Overview

Growth of $10,000

10-year period ended 9/30/14

  • Class A at NAV

Average Annual Returns (%) as of Sep 30, 2014

1 Month 3 Months YTD 1 Year 3 Years 5 Years 10 Years
10/31/2014
Fund at NAV 1.25 2.64 8.47 12.82 13.60 11.37 7.57
Fund w/Max Sales Charge -4.59 -3.25 2.19 6.36 11.39 10.07 6.93
S&P 500 Index2 2.44 5.05 10.99 17.27 19.75 16.68 8.20
Barclays U.S. Aggregate Bond Index3 0.98 1.40 5.12 4.14 2.73 4.22 4.63
09/30/2014
Fund at NAV -1.73 -0.09 7.13 15.13 15.52 10.52 7.59
Fund w/Max Sales Charge -7.39 -5.84 0.93 8.57 13.24 9.23 6.95
S&P 500 Index2 -1.40 1.13 8.34 19.73 22.97 15.69 8.10
Barclays U.S. Aggregate Bond Index3 -0.68 0.17 4.10 3.96 2.43 4.12 4.62
Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund's current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than one year is cumulative. Max Sales Charge: 5.75%.

Fund Facts as of Oct 31, 2014

Class A Inception 04/01/1932
Investment Objective Current income and long-term growth of capital
Total Net Assets $279.6M
Minimum Investment $1000
Expense Ratio4 1.14%
CUSIP 277905865

Top 10 Holdings (%)5,6 as of Sep 30, 2014

Apple Inc
JPMorgan Chase & Co
United States Treasury Note/Bond
Fannie Mae Pool
CBS Corp
Fannie Mae Pool
Bank of America Corp
Merck & Co Inc
Gilead Sciences Inc
United States Treasury Inflation Indexed Bonds
Total 14.03


Portfolio Management

Charles Gaffney Managed Fund since 2009
Thomas H. Luster, CFA Managed Fund since 2010
Bernard Scozzafava, CFA Managed Fund since 2010

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding. Fund primarily invests in one or more affiliated investment companies (Portfolios) and may also invest directly. Unless otherwise noted, references to investments are to the aggregate holdings of the Fund, including its pro rata share of each Portfolio or Fund in which it invests.

About Risk 

Fund share values are sensitive to stock market volatility. An imbalance in supply and demand in the income market may result in valuation uncertainties and greater volatility, less liquidity, widening credit spreads and a lack of price transparency in the market. As interest rates rise, the value of certain income investments is likely to decline. Investments in income securities may be affected by changes in the creditworthiness of the issuer and are subject to the risk of nonpayment of principal and interest. The value of income securities also may decline because of real or perceived concerns about the issuer's ability to make principal and interest payments. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Performance

Average Annual Returns (%) as of Sep 30, 2014

1 Month 3 Months YTD 1 Year 3 Years 5 Years 10 Years
10/31/2014
Fund at NAV 1.25 2.64 8.47 12.82 13.60 11.37 7.57
Fund w/Max Sales Charge -4.59 -3.25 2.19 6.36 11.39 10.07 6.93
S&P 500 Index2 2.44 5.05 10.99 17.27 19.75 16.68 8.20
Barclays U.S. Aggregate Bond Index3 0.98 1.40 5.12 4.14 2.73 4.22 4.63
Morningstar™ Moderate Allocation Category7 1.36 1.54 5.50 8.27 11.12 10.30 6.37
09/30/2014
Fund at NAV -1.73 -0.09 7.13 15.13 15.52 10.52 7.59
Fund w/Max Sales Charge -7.39 -5.84 0.93 8.57 13.24 9.23 6.95
S&P 500 Index2 -1.40 1.13 8.34 19.73 22.97 15.69 8.10
Barclays U.S. Aggregate Bond Index3 -0.68 0.17 4.10 3.96 2.43 4.12 4.62
Morningstar™ Moderate Allocation Category7 -2.19 -1.28 4.06 9.80 13.26 9.75 6.34
Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund's current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than one year is cumulative. Max Sales Charge: 5.75%.

Calendar Year Returns (%)

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Fund at NAV 11.57 5.35 14.47 16.10 -30.27 22.99 8.92 1.31 11.50 20.96
S&P 500 Index2 10.88 4.91 15.79 5.49 -37.00 26.46 15.06 2.11 16.00 32.39
Barclays U.S. Aggregate Bond Index3 4.34 2.43 4.33 6.97 5.24 5.93 6.54 7.84 4.21 -2.02

Fund Facts

Expense Ratio4 1.14%
Class A Inception 04/01/1932
Distribution Frequency Quarterly


Risk Measures (3 Year)8 as of Oct 31, 2014

Alpha (%) -0.15
Beta 0.71
R-Squared (%) 94.98
Standard Deviation (%) 6.62
Sharpe Ratio 2.05


Morningstar™ Ratings as of Oct 31, 2014

Time Period Rating Rating (Load Waived) Funds in
Moderate Allocation
Category
Overall *** **** 742
3 Years *** **** 742
5 Years *** **** 653
10 Years *** **** 431
Based on Risk-Adjusted Returns.

The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) Morningstar Rating metrics.

© 2014 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers is responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on how a fund ranks on a Morningstar Risk-Adjusted Return measure against other funds in the same category. This measure takes into account variations in a fund's monthly performance after adjusting for sales loads (except for load-waived A shares) redemption fees, and the risk-free rate, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. Load-waived A share star ratings do not include any front-end sales load and are intended for those investors who have access to such purchase terms (e.g., plan participants of a defined contribution plan). Not all A share mutual funds for which Morningstar calculates a load-waived A share star rating may actually waive their front-end sales load. Therefore, Morningstar strongly encourages investors to contact their investment professional to determine whether they are eligible to purchase the A share without paying the front load. The Morningstar Rating may differ among share classes of a mutual fund as a result of different sales loads and/or expense structure.

NAV History

Date NAV NAV Change
Nov 24, 2014 $9.07 $0.02
Nov 21, 2014 $9.05 $0.04
Nov 20, 2014 $9.01 $0.01
Nov 19, 2014 $9.00 $-0.01
Nov 18, 2014 $9.01 $0.02
Nov 17, 2014 $8.99 $-0.01
Nov 14, 2014 $9.00 $0.00
Nov 13, 2014 $9.00 $0.00
Nov 12, 2014 $9.00 $0.00
Nov 11, 2014 $9.00 $0.01

Distribution History9

Ex-Date Distribution Reinvest NAV
Sep 09, 2014 $0.02590 $8.90
Jun 10, 2014 $0.02370 $8.93
Mar 11, 2014 $0.03590 $8.63
Dec 19, 2013 $0.02330 $8.33
Sep 10, 2013 $0.02080 $8.39
Jun 11, 2013 $0.02660 $8.20
Mar 11, 2013 $0.03030 $8.00
Dec 19, 2012 $0.02860 $7.58
Sep 11, 2012 $0.02730 $7.56
Jun 11, 2012 $0.03070 $7.07
View All
No records in this table indicates that there has not been a distribution greater than .0001 within the past 3 years.
Fund prospectus

Capital Gain History9

Ex-Date Short-Term Long-Term Reinvest NAV
Sep 09, 2014 $0.04990 $0.10770 $8.90
Dec 19, 2013 $0.17450 $0.40280 $8.33
No records in this table indicates that there has not been a capital gain greater than .0001 within the past 3 years.
Fund prospectus

Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is as of month-end for the stated time period only; due to market volatility, the Fund's current performance may be lower or higher than quoted. For the Eaton Vance Fund's performance as of the most recent month-end, please refer to eatonvance.com. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns shown at NAV unless noted otherwise. Returns for other classes of shares offered by the Fund are different. It is not possible to invest in an index.

