# Eaton Vance NC Municipal Income A (ETNCX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/etncx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Eaton Vance · Asset class: Bond - Strategy: Thematic · Inception: 1993-12-22 This fund's primary strategy is to invest in municipal bonds, dedicating a minimum of 80% of its total assets (which includes any funds borrowed for investment purposes) to these types of securities. These municipal obligations are specifically chosen because they are free from standard federal income tax and also exempt from certain state taxes, as specified in the fund's mandate. Furthermore, the fund maintains a focus on credit quality, typically committing at least 75% of its net assets to bonds that possess an investment-grade rating when acquired, or, if unrated, are judged by the inv... ## Key Facts | Metric | Value | |---|---| | Price | $8.08 | | Expense Ratio | 0.71% | | Assets Under Management | $260.2M | | NAV | $8.08 | | Holdings Count | — | | Distribution Yield (TTM) | 3.34% | | Annual Distribution (TTM) | $0.27 /share | | Distribution Frequency | Monthly | | 52-Week Range | $7.81 – $8.57 | | Beta | 0.95 | ## Latest Distribution - Amount: $0.0232 /share - Ex-date: 2026-09-30 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does ETNCX invest in? This fund's primary strategy is to invest in municipal bonds, dedicating a minimum of 80% of its total assets (which includes any funds borrowed for investment purposes) to these types of securities. These municipal obligations are specifically chosen because they are free from standard federal income tax and also exempt from certain state taxes, as specified in the fund's mandate. Furthermore, the fund maintains a focus on credit quality, typically committing at least 75% of its net assets to bonds that possess an investment-grade rating when acquired, or, if unrated, are judged by the investment adviser to meet equivalent high-quality standards. ### What is the expense ratio of ETNCX? Eaton Vance NC Municipal Income A (ETNCX) charges an expense ratio of 0.71%. This is the annual fee deducted from fund assets to cover management and operations. ### What is ETNCX's dividend yield? ETNCX's trailing-twelve-month yield is 3.34%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of ETNCX? Effective duration measures ETNCX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. ETNCX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of ETNCX? ETNCX'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 ETNCX? Yield to maturity (YTM) is the total return you'd earn from ETNCX if every bond in the portfolio is held to maturity at the current price. ETNCX'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. ### Does ETNCX pay a dividend? Yes, Eaton Vance NC Municipal Income A (ETNCX) distributes dividends to shareholders. The trailing-twelve-month yield is 3.34%. Full dividend history is on this page. ### How often does ETNCX pay dividends? Eaton Vance NC Municipal Income A pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is ETNCX's next ex-dividend date? The most recently announced ex-dividend date for ETNCX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will ETNCX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.71% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does ETNCX charge its expense ratio? The expense ratio is deducted in tiny daily slices from ETNCX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does ETNCX cost more than a fund like VOO? ETNCX's strategy (current expense ratio 0.71%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where ETNCX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to ETNCX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as ETNCX (0.71%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/etncx - Distribution history: https://www.dividenddata.com/funds/etncx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/etncx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/etncx/expenses - Peer comparison: https://www.dividenddata.com/funds/etncx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.