Overview

 

Seeking to add value through sector selection1

Municipal returns can come from a number of different areas. Our team-managed approach seeks to maximize total return through credit research, trading and technical analysis, such as sector selection.

Average Annual Returns (%) as of Mar 31, 2013

1 Month 3 Months YTD 1 Year 3 Years 5 Years Life of Fund
4/30/2013
Fund at NAV 1.60 1.07 1.78 7.12 — — 10.04
Fund w/Max Sales Charge -3.21 -3.76 -3.03 2.00 — — 7.28
Return After Taxes on Dist w/Max Sales Charge — — — 1.18 — — 6.72
Return After Taxes on Dist & Sales of Fund Shares w/Max Sales Charge — — — 2.20 — — 5.90
Barclays Capital Municipal Bond Index2 1.10 0.96 1.39 5.19 6.18 6.08 7.64
3/31/2013
Fund at NAV -0.93 0.18 0.18 7.42 — — 9.56
Fund w/Max Sales Charge -5.65 -4.56 -4.56 2.29 — — 6.69
Return After Taxes on Dist w/Max Sales Charge — — — 1.47 — — 6.11
Return After Taxes on Dist & Sales of Fund Shares w/Max Sales Charge — — — 2.41 — — 5.45
Barclays Capital Municipal Bond Index2 -0.43 0.29 0.29 5.25 6.22 6.10 7.36
Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund's current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than one year is cumulative. After-tax returns are calculated using certain assumptions, including using the highest historical individual federal income tax rates and do not reflect the impact of state/local taxes. Actual after-tax returns depend on a shareholder's tax situation and the actual characterization of distributions and may differ from those shown. After-tax returns are not relevant to shareholders who hold shares in tax-deferred accounts or shares held by nontaxable entities. Return After Taxes on Distributions may be the same as Return Before Taxes for the same period because no taxable distributions were made during that period. Return After Taxes on Distributions and Sale of Fund Shares may be greater than or equal to Return After Taxes on Distributions for the same period because of losses realized on the sale of Fund shares. Before-tax and after-tax returns for other classes of shares offered by the Fund are different. Max Sales Charge: 4.75%.

Fund Facts as of Apr 30, 2013

Class A Inception 05/31/2011
Investment Objective Maximize after-tax total return
Total Net Assets of Fund $35.8M
Minimum Investment $1000
Expense Ratio (Gross)3 1.64%
Expense Ratio (Net)3,4 1.10%
CUSIP 27826Y571

Top 10 Holdings (%)5,6 as of Mar 31, 2013

New York St UDC PIT
Baldwin Cnty AL BOE Warrant Sales Tax
Montgomery Cnty PA GO BAB (AL 12/2/35)
NYS Environ Facs Corp SRF Sub Lien
New York State GO
Cornell University, Nysda
Lexington Cnty SC Hlth
University VA Univ Revs
Virginia St GO
District of Columbia AAMC
Total 18.74


Portfolio Management

Cynthia J. Clemson Managed Fund since inception
Thomas M. Metzold, CFA Managed Fund since inception
William H. Ahern, Jr., CFA Managed Fund since inception
Craig R. Brandon, CFA Managed Fund since inception
Adam Weigold, CFA Managed Fund since inception

 

The information included herein does not reflect securities deemed to be held by the Fund pursuant to financial accounting standard 140 (FAS 140).

 

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk 

An imbalance in supply and demand in the municipal market may result in valuation uncertainties and greater volatility, less liquidity, widening credit spreads and a lack of price transparency in the market. There generally is limited public information about municipal issuers. As interest rates rise, the value of certain income investments is likely to decline. Longer-term bonds typically are more sensitive to interest-rate changes than shorter-term bonds. Investments in income securities may be affected by changes in the creditworthiness of the issuer and are subject to the risk of non–payment of principal and interest. The value of income securities also may decline because of real or perceived concerns about the issuer's ability to make principal and interest payments. Because the Fund investments may be concentrated in a particular sector, the Fund share value may fluctuate more than that of a less concentrated fund. Investments rated below investment grade (typically referred to as "junk") are generally subject to greater price volatility and illiquidity than higher rated investments. Derivatives instruments can be used to take both long and short positions, be highly volatile, result in economic leverage (which can magnify losses), and involve risks in addition to the risks of the underlying instrument on which the derivative is based, such as counterparty, correlation and liquidity risk. If a counterparty is unable to honor its commitments, the value of Fund shares may decline and/or the Fund could experience delays in the return of collateral or other assets held by the counterparty. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


