Eaton Vance Intermediate Municipal Income ETF
$50.62+0.12 (+0.24%)
- 0.11%
- $363M
- −0.9%
- 3.66%
- 0.1M sh
- $50.37
- low $49.91high $54.21
The ETF.net EVIM Grade
A
Score 76 out of 100
- 3 of 20
Score 76 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A89 out of 100Rank 3 of 20Mission
Whether the fund did what it promised, tested against its stated mandate.A99 out of 100Rank 2 of 19Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B56 out of 100Rank 6 of 20Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B55 out of 100Rank 11 of 20Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C53 out of 100Rank 11 of 20Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C54 out of 100Rank 9 of 20
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
- 324
- 14%
- California 5.5% 12/33
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.
Not enough history yet.Not enough history yet.Not enough history yet.
EVIM$9,913
Returns run to the Oct 12, 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 | −2.3% |
| 1 month | −1.4% |
| 3 months | −4.1% |
| 1 year | −0.9% |
| 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 | −2.3% | |
| 2025 | +5.8% | |
| 2024 | +2.0% | |
| 2023 | +6.9% |
EVIM in the news
EVIM Dividends
- 3.66%
- $1.85
- $0.15 per share
- Monthly
Distribution history
EVIM Risk
- 5.1%
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.
- −0.09
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.
- −5.9%
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.
- 0.25
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.
Other funds in Intermediate Municipal Bonds
- ATAXINorthern Trust Intermediate Tax-Exempt Bond ETFExpense ratio 0.05%1 year return −0.2%
- AITMVanEck Intermediate Muni ETFExpense ratio 0.18%1 year return −2.4%
- ACAMAlliance Bernstein - AB California Intermediate Municipal ETFExpense ratio 0.27%1 year return −0.6%
- ATAXET. Rowe Price Intermediate Municipal Income ETFExpense ratio 0.24%1 year return −0.8%
- BTAFMAlliance Bernstein - AB Tax-Aware Intermediate Municipal ETFExpense ratio 0.28%1 year return −2.3%