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Is Eaton Vance Income Fund of Boston A (EVIBX) Worth Another Look?

Eaton Vance Income Fund of Boston A (EVIBX) a Zacks Ranked #1 (Strong Buy) provides as much current income as possible. EVIBX pursues its objective by investing in Boston Income Portfolio. EVIBX invests primarily in high yield, high risk corporate bonds and the secondary purpose is to provide reasonable preservation of capital to the extent attainable from such bonds, and growth of income and capital. EVIBX offers dividends monthly and capital gains annually.

The Eaton Vance Income Fund of Boston A fund, managed by Eaton Vance, carries an expense ratio of 1.  Moreover, EVIBX requires a minimal initial investment of $1,000.

EVIBX has a history of strong positive total returns for over 10 years.  Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 2.46%, 3 year 6.02%, and 5 year 7.44%.  To see how this fund performed compared in its category, please click here.  

EVIBX’s performance, as of the last filing, when compared to funds in its category was in the top 9% in 1 year, top 14% over the past 3 years, and in the 14% over the past 5 years.

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