Eaton Vance TABS 5-to-15 Year Laddered Municipal Bond NextShares (EVLMC)
Eaton Vance TABS 5-to-15 Year Laddered Municipal Bond NextShares operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in US. The stock last traded at $99.96, up 0.00% on the session, giving a market capitalisation of $12.5M. Its beta of 1.01 implies it has historically moved more than the broad market.
In typical market environments, the fund commits at least 80% of its net assets—supplemented by any funds borrowed for investment purposes—to municipal obligations. This investment guideline, known as the "80% Policy," specifically targets securities with final maturities ranging from five to fifteen years, whose interest earnings are exempt from regular federal income tax.
Eaton Vance TABS 5-to-15 Year Laddered Municipal Bond NextShares is most often compared with the following Financial Services names: