Overview

Historical Returns (%) as of Jun 30, 2020

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 or equal to one year is cumulative. Total return prior to the commencement of the class reflects returns of another Fund class. Prior returns are adjusted to reflect applicable sales charge (but were not adjusted for other expenses). If adjusted for other expenses, returns would be lower. The share class has no sales charge.
 

Fund Facts as of May 31, 2020

Class R6 Inception 07/01/2014
Performance Inception 04/30/2002
Investment Objective Long-term capital growth
Total Net Assets $11.3B
Minimum Investment $1000000
Expense Ratio3 0.82%
CUSIP 277902235

Top 10 Holdings (%)4,5 as of May 31, 2020

WR Berkley Corp 4.33
Aramark 3.41
WEX Inc 3.29
TransUnion 3.20
JB Hunt Transport Services Inc 3.08
Teleflex Inc 3.03
ServiceMaster Global Holdings Inc 2.75
Carlisle Cos Inc 2.65
AptarGroup Inc 2.50
RPM International Inc 2.36
Total 30.60
 

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

About Risk: 

The value of investments held by the Fund may increase or decrease in response to economic, and financial events (whether real, expected or perceived) in the U.S. and global markets. The value of equity securities is 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, more established companies. The Fund is exposed to liquidity risk when trading volume, lack of a market maker or trading partner, large position size, market conditions, or legal restrictions impair its ability to sell particular investments or to sell them at advantageous market prices. The impact of the coronavirus on global markets could last for an extended period and could adversely affect the Fund’s performance. 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

Historical Returns (%) as of Mar 31, 2020

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 or equal to one year is cumulative. Total return prior to the commencement of the class reflects returns of another Fund class. Prior returns are adjusted to reflect applicable sales charge (but were not adjusted for other expenses). If adjusted for other expenses, returns would be lower. The share class has no sales charge.
 

Calendar Year Returns (%)

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Fund at NAV 25.80 5.62 14.26 36.06 5.25 9.82 11.35 24.84 -5.28 34.59
Russell 2500™ Index2 26.71 -2.51 17.88 36.80 7.07 -2.90 17.59 16.81 -10.00 27.77
 

Fund Facts

Expense Ratio3 0.82%
Class R6 Inception 07/01/2014
Performance Inception 04/30/2002
Distribution Frequency Annually

Risk Measures (3 Year)7 as of Jun 30, 2020

Alpha (%) 4.69
Beta 0.87
R-Squared (%) 93.07
Standard Deviation (%) 20.13
Sharpe Ratio 0.34
 

Morningstar Rating™ as of May 31, 2020

Time Period Rating Funds in
Mid-Cap Growth
Category
Overall 559
3 Years 559
5 Years 496
10 Years 382
The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds and exchange-traded funds) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product 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.

The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Star ratings do not reflect the effect of any applicable sales load. Hollow stars denote Morningstar Extended Performance Ratings and are considered estimates based on the performance of the fund's oldest share class, adjusted for fees and expenses.

©2020 Morningstar. 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 are responsible for any damages or losses arising from any use of this information.
 

NAV History

Date NAV NAV Change
Jul 02, 2020 $33.48 $0.00
Jul 01, 2020 $33.48 -$0.12
Jun 30, 2020 $33.60 $0.43
Jun 29, 2020 $33.17 $0.70
Jun 26, 2020 $32.47 -$0.52
Jun 25, 2020 $32.99 $0.36
Jun 24, 2020 $32.63 -$1.25
Jun 23, 2020 $33.88 $0.14
Jun 22, 2020 $33.74 -$0.06
Jun 19, 2020 $33.80 -$0.26
 

Distribution History8

Ex-Date Distribution Reinvest NAV
Dec 03, 2019 $0.04930 $36.70
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 History8

Ex-Date Short-Term Long-Term Reinvest NAV
Dec 03, 2019 $0.07510 $2.36100 $36.70
Dec 04, 2018 $2.14780 $32.51
Dec 05, 2017 $1.10970 $33.20
No records in this table indicates that there has not been a capital gain greater than .0001 within the past 3 years.
Fund prospectus

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

About Risk: 

The value of investments held by the Fund may increase or decrease in response to economic, and financial events (whether real, expected or perceived) in the U.S. and global markets. The value of equity securities is 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, more established companies. The Fund is exposed to liquidity risk when trading volume, lack of a market maker or trading partner, large position size, market conditions, or legal restrictions impair its ability to sell particular investments or to sell them at advantageous market prices. The impact of the coronavirus on global markets could last for an extended period and could adversely affect the Fund’s performance. 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 (%)5,9 as of May 31, 2020

