EMOAX Performance — Eaton Vance Municipal Opportunities Fund, Class A
Data updated: 2026-09-24
EMOAX returned +0.87% year to date and +6.85% over one year to Jul 2026. Annualised returns are +3.98% over 3 years and +0.70% over 5 years. The fund beat its Intermediate Municipal Bond category average: $100 invested three years ago grew to $112, against $109 for the category, and to $107 over one year, against $105. Volatility over the past three years was 5.74% a year. In the 12 months to Jul 2026 the fund took in a net $47.7M, and assets reached $778.81M.
EMOAX Growth of $100
What $100 invested in Eaton Vance Municipal Opportunities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | EMOAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $107 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $112 | $109 |
| 5 years (Aug 2021 – Jul 2026) | $104 | $102 |
| Since data start (Aug 2019 – Jul 2026) | $113 | $109 |
EMOAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.87% |
| 1 year | +6.85% |
| 3 years (annualised) | +3.98% |
| 5 years (annualised) | +0.70% |
EMOAX Annual Returns
Calendar-year total returns of Eaton Vance Municipal Opportunities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +0.87% |
| 2025 | +4.68% |
| 2024 | +3.37% |
| 2023 | +6.02% |
| 2022 | −9.83% |
| 2021 | +2.60% |
| 2020 | +4.03% |
| 2019 (Aug–Dec) | +1.19% |
EMOAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.7% | +1.6% | −2.3% | +1.3% | +0.6% | +0.9% | −1.9% | — | — | — | — | — |
| 2025 | +0.4% | +1.1% | −1.8% | −0.4% | −0.5% | +0.7% | −0.6% | +0.9% | +2.8% | +1.5% | +0.4% | +0.2% |
| 2024 | +0.2% | +0.1% | +0.2% | −0.9% | +0.1% | +1.6% | +1.0% | +1.0% | +1.2% | −1.4% | +1.7% | −1.4% |
| 2023 | +2.8% | −2.0% | +1.8% | −0.2% | −0.6% | +0.8% | +0.2% | −1.3% | −2.6% | −1.4% | +6.2% | +2.3% |
| 2022 | −2.5% | −0.6% | −2.8% | −2.8% | +0.6% | −1.9% | +2.1% | −1.8% | −3.2% | −0.9% | +3.8% | 0.0% |
| 2021 | +1.5% | −1.2% | +0.3% | +0.8% | +0.6% | +0.5% | +0.8% | −0.4% | −0.9% | −0.4% | +0.9% | 0.0% |
| 2020 | +1.7% | +1.5% | −6.4% | −2.9% | +3.1% | +2.6% | +1.8% | 0.0% | −0.1% | −0.1% | +1.7% | +1.4% |
| 2019 | — | — | — | — | — | — | — | +1.2% | −0.6% | +0.1% | +0.2% | +0.3% |
EMOAX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 5.74%
- 3-year Sharpe ratio: -0.09 (vs 4.5% risk-free rate)
- Best month: +6.22% (Nov 2023)
- Worst month: −2.65% (Sep 2023)
EMOAX Fund Flows
Monthly money in and out of Eaton Vance Municipal Opportunities Fund, from SEC Form N-PORT.
- 12-month net flow: $47.7M
- 12-month gross sales (incl. reinvestments): $321.2M
- Sales ÷ redemptions: 1.17×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $26.5M | $10.8M | $15.7M |
| Jun 2026 | $27.8M | $16.5M | $11.2M |
| May 2026 | $25.5M | $12.5M | $13.1M |
| Apr 2026 | $31.2M | $17.9M | $13.2M |
| Mar 2026 | $22.3M | $21.8M | $534K |
| Feb 2026 | $25.0M | $93.3M | −$68.3M |
| Jan 2026 | $30.0M | $13.2M | $16.8M |
| Dec 2025 | $29.0M | $21.2M | $7.8M |
| Nov 2025 | $19.7M | $11.1M | $8.7M |
| Oct 2025 | $30.0M | $16.5M | $13.5M |
| Sep 2025 | $28.9M | $17.7M | $11.2M |
| Aug 2025 | $25.3M | $20.9M | $4.3M |
EMOAX Assets Under Management
Net assets of Eaton Vance Municipal Opportunities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $778.81M |
| 2026-04-30 | $748.81M |
| 2026-01-31 | $804.96M |
| 2025-10-31 | $767.93M |
| 2025-07-31 | $706.59M |
| 2025-04-30 | $689.89M |
| 2025-01-31 | $700.86M |
| 2024-10-31 | $693.34M |
| 2024-07-31 | $653.61M |
| 2024-04-30 | $616.50M |
| 2024-01-31 | $621.50M |
| 2023-10-31 | $571.04M |
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.