ETMAX — Eaton Vance Massachusetts Municipal Income Fund
Data updated: 2026-08-27
ETMAX — Eaton Vance Massachusetts Municipal Income Fund. Long Municipal - National Bond · $146.91M AUM. Holdings, fees, performance and SEC filings.
ETMAX Fund Overview
ETMAX — Eaton Vance Massachusetts Municipal Income Fund is a US mutual fund managed by Eaton Vance Municipals Trust, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Eaton Vance Municipals Trust
- Category: Long Municipal - National Bond
- Assets under management: $146.91M
- 1-year return: 6.9%
- Ticker: ETMAX
- SEC CIK: 0000778365
- SEC series ID: S000004841
- Share class ID: C000013108
ETMAX Holdings
Top 10 holdings of Eaton Vance Massachusetts Municipal Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Massachusetts Development Finance Agency | 4.20% |
| Massachusetts Health & Educational Facilities Authority | 3.96% |
| Commonwealth of Massachusetts | 3.68% |
| Massachusetts Port Authority | 2.83% |
| Massachusetts Clean Water Trust/The | 2.49% |
| Commonwealth of Massachusetts Transportation Fund Revenue | 2.19% |
| Commonwealth of Massachusetts | 2.14% |
| Massachusetts Health & Educational Facilities Authority | 2.13% |
| City of Brockton MA | 2.05% |
| Massachusetts Water Resources Authority | 2.04% |
ETMAX Portfolio Allocation
Asset-class allocation of Eaton Vance Massachusetts Municipal Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 101.5% |
| Cash & Equivalents | 0.6% |
ETMAX Performance
Total returns for ETMAX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.4% |
| 1 year | 6.9% |
| 3 years (annualised) | 2.9% |
| 5 years (annualised) | 0.2% |
ETMAX Risk Information
Risk metrics for ETMAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.9%
ETMAX Costs and Fees
ETMAX costs about $82 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.82%
- Gross expense ratio: 0.82%
- Portfolio turnover: 60%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
ETMAX Cashflows
Over the 12 months to 2026-06, Eaton Vance Massachusetts Municipal Income Fund had net inflows of $11.14M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $5.61M |
| 2026-05 | $2.68M |
| 2026-04 | $431.17K |
| 2026-03 | $265.52K |
| 2026-02 | $1.61M |
| 2026-01 | −$581.32K |
ETMAX Debt Constituents
Largest debt holdings of Eaton Vance Massachusetts Municipal Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Massachusetts Development Finance Agency | 4.20% |
| Massachusetts Health & Educational Facilities Authority | 3.96% |
| Commonwealth of Massachusetts | 3.68% |
| Massachusetts Port Authority | 2.83% |
| Massachusetts Clean Water Trust/The | 2.49% |
| Commonwealth of Massachusetts Transportation Fund Revenue | 2.19% |
| Commonwealth of Massachusetts | 2.14% |
| Massachusetts Health & Educational Facilities Authority | 2.13% |
| City of Brockton MA | 2.05% |
| Massachusetts Water Resources Authority | 2.04% |
ETMAX Prospectus and SEC Filings
Official Eaton Vance Massachusetts Municipal Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-01-27
- Prospectus (485BPOS) — filed 2025-01-23
- Prospectus (485BPOS) — filed 2024-01-24
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2025-12-12
- Annual census (N-CEN) — filed 2024-12-05
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.