1. Source: Barclays Capital. It is not possible to invest directly in an index. Historical performance of the index illustrates market trends and does not represent the past or future performance of the Fund.
2. Barclays Capital Municipal Bond Index is an unmanaged index of municipal bonds traded in the U.S. Unless otherwise stated, index returns do not reflect the effect of any applicable sales charges, commissions, expenses, taxes or leverage, as applicable. It is not possible to invest directly in an index. Historical performance of the index illustrates market trends and does not represent the past or future performance of the fund.
3. Source: Fund prospectus.
4. Net expense ratio reflects a contractual expense reimbursement (exclusive of interest expense) that continues through 11/30/13. Without the reimbursement, performance would have been lower.
5. Percent of total net assets.
6. Represents the largest holdings by CUSIP.

Performance

Average Annual Returns (%) as of Mar 31, 2013

1 Month 3 Months YTD 1 Year 3 Years 5 Years Life of Fund
4/30/2013
Fund at NAV 1.60 1.07 1.78 7.12 — — 10.04
Fund w/Max Sales Charge -3.21 -3.76 -3.03 2.00 — — 7.28
Return After Taxes on Dist w/Max Sales Charge — — — 1.18 — — 6.72
Return After Taxes on Dist & Sales of Fund Shares w/Max Sales Charge — — — 2.20 — — 5.90
Barclays Capital Municipal Bond Index2 1.10 0.96 1.39 5.19 6.18 6.08 7.64
3/31/2013
Fund at NAV -0.93 0.18 0.18 7.42 — — 9.56
Fund w/Max Sales Charge -5.65 -4.56 -4.56 2.29 — — 6.69
Return After Taxes on Dist w/Max Sales Charge — — — 1.47 — — 6.11
Return After Taxes on Dist & Sales of Fund Shares w/Max Sales Charge — — — 2.41 — — 5.45
Barclays Capital Municipal Bond Index2 -0.43 0.29 0.29 5.25 6.22 6.10 7.36
Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund's current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than one year is cumulative. After-tax returns are calculated using certain assumptions, including using the highest historical individual federal income tax rates and do not reflect the impact of state/local taxes. Actual after-tax returns depend on a shareholder's tax situation and the actual characterization of distributions and may differ from those shown. After-tax returns are not relevant to shareholders who hold shares in tax-deferred accounts or shares held by nontaxable entities. Return After Taxes on Distributions may be the same as Return Before Taxes for the same period because no taxable distributions were made during that period. Return After Taxes on Distributions and Sale of Fund Shares may be greater than or equal to Return After Taxes on Distributions for the same period because of losses realized on the sale of Fund shares. Before-tax and after-tax returns for other classes of shares offered by the Fund are different. Max Sales Charge: 4.75%.

Calendar Year Returns (%)

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Fund at NAV — — — — — — — — — 9.17
Barclays Capital Municipal Bond Index2 5.31 4.48 3.51 4.84 3.36 -2.47 12.91 2.38 10.70 6.78

Fund Facts

Expense Ratio (Gross)3 1.64%
Expense Ratio (Net)3,4 1.10%
Class A Inception 05/31/2011
Distribution Frequency Monthly

Yield Information7 as of Apr 30, 2013

Distribution Rate at NAV 1.84%
Subsidized SEC 30 Day Yield 1.31%
Unsubsidized SEC 30 Day Yield 1.19%


NAV History

Date NAV NAV Change
May 17, 2013 $11.14 $-0.01
May 16, 2013 $11.15 $0.02
May 15, 2013 $11.13 $0.00
May 14, 2013 $11.13 $-0.02
May 13, 2013 $11.15 $0.00
May 10, 2013 $11.15 $-0.04
May 09, 2013 $11.19 $0.01
May 08, 2013 $11.18 $0.00
May 07, 2013 $11.18 $-0.02
May 06, 2013 $11.20 $-0.03

