Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | +0.46% | -5.92% | -12.42% | -11.54% | -10.17% | -12.16% | -0.93% | -8.34% | -3.80% | -2.85% |
| Market-price total return | +0.46% | -5.39% | -11.02% | -8.71% | -5.87% | -6.53% | +5.03% | -3.36% | +1.15% | +2.92% |
| NAV return | +2.23% | -3.51% | -9.15% | -9.24% | -9.49% | -10.42% | -3.18% | -7.15% | -3.84% | -1.64% |
| NAV total return | +2.23% | -3.01% | -7.79% | -6.54% | -5.46% | -5.09% | +2.18% | -2.54% | +0.68% | +3.98% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.10% | 0.05% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.10% | 0.07% | as above |
| Volatility, 5 years | 0.11% | 0.07% | as above |
| Maximum drawdown, 3 years | -11.57% | -10.60% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.10 | -0.28 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.15 | -0.36 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 1.29 | — | MUB (U.S. municipal bond ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.51 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for Eaton Vance Municipal Bond Fund. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.