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 Mos. YTD 1 Yr. 3 Yrs. 5 Yrs. 10 Yrs.
11/30/2017
Fund at NAV 1.17 4.69 18.09 20.50 6.66 9.21 4.16
Fund w/Max Sales Charge -4.62 -1.31 11.32 13.60 4.58 7.93 3.55
Return After Taxes on Dist w/Max Sales Charge 12.62 3.65 6.96 2.62
Return After Taxes on Dist & Sales of Fund Shares w/Max Sales Charge 8.40 3.42 6.11 2.72
MSCI World Index1 2.17 6.43 20.77 23.66 8.18 11.75 4.75
09/30/2017
Fund at NAV 1.78 2.63 14.81 15.27 6.13 8.78 3.40
Fund w/Max Sales Charge -4.06 -3.26 8.23 8.63 4.05 7.51 2.79
Return After Taxes on Dist w/Max Sales Charge 7.67 3.11 6.55 1.86
Return After Taxes on Dist & Sales of Fund Shares w/Max Sales Charge 5.57 3.01 5.79 2.13
MSCI World Index1 2.24 4.84 16.01 18.17 7.68 10.99 4.21
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. After-tax returns are calculated using certain assumptions, including using the highest historical individual federal income tax rates, and do not reflect the impact of state/local taxes. Actual after-tax returns depend on a shareholder's tax situation and the actual characterization of distributions and may differ from those shown. After-tax returns are not relevant to shareholders who hold shares in tax-deferred accounts or shares held by nontaxable entities. Return After Taxes on Distributions may be the same as Return Before Taxes for the same period because no taxable distributions were made during that period. Return After Taxes on Distributions and Sale of Fund Shares may be greater than or equal to Return After Taxes on Distributions for the same period because of losses realized on the sale of Fund shares. Before-tax and after-tax returns for other classes of shares offered by the Fund are different. Max Sales Charge: 5.75%.
 

Fund Facts as of Nov 30, 2017

Class A Inception 05/30/2003
Investment Objective After-tax total return
Total Net Assets $774.9M
Minimum Investment $1000
Expense Ratio2 1.18%
CUSIP 277923108

Top 10 Holdings (%)3,4 as of Sep 30, 2017

Alphabet Inc - CL C
Johnson & Johnson
Facebook Inc
Wells Fargo & Co
ASML Holding NV
Royal Dutch Shell PLC
BNP Paribas SA
Nippon Telegraph & Telephone Corp
Unilever PLC
Amazon.com Inc
Total 19.58
 

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

About Risk: 

Fund performance is sensitive to stock market volatility. Changes in the dividend policies of companies could make it difficult to provide a predictable level of income. 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. Dividend capture strategies may result in higher portfolio turnover, increased trading costs and potential for capital loss or gains. When interest rates rise, the value of preferred stocks and other hybrid securities will generally decline. Market conditions may limit the ability to generate tax losses or to generate dividend income taxed at favorable tax rates. The Fund's ability to utilize various tax-managed techniques may be curtailed or eliminated in the future by tax legislation or regulation. 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 Mos. YTD 1 Yr. 3 Yrs. 5 Yrs. 10 Yrs.
11/30/2017
Fund at NAV 1.17 4.69 18.09 20.50 6.66 9.21 4.16
Fund w/Max Sales Charge -4.62 -1.31 11.32 13.60 4.58 7.93 3.55
Return After Taxes on Dist w/Max Sales Charge 12.62 3.65 6.96 2.62
Return After Taxes on Dist & Sales of Fund Shares w/Max Sales Charge 8.40 3.42 6.11 2.72
MSCI World Index1 2.17 6.43 20.77 23.66 8.18 11.75 4.75
Morningstar World Large Stock Category5 1.87 5.74 22.03 23.97 7.65 10.97 4.50
09/30/2017
Fund at NAV 1.78 2.63 14.81 15.27 6.13 8.78 3.40
Fund w/Max Sales Charge -4.06 -3.26 8.23 8.63 4.05 7.51 2.79
Return After Taxes on Dist w/Max Sales Charge 7.67 3.11 6.55 1.86
Return After Taxes on Dist & Sales of Fund Shares w/Max Sales Charge 5.57 3.01 5.79 2.13
MSCI World Index1 2.24 4.84 16.01 18.17 7.68 10.99 4.21
Morningstar World Large Stock Category5 1.96 4.71 17.60 17.50 7.21 10.39 3.98
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. After-tax returns are calculated using certain assumptions, including using the highest historical individual federal income tax rates, and do not reflect the impact of state/local taxes. Actual after-tax returns depend on a shareholder's tax situation and the actual characterization of distributions and may differ from those shown. After-tax returns are not relevant to shareholders who hold shares in tax-deferred accounts or shares held by nontaxable entities. Return After Taxes on Distributions may be the same as Return Before Taxes for the same period because no taxable distributions were made during that period. Return After Taxes on Distributions and Sale of Fund Shares may be greater than or equal to Return After Taxes on Distributions for the same period because of losses realized on the sale of Fund shares. Before-tax and after-tax returns for other classes of shares offered by the Fund are different. Max Sales Charge: 5.75%.
 

