Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 11/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
4.2%
1 yr return
5.7%
3 Yr Avg Return
1.2%
5 Yr Avg Return
1.3%
Net Assets
$2.71 B
Holdings in Top 10
59.2%
Expense Ratio 0.77%
Front Load N/A
Deferred Load N/A
Turnover 310.00%
Redemption Fee N/A
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 11/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Under normal circumstances, the Fund invests at least 90% of its net assets (plus any borrowings for investment purposes) in any securities issued, backed or otherwise guaranteed by the U.S. Government or its agencies or instrumentalities (the “90% Policy”). These securities include, but are not limited to, fixed or floating-rate mortgage-backed securities (“MBS”) including collateralized mortgage obligations, issued, backed or otherwise guaranteed by the U.S. Government or its agencies or instrumentalities, Treasuries and agency bonds. The Fund may invest up to 10% of its net assets in other income securities, including, but not limited to, non-agency MBS and asset-backed securities, corporate bonds, loans and money market securities. The Fund many invest in securities in any ratings category, including securities rated below investment grade or in unrated securities considered to be of comparable quality by the investment adviser (commonly referred to as “junk bonds”). The Fund’s dollar-weighted average duration will not exceed three years. The Fund is not a money market fund and does not seek to maintain a stable net asset value per share.
The Fund may invest in stripped securities which may be issued by the U.S. Government, its agencies or instrumentalities, and may also be issued by private originators or investors, including depository institutions, banks, investment banks and special purpose subsidiaries of these entities.
The Fund may also engage in derivative transactions. Transactions in derivative instruments may include: the purchase or sale of futures contracts on securities, indices or other financial instruments or currencies; options on futures contracts; exchange-traded and over-the-counter options on securities, indices, currencies and other instruments; and interest rate, credit default, inflation and total return swaps. The Fund may take short or long positions with regard to certain synthetic total return swap indices. The Fund may use interest rate swaps and options on interest rate swaps for risk management purposes and not as a speculative investment and would typically use interest rate swaps to shorten the average interest rate reset time of its holdings. The Fund may engage in other derivatives to seek return, to hedge against fluctuations in securities prices, interest rates or currency exchange rates, to change the duration of obligations held by the Fund, to manage certain investment risks and/or as a substitute for the purchase or sale of securities or currencies. Except as required by applicable regulation, there is no stated limit on the Fund’s use of derivatives for such purposes.
The Fund may engage in borrowing and active management techniques. The Fund is authorized to borrow to acquire additional investments when it believes that the interest payments and other costs with respect to such borrowings will be exceeded by the anticipated total return on such investments. The Fund may enter into forward commitments to buy or sell agency MBS (to-be-announced transactions, or “TBAs”). In addition, the Fund at times may enter into mortgage dollar rolls. The Fund may engage in short sales of securities and in repurchase and reverse repurchase agreements.
The portfolio managers seek to purchase securities believed to be the best relative value with regard to price, yield, and expected total return in relation to other available instruments. Investment decisions are primarily made on the basis of fundamental research and relative value. The portfolio managers may sell a security when he believes the security no longer represents the best relative value and the fundamental research or cash needs dictate. When deemed by the investment adviser to be relevant to its evaluation of creditworthiness and when applicable information is available, the investment adviser considers environmental, social and/or governance issues (referred to as ESG) which may impact the prospects of an issuer (or obligor) or financial performance of an obligation. When considered, one or more ESG issues are taken into account alongside other factors in the investment decision‐making process and are not the sole determinant of whether an investment can be made or will remain in the Fund’s portfolio.
