Overview

Historical Returns (%) as of Dec 31, 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. After-tax returns are calculated using certain assumptions, including using the highest individual federal income tax rates in effect at the time of the distributions 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 Dec 31, 2018

Class A Inception 06/30/2000
Investment Objective Long-term, after-tax return
Total Net Assets $81.9M
Total Net Assets of Portfolio2 $140.2M
Minimum Investment $1000
Expense Ratio3 1.34%
CUSIP 277911616

Top 10 Holdings (%)4,5 as of Dec 31, 2018

Amazon.com Inc 8.56
Alphabet Inc - CL C 3.99
Visa Inc 3.95
Adobe Inc 3.95
Facebook Inc 3.50
Alphabet Inc - CL A 3.35
salesforce.com Inc 3.30
UnitedHealth Group Inc 2.87
GoDaddy Inc 2.86
Twitter Inc 2.69
Total 39.03
 

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. 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 by tax legislation regulation or interpretation. Smaller companies are generally subject to greater price fluctuations, limited liquidity, higher transaction costs and higher investment risk than larger, more established companies. 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. 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 Dec 31, 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. After-tax returns are calculated using certain assumptions, including using the highest individual federal income tax rates in effect at the time of the distributions 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 (%)

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Fund at NAV 51.04 9.61 -1.96 11.01 34.72 6.35 5.62 1.76 25.78 0.01
Russell 3000® Growth Index1 37.01 17.64 2.18 15.21 34.23 12.44 5.09 7.39 29.59 -2.12
 

Fund Facts

Expense Ratio3 1.34%
Class A Inception 06/30/2000
Distribution Frequency Annually

Risk Measures (3 Year)7 as of Dec 31, 2018

Alpha (%) -2.51
Beta 1.05
R-Squared (%) 92.45
Standard Deviation (%) 13.67
Sharpe Ratio 0.55
 

Morningstar Rating™ as of Dec 31, 2018

Time Period Rating Funds in
Large Growth
Category
Overall *** 1247
3 Years *** 1247
5 Years *** 1107
10 Years *** 799
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.

©2019 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
Jan 17, 2019 $28.40 $0.28
Jan 16, 2019 $28.12 $0.03
Jan 15, 2019 $28.09 $0.44
Jan 14, 2019 $27.65 -$0.17
Jan 11, 2019 $27.82 -$0.05
Jan 10, 2019 $27.87 $0.13
Jan 09, 2019 $27.74 $0.18
Jan 08, 2019 $27.56 $0.38
Jan 07, 2019 $27.18 $0.52
Jan 04, 2019 $26.66 $1.12
 

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 20, 2018 $0.62740 $25.60
Dec 21, 2017 $0.06340 $27.01
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. 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 by tax legislation regulation or interpretation. Smaller companies are generally subject to greater price fluctuations, limited liquidity, higher transaction costs and higher investment risk than larger, more established companies. 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. 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 Dec 31, 2018

Portfolio Statistics as of Dec 31, 2018

Average Market Cap $203.3B
Price/Earnings Ratio 22.40
Number of Holdings 67
Price/Book Ratio 5.73
Active Share10 64.91%
 

GICS Sector Breakdown (%)5 as of Dec 31, 2018

 

Fund Holdings (%)5,11 as of Nov 30, 2018

Holding % of Net Assets
Amazon.com Inc 8.81%
Adobe Inc 4.08%
Visa Inc 3.88%
Alphabet Inc - CL C 3.86%
Facebook Inc 3.43%
Alphabet Inc - CL A 3.26%
salesforce.com Inc 3.15%
EV Cash Reserves Fund LLC 3.12%
UnitedHealth Group Inc 2.97%
Monolithic Power Systems Inc 2.72%
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. 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 by tax legislation regulation or interpretation. Smaller companies are generally subject to greater price fluctuations, limited liquidity, higher transaction costs and higher investment risk than larger, more established companies. 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. 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 2013

 
Yana S. Barton, CFA

Yana S. Barton, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 1997

Biography

Yana Barton is a vice president of Eaton Vance Management and portfolio manager on Eaton Vance’s growth team. She is responsible for buy and sell decisions, portfolio construction and risk management for the firm’s growth equity strategies. She is a member of the firm’s Equity Strategy Committee. She began her career in the investment management industry with Eaton Vance in 1997.

Yana earned a B.S. from the University of Florida. She is a member of the CFA Society of Boston and is a CFA charterholder.

Education
  • B.S. University of Florida

Experience
  • Managed Fund since 2013

 

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. 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 2018

 

Kenneth D. Zinner, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 2011

Biography

Kenneth Zinner 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. He joined Eaton Vance in 2011.

Ken began his career in the investment management industry in 1998. Before joining Eaton Vance, he was affiliated with Invesco, most recently as a senior equity analyst.

Ken earned a B.A. from Brandeis University and an MBA from The University of Texas at Austin McCombs School of Business. He is a CFA charterholder.

Education
  • B.A. Brandeis University
  • M.B.A. University of Texas

Experience
  • Managed Fund since 2018

 

Literature

Literature

Fact Sheet

Download - Last updated: Sep 30, 2018

Annual Report

Download - Last updated: Oct 31, 2018

Full Prospectus

Download - Last updated: Mar 1, 2018

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

Download

SAI

Download - Last updated: Mar 1, 2018

Semi-Annual Report

Download - Last updated: Apr 30, 2018

Summary Prospectus

Download - Last updated: Mar 1, 2018

XBRL

Download - Last updated: Mar 15, 2018