EIMBX Fees and Costs — Eaton Vance Taxable Municipal Bond Fund, Class I
Data updated: 2023-04-27
The net expense ratio is 0.56%: a 0.45% management fee plus 1.22% other expenses, less a 1.12% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 185%.
EIMBX Fees and Expenses
Annual operating expenses and sales charges of EIMBX. Prospectus, as of November 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.22% |
| Gross expense ratio | 1.68% |
| Fee waiver | −1.12% |
| Net expense ratio | 0.56% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
EIMBX Costs Over Time
On $10,000 invested in EIMBX, assuming 5% a year before costs, total costs come to $353 over 5 years, cutting the return by 0.59% 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 0.56%) | $59 | $184 | $321 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $59 | $193 | $353 |
| Value after costs | $10,441 | $11,383 | $12,409 |
| Impact on return, per year | 0.59% | 0.59% | 0.59% |
EIMBX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $13.1M
- Portfolio turnover (prospectus): 185%
- Securities lending: none during the year
EIMBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $8.6M | 65.83% |
| J.P. Morgan Securities LLC | $1.2M | 8.90% |
| National Financial Services LLC | $1.0M | 7.70% |
| Jefferies LLC | $500K | 3.81% |
| Stifel, Nicolaus & Company, Incorporated | $494K | 3.76% |
| Hilltop Securities Inc. | $454K | 3.46% |
| RBC Capital Markets, LLC | $430K | 3.28% |
| Samuel A. Ramirez & Company, Inc. | $418K | 3.19% |
| BNY Mellon Capital Markets, LLC | $10K | 0.08% |
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.