Calendar Year Returns (%)

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Fund at NAV 5.63 -33.43 20.73 8.10 -1.18 13.82 20.68 3.10 2.97 1.88
MSCI World Index1 9.04 -40.71 29.99 11.76 -5.54 15.83 26.68 4.94 -0.87 7.51
 

Fund Facts

Expense Ratio2 1.18%
Class A Inception 05/30/2003
Distribution Frequency Monthly

Yield Information6 as of Nov 30, 2017

Distribution Rate at NAV 3.42%
SEC 30-day Yield 0.78%

Risk Measures (3 Year)7 as of Nov 30, 2017

Alpha (%) -0.34
Beta 0.86
R-Squared (%) 93.75
Standard Deviation (%) 9.28
Sharpe Ratio 0.68
 

Morningstar Rating™ as of Nov 30, 2017

Time Period Rating Funds in
World Large Stock
Category
Overall *** 711
3 Years *** 711
5 Years ** 585
10 Years *** 333
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.

©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.

NAV History

Date NAV NAV Change
Dec 11, 2017 $12.68 $0.03
Dec 08, 2017 $12.65 $0.07
Dec 07, 2017 $12.58 $0.03
Dec 06, 2017 $12.55 -$0.01
Dec 05, 2017 $12.56 -$0.03
Dec 04, 2017 $12.59 -$0.02
Dec 01, 2017 $12.61 -$0.02
Nov 30, 2017 $12.63 $0.05
Nov 29, 2017 $12.58 -$0.04
Nov 28, 2017 $12.62
 

Distribution History8

Ex-Date Distribution Reinvest NAV
Nov 21, 2017 $0.03600 $12.48
Oct 19, 2017 $0.03600 $12.45
Sep 19, 2017 $0.03600 $12.28
Aug 21, 2017 $0.03600 $12.01
Jul 19, 2017 $0.03600 $12.33
Jun 20, 2017 $0.03600 $12.13
May 19, 2017 $0.03600 $12.08
Apr 19, 2017 $0.03600 $11.45
Mar 21, 2017 $0.03600 $11.58
Feb 22, 2017 $0.03600 $11.56
View All
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
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: 

Fund performance is sensitive to stock market volatility. Changes in the dividend policies of companies could make it difficult to provide a predictable level of income. 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. Dividend capture strategies may result in higher portfolio turnover, increased trading costs and potential for capital loss or gains. When interest rates rise, the value of preferred stocks and other hybrid securities will generally decline. Market conditions may limit the ability to generate tax losses or to generate dividend income taxed at favorable tax rates. The Fund's ability to utilize various tax-managed techniques may be curtailed or eliminated in the future by tax legislation or regulation. 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 (%)4,9,10 as of Sep 30, 2017

Foreign Common Stocks 46.47
U.S. Common Stocks 45.00
Preferred Stock & Other 5.23
Cash 3.30
Total 100.00

Portfolio Statistics as of Sep 30, 2017

Average Market Cap $120.8B
Price/Earnings Ratio 18.29
Number of Holdings 129
Price/Book Ratio 2.58
Last Capital Gain Date Never
 

GICS Sector Breakdown (%)4,9 as of Sep 30, 2017

Sector Fund MSCI World Index1
Consumer Discretionary 10.99 12.11
Consumer Staples 6.97 9.08
Energy 5.68 6.31
Financials 19.55 18.12
Health Care 11.85 12.33
Industrials 13.95 11.53
Information Technology 13.81 16.24
Materials 4.84 5.10
Real Estate 3.57 3.14
Telecom Services 1.69 2.92
Utilities 3.64 3.13
Other 0.15
Cash 3.30

Assets by Country (%)4 as of Sep 30, 2017

United States 48.79
United Kingdom 10.23
Japan 8.57
France 5.56
Netherlands 4.78
Switzerland 2.68
Spain 2.68
Canada 2.57
Denmark 2.32
Cash & Other Assets 3.30
Total 100.00
View All
 

