Eaton Vance Intermediate Municipal Income ETF (EVIM) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 0.26: the stock has moved about 74% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 18, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerEaton Vance Intermediate Municipal Income ETF (EVIM) trades at $50.39. Eaton Vance Intermediate Municipal Income ETF focuses on providing current income exempt from regular federal income tax by investing primarily in intermediate-term municipal obligations. Sector: Financials.
Price as of · Last analyzed: Mar 18, 2026Analyst Coverage for EVIM: EVIM does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
Eaton Vance Intermediate Municipal Income ETF (EVIM) Financial Services Profile
Eaton Vance Intermediate Municipal Income ETF (EVIM) is a closed-end fund specializing in U.S. fixed income markets, focusing on intermediate-term municipal obligations to provide tax-exempt income. With a market cap of $0.11 billion and a beta of 0.26, EVIM offers a relatively stable investment option within the asset management sector.
What Is the Investment Thesis for EVIM?
Eaton Vance Intermediate Municipal Income ETF (EVIM) presents a focused investment strategy targeting tax-exempt income through municipal bonds. With a market capitalization of $0.11 billion and a beta of 0.26, EVIM offers a relatively stable investment option. The primary value driver is the fund's ability to generate consistent, tax-advantaged income for investors in a low-interest-rate environment. Growth catalysts include increased demand for tax-efficient investment solutions and strategic allocation to higher-yielding municipal bonds within its portfolio. A potential risk factor is the sensitivity to interest rate changes, which could impact the fund's net asset value. Monitoring the fund's expense ratio and its ability to maintain a competitive yield compared to peers is crucial for assessing its long-term performance.
Based on FMP financials and quantitative analysis
EVIM Key Highlights
The fund invests at least 80% of its net assets in municipal obligations, offering tax-exempt income.
- Up to 20% of net assets can be allocated to other debt obligations, including U.S. Treasury securities.
- EVIM's investment objective is to provide current income exempt from regular federal income tax.
- The fund operates as a closed-end management investment company.
- The fund has a beta of 0.26, indicating relatively low volatility compared to the broader market.
Who Are EVIM's Competitors?
EVIM is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| EETH ProShares - Ether ETF | $32.60 | +1.53% | $76.4M | — |
| FAAR First Trust Alternative Absolute Return Strategy ETF | $31.91 | -0.75% | $207M | — |
| FVC First Trust Dorsey Wright Dynamic Focus 5 ETF | $43.08 | +0.80% | $121M | — |
| GSEU Goldman Sachs ActiveBeta Europe Equity ETF | $47.11 | -0.73% | $114M | — |
| ISRA VanEck Israel ETF | $67.16 | +0.25% | $162M | — |
| BLK BlackRock, Inc. | $1066.45 | +0.64% | $164B | 51 5-pillar |
| BX Blackstone Inc. | $111.64 | -0.09% | $136B | 68 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | 0.00% | $74.8B | 56 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are EVIM's Key Strengths?
Tax-exempt income generation.
- Focus on intermediate-term municipal obligations.
- Eaton Vance's expertise in fixed-income markets.
- Relatively low volatility (beta of 0.26).
What Are EVIM's Weaknesses?
Sensitivity to interest rate changes.
- Limited growth potential compared to equity funds.
- Dependence on the municipal bond market.
- Potential for credit risk in municipal bond holdings.
What Are the Key Risks for EVIM?
Changes in tax laws could reduce the attractiveness of municipal bonds.
- Rising interest rates could negatively impact the fund's net asset value.
- Economic downturn could affect the creditworthiness of municipal bond issuers.
- Competition from other fixed-income funds could limit growth.
What Are EVIM's Competitive Advantages?
- Eaton Vance's expertise in fixed-income markets.
- Focus on tax-exempt municipal bonds.
- Established track record in managing municipal bond funds.
- Access to a wide range of municipal bond issuers.
What Does EVIM Do?