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding. Fund primarily invests in one or more affiliated investment companies (Portfolios) and may also invest directly. Unless otherwise noted, references to investments are to the aggregate holdings of the Fund, including its pro rata share of each Portfolio or Fund in which it invests.

About Risk 

Fund share values are sensitive to stock market volatility. An imbalance in supply and demand in the income market may result in valuation uncertainties and greater volatility, less liquidity, widening credit spreads and a lack of price transparency in the market. As interest rates rise, the value of certain income investments is likely to decline. Investments in income securities may be affected by changes in the creditworthiness of the issuer and are subject to the risk of nonpayment of principal and interest. The value of income securities also may decline because of real or perceived concerns about the issuer's ability to make principal and interest payments. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Portfolio

Asset Mix (%)5 as of Sep 30, 2014

U.S. Common Stocks 59.15
U.S. Corporate Bonds 13.33
U.S. Govt Agency Mortgage Backed Securities 9.35
U.S. Treasuries 4.92
U.S. Commercial Mortgage Backed Securities 3.21
Foreign Common Stocks and ADR's 3.08
Asset Backed Securities 3.04
Cash & Equivalents 1.69
Other Net Assets 2.23
Total 100.00

Portfolio Statistics as of Sep 30, 2014

Average Maturity 7.39 yrs.


GICS Sector Breakdown (%)10 as of Sep 30, 2014

Sector Fund S&P 500 Index2
Consumer Discretionary 11.28 11.70
Consumer Staples 9.66 9.55
Energy 9.79 9.70
Financials 16.08 16.34
Health Care 13.56 13.89
Industrials 9.44 10.28
Information Technology 17.40 19.66
Materials 3.31 3.45
Telecom Services 2.30 2.43
Utilities 3.01 3.00
Cash 4.17 0.00


Fund Holdings5,11 as of Sep 30, 2014

Holding Coupon Rate Maturity Date % of Net Assets
EV Cash Reserves Fund 0.12% 09/30/2014 4.58%
Apple Inc 0.00% 2.22%
JPMorgan Chase & Co 0.00% 1.45%
United States Treasury Note/Bond 4.63% 02/15/2017 1.44%
Fannie Mae Pool 4.00% 09/01/2042 1.34%
CBS Corp 0.00% 1.34%
Fannie Mae Pool 3.50% 09/01/2042 1.29%
Bank of America Corp 0.00% 1.25%
Merck & Co Inc 0.00% 1.25%
Gilead Sciences Inc 0.00% 1.24%
View All

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding. Fund primarily invests in one or more affiliated investment companies (Portfolios) and may also invest directly. Unless otherwise noted, references to investments are to the aggregate holdings of the Fund, including its pro rata share of each Portfolio or Fund in which it invests.

About Risk 

Fund share values are sensitive to stock market volatility. An imbalance in supply and demand in the income market may result in valuation uncertainties and greater volatility, less liquidity, widening credit spreads and a lack of price transparency in the market. As interest rates rise, the value of certain income investments is likely to decline. Investments in income securities may be affected by changes in the creditworthiness of the issuer and are subject to the risk of nonpayment of principal and interest. The value of income securities also may decline because of real or perceived concerns about the issuer's ability to make principal and interest payments. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Insights & Analysis

Quarterly Commentary

A Word On The Markets  as of Sep 30, 2014

Major global stock markets delivered mixed returns for the third quarter of 2014, as U.S. equities recorded modest gains, while some overseas equity markets retreated. Late in the quarter, most stock markets worldwide fell amid renewed worries about the global economy, mounting international tensions and elevated equity valuations.

On the fixed-income side, the U.S. Treasury yield curve flattened during the quarter, and U.S. credit spreads widened modestly. Yields on 10-year U.S. Treasurys dropped by 4 basis points (bps) while those on two-year Treasurys rose by 11bps. Also reflecting increased bond market volatility, high-yield credit spreads fluctuated throughout the three-month period, ending with a net increase of 82bps.