Portfolio Statistics as of May 31, 2020

Average Market Cap $8.7B
Price/Earnings Ratio 28.07
Number of Holdings 57
Price/Book Ratio 2.91
Active Share10 93.02%
 

GICS Sector Breakdown (%)5 as of May 31, 2020

Market Cap Breakdown (%)5,11 as of May 31, 2020

> $150 Billion 0.00
$50-150 Billion 0.00
$15-50 Billion 7.86
$5-15 Billion 71.50
$1.5-5 Billion 19.54
< $1.5Billion 1.11
 

Fund Holdings (%)5,12 as of May 31, 2020

Holding % of Net Assets
WR Berkley Corp 4.34%
Aramark 3.41%
WEX Inc 3.30%
TransUnion 3.20%
JB Hunt Transport Services Inc 3.09%
Teleflex Inc 3.03%
EV Cash Reserves Fund LLC 2.95%
ServiceMaster Global Holdings Inc 2.76%
Carlisle Cos Inc 2.66%
AptarGroup Inc 2.50%
View All

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

About Risk: 

The value of investments held by the Fund may increase or decrease in response to economic, and financial events (whether real, expected or perceived) in the U.S. and global markets. The value of equity securities is 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, more established companies. The Fund is exposed to liquidity risk when trading volume, lack of a market maker or trading partner, large position size, market conditions, or legal restrictions impair its ability to sell particular investments or to sell them at advantageous market prices. The impact of the coronavirus on global markets could last for an extended period and could adversely affect the Fund’s performance. 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

Charles B. Reed, CFA

Charles B. Reed, CFA

Vice President and Managing Director
Atlanta Capital Management
Joined Atlanta Capital 1998

Biography

Charles Reed is a managing director - core equity and principal of Atlanta Capital Management Co., LLC, an investment adviser and majority-owned subsidiary of Eaton Vance Corp. He serves as a portfolio manager on the firm's core equity team and is a member of the Management Committee. He joined Atlanta Capital in 1998.

Chip began his career in the investment management industry in 1989. Prior to joining the firm in 1998, Chip was a portfolio manager with the Florida State Board of Administration.

Chip earned a B.S. in finance from Florida State University. He is a CFA charterholder.

Education
  • B.S. Florida State University

Experience
  • Managed Fund since inception

 
William O. Bell IV, CFA

William O. Bell IV, CFA

Vice President and Principal
Atlanta Capital Management
Joined Atlanta Capital 1999

Biography

William Bell is a vice president and principal of Atlanta Capital Management Co., LLC, an investment adviser and majority-owned subsidiary of Eaton Vance Corp. He serves as a portfolio manager on the firm's core equity team and is a member of the Management Committee. He joined Atlanta Capital in 1999.

Bill began his career in the investment management industry in 1995. Prior to joining Atlanta Capital, Bill was a portfolio manager with the Florida State Board of Administration.

Bill earned a B.S. in finance from Florida State University and is a CFA charterholder.

Education
  • B.S. Florida State University

Experience
  • Managed Fund since 2004

 
W. Matthew Hereford, CFA

W. Matthew Hereford, CFA

Vice President and Principal
Atlanta Capital Management
Joined Atlanta Capital 2002

Biography

Matt Hereford is a vice president and principal of Atlanta Capital Management Co., LLC, an investment adviser and majority-owned subsidiary of Eaton Vance Corp. He serves as a portfolio manager on the firm's core equity team. He joined Atlanta Capital in 2002.

Matt began his career in the investment management industry in 1995. Prior to joining Atlanta Capital, Matt was a portfolio manager with INVESCO.

Matt earned a B.B.A. in international business from the University of Mississippi. He is a CFA charterholder and is a member of the Atlanta Society of Finance and Investment Professionals.

Education
  • B.B.A. University of Mississippi

Experience
  • Managed Fund since 2004

 

Literature

Literature

Fact Sheet

Download - Last updated: Mar 31, 2020

Market Commentary

Download - Last updated: Mar 31, 2020

Commentary

Download - Last updated: Mar 31, 2020

Attribution

Download - Last updated: Mar 31, 2020

Annual Report

Download - Last updated: Sep 30, 2019

Full Prospectus

Download - Last updated: Feb 1, 2020

Holdings-1st or 3rd fiscal quarters-www.sec.gov (beginning 9/30/2019)

Download

Holdings-1st or 3rd fiscal quarters-www.sec.gov (beginning 3/31/2019)

Download

Eaton Vance and Parametric Funds Launch Class R6 Shares

Download - Last updated: Jul 1, 2014

SAI

Download - Last updated: Feb 1, 2020

Semi-Annual Report

Download - Last updated: Mar 31, 2020

Summary Prospectus

Download - Last updated: Feb 1, 2020

XBRL

Download - Last updated: Feb 11, 2020