Overview

Historical Returns (%)as of Dec 31, 2016

Annualized
1 Mo. 3 Mos. YTD 1 Yr. 3 Yrs. 5 Yrs. Life of Fund
02/28/2017
Fund at NAV 2.10 7.05 5.09 14.37 0.08 7.24 1.77
Fund w/Max Sales Charge -2.78 1.96 0.13 8.97 -1.53 6.21 1.27
MSCI EAFE Small/Mid Cap Index1 1.86 8.57 5.61 16.13 2.16 7.94 1.53
12/31/2016
Fund at NAV 1.86 -2.00 0.66 0.66 -0.78 9.26 1.28
Fund w/Max Sales Charge -2.98 -6.67 -4.14 -4.14 -2.38 8.20 0.76
MSCI EAFE Small/Mid Cap Index1 2.80 -2.65 1.32 1.32 1.46 9.45 0.98
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: 4.75%.

Fund Factsas of Feb 28, 2017

Class A Inception 05/31/2007
Investment Objective Long-term capital appreciation
Total Net Assets $223.2M
Minimum Investment $2000
Expense Ratio (Gross)2 1.43%
Expense Ratio (Net)2 1.43%
CUSIP 131649881

Top 10 Holdings (%)3,4as of Feb 28, 2017

Oriflame Holding AG
Frutarom Industries Ltd
Like Co Ltd
Bodycote PLC
Eiken Chemical Co Ltd
Daifuku Co Ltd
IMCD Group NV
Nomura Co Ltd
Metropole Television SA
IWG PLC
Total 14.93

Portfolio Management

Christopher Madden, CFA Managed Fund since 2016
Jade Huang Managed Fund since 2016
Aidan M. Farrell Managed Fund since 2016

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

About Risk 

Investment in mutual funds involves risk, including possible loss of principal invested. You could lose money on your investment in the Fund or the Fund could underperform because of the following risks: the market prices of stocks held by the Fund may fall; individual investments of the Fund may not perform as expected; the Fund's portfolio management practices may not achieve the desired result; and/or the Advisor's allocation of Fund assets between the portions of the portfolio managed by each Sub-advisor may cause the Fund to underperform. Investing in foreign securities involves additional risks relating to political, social, and economic developments abroad; differences between the regulations that apply to U.S. and foreign issuers and markets; the potential for foreign markets to be less liquid and more volatile than U.S. markets; and currency risk associated with securities that trade or are denominated in currencies other than the U.S. dollar. In addition, the risks of investing in emerging market securities are greater than those of investing in securities of developed foreign countries. Investing primarily in responsible investments carries the risk that, under certain market conditions, the Fund may underperform funds that do not utilize a responsible investment strategy. In evaluating a company, the Advisor is dependent upon information and data that may be incomplete, inaccurate or unavailable, which could cause the Advisor to incorrectly assess a company’s ESG performance.


Performance

Historical Returns (%)as of Dec 31, 2016

Annualized
1 Mo. 3 Mos. YTD 1 Yr. 3 Yrs. 5 Yrs. Life of Fund
02/28/2017
Fund at NAV 2.10 7.05 5.09 14.37 0.08 7.24 1.77
Fund w/Max Sales Charge -2.78 1.96 0.13 8.97 -1.53 6.21 1.27
MSCI EAFE Small/Mid Cap Index1 1.86 8.57 5.61 16.13 2.16 7.94 1.53
Morningstar™ Foreign Small/Mid Blend Category5 1.88 7.73 5.89 17.26 0.89 6.92
12/31/2016
Fund at NAV 1.86 -2.00 0.66 0.66 -0.78 9.26 1.28
Fund w/Max Sales Charge -2.98 -6.67 -4.14 -4.14 -2.38 8.20 0.76
MSCI EAFE Small/Mid Cap Index1 2.80 -2.65 1.32 1.32 1.46 9.45 0.98
Morningstar™ Foreign Small/Mid Blend Category5 1.78 -2.96 1.79 1.79 0.04 8.51
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: 4.75%.

