Eaton Vance Oregon Municipal Income Fund Class A is an actively managed municipal bond mutual fund focused on the Oregon tax-exempt market. Its primary objective is to deliver current income that is exempt from regular federal income tax and Oregon state personal income tax by investing predominantly in municipal obligations, with at least 80% of assets in tax-exempt securities and a core allocation to investment‑grade credits supported by in‑house credit research and monitoring. The portfolio spans multiple municipal sectors within Oregon, reflecting a credit‑focused approach guided by Eaton Vance’s experienced municipal team. The fund sits in the muni single‑state intermediate category, aligning its interest‑rate profile with intermediate maturities and a duration typically in the mid‑range for the category. It distributes income monthly and tracks the Bloomberg Municipal Bond Index as a performance benchmark while pursuing tax‑advantaged income for Oregon residents. Established in the early 1990s, the strategy emphasizes disciplined credit selection, diversification across issuers, and ongoing risk oversight to navigate evolving state and local fiscal dynamics.
Based on technical indicators and chart patterns, ETORX shows...
Market sentiment analysis indicates...