Overview

Growth of $10,000

10-year period ended 09/30/2017

  • Class A at NAV

Historical Returns (%)as of Sep 30, 2017

Annualized
1 Mo. 3 Mo. YTD 1 Yr. 3 Yrs. 5 Yrs. 10 Yrs.
10/31/2017
Fund at NAV 1.55 2.71 10.82 12.37 6.58 10.09 5.17
S&P 500 Index2 2.33 4.76 16.91 23.63 10.76 15.17 7.51
Bloomberg Barclays U.S. Aggregate Bond Index3 0.06 0.47 3.20 0.90 2.40 2.03 4.18
60% S&P 500 / 40% Bloomberg Barclays U.S. Aggregate Bond Index 1.42 3.04 11.26 14.08 7.50 9.88 6.48
09/30/2017
Fund at NAV 0.69 2.35 9.13 9.08 6.47 9.43 5.37
S&P 500 Index2 2.06 4.48 14.24 18.61 10.80 14.22 7.43
Bloomberg Barclays U.S. Aggregate Bond Index3 -0.48 0.85 3.14 0.07 2.71 2.06 4.27
60% S&P 500 / 40% Bloomberg Barclays U.S. Aggregate Bond Index 1.05 3.02 9.70 10.90 7.65 9.34 6.47
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 Factsas of Oct 31, 2017

Class R6 Inception 05/02/2016
Performance Inception 04/01/1932
Investment Objective Current income and long-term growth of capital
Total Net Assets $830.1M
Minimum Investment $1000000
Expense Ratio (Gross)4 0.72%
Expense Ratio (Net)4,5 0.69%
CUSIP 277905139

Top 10 Holdings (%)6,7as of Sep 30, 2017

Apple Inc
Facebook Inc
Alphabet Inc - CL C
Walt Disney Co
Verizon Communications Inc
Chubb Ltd
Chevron Corp
Johnson & Johnson
Gilead Sciences Inc
JPMorgan Chase & Co
Total 15.27

Portfolio Management

Charles Gaffney Managed Fund since 2009
Vishal Khanduja, CFA Managed Fund since 2017
Brian S. Ellis, CFA Managed Fund since 2017

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: 

Fund performance is 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

Historical Returns (%)as of Sep 30, 2017

Annualized
1 Mo. 3 Mo. YTD 1 Yr. 3 Yrs. 5 Yrs. 10 Yrs.
10/31/2017
Fund at NAV 1.55 2.71 10.82 12.37 6.58 10.09 5.17
S&P 500 Index2 2.33 4.76 16.91 23.63 10.76 15.17 7.51
Bloomberg Barclays U.S. Aggregate Bond Index3 0.06 0.47 3.20 0.90 2.40 2.03 4.18
60% S&P 500 / 40% Bloomberg Barclays U.S. Aggregate Bond Index 1.42 3.04 11.26 14.08 7.50 9.88 6.48
09/30/2017
Fund at NAV 0.69 2.35 9.13 9.08 6.47 9.43 5.37
S&P 500 Index2 2.06 4.48 14.24 18.61 10.80 14.22 7.43
Bloomberg Barclays U.S. Aggregate Bond Index3 -0.48 0.85 3.14 0.07 2.71 2.06 4.27
60% S&P 500 / 40% Bloomberg Barclays U.S. Aggregate Bond Index 1.05 3.02 9.70 10.90 7.65 9.34 6.47
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 (%)

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Fund at NAV
S&P 500 Index2 5.49 -37.00 26.46 15.06 2.11 16.00 32.39 13.69 1.38 11.96
Bloomberg Barclays U.S. Aggregate Bond Index3 6.97 5.24 5.93 6.54 7.84 4.21 -2.02 5.97 0.55 2.65
60% S&P 500 / 40% Bloomberg Barclays U.S. Aggregate Bond Index 6.22 -22.06 18.40 12.13 4.69 11.31 17.56 10.62 1.28 8.31

Fund Facts

Expense Ratio (Gross)4 0.72%
Expense Ratio (Net)4,5 0.69%
Class R6 Inception 05/02/2016
Performance Inception 04/01/1932
Distribution Frequency Quarterly

Yield Information8as of Oct 31, 2017

Distribution Rate at NAV 1.82%
SEC 30-day Yield 1.54%

NAV History

Date NAV NAV Change
Nov 17, 2017 $9.14 -$0.01
Nov 16, 2017 $9.15 $0.04
Nov 15, 2017 $9.11 -$0.02
Nov 14, 2017 $9.13 -$0.01
Nov 13, 2017 $9.14 $0.01
Nov 10, 2017 $9.13 -$0.02
Nov 09, 2017 $9.15 -$0.03
Nov 08, 2017 $9.18 $0.00
Nov 07, 2017 $9.18 -$0.01
Nov 06, 2017 $9.19 $0.00

Distribution History9

Ex-Date Distribution Reinvest NAV
Sep 11, 2017 $0.04170 $8.97
Jun 09, 2017 $0.04390 $8.87
Mar 09, 2017 $0.04170 $8.59
Dec 13, 2016 $0.03540 $8.47
Sep 09, 2016 $0.03530 $8.40
Jun 09, 2016 $0.03570 $8.40
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
Jul 26, 2017 $0.03690 $8.98
Dec 13, 2016 $0.03160 $8.47
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: 

Fund performance is 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 (%)7as of Sep 30, 2017

Stocks 61.39
U.S. Common Stocks 59.66
Foreign Common Stocks 1.73
Fixed Income 37.96
Investment Grade Corporate Bonds 14.14
Mortgage Backed Securities 9.33
Asset Backed Securities 5.15
U.S. Treasuries 3.79
Commercial Mortgage Backed Securities 1.78
High Yield Corporate Bonds 1.65
Collateralized Mortgage Obligations 1.63
Other 0.49
Cash 0.64
Total 100.00

GICS Sector Breakdown (%)10as of Sep 30, 2017

Sector Fund S&P 500 Index2
Consumer Discretionary 11.95 11.85
Consumer Staples 8.24 8.23
Energy 6.15 6.09
Financials 14.61 14.61
Health Care 14.43 14.51
Industrials 10.35 10.23
Information Technology 23.12 23.23
Materials 2.96 2.98
Real Estate 2.73 2.99
Telecom Services 2.30 2.17
Utilities 3.15 3.12

Portfolio Statistics - Stock Portfolioas of Sep 30, 2017

Average Market Cap $152.9B
Price/Earnings Ratio 18.49
Price/Book 2.98

Portfolio Statistics - Core Bond Portfolioas of Sep 30, 2017

Average Maturity 7.86 yrs.
Average Coupon 3.54%
Effective Duration 5.74 yrs.

Credit Quality (%)11as of Sep 30, 2017

AAA 46.02
AA 1.90
A 22.41
BBB 24.07
BB 4.36
B 0.49
Not Rated 0.75
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 higher 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 Holdings7,12as of Sep 30, 2017

Holding Coupon Rate Maturity Date % of Net Assets
Apple Inc 0.00% 2.28%
Facebook Inc 0.00% 2.07%
Alphabet Inc - CL C 0.00% 1.54%
Walt Disney Co 0.00% 1.47%
Verizon Communications Inc 0.00% 1.42%
Chubb Ltd 0.00% 1.32%
Chevron Corp 0.00% 1.31%
Johnson & Johnson 0.00% 1.30%
Gilead Sciences Inc 0.00% 1.30%
JPMorgan Chase & Co 0.00% 1.30%
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: 

Fund performance is 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

Commentary

A Word On The Markets as of Jun 30, 2017

Global stock markets delivered solid results in the second quarter of 2017, as broad economic expansion continued to offset political uncertainties in some regions.

In the U.S., ongoing concerns about prospects for President Trump's economic policies restrained stocks during the first half of the three-month period. But equities subsequently shook off these worries amid positive economic data. In particular, manufacturing gains and a further decline in the jobless rate provided encouragement to investors. Consumer spending also rose, and would likely have been even higher but for the quarter's one flat note — a continued decline in auto sales from their postrecession peak.

Amid the encouraging economic data, the U.S. Federal Reserve (Fed) in June raised interest rates for the third time since December 2016. The Fed also said it would start gradually selling off the securities it bought during and after the financial crisis to boost the economy.

On a global basis, stronger economic growth aided stocks in Europe and Japan. The election of a new government in France helped to ease political uncertainties, although an election setback for British Prime Minister Theresa May added to confusion about Britain's plans to exit the European Union. In China, the success of the government's stimulus policies led it to raise interest rates to avoid economic overheating. China's upswing helped boost growth elsewhere, particularly in emerging markets.

For the three-month period, the Dow Jones Industrial Average13 recorded a 3.95% gain, while the broader S&P 500 Index2 rose 3.09 %. The technology-laden Nasdaq Composite Index14 rose 3.87%. Globally, the MSCI EAFE Index15 gained 6.12% in the quarter. Large-cap stocks outperformed their small-cap counterparts during the quarter. In terms of investing style, growth stocks topped value stocks in both the large-cap and small-cap categories.

Performance Summary 

Eaton Vance Balanced Fund (the Fund) returned 3.15% for Class I shares at net asset value for the quarter ended June 30, 2017. In comparison, the S&P 500 Index returned 3.09%, while the Bloomberg Barclays U.S. Aggregate Bond Index3 returned 1.45%.

