EICAX Fees and Costs — Eaton Vance California Municipal Opportunities Fund, Class I
Data updated: 2026-08-27
The net expense ratio is 0.52%: a 0.41% management fee plus 0.11% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $909 in broker commissions, 0.0001% of average net assets, and portfolio turnover was 171%.
EICAX Fees and Expenses
Annual operating expenses and sales charges of EICAX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.41% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.52% |
| Fee waiver | — |
| Net expense ratio | 0.52% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
EICAX Costs Over Time
On $10,000 invested in EICAX, assuming 5% a year before costs, total costs come to $328 over 5 years, cutting the return by 0.55% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.52%) | $55 | $171 | $298 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $55 | $180 | $328 |
| Value after costs | $10,445 | $11,397 | $12,434 |
| Impact on return, per year | 0.55% | 0.55% | 0.55% |
EICAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0001%
- Total broker commissions: $909
- Bought from dealers (principal trades, not a cost): $3.5B
- Portfolio turnover (prospectus): 171%
- Securities lending: none during the year
EICAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $909 | 100.00% |
EICAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $619.5M | 22.89% |
| RBC Capital Markets, LLC | $375.5M | 13.88% |
| Barclays Capital Inc. | $293.7M | 10.85% |
| Stifel, Nicolaus & Company, Incorporated | $283.8M | 10.49% |
| Jefferies LLC | $245.8M | 9.08% |
| Piper Sandler Ltd. | $210.3M | 7.77% |
| BNY Capital Markets, LLC | $201.5M | 7.45% |
| Wells Fargo Securities, LLC | $176.4M | 6.52% |
| TD Securities (USA) LLC | $152.2M | 5.63% |
| BofA Securities, Inc. | $147.4M | 5.45% |
Eaton Vance California Municipal Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| EICAX | Class I | 0.52% | none |
| EACAX | Class A | 0.77% | 3.25% |
| ECCAX | Class C | 1.52% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.