Fund Description
The Fund provides a rules-based, approximately equal-weighted approach to municipal investing with the objective of seeking current income exempt from regular federal income tax. The structure is designed to provide investors with a smart-beta , 1 core exposure to the municipal market. For investors concerned about rising interest rates, a rules-based, laddered strategy may provide investors with predictability of income. The Fund can be an investor s core exposure to the municipal market or serve as a complement to a broader municipal portfolio.
Fund Profile
Fund Name Eaton Vance TABS 5 to 15 Year Laddered Municipal NextShares
Fund Exchange Ticker EVLMC
Fund Sponsor Eaton Vance
Fund ISIN US27830Y8075
Net Expense Ratio 0.35 %
Fund Inception Date 30 March 2016
Fund Legal Structure ETMF
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Municipal
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Municipal
Credit Quality Investment Grade Only
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 22 October 2020
Asset Under Management 7.47 Million (USD)
1 Month Total Return 0.18 %
Year To Date Return 1.84 %
1 Year Total Return 2.03 %
3 Year Annualized Total Return 2.14 %
NAV 10.67
Share Outstanding 700,000
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting