Eaton Vance AMT-Free Municipal Income Fund (EVMBX)
The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in obligations issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies or instrumentalities, the interest on which is exempt from regular federal income tax. It normally acquires municipal obligations with maturities of ten years or more, but may acquire municipal obligations with shorter maturities or that are subject to shorter call provisions.
Fund Info
US2779117496
277911749
Mar 15, 1978
$1,000,000
Expense Ratio
EVMBX has an expense ratio of 0.54%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Eaton Vance AMT-Free Municipal Income Fund (EVMBX) returned -2.34% year-to-date (YTD) and 1.12% over the past 12 months. Over the past 10 years, EVMBX returned 1.96% annually, underperforming the S&P 500 benchmark at 10.84%.
EVMBX
-2.34%
-0.02%
-3.59%
1.12%
1.26%
0.08%
1.96%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of EVMBX, 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 | 0.32% | 1.01% | -2.14% | -0.71% | -0.82% | -2.34% | |||||||
| 2024 | -0.24% | -0.02% | -0.02% | -1.26% | -0.02% | 1.71% | 0.78% | 0.90% | 1.21% | -1.46% | 1.79% | -1.80% | 1.49% |
| 2023 | 3.41% | -2.71% | 2.38% | 0.08% | -0.71% | 1.00% | 0.20% | -1.49% | -3.70% | -1.70% | 8.20% | 2.82% | 7.47% |
| 2022 | -3.22% | -0.58% | -3.46% | -3.37% | 1.15% | -2.13% | 2.62% | -2.15% | -4.21% | -1.57% | 5.47% | -0.51% | -11.72% |
| 2021 | 0.74% | -2.17% | 0.75% | 1.34% | 0.62% | 0.32% | 0.91% | -0.45% | -0.93% | -0.27% | 1.12% | 0.22% | 2.15% |
| 2020 | 2.08% | 1.55% | -3.32% | -2.83% | 3.48% | 1.17% | 1.86% | -0.51% | -0.32% | -0.33% | 1.86% | 0.75% | 5.35% |
| 2019 | 0.63% | 0.74% | 1.56% | 0.62% | 1.43% | 0.31% | 0.91% | 1.69% | -0.78% | -0.01% | 0.30% | 0.20% | 7.84% |
| 2018 | -0.88% | -0.17% | 0.34% | -0.08% | 1.05% | 0.23% | 0.35% | 0.02% | -0.39% | -0.60% | 0.74% | 0.83% | 1.43% |
| 2017 | 0.37% | 0.57% | 0.15% | 0.66% | 1.46% | -0.17% | 0.65% | 0.84% | -0.07% | -0.07% | -0.27% | 0.94% | 5.17% |
| 2016 | 0.83% | -0.25% | 0.74% | 0.92% | 0.43% | 1.59% | -0.25% | 0.42% | -0.55% | -0.93% | -3.50% | 0.96% | 0.31% |
| 2015 | 1.73% | -1.29% | 0.45% | -0.54% | -0.24% | -0.15% | 0.56% | 0.46% | 0.46% | 0.66% | 0.75% | 1.15% | 4.05% |
| 2014 | 2.76% | 1.74% | 0.80% | 2.01% | 1.79% | -0.03% | 0.27% | 1.76% | 0.56% | 0.45% | -0.13% | 0.94% | 13.66% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of EVMBX is 14, meaning it’s performing worse than 86% of other mutual funds on our website when it comes to balancing risk and reward. Below is 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 AMT-Free Municipal Income Fund (EVMBX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Eaton Vance AMT-Free Municipal Income Fund provided a 4.06% dividend yield over the last twelve months, with an annual payout of $0.34 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.34 | $0.34 | $0.33 | $0.29 | $0.29 | $0.33 | $0.37 | $0.39 | $0.41 | $0.41 | $0.43 | $0.45 |
Dividend yield | 4.06% | 3.86% | 3.68% | 3.33% | 2.81% | 3.20% | 3.66% | 3.99% | 4.12% | 4.15% | 4.22% | 4.36% |
Monthly Dividends
The table displays the monthly dividend distributions for Eaton Vance AMT-Free 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 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.12 | |||||||
| 2024 | $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 |
| 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 | $0.33 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.29 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.29 |
| 2020 | $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 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.39 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.41 |
| 2016 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.41 |
| 2015 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.43 |
| 2014 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.45 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Eaton Vance AMT-Free 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 AMT-Free Municipal Income Fund was 32.25%, occurring on Dec 16, 2008. Recovery took 193 trading sessions.
The current Eaton Vance AMT-Free Municipal Income Fund drawdown is 6.28%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.25% | Mar 6, 2007 | 450 | Dec 16, 2008 | 193 | Sep 23, 2009 | 643 |
| -16.71% | Aug 6, 2021 | 308 | Oct 25, 2022 | — | — | — |
| -15.24% | Mar 9, 1987 | 161 | Oct 19, 1987 | 75 | Feb 1, 1988 | 236 |
| -12.91% | Oct 13, 2010 | 66 | Jan 14, 2011 | 174 | Sep 23, 2011 | 240 |
| -12.2% | Feb 1, 1994 | 210 | Nov 21, 1994 | 121 | May 9, 1995 | 331 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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