EXNAX Performance — Eaton Vance National Limited Maturity Municipal Income Fund, Class A
Data updated: 2026-08-27
EXNAX returned +1.50% year to date and +4.73% over one year to Jun 2026. Annualised returns are +3.68% over 3 years and +1.59% over 5 years. The fund beat its Short-Term Municipal Bond category average: $100 invested three years ago grew to $111, against $111 for the category, and to $105 over one year, against $104. Volatility over the past three years was 2.68% a year. In the 12 months to Jun 2026 the fund lost a net $16.0M, and assets reached $492.48M.
EXNAX Growth of $100
What $100 invested in Eaton Vance National Limited Maturity Municipal Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Municipal Bond category average over the same months.
| Period | EXNAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $105 | $104 |
| 3 years (Jul 2023 – Jun 2026) | $111 | $111 |
| 5 years (Jul 2021 – Jun 2026) | $108 | $108 |
| Since data start (Jul 2019 – Jun 2026) | $114 | $113 |
EXNAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.50% |
| 1 year | +4.73% |
| 3 years (annualised) | +3.68% |
| 5 years (annualised) | +1.59% |
EXNAX Annual Returns
Calendar-year total returns of Eaton Vance National Limited Maturity Municipal Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.50% |
| 2025 | +4.13% |
| 2024 | +2.79% |
| 2023 | +4.05% |
| 2022 | −4.17% |
| 2021 | +0.60% |
| 2020 | +3.25% |
| 2019 (Jul–Dec) | +1.48% |
EXNAX 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 | +0.8% | +0.9% | −1.7% | +0.8% | +0.2% | +0.5% | — | — | — | — | — | — |
| 2025 | +0.5% | +0.7% | −0.8% | −0.4% | +0.3% | +0.7% | +0.1% | +0.7% | +1.3% | +0.6% | +0.3% | +0.1% |
| 2024 | +0.1% | +0.3% | +0.2% | −0.4% | −0.1% | +0.9% | +0.7% | +0.7% | +0.6% | −0.7% | +0.9% | −0.5% |
| 2023 | +1.4% | −1.1% | +1.2% | −0.1% | −0.4% | +0.5% | +0.3% | −0.3% | −1.0% | −0.3% | +2.8% | +1.1% |
| 2022 | −1.5% | −0.4% | −1.6% | −1.2% | +0.7% | −0.4% | +1.1% | −1.2% | −1.4% | −0.2% | +1.8% | +0.2% |
| 2021 | +0.6% | −0.7% | +0.1% | +0.4% | +0.2% | +0.1% | +0.4% | −0.2% | −0.4% | −0.3% | +0.3% | 0.0% |
| 2020 | +1.1% | +0.8% | −3.1% | −1.0% | +1.9% | +1.1% | +1.0% | 0.0% | +0.1% | 0.0% | +0.7% | +0.7% |
| 2019 | — | — | — | — | — | — | +0.6% | +0.8% | −0.6% | +0.2% | +0.2% | +0.2% |
EXNAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 2.68%
- 3-year Sharpe ratio: -0.31 (vs 4.5% risk-free rate)
- Best month: +2.82% (Nov 2023)
- Worst month: −1.66% (Mar 2026)
EXNAX Fund Flows
Monthly money in and out of Eaton Vance National Limited Maturity Municipal Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$16.0M
- 12-month gross sales (incl. reinvestments): $149.4M
- Sales ÷ redemptions: 0.90×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $6.4M | $10.0M | −$3.6M |
| May 2026 | $6.5M | $6.9M | −$429K |
| Apr 2026 | $34.6M | $11.7M | $22.9M |
| Mar 2026 | $9.8M | $6.1M | $3.7M |
| Feb 2026 | $7.9M | $8.4M | −$497K |
| Jan 2026 | $8.9M | $10.5M | −$1.6M |
| Dec 2025 | $14.1M | $13.5M | $523K |
| Nov 2025 | $10.3M | $8.4M | $1.9M |
| Oct 2025 | $16.9M | $11.3M | $5.7M |
| Sep 2025 | $12.3M | $53.2M | −$40.9M |
| Aug 2025 | $9.3M | $15.3M | −$6.0M |
| Jul 2025 | $12.4M | $10.2M | $2.2M |
EXNAX Assets Under Management
Net assets of Eaton Vance National Limited Maturity Municipal Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $492.48M |
| 2026-03-31 | $470.03M |
| 2025-12-31 | $472.00M |
| 2025-09-30 | $462.68M |
| 2025-06-30 | $500.83M |
| 2025-03-31 | $531.61M |
| 2024-12-31 | $467.43M |
| 2024-09-30 | $465.73M |
| 2024-06-30 | $482.94M |
| 2024-03-31 | $489.27M |
| 2023-12-31 | $494.32M |
| 2023-09-30 | $486.52M |
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.