- What does ETGAX invest in?
- This fund primarily allocates a minimum of 80% of its total investable capital (which includes any borrowed funds) to municipal bonds. These securities are specifically selected because they offer exemptions from regular federal income tax, as well as specific state taxes detailed in the fund's investment policy. Additionally, at least 75% of the portfolio's net assets are typically invested in municipal debt that holds an investment-grade rating at the point of purchase, or, if unrated, is determined by the investment adviser to possess equivalent high credit quality.
- What is the expense ratio of ETGAX?
- Eaton Vance GA Municipal Income A (ETGAX) charges an expense ratio of 0.71%. This is the annual fee deducted from fund assets to cover management and operations.
- What is ETGAX's dividend yield?
- ETGAX's trailing-twelve-month yield is 3.39%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of ETGAX?
- Effective duration measures ETGAX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. ETGAX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of ETGAX?
- ETGAX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of ETGAX?
- Yield to maturity (YTM) is the total return you'd earn from ETGAX if every bond in the portfolio is held to maturity at the current price. ETGAX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
