Eaton Vance Real Estate A
Name
As of 05/27/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-34.8%
1 yr return
37.6%
3 Yr Avg Return
9.9%
5 Yr Avg Return
6.1%
Net Assets
$23.1 M
Holdings in Top 10
46.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.25%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 32.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/27/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
EAREX - Profile
Distributions
- YTD Total Return -34.8%
- 3 Yr Annualized Total Return 7.8%
- 5 Yr Annualized Total Return 4.9%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.41%
- Dividend Yield 3.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameEaton Vance Real Estate Fund
-
Fund Family NameEaton Vance
-
Inception DateJun 09, 2010
-
Shares Outstanding499846
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJ. Craig
Fund Description
The Fund seeks total return through a combination of capital appreciation and current income. Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of companies primarily engaged in the real estate industry (the “80% Policy”). Although it invests primarily in domestic securities, the Fund may invest up to 20% of its net assets in foreign securities. As an alternative to holding foreign stocks directly, the Fund may invest in U.S. dollar-denominated securities of foreign companies that trade on U.S. exchanges, or in the over-the-counter market (including depositary receipts which evidence ownership in underlying foreign stocks). The Fund may invest in exchange-traded funds (“ETFs”), a type of pooled investment vehicle, in order to manage cash positions to seek exposure to certain market sectors. The Fund is “non-diversified,” which means it may invest a greater percentage of its asset in the securities of a single issuer than a “diversified” fund.
Companies primarily engaged in the real estate industry and other real estate-related investments may include publicly traded real estate investment trusts (“REITs”) or real estate operating companies that either own properties or make construction or mortgage loans, real estate developers, companies with substantial real estate holdings and other companies whose products and services are related to the real estate industry, such as lodging operators, brokers, property management companies, building supply manufacturers, mortgage lenders, or mortgage servicing companies. REITs tend to be small to medium-sized companies. The value of a REIT can depend on the structure of and cash flow generated by the REIT. REITs are pooled investment vehicles that have expenses of their own, so the Fund will indirectly bear its proportionate share of those expenses. The Fund will not own real estate directly.
The portfolio manager generally seeks to purchase securities of companies that he believes are high in quality and reasonably priced in relation to their fundamental value. In selecting securities, the portfolio manager generally seeks companies believed to have the potential for above-average earnings growth and profit margins, as well as good appreciation prospects and income-producing potential. Investment decisions are made primarily on the basis of fundamental research. The portfolio manager utilizes information provided by, and the expertise of, the investment adviser’s research staff in making investment decisions. Factors the portfolio manager considers in selecting real estate companies include one or more of the following: asset quality; quality and experience of management; type and location of real estate owned; nature of a company’s real estate activities; sustainability of a company’s competitive position; balance sheet strength; free cash flow and growth thereof; and relative valuation. While stocks generally are acquired with the expectation of being held for the long term, securities may be sold if, in the opinion of the investment adviser, the price moves above a fair level of valuation, the company’s fundamentals deteriorate or to pursue more attractive investment options. The portfolio manager 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.
EAREX - Performance
Return Ranking - Trailing
Period | EAREX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -34.8% | -34.8% | 26.2% | 100.00% |
1 Yr | 37.6% | -1.7% | 85.5% | 26.96% |
3 Yr | 9.9%* | -3.9% | 26.7% | 75.44% |
5 Yr | 6.1%* | 0.8% | 21.0% | 85.38% |
10 Yr | 7.9%* | 2.5% | 16.3% | 74.19% |
* Annualized
Return Ranking - Calendar
Period | EAREX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -12.9% | -53.9% | 35.0% | 75.46% |
2022 | 18.9% | -0.8% | 43.1% | 48.68% |
2021 | -7.2% | -44.0% | 4.9% | 16.94% |
2020 | 1.7% | -16.4% | 25.4% | 42.86% |
2019 | -0.7% | -13.1% | 340.0% | 52.13% |
Total Return Ranking - Trailing