Distribution History8

Ex-Date Distribution Reinvest NAV
Apr 30, 2013 $0.01701 $11.22
Mar 28, 2013 $0.01628 $11.06
Feb 28, 2013 $0.01608 $11.18
Jan 31, 2013 $0.01747 $11.15
Dec 31, 2012 $0.01885 $11.09
Nov 30, 2012 $0.01935 $11.61
Oct 31, 2012 $0.01979 $11.32
Sep 28, 2012 $0.02039 $11.30
Aug 31, 2012 $0.02115 $11.22
Jul 31, 2012 $0.02122 $11.24
View All
Fund prospectus
No records in this table indicates that there has not been a distribution greater than .0001 within the past 3 years.
Fund prospectus

Capital Gain History8

Ex-Date Short-Term Long-Term Reinvest NAV
Dec 13, 2012 $0.25030 $0.01020 $11.21
Dec 21, 2011 $0.05540 $10.56
Fund prospectus
No records in this table indicates that there has not been a capital gain greater than .0001 within the past 3 years.
Fund prospectus

 

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk 

An imbalance in supply and demand in the municipal market may result in valuation uncertainties and greater volatility, less liquidity, widening credit spreads and a lack of price transparency in the market. There generally is limited public information about municipal issuers. As interest rates rise, the value of certain income investments is likely to decline. Longer-term bonds typically are more sensitive to interest-rate changes than shorter-term bonds. Investments in income securities may be affected by changes in the creditworthiness of the issuer and are subject to the risk of non–payment of principal and interest. The value of income securities also may decline because of real or perceived concerns about the issuer's ability to make principal and interest payments. Because the Fund investments may be concentrated in a particular sector, the Fund share value may fluctuate more than that of a less concentrated fund. Investments rated below investment grade (typically referred to as "junk") are generally subject to greater price volatility and illiquidity than higher rated investments. Derivatives instruments can be used to take both long and short positions, be highly volatile, result in economic leverage (which can magnify losses), and involve risks in addition to the risks of the underlying instrument on which the derivative is based, such as counterparty, correlation and liquidity risk. If a counterparty is unable to honor its commitments, the value of Fund shares may decline and/or the Fund could experience delays in the return of collateral or other assets held by the counterparty. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


2. Barclays Capital Municipal Bond Index is an unmanaged index of municipal bonds traded in the U.S. Unless otherwise stated, index returns do not reflect the effect of any applicable sales charges, commissions, expenses, taxes or leverage, as applicable. It is not possible to invest directly in an index. Historical performance of the index illustrates market trends and does not represent the past or future performance of the fund.
3. Source: Fund prospectus.
4. Net expense ratio reflects a contractual expense reimbursement (exclusive of interest expense) that continues through 11/30/13. Without the reimbursement, performance would have been lower.
7. SEC Yield is a standardized measure based on the estimated yield to maturity of a fund's investments over a 30-day period and is based on the maximum offer price at the date specified. The SEC Yield is not based on the distributions made by the fund, which may differ. Subsidized yield reflects the effect of fee waivers and expense reimbursements. Distribution Rate at NAV is calculated by dividing the last distribution paid per share (annualized) by NAV. The Fund's monthly distribution may be comprised of ordinary income, net realized capital gains and returns of capital.
8. The Fund's distributions may be comprised of tax-exempt income, ordinary income, net realized capital gains and return of capital. The Fund will determine the tax characteristics of all Fund distributions after the end of the calendar year and will provide shareholders such information at that time. Please consult your tax advisor for further information.

Portfolio

Asset Mix (%)5 as of Mar 31, 2013

State & Muni Bonds 89.22
Cash & Equivalents 10.78
Total 100.00

Portfolio Statistics as of Mar 31, 2013

Number of Holdings 109
Average Yield to Maturity 2.86%
Average Coupon 4.50%
Average Maturity 16.04 yrs.
Average Effective Maturity 9.14 yrs.
Average Duration 6.80 yrs.
Average Call 8.88 yrs.
Average Price $110.90
Total Insured (% of bond holdings) 3.06%
Subject to AMT (% of bond holdings): 11.30%


Sector Breakdown (%)5,9 as of Mar 31, 2013

State GO 14.81
Local GO 13.61
HealthCare:Acute 10.84
Airport 8.55
Education 8.48
Special Tax 7.34
Other Revenue 6.00
Toll Road 5.19
Water & Sewer 4.87
Public Power 3.19

