Eaton Vance Massachusetts Municipal Income Fund (EIMAX) Alternatives

Eaton Vance Massachusetts Municipal Income Fund (EIMAX) 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 EIMAX. 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 EIMAX

EIMAX charges 0.48% annually. Among mutual funds in the Municipal Bonds category, these options have the lowest expense ratios among EIMAX alternatives.

Symbol	Name	Expense Ratio	Inception
LSMSX	Western Asset SMASh Series TF Fund	0.01%	Dec 22, 2015	EIMAX vs LSMSX
NMTRX	Nuveen Municipal Total Return Managed Accounts	0.05%	May 30, 2007	EIMAX vs NMTRX
FHMIX	Federated Hermes Conservative Municipal Microshort...	0.05%	Feb 2, 2021	EIMAX vs FHMIX
FSMUX	Strategic Advisers Municipal Bond Fund	0.06%	Jun 24, 2021	EIMAX vs FSMUX
FMBIX	Fidelity Municipal Bond Index Fund	0.07%	Jul 11, 2019	EIMAX vs FMBIX

Best Risk-Adjusted Alternatives to EIMAX

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
ATOIX	abrdn Ultra Short Municipal Income Fund	100	Dec 4, 2002	EIMAX vs ATOIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	99	Apr 21, 2016	EIMAX vs TFCYX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	99	Dec 25, 2017	EIMAX vs APUSX
FHMIX	Federated Hermes Conservative Municipal Microshort...	99	Feb 2, 2021	EIMAX vs FHMIX
USMTX	JPMorgan Ultra-Short Municipal Fund	99	May 30, 2016	EIMAX vs USMTX

Top Performing EIMAX Alternatives (YTD)

EIMAX alternatives from the Municipal Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
NMI	Nuveen Municipal Income Fund, Inc.	6.43%	Apr 20, 1998	EIMAX vs NMI
NPV	Nuveen Virginia Quality Municipal Income Fund	4.12%	Mar 18, 1993	EIMAX vs NPV
NRK	Nuveen New York AMT Free Quality Municipal Income	3.25%	Nov 21, 2002	EIMAX vs NRK
MIY	BlackRock MuniYield Michigan Quality Fund	2.55%	Oct 30, 1992	EIMAX vs MIY
NQP	Nuveen Pennsylvania Quality Municipal Income	2.31%	Feb 21, 1991	EIMAX vs NQP

Lowest Volatility Alternatives to EIMAX

EIMAX alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
DFSMX	DFA Short Term Municipal Bond Portfolio	0.68%	Aug 19, 2002	EIMAX vs DFSMX
USMSX	JPMorgan Ultra-Short Municipal Fund	0.69%	May 31, 2016	EIMAX vs USMSX
USMTX	JPMorgan Ultra-Short Municipal Fund	0.70%	May 30, 2016	EIMAX vs USMTX
DFABX	DFA Short-Term Selective State Municipal Bond Port...	0.71%	Apr 11, 2022	EIMAX vs DFABX
BATVX	BlackRock Allocation Target Shares	0.76%	May 20, 2021	EIMAX vs BATVX

Lowest Drawdown Alternatives to EIMAX

EIMAX alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
BATVX	BlackRock Allocation Target Shares	0.00%	May 20, 2021	EIMAX vs BATVX
ATOIX	abrdn Ultra Short Municipal Income Fund	-0.10%	Dec 4, 2002	EIMAX vs ATOIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	-0.10%	Apr 21, 2016	EIMAX vs TFCYX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	-0.20%	Dec 25, 2017	EIMAX vs APUSX
FHMIX	Federated Hermes Conservative Municipal Microshort...	-0.20%	Feb 2, 2021	EIMAX vs FHMIX

