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Morningstar

Eaton Vance CA Municipal Opportunities C ECCAX

Morningstar Medalist Rating
Medalist Rating as of | See Eaton Vance Investment Hub
  • NAV / 1-Day Return 9.37  /  +0.02 %
  • Total Assets 845.6 Mil
  • Adj. Expense Ratio
    1.500%
  • Expense Ratio 1.500%
  • Distribution Fee Level Average
  • Share Class Type Level Load
  • Category Muni California Intermediate
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.59%
  • Effective Duration 5.22 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0

Morningstar’s Analysis ECCAX

Will ECCAX 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 ECCAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ECCAX 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 ECCAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Eaton Vance CA Municipal Opportunities C boasts strong People and Process Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at 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 highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings ECCAX

More ECCAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

METROPOLITAN WTR DIST SOUTHN CALIF WTRWRKS REV 5.35%

3.85 33.7 Mil
municipal

UNIVERSITY CALIF REVS 5.35%

3.15 27.5 Mil
municipal

LOS ANGELES CALIF HBR DEPT REV 5%

2.05 17.9 Mil
municipal

SAN FRANCISCO CALIF CITY & CNTY PUB UTILS COMMN WTR REV 4%

1.80 15.7 Mil
municipal

LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV 5%

1.52 13.3 Mil
municipal

LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV 5%

1.44 12.5 Mil
municipal

UNIV CALIF REGTS MED CTR POOLED REV 5%

1.38 12.1 Mil
municipal

CALIFORNIA ST 4%

1.35 11.8 Mil
municipal

PALO ALTO CALIF UNI SCH DIST 0%

1.33 11.6 Mil
municipal

CALIFORNIA MUN FIN AUTH SOLID WASTE DISP REV 2%

1.26 11.0 Mil
municipal