Eaton Vance Emerging Markets Debt I
Name
As of 01/19/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.0%
1 yr return
-22.8%
3 Yr Avg Return
-12.5%
5 Yr Avg Return
N/A
Net Assets
$6.93 M
Holdings in Top 10
68.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.87%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 176.00%
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 01/19/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
EEIDX - Profile
Distributions
- YTD Total Return 0.0%
- 3 Yr Annualized Total Return -12.5%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 4.45%
- Dividend Yield 7.2%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameEaton Vance Emerging Markets Debt Fund
-
Fund Family NameEaton Vance
-
Inception DateMay 01, 2018
-
Shares Outstanding895854
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJohn Baur
Fund Description
Under normal market conditions, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes) in (i) income instruments issued by emerging market entities or sovereign nations; and/or (ii) derivative instruments, based on the currencies, interest rates, or issues of, emerging market countries (the “80% Policy”). The Fund’s investments are denominated in developed market currencies. The investment adviser currently considers the following countries to be developed: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, Japan, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom and United States. An emerging market country is any country determined by the investment adviser to have an emerging market economy, considering factors such as the country’s political and economic stability, and the development of its financial and capital markets. An emerging market entity is an entity that is located in an emerging market country or has significant economic exposure to an emerging market, including corporate, national and local government, and quasi-government entities. Emerging market countries include so-called frontier market countries. Frontier markets include less developed countries that (i) are not included in the J.P. Morgan Emerging Markets Bond Index Global Diversified (JPM EMBIGD) (the “Index”); or (ii) represent 2% or less of the Index. The Fund is “non-diversified,” which means it may invest a greater percentage of its assets in the securities of a single issuer than a “diversified” fund.
The Fund may invest significantly in a geographic region or country. The Fund has exposures to sovereign nations (including currencies, interest rates and debt instruments issued or guaranteed by sovereign entities) and duration. The Fund may invest in instruments of any credit rating, including those rated below investment grade (rated below BBB by either S&P Global Ratings or Fitch Ratings, or below Baa by Moody’s Investors Service, Inc.) 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 a wide variety of derivative instruments. The Fund expects to achieve certain exposures through 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 seek 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’s use of derivatives may be extensive and there is no stated limit on their use.
The Fund’s investments may include foreign and domestic securities and other instruments, including sovereign debt (including U.S. Treasuries), mortgage-backed securities (“MBS”) and asset-backed securities, stripped securities, loans, bank instruments, municipal securities, corporate debt, convertible and hybrid securities, restricted securities and other income securities. The Fund may invest up to 5% of its net assets in equity securities. The Fund may engage in repurchase agreements, reverse repurchase agreements, forward commitments and short sales.
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. The portfolio managers may also consider financially material environmental, social and governance factors in evaluating an issuer. These considerations may be taken into account alongside other fundamental research in the investment selection process.