Credit Quality (%)10 as of Mar 31, 2013

AAA 22.24
AA 51.10
A 20.88
BBB 3.33
BB 2.45
B 0.00
CCC 0.00
Not Rated 0.00
Total 100.00
Ratings are based on Moody’s, S&P or Fitch, as applicable. Ratings, which are subject to change, apply to the creditworthiness of the issuers of the underlying securities and not to the Fund or its shares. Credit ratings measure the quality of a bond based on the issuer’s creditworthiness, with ratings ranging from AAA, being the highest, to D, being the lowest based on S&P’s measures. Ratings of BBB or higher by Standard and Poor's or Fitch (Baa or higher by Moody's) are considered to be investment grade quality. Credit ratings are based largely on the rating agency's analysis at the time of rating. The rating assigned to any particular security is not necessarily a reflection of the issuer's current financial condition and does not necessarily reflect its assessment of the volatility of a security's market value or of the liquidity of an investment in the security. If securities are rated differently by the rating agencies, the higher rating is applied. Holdings designated as “Not Rated” are not rated by the national rating agencies stated above.


Maturity Distribution (%)10 as of Mar 31, 2013

Less Than 1 Year 0.00
1 To 3 Years 0.00
3 To 5 Years 0.04
5 To 10 Years 17.05
10 To 20 Years 63.75
20 To 30 Years 17.15
More Than 30 Years 2.00
Total 99.99

Portfolio Composition - Muni Bonds10 as of Mar 31, 2013

GENERAL OBLIGATION BONDS 29.49
LEASE RENTAL BONDS/ MUNICIPAL LEASES 0.80
REVENUE BONDS 60.67
Education 10.60
Hospitals/Nursing Homes/ Healthcare 11.40
Housing 0.00
Industrial Dev./Pollution Control/Resource Recovery 2.09
Public Facilities 0.00
Special Tax 8.75
Transportation 15.40
Utility 8.06
Other 4.37
INSURED BONDS 3.04
ESCROWED BONDS 0.00
OTHER 6.00
Total 100.00


Fund Holdings5,11 as of Mar 31, 2013

Holding Coupon Rate Maturity Date % of Net Assets
US DOLLARS 8.74%
New York State Urban Development Corp 5.00% 03/15/2024 1.82%
Baldwin County Board of Education/AL 5.00% 06/01/2022 1.79%
County of Montgomery PA 6.03% 09/01/2039 1.73%
New York State Environmental Facilities Corp 5.00% 06/15/2031 1.72%
State of New York 4.00% 03/01/2023 1.72%
New York State Dormitory Authority 5.00% 07/01/2032 1.70%
Lexington County Health Services District Inc 5.00% 11/01/2032 1.70%
Commonwealth of Virginia 4.00% 06/01/2026 1.70%
University of Virginia 4.00% 06/01/2027 1.69%
View All

 

The information included herein does not reflect securities deemed to be held by the Fund pursuant to financial accounting standard 140 (FAS 140).

 

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk 

An imbalance in supply and demand in the municipal market may result in valuation uncertainties and greater volatility, less liquidity, widening credit spreads and a lack of price transparency in the market. There generally is limited public information about municipal issuers. As interest rates rise, the value of certain income investments is likely to decline. Longer-term bonds typically are more sensitive to interest-rate changes than shorter-term bonds. Investments in income securities may be affected by changes in the creditworthiness of the issuer and are subject to the risk of non–payment of principal and interest. The value of income securities also may decline because of real or perceived concerns about the issuer's ability to make principal and interest payments. Because the Fund investments may be concentrated in a particular sector, the Fund share value may fluctuate more than that of a less concentrated fund. Investments rated below investment grade (typically referred to as "junk") are generally subject to greater price volatility and illiquidity than higher rated investments. Derivatives instruments can be used to take both long and short positions, be highly volatile, result in economic leverage (which can magnify losses), and involve risks in addition to the risks of the underlying instrument on which the derivative is based, such as counterparty, correlation and liquidity risk. If a counterparty is unable to honor its commitments, the value of Fund shares may decline and/or the Fund could experience delays in the return of collateral or other assets held by the counterparty. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


5. Percent of total net assets.
9. Private insurance does not reduce the risk of principal fluctuations associated with this investment.
10. Percent of bond holdings.
11. The following list reflects unaudited securities holdings (excluding derivatives positions). Holdings information may differ if presented as of trade date. Due to rounding, holdings of less than 0.005% may show as 0.00%. Portfolio information subject to change due to active management.

