| Scorecard |
|---|
|
3 / 5 Stars
|
|
Lipper
4
4
1
4
5
|
|
Zacks Investment Research
1
(Strong Buy)
|
|
Standard & Poor's
3 / 5 Stars
|
|
TheStreet.com
C+
(Hold)
|
#5 in Muni Massachusetts
U.S. News evaluated 18 Muni Massachusetts Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 6.91 percent over the past year, 7.34 percent over the past three years, 5.67 percent over the past five years, and 4.31 percent over the past decade.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 1.3% |
| 1 Year | 6.9% |
| 3 Years (Annualized) | 7.3% |
| 5 Years (Annualized) | 5.7% |
| 10 Years (Annualized) | 4.3% |
Summary
The investment seeks current income exempt from regular federal income tax and Massachusetts state personal income taxes. The fund normally invests at least 80% of net assets in municipal obligations that are exempt from regular federal income tax and the state taxes. It normally invests at least 65% of its total assets in obligations issued by its state or its political subdivisions, agencies, authorities and instrumentalities. The fund is non-diversified.
Fees
Fees are Below Average compared to funds in the same category.
Eaton Vance Massachusetts Municipal Income Fund has an expense ratio of 0.74 percent.
Risk
Risk is High compared to funds in the same category according to Morningstar.
