3 / 5 Stars
5 5 2 4 5
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#16 in Muni Single State Long
U.S. News evaluated 80 Muni Single State Long 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 -1.45 percent over the past year, 5.82 percent over the past three years, 6.46 percent over the past five years, and 3.95 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||3.4%|
|3 Years (Annualized)||5.8%|
|5 Years (Annualized)||6.5%|
|10 Years (Annualized)||4.0%|
The investment seeks to provide current income exempt from regular federal income tax and Arizona state personal income tax. Under normal market circumstances, the fund invests at least 80% of its net assets in municipal obligations that are exempt from regular federal income tax and the state taxes specified in the fund's investment objective. At least 75% of net assets normally will be invested in municipal obligations rated at least investment grade at the time of investment. The fund normally acquires municipal obligations with maturities of ten years or more. It is non-diversified.
Fees are Below Average compared to funds in the same category.
Eaton Vance Arizona Municipal Income Fund has an expense ratio of 0.74 percent.
Risk is High compared to funds in the same category according to Morningstar.