Insights & Analysis

Quarterly Commentary

 

No commentary information is available.

 

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

 

The information included herein does not reflect securities deemed to be held by the Fund pursuant to financial accounting standard 140 (FAS 140).

About Risk 

An imbalance in supply and demand in the municipal market may result in valuation uncertainties and greater volatility, less liquidity, widening credit spreads and a lack of price transparency in the market. There generally is limited public information about municipal issuers. As interest rates rise, the value of certain income investments is likely to decline. Longer-term bonds typically are more sensitive to interest-rate changes than shorter-term bonds. Investments in income securities may be affected by changes in the creditworthiness of the issuer and are subject to the risk of non–payment of principal and interest. The value of income securities also may decline because of real or perceived concerns about the issuer's ability to make principal and interest payments. Because the Fund investments may be concentrated in a particular sector, the Fund share value may fluctuate more than that of a less concentrated fund. Investments rated below investment grade (typically referred to as "junk") are generally subject to greater price volatility and illiquidity than higher rated investments. Derivatives instruments can be used to take both long and short positions, be highly volatile, result in economic leverage (which can magnify losses), and involve risks in addition to the risks of the underlying instrument on which the derivative is based, such as counterparty, correlation and liquidity risk. If a counterparty is unable to honor its commitments, the value of Fund shares may decline and/or the Fund could experience delays in the return of collateral or other assets held by the counterparty. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Attribution

 

No attribution information is available.

 

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk 

An imbalance in supply and demand in the municipal market may result in valuation uncertainties and greater volatility, less liquidity, widening credit spreads and a lack of price transparency in the market. There generally is limited public information about municipal issuers. As interest rates rise, the value of certain income investments is likely to decline. Longer-term bonds typically are more sensitive to interest-rate changes than shorter-term bonds. Investments in income securities may be affected by changes in the creditworthiness of the issuer and are subject to the risk of non–payment of principal and interest. The value of income securities also may decline because of real or perceived concerns about the issuer's ability to make principal and interest payments. Because the Fund investments may be concentrated in a particular sector, the Fund share value may fluctuate more than that of a less concentrated fund. Investments rated below investment grade (typically referred to as "junk") are generally subject to greater price volatility and illiquidity than higher rated investments. Derivatives instruments can be used to take both long and short positions, be highly volatile, result in economic leverage (which can magnify losses), and involve risks in addition to the risks of the underlying instrument on which the derivative is based, such as counterparty, correlation and liquidity risk. If a counterparty is unable to honor its commitments, the value of Fund shares may decline and/or the Fund could experience delays in the return of collateral or other assets held by the counterparty. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Management

Biography
Cynthia J. Clemson

Cynthia J. Clemson

Vice President, Co-Director of Municipal Investments, Eaton Vance Management
Joined Eaton Vance 1985

Cindy Clemson is a vice president of Eaton Vance Management,co-director of Municipal Investments and portfolio manager on Eaton Vance's municipal bond team.

Cindy has been in the investment management industry since 1985, when she joined Eaton Vance as a client service representative. She became a research assistant in the fixed-income department in 1987. In 1988, she became an investment analyst responsible for lower- and nonrated municipal issues and, in 1991, was named a portfolio manager.

Cindy earned a B.A. in 1985 from Mount Holyoke College and an M.B.A., cum laude, from Boston University in 1990. She is a member of the Boston Municipal Analysts Forum, the Boston Security Analysts Society, the Fixed Income Management Society, the Municipal Bond Buyer Conference and the National Federation of Municipal Analysts.

Education
  • B.A. Mount Holyoke College
  • M.B.A. Graduate School of Management, Boston University
Experience
  • Managed Fund since inception
 
Biography
Thomas M. Metzold, CFA

Thomas M. Metzold, CFA

Vice President, Co-Director of Municipal Investments, Eaton Vance Management
Joined Eaton Vance 1987

Tom Metzold is a vice president of Eaton Vance Management,co-director of Municipal Investments and portfolio manager on Eaton Vance's municipal bond team.

