Eaton Vance High Yield Municipal Income Fund

Scorecard
3 / 5 Stars
Lipper
3 4 1 3 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
TheStreet.com
A- (Buy)

U.S. News evaluated 38 High Yield Muni Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 11.08 percent over the past year, 9.19 percent over the past three years, 5.28 percent over the past five years, and 4.97 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 2.7%
1 Year 11.1%
3 Years (Annualized) 9.2%
5 Years (Annualized) 5.3%
10 Years (Annualized) 5.0%

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Summary

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 debt 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

Fees are Above Average compared to funds in the same category.
Eaton Vance High Yield Municipal Income Fund has an expense ratio of 0.61 percent.

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Risk

Risk is Above Average compared to funds in the same category according to Morningstar.

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