Calendar Year Returns (%)

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Fund at NAV -43.80 34.87 12.57 -17.87 24.98 27.62 -4.68 1.79 0.66
MSCI EAFE Small/Mid Cap Index1 3.49 -45.62 39.24 17.37 -14.91 18.96 26.48 -3.31 6.61 1.32

Fund Facts

Expense Ratio (Gross)2 1.43%
Expense Ratio (Net)2 1.43%
Class A Inception 05/31/2007
Distribution Frequency Annually

Risk Measures (3 Year)6as of Feb 28, 2017

Alpha (%) -1.85
Beta 0.91
R-Squared (%) 90.76
Standard Deviation (%) 11.46
Sharpe Ratio -0.01
Medium Blend
Morningstar Equity Style Box
The Morningstar Style Box™ reveals a fund’s investment strategy. For equity funds the vertical axis shows the market capitalization of the long stocks owned and the horizontal axis shows investment style (value, blend, or growth). For fixed-income funds, the vertical axis shows the credit quality of the long bonds owned and the horizontal axis shows interest rate sensitivity as measured by a bond's effective duration.

©2017 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. Past performance is no guarantee of future results.

NAV History

Date NAV NAV Change
Mar 24, 2017 $15.60 $0.03
Mar 23, 2017 $15.57 $0.08
Mar 22, 2017 $15.49 $0.00
Mar 21, 2017 $15.49 -$0.01
Mar 20, 2017 $15.50 $0.00
Mar 17, 2017 $15.50 $0.07
Mar 16, 2017 $15.43 $0.06
Mar 15, 2017 $15.37 $0.20
Mar 14, 2017 $15.17 -$0.05
Mar 13, 2017 $15.22 $0.04

Distribution History7

Ex-Date Distribution Reinvest NAV
Dec 27, 2016 $0.15441 $14.30
Dec 29, 2015 $0.10811 $14.60
Dec 29, 2014 $0.18230 $14.83
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 History7

Ex-Date Short-Term Long-Term Reinvest NAV
Dec 10, 2015 $0.02779 $0.44637 $14.40
Dec 11, 2014 $0.08912 $0.87986 $15.02
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 

Investment in mutual funds involves risk, including possible loss of principal invested. You could lose money on your investment in the Fund or the Fund could underperform because of the following risks: the market prices of stocks held by the Fund may fall; individual investments of the Fund may not perform as expected; the Fund's portfolio management practices may not achieve the desired result; and/or the Advisor's allocation of Fund assets between the portions of the portfolio managed by each Sub-advisor may cause the Fund to underperform. Investing in foreign securities involves additional risks relating to political, social, and economic developments abroad; differences between the regulations that apply to U.S. and foreign issuers and markets; the potential for foreign markets to be less liquid and more volatile than U.S. markets; and currency risk associated with securities that trade or are denominated in currencies other than the U.S. dollar. In addition, the risks of investing in emerging market securities are greater than those of investing in securities of developed foreign countries. Investing primarily in responsible investments carries the risk that, under certain market conditions, the Fund may underperform funds that do not utilize a responsible investment strategy. In evaluating a company, the Advisor is dependent upon information and data that may be incomplete, inaccurate or unavailable, which could cause the Advisor to incorrectly assess a company’s ESG performance.


Portfolio

Asset Mix (%)4as of Feb 28, 2017

Equity 96.69
Cash 2.79
Fixed Income 0.52
Total 100.00

GICS Sector Breakdown (%)4as of Feb 28, 2017

Sector Fund MSCI EAFE Small/Mid Cap Index1
Consumer Discretionary 15.56 16.49
Consumer Staples 7.56 6.10
Energy 1.17 2.37
Financials 11.79 12.46
Health Care 7.81 6.45
Industrials 27.63 21.86
Information Technology 7.28 8.45
Materials 6.83 11.53
Real Estate 9.03 9.39
Telecom Services 0.35 1.69
Utilities 1.68 3.20
Other 0.52
Cash 2.79

