Overview

Portfolio Construction

Historical Returns (%) as of Jun 30, 2018

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. The share class has no sales charge.
 

Fund Facts as of Jul 31, 2018

Class I Inception 12/16/2015
Investment Objective Long-term capital appreciation
Total Net Assets $37.9M
Minimum Investment $250000
Expense Ratio (Gross)4 2.12%
Expense Ratio (Net)4,5 1.15%
CUSIP 27830N884

Top 10 Holdings (%)6,7 as of Jun 30, 2018

Sakata Seed Corp
DS Smith PLC
IMCD NV
Amer Sports Oyj
Asahi Co Ltd
Nohmi Bosai Ltd
Indutrade AB
Melrose Industries PLC
Trelleborg AB
Hiscox Ltd
Total 13.19
 

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

About Risk: 

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. In emerging countries, these risks may be more significant. Smaller companies are generally subject to greater price fluctuations, limited liquidity, higher transaction costs and higher investment risk than larger, more established companies. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry including REITs. 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 Jun 30, 2018

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. The share class has no sales charge.
 

Calendar Year Returns (%)

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Fund at NAV 0.99 37.20
MSCI World ex USA Small Cap Index3 -48.03 50.82 24.51 -15.81 17.48 25.55 -5.35 5.46 4.32 31.04
 

Fund Facts

Expense Ratio (Gross)4 2.12%
Expense Ratio (Net)4,5 1.15%
Class I Inception 12/16/2015
Distribution Frequency Annually
 

NAV History

Date NAV NAV Change
Aug 13, 2018 $12.99 -$0.09
Aug 10, 2018 $13.08 -$0.15
Aug 09, 2018 $13.23 $0.00
Aug 08, 2018 $13.23 $0.02
Aug 07, 2018 $13.21 $0.03
Aug 06, 2018 $13.18 -$0.06
Aug 03, 2018 $13.24 -$0.01
Aug 02, 2018 $13.25 -$0.08
Aug 01, 2018 $13.33 $0.00
Jul 31, 2018 $13.33 -$0.03
 

Distribution History9

Ex-Date Distribution Reinvest NAV
Dec 28, 2017 $0.20470 $13.22
Dec 29, 2016 $0.24890 $9.94
Dec 31, 2015 $0.00370 $10.13
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
Dec 28, 2017 $0.09050 $0.16670 $13.22
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 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. In emerging countries, these risks may be more significant. Smaller companies are generally subject to greater price fluctuations, limited liquidity, higher transaction costs and higher investment risk than larger, more established companies. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry including REITs. 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 Jun 30, 2018

Portfolio Statistics as of Jun 30, 2018

Average Market Cap $3.4B
Price/Earnings Ratio 17.04
Number of Holdings 139
Price/Book Ratio 1.90
Countries Represented 24
Active Share10 91.83%
 

GICS Sector Breakdown (%)7 as of Jun 30, 2018

Assets by Country (%)7 as of Jun 30, 2018

Japan 28.23
United Kingdom 14.11
Canada 8.10
Germany 7.51
Sweden 5.19
Italy 5.00
Switzerland 4.46
Australia 4.45
France 2.70
Cash & Other Assets 2.57
Total 100.00
View All
 

Geographic Mix (%)7 as of Jun 30, 2018

Europe 50.92
Asia/Pacific 36.15
North America 9.80
Middle East 0.41
Latin America/Caribbean 0.15
Cash & Other Assets 2.57
Total 100.00
 

Fund Holdings (%)7,11 as of Jun 30, 2018

Holding % of Net Assets
EV Cash Reserves Fund LLC 2.58%
Sakata Seed Corp 1.51%
DS Smith PLC 1.42%
IMCD NV 1.39%
Amer Sports Oyj 1.39%
Asahi Co Ltd 1.33%
Nohmi Bosai Ltd 1.33%
Indutrade AB 1.32%
Melrose Industries PLC 1.32%
Trelleborg AB 1.26%
View All

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

About Risk: 

The value of 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. In emerging countries, these risks may be more significant. Smaller companies are generally subject to greater price fluctuations, limited liquidity, higher transaction costs and higher investment risk than larger, more established companies. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry including REITs. 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

Aidan M. Farrell

Aidan M. Farrell

Vice President, Eaton Vance Advisers International Ltd.
Joined Eaton Vance 2015

Biography

Aidan Farrell is a vice president of Eaton Vance Advisers International Ltd. and director of global small-cap equity. He is responsible for managing global and international small-cap equity portfolios, leading a team of analysts. He joined Eaton Vance in 2015.

Aidan began his career in the investment management 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 a 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 inception

Other funds managed
 

Literature

Literature

Fact Sheet

Download - Last updated: Jun 30, 2018

Annual Report

Download - Last updated: Nov 30, 2017

Full Prospectus

Download - Last updated: Apr 1, 2018

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

Download

Proxy Statement

Download - Last updated: Aug 2, 2018

SAI

Download - Last updated: Apr 1, 2018

Semi-Annual Report

Download - Last updated: May 31, 2018

Summary Prospectus

Download - Last updated: Apr 1, 2018

XBRL

Download - Last updated: Apr 16, 2018