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Trending ETFs

Eaton Vance TABS 5-to-15 Year Laddered Municipal Bond NextShares™

Active ETF
EVLMC
Payout Change
Pending
Price as of:
$99.96 -0.06 -0.06%
primary theme
Municipal Bond
EVLMC (ETF)

Eaton Vance TABS 5-to-15 Year Laddered Municipal Bond NextShares™

Payout Change
Pending
Price as of:
$99.96 -0.06 -0.06%
primary theme
Municipal Bond
EVLMC (ETF)

Eaton Vance TABS 5-to-15 Year Laddered Municipal Bond NextShares™

Payout Change
Pending
Price as of:
$99.96 -0.06 -0.06%
primary theme
Municipal Bond

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$99.96

$1.21 M

0.19%

$0.19

0.35%

Vitals

YTD Return

-0.1%

1 yr return

-8.6%

3 Yr Avg Return

0.3%

5 Yr Avg Return

1.7%

Net Assets

$1.21 M

Holdings in Top 10

12.8%

52 WEEK LOW AND HIGH

$100.0
$99.96
$100.04

Expenses

OPERATING FEES

Expense Ratio 0.35%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 22.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Muni National Interm


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$99.96

$1.21 M

0.19%

$0.19

0.35%

EVLMC - Profile

Distributions

  • YTD Total Return -0.1%
  • 3 Yr Annualized Total Return 0.3%
  • 5 Yr Annualized Total Return 1.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.73%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Eaton Vance TABS 5-to-15 Year Laddered Municipal Bond NextShares™
  • Fund Family Name
    Eaton Vance
  • Inception Date
    Mar 30, 2016
  • Shares Outstanding
    125000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James Evans

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal obligations with final maturities of between five and fifteen years, the interest on which is exempt from regular federal income tax (the “80% Policy”).


EVLMC - Performance

Return Ranking - Trailing

Period EVLMC Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -88.5% 9.3% 8.80%
1 Yr -8.6% -20.5% 20.4% 83.13%
3 Yr 0.3%* -6.2% 10.4% 52.44%
5 Yr 1.7%* -3.5% 5.7% 39.78%
10 Yr N/A* -0.6% 8.3% N/A

* Annualized

Return Ranking - Calendar

Period EVLMC Return Category Return Low Category Return High Rank in Category (%)
2021 0.1% -91.1% 101.7% 29.29%
2020 -0.1% -79.8% 310.0% 86.34%
2019 0.1% -72.6% 15.4% 73.54%
2018 N/A -57.4% 97.2% 100.00%
2017 -100.0% -100.0% 6.8% 100.00%

Total Return Ranking - Trailing

Period EVLMC Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -88.5% 9.3% 8.79%
1 Yr -8.6% -24.2% 24.2% 69.78%
3 Yr 0.3%* -7.0% 11.7% 48.48%
5 Yr 1.7%* -4.0% 5.7% 32.95%
10 Yr N/A* -0.6% 8.3% N/A

* Annualized

Total Return Ranking - Calendar

Period EVLMC Return Category Return Low Category Return High Rank in Category (%)
2021 0.1% -91.1% 101.7% 29.41%
2020 -0.1% -79.8% 310.0% 86.34%
2019 0.1% -72.6% 15.4% 73.55%
2018 0.0% -57.4% 97.2% 21.05%
2017 -0.1% -48.8% 7.0% 69.49%

EVLMC - Holdings

Concentration Analysis

EVLMC Category Low Category High EVLMC % Rank
Net Assets 1.21 M 1.21 M 75.6 B 100.00%
Number of Holdings 544 1 14000 17.11%
Net Assets in Top 10 112 M -317 M 8.43 B 26.39%
Weighting of Top 10 12.77% 1.8% 100.0% 79.63%

