Overview

Historical Returns (%) as of Mar 31, 2019

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 Facts as of Mar 31, 2019

Class I Inception 09/03/2008
Performance Inception 11/01/2001
Investment Objective Long-term capital appreciation
Total Net Assets $91.0M
Total Net Assets of Portfolio2 $601.3M
Expense Ratio (Gross)3 0.86%
Expense Ratio (Net)3,4 0.73%
CUSIP 277923744

Top 10 Holdings (%)5,6 as of Mar 31, 2019

Microsoft Corp 4.53
Alphabet Inc - CL C 3.71
Apple Inc 3.59
Amazon.com Inc 3.04
Visa Inc 2.97
Verizon Communications Inc 2.65
Bank of America Corp 2.57
Danaher Corp 2.37
Facebook Inc 2.29
Procter & Gamble Co 2.26
Total 29.98
 

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding. Fund invests in an affiliated investment company (Portfolio) with the same objective(s) and policies as the Fund. References to investments are to the Portfolio's holdings.

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. 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. 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, 2019

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 (%)

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Fund at NAV 24.94 10.41 -1.86 15.89 33.14 12.24 4.83 7.05 20.14 -5.63
S&P 500 Index1 26.46 15.06 2.11 16.00 32.39 13.69 1.38 11.96 21.83 -4.38
 

Fund Facts

Expense Ratio (Gross)3 0.86%
Expense Ratio (Net)3,4 0.73%
Class I Inception 09/03/2008
Performance Inception 11/01/2001
Distribution Frequency Annually

Risk Measures (3 Year)8 as of Mar 31, 2019

Alpha (%) -1.39
Beta 0.97
R-Squared (%) 97.29
Standard Deviation (%) 10.60
Sharpe Ratio 0.98
 

Morningstar Rating™ as of Mar 31, 2019

Time Period Rating Funds in
Large Blend
Category
Overall *** 1218
3 Years *** 1218
5 Years *** 1081
10 Years *** 810
 

NAV History

Date NAV NAV Change
Apr 17, 2019 $17.31 -$0.05
Apr 16, 2019 $17.36 -$0.05
Apr 15, 2019 $17.41 $0.00
Apr 12, 2019 $17.41 $0.12
Apr 11, 2019 $17.29 -$0.01
Apr 10, 2019 $17.30 $0.07
Apr 09, 2019 $17.23 -$0.09
Apr 08, 2019 $17.32 $0.02
Apr 05, 2019 $17.30 $0.08
Apr 04, 2019 $17.22 $0.01
 

Distribution History9

Ex-Date Distribution Reinvest NAV
Dec 18, 2018 $0.18170 $14.98
Aug 09, 2018 $0.01040 $18.81
Dec 19, 2017 $0.19420 $17.49
Jul 26, 2017 $0.02280 $17.24
Dec 13, 2016 $0.17550 $15.96
Jun 15, 2016 $0.00490 $15.28
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 18, 2018 $0.30660 $1.23450 $14.98
Aug 09, 2018 $0.04290 $0.05340 $18.81
Dec 19, 2017 $0.36710 $0.52880 $17.49
Jul 26, 2017 $0.01130 $0.28360 $17.24
Dec 13, 2016 $0.24280 $15.96
Jun 15, 2016 $0.01010 $0.05780 $15.28
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 an affiliated investment company (Portfolio) with the same objective(s) and policies as the Fund. References to investments are to the Portfolio's holdings.

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. 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. 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 (%)6,10 as of Mar 31, 2019

Portfolio Statistics as of Mar 31, 2019

Average Market Cap $233.5B
Price/Earnings Ratio 19.05
Number of Holdings 66
Price/Book Ratio 3.70
Active Share11 66.60%
 

GICS Sector Breakdown (%)6 as of Mar 31, 2019

 

Fund Holdings (%)6,12 as of Feb 28, 2019

Holding % of Net Assets
Microsoft Corp 4.39%
Alphabet Inc - CL C 3.61%
Apple Inc 3.08%
Amazon.com Inc 2.86%
Bank of America Corp 2.76%
Verizon Communications Inc 2.60%
Visa Inc 2.51%
Danaher Corp 2.48%
Anthem Inc 2.36%
Facebook Inc 2.26%
View All

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding. Fund invests in an affiliated investment company (Portfolio) with the same objective(s) and policies as the Fund. References to investments are to the Portfolio's holdings.

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. 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. 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 2007

 

Literature

Literature

Fact Sheet

Download - Last updated: Mar 31, 2019

Attribution

Download - Last updated: Mar 31, 2019

Annual Report

Download - Last updated: Dec 31, 2018

Full Prospectus

Download - Last updated: May 1, 2018

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

Download

SAI

Download - Last updated: May 1, 2018

Semi-Annual Report

Download - Last updated: Jun 30, 2018

Summary Prospectus

Download - Last updated: May 1, 2018

XBRL

Download - Last updated: May 11, 2018