Eaton Vance Intermediate Municipal Income ETF
$50.78−0.36 (−0.70%)
History starts Oct 19, 2023.
- Expense ratio
- 0.11%
- Fund size
- $301M
- 1Y return
- +0.3%
- Yield · Last 12 months
- 3.64%
- Holdings
- 299
- Volume · 30D
- 0M sh
- NAV per share
- $51.09
- 52W range
The ETF.net EVIM Grade
Score 73 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 89Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 98Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 56Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 46Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 44Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 48Category rank
Our read on EVIM
AActive muni management at index-fund pricing. Eaton Vance charges 0.11% for a federally tax-exempt, intermediate-maturity bond portfolio built by bond pickers instead of copied from a benchmark.
The fund seeks income through a diversified portfolio of debt securities whose interest is exempt from regular federal income tax, with at least 80% of assets committed to that municipal-bond strategy.
Why people hold it
- Charges 0.11% a year against a roughly 0.30% muni-ETF median. That is a hands-on bond desk priced in index-fund territory.
- At least 80% of assets go to munis whose interest is exempt from regular federal income tax, with room for up to 20% in taxable munis and Treasuries.aaii.com
- Income lands monthly, and the core of it escapes regular federal income tax.
- Diversified core muni exposure across sectors, states and credit tiers, and one of the stronger implementations in a crowded tax-exempt bond field.eatonvance.com
Worth knowing
- Index rivals cost less: VTEB and SCMB at 0.03%, MUB at 0.05%. The gap is what the active team costs.
- Trades lighter than the household-name index munis, so spreads can widen and limit orders matter more.
- Launched in 2023, so the record is short, and results trace back to the manager's bond selection rather than a published index.aaii.com
EVIM Holdings
- Other
- 299
- 15%
- BLACKROCK LIQUIDITY FUNDS
Geography
- United States100.00%
EVIM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
EVIM$10,032
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | EVIM |
|---|---|
| Year to date | −1.5% |
| 1 month | −2.2% |
| 3 months | −3.2% |
| 1 year | +0.3% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | EVIM |
|---|---|---|
| 2026 YTD | −1.5% | |
| 2025 | +5.8% | |
| 2024 | +2.0% | |
| 2023 | +6.9% |
EVIM in the news
EVIM Dividends
- 3.64%
- $1.86
- $0.16 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 31, 2026 | Sep 4, 2026 | $0.16 |
| Jul 31, 2026 | Aug 6, 2026 | $0.16 |
| Jun 30, 2026 | Jul 7, 2026 | $0.16 |
| May 29, 2026 | Jun 4, 2026 | $0.14 |
| Apr 30, 2026 | May 6, 2026 | $0.16 |
| Mar 31, 2026 | Apr 7, 2026 | $0.16 |
| Feb 27, 2026 | Mar 5, 2026 | $0.14 |
| Jan 30, 2026 | Feb 5, 2026 | $0.15 |
| Dec 23, 2025 | Dec 30, 2025 | $0.16 |
| Nov 28, 2025 | Dec 4, 2025 | $0.15 |
| Oct 31, 2025 | Nov 6, 2025 | $0.17 |
| Sep 30, 2025 | Oct 6, 2025 | $0.16 |
EVIM Risk
- 4.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.18
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −4.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.23
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EVIM Cost
0.11%
EVIM0.11%
- The middle half of Intermediate Municipal Bonds funds
- Median 0.35%
1 of the 19 Intermediate Municipal Bonds funds charge less.