EVAIX

About EVAIX

Eaton Vance Virginia Municipal Income Fund Class I is an actively managed, open-ended mutual fund focused on municipal bonds. Its primary objective is to provide current income that is exempt from both regular federal income tax and Virginia state personal income tax. The fund invests at least 80% of its assets in municipal obligations, with a strong emphasis on investment-grade securities, enhancing credit quality and mitigating risk. Utilizing the credit research expertise of Eaton Vance’s municipal bond team, the fund strategically diversifies across various sectors within the Virginia municipal bond market. Programmatic risk monitoring and the active management approach promote stability and credit resilience. The fund distributes income to shareholders on a monthly basis, appealing to investors seeking consistent, tax-advantaged cash flows. With a competitive expense ratio and a substantial portfolio of holdings, it plays a significant role for those looking to access municipal fixed income tailored to a single state, offering both income generation and a degree of capital preservation within the municipal market context.