EIHYX

About EIHYX

Eaton Vance High Yield Municipal Income Fund Class I is an open-end mutual fund primarily focused on generating high current income that is exempt from regular federal income tax. The fund invests at least 80% of its net assets in municipal securities issued by U.S. states, territories, or their agencies—securities whose interest is typically tax-exempt at the federal level. Its strategy centers on high yield, or lower-rated, municipal bonds, which provide higher income potential in exchange for elevated credit risk. This approach offers investors exposure to a diversified portfolio spanning multiple sectors, states, and credit tiers within the municipal bond market. The fund employs a credit-focused, bottom-up selection process led by an experienced team, prioritizing rigorous credit research and risk monitoring. With over $1.6 billion in assets, it plays a significant role in the high yield municipal fund space, serving investors seeking tax-advantaged income and diversified exposure to municipal credit markets. Monthly distributions and an emphasis on identifying relative value across muni sectors further define its market role.