EIRAX: Eaton Vance Rich Bern All Asst Strat I

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EIRAX Eaton Vance Rich Bern All Asst Strat I


Profile

EIRAX - Profile

Vitals

  • YTD Return 1.9%
  • 3 Yr Annualized Return 1.4%
  • 5 Yr Annualized Return 3.1%
  • Net Assets $695 M
  • Holdings in Top 10 56.7%

52 WEEK LOW AND HIGH

$14.66
$12.79
$14.84

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.97%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 85.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Tactical Allocation

Distributions

  • YTD Total Return 1.9%
  • 3 Yr Annualized Total Return 2.2%
  • 5 Yr Annualized Total Return 4.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.40%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Eaton Vance Richard Bernstein All Asset Strategy Fund
  • Fund Family Name
    Eaton Vance
  • Inception Date
    Sep 30, 2011
  • Shares Outstanding
    34918879
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Richard Bernstein

Fund Description

The fund has flexibility to allocate its assets in markets around the world and among various asset classes, including equity, fixed-income, commodity, currency and cash investments. Under normal circumstances, the advisor currently expects to invest 0-75% of its net assets in equity securities, 25-90% in fixed-income securities and other fixed and floating-rate income instruments, 0-25% in commodities (primarily through the use of ETFs that invest in commodities or commodities-related investments) and/or currencies, and 0-25% in cash and cash equivalents. It may also invest in derivatives to obtain such exposures.


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Categories

Performance

EIRAX - Performance

Return Ranking - Trailing

Period EIRAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.9% -26.5% 37.5% 6.67%
1 Yr 1.5% -27.0% 49.7% 23.78%
3 Yr 1.4%* -13.3% 9.6% 18.54%
5 Yr 3.1%* -12.7% 7.4% 6.61%
10 Yr N/A* -3.9% 2.9% N/A

* Annualized

Return Ranking - Calendar

Period EIRAX Return Category Return Low Category Return High Rank in Category (%)
2019 7.9% -21.7% 26.6% 73.17%
2018 -10.0% -28.0% 0.2% 43.62%
2017 12.4% -11.6% 22.0% 19.58%
2016 6.3% -14.9% 16.0% 26.47%
2015 -2.3% -87.3% -0.8% 7.96%

Total Return Ranking - Trailing

Period EIRAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.9% -26.5% 37.5% 6.67%
1 Yr 1.5% -27.0% 49.7% 23.78%
3 Yr 2.2%* -11.7% 9.6% 28.48%
5 Yr 4.1%* -11.9% 7.4% 9.09%
10 Yr N/A* -3.9% 6.0% N/A

* Annualized

Total Return Ranking - Calendar

Period EIRAX Return Category Return Low Category Return High Rank in Category (%)
2019 7.9% -21.7% 26.6% 73.17%
2018 -10.0% -28.0% 1.1% 73.83%
2017 15.0% -5.4% 22.0% 24.48%
2016 7.1% -14.9% 19.7% 30.15%
2015 -0.7% -87.3% 1.8% 10.62%

NAV & Total Return History


Holdings

EIRAX - Holdings

Concentration Analysis

EIRAX Category Low Category High EIRAX % Rank
Net Assets 695 M 871 K 14.9 B 12.12%
Number of Holdings 251 1 1824 20.38%
Net Assets in Top 10 358 M 0 10.3 B 12.74%
Weighting of Top 10 56.67% 0.0% 99.7% 72.67%

Top 10 Holdings

  1. Schwab US TIPS ETF™ 23.94%
  2. First Trust Low Duration Oppos ETF 13.68%
  3. iShares MSCI China ETF 4.84%
  4. United States Treasury Notes 1.25% 2.92%
  5. United States Treasury Notes 2.25% 2.70%
  6. United States Treasury Notes 1.38% 2.03%
  7. United States Treasury Notes 1.88% 1.88%
  8. PIMCO Enhanced Short Maturity Active ETF 1.73%
  9. United States Treasury Notes 2.12% 1.48%
  10. United States Treasury Notes 2.75% 1.47%

Asset Allocation

Weighting Return Low Return High EIRAX % Rank
Bonds
55.06% -22.52% 79.22% 26.06%
Stocks
38.68% -0.01% 75.59% 50.30%
Cash
6.20% -41.15% 100.00% 62.42%
Convertible Bonds
0.06% 0.00% 4.25% 57.96%
Preferred Stocks
0.00% 0.00% 22.66% 67.52%
Other
0.00% -3.81% 67.56% 85.99%

