Eaton Vance Municipal Opportunities Fund (EMOIX)
The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal obligations, the interest on which is exempt from regular federal income tax (the "80% Policy"). The fund also may invest up to 50% of its net assets in obligations rated below investment grade ("junk bonds"). It may invest up to 20% of its net assets in other debt obligations, including taxable municipal obligations, U.S. Treasury securities and obligations of the U.S. government, its agencies and instrumentalities.
Fund Info
US27826Y5556
27826Y555
May 30, 2011
$1,000,000
Expense Ratio
EMOIX features an expense ratio of 0.67%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Eaton Vance Municipal Opportunities Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Eaton Vance Municipal Opportunities Fund had a return of -1.15% year-to-date (YTD) and 2.08% in the last 12 months. Over the past 10 years, Eaton Vance Municipal Opportunities Fund had an annualized return of 2.05%, while the S&P 500 had an annualized return of 11.24%, indicating that Eaton Vance Municipal Opportunities Fund did not perform as well as the benchmark.
EMOIX
-1.15%
-1.93%
0.03%
2.08%
0.58%
2.05%
^GSPC (Benchmark)
-0.66%
-3.44%
3.10%
22.14%
12.04%
11.24%
Monthly Returns
The table below presents the monthly returns of EMOIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.21% | 0.03% | 0.29% | -0.86% | 0.12% | 1.64% | 0.91% | 1.00% | 1.25% | -1.27% | 1.61% | -1.65% | 3.27% |
| 2023 | 2.76% | -1.85% | 1.72% | -0.09% | -0.54% | 0.82% | 0.27% | -1.33% | -2.53% | -1.39% | 6.14% | 2.45% | 6.28% |
| 2022 | -2.48% | -0.65% | -2.80% | -2.70% | 0.55% | -1.89% | 2.18% | -1.78% | -3.26% | -0.87% | 3.93% | 0.01% | -9.58% |
| 2021 | 1.56% | -1.24% | 0.41% | 0.87% | 0.54% | 0.53% | 0.91% | -0.32% | -0.87% | -0.32% | 0.79% | -1.42% | 1.39% |
| 2020 | 1.80% | 1.54% | -6.48% | -2.90% | 3.26% | 2.58% | 1.94% | 0.03% | -0.03% | -0.11% | 1.67% | 1.32% | 4.28% |
| 2019 | 0.98% | 0.55% | 1.13% | 0.29% | 1.28% | 0.45% | 0.60% | 1.33% | -0.60% | 0.03% | 0.27% | 0.27% | 6.76% |
| 2018 | -1.06% | -0.30% | 0.29% | -0.21% | 1.14% | 0.21% | 0.47% | 0.13% | -0.45% | -0.63% | 0.82% | 0.90% | 1.30% |
| 2017 | 0.55% | 0.73% | 0.46% | 1.06% | 1.47% | -0.23% | 0.86% | 0.93% | -0.16% | -0.08% | -0.41% | 0.86% | 6.19% |
| 2016 | 1.44% | 0.08% | 0.66% | 0.83% | 0.31% | 1.91% | 0.00% | 0.33% | -0.24% | -1.14% | -4.13% | 0.28% | 0.19% |
| 2015 | 2.14% | -1.39% | 0.66% | -0.54% | -0.35% | -0.51% | 0.89% | 0.18% | 1.16% | 0.54% | 0.80% | 0.70% | 4.30% |
| 2014 | 2.75% | 1.55% | 1.04% | 2.15% | 2.11% | -0.18% | 0.17% | 1.80% | 0.48% | 0.73% | 0.11% | 0.84% | 14.35% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of EMOIX is 46, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Eaton Vance Municipal Opportunities Fund (EMOIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Eaton Vance Municipal Opportunities Fund provided a 3.25% dividend yield over the last twelve months, with an annual payout of $0.36 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.36 | $0.36 | $0.38 | $0.29 | $0.24 | $0.30 | $0.30 | $0.30 | $0.27 | $0.24 | $0.24 | $0.26 |
Dividend yield | 3.25% | 3.21% | 3.32% | 2.66% | 1.88% | 2.36% | 2.39% | 2.54% | 2.24% | 2.07% | 2.03% | 2.24% |
Monthly Dividends
The table displays the monthly dividend distributions for Eaton Vance Municipal Opportunities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | |||||||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.36 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.29 |
| 2021 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
| 2020 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.30 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.30 |
| 2018 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.30 |
| 2017 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Eaton Vance Municipal Opportunities Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Eaton Vance Municipal Opportunities Fund was 15.38%, occurring on Oct 25, 2022. The portfolio has not yet recovered.
The current Eaton Vance Municipal Opportunities Fund drawdown is 4.07%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.38% | Aug 5, 2021 | 309 | Oct 25, 2022 | — | — | — |
| -13.43% | Mar 3, 2020 | 14 | Mar 20, 2020 | 180 | Dec 4, 2020 | 194 |
| -12.52% | Dec 10, 2012 | 186 | Sep 5, 2013 | 184 | May 30, 2014 | 370 |
| -6.44% | Sep 2, 2016 | 63 | Dec 1, 2016 | 174 | Aug 11, 2017 | 237 |
| -2.88% | Feb 3, 2012 | 32 | Mar 20, 2012 | 28 | Apr 30, 2012 | 60 |
Volatility
Volatility Chart
The current Eaton Vance Municipal Opportunities Fund volatility is 1.26%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.