Assets by Country (%)4as of Feb 28, 2017

Japan 27.32
United Kingdom 16.65
Germany 5.97
France 5.96
Switzerland 5.69
Australia 5.59
Italy 5.49
Netherlands 3.42
Sweden 3.09
Belgium 3.09
Total 100.00
View All

Fund Holdings (%)4,8as of Jan 31, 2017

Holding % of Net Assets
Oriflame Holding AG 1.22%
Inchcape PLC 1.01%
Melrose Industries PLC 0.80%
IMCD Group NV 0.80%
Nomura Co Ltd 0.77%
Frutarom Industries Ltd 0.76%
Eiken Chemical Co Ltd 0.76%
Daiichikosho Co Ltd 0.75%
CAE Inc 0.75%
Relia Inc 0.74%
View All

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

About Risk 

Investment in mutual funds involves risk, including possible loss of principal invested. You could lose money on your investment in the Fund or the Fund could underperform because of the following risks: the market prices of stocks held by the Fund may fall; individual investments of the Fund may not perform as expected; the Fund's portfolio management practices may not achieve the desired result; and/or the Advisor's allocation of Fund assets between the portions of the portfolio managed by each Sub-advisor may cause the Fund to underperform. Investing in foreign securities involves additional risks relating to political, social, and economic developments abroad; differences between the regulations that apply to U.S. and foreign issuers and markets; the potential for foreign markets to be less liquid and more volatile than U.S. markets; and currency risk associated with securities that trade or are denominated in currencies other than the U.S. dollar. In addition, the risks of investing in emerging market securities are greater than those of investing in securities of developed foreign countries. Investing primarily in responsible investments carries the risk that, under certain market conditions, the Fund may underperform funds that do not utilize a responsible investment strategy. In evaluating a company, the Advisor is dependent upon information and data that may be incomplete, inaccurate or unavailable, which could cause the Advisor to incorrectly assess a company’s ESG performance.


Insights & Analysis

Commentary

No commentary information is currently available.

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

About Risk 

Investment in mutual funds involves risk, including possible loss of principal invested. You could lose money on your investment in the Fund or the Fund could underperform because of the following risks: the market prices of stocks held by the Fund may fall; individual investments of the Fund may not perform as expected; the Fund's portfolio management practices may not achieve the desired result; and/or the Advisor's allocation of Fund assets between the portions of the portfolio managed by each Sub-advisor may cause the Fund to underperform. Investing in foreign securities involves additional risks relating to political, social, and economic developments abroad; differences between the regulations that apply to U.S. and foreign issuers and markets; the potential for foreign markets to be less liquid and more volatile than U.S. markets; and currency risk associated with securities that trade or are denominated in currencies other than the U.S. dollar. In addition, the risks of investing in emerging market securities are greater than those of investing in securities of developed foreign countries. Investing primarily in responsible investments carries the risk that, under certain market conditions, the Fund may underperform funds that do not utilize a responsible investment strategy. In evaluating a company, the Advisor is dependent upon information and data that may be incomplete, inaccurate or unavailable, which could cause the Advisor to incorrectly assess a company’s ESG performance.

Attribution

No attribution information is currently available.

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

About Risk 

Investment in mutual funds involves risk, including possible loss of principal invested. You could lose money on your investment in the Fund or the Fund could underperform because of the following risks: the market prices of stocks held by the Fund may fall; individual investments of the Fund may not perform as expected; the Fund's portfolio management practices may not achieve the desired result; and/or the Advisor's allocation of Fund assets between the portions of the portfolio managed by each Sub-advisor may cause the Fund to underperform. Investing in foreign securities involves additional risks relating to political, social, and economic developments abroad; differences between the regulations that apply to U.S. and foreign issuers and markets; the potential for foreign markets to be less liquid and more volatile than U.S. markets; and currency risk associated with securities that trade or are denominated in currencies other than the U.S. dollar. In addition, the risks of investing in emerging market securities are greater than those of investing in securities of developed foreign countries. Investing primarily in responsible investments carries the risk that, under certain market conditions, the Fund may underperform funds that do not utilize a responsible investment strategy. In evaluating a company, the Advisor is dependent upon information and data that may be incomplete, inaccurate or unavailable, which could cause the Advisor to incorrectly assess a company’s ESG performance.


