ETMNX Performance — Eaton Vance Minnesota Municipal Income Fund, Class A
Data updated: 2026-09-24
ETMNX returned +0.07% year to date and +6.70% over one year to Jul 2026. Annualised returns are +2.63% over 3 years and +0.47% over 5 years. Against its Long-Term Municipal Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $108, against $110 for the category, and to $107 over one year, against $106. Volatility over the past three years was 6.29% a year. In the 12 months to Jul 2026 the fund took in a net $21.7M, and assets reached $247.49M.
ETMNX Growth of $100
What $100 invested in Eaton Vance Minnesota Municipal Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | ETMNX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $107 | $106 |
| 3 years (Aug 2023 – Jul 2026) | $108 | $110 |
| 5 years (Aug 2021 – Jul 2026) | $102 | $101 |
| Since data start (Aug 2019 – Jul 2026) | $109 | $110 |
ETMNX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.07% |
| 1 year | +6.70% |
| 3 years (annualised) | +2.63% |
| 5 years (annualised) | +0.47% |
ETMNX Annual Returns
Calendar-year total returns of Eaton Vance Minnesota Municipal Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +0.07% |
| 2025 | +3.59% |
| 2024 | +1.04% |
| 2023 | +5.04% |
| 2022 | −6.40% |
| 2021 | +0.53% |
| 2020 | +4.17% |
| 2019 (Aug–Dec) | +1.09% |
ETMNX 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 | +0.6% | +1.4% | −2.3% | +1.4% | +0.4% | +0.7% | −2.1% | — | — | — | — | — |
| 2025 | −0.1% | +1.2% | −2.2% | −0.8% | −0.8% | +0.6% | −0.9% | +1.2% | +3.2% | +1.6% | +0.3% | +0.2% |
| 2024 | −0.2% | 0.0% | −0.2% | −0.9% | 0.0% | +1.3% | +0.7% | +0.5% | +1.0% | −1.4% | +1.8% | −1.6% |
| 2023 | +2.3% | −1.9% | +1.7% | −0.2% | −0.9% | +0.8% | +0.1% | −1.1% | −3.1% | −1.5% | +7.1% | +2.1% |
| 2022 | −2.1% | −0.4% | −2.3% | −2.0% | +1.3% | −1.1% | +1.9% | −1.8% | −3.0% | −0.5% | +3.7% | +0.1% |
| 2021 | +0.3% | −1.4% | +0.4% | +0.7% | +0.2% | +0.1% | +0.8% | −0.3% | −0.7% | −0.2% | +0.5% | 0.0% |
| 2020 | +1.5% | +1.0% | −2.6% | −1.2% | +3.0% | +0.4% | +1.3% | −0.4% | 0.0% | −0.4% | +1.2% | +0.4% |
| 2019 | — | — | — | — | — | — | — | +1.5% | −0.8% | 0.0% | +0.1% | +0.3% |
ETMNX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 6.29%
- 3-year Sharpe ratio: -0.30 (vs 4.5% risk-free rate)
- Best month: +7.07% (Nov 2023)
- Worst month: −3.14% (Sep 2023)
ETMNX Fund Flows
Monthly money in and out of Eaton Vance Minnesota Municipal Income Fund, from SEC Form N-PORT.
- 12-month net flow: $21.7M
- 12-month gross sales (incl. reinvestments): $76.4M
- Sales ÷ redemptions: 1.40×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $3.6M | $5.6M | −$2.0M |
| Jun 2026 | $5.1M | $4.2M | $851K |
| May 2026 | $6.8M | $3.6M | $3.2M |
| Apr 2026 | $6.1M | $5.0M | $1.1M |
| Mar 2026 | $4.6M | $3.8M | $817K |
| Feb 2026 | $6.5M | $2.7M | $3.8M |
| Jan 2026 | $9.5M | $3.8M | $5.7M |
| Dec 2025 | $6.5M | $3.6M | $2.8M |
| Nov 2025 | $4.3M | $3.7M | $608K |
| Oct 2025 | $4.5M | $4.9M | −$423K |
| Sep 2025 | $10.6M | $6.6M | $3.9M |
| Aug 2025 | $8.3M | $7.0M | $1.2M |
ETMNX Assets Under Management
Net assets of Eaton Vance Minnesota Municipal Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $247.49M |
| 2026-04-30 | $249.88M |
| 2026-01-31 | $244.98M |
| 2025-10-31 | $235.15M |
| 2025-07-31 | $218.91M |
| 2025-04-30 | $229.58M |
| 2025-01-31 | $246.01M |
| 2024-10-31 | $246.85M |
| 2024-07-31 | $247.43M |
| 2024-04-30 | $238.39M |
| 2024-01-31 | $235.42M |
| 2023-10-31 | $213.34M |
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.