Period | EAREX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -34.8% | -34.8% | 25.1% | 100.00% |
1 Yr | 29.7% | -5.9% | 85.5% | 74.74% |
3 Yr | 7.8%* | -3.9% | 26.7% | 82.92% |
5 Yr | 4.9%* | 0.6% | 21.0% | 93.08% |
10 Yr | 7.3%* | 2.1% | 16.3% | 84.33% |
* Annualized
Total Return Ranking - Calendar
Period | EAREX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -12.9% | -53.9% | 35.0% | 75.46% |
2022 | 18.9% | -0.8% | 43.1% | 48.68% |
2021 | -4.6% | -43.3% | 4.9% | 14.92% |
2020 | 3.9% | -13.6% | 31.4% | 58.93% |
2019 | 4.9% | -12.3% | 13.4% | 43.60% |
NAV & Total Return History
EAREX - Holdings
Concentration Analysis
EAREX | Category Low | Category High | EAREX % Rank | |
---|---|---|---|---|
Net Assets | 23.1 M | 1.22 M | 72.8 B | 95.86% |
Number of Holdings | 45 | 14 | 521 | 49.15% |
Net Assets in Top 10 | 18.1 M | 458 K | 32.8 B | 91.86% |
Weighting of Top 10 | 46.19% | 15.7% | 97.9% | 55.99% |
Top 10 Holdings
- Prologis Inc 7.24%
- Public Storage 5.70%
- Mid-America Apartment Communities Inc 5.52%
- AvalonBay Communities Inc 5.24%
- Simon Property Group Inc 4.76%
- Equity Residential 4.74%
- Invitation Homes Inc 4.03%
- CubeSmart 3.26%
- Digital Realty Trust Inc 3.12%
- EastGroup Properties Inc 3.06%
Asset Allocation
Weighting | Return Low | Return High | EAREX % Rank | |
---|---|---|---|---|
Stocks | 99.30% | 2.36% | 104.05% | 48.14% |
Cash | 0.70% | -92.69% | 23.30% | 43.05% |
Preferred Stocks | 0.00% | -0.12% | 32.57% | 65.42% |
Other | 0.00% | -6.19% | 95.23% | 68.47% |
Convertible Bonds | 0.00% | 0.00% | 6.50% | 63.73% |
Bonds | 0.00% | -13.28% | 93.05% | 65.76% |
Stock Sector Breakdown
Weighting | Return Low | Return High | EAREX % Rank | |
---|---|---|---|---|
Real Estate | 97.87% | 36.94% | 100.00% | 72.50% |
Consumer Cyclical | 2.13% | 0.00% | 41.47% | 14.64% |
Utilities | 0.00% | 0.00% | 8.18% | 62.50% |
Technology | 0.00% | 0.00% | 22.42% | 66.43% |
Industrials | 0.00% | 0.00% | 11.39% | 66.07% |
Healthcare | 0.00% | 0.00% | 35.62% | 62.50% |
Financial Services | 0.00% | 0.00% | 37.05% | 66.43% |
Energy | 0.00% | 0.00% | 33.11% | 61.43% |
Communication Services | 0.00% | 0.00% | 9.60% | 62.50% |
Consumer Defense | 0.00% | 0.00% | 3.90% | 61.79% |
Basic Materials | 0.00% | 0.00% | 13.99% | 62.14% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | EAREX % Rank | |
---|---|---|---|---|
US | 99.30% | 2.36% | 102.27% | 43.05% |
Non US | 0.00% | -2.02% | 31.63% | 75.93% |
EAREX - Expenses
Operational Fees
EAREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.25% | 0.07% | 30.10% | 51.81% |
Management Fee | 0.80% | 0.00% | 1.50% | 66.22% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 51.75% |
Administrative Fee | 0.15% | 0.01% | 0.47% | 73.42% |
Sales Fees
EAREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 2.50% | 5.75% | 25.49% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
EAREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
EAREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 32.00% | 1.54% | 246.00% | 29.47% |
EAREX - Distributions
Dividend Yield Analysis
EAREX | Category Low | Category High | EAREX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.28% | 0.00% | 4.34% | 67.23% |
Dividend Distribution Analysis
EAREX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
EAREX | Category Low | Category High | EAREX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.41% | -2.55% | 6.70% | 57.84% |
Capital Gain Distribution Analysis
EAREX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Quarterly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 20, 2019 | $0.042 | |
Sep 20, 2018 | $0.081 | |
Jun 20, 2018 | $0.080 | |
Mar 21, 2018 | $0.070 | |
Dec 13, 2017 | $0.093 | |
Sep 20, 2017 | $0.070 | |
Jun 21, 2017 | $0.077 | |
Mar 22, 2017 | $0.062 | |
Sep 21, 2016 | $0.119 | |
Mar 22, 2016 | $0.152 | |
Sep 22, 2015 | $0.066 | |
Jun 22, 2015 | $0.065 | |
Mar 20, 2015 | $0.055 | |
Jun 20, 2014 | $0.060 | |
Mar 20, 2014 | $0.058 | |
Sep 20, 2013 | $0.055 | |
Jun 20, 2013 | $0.053 | |
Mar 20, 2013 | $0.053 | |
Dec 20, 2012 | $0.072 | |
Sep 20, 2012 | $0.046 | |
Jun 20, 2012 | $0.044 | |
Mar 21, 2012 | $0.042 | |
Dec 29, 2011 | $0.047 | |
Sep 21, 2011 | $0.039 | |
Jun 22, 2011 | $0.038 | |
Mar 22, 2011 | $0.041 | |
Dec 30, 2010 | $0.042 | |
Sep 22, 2010 | $0.038 | |
Jun 22, 2010 | $0.064 |
EAREX - Fund Manager Analysis
Managers
J. Craig
Start Date
Tenure
Tenure Rank
Apr 28, 2006
15.02
15.0%
Craig has served as vice president and portfolio manager at Eaton Vance Management. He is also a Vice President of Boston Management and Research. Prior to joining Eaton Vance in 2005, he served as Director-Real Estate Equities and REIT portfolio manager at the Northwestern Mutual Life Insurance Company, where he was employed for 12 years.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.16 | 27.34 | 7.67 | 1.14 |