ETVAX Fees and Costs — Eaton Vance Virginia Municipal Income Fund, Class A
Data updated: 2026-07-27
The net expense ratio is 0.76%: a 0.29% management fee, a 0.20% 12b-1 fee plus 0.27% other expenses. This share class carries a maximum front-end sales load of 3.25%. Portfolio turnover was 75%.
ETVAX Fees and Expenses
Annual operating expenses and sales charges of ETVAX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.29% |
| 12b-1 fee | 0.20% |
| Other expenses | 0.27% |
| Gross expense ratio | 0.76% |
| Fee waiver | — |
| Net expense ratio | 0.76% |
| Sales charges | |
|---|---|
| Max front load | 3.25% |
| 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 |
ETVAX Costs Over Time
On $10,000 invested in ETVAX, assuming 5% a year before costs, total costs come to $877 over 5 years, cutting the return by 1.48% 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 |
| Sales charges | $325 | $325 | $325 |
| Fund expenses (net expense ratio 0.76%) | $77 | $241 | $420 |
| Lost growth on money paid in costs | $16 | $63 | $132 |
| Total costs | $418 | $630 | $877 |
| Value after costs | $10,082 | $10,947 | $11,886 |
| Impact on return, per year | 4.18% | 1.94% | 1.48% |
ETVAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $92.3M
- Portfolio turnover (prospectus): 75%
- Securities lending: none during the year
ETVAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| TD Securities (USA) LLC | $16.3M | 22.25% |
| BofA Securities, Inc. | $11.2M | 15.29% |
| U.S. Bancorp Investments, Inc. | $8.5M | 11.58% |
| J.P. Morgan Securities LLC | $8.1M | 11.00% |
| Ice Securities Execution & Clearing, LLC | $6.0M | 8.12% |
| Tradeweb Direct LLC | $5.6M | 7.59% |
| Raymond James & Associates, Inc. | $5.1M | 6.91% |
| Wells Fargo Securities, LLC | $4.7M | 6.36% |
| The GMS Group, L.L.C. | $4.5M | 6.12% |
| RBC Capital Markets, LLC | $3.5M | 4.77% |
Eaton Vance Virginia Municipal Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| EVAIX | Class I | 0.56% | none |
| ETVAX | Class A | 0.76% | 3.25% |
| ECVAX | Class C | 1.51% | 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.