Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-6.9%
1 yr return
-2.6%
3 Yr Avg Return
-4.5%
5 Yr Avg Return
-0.6%
Net Assets
$33.8 M
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.75%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 102.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
EIIMX - Profile
Distributions
- YTD Total Return -6.9%
- 3 Yr Annualized Total Return -4.5%
- 5 Yr Annualized Total Return -0.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.86%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameEaton Vance Global Sovereign Opportunities Fund
-
Fund Family NameEaton Vance
-
Inception DateMar 01, 2011
-
Shares Outstanding2811338
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerKyle Lee
Fund Description
The Fund seeks its investment objective by investing in securities, derivatives and other instruments to establish investment exposures in both developed and emerging markets. Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in U.S. and non-U.S. sovereign investments (the “80% Policy”). Sovereign investments include currencies, interest rates and debt instruments (including, but not limited to, mortgage-backed securities, stripped securities, loans, municipal obligations, and convertible securities) issued or guaranteed by sovereign entities and fixed-income securities and other debt instruments issued by central banks or quasi-sovereign issuers, as well as derivatives that provide exposure to such investments. Total return is defined as income plus capital appreciation. The Fund normally invests at least 40% of its net assets in foreign investments. Foreign investments are those primarily traded outside the U.S. or issued by an issuer that is domiciled, or derives a significant portion of its revenue, outside the U.S.
The Fund’s investments may be significant in a geographic region. The Fund frequently has significant exposure to emerging markets investments. Emerging market countries include so-called frontier market countries, which generally are considered by the portfolio managers to be less developed countries that (i) are not included in the J.P. Morgan Government Bond Index: Emerging Markets (JPM GBI-EM) Global Diversified (the “Index”); or (ii) represent 2% or less of the Index. The Fund normally invests at least 65% of its net assets in instruments rated investment grade (being those rated BBB or above by either S&P Global Ratings (“S&P”) or Fitch Ratings (“Fitch”), or Baa or higher by Moody’s Investors Service, Inc. (“Moody’s”)) or in unrated instruments considered to be of comparable quality by the investment adviser. The Fund also may invest in instruments rated below investment grade (rated below BBB by S&P or Fitch or Baa by Moody’s) or in unrated instruments considered to be of comparable quality by the investment adviser (often referred to as “junk” investments). The Fund may invest in investments of any duration. The Fund may invest up to 5% of net assets in equity securities.
The Fund invests in a wide variety of derivative instruments. The Fund expects to achieve certain exposures by purchasing and selling derivative instruments, including (but not limited to) forward foreign currency exchange contracts; futures on securities, indices, currencies, swaps and other investments; options; and interest rate swaps, cross-currency swaps, total return swaps and credit default swaps, which may create economic leverage in the Fund. The Fund may engage in derivative transactions to seek to enhance total return; to hedge against fluctuations in securities prices, interest rates or currency exchange rates; to change the effective duration of its portfolio; to manage certain investment risks; and/or as a substitute for the purchase or sale of securities or currencies. The Fund may use derivatives to implement various systematic investment processes, including taking long and short interest rate positions across various emerging markets to seek to enhance total return. The Fund also may engage in repurchase agreements and reverse repurchase agreements. The Fund’s use of derivatives may be extensive and, except as required by applicable regulation, there is no stated limit on their use.
In managing the Fund, the investment adviser adjusts investments in an effort to take advantage of differences in countries, currencies, interest rates and credits based on its global macroeconomic and political analysis. The investment adviser seeks to identify countries and currencies it believes have potential to outperform investments in other countries and currencies, and to anticipate changes in global economies, markets, political conditions and other factors for this purpose. The investment adviser considers the relative risk/return characteristics of prospective investments (whether securities, currencies, derivatives, or other instruments) in determining the most efficient means for achieving desired exposures. When deemed by the investment adviser to be relevant to its evaluation of creditworthiness and when applicable information is available, the investment adviser considers environmental, social and/or governance issues (referred to as ESG) which may impact the prospects of an issuer (or obligor) or financial performance of an obligation. When considered, one or more ESG issues are taken into account alongside other factors in the investment decision-making process and are not the sole determinant of whether an investment can be made or will remain in the Fund’s portfolio. These considerations may be taken into account alongside other fundamental research in the investment selection process.
The Fund invests substantially all of its assets in the Portfolio, a separate registered investment company. The Portfolio is described in “Further Information about the Portfolio” in the Fund Prospectus. References to the Fund’s investments include investments held indirectly through the Portfolio in which the Fund invests.
