EWHYX

About EWHYX

Eaton Vance High Yield Municipal Income Fund Class W is a mutual fund focused on delivering high current income that is exempt from regular federal income tax. The fund primarily invests at least 80% of its net assets in municipal debt obligations issued by U.S. states, territories, or local authorities where the interest income is federally tax-exempt. It distinguishes itself by targeting high-yielding, lower-rated municipal securities with maturities generally of ten years or more, positioning the fund within the high yield, or “junk,” municipal bond sector. The fund employs a diversified, credit-focused approach managed by an experienced team, relying on rigorous bottom-up credit analysis to identify and monitor opportunities and risks. With total net assets around $1.6 billion, it maintains a portfolio spanning various sectors, states, and credit ratings, providing broad exposure to the municipal bond market while managing the higher credit and liquidity risks associated with lower-rated debt. This fund serves investors seeking tax-advantaged income and is an important vehicle for capital access for U.S. municipalities in need of funding for public projects.