In the U.S., stocks stalled early in the period, then pulled back sharply in late July on geopolitical and economic concerns. However, many investors viewed the pullback as a buying opportunity, allowing stocks to soon resume their upward trend. In their generally steady rise until the period’s final two weeks, U.S. stocks drew support from the Federal Reserve’s (the Fed) ongoing low-interest-rate policy, along with some positive economic reports. A number of economic indicators pointed to continued gradual improvement in the U.S. economy, including upbeat data on retail sales, manufacturing activity, construction spending, new home starts and revised GDP growth for the second quarter of 2014. On the employment front, hiring indicators turned up in September after lower-than-expected job creation numbers for August.

Overseas, weakening economies in Europe led the European Central Bank (ECB) to adopt further stimulus measures late in the quarter. In China, disappointing economic data for August sparked fresh worries about slowing growth in the world’s second-largest economy. Among major world equity indexes, after hitting an all-time high during the quarter, the Dow Jones Industrial Average12 finished the period with a modest gain of 1.9%. The broader S&P 500 Index2 rose 1.1% after also attaining a record high during the quarter. Large-cap U.S. equities generally outperformed their small-cap counterparts during the quarter, with growth stocks outpacing value stocks within both the large- and small-cap space. Overseas, the MSCI EAFE Index13 of developed-market international stocks fell 5.9%, while the MSCI Emerging Markets Index14 lost 3.5%.

Performance Summary 

Eaton Vance Balanced Fund (the Fund) underperformed its benchmark, the Barclays U.S. Aggregate Bond Index3 (the Index), for the quarter ended September 30, 2014, returning -0.09% for Class A shares at net asset value versus the Index’s 0.17% return.  The Fund’s underperformance versus the Index was in both the equity and fixed-income sleeves of the portfolio.

  • Within the equity sleeve, the Fund’s underperformance was due primarily to negative stock selection, while sector allocation was neutral overall. Among S&P 500 sectors, there was a wide divergence in performance, with health care and financial positions helping and industrials, information technology and materials detracting.
  • There was also a significant difference in market performance over the quarter between large-cap growth equities, which generally rose, and declining small-cap value companies.
  • Within the fixed-income sleeve, the Fund’s overweight in corporates versus Treasurys weighed on Fund performance, as shorter-term interest rates rose slightly on anticipation that the Federal Reserve will likely begin raising the federal funds rate in 2015. This was an area where the Fund had recently reduced its weighting.
  • The Fund’s exposure to emerging-market corporate debt in a variety of industries and countries was a positive contributor to the Fund’s fixed-income sleeve performance.

Average Annual Returns (%) as of Sep 30, 2014

1 Month 3 Months YTD 1 Year 3 Years 5 Years 10 Years
Fund at NAV -1.73 -0.09 7.13 15.13 15.52 10.52 7.59
Fund w/Max Sales Charge -7.39 -5.84 0.93 8.57 13.24 9.23 6.95
S&P 500 Index2 -1.40 1.13 8.34 19.73 22.97 15.69 8.10
Barclays U.S. Aggregate Bond Index3 -0.68 0.17 4.10 3.96 2.43 4.12 4.62
Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund's current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than one year is cumulative. Max Sales Charge: 5.75%.

Fund Facts as of Sep 30, 2014

Class A Inception 04/01/1932
Expense Ratio4 1.14%


Contributors 

While the Fund’s equity selections underperformed in most sectors during the quarter, there were pockets of outperformance in the health care, financials and consumer discretionary sectors.

  • At the individual stock level, biopharmaceutical company Gilead Sciences was the Fund’s top contributor to performance. In the consumer discretionary sector, Home Depot and Lion’s Gate Entertainment also contributed significantly to the Fund’s performance.
  • Other positive performance came from being underweight ExxonMobil in a challenging quarter for the energy sector.
  • In the investment-grade fixed-income sleeve of the Fund’s portfolio, the primary driver of positive performance came from individual security selection in the corporate bond sector.
  • At the individual security level, the Fund’s position in General Motors, which was recently upgraded by S&P to BBB, was a top contributor.

