EXFLX Fees and Costs — Eaton Vance National Ultra-Short Municipal Income Fund, Class A
Data updated: 2026-08-27
The net expense ratio is 0.50%: a 0.30% management fee, a 0.15% 12b-1 fee plus 0.13% other expenses, less a 0.08% fee waiver. This share class carries a maximum front-end sales load of 2.25%. Portfolio turnover was 112%.
EXFLX Fees and Expenses
Annual operating expenses and sales charges of EXFLX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.15% |
| Other expenses | 0.13% |
| Gross expense ratio | 0.58% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.50% |
| Sales charges | |
|---|---|
| Max front load | 2.25% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
EXFLX Costs Over Time
On $10,000 invested in EXFLX, assuming 5% a year before costs, total costs come to $596 over 5 years, cutting the return by 1.00% 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 | $225 | $225 | $225 |
| Fund expenses (net expense ratio 0.50%) | $51 | $161 | $281 |
| Lost growth on money paid in costs | $11 | $43 | $90 |
| Total costs | $288 | $429 | $596 |
| Value after costs | $10,212 | $11,147 | $12,167 |
| Impact on return, per year | 2.88% | 1.31% | 1.00% |
EXFLX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $701.2M
- Portfolio turnover (prospectus): 112%
- Securities lending: none during the year
EXFLX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $224.3M | 33.99% |
| State Street Global Markets, LLC | $105.4M | 15.97% |
| Barclays Capital Inc. | $82.4M | 12.48% |
| TD Securities (USA) LLC | $50.4M | 7.64% |
| Wells Fargo Securities, LLC | $47.5M | 7.20% |
| BNY Capital Markets, LLC | $47.3M | 7.16% |
| BofA Securities, Inc. | $39.9M | 6.05% |
| RBC Capital Markets, LLC | $28.4M | 4.30% |
| Jefferies LLC | $20.3M | 3.07% |
| Stifel, Nicolaus & Company, Incorporated | $14.2M | 2.15% |
Eaton Vance National Ultra-Short 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 |
|---|---|---|---|
| EILMX | Class I | 0.35% | none |
| EAMLX | Advisers Class | 0.50% | none |
| EXFLX | Class A | 0.50% | 2.25% |
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.