EIIMX - Performance
Return Ranking - Trailing
Period | EIIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -6.9% | -59.5% | 0.9% | 37.38% |
1 Yr | -2.6% | -15.5% | 19.7% | 54.33% |
3 Yr | -4.5%* | -4.3% | 4.2% | 35.82% |
5 Yr | -0.6%* | -2.5% | 4.1% | 65.43% |
10 Yr | 0.5%* | -3.0% | 2.7% | 42.29% |
* Annualized
Return Ranking - Calendar
Period | EIIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.5% | -15.2% | 0.9% | 89.00% |
2022 | -15.2% | -10.9% | 12.2% | 82.47% |
2021 | -10.3% | -10.8% | 14.8% | 91.67% |
2020 | 2.5% | -15.3% | 0.6% | 82.08% |
2019 | 0.4% | -44.4% | 14.4% | 44.79% |
Total Return Ranking - Trailing
Period | EIIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -6.9% | -59.5% | 0.9% | 35.44% |
1 Yr | -2.6% | -16.6% | 30.5% | 48.82% |
3 Yr | -4.5%* | -5.2% | 10.9% | 32.37% |
5 Yr | -0.6%* | -2.8% | 7.4% | 61.86% |
10 Yr | 0.5%* | -3.0% | 3.6% | 41.44% |
* Annualized
Total Return Ranking - Calendar
Period | EIIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.6% | -15.2% | 0.9% | 89.00% |
2022 | -11.1% | -10.9% | 12.2% | 82.47% |
2021 | -5.3% | -10.8% | 14.8% | 85.42% |
2020 | 9.5% | -15.3% | 3.8% | 21.39% |
2019 | 6.5% | -44.4% | 14.4% | 8.59% |
NAV & Total Return History
EIIMX - Holdings
Concentration Analysis
EIIMX | Category Low | Category High | EIIMX % Rank | |
---|---|---|---|---|
Net Assets | 33.8 M | 74.5 K | 14.7 B | 85.29% |
Number of Holdings | 4 | 4 | 4562 | 98.58% |
Net Assets in Top 10 | 49.3 M | -112 M | 3.66 B | 54.03% |
Weighting of Top 10 | N/A | 4.7% | 100.0% | 1.44% |
Top 10 Holdings
- International Income Portfolio 100.25%
- International Income Portfolio 100.25%
- International Income Portfolio 100.25%
- International Income Portfolio 100.25%
- International Income Portfolio 100.25%
- International Income Portfolio 100.25%
- International Income Portfolio 100.25%
- International Income Portfolio 100.25%
- International Income Portfolio 100.25%
- International Income Portfolio 100.25%
Asset Allocation
Weighting | Return Low | Return High | EIIMX % Rank | |
---|---|---|---|---|
Other | 100.00% | -9.71% | 100.00% | 0.47% |
Stocks | 0.00% | 0.00% | 7.47% | 59.24% |
Preferred Stocks | 0.00% | 0.00% | 2.87% | 45.02% |
Convertible Bonds | 0.00% | 0.00% | 11.19% | 91.94% |
Cash | 0.00% | -130.07% | 95.62% | 87.20% |
Bonds | 0.00% | 0.00% | 220.33% | 99.05% |
EIIMX - Expenses
Operational Fees
EIIMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.75% | 0.02% | 3.65% | 57.89% |
Management Fee | 0.50% | 0.00% | 2.08% | 36.59% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
EIIMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.00% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
EIIMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
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.
EIIMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 102.00% | 6.00% | 354.00% | 65.09% |
EIIMX - Distributions
Dividend Yield Analysis
EIIMX | Category Low | Category High | EIIMX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 17.40% | 6.16% |
Dividend Distribution Analysis
EIIMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
EIIMX | Category Low | Category High | EIIMX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.86% | -1.08% | 5.77% | 43.14% |
Capital Gain Distribution Analysis
EIIMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.027 | OrdinaryDividend |
Feb 28, 2024 | $0.027 | OrdinaryDividend |
Jan 30, 2024 | $0.027 | OrdinaryDividend |
Dec 29, 2023 | $0.027 | OrdinaryDividend |
Nov 30, 2023 | $0.027 | OrdinaryDividend |
Dec 30, 2022 | $0.027 | OrdinaryDividend |
Nov 30, 2022 | $0.027 | OrdinaryDividend |
Oct 31, 2022 | $0.027 | OrdinaryDividend |
Sep 30, 2022 | $0.027 | OrdinaryDividend |
Aug 31, 2022 | $0.027 | OrdinaryDividend |
Jul 29, 2022 | $0.027 | OrdinaryDividend |
Jun 30, 2022 | $0.027 | OrdinaryDividend |
May 31, 2022 | $0.027 | OrdinaryDividend |
Apr 29, 2022 | $0.027 | OrdinaryDividend |
Mar 31, 2022 | $0.027 | OrdinaryDividend |
Feb 28, 2022 | $0.027 | OrdinaryDividend |
Jan 31, 2022 | $0.027 | OrdinaryDividend |
Dec 31, 2021 | $0.027 | OrdinaryDividend |
Nov 30, 2021 | $0.027 | OrdinaryDividend |
Oct 29, 2021 | $0.004 | OrdinaryDividend |
Sep 30, 2021 | $0.004 | OrdinaryDividend |
Aug 31, 2021 | $0.005 | OrdinaryDividend |
Jul 30, 2021 | $0.005 | OrdinaryDividend |
Jun 30, 2021 | $0.006 | OrdinaryDividend |
May 28, 2021 | $0.006 | OrdinaryDividend |
Apr 30, 2021 | $0.007 | OrdinaryDividend |
Mar 31, 2021 | $0.007 | OrdinaryDividend |
Feb 26, 2021 | $0.007 | OrdinaryDividend |
Jan 29, 2021 | $0.007 | OrdinaryDividend |
Dec 31, 2020 | $0.047 | OrdinaryDividend |
Nov 30, 2020 | $0.047 | OrdinaryDividend |
Oct 30, 2020 | $0.030 | OrdinaryDividend |
Sep 30, 2020 | $0.030 | OrdinaryDividend |
Aug 31, 2020 | $0.030 | OrdinaryDividend |
Jul 31, 2020 | $0.030 | OrdinaryDividend |
Jun 30, 2020 | $0.030 | OrdinaryDividend |
May 29, 2020 | $0.030 | OrdinaryDividend |
Apr 30, 2020 | $0.030 | OrdinaryDividend |
Mar 31, 2020 | $0.030 | OrdinaryDividend |
Feb 28, 2020 | $0.030 | OrdinaryDividend |
Jan 31, 2020 | $0.030 | OrdinaryDividend |
Dec 31, 2019 | $0.047 | OrdinaryDividend |
Nov 29, 2019 | $0.047 | OrdinaryDividend |
Oct 31, 2019 | $0.047 | OrdinaryDividend |
Sep 30, 2019 | $0.047 | OrdinaryDividend |
Aug 30, 2019 | $0.047 | OrdinaryDividend |
Jul 31, 2019 | $0.047 | OrdinaryDividend |
Jun 28, 2019 | $0.047 | OrdinaryDividend |
May 31, 2019 | $0.041 | OrdinaryDividend |
Apr 30, 2019 | $0.041 | OrdinaryDividend |
Mar 29, 2019 | $0.041 | OrdinaryDividend |
Feb 28, 2019 | $0.030 | OrdinaryDividend |
Jan 31, 2019 | $0.030 | OrdinaryDividend |
Dec 31, 2018 | $0.030 | OrdinaryDividend |
Nov 30, 2018 | $0.036 | OrdinaryDividend |
Oct 31, 2018 | $0.036 | OrdinaryDividend |
Sep 28, 2018 | $0.036 | OrdinaryDividend |
Aug 31, 2018 | $0.036 | OrdinaryDividend |
Jul 31, 2018 | $0.036 | OrdinaryDividend |
Jun 29, 2018 | $0.036 | OrdinaryDividend |
May 31, 2018 | $0.036 | OrdinaryDividend |
Apr 30, 2018 | $0.036 | OrdinaryDividend |
Mar 29, 2018 | $0.036 | OrdinaryDividend |
Feb 28, 2018 | $0.036 | OrdinaryDividend |
Jan 31, 2018 | $0.036 | OrdinaryDividend |
Dec 29, 2017 | $0.036 | OrdinaryDividend |
Nov 30, 2017 | $0.036 | OrdinaryDividend |
Oct 31, 2017 | $0.036 | OrdinaryDividend |
Sep 29, 2017 | $0.036 | OrdinaryDividend |
Aug 31, 2017 | $0.036 | OrdinaryDividend |
Jul 31, 2017 | $0.036 | OrdinaryDividend |
Jun 30, 2017 | $0.036 | OrdinaryDividend |
May 31, 2017 | $0.036 | OrdinaryDividend |
Apr 28, 2017 | $0.036 | OrdinaryDividend |
Mar 31, 2017 | $0.036 | OrdinaryDividend |
Feb 28, 2017 | $0.036 | OrdinaryDividend |
Jan 31, 2017 | $0.036 | OrdinaryDividend |
Dec 30, 2016 | $0.036 | OrdinaryDividend |
