EVMBX: Eaton Vance AMT-Free Municipal Income I

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EVMBX Eaton Vance AMT-Free Municipal Income I


Profile

EVMBX - Profile

Vitals

  • YTD Return -0.9%
  • 3 Yr Annualized Return 0.0%
  • 5 Yr Annualized Return -0.1%
  • Net Assets $300 M
  • Holdings in Top 10 22.9%

52 WEEK LOW AND HIGH

$9.97
$9.15
$10.41

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.79%

SALES FEES

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

BROKERAGE FEES

  • Turnover 33.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return -0.9%
  • 3 Yr Annualized Total Return 0.0%
  • 5 Yr Annualized Total Return -0.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.76%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Eaton Vance AMT-Free Municipal Income Fund
  • Fund Family Name
    Eaton Vance
  • Inception Date
    Mar 16, 1978
  • Shares Outstanding
    14269147
  • Share Class
    Inst
  • 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 obligations 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. It normally acquires municipal obligations with maturities of ten years or more, but may acquire municipal obligations with shorter maturities or that are subject to shorter call provisions.


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Categories

Performance

EVMBX - Performance

Return Ranking - Trailing

Period EVMBX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -31.4% 945.6% 70.90%
1 Yr -0.1% -25.1% 973.3% 73.18%
3 Yr 0.0%* -10.3% 120.3% 66.02%
5 Yr -0.1%* -5.3% 60.2% 71.92%
10 Yr 0.2%* -5.1% 3.6% 54.93%

* Annualized

Return Ranking - Calendar

Period EVMBX Return Category Return Low Category Return High Rank in Category (%)
2019 3.9% -1.7% 18.3% 52.45%
2018 -2.5% -12.4% 0.8% 49.61%
2017 0.9% -6.0% 20.3% 58.76%
2016 -3.6% -7.8% 8.6% 93.39%
2015 -0.3% -18.3% 3.0% 24.94%

Total Return Ranking - Trailing

Period EVMBX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -31.4% 945.6% 70.90%
1 Yr -0.1% -25.1% 973.3% 73.22%
3 Yr 0.0%* -7.5% 120.3% 70.11%
5 Yr -0.1%* -5.3% 60.2% 77.18%
10 Yr 0.2%* -5.1% 6.8% 66.53%

* Annualized

Total Return Ranking - Calendar

Period EVMBX Return Category Return Low Category Return High Rank in Category (%)
2019 3.9% -1.7% 18.3% 53.35%
2018 -2.5% -11.7% 3.1% 57.90%
2017 0.9% -6.0% 27.0% 65.65%
2016 -3.6% -7.8% 10.7% 94.72%
2015 -0.3% -14.2% 4.2% 33.53%

NAV & Total Return History


Holdings

EVMBX - Holdings

Concentration Analysis

EVMBX Category Low Category High EVMBX % Rank
Net Assets 300 M 634 K 264 B 64.88%
Number of Holdings 153 1 17920 72.92%
Net Assets in Top 10 70.7 M -587 M 20.8 B 59.56%
Weighting of Top 10 22.86% 2.3% 100.0% 44.83%

Top 10 Holdings

  1. PENNSYLVANIA ST TPK COMMN TPK REV 6.38% 4.68%
  2. MASSACHUSETTS ST SPL OBLIG DEDICATED TAX REV 5.5% 2.44%
  3. ANAHEIM CALIF PUB FING AUTH LEASE REV 0% 2.22%
  4. HARRIS CNTY-HOUSTON TEX SPORTS AUTH SPL REV 0% 2.18%
  5. NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4% 2.15%
  6. SAVANNAH GA ECONOMIC DEV AUTH REV 0% 1.90%
  7. ILLINOIS FIN AUTH REV 4% 1.88%
  8. SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 5% 1.83%
  9. CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5% 1.83%
  10. HUDSON YDS INFRASTRUCTURE CORP N Y SECOND INDENTURE REV 4% 1.76%

Asset Allocation

Weighting Return Low Return High EVMBX % Rank
Bonds
97.88% 71.08% 159.74% 41.50%
Cash
2.12% -59.74% 27.48% 48.77%
Stocks
0.00% -0.38% 18.10% 49.86%
Preferred Stocks
0.00% 0.00% 9.11% 54.90%
Other
0.00% -27.60% 31.83% 50.60%
Convertible Bonds
0.00% 0.00% 7.31% 71.61%

Bond Sector Breakdown

Weighting Return Low Return High EVMBX % Rank
Municipal
97.88% 0.00% 100.11% 27.68%
Cash & Equivalents
2.12% -26.49% 24.02% 56.59%
Derivative
0.00% -0.83% 31.72% 52.89%
Securitized
0.00% 0.00% 98.72% 74.82%
Corporate
0.00% 0.00% 99.41% 79.23%
Government
0.00% -2.21% 100.00% 76.80%

Bond Geographic Breakdown

Weighting Return Low Return High EVMBX % Rank
US
97.88% 58.40% 156.78% 26.55%
Non US
0.00% -38.91% 29.50% 89.77%

Expenses

EVMBX - Expenses

Operational Fees

EVMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.79% 0.01% 34.57% 47.76%
Management Fee 0.43% 0.00% 1.25% 63.70%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

EVMBX 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

EVMBX 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.

EVMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 33.00% 0.00% 489.00% 42.61%

Distributions

EVMBX - Distributions

Dividend Yield Analysis

EVMBX Category Low Category High EVMBX % Rank
Dividend Yield 0.00% 0.00% 6.20% 58.22%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

EVMBX Category Low Category High EVMBX % Rank
Net Income Ratio 3.76% -0.71% 6.02% 4.26%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

EVMBX - Fund Manager Analysis

Managers

Cynthia Clemson


Start Date

Tenure

Tenure Rank

Nov 01, 2005

14.5

14.5%

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 33.44 7.42 0.33