Management

Biography
Christopher Madden, CFA

Christopher Madden, CFA

Vice President, Calvert Research and Management
Joined Calvert Research and Management 2016

Christopher Madden is a vice president and ESG senior equity analyst for Calvert Research and Management, a wholly owned subsidiary of Eaton Vance Management specializing in responsible and sustainable investing across global capital markets. He is responsible for managing the ESG-related investment research and is also a portfolio manager. He joined Calvert Research and Management in 2016.

Chris began his career in the investment management industry in 1999. Before joining Calvert Research and Management, he was a portfolio manager with Calvert Investments. Previously, he was an internal auditor at Vanguard Group.

Chris earned a B.S. in finance and a B.A. in economics from Indiana University of Pennsylvania. He is a member of the CFA Institute and CFA Society of Washington D.C., and is a CFA charterholder.

Education
  • B.S.B.A., Indiana University of Pennsylvania

Experience
  • Managed Fund since 2016

 
Biography
Jade Huang

Jade Huang

Vice President, Calvert Research and Management
Joined Calvert Research and Management 2016

Jade Huang is a vice president and ESG senior equity analyst for Calvert Research and Management, a wholly owned subsidiary of Eaton Vance Management specializing in responsible and sustainable investing across global capital markets. She is responsible for managing the ESG-related investment research and is also a portfolio manager. She joined Calvert Research and Management in 2016.

Jade began her career in the investment management industry in 2005. Before joining Calvert Research and Management, she was a portfolio manager with Calvert Investments. Previously, she was an investment analyst at Microvest, an asset management firm specializing in impact investing, and led the certification department at Fair Trade USA.

Jade earned a B.A. from the University of California, Berkeley and an M.A. in international finance and economics from Johns Hopkins University, School of Advanced International Studies (SAIS).

Education
  • B.A. University of California, Berkeley
  • M.A. Johns Hopkins University, School of Advanced International Studies (SAIS)

Experience
  • Managed Fund since 2016

 
Biography
Aidan M. Farrell

Aidan M. Farrell

Vice President, Eaton Vance Management (International) Limited
Joined Eaton Vance 2015

Aidan Farrell is a vice president of Eaton Vance Management (International) Limited and director of global small-cap equity. He is responsible for managing global and international small-cap equity portfolios, leading a team of analysts and working alongside the director of global equity to expand the global equity business. He joined Eaton Vance in 2015.

Aidan began his career in the financial services industry in 1996. Before joining Eaton Vance, he was managing director and a lead portfolio manager for Goldman Sachs Asset Management (GSAM). Prior to June 2008, he served as the director of European equities for Investment Insight (formerly the asset management arm of Halifax Bank of Scotland).

Aidan earned a B.A. in economics from the University College Dublin and a postgraduate diploma in business studies from the University College Dublin Michael Smurfit Graduate Business School. Aidan is an associate of the CFA Society of the UK.

Education
  • B.A. University College Dublin
  • Pg.Dip. University College Dublin

Experience
  • Managed Fund since 2016


Literature

Literature

Fact Sheet

Download - Last updated: Dec 31, 2016

Commentary

Download - Last updated: Dec 31, 2016

Attribution

Download - Last updated: Dec 31, 2016

Annual Report

Download - Last updated: Sep 30, 2016

Full Prospectus

Download - Last updated: Feb 1, 2017

SAI

Download - Last updated: Feb 1, 2017

Semi-Annual Report

Download - Last updated: Mar 31, 2016

Summary Prospectus

Download - Last updated: Mar 6, 2017

XBRL

Download - Last updated: Feb 1, 2017