Eaton Vance CT Municipal Income A
ETCTX
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
- Apr 21, 1994
- CIK
- 0000778365
- Website
- eatonvance.com
- Similar Companies
- Business
- Eaton Vance Connecticut Municipal Income Fund Class A (ETCTX) is an open-end mutual fund managed by Eaton Vance Management, a member of Morgan Stanley Investment Management, that seeks current income exempt from regular federal income tax and Connecticut state personal income tax by investing primarily in a diversified portfolio of municipal obligations issued by or on behalf of the State of Connecticut and its political subdivisions; these include general obligation bonds, revenue bonds supported by specific revenues such as those from health and educational facilities authorities, bridge authorities, and other municipal sectors; the fund normally invests at least 80% of its net assets in such Connecticut municipal securities, with a portfolio typically comprising around 188 holdings, an average effective maturity of approximately 12 years, average duration of 6.28 years, and allocations heavily weighted toward municipal tax-exempt bonds (95.70%), municipal taxable bonds (2.91%), and cash equivalents (1.39%). The fund targets investors seeking tax-advantaged income, including those subject to the federal alternative minimum tax on a portion of distributions, and operates within the Muni Single State Intermediate category with total net assets of approximately $137.82 million, a net expense ratio of 0.71% for Class A shares, a minimum initial investment of $1,000, and a front-end load of 3.25%. Launched on April 19, 1994 (with performance inception May 1, 1992), the fund is domiciled in the United States with primary operations focused on the Connecticut municipal bond market and benchmarked against the Bloomberg Municipal Bond Index. In recent developments, effective August 17, 2023, Carl Thompson, CFA, joined Trevor G. Smith as co-portfolio manager for the fund, enhancing the management team with Thompson's 14 years of industry experience since joining Eaton Vance in 2011; Smith has managed the fund since December 31, 2019, with 17 years of experience. Eaton Vance itself was acquired by Morgan Stanley in a $7 billion transaction completed in 2021, integrating the fund into Morgan Stanley Investment Management and expanding distribution capabilities through Morgan Stanley's wealth management channels while maintaining Eaton Vance's specialized municipal bond expertise. The fund continues monthly distributions, with a recent SEC 30-day yield of 2.87% for Class A shares as of September 30, 2025, and no major acquisitions, new product launches, or strategic shifts specific to ETCTX reported in the last 1-2 years beyond ongoing active management and credit monitoring by Eaton Vance's municipal bond team.