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Morningstar

Eaton Vance Short Duration Muni Opps A EXMAX

Morningstar Medalist Rating
Medalist Rating as of | See Eaton Vance Investment Hub
  • NAV / 1-Day Return 9.62  /  0.22 %
  • Total Assets 868.1 Mil
  • Adj. Expense Ratio
    0.650%
  • Expense Ratio 0.640%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.11%
  • Effective Duration 2.47 years

USD | NAV as of May 30, 2023 | 1-Day Return as of May 30, 2023, 10:25 PM GMT+0

Morningstar’s Analysis EXMAX

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

People Pillar

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

Strength in the People Pillar isn't sufficient for Eaton Vance Short Duration Muni Opps A to overcome weaker marks in areas such as their Parent rating, limiting this strategy to a Morningstar Medalist Rating of Neutral. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings EXMAX

More EXMAX Holdings
  • Current Portfolio Date Mar 31, 2023
  • Equity Holdings 0
  • Bond Holdings 483
  • Other Holdings 12
  • % Assets in Top 10 Holdings 14.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BLACK BELT ENERGY GAS DIST ALA GAS PREPAY REV 4.024%

2.28
19,975,600
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 3.954%

1.83
16,033,440
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PREPAY REV 4.34%

1.65
14,499,450
municipal

SAN MATEO FOSTER CITY CALIF PUB FING AUTH WASTEWATER REV 5%

1.31
11,521,483
municipal

DENVER COLO CITY & CNTY ARPT REV 5%

1.27
11,114,588
municipal

GREAT LAKES WTR AUTH MICH SEW DISP SYS REV 5%

1.22
10,670,200
municipal

CHANDLER ARIZ INDL DEV AUTH INDL DEV REV 5%

1.20
10,483,300
municipal

PHILADELPHIA PA ARPT REV 5%

1.18
10,347,100
municipal

PUERTO RICO COMWLTH 5.625%

1.18
10,343,400
municipal

GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 1.337%

1.16
10,211,192
Cash and Equivalents