Eaton Vance Ohio Municipal Income Fund is an open‑end municipal bond mutual fund focused on the Ohio tax‑exempt market. Its primary objective is to deliver current income that is exempt from regular federal income tax and Ohio state personal income tax by investing predominantly in investment‑grade and select high‑yield Ohio municipal securities across sectors such as school districts, water and sewer revenue, healthcare facilities, and economic development projects. The strategy is actively managed by Eaton Vance’s experienced municipals team, emphasizing bottom‑up credit research, ongoing issuer monitoring, and a credit‑focused approach to portfolio construction. Portfolio allocations span a diversified set of Ohio issuers, with notable exposure to local school district general obligations and essential‑service revenue bonds, targeting medium interest‑rate sensitivity consistent with typical intermediate municipal profiles. The fund plays a specialized role in the market as a single‑state municipal option for investors seeking tax‑advantaged income aligned with Ohio’s fiscal landscape, leveraging the scale and research capabilities of a long‑tenured municipal bond manager to navigate credit cycles and municipal sector dynamics.
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