Eaton Vance New York Municipal Opportunities Fund

Eaton Vance New York Municipal Opportunities Fund is a mutual fund specializing in investments within the New York municipal bond market. The fund's primary objective is to provide investors with current income that is exempt from federal, New York State, and New York City personal income taxes. It maintains a diversified portfolio, predominantly composed of municipal bonds issued by various sectors including special tax revenue, transportation, general obligation, housing, hospital, and education. The strategy is highly flexible, permitting investments across a range of credit qualities—from AAA to non-investment grade—and maturities, enabling the fund to adapt to shifting market conditions and uncover value opportunities. The average coupon on its holdings is around 4.33%, with a significant portion of assets allocated to high-quality (AA and above) bonds, and an average effective maturity of 8.86 years. By focusing on tax-advantaged income and broad sector allocation within the municipal market, the fund plays a crucial role for investors seeking federally and locally tax-exempt fixed income solutions, while also supporting infrastructure and public projects across New York State.