EXMAX Performance — Eaton Vance Short Duration Municipal Opportunities Fund, Class A
Data updated: 2026-08-27
EXMAX returned +1.60% year to date and +5.29% over one year to Jun 2026. Annualised returns are +4.33% over 3 years and +1.85% over 5 years. Against its Intermediate Municipal Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $114, against $111 for the category, and to $105 over one year, against $106. Volatility over the past three years was 2.76% a year. In the 12 months to Jun 2026 the fund took in a net $90.3M, and assets reached $856.82M.
EXMAX Growth of $100
What $100 invested in Eaton Vance Short Duration Municipal Opportunities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | EXMAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $105 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $114 | $111 |
| 5 years (Jul 2021 – Jun 2026) | $110 | $105 |
| Since data start (Jul 2019 – Jun 2026) | $116 | $112 |
EXMAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.60% |
| 1 year | +5.29% |
| 3 years (annualised) | +4.33% |
| 5 years (annualised) | +1.85% |
EXMAX Annual Returns
Calendar-year total returns of Eaton Vance Short Duration Municipal Opportunities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.60% |
| 2025 | +4.80% |
| 2024 | +3.91% |
| 2023 | +4.29% |
| 2022 | −5.14% |
| 2021 | +1.75% |
| 2020 | +2.17% |
| 2019 (Jul–Dec) | +1.52% |
EXMAX 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 | +0.7% | +1.1% | −1.8% | +0.9% | +0.3% | +0.5% | — | — | — | — | — | — |
| 2025 | +0.5% | +0.9% | −0.9% | −0.2% | +0.1% | +0.8% | +0.1% | +0.9% | +1.3% | +0.8% | +0.4% | +0.2% |
| 2024 | +0.2% | +0.2% | +0.2% | −0.4% | +0.1% | +1.0% | +0.9% | +0.9% | +0.8% | −0.7% | +0.9% | −0.4% |
| 2023 | +1.5% | −1.0% | +1.0% | 0.0% | −0.3% | +0.4% | +0.3% | −0.6% | −0.8% | −0.3% | +2.8% | +1.2% |
| 2022 | −1.6% | −0.6% | −1.8% | −1.4% | +0.6% | −0.6% | +1.2% | −1.1% | −1.7% | −0.2% | +1.8% | +0.2% |
| 2021 | +0.9% | −0.6% | +0.3% | +0.5% | +0.2% | +0.3% | +0.6% | −0.1% | −0.6% | −0.2% | +0.5% | 0.0% |
| 2020 | +0.9% | +0.9% | −4.3% | −1.7% | +1.6% | +1.7% | +1.2% | +0.2% | +0.1% | −0.1% | +0.9% | +0.7% |
| 2019 | — | — | — | — | — | — | +0.5% | +0.8% | −0.3% | +0.3% | +0.1% | +0.2% |
EXMAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 2.76%
- 3-year Sharpe ratio: -0.06 (vs 4.5% risk-free rate)
- Best month: +2.80% (Nov 2023)
- Worst month: −1.84% (Mar 2026)
EXMAX Fund Flows
Monthly money in and out of Eaton Vance Short Duration Municipal Opportunities Fund, from SEC Form N-PORT.
- 12-month net flow: $90.3M
- 12-month gross sales (incl. reinvestments): $315.9M
- Sales ÷ redemptions: 1.40×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $25.1M | $16.6M | $8.5M |
| May 2026 | $22.7M | $19.3M | $3.4M |
| Apr 2026 | $25.6M | $18.1M | $7.5M |
| Mar 2026 | $30.6M | $21.2M | $9.5M |
| Feb 2026 | $18.8M | $29.1M | −$10.2M |
| Jan 2026 | $30.2M | $23.6M | $6.5M |
| Dec 2025 | $29.3M | $19.0M | $10.3M |
| Nov 2025 | $24.0M | $12.0M | $12.0M |
| Oct 2025 | $34.0M | $19.3M | $14.7M |
| Sep 2025 | $25.3M | $15.1M | $10.1M |
| Aug 2025 | $22.7M | $14.3M | $8.4M |
| Jul 2025 | $27.7M | $18.0M | $9.7M |
EXMAX Assets Under Management
Net assets of Eaton Vance Short Duration Municipal Opportunities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $856.82M |
| 2026-03-31 | $830.06M |
| 2025-12-31 | $830.50M |
| 2025-09-30 | $788.95M |
| 2025-06-30 | $749.46M |
| 2025-03-31 | $738.28M |
| 2024-12-31 | $725.02M |
| 2024-09-30 | $728.52M |
| 2024-06-30 | $703.22M |
| 2024-03-31 | $725.17M |
| 2023-12-31 | $750.64M |
| 2023-09-30 | $750.39M |
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.