Eaton Vance New York Municipal Income Fund Class A is a mutual fund that focuses on providing current income exempt from regular federal, New York State, and New York City personal income taxes. The fund primarily invests at least 80% of its assets in municipal obligations issued within New York, aligning with the needs of investors seeking tax-advantaged income, particularly those residing in New York. Its active management leverages Eaton Vance’s municipal bond expertise and credit research to navigate various sectors within the municipal market. The fund distributes income monthly and features a diversified portfolio—recently holding over 140 securities—with an inception dating back to 1994. Its strategy aims to mitigate credit risk through ongoing credit monitoring and research, while seeking to capitalize on opportunities unique to New York municipalities. Eaton Vance New York Municipal Income Fund Class A plays a vital role in the municipal bond segment, offering investors exposure to single-state, tax-exempt fixed-income assets within the broader landscape of municipal income strategies.
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