Eaton Vance Municipal Bond Fund (EIM) Alternatives
Eaton Vance Municipal Bond Fund (EIM) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with EIM. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to EIM
EIM charges 0.01% annually. Among mutual funds in the Municipal Bonds category, these options have the lowest expense ratios among EIM alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Western Asset Managed Municipals Fund Inc | 0.01% | Jun 26, 1992 | EIM vs MMU | |
| Western Asset SMASh Series TF Fund | 0.01% | Dec 22, 2015 | EIM vs LSMSX | |
| Nuveen Select Maturities Municipal Fund | 0.03% | Sep 18, 1992 | EIM vs NIM | |
| NYLI MacKay DefinedTerm Muni Opportunities Fund | 0.03% | Jun 26, 2012 | EIM vs MMD | |
| Nuveen California Municipal Value Fund | 0.03% | Oct 7, 1987 | EIM vs NCA |
Best Risk-Adjusted Alternatives to EIM
Among mutual funds in the Municipal Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| abrdn Ultra Short Municipal Income Fund | 100 | Dec 4, 2002 | EIM vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | Apr 21, 2016 | EIM vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | 99 | Dec 25, 2017 | EIM vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | Feb 2, 2021 | EIM vs FHMIX | |
| JPMorgan Ultra-Short Municipal Fund | 99 | May 30, 2016 | EIM vs USMTX |
Top Performing EIM Alternatives (YTD)
EIM alternatives from the Municipal Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Nuveen Massachusetts Quality Municipal Income Fund | 10.44% | Jan 12, 1993 | EIM vs NMT | |
| RiverNorth Opportunistic Municipal Income Fund | 7.10% | — | EIM vs RMI | |
| Nuveen Municipal Income Fund, Inc. | 6.43% | Apr 20, 1998 | EIM vs NMI | |
| Nuveen California Municipal Value Fund | 5.80% | Oct 7, 1987 | EIM vs NCA | |
| Nuveen Minnesota Quality Municipal Income Fund | 5.76% | Jun 25, 1993 | EIM vs NMS |
Lowest Volatility Alternatives to EIM
EIM alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.68% | Aug 19, 2002 | EIM vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.69% | May 31, 2016 | EIM vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.70% | May 30, 2016 | EIM vs USMTX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.71% | Apr 11, 2022 | EIM vs DFABX | |
| BlackRock Allocation Target Shares | 0.76% | May 20, 2021 | EIM vs BATVX |
Lowest Drawdown Alternatives to EIM
EIM alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | May 20, 2021 | EIM vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | Dec 4, 2002 | EIM vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | Apr 21, 2016 | EIM vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.20% | Dec 25, 2017 | EIM vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.20% | Feb 2, 2021 | EIM vs FHMIX |
Other Mutual Funds from Eaton Vance
Most popular Eaton Vance mutual funds on PortfoliosLab, across asset classes.
Often Compared With EIM
What investors most often compare with EIM, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Baird Strategic Municipal Bond Fund Institutional ... | Municipal Bonds | 81 | -0.21% | — | EIM vs BSNIX | |
| Nuveen California Quality Municipal Income Fund | Municipal Bonds | 71 | 0.49% | Dec 1, 1998 | EIM vs NAC | |
| RiverNorth Flexible Municipal Income Fund II Inc. | Municipal Bonds | 8 | 1.79% | — | EIM vs RFMZ | |
| RiverNorth Managed Duration Municipal Income Fund ... | Municipal Bonds | 13 | 3.01% | — | EIM vs RMMZ | |
| Western Asset Municipal High Income Fund Inc | Municipal Bonds | 5 | 2.39% | Nov 28, 1988 | EIM vs MHF | |
| Nuveen Arizona Quality Municipal Income Fund | Municipal Bonds | 25 | 2.58% | Nov 19, 1992 | EIM vs NAZ | |
| Nuveen Virginia Quality Municipal Income Fund | Municipal Bonds | 8 | 4.12% | Mar 18, 1993 | EIM vs NPV |
Compare EIM with Any Fund or Stock
Compare EIM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.