Other Mutual Funds from Eaton Vance

Most popular Eaton Vance mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
EGRIX	Eaton Vance Global Macro Absolute Return Advantage...	Nontraditional Bonds	99	3.59%	Aug 30, 2010	EIMAX vs EGRIX
ETG	Eaton Vance Tax Advantaged Global Dividend Income ...	Global Equities	51	-11.37%	Jan 30, 2004	EIMAX vs ETG
EXG	Eaton Vance Tax-Managed Global Diversified Equity ...	Dividend, Global Equity Income	48	-7.20%	Feb 27, 2007	EIMAX vs EXG
EIAMX	Eaton Vance Multi-Asset Credit Fund	High Yield Bonds	92	-1.08%	Oct 31, 2011	EIMAX vs EIAMX
EIRAX	Eaton Vance Richard Bernstein All Asset Strategy F...	Tactical Allocation	46	-3.81%	Sep 29, 2011	EIMAX vs EIRAX
EHSTX	Eaton Vance Large-Cap Value Fund	Large Cap Value Equities	28	-1.54%	Sep 23, 1931	EIMAX vs EHSTX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	Emerging Markets Bonds	98	1.33%	Feb 3, 2013	EIMAX vs EELDX
EEIAX	Eaton Vance Emerging Markets Local Income Fund	Emerging Markets Bonds	93	-1.86%	Jun 26, 2007	EIMAX vs EEIAX
EISMX	Eaton Vance Atlanta Capital SMID-Cap Fund	Mid Cap Growth Equities	2	-6.70%	Apr 30, 2002	EIMAX vs EISMX
ETY	Eaton Vance Tax Managed Diversified Equity Income ...	Large Cap Growth Equities	12	-8.28%	Nov 27, 2006	EIMAX vs ETY

Often Compared With EIMAX

What investors most often compare with EIMAX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
VOO	Vanguard S&P 500 ETF	S&P 500	65	-4.42%	Sep 7, 2010	EIMAX vs VOO
IWDA.AS	iShares Core MSCI World UCITS ETF USD (Acc)	Global Equities	58	-3.12%	Sep 25, 2009	EIMAX vs IWDA.AS
E	Eni S.p.A.		97	50.94%	—	EIMAX vs E
EIBLX	Eaton Vance Floating Rate Fund	Bank Loan	60	-1.32%	Jan 29, 2001	EIMAX vs EIBLX
ETSIX	Eaton Vance Strategic Income Fund Class I	Multisector Bonds	97	0.45%	Jan 23, 1998	EIMAX vs ETSIX
EAPCX	Parametric Commodity Strategy Fund Class A	Commodities	94	16.34%	May 25, 2011	EIMAX vs EAPCX
ECHIX	Eaton Vance High Income Opportunities Fund	High Yield Bonds	84	-1.69%	Jun 8, 1994	EIMAX vs ECHIX
EEIIX	Eaton Vance Emerging Markets Local Income Fund Cla...	Emerging Markets Bonds	94	-1.77%	Nov 27, 2009	EIMAX vs EEIIX
EIFGX	Eaton Vance Focused Growth Opportunities Fund	Large Cap Growth Equities	20	-11.94%	Mar 7, 2011	EIMAX vs EIFGX
EAIIX	Eaton Vance Global Bond Fund	Global Bonds	97	0.92%	Jun 26, 2007	EIMAX vs EAIIX
EIDOX	Eaton Vance Emerging Markets Debt Opportunities Fu...	Emerging Markets Bonds	98	1.43%	Sep 3, 2015	EIMAX vs EIDOX
EACAX	Eaton Vance California Municipal Opportunities Fun...	Municipal Bonds	32	-0.62%	May 26, 1994	EIMAX vs EACAX
EILTX	Parametric TABS 5-to-15 Year Laddered Municipal Bo...	Municipal Bonds	67	-1.17%	Jan 31, 2010	EIMAX vs EILTX
ESEIX	Eaton Vance Atlanta Capital Select Equity Fund	Large Cap Growth Equities	1	-10.87%	Jan 3, 2012	EIMAX vs ESEIX
EIHMX	Eaton Vance National Municipal Income Fund Class I	Municipal Bonds	37	-0.45%	Dec 3, 1993	EIMAX vs EIHMX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	Inflation-Protected Bonds	87	0.35%	Mar 31, 2010	EIMAX vs EIRRX
EBABX	Eaton Vance Total Return Bond Fund Class A	Intermediate Core-Plus Bond	70	-0.94%	Nov 17, 2009	EIMAX vs EBABX
ETB	Eaton Vance Tax-Managed Buy-Write Income Fund	Options Trading	50	-3.57%	Apr 29, 2005	EIMAX vs ETB
DMREX	DFA Municipal Real Return Portfolio	Municipal Bonds	94	1.10%	Nov 3, 2014	EIMAX vs DMREX
EOS	Eaton Vance Enhanced Equity Income Fund II	Derivative Income	12	-10.77%	Jan 26, 2005	EIMAX vs EOS

Compare EIMAX with Any Fund or Stock

Compare EIMAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Eaton Vance Massachusetts Municipal Income Fund

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