Overview

Average Annual Returns (%) as of Mar 31, 2013

1 Month 3 Months YTD 1 Year 3 Years 5 Years 10 Years
4/30/2013
Fund at NAV -0.11 4.17 9.21 4.52 7.57 -1.14 8.61
Fund w/Max Sales Charge -5.80 -1.80 2.89 -1.49 5.48 -2.31 7.97
Russell 3000 Growth Index1 1.91 7.14 11.92 12.83 13.38 6.74 8.25
3/31/2013
Fund at NAV 3.12 9.33 9.33 5.35 8.69 1.13 9.52
Fund w/Max Sales Charge -2.83 3.00 3.00 -0.75 6.57 -0.05 8.86
Russell 3000 Growth Index1 3.86 9.82 9.82 10.42 13.18 7.43 8.83
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 Apr 30, 2013

Class A Inception 08/01/1952
Investment Objective Capital growth
Total Net Assets of Fund $144.0M
Minimum Investment $1000
Expense Ratio2 1.32%
CUSIP 277902102

Top 10 Holdings (%)3,4 as of Mar 31, 2013

Apple Inc
Google Inc
Amazon.com Inc
Gilead Sciences Inc
EMC Corp
Walt Disney Co
Monsanto Co
EOG Resources Inc
Tractor Supply Co
Anheuser-Busch InBev NV
Total 23.25


Portfolio Management

Kwang Kim Managed Fund since 2010
Gerald Moore, CFA Managed Fund since 2010
G. R. Nelson Managed Fund since 2010

 

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk 

Fund share values are sensitive to stock market volatility. Smaller companies are generally subject to greater price fluctuations, limited liquidity, higher transaction costs and higher investment risk than larger, established companies. 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.


1. Russell 3000 Growth Index is an unmanaged index of the broad growth segment of the U.S. equity universe. Unless otherwise stated, index returns do not reflect the effect of any applicable sales charges, commissions, expenses, taxes or leverage, as applicable. It is not possible to invest directly in an index. Historical performance of the index illustrates market trends and does not represent the past or future performance of the fund.
2. Source: Fund prospectus.
3. Percent of total net assets.
4. Top 10 holdings exclude cash and equivalents.

Performance

Average Annual Returns (%) as of Mar 31, 2013

1 Month 3 Months YTD 1 Year 3 Years 5 Years 10 Years
4/30/2013
Fund at NAV -0.11 4.17 9.21 4.52 7.57 -1.14 8.61
Fund w/Max Sales Charge -5.80 -1.80 2.89 -1.49 5.48 -2.31 7.97
Russell 3000 Growth Index1 1.91 7.14 11.92 12.83 13.38 6.74 8.25
3/31/2013
Fund at NAV 3.12 9.33 9.33 5.35 8.69 1.13 9.52
Fund w/Max Sales Charge -2.83 3.00 3.00 -0.75 6.57 -0.05 8.86
Russell 3000 Growth Index1 3.86 9.82 9.82 10.42 13.18 7.43 8.83
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 (%)

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Fund at NAV 36.65 16.12 1.87 20.90 31.41 -52.84 49.13 10.00 -1.43 11.59
Russell 3000 Growth Index1 30.97 6.93 5.17 9.46 11.40 -38.44 37.01 17.64 2.18 15.21

Fund Facts

Expense Ratio2 1.32%
Class A Inception 08/01/1952
Distribution Frequency Annually


Risk Measures (3 Year)5 as of Apr 30, 2013

Alpha -5.63
Beta 1.05
R-Squared 94.89
Standard Deviation 17.00
Sharpe Ratio 0.44


Morningstar™ Ratings as of Apr 30, 2013

Time Period Rating Rating (Load Waived) Funds in
Mid-Cap Growth
Category
Overall * ** 642
3 Years * ** 642
5 Years * * 559
10 Years * ** 412
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.

© 2013 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
May 16, 2013 $9.66 $-0.05
May 15, 2013 $9.71 $0.04
May 14, 2013 $9.67 $0.11
May 13, 2013 $9.56 $0.01
May 10, 2013 $9.55 $0.06
May 09, 2013 $9.49 $-0.01
May 08, 2013 $9.50 $0.05
May 07, 2013 $9.45 $0.03
May 06, 2013 $9.42 $0.04
May 03, 2013 $9.38 $0.15

Distribution History6

Ex-Date Distribution Reinvest NAV
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 History6

Ex-Date Short-Term Long-Term Reinvest NAV
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 www.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.

About Risk 

Fund share values are sensitive to stock market volatility. Smaller companies are generally subject to greater price fluctuations, limited liquidity, higher transaction costs and higher investment risk than larger, established companies. 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.


1. Russell 3000 Growth Index is an unmanaged index of the broad growth segment of the U.S. equity universe. Unless otherwise stated, index returns do not reflect the effect of any applicable sales charges, commissions, expenses, taxes or leverage, as applicable. It is not possible to invest directly in an index. Historical performance of the index illustrates market trends and does not represent the past or future performance of the fund.
2. Source: Fund prospectus.
5. Alpha measures risk-adjusted performance, showing excess return delivered at the same risk level as the benchmark. Beta measures the volatility of a fund relative to the overall market. R—Squared represents the percentage of the portfolio's movement that can be explained by the general movement of the market. Standard deviation measures the historic volatility of a fund. Sharpe Ratio uses standard deviation and excess return to determine reward per unit of risk.
6. A portion of the Fund's returns may be comprised of return of capital or short term capital gains. The Fund will determine the tax characteristics of all Fund distributions after the end of the calendar year and will provide shareholders such information at that time. Please consult your tax advisor for further information.

