ETMAX — Eaton Vance Massachusetts Municipal Income Fund
Data updated: 2026-05-26
ETMAX — Eaton Vance Massachusetts Municipal Income Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $135.83M AUM · 0.82% expense ratio · 3.6% 1-yr return. From SEC regulatory 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: $135.83M
- 1-year return: 3.6%
- 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 | 4.53% |
| Massachusetts Health & Educational Facilities Authority | 4.28% |
| Commonwealth of Massachusetts | 3.99% |
| Massachusetts Port Authority | 3.02% |
| Massachusetts Clean Water Trust/The | 2.69% |
| Massachusetts Health & Educational Facilities Authority | 2.33% |
| Massachusetts Water Resources Authority | 2.21% |
| Massachusetts Development Finance Agency | 2.16% |
| Northeast Metropolitan Regional Vocational School District | 2.11% |
| Massachusetts Bay Transportation Authority Sales Tax Revenue | 2.09% |
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 | 99.8% |
| Cash & Equivalents | 2.1% |
ETMAX Performance
Total returns for ETMAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -0.2% |
| 1 year | 3.6% |
| 3 years (annualised) | 2.0% |
| 5 years (annualised) | -0.1% |
ETMAX Risk Information
Risk metrics for ETMAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.2%
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 2026-03, Eaton Vance Massachusetts Municipal Income Fund had net outflows of $1.36M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $265.52K |
| 2026-02 | $1.61M |
| 2026-01 | −$581.32K |
| 2025-12 | $6.83M |
| 2025-11 | −$1.09M |
| 2025-10 | −$2.48M |
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 | 4.53% |
| Massachusetts Health & Educational Facilities Authority | 4.28% |
| Commonwealth of Massachusetts | 3.99% |
| Massachusetts Port Authority | 3.02% |
| Massachusetts Clean Water Trust/The | 2.69% |
| Massachusetts Health & Educational Facilities Authority | 2.33% |
| Massachusetts Water Resources Authority | 2.21% |
| Massachusetts Development Finance Agency | 2.16% |
| Northeast Metropolitan Regional Vocational School District | 2.11% |
| Massachusetts Bay Transportation Authority Sales Tax Revenue | 2.09% |
ETMAX Prospectus and SEC Filings
Official Eaton Vance Massachusetts Municipal Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
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.