EEIAX: Eaton Vance Emerging Markets Local Inc A

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EEIAX Eaton Vance Emerging Markets Local Inc A


Profile

EEIAX - Profile

Vitals

  • YTD Return -9.3%
  • 3 Yr Annualized Return -7.0%
  • 5 Yr Annualized Return -5.6%
  • Net Assets $1.17 B
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$5.17
$4.46
$5.92

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.22%

SALES FEES

  • Front Load 4.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 46.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Emerging-Markets Local-Currency Bond

Distributions

  • YTD Total Return -9.3%
  • 3 Yr Annualized Total Return -2.1%
  • 5 Yr Annualized Total Return 1.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 6.57%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Eaton Vance Emerging Markets Local Income Fund
  • Fund Family Name
    Eaton Vance
  • Inception Date
    Jun 27, 2007
  • Shares Outstanding
    27048523
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Baur

Fund Description

The fund seeks its investment objective by investing in securities, derivatives and other instruments to establish investment exposures to emerging markets. It invests at least 80% of net assets (plus any borrowings for investment purposes) in (i) securities denominated in currencies of emerging market countries; (ii) fixed income instruments issued by emerging market entities or sovereign nations; and/or (iii) derivative instruments, denominated in or based on the currencies, interest rates, or issues of, emerging market countries (the "80% Policy"). The fund is non-diversified.


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Categories

Performance

EEIAX - Performance

Return Ranking - Trailing

Period EEIAX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.3% -11.5% 7.5% 78.72%
1 Yr -9.8% -18.1% 12.5% 80.85%
3 Yr -7.0%* -11.0% 5.4% 82.50%
5 Yr -5.6%* -6.2% 3.5% 94.29%
10 Yr -6.6%* -6.6% 2.6% 83.33%

* Annualized

Return Ranking - Calendar

Period EEIAX Return Category Return Low Category Return High Rank in Category (%)
2019 7.5% -7.4% 20.2% 61.70%
2018 -16.8% -19.3% 0.0% 65.22%
2017 6.3% 2.6% 26.2% 83.78%
2016 1.2% -5.2% 13.0% 88.57%
2015 -21.3% -21.5% -2.3% 97.14%

Total Return Ranking - Trailing

Period EEIAX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.3% -11.5% 7.5% 78.72%
1 Yr -9.8% -18.1% 12.5% 80.85%
3 Yr -2.1%* -11.0% 7.4% 80.00%
5 Yr 1.5%* -6.2% 4.9% 62.86%
10 Yr -1.2%* -5.3% 3.1% 66.67%

* Annualized

Total Return Ranking - Calendar

Period EEIAX Return Category Return Low Category Return High Rank in Category (%)
2019 9.3% -7.4% 20.2% 51.06%
2018 -8.4% -19.3% 0.0% 32.61%
2017 16.1% 4.8% 29.6% 59.46%
2016 12.3% -3.5% 13.2% 17.14%
2015 -12.7% -18.5% -0.3% 80.00%

NAV & Total Return History


Holdings

EEIAX - Holdings

Concentration Analysis

EEIAX Category Low Category High EEIAX % Rank
Net Assets 1.17 B 31.4 K 1.17 B 4.17%
Number of Holdings 1 1 527 97.78%
Net Assets in Top 10 1.33 B -14.7 K 1.33 B 4.44%
Weighting of Top 10 100.00% 2.9% 100.0% 4.44%

Top 10 Holdings

  1. Emerging Markets Local Income Portfolio 100.00%

Asset Allocation

Weighting Return Low Return High EEIAX % Rank
Other
100.00% -9.74% 100.00% 4.44%
Stocks
0.00% 0.00% 73.28% 91.11%
Preferred Stocks
0.00% 0.00% 0.47% 53.33%
Convertible Bonds
0.00% 0.00% 13.84% 57.78%
Cash
0.00% -17.90% 110.73% 91.11%
Bonds
0.00% -1.46% 79.13% 91.11%

Expenses

EEIAX - Expenses

Operational Fees

EEIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.22% 0.92% 13.51% 77.78%
Management Fee 0.65% 0.15% 1.15% 20.00%
12b-1 Fee 0.30% 0.00% 1.00% 69.23%
Administrative Fee N/A 0.02% 0.25% N/A

Sales Fees

EEIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.75% 3.50% 5.75% 50.00%
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

EEIAX 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.

EEIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 46.00% 0.00% 188.64% 35.71%

Distributions

EEIAX - Distributions

Dividend Yield Analysis

EEIAX Category Low Category High EEIAX % Rank
Dividend Yield 0.00% 0.00% 2.47% 56.00%

Dividend Distribution Analysis

EEIAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Annually

Net Income Ratio Analysis

EEIAX Category Low Category High EEIAX % Rank
Net Income Ratio 6.57% -0.61% 8.13% 13.33%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

EEIAX - Fund Manager Analysis

Managers

John Baur


Start Date

Tenure

Tenure Rank

Jan 28, 2008

12.43

12.4%

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.

Michael Cirami


Start Date

Tenure

Tenure Rank

Jan 28, 2008

12.43

12.4%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.13 17.51 5.69 8.84