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Morningstar

Eaton Vance NJ Municipal Income C ECNJX

Morningstar Medalist Rating
Medalist Rating as of | See Eaton Vance Investment Hub
  • NAV / 1-Day Return 8.89  /  −0.11 %
  • Total Assets 152.3 Mil
  • Adj. Expense Ratio
    1.470%
  • Expense Ratio 1.470%
  • Distribution Fee Level Below Average
  • Share Class Type Level Load
  • Category Muni New Jersey
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.18%
  • Effective Duration 5.18 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 11:33 PM GMT+0

Morningstar’s Analysis ECNJX

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

  • People Pillar

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

Eaton Vance NJ Municipal Income C boasts strong People and Process Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Negative.

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 most expensive quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings ECNJX

More ECNJX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW JERSEY ECONOMIC DEV AUTH MTR VEH SURCHARGES REV 0%

3.83 6.0 Mil
municipal

GARDEN ST N J PRESERVATION TR OPEN SPACE & FARMLAND PRESERVATION 0%

3.76 5.9 Mil
municipal

NEW JERSEY ST TRANSN TR FD AUTH 5.754%

2.75 4.3 Mil
municipal

MONTCLAIR TWP N J BRD ED 4%

2.74 4.3 Mil
municipal

NEW JERSEY ST EDL FACS AUTH REV 3.6%

2.37 3.7 Mil
municipal

NEW JERSEY HEALTH CARE FACS FING AUTH 3.6%

2.31 3.6 Mil
municipal

NEW JERSEY ST TRANSN TR FD AUTH 5%

2.20 3.4 Mil
municipal

GLOUCESTER CNTY N J IMPT AUTH REV 5%

2.06 3.2 Mil
municipal

PORT AUTH N Y & N J 5%

2.01 3.1 Mil
municipal

NEW JERSEY ECONOMIC DEV AUTH WTR FACS REV 5%

1.99 3.1 Mil
municipal