Geographic Mix (%)4 as of Sep 30, 2017

North America 51.36
Europe 32.47
Asia/Pacific 12.45
Latin America/Caribbean 0.41
Cash & Other Assets 3.30
Total 100.00
 

Fund Holdings (%)4,11 as of Oct 31, 2017

Holding % of Net Assets
Alphabet Inc - CL C 3.42%
Johnson & Johnson 2.62%
EV Cash Reserves Fund LLC 2.29%
Amazon.com Inc 2.10%
Facebook Inc 1.90%
ASML Holding NV 1.86%
Royal Dutch Shell PLC 1.83%
Wells Fargo & Co 1.82%
Nippon Telegraph & Telephone Corp 1.77%
Melrose Industries PLC 1.66%
View All

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

About Risk: 

Fund performance is sensitive to stock market volatility. Changes in the dividend policies of companies could make it difficult to provide a predictable level of income. 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. Dividend capture strategies may result in higher portfolio turnover, increased trading costs and potential for capital loss or gains. When interest rates rise, the value of preferred stocks and other hybrid securities will generally decline. Market conditions may limit the ability to generate tax losses or to generate dividend income taxed at favorable tax rates. The Fund's ability to utilize various tax-managed techniques may be curtailed or eliminated in the future by tax legislation or regulation. 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

Christopher M. Dyer, CFA

Christopher M. Dyer, CFA

Vice President, Director of Global Equity, Eaton Vance Advisers International Ltd.
Joined Eaton Vance 2015

Biography

Christopher Dyer is a vice president of Eaton Vance Advisers International Ltd. and director of global equity. He is responsible for building and leading a global equity investment team, and managing global and international equity portfolios. He joined Eaton Vance in 2015.

Chris began his career in the financial services industry in 1995. Before joining Eaton Vance, he was managing director and head of European equity for Goldman Sachs Asset Management (GSAM), where he was affiliated since 2001.

Chris earned a B.S., cum laude, from Georgetown University and an MBA from The Wharton School, University of Pennsylvania. He is a CFA charterholder.

Education
  • B.S. Georgetown University
  • M.B.A. The Wharton School, University of Pennsylvania

Experience
  • Managed Fund since 2015

 
Michael A. Allison, CFA

Michael A. Allison, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 2000

Biography

Michael Allison is a vice president of Eaton Vance Management, a director of equity strategy implementation and a structured equity portfolio manager on a number of Eaton Vance’s global and domestic equity income and tax-managed equity portfolios. On those funds, he is responsible for portfolio construction, tax oversight and risk management. He is a member of the firm’s Equity Strategy Committee. He joined Eaton Vance in 2000.

Mike began his career in the investment management industry in 1988. Before joining Eaton Vance, Mike was an equity analyst for Schroder Investment Management North America Inc. He was also affiliated with Fleet Investment Advisors and Phoenix Home Life Mutual Fund Insurance Co.

Mike earned a B.S.B.A. from the University of Denver. He is a member of the Boston Security Analysts Society and is a CFA charterholder.

Education
  • B.S.B.A., The University of Denver

Experience
  • Managed Fund since 2013

 
John H. Croft, CFA

John H. Croft, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 2004

Biography

John Croft 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 2004.

John began his career in the investment management industry in 1986. Before joining Eaton Vance, he was a credit analyst with Fidelity Management & Research Co.

John earned a B.A. from Colgate University and an MBA from the University of Chicago Graduate School of Business. He is a CFA charterholder.

Education
  • B.A. Colgate University
  • M.B.A. Booth School of Business, University of Chicago

Experience
  • Managed Fund since 2010

 

Literature

Literature

Fact Sheet

Download - Last updated: Sep 30, 2017

Annual Report

Download - Last updated: Oct 31, 2016

Full Prospectus

Download - Last updated: Mar 1, 2017

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

Download

Eaton Vance Announces Upcoming Retirement of Walter A. Row III

Download - Last updated: Jun 30, 2015

Eaton Vance Announces Upcoming Retirement of Judith A. Saryan, CFA, and Changes to Eaton Vance Dividend Fund Portfolio Teams

Download - Last updated: Nov 21, 2013

SAI

Download - Last updated: Mar 1, 2017

Semi-Annual Report

Download - Last updated: Apr 30, 2017

Summary Prospectus

Download - Last updated: Nov 1, 2017

XBRL

Download - Last updated: Mar 21, 2017