Top 10 Holdings

  1. BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4% 2.14%
  2. KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% 1.99%
  3. TRIBOROUGH BRDG & TUNL AUTH N Y REVS 5% 1.86%
  4. ILLINOIS ST 5% 1.51%
  5. SEATTLE WASH MUN LT & PWR REV 4% 1.46%
  6. KENTUCKY ECONOMIC DEV FIN AUTH REV 2% 1.46%
  7. NEW YORK N Y 5% 1.45%
  8. LONG IS PWR AUTH N Y ELEC SYS REV 4% 1.40%
  9. MASSACHUSETTS ST HEALTH & EDL FACS AUTH 0.66% 1.29%
  10. NEW JERSEY ST 5% 1.25%

Asset Allocation

Weighting Return Low Return High EVLMC % Rank
Bonds
94.80% 46.14% 148.60% 87.93%
Cash
5.20% -48.59% 53.86% 11.96%
Stocks
0.00% -0.90% 4.63% 75.65%
Preferred Stocks
0.00% -3.40% 0.05% 72.78%
Other
0.00% -2.81% 30.01% 73.48%
Convertible Bonds
0.00% 0.00% 0.50% 73.86%

Bond Sector Breakdown

Weighting Return Low Return High EVLMC % Rank
Municipal
94.80% 45.33% 100.00% 86.27%
Cash & Equivalents
5.20% 0.00% 53.86% 12.70%
Derivative
0.00% 0.00% 24.85% 73.77%
Securitized
0.00% 0.00% 7.06% 74.14%
Corporate
0.00% 0.00% 11.10% 77.98%
Government
0.00% 0.00% 51.39% 75.67%

Bond Geographic Breakdown

Weighting Return Low Return High EVLMC % Rank
US
94.80% 0.00% 142.23% 74.27%
Non US
0.00% 0.00% 100.00% 90.76%

EVLMC - Expenses

Operational Fees

EVLMC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.35% 0.02% 3.79% 70.55%
Management Fee 0.32% 0.00% 1.60% 19.25%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.44% N/A

Sales Fees

EVLMC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 4.90% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

EVLMC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

EVLMC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 22.00% 0.00% 270.00% 65.80%

EVLMC - Distributions

Dividend Yield Analysis

EVLMC Category Low Category High EVLMC % Rank
Dividend Yield 0.19% 0.00% 35.27% 73.81%

Dividend Distribution Analysis

EVLMC Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

EVLMC Category Low Category High EVLMC % Rank
Net Income Ratio 1.73% -0.53% 24.00% 63.98%

Capital Gain Distribution Analysis

EVLMC Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

EVLMC - Fund Manager Analysis

Managers

James Evans


Start Date

Tenure

Tenure Rank

Mar 30, 2016

6.09

6.1%

Jim is a member of Parametric’s Executive Committee and directs all aspects of Parametric’s Fixed Income Strategies. He joined the firm in 2008 (originally with Eaton Vance, before its Tax-Advantaged Bond Strategies business shifted to Parametric in 2019). Previously he had managed municipal bond portfolios for clients at M.D. Sass. Prior to that, he was vice president of municipal arbitrage at Kidder, Peabody & Company and a municipal bond trader and underwriter at Continental Bank and Mellon Bank. Jim’s commentary has appeared in Bloomberg, the Bond Buyer, and Barron’s, among other publications. He earned a BS in engineering from Cornell University and is a CFA charterholder.

Brian Barney


Start Date

Tenure

Tenure Rank

Mar 30, 2016

6.09

6.1%

Mr. Barney is a Managing Director, Institutional Portfolio Management of Parametric..Brian C. Barney was Vice President of Eaton Vance and had been managing the Fund since June 2010. Prior to joining Eaton Vance in 2008, Mr. Barney was employed at M.D. Sass from 2001-2008. Brian C. Barney holds a BS from University of Virginia and a CFA.

Devin Cooch


Start Date

Tenure

Tenure Rank

Nov 02, 2021

0.49

0.5%

Devin Cooch is a Vice President and Portfolio Manager for Eaton Vance Management. Prior to joining Eaton Vance in 2009, Mr. Cooch was employed by M.D. Sass. Mr. Cooch holds a BA in economics from Bucknell University and is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 34.97 7.08 1.49