Eaton Vance Glbl Macr Absolute Return C
- ECGMX
- Price as of: Jan 15, 2021
-
$8.83
N/A N/A
- Primary Theme
- Bond Sector Diversified
- Fund Company
- Eaton Vance
- Share Class
ECGMX - Snapshot
Vitals
- YTD Return 0.3%
- 3 Yr Annualized Return 2.2%
- 5 Yr Annualized Return 2.6%
- Net Assets $3.19 B
- Holdings in Top 10 100.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.75%
SALES FEES
- Front Load N/A
- Deferred Load 1.00%
BROKERAGE FEES
- Turnover 81.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000
- IRA N/A
Fund Classification
-
Primary Theme
Bond Sector Diversified
- Fund Type Open End Mutual Fund
- Investment Style Nontraditional Bond
ECGMX - Profile
Distributions
- YTD Total Return 0.3%
- 3 Yr Annualized Total Return 2.2%
- 5 Yr Annualized Total Return 2.6%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.51%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameEaton Vance Global Macro Absolute Return Fund
-
Fund Family NameEaton Vance
-
Inception DateOct 01, 2009
-
Shares Outstanding5200022
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJohn Baur
Fund Description
The fund seeks its investment objective by investing in securities, derivatives and other instruments to establish long and short investment exposures around the world. Total return is defined as income plus capital appreciation. It normally invests in multiple countries and frequently has significant exposure to foreign currencies and investments. The fund's long and short investments are primarily sovereign exposures, including currencies, interest rates and debt instruments issued or guaranteed by sovereign entities. It is non-diversified.
ECGMX - Performance
Return Ranking - Trailing
| Period | ECGMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.3% | -2.1% | 5.3% | 25.46% |
| 1 Yr | 2.7% | -28.6% | 24.1% | 74.05% |
| 3 Yr | 2.2%* | -17.9% | 10.4% | 83.23% |
| 5 Yr | 2.6%* | -11.9% | 14.1% | 87.95% |
| 10 Yr | 1.7%* | -1.2% | 13.0% | 94.86% |
* Annualized
Return Ranking - Calendar
| Period | ECGMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -0.8% | -49.2% | 314.3% | 68.33% |
| 2019 | 3.9% | -35.1% | 15.3% | 61.65% |
| 2018 | -6.7% | -48.0% | 3.1% | 72.91% |
| 2017 | 0.8% | -14.8% | 11.2% | 68.61% |
| 2016 | 0.0% | -11.2% | 10.7% | 85.08% |
Total Return Ranking - Trailing
| Period | ECGMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.3% | -2.1% | 5.3% | 25.46% |
| 1 Yr | 1.7% | -31.1% | 24.1% | 71.29% |
| 3 Yr | 2.2%* | -19.5% | 10.4% | 79.15% |
| 5 Yr | 2.6%* | -12.9% | 14.1% | 86.59% |
| 10 Yr | 1.7%* | -1.2% | 13.0% | 94.26% |
* Annualized
Total Return Ranking - Calendar
| Period | ECGMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -0.8% | -49.2% | 314.3% | 68.33% |
| 2019 | 4.4% | -35.1% | 15.3% | 56.83% |
| 2018 | -4.2% | -48.0% | 8.0% | 54.68% |
| 2017 | 3.2% | -14.8% | 15.2% | 44.53% |
| 2016 | 3.0% | -11.2% | 17.7% | 62.40% |
NAV & Total Return History
ECGMX - Holdings
Concentration Analysis
| ECGMX | Category Low | Category High | ECGMX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.19 B | 1 M | 132 B | 16.64% |
| Number of Holdings | 3 | 3 | 7676 | 98.64% |
| Net Assets in Top 10 | 3.17 B | -2.73 B | 12 B | 4.35% |
| Weighting of Top 10 | 99.99% | 4.8% | 100.0% | 1.05% |
Top 10 Holdings
- Global Macro Portfolio 100.00%
- Global Macro Portfolio 100.00%
