Eaton Vance Ohio Municipal Income Fund Class A is an actively managed municipal bond mutual fund focused on the Ohio market. Its primary objective is to deliver current income that is exempt from regular federal income tax and Ohio state personal income taxes, appealing to investors seeking state-specific tax efficiency. The strategy employs a credit-focused approach, drawing on Eaton Vance’s dedicated municipal research team to select and monitor issuers across sectors such as school districts, water and sewer revenue, and local government finance. Portfolio construction emphasizes ongoing credit surveillance and diversified exposure within Ohio municipal debt to balance income generation with risk management. The fund typically maintains moderate interest-rate sensitivity and invests predominantly in investment-grade obligations, with selective use of lower-rated credits based on fundamental analysis. Backed by one of the industry’s larger municipal platforms, the fund plays a niche role in the U.S. municipal bond landscape by channeling capital to Ohio public infrastructure while offering tax-advantaged income to residents. Key attributes include a long operating history, a defined state mandate, and active management intended to navigate credit cycles and municipal market dynamics.
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