ETMAX

About ETMAX

Eaton Vance Massachusetts Municipal Income Fund Class A is a municipal bond mutual fund designed to provide shareholders with current income that is exempt from both regular federal income tax and Massachusetts state personal income tax. The fund invests at least 80% of its net assets in a diversified portfolio of municipal securities issued by entities within Massachusetts, including those related to education, healthcare, housing, and public infrastructure. Managed with a credit-focused, actively researched approach by a team with extensive municipal bond market experience, the fund seeks to balance income generation with ongoing credit risk management. It typically holds a broad assortment of Massachusetts municipal obligations, aiming to support public sector projects and services across the state. The fund distributes income monthly and has a moderate expense ratio, providing a tax-advantaged income stream to resident investors. Since its inception in 1993, the fund has established a notable presence in the single-state municipal bond category, appealing primarily to individuals who value tax-exempt income and participate in the Massachusetts tax system.