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EGRCX Eaton Vance Glbl Macro Abs Ret Advtg C

  • Fund
  • EGRCX
  • Price as of: Aug 08, 2016
  • $9.77
  • - $0.00
  • - 0.00%
  • Category
  • Total Bond Market

EGRCX - Profile

Vitals

  • YTD Return 3.1%
  • 3 Yr Annualized Return 3.2%
  • 5 Yr Annualized Return 2.1%
  • Net Assets $1.64 B
  • Holdings in Top 10 27.1%

52 WEEK LOW AND HIGH

$9.77
$9.10
$10.06

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.30%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 75.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$1,000

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Nontraditional Bond

Distributions

  • YTD Total Return 3.1%
  • 3 Yr Annualized Total Return 3.2%
  • 5 Yr Annualized Total Return 2.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.33%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Eaton Vance Global Macro Absolute Return Advantage Fund
  • Fund Family Name Eaton Vance
  • Inception Date Aug 31, 2010
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager John R. Baur

Fund Description

The fund seeks its investment objective by investing in securities, derivatives and other instruments to establish long and short investment exposures around the world. Total return is defined as income plus capital appreciation. The fund normally invests in multiple countries and frequently has significant exposure to foreign currencies and investments. The fund's long and short investments primarily are sovereign exposures, including currencies, interest rates and debt instruments issued or guaranteed by sovereign entities. The fund is non-diversified.

EGRCX - Performance

Return Ranking - Trailing

Period EGRCX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.1% -29.9% 209.8% 34.60% 3
1 Yr 2.1% -15.9% 20.3% 61.37% 4
3 Yr 3.2% * -6.4% 10.4% 45.08% 3
5 Yr 2.1% * -3.4% 9.0% 63.27% 4
10 Yr N/A * -1.1% 10.2% N/A N/A

* Annualized


Return Ranking - Calendar

Period EGRCX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -2.6% -51.0% 6.6% 34.71% 3
2014 N/A -0.4% 2.9% N/A N/A
2013 N/A -4.9% -0.8% N/A N/A
2012 N/A 0.8% 13.9% N/A N/A
2011 N/A -1.7% 3.8% N/A N/A

Total Return Ranking - Trailing

Period EGRCX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.1% -8.1% 209.8% 35.17% 3
1 Yr 1.1% -19.0% 20.3% 62.05% 4
3 Yr 3.2% * -7.1% 10.4% 38.15% 2
5 Yr 2.1% * -4.3% 9.0% 61.37% 4
10 Yr N/A * -1.1% 10.2% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period EGRCX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -2.6% -51.0% 6.6% 34.80% 3
2014 N/A -0.3% 4.5% N/A N/A
2013 N/A -4.6% 0.6% N/A N/A
2012 N/A 1.4% 15.7% N/A N/A
2011 N/A -0.9% 5.5% N/A N/A

NAV & Total Return History

EGRCX - Holdings

Filings data as of: Apr 30, 2016

Concentration Analysis

EGRCX Category Low Category High EGRCX % Rank Quintile
Net Assets 1.64 B 319 K 169 B 9.05% 2
Number of Holdings 168 1 17404 19.18% 4
Net Assets in Top 10 504 M -36 B 21.5 B 6.26% 2
Weighting of Top 10 27.1% 0.0% 1826.2% 15.16% 3

Top 10 Holdings

  1. Iraq (Republic Of) 5.8% 4.10%
  2. Macedonia(Govt Of) 3.975% 3.34%
  3. United Republic Of Tanzania, 6.892% 3.27%
  4. Republic Of Ecuador 7.95% 2.76%
  5. Eaton Vance Cash Reserves Fund, Llc, 0.53% 2.67%
  6. Serbia Treasury Bond, 10.00% 2.40%
  7. Albania(Rep Of) 5.75% 2.16%
  8. Kenya (Rep Of) 6.875% 2.15%
  9. Belarus (Rep Of) 8.95% 2.10%
  10. New Zealand(Govt) 3% 2.09%

Asset Allocation

Weighting Category Low Category High EGRCX % Rank Quintile
Bonds
77.02% -175.98% 181.87% 22.63% 5
Cash
10.40% -82.73% 275.92% 11.75% 2
Other
10.21% -15.97% 117.15% 0.81% 1
Stocks
2.38% -5.60% 98.06% 2.24% 1
Preferred Stocks
0.00% -0.07% 17.65% 7.78% 5
Convertible Bonds
0.00% 0.00% 18.40% 5.29% 5

