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Name

As of 04/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Eaton Vance Global Macro Absolute Return Fund

ERGMX | Fund

$8.43

$1.64 B

5.16%

$0.43

1.63%

Vitals

YTD Return

3.5%

1 yr return

7.8%

3 Yr Avg Return

3.5%

5 Yr Avg Return

4.1%

Net Assets

$1.64 B

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$8.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.63%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 88.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 04/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Eaton Vance Global Macro Absolute Return Fund

ERGMX | Fund

$8.43

$1.64 B

5.16%

$0.43

1.63%

ERGMX - Profile

Distributions

  • YTD Total Return 3.5%
  • 3 Yr Annualized Total Return 3.5%
  • 5 Yr Annualized Total Return 4.1%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.02%
DIVIDENDS
  • Dividend Yield 5.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Eaton Vance Global Macro Absolute Return Fund
  • Fund Family Name
    Eaton Vance
  • Inception Date
    Apr 09, 2010
  • Shares Outstanding
    166693
  • Share Class
    R
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    John Baur

ERGMX - Performance

Return Ranking - Trailing

Period ERGMX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.5% -12.9% 7.9% 6.37%
1 Yr 7.8% -10.4% 22.6% 17.70%
3 Yr 3.5%* -17.7% 18.1% 6.84%
5 Yr 4.1%* -13.6% 14.7% 6.98%
10 Yr 3.0%* -13.6% 6.5% 18.99%

* Annualized

Return Ranking - Calendar

Period ERGMX Return Category Return Low Category Return High Rank in Category (%)
2023 0.9% -12.0% 15.7% 76.43%
2022 -5.1% -31.8% 18.4% 7.79%
2021 -1.9% -26.6% 25.7% 60.92%
2020 -0.9% -49.2% 18.7% 71.23%
2019 4.0% -35.1% 15.3% 58.78%

Total Return Ranking - Trailing

Period ERGMX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.5% -12.9% 7.9% 6.37%
1 Yr 7.8% -10.4% 22.6% 17.70%
3 Yr 3.5%* -17.7% 18.1% 6.84%
5 Yr 4.1%* -13.6% 14.7% 6.98%
10 Yr 3.0%* -13.6% 6.5% 18.99%

* Annualized

Total Return Ranking - Calendar

Period ERGMX Return Category Return Low Category Return High Rank in Category (%)
2023 6.3% -7.0% 22.2% 76.12%
2022 -0.9% -31.8% 21.1% 7.31%
2021 1.7% -13.5% 49.9% 55.99%
2020 3.1% -28.6% 24.1% 72.47%
2019 9.3% -4.8% 19.1% 45.23%

NAV & Total Return History

ERGMX - Holdings

Concentration Analysis

ERGMX Category Low Category High ERGMX % Rank
Net Assets 1.64 B 2.53 M 143 B 33.44%
Number of Holdings 4 4 9868 98.63%
Net Assets in Top 10 2.37 B -1.57 B 65.8 B 5.94%
Weighting of Top 10 N/A 0.7% 170.6% 2.25%

Top 10 Holdings

  1. Global Macro Portfolio 100.04%
  2. Global Macro Portfolio 100.04%
  3. Global Macro Portfolio 100.04%
  4. Global Macro Portfolio 100.04%
  5. Global Macro Portfolio 100.04%
  6. Global Macro Portfolio 100.04%
  7. Global Macro Portfolio 100.04%
  8. Global Macro Portfolio 100.04%
  9. Global Macro Portfolio 100.04%
  10. Global Macro Portfolio 100.04%

Asset Allocation

Weighting Return Low Return High ERGMX % Rank
Bonds 		60.25% -150.81% 203.29% 82.19%
Cash 		36.75% -94.66% 258.91% 4.26%
Stocks 		1.69% -1.60% 99.88% 34.86%
Other 		1.19% -62.91% 100.00% 59.36%
Convertible Bonds 		0.11% 0.00% 33.50% 79.53%
Preferred Stocks 		0.00% 0.00% 30.46% 47.79%

Bond Sector Breakdown

Weighting Return Low Return High ERGMX % Rank
Government 		48.26% 0.00% 99.43% 3.77%
Cash & Equivalents 		36.61% 0.00% 88.14% 3.51%
Corporate 		9.12% 0.00% 96.66% 81.95%
Securitized 		3.56% 0.00% 99.65% 79.75%
Derivative 		2.45% -62.91% 37.37% 7.79%
Municipal 		0.00% 0.00% 54.26% 41.29%

Bond Geographic Breakdown

Weighting Return Low Return High ERGMX % Rank
Non US 		55.17% 0.00% 67.77% 2.59%
US 		5.08% -151.11% 203.29% 88.43%

ERGMX - Expenses

Operational Fees

ERGMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.63% 0.01% 20.67% 32.78%
Management Fee 0.59% 0.00% 2.29% 45.17%
12b-1 Fee 0.50% 0.00% 1.00% 61.02%
Administrative Fee N/A 0.00% 0.70% N/A

Sales Fees

ERGMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ERGMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

ERGMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 88.00% 0.00% 632.00% 57.35%

ERGMX - Distributions

Dividend Yield Analysis

ERGMX Category Low Category High ERGMX % Rank
Dividend Yield 5.16% 0.00% 23.30% 76.32%

Dividend Distribution Analysis

ERGMX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

ERGMX Category Low Category High ERGMX % Rank
Net Income Ratio 4.02% -1.55% 11.51% 17.62%

Capital Gain Distribution Analysis

ERGMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

ERGMX - Fund Manager Analysis

Managers

John Baur

Start Date

Tenure

Tenure Rank

Jan 28, 2008

14.35

14.4%

John is a vice president since 2007 and a portfolio manager since 2008 at Eaton Vance. 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.

Patrick Campbell

Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.92

0.9%

Kyle Lee

Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.92

0.9%

Mr. Lee is a Vice President of Eaton Vance.

Federico Sequeda

Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.92

0.9%

Hussein Khattab

Start Date

Tenure

Tenure Rank

Mar 16, 2022

0.21

0.2%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.19 5.72 3.19

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