Eaton Vance Intermediate Municipal Income ETF (EVIM) is a closed-end management investment company. The fund's primary objective is to provide current income that is exempt from regular federal income tax, consistent with prudent investment management. EVIM achieves this by investing at least 80% of its net assets, plus any borrowings for investment purposes, in municipal obligations. These municipal obligations are those where the interest is exempt from regular federal income tax, making it a noteworthy option for investors seeking tax-advantaged income. The fund may allocate up to 20% of its net assets to other debt obligations, which can include taxable municipal obligations, U.S. Treasury securities, and obligations of the U.S. government, its agencies, and instrumentalities. This flexibility allows the fund to manage risk and enhance returns by strategically allocating assets across different types of debt instruments. EVIM operates within the asset management industry, catering to investors who prioritize tax-efficient income generation. The fund's investment strategy focuses on intermediate-term maturities, balancing income generation with capital preservation. The fund's investment decisions are guided by Eaton Vance's expertise in fixed-income markets and municipal finance.
What Products and Services Does EVIM Offer?
- Invests primarily in intermediate-term municipal obligations.
- Seeks to provide current income exempt from regular federal income tax.
- Allocates at least 80% of net assets to tax-exempt municipal bonds.
- May invest up to 20% of net assets in other debt obligations.
- Manages a portfolio of U.S. fixed income securities.
- Operates as a closed-end management investment company.
How Does EVIM Make Money?
- Generates income from interest earned on municipal bonds.
- Manages a portfolio of fixed-income securities to maximize returns.
- Provides tax-exempt income to investors.
- Charges management fees for its services.
What Industry Does EVIM Operate In?
Eaton Vance Intermediate Municipal Income ETF (EVIM) operates within the asset management industry, specifically focusing on fixed-income investments. The industry is characterized by increasing demand for specialized investment products, particularly those offering tax advantages. The competitive landscape includes numerous asset managers offering similar municipal bond funds. EVIM differentiates itself by focusing on intermediate-term maturities and employing Eaton Vance's expertise in municipal finance. The growth of the municipal bond market and the increasing need for tax-efficient investment solutions drive demand for funds like EVIM.
Who Are EVIM's Key Customers?
- Individual investors seeking tax-advantaged income.
- High-net-worth individuals.
- Financial advisors and wealth managers.
- Institutional investors.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
MoonshotScore History
Recorded daily since 2026-08-23 · 41 snapshots
| 2026-08-23 | 47 |
| 2026-08-31 | 47 |
| 2026-09-08 | 47 |
| 2026-09-16 | 47 |
| 2026-09-24 | 47 |
| 2026-10-04 | 47 |
What changed?
The score has stayed at 47.
Over the same 30 days the stock moved -2.8%.
EVIM Financials
Bull Case vs Bear Case
Bull Case
- Tax-exempt income generation.
- Focus on intermediate-term municipal obligations.
- Eaton Vance's expertise in fixed-income markets.
- Relatively low volatility (beta of 0.26).
Bear Case
- Sensitivity to interest rate changes.
- Limited growth potential compared to equity funds.
- Dependence on the municipal bond market.
- Potential for credit risk in municipal bond holdings.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
EVIM Latest News
No recent news available for EVIM.
EVIM Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for EVIM.
Price Targets
Wall Street price target analysis for EVIM.
EVIM MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for EVIM; grades run from A+ (80-100) to F (below 30).
Eaton Vance Intermediate Municipal Income ETF Financials Stock: Key Questions Answered
What are the main risks for EVIM?
The main risks for Eaton Vance Intermediate Municipal Income ETF (EVIM) include interest rate risk, credit risk, and market risk. Interest rate risk refers to the potential for the fund's net asset value to decline as interest rates rise. Credit risk is the risk that municipal bond issuers may default on their obligations, leading to losses for the fund.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- The absence of a dividend may affect its attractiveness to income-seeking investors.