Eaton Vance VA Municipal Income I (EVAIX)
Eaton Vance VA Municipal Income I operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $7.23, up 0.14% on the session, giving a market capitalisation of $81.6M. Its beta of 1.01 implies it has historically moved more than the broad market.
This fund is primarily dedicated to municipal debt instruments, allocating a minimum of 80% of its total capital (inclusive of any borrowed funds used for investment) to them. These particular bonds are chosen for their immunity from regular federal income tax, as well as certain state taxes specified in the fund's overall investment strategy. Typically, at least three-quarters (75%) of the net assets will be channeled into municipal securities that, at the time of purchase, carry an investment-grade rating. For any securities without an official rating, the fund's investment adviser must determine that they meet comparable investment-grade quality standards.
Eaton Vance VA Municipal Income I is most often compared with the following Financial Services names: