Overview

Historical Returns (%) as of Sep 30, 2021

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: 5.75%.
 

Fund Facts as of Sep 30, 2021

Class A Inception 09/09/2002
Investment Objective Total return
Total Net Assets $429.3M
Minimum Investment $1000
Expense Ratio (Gross)2,3 1.09%
Expense Ratio (Net)2,3 1.05%
CUSIP 277905691

Top 10 Holdings (%)4,5 as of Jun 30, 2021

Amazon.com Inc 8.51
Microsoft Corp 6.48
Apple Inc 4.89
Visa Inc 4.72
Alphabet Inc - CL A 4.66
PayPal Holdings Inc 4.41
Facebook Inc 4.20
Adobe Inc 3.40
Intuit Inc 2.41
Qualcomm Inc 2.31
Total 45.98
 

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. 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. A non-diversified fund may be subject to greater risk by investing in a smaller number of investments than a diversified fund. 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 Sep 30, 2021

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: 5.75%.
 

Calendar Year Returns (%)

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Fund at NAV -5.41 12.66 35.35 14.23 7.04 2.32 25.42 0.27 30.38 37.16
Russell 1000® Growth Index1 2.64 15.26 33.48 13.05 5.67 7.08 30.21 -1.51 36.39 38.49
 

Fund Facts

Expense Ratio (Gross)2,3 1.09%
Expense Ratio (Net)2,3 1.05%
Class A Inception 09/09/2002
Distribution Frequency Annually

Risk Measures (3 Year)7 as of Sep 30, 2021

Beta 1.02
Information Ratio -0.94
R-Squared (%) 97.15
Standard Deviation (%) 20.93
Sharpe Ratio 0.83
 

Morningstar Rating™ as of Sep 30, 2021

Time Period Rating Funds in
Large Growth
Category
Overall 1133
3 Years 1133
5 Years 1024
10 Years 762
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.

©2021 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
Oct 15, 2021 $41.41 $0.31
Oct 14, 2021 $41.10 $0.72
Oct 13, 2021 $40.38 $0.23
Oct 12, 2021 $40.15 -$0.08
Oct 11, 2021 $40.23 -$0.39
Oct 08, 2021 $40.62 -$0.10
Oct 07, 2021 $40.72 $0.40
Oct 06, 2021 $40.32 $0.29
Oct 05, 2021 $40.03 $0.51
Oct 04, 2021 $39.52 -$0.82
 

Distribution History8

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 History8

Ex-Date Short-Term Long-Term Reinvest NAV
Dec 10, 2020 $2.00600 $34.87
Aug 18, 2020 $0.50540 $32.86
Dec 03, 2019 $2.53810 $26.92
Dec 04, 2018 $3.30730 $25.08
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. 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. A non-diversified fund may be subject to greater risk by investing in a smaller number of investments than a diversified fund. 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 Jun 30, 2021

Portfolio Statistics as of Jun 30, 2021

Average Market Cap $663.5B
Price/Earnings Ratio 29.97
Number of Holdings 58
Price/Book Ratio 8.09
Active Share10 56.21%
 

GICS Sector Breakdown (%)5 as of Jun 30, 2021

 

Fund Holdings (%)5,11 as of Aug 31, 2021

Holding % of Net Assets
Amazon.com Inc 8.18%
Microsoft Corp 6.88%
Alphabet Inc - CL A 5.26%
Apple Inc 5.16%
Visa Inc 4.41%
Facebook Inc 4.37%
PayPal Holdings Inc 4.16%
Adobe Inc 3.67%
Intuit Inc 2.66%
Qualcomm Inc 2.26%
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. 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. A non-diversified fund may be subject to greater risk by investing in a smaller number of investments than a diversified fund. 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

Lewis R. Piantedosi

Lewis R. Piantedosi

Vice President, Eaton Vance Management
Joined Eaton Vance 1999

Biography

Lewis Piantedosi is a vice president of Eaton Vance Management, director of growth equity and team leader of Eaton Vance's growth team, where he also serves as a portfolio manager. He is responsible for buy and sell decisions, portfolio construction and risk management for the firm's growth equity strategies. He is a member of the firm's Equity Strategy Committee. He joined Eaton Vance in 1993.

Lew began his career in the investment management industry in 1993. Prior to rejoining Eaton Vance in 1999, he served as partner, portfolio manager and equity analyst with Freedom Capital Management. Previously, he was a research analyst with Eaton Vance Management.

Lew earned a B.A. from Framingham State College and an MBA from Bentley University.

Education
  • B.A. Framingham State College
  • M.B.A McCallum Graduate School of Business, Bentley College

Experience
  • Managed Fund since inception

 

Douglas R. Rogers, CFA, CMT

Vice President, Eaton Vance Management
Joined Eaton Vance 2001

Biography

Douglas Rogers is a vice president of Eaton Vance Management and portfolio manager on Eaton Vance's growth team. He is responsible for buy and sell decisions, portfolio construction and risk management for the firm's growth equity strategies. In addition, he covers the capital markets, consumer finance, diversified financial services, and internet software and services industries. He joined Eaton Vance in 2001.

Doug began his career in the investment management industry in 1999. Before joining Eaton Vance, he was a research analyst with Endeca Technologies Inc.

Doug earned a B.S. from the United States Naval Academy and an MBA from Harvard Business School. He is a Chartered Market Technician (CMT) and a CFA charterholder.

Education
  • B.S. United States Naval Academy
  • M.B.A. Harvard University

Experience
  • Managed Fund since 2021

 

Literature

Literature

Fact Sheet

Download Fact Sheet - Last updated: Jun 30, 2021

Annual Report

Download Annual Report - Last updated: Dec 31, 2020

Full Prospectus

Download Full Prospectus - Last updated: May 1, 2021

Q1 Holdings

Download Q1 Holdings - Last updated: Mar 31, 2021

Q3 Holdings

Download Q3 Holdings - Last updated: Sep 30, 2020

Holdings - Form N-PORT

Download Holdings - Form N-PORT

SAI

Download SAI - Last updated: May 1, 2021

Semi-Annual Report

Download Semi-Annual Report - Last updated: Jun 30, 2021

Summary Prospectus

Download Summary Prospectus - Last updated: May 1, 2021