EEIDX - Performance
Return Ranking - Trailing
Period | EEIDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.0% | -23.5% | 9.5% | 96.69% |
1 Yr | -22.8% | -24.9% | 0.9% | 98.31% |
3 Yr | -12.5%* | -20.0% | 13.9% | 93.99% |
5 Yr | N/A* | -21.1% | 6.8% | N/A |
10 Yr | N/A* | -15.4% | 5.8% | N/A |
* Annualized
Return Ranking - Calendar
Period | EEIDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -26.0% | -58.7% | 15.1% | 94.84% |
2022 | -4.2% | -12.8% | 25.4% | 54.68% |
2021 | 0.2% | -12.0% | 25.9% | 56.76% |
2020 | 2.2% | -19.2% | 4.2% | 31.80% |
2019 | N/A | -7.2% | 9.9% | N/A |
Total Return Ranking - Trailing
Period | EEIDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.0% | -23.5% | 9.5% | 96.42% |
1 Yr | -22.8% | -24.9% | 0.9% | 98.31% |
3 Yr | -12.5%* | -20.0% | 13.9% | 93.99% |
5 Yr | N/A* | -21.1% | 6.8% | N/A |
10 Yr | N/A* | -15.4% | 9.8% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | EEIDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -26.0% | -58.7% | 15.1% | 94.84% |
2022 | -4.2% | -12.8% | 25.4% | 54.68% |
2021 | 0.2% | -7.1% | 25.9% | 56.76% |
2020 | 2.4% | -19.2% | 10.9% | 27.52% |
2019 | N/A | -7.2% | 9.9% | N/A |
NAV & Total Return History
EEIDX - Holdings
Concentration Analysis
EEIDX | Category Low | Category High | EEIDX % Rank | |
---|---|---|---|---|
Net Assets | 6.93 M | 49.1 K | 15.5 B | 97.04% |
Number of Holdings | 130 | 3 | 2121 | 79.73% |
Net Assets in Top 10 | 3.78 M | -134 M | 1.25 B | 91.51% |
Weighting of Top 10 | 68.52% | 2.2% | 100.0% | 1.39% |
Top 10 Holdings
- US 10YR NOTE (CBT)JUN20 XCBT 20200619 41.26%
- US 10YR NOTE (CBT)JUN20 XCBT 20200619 41.26%
- US 10YR NOTE (CBT)JUN20 XCBT 20200619 41.26%
- US 10YR NOTE (CBT)JUN20 XCBT 20200619 41.26%
- US 10YR NOTE (CBT)JUN20 XCBT 20200619 41.26%
- US 10YR NOTE (CBT)JUN20 XCBT 20200619 41.26%
- US 10YR NOTE (CBT)JUN20 XCBT 20200619 41.26%
- US 10YR NOTE (CBT)JUN20 XCBT 20200619 41.26%
- US 10YR NOTE (CBT)JUN20 XCBT 20200619 41.26%
- US 10YR NOTE (CBT)JUN20 XCBT 20200619 41.26%
Asset Allocation
Weighting | Return Low | Return High | EEIDX % Rank | |
---|---|---|---|---|
Bonds | 57.30% | -0.02% | 116.66% | 97.26% |
Cash | 42.88% | -16.66% | 101.67% | 3.02% |
Stocks | 0.00% | -0.47% | 2.07% | 34.25% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 13.19% |
Convertible Bonds | 0.00% | 0.00% | 26.58% | 64.56% |
Other | -0.17% | -3.28% | 3.53% | 96.15% |
EEIDX - Expenses
Operational Fees
EEIDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.87% | 0.01% | 2.87% | 57.26% |
Management Fee | 0.65% | 0.00% | 1.10% | 36.56% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.02% | 0.65% | N/A |
Sales Fees
EEIDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
EEIDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.75% | 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.
EEIDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 176.00% | 0.00% | 302.00% | 94.67% |
EEIDX - Distributions
Dividend Yield Analysis
EEIDX | Category Low | Category High | EEIDX % Rank | |
---|---|---|---|---|
Dividend Yield | 7.23% | 0.00% | 30.02% | 15.32% |
Dividend Distribution Analysis
EEIDX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
