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Morningstar

Eaton Vance CA Municipal Opportunities A EACAX

Morningstar Medalist Rating
Medalist Rating as of | See Eaton Vance Investment Hub
  • NAV / 1-Day Return 10.01  /  0.09 %
  • Total Assets 666.6 Mil
  • Adj. Expense Ratio
    0.710%
  • Expense Ratio 0.710%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Muni California Intermediate
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.76%
  • Effective Duration 5.02 years

USD | NAV as of Jun 07, 2023 | 1-Day Return as of Jun 07, 2023, 10:10 PM GMT+0

Morningstar’s Analysis EACAX

Will EACAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable EACAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the EACAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of EACAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in the People Pillar is n't sufficient for Eaton Vance CA Municipal Opportunities A to overcome weaker marks in areas such as their Parent rating, limiting this strategy to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings EACAX

More EACAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 264
  • Other Holdings 4
  • % Assets in Top 10 Holdings 19.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

METROPOLITAN WTR DIST SOUTHN CALIF WTRWRKS REV 5.05%

3.76
25,900,000
municipal

UNIVERSITY CALIF REVS 1.65%

2.26
15,600,000
municipal

UNIVERSITY CALIF REVS 5.05%

2.18
15,000,000
municipal

UNIV CALIF REGTS MED CTR POOLED REV 5%

1.79
12,349,725
municipal

CALIFORNIA ST 4%

1.74
11,963,910
municipal

SOUTHERN CALIF PUB PWR AUTH SOUTHN TRANSMISSION SYS RENEWAL PROJ REV 5%

1.70
11,727,600
municipal

CALIFORNIA ST 5%

1.65
11,392,300
municipal

LOS ANGELES CALIF DEPT ARPTS REV 5.5%

1.60
11,049,500
municipal

LOS ANGELES CALIF HBR DEPT REV 5%

1.47
10,109,000
municipal

SAN JUAN CALIF UNI SCH DIST 4%

1.45
9,970,500
municipal