Overview
Description
Eaton Vance International Municipal Income Fund is a closed-end fund designed to provide investors with exposure to a diversified portfolio of international municipal bonds. Its primary purpose is to generate high current income while providing relative stability in the value of its underlying assets. The fund invests predominantly in municipal securities issued by non-U.S. governments or governmental entities, offering a unique opportunity for investors seeking geographic diversification and potentially tax-advantaged income. By focusing on municipal bonds from a variety of countries, the fund aims to tap into markets where local government projects, infrastructure development, and public services require funding, thereby influencing multiple sectors such as healthcare, education, and transportation. Eaton Vance International Municipal Income Fund plays a significant role in the financial markets by offering investors access to a niche area within fixed income markets often characterized by less volatility compared to corporate bonds. With a strategic emphasis on high-quality, international municipal bonds, the fund is an essential component for investors seeking to broaden their fixed-income portfolio beyond domestic boundaries.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
United States
MIC code
ARCX