Portfolio

Asset Mix (%)3 as of Mar 31, 2013

U.S. Common Stocks 93.56
Foreign Common Stocks 4.01
Cash & Equivalents 2.43
Total 100.00

Portfolio Statistics as of Mar 31, 2013

Median Market Cap $12.2B
Price/Earnings Ratio 19.07
Number of Holdings 100
Price/Book Ratio 3.31


GICS Sector Breakdown (%)3 as of Mar 31, 2013

Sector Fund Russell 3000 Growth Index1
Consumer Discretionary 15.11 16.77
Consumer Staples 8.42 12.27
Energy 7.17 4.33
Financials 7.09 5.10
Health Care 15.80 13.44
Industrials 13.09 13.36
Information Technology 25.66 28.36
Materials 5.22 3.98
Telecom Services 0.00 2.18
Utilities 0.00 0.21
Cash 2.44 0.00


Fund Holdings (%)3,7 as of Mar 31, 2013

Holding % of Net Assets
Apple Inc 4.39%
Google Inc 3.58%
EV Cash Reserves Fund 2.85%
Amazon.com Inc 2.20%
Gilead Sciences Inc 2.16%
EMC Corp 1.97%
Walt Disney Co 1.93%
Monsanto Co 1.91%
EOG Resources Inc 1.74%
Tractor Supply Co 1.71%
View All

 

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk 

Fund share values are sensitive to stock market volatility. Smaller companies are generally subject to greater price fluctuations, limited liquidity, higher transaction costs and higher investment risk than larger, established companies. 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.


1. Russell 3000 Growth Index is an unmanaged index of the broad growth segment of the U.S. equity universe. Unless otherwise stated, index returns do not reflect the effect of any applicable sales charges, commissions, expenses, taxes or leverage, as applicable. It is not possible to invest directly in an index. Historical performance of the index illustrates market trends and does not represent the past or future performance of the fund.
3. Percent of total net assets.
7. The following list reflects unaudited securities holdings (excluding derivatives positions). Holdings information may differ if presented as of trade date. Due to rounding, holdings of less than 0.005% may show as 0.00%. Portfolio information subject to change due to active management.

Insights & Analysis

Quarterly Commentary

 

No commentary information is available.

 

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk 

Fund share values are sensitive to stock market volatility. Smaller companies are generally subject to greater price fluctuations, limited liquidity, higher transaction costs and higher investment risk than larger, established companies. 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 available.

 

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk 

Fund share values are sensitive to stock market volatility. Smaller companies are generally subject to greater price fluctuations, limited liquidity, higher transaction costs and higher investment risk than larger, established companies. 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
Kwang Kim

Kwang Kim

Vice President, Eaton Vance Management
Joined Eaton Vance 2004

Kwang Kim is a vice president of Eaton Vance Management and portfolio manager on Eaton Vance's multi-cap growth team. He is also an equity analyst covering small- and mid-cap telecom and technology companies.

Kwang joined Eaton Vance in 2004 with experience in the investment management industry dating to 1997. Prior to joining the firm, he was affiliated with Gartmore Global Investments and BlackRock Financial. At Gartmore Global Investments, he was a technology/media/telecom portfolio manager, and managed a long only and sector neutral hedge fund.

Kwang earned a B.A. from Oberlin College.

Education
  • B.A. Oberlin College
Experience
  • Managed Fund since 2010
Other funds managed
 
Biography
Gerald Moore, CFA

Gerald Moore, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 2010

Gerald Moore is a vice president of Eaton Vance Management, a portfolio manager on Eaton Vance's multi-cap growth team, and an equity analyst covering small- and mid-cap healthcare companies.

Prior to joining Eaton Vance in 2010, Gerald was associated with Putnam Investments from 1997-2010 in various capacities, including most recently as managing director/senior portfolio manager. He held other positions while at Putnam, such as senior vice president/senior portfolio manager and senior vice president/senior equity analyst. Previous experience includes affiliations with The Boston Company Asset Management, Cowen and Company, and Texas Instruments, Inc.

Gerald earned a B.S. in electrical engineering from the University of Wisconsin, Madison and an M.B.A. from the Amos Tuck School of Business Administration at Dartmouth College. He is involved with Youth Enrichment Services (YES) in Boston, acting as treasurer, board of directors and previously sat on the organization's board of trustees. Gerald has both U.S. and British citizenship, and was raised in Switzerland. He is a CFA charterholder.

Education
  • B.S. University of Wisconsin, Madison
  • M.B.A. Amost Tuck School of Business Administration, Dartmouth College
Experience
  • Managed Fund since 2010
Other funds managed
 
Biography
G. R. Nelson

G. R. Nelson

Vice President, Eaton Vance Management
Joined Eaton Vance 2004

G.R. Nelson is a vice president of Eaton Vance Management and portfolio manager on Eaton Vance's multi-cap growth team. He is also an equity analyst covering household products, tobacco, personal finance, and computer and business services companies.

G.R.'s experience in the investment industry dates to 1997. Before joining Eaton Vance in 2004, he worked for Alex Brown, One Equity Partners and Bank One. He also completed internships with McKinsey and Company and Fayez Sarofim & Company.

G.R. earned a B.B.A. in finance, magna cum laude, from the University of Notre Dame and an M.B.A., with distinction, from Harvard University's Graduate School of Business, where he co-wrote a case on the Chicago Board of Options Exchange.

Education
  • B.B.A. University of Notre Dame
  • M.B.A. Harvard University Graduate School of Business
Experience
  • Managed Fund since 2010
Other funds managed
 

Fund Literature

Fund Literature

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

Fact Sheet

Think Performance Think Eaton Vance.pdf

Summary Prospectus

Full Prospectus

XBRL

Annual Report

Semi-Annual Report

SAI

Opportunity Knocking: The long-term case for equity investing


 

Symbol:  

NAV as of  
  0.00%

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