Stock Sector Breakdown

Weighting Return Low Return High EIRAX % Rank
Healthcare
21.32% 0.00% 49.66% 9.66%
Consumer Defense
15.41% 0.00% 43.97% 8.28%
Technology
13.76% 0.00% 54.08% 69.66%
Financial Services
10.52% 0.00% 100.00% 70.34%
Consumer Cyclical
9.19% 0.00% 19.14% 51.72%
Communication Services
8.74% 0.00% 21.74% 49.66%
Energy
6.02% 0.00% 16.59% 8.28%
Industrials
5.76% 0.00% 20.32% 71.03%
Utilities
5.53% 0.00% 95.58% 26.21%
Basic Materials
3.02% 0.00% 99.96% 45.52%
Real Estate
0.71% 0.00% 34.83% 82.76%

Stock Geographic Breakdown

Weighting Return Low Return High EIRAX % Rank
US
23.26% -0.01% 67.99% 53.50%
Non US
15.42% 0.00% 44.38% 25.48%

Bond Sector Breakdown

Weighting Return Low Return High EIRAX % Rank
Government
62.99% 0.00% 99.73% 17.20%
Securitized
26.23% 0.00% 48.69% 4.46%
Cash & Equivalents
9.45% 0.10% 100.00% 74.52%
Corporate
1.32% 0.00% 97.52% 75.80%
Municipal
0.01% 0.00% 9.14% 45.22%
Derivative
0.00% 0.00% 75.04% 75.16%

Bond Geographic Breakdown

Weighting Return Low Return High EIRAX % Rank
US
54.57% 0.00% 79.22% 14.65%
Non US
0.49% 0.00% 31.02% 78.34%

Expenses

EIRAX - Expenses

Operational Fees

EIRAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.97% 0.00% 5.31% 88.41%
Management Fee 0.84% 0.15% 1.50% 60.98%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.70% N/A

Sales Fees

EIRAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

EIRAX 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.

EIRAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 85.00% 2.69% 474.00% 42.48%

Distributions

EIRAX - Distributions

Dividend Yield Analysis

EIRAX Category Low Category High EIRAX % Rank
Dividend Yield 0.00% 0.00% 6.99% 53.94%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

EIRAX Category Low Category High EIRAX % Rank
Net Income Ratio 1.40% -1.48% 5.27% 37.80%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

EIRAX - Fund Manager Analysis

Managers

Richard Bernstein


Start Date

Tenure

Tenure Rank

Sep 30, 2011

8.76

8.8%

Richard Bernstein is the CEO and CIO (Chief Investment Officer) of Richard Bernstein Advisors (RBA), which he founded in 2009. Prior to RBA, Mr. Bernstein was Chief Investment Strategist (2006-2009) and Chief U.S. Strategist (2001-2006) at Merrill Lynch & Co. Mr. Griswold is the Director of Investments at RBA (since 2010). . A much-noted expert on style investing and asset allocation, Mr. Bernstein was voted to Institutional Investor magazine’s annual “All-America Research Team” eighteen years, and is one of only fifty analysts inducted into the Institutional Investor “Hall of Fame”.

Henry Timmons


Start Date

Tenure

Tenure Rank

Jan 01, 2017

3.5

3.5%

Henry Timmons is the senior quantitative analyst at Richard Bernstein Advisors LLC. Mr. Timmons is responsible for asset allocation, portfolio construction, risk management and ETF research. Before joining RBA, Mr. Timmons was a portfolio manager and quantitative analyst at Grantham, Mayo, Van Otterloo & Co. LLC. While at GMO, Mr. Timmons evaluated quantitative and fundamental sources of alpha as potential inputs to the investment process, while assisting in constructing and managing portfolios. Prior to GMO, Mr. Timmons was a management consultant at PricewaterhouseCoopers LLP, where he designed forecasting models improving supply-chain management processes for various clients. Henry holds a BS in mechanical engineering and an MEng in systems engineering and engineering management from Cornell University, and an MBA in finance from Cornell University's SC Johnson College of Business. He is a Chartered Financial Analyst® charterholder.

Matthew Griswold


Start Date

Tenure

Tenure Rank

Jan 01, 2017

3.5

3.5%

Before joining RBA, Mr. Griswold was a vice president and portfolio manager at State Street Global Advisors, with responsibility for the design, execution and evaluation of both new and existing global investment strategies. His extensive portfolio management experience spans most major asset classes and includes both quantitative and fundamental investment disciplines. For almost 20 years, Matt assumed a wide variety of leadership positions within State Street in areas of portfolio construction, research, performance measurement, risk analysis, mutual fund administration and client service.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 29.52 5.26 7.65