- Global Macro Portfolio 99.99%
- Global Macro Portfolio 99.99%
- Global Macro Portfolio 99.99%
- Global Macro Portfolio 99.99%
- Global Macro Portfolio 99.99%
- Global Macro Portfolio 99.99%
- Global Macro Portfolio 99.99%
- Global Macro Portfolio 99.99%
Asset Allocation
| Weighting | Return Low | Return High | ECGMX % Rank | |
|---|---|---|---|---|
| Bonds | 144.67% | -262.75% | 9989800.00% | 4.32% |
| Other | 5.49% | -42.24% | 120.57% | 5.98% |
| Stocks | 5.02% | -91.60% | 170.77% | 9.58% |
| Preferred Stocks | 0.00% | 0.00% | 35.26% | 55.84% |
| Convertible Bonds | 0.00% | 0.00% | 179.84% | 83.42% |
| Cash | -55.18% | -229.11% | 362.75% | 95.79% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ECGMX % Rank | |
|---|---|---|---|---|
| Financial Services | 37.40% | 0.00% | 100.00% | 14.17% |
| Real Estate | 24.49% | 0.00% | 100.00% | 13.75% |
| Consumer Defense | 10.90% | 0.00% | 93.82% | 6.25% |
| Communication Services | 8.78% | 0.00% | 100.00% | 29.38% |
| Consumer Cyclical | 8.03% | 0.00% | 100.00% | 25.42% |
| Industrials | 7.17% | 0.00% | 100.00% | 29.79% |
| Technology | 1.46% | 0.00% | 100.00% | 28.13% |
| Basic Materials | 1.11% | 0.00% | 55.22% | 31.88% |
| Utilities | 0.65% | 0.00% | 100.00% | 42.08% |
| Healthcare | 0.00% | 0.00% | 80.00% | 48.13% |
| Energy | 0.00% | 0.00% | 100.00% | 70.21% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ECGMX % Rank | |
|---|---|---|---|---|
| US | 5.02% | -87.24% | 170.77% | 8.15% |
| Non US | 0.00% | -4.36% | 8.33% | 30.57% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | ECGMX % Rank | |
|---|---|---|---|---|
| Derivative | 56.79% | 0.00% | 68.37% | 1.63% |
| Government | 23.16% | 0.00% | 98.23% | 22.55% |
| Cash & Equivalents | 18.16% | 0.01% | 100.00% | 18.34% |
| Securitized | 1.09% | 0.00% | 99.25% | 84.51% |
| Corporate | 0.80% | 0.00% | 99.91% | 89.67% |
| Municipal | 0.00% | 0.00% | 41.64% | 41.44% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | ECGMX % Rank | |
|---|---|---|---|---|
| US | 144.67% | -262.75% | 219.84% | 2.04% |
| Non US | 0.00% | -13.39% | 231.13% | 94.70% |
ECGMX - Expenses
Operational Fees
| ECGMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.75% | 0.01% | 14.61% | 26.42% |
| Management Fee | 0.55% | 0.00% | 2.25% | 31.62% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 79.05% |
| Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
| ECGMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 5.50% | 15.31% |
Trading Fees
| ECGMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.40% | 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.
| ECGMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 81.00% | 0.00% | 493.00% | 44.29% |
ECGMX - Distributions
Dividend Yield Analysis
| ECGMX | Category Low | Category High | ECGMX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 6.44% | 18.16% |
Dividend Distribution Analysis
| ECGMX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
| ECGMX | Category Low | Category High | ECGMX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.51% | -1.55% | 18.14% | 44.01% |
Capital Gain Distribution Analysis
| ECGMX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency |
Dividend Payout History
| Date | Amount |
|---|---|
| Mar 29, 2019 | $0.023 |
| Feb 28, 2019 | $0.023 |
| Jan 31, 2019 | $0.023 |
| Dec 31, 2018 | $0.023 |