Tom has been in the investment management industry since 1986. He joined Eaton Vance in 1987 as a high yield municipal bond analyst covering the health care and hospital sectors, and became a portfolio manager in 1991. He was formerly a financial analyst at General Electric Company from 1981 to 1986.

Tom earned a B.S. in finance from Siena College in 1980 and an M.B.A. with a concentration in finance from the State University of New York at Albany in 1987. He is a CFA charterholder and is a member of the Boston Security Analysts Society, the CFA Institute, the Boston Municipal Analysts Forum and the National Federation of Municipal Analysts.

Tom's commentary has appeared in Barron's, Bloomberg, The Bond Buyer, The Boston Globe, The New York Times, Reuters Financial Report, and The Wall Street Journal, among other publications.

Education
  • B.S. Siena College
  • M.B.A. State University of New York at Albany
Experience
  • Managed Fund since inception
 
Biography
William H. Ahern, Jr., CFA

William H. Ahern, Jr., CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 1989

Bill Ahern is a vice president of Eaton Vance Management and portfolio manager on Eaton Vance's municipal bond team.

Bill has been in the investment management industry since 1988. He joined Eaton Vance in 1989 as an analyst in the fixed-income department and was named a portfolio manager in 1993. He was previously associated with Investors Bank & Trust from 1988 to 1989.

Bill earned a B.A. in economics from Boston College in 1981, an M.B.A. from Babson College in 1987 and an M.S. with a concentration in finance from Boston College in 1997. Bill is a CFA charterholder and is a member of the CFA Institute, the Market Technicians Association, the Boston Security Analysts Society, and the Boston Municipal Analysts Forum.

His commentary has appeared in Bloomberg,, The Bond Buyer, The Hartford Courant and Reuters Financial Report, among other publications.

Education
  • B.A. and M.S. Boston College
  • M.B.A. F.W. Olin Graduate School of Business, Babson College
Experience
  • Managed Fund since inception
 
Biography
Craig R. Brandon, CFA

Craig R. Brandon, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 1998

Craig Brandon is a vice president of Eaton Vance Management and portfolio manager on Eaton Vance's municipal bond team.

Craig joined Eaton Vance in 1998 as a research analyst covering both high-yield and high–grade bonds. He was responsible for state and local government obligation, hospital, industrial development and tobacco-backed sectors. Prior to joining Eaton Vance, he was a senior budget and capital finance analyst with the New York State Assembly Ways and Means Committee responsible for negotiating that state's debt service budget and its various capital financing programs.

Craig earned a B.S. in finance in 1989 from Canisius College and an M.B.A. from the University of Pittsburgh in 1991. He is a CFA charterholder and is a member of the Boston Security Analysts Society, the CFA Institute, the Boston Municipal Analysts Forum and the National Federation of Municipal Analysts.

Education
  • B.A. Canisius College
  • M.B.A. Joseph M. Katz Graduate School of Business, University of Pittsburgh
Experience
  • Managed Fund since inception
 
Biography
Adam Weigold, CFA

Adam Weigold, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 1998

Adam Weigold is a vice president of Eaton Vance Management and senior portfolio manager on Eaton Vance's municipal bond team.

Adam joined Eaton Vance in 1998. He became a credit analyst in July 1999 and was named a portfolio manager in October 2007.

Adam earned a B.A. in history from Dartmouth College in 1998 and an M.B.A. from Boston University. He is a CFA charterholder (2003) and is a member of the Boston Security Analysts Society, the CFA Institute and the National Federation of Municipal Analysts.

Education
  • B.A. Dartmouth College
  • M.B.A. Boston University
Experience
  • Managed Fund since inception
 

Fund Literature

Fund Literature

Discover Opportunities in the Income Markets with Eaton Vance.pdf

Income Markets Review.pdf

Income Markets Snapshot.pdf

Holdings-1st or 3rd fiscal quarters-www.sec.gov

Fact Sheet

Think Performance Think Eaton Vance.pdf

Summary Prospectus

Full Prospectus

XBRL

Annual Report

Semiannual Report

SAI

Research Brief: Municipal Bond Research: Putting Together the Mosaic


 

Symbol:  

NAV as of  
  0.00%

Consider for:
Portfolio Diversification
All Weather
Hedging Rising Rates
Tax Efficiency
Inflation Protection
Investment Income