Eaton Vance NC Municipal Income A (ETNCX)
Eaton Vance NC Municipal Income A operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $8.37, up 0.12% on the session, giving a market capitalisation of $273.5M. Its beta of 0.95 implies it has historically moved less than the broad market.
This fund's primary strategy is to invest in municipal bonds, dedicating a minimum of 80% of its total assets (which includes any funds borrowed for investment purposes) to these types of securities. These municipal obligations are specifically chosen because they are free from standard federal income tax and also exempt from certain state taxes, as specified in the fund's mandate. Furthermore, the fund maintains a focus on credit quality, typically committing at least 75% of its net assets to bonds that possess an investment-grade rating when acquired, or, if unrated, are judged by the investment adviser to meet equivalent high-quality standards.
Eaton Vance NC Municipal Income A is most often compared with the following Financial Services names: