Eaton Vance Connecticut Municipal Income Fund (ETCTX)
The investment seeks to provide current income exempt from regular federal income tax and Connecticut state personal income tax. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal obligations that are exempt from regular federal income tax and the state taxes specified in the fund's investment objective. At least 75% of net assets normally will be invested in municipal obligations rated at least investment grade at the time of investment, or, if unrated, determined by the investment adviser to be of at least investment grade quality. It is non-diversified.
Fund Info
US27826L3143
27826L314
Apr 18, 1994
$1,000
Expense Ratio
ETCTX features an expense ratio of 0.69%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Eaton Vance Connecticut Municipal Income 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 Connecticut Municipal Income Fund had a return of 0.46% year-to-date (YTD) and 2.53% in the last 12 months. Over the past 10 years, Eaton Vance Connecticut Municipal Income Fund had an annualized return of 1.91%, while the S&P 500 had an annualized return of 11.31%, indicating that Eaton Vance Connecticut Municipal Income Fund did not perform as well as the benchmark.
ETCTX
0.46%
0.89%
0.36%
2.53%
0.71%
1.91%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of ETCTX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.46% | 0.46% | |||||||||||
| 2024 | -0.18% | 0.15% | -0.06% | -0.92% | -0.07% | 1.44% | 0.79% | 0.57% | 1.00% | -1.31% | 1.53% | -1.32% | 1.56% |
| 2023 | 2.58% | -2.31% | 2.06% | -0.10% | -0.95% | 0.77% | 0.24% | -1.26% | -2.81% | -1.43% | 6.77% | 2.49% | 5.82% |
| 2022 | -2.26% | -0.51% | -2.54% | -2.40% | 0.92% | -1.60% | 2.56% | -2.53% | -3.34% | -0.56% | 4.84% | 0.00% | -7.47% |
| 2021 | 0.57% | -1.52% | 0.39% | 0.68% | 0.39% | 0.19% | 0.75% | -0.31% | -0.79% | -0.21% | 0.76% | -0.02% | 0.86% |
| 2020 | 1.48% | 1.10% | -2.84% | -1.54% | 2.54% | 0.82% | 1.49% | -0.38% | 0.11% | -0.19% | 1.29% | 0.68% | 4.52% |
| 2019 | 0.64% | 0.46% | 1.04% | 0.15% | 1.13% | 0.43% | 0.83% | 1.31% | -0.63% | 0.05% | 0.04% | 0.24% | 5.83% |
| 2018 | -0.64% | -0.42% | 0.17% | -0.23% | 0.78% | 0.17% | 0.55% | 0.24% | -0.55% | -0.56% | 0.87% | 0.97% | 1.34% |
| 2017 | 0.27% | 0.48% | 0.17% | 0.86% | 0.86% | -0.42% | 0.56% | 0.46% | -0.03% | -0.23% | -0.52% | 0.77% | 3.26% |
| 2016 | 1.24% | 0.19% | 0.38% | 0.66% | -0.01% | 1.43% | -0.03% | 0.74% | -0.21% | -0.79% | -2.92% | 0.56% | 1.18% |
| 2015 | 1.82% | -1.04% | 0.29% | -0.48% | -0.28% | -0.29% | 0.57% | -0.01% | 0.68% | 0.38% | 0.48% | 0.67% | 2.79% |
| 2014 | 2.48% | 1.33% | 0.32% | 1.41% | 1.48% | 0.01% | -0.28% | 1.47% | 0.20% | 0.69% | -0.10% | 0.68% | 10.09% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ETCTX is 38, 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 Connecticut Municipal Income Fund (ETCTX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Eaton Vance Connecticut Municipal Income Fund provided a 3.04% dividend yield over the last twelve months, with an annual payout of $0.29 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.29 | $0.29 | $0.26 | $0.22 | $0.23 | $0.26 | $0.29 | $0.31 | $0.33 | $0.34 | $0.35 | $0.38 |
Dividend yield | 3.04% | 3.04% | 2.69% | 2.42% | 2.22% | 2.54% | 2.87% | 3.12% | 3.21% | 3.32% | 3.42% | 3.61% |
Monthly Dividends
The table displays the monthly dividend distributions for Eaton Vance Connecticut Municipal Income 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 | $0.02 | $0.00 | $0.02 | ||||||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.29 |
| 2023 | $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 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2020 | $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 |
| 2019 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.02 | $0.29 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
| 2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.35 |
| 2014 | $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 |
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 Connecticut Municipal Income 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 Connecticut Municipal Income Fund was 18.35%, occurring on Dec 15, 2008. Recovery took 178 trading sessions.
The current Eaton Vance Connecticut Municipal Income Fund drawdown is 1.18%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.35% | Jan 17, 2008 | 230 | Dec 15, 2008 | 178 | Aug 31, 2009 | 408 |
| -12.64% | Aug 6, 2021 | 308 | Oct 25, 2022 | 484 | Sep 30, 2024 | 792 |
| -10.11% | Mar 10, 2020 | 9 | Mar 20, 2020 | 96 | Aug 6, 2020 | 105 |
| -9.73% | Dec 5, 2012 | 189 | Sep 5, 2013 | 231 | Aug 6, 2014 | 420 |
| -7.2% | Oct 15, 2010 | 65 | Jan 18, 2011 | 123 | Jul 14, 2011 | 188 |
Volatility
Volatility Chart
The current Eaton Vance Connecticut Municipal Income Fund volatility is 1.06%, 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.