Nov 30, 2016 | $0.036 | OrdinaryDividend |
Oct 31, 2016 | $0.036 | OrdinaryDividend |
Sep 30, 2016 | $0.036 | OrdinaryDividend |
Aug 31, 2016 | $0.047 | OrdinaryDividend |
Jul 29, 2016 | $0.047 | OrdinaryDividend |
Jun 30, 2016 | $0.045 | OrdinaryDividend |
May 31, 2016 | $0.047 | OrdinaryDividend |
Apr 29, 2016 | $0.045 | OrdinaryDividend |
Mar 31, 2016 | $0.047 | OrdinaryDividend |
Feb 29, 2016 | $0.044 | OrdinaryDividend |
Jan 29, 2016 | $0.047 | OrdinaryDividend |
Dec 31, 2015 | $0.047 | OrdinaryDividend |
Nov 30, 2015 | $0.045 | OrdinaryDividend |
Oct 30, 2015 | $0.047 | OrdinaryDividend |
Sep 30, 2015 | $0.045 | OrdinaryDividend |
Aug 31, 2015 | $0.047 | OrdinaryDividend |
Jul 31, 2015 | $0.047 | OrdinaryDividend |
Jun 30, 2015 | $0.045 | OrdinaryDividend |
May 29, 2015 | $0.047 | OrdinaryDividend |
Apr 30, 2015 | $0.045 | OrdinaryDividend |
Mar 31, 2015 | $0.047 | OrdinaryDividend |
Feb 27, 2015 | $0.042 | OrdinaryDividend |
Jan 30, 2015 | $0.047 | OrdinaryDividend |
Dec 31, 2014 | $0.047 | OrdinaryDividend |
Nov 28, 2014 | $0.045 | OrdinaryDividend |
Oct 31, 2014 | $0.047 | OrdinaryDividend |
Sep 30, 2014 | $0.045 | OrdinaryDividend |
Aug 29, 2014 | $0.047 | OrdinaryDividend |
Jul 31, 2014 | $0.047 | OrdinaryDividend |
Jun 30, 2014 | $0.045 | OrdinaryDividend |
May 30, 2014 | $0.047 | OrdinaryDividend |
Apr 30, 2014 | $0.045 | OrdinaryDividend |
Mar 31, 2014 | $0.047 | OrdinaryDividend |
Feb 28, 2014 | $0.042 | OrdinaryDividend |
Jan 31, 2014 | $0.047 | OrdinaryDividend |
Dec 31, 2013 | $0.047 | OrdinaryDividend |
Nov 29, 2013 | $0.045 | OrdinaryDividend |
Oct 31, 2013 | $0.047 | OrdinaryDividend |
Sep 30, 2013 | $0.045 | OrdinaryDividend |
Aug 30, 2013 | $0.047 | OrdinaryDividend |
Jul 31, 2013 | $0.047 | OrdinaryDividend |
Jun 28, 2013 | $0.045 | OrdinaryDividend |
May 31, 2013 | $0.047 | OrdinaryDividend |
Apr 30, 2013 | $0.045 | OrdinaryDividend |
Mar 28, 2013 | $0.047 | OrdinaryDividend |
Feb 28, 2013 | $0.042 | DailyAccrualFund |
Jan 31, 2013 | $0.047 | DailyAccrualFund |
Dec 31, 2012 | $0.047 | DailyAccrualFund |
Nov 30, 2012 | $0.045 | DailyAccrualFund |
Oct 31, 2012 | $0.047 | DailyAccrualFund |
Sep 28, 2012 | $0.045 | DailyAccrualFund |
Aug 31, 2012 | $0.047 | DailyAccrualFund |
Jul 31, 2012 | $0.047 | DailyAccrualFund |
Jun 29, 2012 | $0.045 | DailyAccrualFund |
May 31, 2012 | $0.047 | DailyAccrualFund |
Apr 30, 2012 | $0.045 | DailyAccrualFund |
Mar 30, 2012 | $0.047 | DailyAccrualFund |
Feb 29, 2012 | $0.044 | DailyAccrualFund |
Jan 31, 2012 | $0.047 | DailyAccrualFund |
Dec 30, 2011 | $0.047 | DailyAccrualFund |
Nov 30, 2011 | $0.045 | DailyAccrualFund |
Oct 31, 2011 | $0.047 | DailyAccrualFund |
Sep 30, 2011 | $0.045 | DailyAccrualFund |
Aug 31, 2011 | $0.047 | DailyAccrualFund |
Jul 29, 2011 | $0.047 | DailyAccrualFund |
Jun 30, 2011 | $0.045 | DailyAccrualFund |
May 31, 2011 | $0.047 | DailyAccrualFund |
Apr 29, 2011 | $0.045 | DailyAccrualFund |
Mar 31, 2011 | $0.045 | DailyAccrualFund |
EIIMX - Fund Manager Analysis
Managers
Kyle Lee
Start Date
Tenure
Tenure Rank
Oct 14, 2019
2.63
2.6%
Mr. Lee is a Vice President of Eaton Vance.
Brian Shaw
Start Date
Tenure
Tenure Rank
Sep 08, 2021
0.73
0.7%
Patrick Campbell
Start Date
Tenure
Tenure Rank
Sep 08, 2021
0.73
0.7%
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 28.31 | 6.8 | 3.67 |