Eaton Vance AZ Municipal Income A
ETAZX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- Boston, MA 02110 Boston MA United States of America 02110
- IPO Date
- Dec 20, 1993
- CIK
- 0000778365
- Website
- eatonvance.com
- Similar Companies
- Business
- Eaton Vance Arizona Municipal Income Fund Class A (ETAZX) is an open-end mutual fund that seeks current income exempt from regular federal income tax and Arizona state personal income tax through a credit-focused portfolio of Arizona municipal bonds. The fund invests primarily in investment-grade municipal obligations, including general obligations, revenue bonds, and pre-refunded securities issued by Arizona state, local governments, school districts, hospitals, universities, and utilities; top sectors encompass education, insured general obligations, special tax revenue, housing, hospitals, water and sewer, industrial development revenue, electric utilities, and transportation, with top holdings such as Maricopa County School District No 3 Tempe Elementary, Navajo County Unified School District No 27 Kayenta, and Banner Health Obligated Group. It offers multiple share classes, including Class A (ETAZX, 0.73% expense ratio, 3.25% front-end load, $1,000 minimum initial investment), Class I (EIAZX, 0.53% expense ratio, $1,000,000 minimum), and Class C (ECAZX); as of mid-2025, the fund maintains total net assets of approximately $94-101 million, an average effective maturity of 11.22 years, average duration of 8.02 years, 108 holdings, and a portfolio credit quality dominated by AA (52%) and AAA (19%) ratings. Eaton Vance, the fund's adviser with roots dating to 1924 and headquartered in Boston, Massachusetts, leverages its extensive municipal bond expertise for active management; the fund, with performance inception in 1991 and Class A launched December 13, 1993, primarily serves U.S. retail and institutional investors seeking tax-advantaged fixed income exposure concentrated in the Muni Single State Intermediate category. In a key recent development, Carl Thompson, CFA, joined Trevor G. Smith as co-portfolio manager effective August 17, 2023, enhancing the team's industry experience of over 15 years each; the fund operates under Morgan Stanley Investment Management following Eaton Vance's acquisition by Morgan Stanley in March 2021, which bolstered distribution and capabilities without specific operational shifts to this fund in the last 1-2 years.