Eaton Vance Massachusetts Municipal Income Trust (MMV)
Frequently Asked Questions About Eaton Vance Massachusetts Municipal Income Trust (MMV)
Can MMV be held in retirement accounts?
Yes, shares of Eaton Vance Massachusetts Municipal Income Trust can generally be held in tax-advantaged accounts such as IRAs and 401(k)s. However, investors should consult with their financial advisor to understand any specific regulations or strategies related to tax-exempt investments in retirement accounts.
Does MMV have a stated duration or maturity profile?
Eaton Vance Massachusetts Municipal Income Trust maintains a portfolio with varying durations and maturities based on market conditions and investment strategy. Generally, municipal bond funds like MMV seek to balance interest rate risks by including a mix of short-term, medium-term, and long-term bonds.
How can investors purchase shares of MMV?
Investors can purchase shares of Eaton Vance Massachusetts Municipal Income Trust through a brokerage account, just like they would with any other publicly traded stock or fund. Shares can typically be bought and sold on the Nasdaq exchange during regular market hours.
How does MMV align with socially responsible investing?
Eaton Vance Massachusetts Municipal Income Trust may align with socially responsible investing by focusing on municipal bonds that fund essential public services like education, infrastructure, and healthcare projects. Investors with a focus on ethical considerations can find value in supporting community-oriented projects through municipal bond investments.
How is the distribution yield of MMV calculated?
The distribution yield of Eaton Vance Massachusetts Municipal Income Trust is calculated by taking the annualized dividends paid by the trust and dividing that figure by the current market price of its shares. This yield gives investors an idea of the income they can expect relative to the investment they are making.
How often does Eaton Vance Massachusetts Municipal Income Trust pay distributions?
Eaton Vance Massachusetts Municipal Income Trust typically pays distributions to its shareholders on a monthly basis. These distributions often include income generated from the interest of the municipal bonds held within the portfolio.
How often does Eaton Vance update its shareholders about MMV?
Eaton Vance regularly updates shareholders of the Massachusetts Municipal Income Trust through periodic reports, monthly distribution announcements, and annual shareholder meetings. These communications help keep investors informed about portfolio performance, investment strategy, and market outlook.
Is MMV suitable for all investors?
While Eaton Vance Massachusetts Municipal Income Trust can be a suitable investment for individuals seeking tax-exempt income, it may not be appropriate for all investors. Those who are not subject to income tax or who have an investment strategy focusing on other areas may find it less beneficial. Understanding individual investment goals is essential.
What are the benefits of investing in MMV?
Investing in Eaton Vance Massachusetts Municipal Income Trust offers several benefits, including tax-exempt income, a diversified portfolio of municipal bonds, and experienced management. Additionally, investors may gain exposure to municipal markets in Massachusetts, benefitting from the relative safety and stability historically associated with these types of securities.
What is Eaton Vance Massachusetts Municipal Income Trust?
Eaton Vance Massachusetts Municipal Income Trust (Nasdaq: MMV) is a closed-end management investment company that primarily invests in municipal bonds issued by the Commonwealth of Massachusetts and its political subdivisions. The trust aims to provide shareholders with a high level of current income that is exempt from federal and Massachusetts income taxes.
What is the expense ratio of MMV?
The expense ratio of Eaton Vance Massachusetts Municipal Income Trust represents the costs associated with managing the fund's operations relative to its average net assets. It includes management fees and other expenses, which can impact investor returns. As of the last reported data, investors should check the current ratio directly from Eaton Vance's official resources or financial statements.
What is the historical performance of MMV?
The historical performance of Eaton Vance Massachusetts Municipal Income Trust can be evaluated through its returns over various time periods. While past performance is not indicative of future results, investors often review performance metrics and benchmarks to judge the trust's effectiveness in achieving its income objectives.
What is the investment objective of MMV?
The investment objective of Eaton Vance Massachusetts Municipal Income Trust is to provide a high level of current income that is exempt from federal and Massachusetts state income taxes. The trust aims to achieve this objective by investing primarily in a diversified portfolio of Massachusetts municipal securities.
What risks are associated with investing in MMV?
Investing in Eaton Vance Massachusetts Municipal Income Trust carries certain risks, including interest rate risk, credit risk, and market risk. Changes in interest rates can affect the value of the trust’s holdings, and economic shifts can impact the credit quality of the underlying municipal bonds. Investors should consider these factors before investing.
What tax implications should investors consider with MMV?
Because Eaton Vance Massachusetts Municipal Income Trust primarily invests in tax-exempt municipal securities, the income generated by the trust is generally exempt from federal and Massachusetts state income taxes. However, investors should also be aware of other tax considerations, such as capital gains and the implications of potential investments in non-exempt sectors.
What tools does Eaton Vance provide for MMV shareholders?
Eaton Vance offers various resources and tools for shareholders of MMV, including performance reports, distribution information, and detailed portfolio composition. These tools help investors track their investments and understand how market trends may impact their holdings.
What types of investments does MMV focus on?
MMV primarily focuses on investing in investment-grade municipal securities issued by various municipalities, states, and authorities in Massachusetts. These securities include bonds, notes, and other debt instruments that are typically used to fund public projects, such as infrastructure development and education.
When was Eaton Vance Massachusetts Municipal Income Trust established?
Eaton Vance Massachusetts Municipal Income Trust was established in 1990. Since its inception, the trust has focused on investing in tax-exempt municipal securities to meet the needs of investors seeking income that is free from federal and Massachusetts state income taxes.
Who manages Eaton Vance Massachusetts Municipal Income Trust?
Eaton Vance Massachusetts Municipal Income Trust is managed by Eaton Vance Management, a well-known investment management firm with extensive experience in managing fixed-income portfolios, particularly in the municipal bond sector. Their professional team employs rigorous credit analysis and monitoring to manage the trust's investments effectively.
What is the current price of Eaton Vance Massachusetts Municipal Income Trust?
The current price of Eaton Vance Massachusetts Municipal Income Trust is 0.4800
When was Eaton Vance Massachusetts Municipal Income Trust last traded?
The last trade of Eaton Vance Massachusetts Municipal Income Trust was at 4:00 pm EST on January 8th, 2025