Eaton Vance AMT-Free Municipal Income I (EVMBX)
Eaton Vance AMT-Free 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 $8.59, up 0.12% on the session, giving a market capitalisation of $175.2M. Its beta of 1.18 implies it has historically moved more than the broad market.
The fund typically dedicates a minimum of 80% of its net assets (including any funds borrowed for investment) to municipal obligations. These investments are issued by or on behalf of U.S. states, territories, possessions, the District of Columbia, and their respective political subdivisions, agencies, or instrumentalities, with the interest income generally being exempt from regular federal income tax. While the fund's primary focus is on acquiring municipal obligations with maturities of ten years or more, it also has the option to invest in those with shorter maturities or earlier call provisions.
Eaton Vance AMT-Free Municipal Income I is most often compared with the following Financial Services names: