Overview

Growth of $10,000

10-year period ended 03/31/2018

  • Class A at NAV

Historical Returns (%) as of Mar 31, 2018

Annualized
1 Mo. 3 Mo. YTD 1 Yr. 3 Yrs. 5 Yrs. 10 Yrs.
Fund at NAV -1.27 -1.27 -1.27 7.88 4.63 7.61 5.28
Fund w/Max Sales Charge -2.25 -2.25 -2.25 6.88 4.63 7.61 5.28
S&P 500 Index2 -2.54 -0.76 -0.76 13.99 10.77 13.30 9.49
Bloomberg Barclays U.S. Aggregate Bond Index3 0.64 -1.46 -1.46 1.20 1.20 1.82 3.63
60% S&P 500 / 40% Bloomberg Barclays U.S. Aggregate Bond Index -1.27 -0.97 -0.97 8.81 6.99 8.72 7.42
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. Max Sales Charge: 1%.
 

Fund Facts as of Mar 31, 2018

Class C Inception 11/02/1993
Performance Inception 04/01/1932
Investment Objective Current income and long-term growth of capital
Total Net Assets $824.1M
Minimum Investment $1000
Expense Ratio (Gross)4 1.76%
Expense Ratio (Net)4,5 1.73%
CUSIP 277905840

Top 10 Holdings (%)6,7 as of Mar 31, 2018

Apple Inc
Bank of America Corp
Microsoft Corp
Amazon.com Inc
Alphabet Inc - CL C
United States Treasury Inflation Indexed Bonds
Johnson & Johnson
JPMorgan Chase & Co
FedEx Corp
Verizon Communications Inc
Total 17.98
 

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

About Risk: 

The value of equity securities is sensitive to stock market volatility. 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. As interest rates rise, the value of certain income investments is likely to decline. Investments in debt instruments may be affected by changes in the creditworthiness of the issuer and are subject to the risk of non-payment 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, currency exchange rates 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

Historical Returns (%) as of Mar 31, 2018

Annualized
1 Mo. 3 Mo. YTD 1 Yr. 3 Yrs. 5 Yrs. 10 Yrs.
Fund at NAV -1.27 -1.27 -1.27 7.88 4.63 7.61 5.28
Fund w/Max Sales Charge -2.25 -2.25 -2.25 6.88 4.63 7.61 5.28
S&P 500 Index2 -2.54 -0.76 -0.76 13.99 10.77 13.30 9.49
Bloomberg Barclays U.S. Aggregate Bond Index3 0.64 -1.46 -1.46 1.20 1.20 1.82 3.63
60% S&P 500 / 40% Bloomberg Barclays U.S. Aggregate Bond Index -1.27 -0.97 -0.97 8.81 6.99 8.72 7.42
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. Max Sales Charge: 1%.
 

Calendar Year Returns (%)

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Fund at NAV -30.72 21.98 8.21 0.54 10.61 20.14 8.78 1.86 3.88 12.63
S&P 500 Index2 -37.00 26.46 15.06 2.11 16.00 32.39 13.69 1.38 11.96 21.83
Bloomberg Barclays U.S. Aggregate Bond Index3 5.24 5.93 6.54 7.84 4.21 -2.02 5.97 0.55 2.65 3.54
60% S&P 500 / 40% Bloomberg Barclays U.S. Aggregate Bond Index -22.06 18.40 12.13 4.69 11.31 17.56 10.62 1.28 8.31 14.21
 

Fund Facts

Expense Ratio (Gross)4 1.76%
Expense Ratio (Net)4,5 1.73%
Class C Inception 11/02/1993
Performance Inception 04/01/1932
Distribution Frequency Quarterly

Yield Information8 as of Mar 31, 2018

Distribution Rate at NAV 0.65%
SEC 30-day Yield 0.61%

Risk Measures (3 Year)9 as of Mar 31, 2018

Alpha (%) -1.37
Beta 0.56
R-Squared (%) 91.25
Standard Deviation (%) 6.06
Sharpe Ratio 0.68
 

Morningstar Rating™ as of Mar 31, 2018

Time Period Rating Funds in
Allocation--50% to 70% Equity
Category
Overall *** 680
3 Years *** 680
5 Years **** 628
10 Years ** 442
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.