Stock Sector Breakdown

Weighting Category Low Category High EGRCX % Rank Quintile
Industrials
1.23% -0.98% 13.17% 1.93% 1
Consumer Defense
0.30% -0.26% 12.32% 3.30% 1
Real Estate
0.17% -0.41% 16.08% 4.55% 1
Utilities
0.04% -0.10% 2.90% 4.78% 1
Financial Services
0.00% -0.33% 16.93% 8.19% 5
Healthcare
0.00% -0.99% 15.02% 4.32% 4
Energy
0.00% -0.88% 10.95% 5.12% 5
Communication Services
0.00% -0.13% 8.73% 4.21% 5
Technology
0.00% -3.22% 16.08% 4.78% 4
Consumer Cyclical
0.00% -0.90% 11.86% 5.23% 5
Basic Materials
0.00% -0.43% 11.57% 4.44% 5

Stock Geographic Breakdown

Weighting Category Low Category High EGRCX % Rank Quintile
Non US
2.38% -1.18% 97.59% 0.76% 1
US
0.00% -4.66% 90.98% 4.93% 5

Bond Sector Breakdown

Weighting Category Low Category High EGRCX % Rank Quintile
Government
70.60% -990.83% 129.84% 0.51% 1
Cash & Equivalents
10.40% -63.55% 811.66% 12.00% 2
Corporate
5.01% 0.00% 502.59% 28.94% 5
Securitized
0.14% 0.00% 275.57% 28.79% 5
Municipal
0.00% 0.00% 106.20% 13.07% 5
Derivative
0.00% -895.14% 18.41% 2.14% 4

Bond Geographic Breakdown

Weighting Category Low Category High EGRCX % Rank Quintile
Non US
77.02% -5.42% 399.20% 0.56% 1
US
0.00% -513.97% 163.91% 30.16% 5

EGRCX - Expenses

Operational Fees

EGRCX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 2.30% 0.00% 42.51% 3.26% 5
Management Fee 0.95% 0.00% 2.15% 0.61% 5
12b-1 Fee 1.00% 0.00% 1.00% 0.08% 5
Administrative Fee N/A 0.00% 0.63% N/A N/A

Sales Fees

EGRCX Fees (% of AUM) Category Low Category High EGRCX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load 1.00% 0.15% 5.50% 2.51% 3

Trading Fees

EGRCX Fees (% of AUM) Category Low Category High EGRCX Rank Quintile
Max Redemption Fee N/A 0.25% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

EGRCX Fees (% of AUM) Category Low Category High EGRCX Rank Quintile
Turnover 75.00% 0.00% 1944.00% 10.89% 3

EGRCX - Distributions

Dividend Yield Analysis

EGRCX Category Low Category High EGRCX % Rank Quintile
Dividend Yield N/A 0.00% 1.30% N/A N/A

Dividend Distribution Analysis

EGRCX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

EGRCX Category Low Category High EGRCX % Rank Quintile
Net Income Ratio 4.33% -1.76% 17.13% 2.49% 1

Capital Gain Distribution Analysis

EGRCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

EGRCX - Managers

John R. Baur

Manager

Start Date

Aug 31, 2010

Tenure

5.92

Tenure Rank

4.7%

John is a vice president since 2007 and a portfolio manager since 2008. He covers Latin America and joined Eaton Vance in 2004. He has previously been employed at Applied Materials, Inc. in California, Taiwan and Singapore. John earned his M.B.A with honors from the Johnson Graduate School of Management at Cornell University, and his B.S. in Mechanical Engineering from MIT.


Michael A. Cirami

Manager

Start Date

Aug 31, 2010

Tenure

5.92

Tenure Rank

4.7%

Cirami is a vice president of Eaton Vance since 2005, portfolio manager of Eaton Vance’s global fixed-income team since 2008 and has been an employee since 2003. He has a BA from Mary Washington College and an MBA from William E. Simon School at the University of Rochester(2001-2003), and prior thereto he was a team leader for the Institutional Services Group for State Street Bank in Luxemburg since 2000.


Eric A. Stein

Manager

Start Date

Aug 31, 2010

Tenure

5.92

Tenure Rank

4.7%

Eric is a vice president and portfolio manager. He originally joined Eaton Vance in 2002 and rejoined the firm in 2008. He has previously been employed at the Federal Reserve Bank of New York and Citigroup Alternative Investments. Eric earned his M.B.A. in Analytic Finance and Economics with honors from the University of Chicago Booth School of Business and his B.S. in Business Administration from Boston University. Eric is a CFA charterholder and a member of the Boston Security Analysts Society.


Tenure Analysis

Category Low

0.0

Category High

27.6

Category Average

5.91

Category Mode

1.6