EIMAX Fees and Costs — Eaton Vance Massachusetts Municipal Income Fund, Class I
Data updated: 2026-08-27
The net expense ratio is 0.62%: a 0.36% management fee plus 0.26% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 60%.
EIMAX Fees and Expenses
Annual operating expenses and sales charges of EIMAX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.36% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.26% |
| Gross expense ratio | 0.62% |
| Fee waiver | — |
| Net expense ratio | 0.62% |
| 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 |
EIMAX Costs Over Time
On $10,000 invested in EIMAX, assuming 5% a year before costs, total costs come to $391 over 5 years, cutting the return by 0.65% 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 0.62%) | $65 | $204 | $355 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $65 | $214 | $391 |
| Value after costs | $10,435 | $11,362 | $12,372 |
| Impact on return, per year | 0.65% | 0.65% | 0.65% |
EIMAX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $190.9M
- Portfolio turnover (prospectus): 60%
- Securities lending: none during the year
EIMAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| TD Securities (USA) LLC | $68.7M | 44.48% |
| Janney Montgomery Scott LLC | $12.8M | 8.27% |
| Samuel A. Ramirez & Company, Inc. | $11.0M | 7.10% |
| J.P. Morgan Securities LLC | $10.4M | 6.72% |
| Jefferies LLC | $10.3M | 6.66% |
| Wells Fargo Securities, LLC | $9.8M | 6.32% |
| RBC Capital Markets, LLC | $8.8M | 5.68% |
| Barclays Capital Inc. | $8.1M | 5.27% |
| BofA Securities, Inc. | $7.6M | 4.90% |
| Hilltop Securities Inc. | $7.1M | 4.61% |
Eaton Vance Massachusetts Municipal Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| EIMAX | Class I | 0.62% | none |
| ETMAX | Class A | 0.82% | 3.25% |
| ECMMX | Class C | 1.57% | 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.