EMAIX Fees and Costs — Eaton Vance Short Duration Municipal Opportunities Fund, Class I
Data updated: 2026-08-27
The net expense ratio is 0.51%: a 0.40% management fee plus 0.11% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 78%.
EMAIX Fees and Expenses
Annual operating expenses and sales charges of EMAIX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.51% |
| Fee waiver | — |
| Net expense ratio | 0.51% |
| 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 |
EMAIX Costs Over Time
On $10,000 invested in EMAIX, assuming 5% a year before costs, total costs come to $322 over 5 years, cutting the return by 0.54% 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 0.51%) | $54 | $168 | $293 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $54 | $176 | $322 |
| Value after costs | $10,446 | $11,400 | $12,441 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
EMAIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.4B
- Portfolio turnover (prospectus): 78%
- Securities lending: none during the year
EMAIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $160.0M | 16.59% |
| State Street Global Markets, LLC | $137.1M | 14.21% |
| TD Securities (USA) LLC | $125.8M | 13.04% |
| Barclays Capital Inc. | $124.4M | 12.89% |
| BNY Capital Markets, LLC | $121.9M | 12.63% |
| Stifel, Nicolaus & Company, Incorporated | $80.0M | 8.29% |
| BofA Securities, Inc. | $59.5M | 6.17% |
| Jefferies LLC | $53.1M | 5.51% |
| RBC Capital Markets, LLC | $51.6M | 5.34% |
| BMO Capital Markets Corp. | $51.4M | 5.33% |
Eaton Vance Short Duration 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 |
|---|---|---|---|
| EMAIX | Class I | 0.51% | none |
| EXMAX | Class A | 0.66% | 3.25% |
| EZMAX | Class C | 1.41% | 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.