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ECMMX Eaton Vance MA Municipal Income C

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Fund ECMMX Eaton Vance MA Municipal Income C VMATX Vanguard MA Tax-Exempt Inv FDMMX Fidelity® Massachusetts Municipal Income  
Similarity
?
100% 94% 98%
Annual Fees
?
$150.08
(1.47% Exp. Ratio)
$16.33
(0.16% Exp. Ratio)
$46.96
(0.46% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.09% annual return
$11,934.19 $17,736.82 $16,205.70
Est. savings over 30 yrs +$5,802.63 +$4,271.50
Return
As of 10/31/16
1 YR RETURN 3.09%
3 YR 4.68%
5 YR 4.11%
10 YR 2.62%
1 YR RETURN 4.55%
3 YR 5.52%
5 YR 4.52%
10 YR 4.41%
1 YR RETURN 4.24%
3 YR 5.22%
5 YR 4.41%
10 YR 4.43%
Description
The investment seeks current income exempt from regular federal income tax and Massachusetts state personal income taxes. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal obligations that are exempt from regular federal income tax and the state taxes specified in the fund's investment objective. It is non-diversified.
The investment seeks a high level of current income that is exempt from both federal and Massachusetts personal income taxes. The fund invests primarily in high-quality municipal bonds issued by Massachusetts state and local governments, as well as by regional governmental and public financing authorities. Under normal circumstances, at least 80% of its assets will be invested in securities whose income is exempt from federal and Massachusetts state taxes. Although the fund has no limitations on the maturities of individual securities, its dollar-weighted average maturity is expected to be between 10 and 25 years. It is non-diversified.
The investment seeks a high level of current income, exempt from federal income tax and Massachusetts personal income tax. The fund invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and Massachusetts personal income taxes. It allocates assets across different market sectors and maturities. The fund potentially invests more than 25% of total assets in municipal securities that finance similar types of projects. It is non-diversified.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

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Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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