  • The equity portion of the Fund outperformed its benchmark, the S&P 500 Index. The fixed income allocation also outperformed its benchmark, the Bloomberg Barclays U.S. Aggregate Bond Index.
  • Within the equity sleeve, the outperformance (relative to the S&P 500 Index) was due primarily to positive stock selection. Favorable stock selection in consumer staples, industrials and financials had a positive impact on relative performance for the quarter.
  • Interest rate management was the primary driver of outperformance for the fixed income sleeve relative to its benchmark, as the portfolio maintained a longer duration as interest rates declined.

Historical Returns (%)as of Jun 30, 2017

Annualized
1 Mo. 3 Mo. YTD 1 Yr. 3 Yrs. 5 Yrs. 10 Yrs.
Fund at NAV 0.84 3.28 6.62 8.30 5.64 10.04 5.54
S&P 500 Index2 0.62 3.09 9.34 17.90 9.60 14.62 7.18
Bloomberg Barclays U.S. Aggregate Bond Index3 -0.10 1.45 2.27 -0.31 2.48 2.21 4.47
60% S&P 500 / 40% Bloomberg Barclays U.S. Aggregate Bond Index 0.33 2.43 6.48 10.33 6.85 9.64 6.40
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 Factsas of Jun 30, 2017

Class R6 Inception 05/02/2016
Performance Inception 04/01/1932
Expense Ratio (Gross)4 0.72%
Expense Ratio (Net)4,5 0.69%

Contributors 

Equity Portfolio (relative to S&P 500 Index):

  • Of the 11 economic sectors in the Index, nine posted positive returns for the quarter. The Stock Portfolio had positive returns in eight sectors.
  • At the individual stock level, the top three contributors to relative performance were alcoholic beverage manufacturer Constellation Brands, railroad company CSX Corporation, and specialty insurer First American Financial Corporation. All three companies reported earnings that exceeded analyst expectations for the first quarter.
  • Fixed Income Portfolio (relative to Bloomberg Barclays U.S. Aggregate Bond Index):
  • The fixed income portfolio benefited from management's decision to lengthen duration based on the view that interest rates had overshot to the upside and did not reflect the growing dividend between investors' optimistic economic expectations and actual results.
  • Sector allocation also positively contributed to performance as the Fund was overweight high yield bonds, which outperformed U.S. Treasuries.

Detractors 

Equity Portfolio (relative to S&P 500 Index):

  • Unfavorable stock selection in real estate, health care and information technology had a negative impact on relative performance for the quarter.
  • At the individual stock level, the three largest detractors for the period were technology distributor Avnet, automotive retailer Advance Auto Parts and telecommunication services company Verizon Communications. All three companies disappointed with their reported first quarter revenues, and investors appeared to be largely apprehensive about all three companies' guidance numbers.
  • Fixed Income Portfolio (relative to Bloomberg Barclays U.S. Aggregate Bond Index):
  • Security selection in the energy sector detracted slightly from performance as oil prices continued their decline during the quarter.

Investment Outlook And Fund Positioning 

With equity markets and valuations near record highs, investors have much to consider as they look at the current landscape (monetary policy, sentiment, economic growth, geopolitical tensions, etc.). Much of their attention in the coming weeks will be directed at corporate profits, as companies begin to report their second quarter results. First quarter results were very strong, as the earnings growth rate for the S&P 500 index was 13.9%. Some of that momentum is likely to continue, as nine sectors are expected to report positive earnings growth for the second quarter.

We continue to believe that we are in the later stages of the credit cycle and choose to approach credit markets with caution, as we have in the past year. Broadly, we view spread sectors as less compelling after their strong performance in the past several quarters and, in our view, they do not fully compensate for the risks in the current environment. Market technicals are likely to continue to be supportive but could become challenged if rates spike further. An active, diversified approach to fixed income investing will be all-important in 2017, as volatility is likely to increase.

Top 10 Holdings (%)6,7as of Jun 30, 2017

United States Treasury Note/Bond 3.38
Apple Inc 2.19
United States Treasury Note/Bond 1.94
JPMorgan Chase & Co 1.80
Alphabet Inc - CL C 1.76
United States Treasury Note/Bond 1.63
Wells Fargo & Co 1.54
Chubb Ltd 1.41
Facebook Inc 1.35
Verizon Communications Inc 1.34
Total 18.34

Credit Quality (%)11as of Jun 30, 2017

AAA 62.29
AA 0.97
A 13.49
BBB 20.09
BB 2.79
Not Rated 0.37
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 higher 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.

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 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: 

Fund performance is 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 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: 

Fund performance is 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
Vishal Khanduja, CFA

Vishal Khanduja, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 2016

Vishal Khanduja 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.

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, the CFA Society of Washington, D.C. and the Global Association of Risk Professionals. 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
 
Biography
Brian S. Ellis, CFA

Brian S. Ellis, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 2016

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

Annual Report

Download - Last updated: Dec 31, 2016

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