©2018 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
Apr 19, 2018 $9.13 -$0.04
Apr 18, 2018 $9.17 $0.00
Apr 17, 2018 $9.17 $0.07
Apr 16, 2018 $9.10 $0.05
Apr 13, 2018 $9.05 -$0.02
Apr 12, 2018 $9.07 $0.04
Apr 11, 2018 $9.03 -$0.02
Apr 10, 2018 $9.05 $0.09
Apr 09, 2018 $8.96 $0.02
Apr 06, 2018 $8.94 -$0.11
 

Distribution History10

Ex-Date Distribution Reinvest NAV
Mar 09, 2018 $0.01470 $9.30
Dec 12, 2017 $0.01450 $9.10
Sep 11, 2017 $0.01670 $9.01
Jun 09, 2017 $0.02000 $8.90
Mar 09, 2017 $0.02020 $8.63
Dec 13, 2016 $0.01230 $8.51
Sep 09, 2016 $0.01370 $8.43
Jun 09, 2016 $0.01640 $8.43
Mar 09, 2016 $0.02390 $8.09
Dec 15, 2015 $0.01210 $8.20
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 History10

Ex-Date Short-Term Long-Term Reinvest NAV
Dec 12, 2017 $0.07940 $0.17150 $9.10
Jul 26, 2017 $0.03690 $9.00
Dec 13, 2016 $0.03160 $8.51
Dec 15, 2015 $0.03400 $0.09880 $8.20
May 21, 2015 $0.12200 $0.12620 $8.62
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. Fund invests in one or more affiliated investment companies (Portfolios). Unless otherwise noted, references to investments are to the aggregate holdings of the Fund, including its pro rata share of each Portfolio in which it invests.

About Risk: 

The value of equity securities is sensitive to stock market volatility. 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. As interest rates rise, the value of certain income investments is likely to decline. Investments in debt instruments may be affected by changes in the creditworthiness of the issuer and are subject to the risk of non-payment 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, currency exchange rates 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 (%)7 as of Mar 31, 2018

Stocks 63.57
U.S. Common Stocks 61.91
Foreign Common Stocks 1.66
Fixed Income 35.98
Investment Grade Corporate Bonds 15.26
Mortgage Backed Securities 6.97
Asset Backed Securities 6.14
High Yield Corporate Bonds 2.26
U.S. Treasuries 1.78
Collateralized Mortgage Obligations 1.74
Commercial Mortgage Backed Securities 1.49
Other 0.34
Cash 0.45
Total 100.00

GICS Sector Breakdown (%)11 as of Mar 31, 2018

Sector Fund S&P 500 Index2
Consumer Discretionary 12.66 12.67
Consumer Staples 7.59 7.65
Energy 5.96 5.74
Financials 14.79 14.73
Health Care 13.44 13.71
Industrials 10.66 10.21
Information Technology 25.00 24.87
Materials 2.33 2.86
Real Estate 2.47 2.78
Telecom Services 2.17 1.92
Utilities 2.93 2.86

Portfolio Statistics - Stock Portfolio as of Mar 31, 2018

Average Market Cap $187.2B
Price/Earnings Ratio 16.50
Price/Book 3.11
 

Portfolio Statistics - Core Bond Portfolio as of Mar 31, 2018

Average Maturity 6.31 yrs.
Average Coupon 3.51%
Effective Duration 5.25 yrs.

Credit Quality (%)12 as of Mar 31, 2018

AAA 34.48
AA 1.90
A 24.67
BBB 28.76
BB 6.43
B 0.49
Not Rated 3.27
Total 100.00
Ratings are based on Moody's, S&P or Fitch, as applicable. If securities are rated differently by the ratings agencies, the highest rating is applied. Ratings, which are subject to change, apply to the creditworthiness of the issuers of the underlying securities and not to the Fund or its shares. Credit ratings measure the quality of a bond based on the issuer's creditworthiness, with ratings ranging from AAA, being the highest, to D, being the lowest based on S&P's measures. Ratings of BBB or higher by S&P or Fitch (Baa or higher by Moody's) are considered to be investment-grade quality. Credit ratings are based largely on the ratings agency's analysis at the time of rating. The rating assigned to any particular security is not necessarily a reflection of the issuer's current financial condition and does not necessarily reflect its assessment of the volatility of a security's market value or of the liquidity of an investment in the security. Holdings designated as "Not Rated" are not rated by the national ratings agencies stated above.
 

