00% 57.73%

Bond Geographic Breakdown

Weighting Return Low Return High ETHYX % Rank
US
97.64% 74.35% 141.91% 13.92%
Non US
0.00% 0.00% 14.58% 98.97%

Expenses

ETHYX - Expenses

Operational Fees

ETHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.89% 0.21% 2.78% 48.44%
Management Fee 0.45% 0.00% 1.25% 22.34%
12b-1 Fee 0.25% 0.00% 1.00% 50.88%
Administrative Fee N/A 0.01% 0.35% N/A

Sales Fees

ETHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.75% 1.00% 4.75% 2.22%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

ETHYX 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.

ETHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 23.00% 5.10% 125.00% 52.85%

Distributions

ETHYX - Distributions

Dividend Yield Analysis

ETHYX Category Low Category High ETHYX % Rank
Dividend Yield 0.70% 0.00% 1.16% 14.72%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

ETHYX Category Low Category High ETHYX % Rank
Net Income Ratio 3.57% 1.99% 5.67% 67.71%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

ETHYX - Fund Manager Analysis

Managers

Cynthia Clemson


Start Date

Tenure

Tenure Rank

Sep 03, 2004

15.67

15.7%

Cynthia J. Clemson is Vice President of Boston Management and Research. Clemson is a vice president with Eaton Vance Management and has been managing portfolios since April 1992. She joined the company as an analyst in 1988. Clemson is a member of the Financial Analysts Federation and the Boston Security Analysts Society.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.35 6.94 0.44