Detractors 

Unfavorable stock selection in various sectors – consumer discretionary, energy and information technology - was the biggest detractor from the Fund’s performance.

  • At the individual stock level, Devon Energy, closely followed by CBS Corp., detracted the most from Fund performance.
  • Within information technology, the Fund’s position in Corning hurt performance, as did lack of exposure to Intel and being underweight Microsoft.
  • Cyclical consumer discretionary names Volkswagen and Autonation also detracted from the Fund’s performance.
  • Within the investment-grade fixed-income sleeve of the portfolio, the main detractor was the Fund’s underweight positioning in the 10-year area of the yield curve, which declined in yield, thereby increasing in value.

Investment Outlook And Fund Positioning 

Global stock-market volatility late in the third quarter raised some concerns about the near-term outlook for stocks, with many observers expecting more market turbulence in the coming months.

In the U.S., the approaching corporate earnings season and the midterm elections in November could trigger some short-term volatility. In addition, many investors will be closely monitoring equity valuations in the wake of U.S. stocks’ long rise. Looking ahead to 2015, investors will weigh the potential impact on stocks if the Fed, as widely expected, begins to raise short-term interest rates. On the positive side, many observers cite the prospect of ongoing gradual U.S. economic growth as a reason for continued optimism regarding U.S. stocks.

Overseas, geopolitical issues remain a source of concern. Investors worried about deflation and recession risks in Europe will be watching for further stimulus initiatives by the ECB. In China, investors will look for a resolution of policy debates around additional economic stimulus, as well as any signs of accelerating growth.

Top 10 Holdings (%)5,6 as of Sep 30, 2014

Apple Inc 2.22
JPMorgan Chase & Co 1.45
United States Treasury Note/Bond 1.44
Fannie Mae Pool 1.34
CBS Corp 1.34
Fannie Mae Pool 1.29
Bank of America Corp 1.25
Merck & Co Inc 1.25
Gilead Sciences Inc 1.24
United States Treasury Inflation Indexed Bonds 1.22
Total 14.03


The views expressed in this report are those of portfolio manager(s) and are current only through the date stated at the top of this page. These views are subject to change at any time based upon market or other conditions, and Eaton Vance disclaims any responsibility to update such views. These views may not be relied upon as investment advice and, because investment decisions are based on many factors, may not be relied upon as an indication of trading intent on behalf of any Eaton Vance fund. This commentary may contain statements that are not historical facts, referred to as "forward looking statements". The Fund's actual future results may differ significantly from those stated in any forward-looking statement, depending on factors such as changes in securities or financial markets or general economic conditions, the volume of sales and purchases of Fund shares, the continuation of investment advisory, administrative and service contracts, and other risks discussed from time to time in the Fund's filings with the Securities and Exchange Commission.

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding. Fund primarily invests in one or more affiliated investment companies (Portfolios) and may also invest directly. Unless otherwise noted, references to investments are to the aggregate holdings of the Fund, including its pro rata share of each Portfolio or Fund in which it invests.

About Risk 

Fund share values are sensitive to stock market volatility. An imbalance in supply and demand in the income market may result in valuation uncertainties and greater volatility, less liquidity, widening credit spreads and a lack of price transparency in the market. As interest rates rise, the value of certain income investments is likely to decline. Investments in income securities may be affected by changes in the creditworthiness of the issuer and are subject to the risk of nonpayment of principal and interest. The value of income securities also may decline because of real or perceived concerns about the issuer's ability to make principal and interest payments. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Attribution

No attribution information is currently available.