Fund Holdings7,13 as of Feb 28, 2018

Holding Coupon Rate Maturity Date % of Net Assets
Apple Inc 0.00% 2.55%
Bank of America Corp 0.00% 2.19%
Facebook Inc 0.00% 2.08%
Amazon.com Inc 0.00% 2.00%
Alphabet Inc - CL C 0.00% 1.99%
United States Treasury Inflation Indexed Bonds 1.75% 01/15/2028 1.68%
Johnson & Johnson 0.00% 1.54%
JPMorgan Chase & Co 0.00% 1.53%
FedEx Corp 0.00% 1.45%
Walt Disney Co 0.00% 1.35%
View All

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

About Risk: 

The value of equity securities is sensitive to stock market volatility. 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. As interest rates rise, the value of certain income investments is likely to decline. Investments in debt instruments may be affected by changes in the creditworthiness of the issuer and are subject to the risk of non-payment 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, currency exchange rates 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

Charles Gaffney

Charles Gaffney

Vice President, Eaton Vance Management
Joined Eaton Vance 2003

Biography

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

 
Vishal Khanduja, CFA

Vishal Khanduja, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 2016

Biography

Vishal Khanduja is a vice president of Eaton Vance Management and lead portfolio manager on Eaton Vance’s core and Calvert fixed-income strategies within diversified fixed income. He leads the Calvert/Core vertical on the diversified fixed-income team and is responsible for buy and sell decisions and portfolio construction for those strategies. He joined Eaton Vance in 2016.

Vishal began his career in the investment management industry in 2005. Before joining Eaton Vance, he was a senior vice president, portfolio manager and head of taxable fixed income for Calvert Investments. Previously, he was a vice president and portfolio manager at Columbia Management and associate director of fixed-income analytics at Galliard Capital.

Vishal earned a bachelor of engineering from Veermata Jijabai Technological Institute in Mumbai, India and an MBA from the Tippie School of Management at the University of Iowa. He is a member of the CFA Institute and the CFA Society of Boston. He is a CFA charterholder.

Education
  • B.Eng. Veermata Jijabai Technological Institute, Mumbai
  • M.B.A. Tippie School of Management, University of Iowa

Experience
  • Managed Fund since 2017

Other funds managed
 
Brian S. Ellis, CFA

Brian S. Ellis, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 2016

Biography

Brian Ellis is a vice president of Eaton Vance Management and portfolio manager on Eaton Vance's diversified fixed-income team. He is responsible for buy and sell decisions, portfolio construction and risk management for the firm's diversified fixed-income strategies. He joined Eaton Vance in 2016.

Brian began his career in the investment management industry in 2006. Before joining Eaton Vance, he was a portfolio manager of fixed-income strategies for Calvert Investments. Previously, he was a software engineer and analyst at Legg Mason Capital Management (now ClearBridge Investments).

Brian earned a B.S. in finance from Salisbury University. He is a member of the CFA Institute and the CFA Society of Washington, D.C. He is a CFA charterholder.

Education
  • B.S. Salisbury University

Experience
  • Managed Fund since 2017

Other funds managed
 

Literature

Literature

Fact Sheet

Download - Last updated: Mar 31, 2018

Commentary

Download - Last updated: Mar 31, 2018

Brochure

Download - Last updated: Dec 31, 2017

Annual Report

Download - Last updated: Dec 31, 2017

Full Prospectus

Download - Last updated: Jun 27, 2017

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

Download

SAI

Download - Last updated: May 1, 2017

Semi-Annual Report

Download - Last updated: Jun 30, 2017

Summary Prospectus

Download - Last updated: Jun 27, 2017

XBRL

Download - Last updated: May 17, 2017