2 / 5 Stars
3 3 1 2 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
2 / 5 Stars
U.S. News evaluated 41 High Yield Muni Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -2.87 percent over the past year, 7.87 percent over the past three years, 9.68 percent over the past five years, and 2.52 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||5.2%|
|3 Years (Annualized)||7.9%|
|5 Years (Annualized)||9.7%|
|10 Years (Annualized)||2.5%|
The investment seeks to provide high current income exempt from regular federal income tax. The fund normally invests at least 80% of its net assets in municipal obligations (including notes and tax-exempt commercial paper) issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies or instrumentalities, the interest on which is exempt from regular federal income tax (the "80% Policy"). It will primarily invest in "high yield" municipal obligations under normal market conditions.
Fees are High compared to funds in the same category.
Eaton Vance High Yield Municipal Income Fund has an expense ratio of 1.61 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.