EEIDX | Category Low | Category High | EEIDX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.45% | -2.28% | 9.04% | 32.59% |
Capital Gain Distribution Analysis
EEIDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 30, 2022 | $0.043 | OrdinaryDividend |
Oct 31, 2022 | $0.043 | OrdinaryDividend |
Sep 30, 2022 | $0.043 | OrdinaryDividend |
Aug 31, 2022 | $0.043 | OrdinaryDividend |
Jul 29, 2022 | $0.043 | OrdinaryDividend |
Jun 30, 2022 | $0.043 | OrdinaryDividend |
May 31, 2022 | $0.043 | OrdinaryDividend |
Apr 29, 2022 | $0.043 | OrdinaryDividend |
Mar 31, 2022 | $0.043 | OrdinaryDividend |
Feb 28, 2022 | $0.043 | OrdinaryDividend |
Jan 31, 2022 | $0.043 | OrdinaryDividend |
Dec 31, 2021 | $0.043 | OrdinaryDividend |
Nov 30, 2021 | $0.043 | OrdinaryDividend |
Oct 29, 2021 | $0.043 | OrdinaryDividend |
Sep 30, 2021 | $0.043 | OrdinaryDividend |
Aug 31, 2021 | $0.043 | OrdinaryDividend |
Jul 30, 2021 | $0.043 | OrdinaryDividend |
Jun 30, 2021 | $0.043 | OrdinaryDividend |
May 28, 2021 | $0.043 | OrdinaryDividend |
Apr 30, 2021 | $0.043 | OrdinaryDividend |
Mar 31, 2021 | $0.043 | OrdinaryDividend |
Feb 26, 2021 | $0.043 | OrdinaryDividend |
Jan 29, 2021 | $0.043 | OrdinaryDividend |
Dec 31, 2020 | $0.043 | OrdinaryDividend |
Nov 30, 2020 | $0.043 | OrdinaryDividend |
Oct 30, 2020 | $0.043 | OrdinaryDividend |
Sep 30, 2020 | $0.043 | OrdinaryDividend |
Aug 31, 2020 | $0.043 | OrdinaryDividend |
Jul 31, 2020 | $0.043 | OrdinaryDividend |
Jun 30, 2020 | $0.043 | OrdinaryDividend |
May 29, 2020 | $0.043 | OrdinaryDividend |
Apr 30, 2020 | $0.043 | OrdinaryDividend |
Mar 31, 2020 | $0.043 | OrdinaryDividend |
Feb 28, 2020 | $0.043 | OrdinaryDividend |
Jan 31, 2020 | $0.043 | OrdinaryDividend |
Nov 29, 2019 | $0.043 | OrdinaryDividend |
Oct 31, 2019 | $0.043 | OrdinaryDividend |
Sep 30, 2019 | $0.043 | OrdinaryDividend |
Aug 30, 2019 | $0.043 | OrdinaryDividend |
Aug 09, 2019 | $0.068 | OrdinaryDividend |
Jul 31, 2019 | $0.043 | OrdinaryDividend |
Jun 28, 2019 | $0.043 | OrdinaryDividend |
May 31, 2019 | $0.025 | OrdinaryDividend |
Apr 30, 2019 | $0.025 | OrdinaryDividend |
Mar 29, 2019 | $0.025 | OrdinaryDividend |
Feb 28, 2019 | $0.025 | OrdinaryDividend |
Jan 31, 2019 | $0.024 | OrdinaryDividend |
Dec 31, 2018 | $0.024 | OrdinaryDividend |
Nov 30, 2018 | $0.024 | OrdinaryDividend |
Oct 31, 2018 | $0.024 | OrdinaryDividend |
Sep 28, 2018 | $0.024 | OrdinaryDividend |
Aug 31, 2018 | $0.024 | OrdinaryDividend |
Jul 31, 2018 | $0.025 | OrdinaryDividend |
Jun 29, 2018 | $0.024 | OrdinaryDividend |
May 31, 2018 | $0.025 | OrdinaryDividend |
EEIDX - Fund Manager Analysis
Managers
John Baur
Start Date
Tenure
Tenure Rank
Apr 30, 2018
4.09
4.1%
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.
Federico Sequeda
Start Date
Tenure
Tenure Rank
Sep 08, 2021
0.73
0.7%
Akbar Causer
Start Date
Tenure
Tenure Rank
Sep 08, 2021
0.73
0.7%
Mr. Causer has managed the Fund since June 2021. He is a Vice President of Eaton Vance and has been employed by Eaton Vance since 2017. Prior to joining Eaton Vance, Mr. Causer worked as a Senior Analyst at DDJ Capital Management from 2013-2017.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 23.87 | 6.36 | 6.11 |