EXFLX Performance — Eaton Vance National Ultra-Short Municipal Income Fund, Class A
Data updated: 2026-08-27
EXFLX returned +1.29% year to date and +2.80% over one year to Jun 2026. Annualised returns are +3.17% over 3 years and +2.15% over 5 years. The fund trailed its Trading - Leveraged category average: $100 invested three years ago grew to $110, against $157 for the category, and to $103 over one year, against $121. Volatility over the past three years was 0.58% a year. In the 12 months to Jun 2026 the fund took in a net $23.1M, and assets reached $354.14M.
EXFLX Growth of $100
What $100 invested in Eaton Vance National Ultra-Short Municipal Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | EXFLX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $103 | $121 |
| 3 years (Jul 2023 – Jun 2026) | $110 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $111 | $144 |
| Since data start (Jul 2019 – Jun 2026) | $113 | $165 |
EXFLX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.29% |
| 1 year | +2.80% |
| 3 years (annualised) | +3.17% |
| 5 years (annualised) | +2.15% |
EXFLX Annual Returns
Calendar-year total returns of Eaton Vance National Ultra-Short Municipal Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.29% |
| 2025 | +3.02% |
| 2024 | +3.22% |
| 2023 | +3.29% |
| 2022 | 0.00% |
| 2021 | +0.42% |
| 2020 | +0.01% |
| 2019 (Jul–Dec) | +0.86% |
EXFLX 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 | +0.4% | +0.3% | −0.1% | +0.2% | +0.2% | +0.2% | — | — | — | — | — | — |
| 2025 | +0.3% | +0.4% | +0.1% | −0.1% | +0.4% | +0.4% | +0.4% | +0.3% | +0.1% | +0.1% | +0.2% | +0.2% |
| 2024 | +0.3% | +0.2% | +0.2% | +0.2% | +0.3% | +0.5% | +0.5% | +0.4% | +0.4% | −0.1% | +0.5% | +0.1% |
| 2023 | +0.4% | 0.0% | +0.3% | 0.0% | +0.1% | +0.4% | +0.3% | +0.3% | +0.1% | +0.3% | +0.7% | +0.4% |
| 2022 | −0.1% | −0.1% | −0.2% | −0.3% | +0.2% | 0.0% | +0.2% | −0.3% | −0.2% | +0.2% | +0.5% | +0.1% |
| 2021 | +0.1% | +0.2% | 0.0% | +0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| 2020 | +0.1% | +0.1% | −0.3% | −1.3% | 0.0% | +0.5% | 0.0% | +0.3% | +0.2% | −0.1% | +0.2% | +0.2% |
| 2019 | — | — | — | — | — | — | +0.2% | +0.1% | +0.1% | +0.1% | +0.1% | +0.2% |
EXFLX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 0.58%
- 3-year Sharpe ratio: -2.27 (vs 4.5% risk-free rate)
- Best month: +0.69% (Nov 2023)
- Worst month: −0.14% (Oct 2024)
EXFLX Fund Flows
Monthly money in and out of Eaton Vance National Ultra-Short Municipal Income Fund, from SEC Form N-PORT.
- 12-month net flow: $23.1M
- 12-month gross sales (incl. reinvestments): $209.7M
- Sales ÷ redemptions: 1.12×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $10.2M | $11.4M | −$1.2M |
| May 2026 | $22.7M | $8.1M | $14.6M |
| Apr 2026 | $9.2M | $16.6M | −$7.4M |
| Mar 2026 | $16.7M | $10.5M | $6.2M |
| Feb 2026 | $19.9M | $17.8M | $2.1M |
| Jan 2026 | $18.7M | $16.3M | $2.4M |
| Dec 2025 | $10.7M | $18.1M | −$7.4M |
| Nov 2025 | $14.3M | $33.0M | −$18.7M |
| Oct 2025 | $17.3M | $17.9M | −$646K |
| Sep 2025 | $10.1M | $10.0M | $86K |
| Aug 2025 | $26.1M | $18.2M | $8.0M |
| Jul 2025 | $33.7M | $8.7M | $25.0M |
EXFLX Assets Under Management
Net assets of Eaton Vance National Ultra-Short Municipal Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $354.14M |
| 2026-03-31 | $347.94M |
| 2025-12-31 | $337.51M |
| 2025-09-30 | $364.44M |
| 2025-06-30 | $330.79M |
| 2025-03-31 | $324.72M |
| 2024-12-31 | $301.62M |
| 2024-09-30 | $328.08M |
| 2024-06-30 | $317.53M |
| 2024-03-31 | $350.25M |
| 2023-12-31 | $405.51M |
| 2023-09-30 | $397.74M |
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.