Eaton Vance New York Municipal Income Fund Class I is an actively managed mutual fund focusing on municipal bonds issued within the state of New York. Its primary objective is to provide investors with current income that is exempt from regular federal, New York State, and New York City personal income taxes. The fund dedicates at least 80% of its assets to municipal obligations that qualify for these tax exemptions, making it especially relevant for investors seeking tax-advantaged income. Portfolio management leverages the deep research capabilities and experience of Eaton Vance’s municipal bond team, employing rigorous credit analysis to pursue a credit-focused investment approach. Holdings span a diverse array of sectors within New York’s municipal market, which can include education, infrastructure, transportation, and public utilities. Through this strategy, the fund plays a vital role for high-net-worth individuals and institutions aiming to manage tax liabilities while maintaining exposure to high-quality municipal debt. Active risk monitoring and portfolio diversification further contribute to its risk management profile. The Class I shares are tailored for institutional and large investors, reflected in the fund’s higher minimum investment requirement and competitive expense structure.
See your Portfolio Score and get data driven insights in ~60 seconds.
Opens in PortfolioPilot
Based on technical indicators and chart patterns, EINYX shows...
Market sentiment analysis indicates...