Frequently Asked Questions About EVAIX

What does EVAIX invest in?

This fund is primarily dedicated to municipal debt instruments, allocating a minimum of 80% of its total capital (inclusive of any borrowed funds used for investment) to them. These particular bonds are chosen for their immunity from regular federal income tax, as well as certain state taxes specified in the fund's overall investment strategy. Typically, at least three-quarters (75%) of the net assets will be channeled into municipal securities that, at the time of purchase, carry an investment-grade rating. For any securities without an official rating, the fund's investment adviser must determine that they meet comparable investment-grade quality standards.

What is the expense ratio of EVAIX?

Eaton Vance VA Municipal Income I (EVAIX) charges an expense ratio of 0.56%. This is the annual fee deducted from fund assets to cover management and operations.

What is EVAIX's dividend yield?

EVAIX's trailing-twelve-month yield is 3.57%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of EVAIX?

Effective duration measures EVAIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. EVAIX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of EVAIX?

EVAIX'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 EVAIX?

Yield to maturity (YTM) is the total return you'd earn from EVAIX if every bond in the portfolio is held to maturity at the current price. EVAIX'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.

EVAIX

Eaton Vance VA Municipal Income I

NASDAQ·Asset Management, Income · Financial Services

$6.86$0.01+0.15%

Oct 22 8:05 AM EDT

Price Chart

$6.86+$0.01 (+0.15%)today

−14.25%CAGR −3.03%

Select date range

FromTo

Mar 3, 2008Oct 22, 2021 → Oct 22, 2026· 5.0 yrsOct 22, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)$0.25

Distribution Yield (FWD)3.70%

Annual Distribution (TTM)$0.24

Distribution Yield (TTM)3.57%

Distribution Growth (5Y)+7.1%

FrequencyMonthly

Most Recent$0.02

Ex-Dividend DateSep 30

Payment DateSep 30

DiversificationDiversification Tab

Holdings104

Top 10 Weight28.0%

Top 25 Weight54.4%

Effective Holdings62

Sectors—

Largest Holding592647GN5 · 3.8%

Largest Sector—

Asset ClassBond

StrategyThematic

Cost & RiskExpenses Tab

Expense Ratio0.56%

Cost per 10k Invested$56.00

AUM$86.23M

Avg Daily Volume—

Price$6.86

NAV$6.86

Premium / Discount+0.00%

52-Week Range$6.65 – $7.36

Beta1.01

Fund Overview

Cost Verdict

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Issuer: Eaton Vance
Asset Class: Bond
Strategy: Thematic
Inception: March 3, 2008
Fund Type: Mutual Fund
Domicile: US
Currency: USD
ISIN: US27826Y7123
CUSIP: 27826Y712
Website: www.eatonvance.com/products/mutual-funds/municipals/eaton-vance-virginia-municipal-income-fund.shareclass.i.html

Peers

Peers Tab

ETMDX

Eaton Vance MD Municipal Income A

Cap

$81.7M

ETMOX

Eaton Vance MO Municipal Income A

Cap

$89.4M

MMEYX

Victory Integrity Discovery Fund

Cap

$89.1M

Latest News

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Frequently Asked Questions About EVAIX

What does EVAIX invest in?: This fund is primarily dedicated to municipal debt instruments, allocating a minimum of 80% of its total capital (inclusive of any borrowed funds used for investment) to them. These particular bonds are chosen for their immunity from regular federal income tax, as well as certain state taxes specified in the fund's overall investment strategy. Typically, at least three-quarters (75%) of the net assets will be channeled into municipal securities that, at the time of purchase, carry an investment-grade rating. For any securities without an official rating, the fund's investment adviser must determine that they meet comparable investment-grade quality standards.
What is the expense ratio of EVAIX?: Eaton Vance VA Municipal Income I (EVAIX) charges an expense ratio of 0.56%. This is the annual fee deducted from fund assets to cover management and operations.
What is EVAIX's dividend yield?: EVAIX's trailing-twelve-month yield is 3.57%, calculated from the sum of dividends over the past year divided by the current price.
What is the duration of EVAIX?: Effective duration measures EVAIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. EVAIX's current duration is published on the fund's factsheet on the issuer's website.
What is the credit quality of EVAIX?: EVAIX'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 EVAIX?: Yield to maturity (YTM) is the total return you'd earn from EVAIX if every bond in the portfolio is held to maturity at the current price. EVAIX'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.