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ERGMX Eaton Vance Glbl Macr Absolute Return R

  • Fund
  • ERGMX
  • Price as of: Aug 08, 2016
  • $9.07
  • - $0.00
  • - 0.00%
  • Category
  • Total Bond Market

ERGMX - Profile

Vitals

  • YTD Return -0.1%
  • 3 Yr Annualized Return 1.9%
  • 5 Yr Annualized Return 1.4%
  • Net Assets $4.75 B
  • Holdings in Top 10 23.5%

52 WEEK LOW AND HIGH

$9.07
$8.84
$9.25

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.27%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 66.00%

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 -0.1%
  • 3 Yr Annualized Total Return 1.9%
  • 5 Yr Annualized Total Return 1.4%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.77%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Eaton Vance Global Macro Absolute Return Fund
  • Fund Family Name Eaton Vance
  • Inception Date Apr 07, 2010
  • Shares Outstanding N/A
  • Share Class Retirement
  • Currency USD
  • Domiciled Country United States
  • Manager John R. Baur

ERGMX - Performance

Return Ranking - Trailing

Period ERGMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -0.1% -29.9% 209.8% 63.00% 5
1 Yr 1.7% -15.9% 20.3% 65.95% 4
3 Yr 1.9% * -6.4% 10.4% 61.97% 4
5 Yr 1.4% * -3.4% 9.0% 76.68% 4
10 Yr 3.9% * -1.1% 10.2% 60.13% 4

* Annualized


Return Ranking - Calendar

Period ERGMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -2.8% -51.0% 6.6% 37.96% 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 ERGMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -0.1% -8.1% 209.8% 63.61% 5
1 Yr 1.7% -19.0% 20.3% 54.27% 3
3 Yr 1.9% * -7.1% 10.4% 58.47% 3
5 Yr 1.4% * -4.3% 9.0% 74.44% 4
10 Yr 3.9% * -1.1% 10.2% 58.13% 3

* Annualized


Total Return Ranking - Calendar

Period ERGMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -2.8% -51.0% 6.6% 38.06% 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

ERGMX - Holdings

Filings data as of: Apr 30, 2016

Concentration Analysis

ERGMX Category Low Category High ERGMX % Rank Quintile
Net Assets 4.75 B 319 K 169 B 4.63% 1
Number of Holdings 340 1 17404 14.24% 3
Net Assets in Top 10 1.05 B -36 B 21.5 B 3.92% 1
Weighting of Top 10 23.5% 0.0% 1826.2% 17.90% 3

Top 10 Holdings

  1. Serbia Rep 5.25% 3.45%
  2. Eaton Vance Cash Reserves Fund, Llc, 0.53% 2.85%
  3. Iceland Rep 5.875% 2.54%
  4. Russian Federation 6.4% 2.44%
  5. New Zealand(Govt) 3% 2.41%
  6. Iraq (Republic Of) 5.8% 2.09%
  7. Kazakhstan Rep 5.125% 2.05%
  8. Serbia (Republic) 5.875% 1.88%
  9. Macedonia(Govt Of) 3.975% 1.87%
  10. Federal National Mortgage Association: 6.00% With Various Maturities To 203 1.87%

Asset Allocation

Weighting Category Low Category High ERGMX % Rank Quintile
Bonds
80.19% -175.98% 181.87% 21.62% 4
Cash
13.91% -82.73% 275.92% 8.90% 2
Other
4.61% -15.97% 117.15% 3.26% 1
Stocks
1.29% -5.60% 98.06% 2.85% 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 ERGMX % Rank Quintile
Industrials
0.64% -0.98% 13.17% 2.39% 1
Consumer Defense
0.16% -0.26% 12.32% 3.64% 1
Real Estate
0.09% -0.41% 16.08% 5.01% 1
Financial Services
0.05% -0.33% 16.93% 7.62% 2
Basic Materials
0.02% -0.43% 11.57% 4.21% 1
Utilities
0.01% -0.10% 2.90% 5.12% 2
Energy
0.01% -0.88% 10.95% 5.01% 2
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
Healthcare
0.00% -0.99% 15.02% 4.32% 4

Stock Geographic Breakdown

Weighting Category Low Category High ERGMX % Rank Quintile
Non US
1.29% -1.18% 97.59% 0.97% 1
US
0.00% -4.66% 90.98% 4.93% 4

Bond Sector Breakdown

Weighting Category Low Category High ERGMX % Rank Quintile
Government
66.16% -990.83% 129.84% 0.81% 1
Cash & Equivalents
13.91% -63.55% 811.66% 9.16% 2
Securitized
9.06% 0.00% 275.57% 25.08% 5
Corporate
4.96% 0.00% 502.59% 28.99% 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 ERGMX % Rank Quintile
Non US
79.83% -5.42% 399.20% 0.51% 1
US
0.36% -513.97% 163.91% 30.11% 5

ERGMX - Expenses

Operational Fees

ERGMX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.27% 0.00% 42.51% 8.30% 4
Management Fee 0.54% 0.00% 2.15% 2.29% 4
12b-1 Fee 0.50% 0.00% 1.00% 1.27% 4
Administrative Fee N/A 0.00% 0.63% N/A N/A

Sales Fees

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

Trading Fees

ERGMX Fees (% of AUM) Category Low Category High ERGMX 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.

ERGMX Fees (% of AUM) Category Low Category High ERGMX Rank Quintile
Turnover 66.00% 0.00% 1944.00% 11.45% 3

ERGMX - Distributions

Dividend Yield Analysis

ERGMX Category Low Category High ERGMX % Rank Quintile
Dividend Yield 0.3% 0.00% 1.30% 11.36% 1

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

ERGMX Category Low Category High ERGMX % Rank Quintile
Net Income Ratio 3.77% -1.76% 17.13% 4.73% 1

Capital Gain Distribution Analysis

ERGMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency N/A Annually Daily Annually

ERGMX - Managers

John R. Baur

Manager

Start Date

Jan 28, 2008

Tenure

8.51

Tenure Rank

3.4%

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

Jan 28, 2008

Tenure

8.51

Tenure Rank

3.4%

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 12, 2010

Tenure

5.97

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