| Nov 30, 2018 | $0.019 |
| Oct 31, 2018 | $0.019 |
| Sep 28, 2018 | $0.019 |
| Aug 31, 2018 | $0.019 |
| Jul 31, 2018 | $0.019 |
| Jun 29, 2018 | $0.019 |
| May 31, 2018 | $0.019 |
| Apr 30, 2018 | $0.019 |
| Mar 29, 2018 | $0.019 |
| Feb 28, 2018 | $0.019 |
| Jan 31, 2018 | $0.018 |
| Dec 29, 2017 | $0.019 |
| Nov 30, 2017 | $0.019 |
| Oct 31, 2017 | $0.019 |
| Sep 29, 2017 | $0.019 |
| Aug 31, 2017 | $0.019 |
| Jul 31, 2017 | $0.019 |
| Jun 30, 2017 | $0.019 |
| May 31, 2017 | $0.019 |
| Apr 28, 2017 | $0.019 |
| Mar 31, 2017 | $0.019 |
| Feb 28, 2017 | $0.019 |
| Jan 31, 2017 | $0.019 |
| Dec 30, 2016 | $0.019 |
| Nov 30, 2016 | $0.019 |
| Oct 31, 2016 | $0.019 |
| Sep 30, 2016 | $0.019 |
| Aug 31, 2016 | $0.024 |
| Jul 29, 2016 | $0.024 |
| Jun 30, 2016 | $0.024 |
| May 31, 2016 | $0.024 |
| Apr 29, 2016 | $0.024 |
| Mar 31, 2016 | $0.024 |
| Feb 29, 2016 | $0.023 |
| Jan 29, 2016 | $0.024 |
| Dec 31, 2015 | $0.024 |
| Nov 30, 2015 | $0.023 |
| Oct 30, 2015 | $0.024 |
| Sep 30, 2015 | $0.023 |
| Aug 31, 2015 | $0.024 |
| Jul 31, 2015 | $0.024 |
| Jun 30, 2015 | $0.023 |
| May 29, 2015 | $0.024 |
| Apr 30, 2015 | $0.023 |
| Mar 31, 2015 | $0.024 |
| Feb 27, 2015 | $0.022 |
| Jan 30, 2015 | $0.024 |
| Dec 31, 2014 | $0.024 |
| Nov 28, 2014 | $0.023 |
| Oct 31, 2014 | $0.024 |
| Sep 30, 2014 | $0.023 |
| Aug 29, 2014 | $0.024 |
| Jul 31, 2014 | $0.024 |
| Jun 30, 2014 | $0.023 |
| May 30, 2014 | $0.024 |
| Apr 30, 2014 | $0.023 |
| Mar 31, 2014 | $0.024 |
| Feb 28, 2014 | $0.022 |
| Jan 31, 2014 | $0.024 |
| Dec 31, 2013 | $0.024 |
| Nov 29, 2013 | $0.023 |
| Oct 31, 2013 | $0.024 |
| Sep 30, 2013 | $0.023 |
| Aug 30, 2013 | $0.024 |
| Jul 31, 2013 | $0.024 |
| Jun 28, 2013 | $0.023 |
| May 31, 2013 | $0.024 |
| Apr 30, 2013 | $0.023 |
| Mar 28, 2013 | $0.024 |
| Feb 28, 2013 | $0.022 |
| Jan 31, 2013 | $0.024 |
| Dec 31, 2012 | $0.024 |
| Nov 30, 2012 | $0.023 |
| Oct 31, 2012 | $0.024 |
| Sep 28, 2012 | $0.023 |
| Aug 31, 2012 | $0.024 |
| Jul 31, 2012 | $0.024 |
| Jun 29, 2012 | $0.023 |
| May 31, 2012 | $0.024 |
| Apr 30, 2012 | $0.023 |
| Mar 30, 2012 | $0.024 |
| Feb 29, 2012 | $0.022 |
| Jan 31, 2012 | $0.024 |
| Dec 30, 2011 | $0.024 |
| Nov 30, 2011 | $0.023 |
| Oct 31, 2011 | $0.024 |
| Sep 30, 2011 | $0.023 |
| Aug 31, 2011 | $0.024 |
| Jul 29, 2011 | $0.024 |
| Jun 30, 2011 | $0.023 |
| May 31, 2011 | $0.024 |
| Apr 29, 2011 | $0.027 |
| Mar 31, 2011 | $0.028 |
| Feb 28, 2011 | $0.030 |
| Jan 31, 2011 | $0.033 |
| Dec 31, 2010 | $0.033 |
| Nov 30, 2010 | $0.032 |
| Oct 29, 2010 | $0.033 |
| Sep 30, 2010 | $0.032 |
| Aug 31, 2010 | $0.033 |
| Jul 30, 2010 | $0.033 |
| Jun 30, 2010 | $0.032 |
| May 28, 2010 | $0.033 |
| Apr 30, 2010 | $0.032 |
| Mar 31, 2010 | $0.033 |
| Feb 26, 2010 | $0.030 |
| Jan 29, 2010 | $0.041 |
| Dec 31, 2009 | $0.083 |
| Nov 30, 2009 | $0.040 |
| Oct 30, 2009 | $0.041 |
ECGMX - Fund Manager Analysis
Managers
John Baur
Start Date
Tenure
Tenure Rank
Jan 28, 2008
12.93
12.9%
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.
Michael Cirami
Start Date
Tenure
Tenure Rank
Jan 28, 2008
12.93
12.9%
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 Stein
Start Date
Tenure
Tenure Rank
Aug 12, 2010
10.39
10.4%
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 | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 29.65 | 5.5 | 2.0 |