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding. Fund primarily invests in one or more affiliated investment companies (Portfolios) and may also invest directly. Unless otherwise noted, references to investments are to the aggregate holdings of the Fund, including its pro rata share of each Portfolio or Fund in which it invests.

About Risk 

Fund share values are sensitive to stock market volatility. An imbalance in supply and demand in the income market may result in valuation uncertainties and greater volatility, less liquidity, widening credit spreads and a lack of price transparency in the market. As interest rates rise, the value of certain income investments is likely to decline. Investments in income securities may be affected by changes in the creditworthiness of the issuer and are subject to the risk of nonpayment of principal and interest. The value of income securities also may decline because of real or perceived concerns about the issuer's ability to make principal and interest payments. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Management

Biography
Charles Gaffney

Charles Gaffney

Vice President, Eaton Vance Management
Joined Eaton Vance 2003

Charles Gaffney is a vice president of Eaton Vance Management and portfolio manager on Eaton Vance’s global core team. He is responsible for buy and sell decisions, portfolio construction and risk management for a number of the firm’s global core equity strategies. He is a member of the firm’s Equity Strategy Committee. He joined Eaton Vance in 2003.

Charlie began his career in the investment management industry in 1996. Before joining Eaton Vance, he was affiliated with Brown Brothers Harriman as a sector portfolio manager and Morgan Stanley Dean Witter as a senior equity analyst.

Charlie earned a B.A. from Bowdoin College in 1995 and an MBA from Fordham University in 2002.

Education
  • B.A. Bowdoin College
  • M.B.A. Graduate School of Business, Fordham University
Experience
  • Managed Fund since 2009
Biography
Thomas H. Luster, CFA

Thomas H. Luster, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 1995

Tom Luster is a vice president of Eaton Vance Management, director of Investment-Grade Fixed Income and portfolio manager on Eaton Vance's investment-grade fixed-income team.

Tom joined Eaton Vance in 1995. Prior to joining Eaton Vance, Tom was associated with Deloitte & Touche Consulting and the Naval Center for Space Technology.

Tom earned a B.S. in mechanical engineering from George Washington University and an M.B.A. in finance from the University of Chicago. He is a CFA charterholder. Tom is also a member of the Fixed Income Management Society of Boston and the Boston Security Analysts Society, and was formerly chairman and a Governor's appointee to the Board of Trustees of Health Care Security, which oversees the investment of Tobacco Litigation Settlement funds for the Commonwealth of Massachusetts.

Tom's commentary has appeared in The Wall Street Journal, Reuters, Investor's Business Daily and American Banker, and he has been featured on New England Cable News and Bloomberg Radio.

Education
  • B.S. George Washington University
  • M.B.A. Booth School of Business, University of Chicago
Experience
  • Managed Fund since 2010
Biography
Bernard Scozzafava, CFA

Bernard Scozzafava, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 2006

Bernard Scozzafava is a vice president of Eaton Vance Management, director of investment-grade quantitative research and portfolio manager on Eaton Vance’s investment- grade fixed-income team. He is responsible for buy and sell decisions, portfolio construction and risk management for the firm’s core fixed-income portfolios. He joined Eaton Vance in 2006.

Bernie began his career in the investment management industry in 1984. Before joining Eaton Vance, he was a portfolio manager and credit analyst with MFS Investment Management.

Bernie earned a B.A. from Hamilton College and an M.S. from the MIT Sloan School of Management. He is a member of the Boston Security Analysts Society and is a CFA charterholder.

Education
  • B.S. Hamilton College
  • M.S. Sloan School of Management, Massachusetts Institute of Technology
Experience
  • Managed Fund since 2010
Other funds managed
 

Fund Literature

Fund Literature

Annual Report

Commentary

Fact Sheet

Estimated Capital Gains: Estimates as of October 15, 2014

Full Prospectus

Holdings-1st or 3rd fiscal quarters-www.sec.gov

SAI

Think Performance Think Eaton Vance

Semi-Annual Report

Summary Prospectus

XBRL


 

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