EIMAX

About EIMAX

Eaton Vance Massachusetts Municipal Income Fund Class I is a municipal bond mutual fund that focuses on generating a high level of current income exempt from regular federal income tax and Massachusetts state personal income tax. Its primary role is to provide investors, particularly those residing in Massachusetts, with access to a portfolio of municipal obligations backed by the state and its localities, as well as selected revenue-producing authorities. Managed by the experienced municipal bond team at Eaton Vance, the fund employs a credit-focused, actively managed approach that emphasizes rigorous research and ongoing monitoring to identify opportunities and manage risk within the Massachusetts municipal market. The fund typically invests at least 80% of its net assets in these tax-exempt securities, covering sectors such as public infrastructure, education, healthcare, and other essential services. Eaton Vance Massachusetts Municipal Income Fund Class I is notable for its monthly distribution frequency, above-average yield relative to its peers, and an emphasis on tax-advantaged income, making it a strategic holding for investors seeking tax efficiency and municipal market exposure within Massachusetts.