Period | EILDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -0.9% | 7.1% | 95.77% |
1 Yr | 5.7% | 2.6% | 9.3% | 92.02% |
3 Yr | 1.2%* | -1.4% | 6.8% | 97.07% |
5 Yr | 1.3%* | -1.0% | 4.5% | 94.21% |
10 Yr | 1.5%* | -4.2% | 27.9% | 84.30% |
* Annualized
Period | EILDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -2.1% | -2.3% | 4.3% | 99.06% |
2022 | -5.8% | -6.5% | 0.5% | 98.54% |
2021 | -2.0% | -2.1% | 0.3% | 99.50% |
2020 | 0.5% | -3.1% | 1.8% | 33.33% |
2019 | -1.2% | -1.2% | 6.1% | 100.00% |
Period | EILDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -0.9% | 7.1% | 95.77% |
1 Yr | 5.7% | 2.6% | 9.3% | 92.02% |
3 Yr | 1.2%* | -1.4% | 6.8% | 97.07% |
5 Yr | 1.3%* | -1.0% | 4.5% | 94.21% |
10 Yr | 1.5%* | -4.2% | 27.9% | 84.30% |
* Annualized
Period | EILDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.2% | 0.8% | 12.1% | 94.84% |
2022 | -2.9% | -5.1% | 2.5% | 93.69% |
2021 | -0.1% | -2.1% | 14.5% | 79.50% |
2020 | 3.1% | -1.0% | 3.6% | 6.25% |
2019 | 2.0% | 0.3% | 9.6% | 87.91% |
EILDX | Category Low | Category High | EILDX % Rank | |
---|---|---|---|---|
Net Assets | 2.71 B | 26.3 K | 22.6 B | 28.17% |
Number of Holdings | 718 | 2 | 1258 | 11.74% |
Net Assets in Top 10 | 1.46 B | 27.7 K | 22.7 B | 9.39% |
Weighting of Top 10 | 59.17% | 6.3% | 159.6% | 10.80% |
Weighting | Return Low | Return High | EILDX % Rank | |
---|---|---|---|---|
Bonds | 129.63% | 0.00% | 129.63% | 1.88% |
Other | 5.97% | -13.48% | 99.96% | 60.09% |
Cash | 0.76% | 0.00% | 112.72% | 88.26% |
Stocks | 0.00% | 0.00% | 97.16% | 72.77% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 66.20% |
Convertible Bonds | 0.00% | 0.00% | 15.25% | 91.51% |
Weighting | Return Low | Return High | EILDX % Rank | |
---|---|---|---|---|
Securitized | 99.84% | 0.00% | 100.00% | 2.36% |
Derivative | 8.17% | -13.48% | 16.56% | 2.35% |
Cash & Equivalents | 0.76% | 0.00% | 112.72% | 76.53% |
Corporate | 0.16% | 0.00% | 99.91% | 85.85% |
Municipal | 0.00% | 0.00% | 70.39% | 81.60% |
Government | 0.00% | 0.00% | 100.00% | 91.51% |
Weighting | Return Low | Return High | EILDX % Rank | |
---|---|---|---|---|
US | 129.63% | 0.00% | 129.63% | 1.88% |
Non US | 0.00% | 0.00% | 20.18% | 71.36% |
EILDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.77% | 0.08% | 29.63% | 20.00% |
Management Fee | 0.47% | 0.00% | 1.19% | 92.02% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
EILDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.50% | 5.75% | 50.00% |
Deferred Load | N/A | 0.25% | 1.00% | N/A |
EILDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 1.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
EILDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 310.00% | 0.00% | 336.00% | 98.88% |
EILDX | Category Low | Category High | EILDX % Rank | |
---|---|---|---|---|
Dividend Yield | 6.23% | 0.00% | 8.76% | 2.35% |
EILDX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
EILDX | Category Low | Category High | EILDX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.15% | -1.30% | 14.86% | 8.29% |
EILDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Monthly | Annually |
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.037 | OrdinaryDividend |
Aug 30, 2024 | $0.038 | OrdinaryDividend |
Jul 31, 2024 | $0.038 | OrdinaryDividend |
Apr 30, 2024 | $0.037 | OrdinaryDividend |
Mar 28, 2024 | $0.038 | OrdinaryDividend |
Feb 29, 2024 | $0.036 | OrdinaryDividend |
Jan 31, 2024 | $0.038 | OrdinaryDividend |
Dec 29, 2023 | $0.061 | OrdinaryDividend |
Nov 30, 2023 | $0.037 | OrdinaryDividend |
Oct 31, 2023 | $0.037 | OrdinaryDividend |
Sep 29, 2023 | $0.034 | OrdinaryDividend |
Aug 31, 2023 | $0.034 | OrdinaryDividend |
Jul 31, 2023 | $0.034 | OrdinaryDividend |
Jun 30, 2023 | $0.033 | OrdinaryDividend |
May 31, 2023 | $0.033 | OrdinaryDividend |
Apr 28, 2023 | $0.032 | OrdinaryDividend |
Mar 31, 2023 | $0.033 | OrdinaryDividend |
Feb 28, 2023 | $0.029 | OrdinaryDividend |
Jan 31, 2023 | $0.032 | OrdinaryDividend |
Dec 30, 2022 | $0.032 | OrdinaryDividend |
Nov 30, 2022 | $0.028 | OrdinaryDividend |
Oct 31, 2022 | $0.003 | ReturnOfCapital |
Oct 31, 2022 | $0.023 | OrdinaryDividend |
Sep 30, 2022 | $0.003 | ReturnOfCapital |
Sep 30, 2022 | $0.020 | OrdinaryDividend |
Aug 31, 2022 | $0.002 | ReturnOfCapital |
Aug 31, 2022 | $0.018 | OrdinaryDividend |
Jul 29, 2022 | $0.002 | ReturnOfCapital |
Jul 29, 2022 | $0.013 | OrdinaryDividend |
Jun 30, 2022 | $0.002 | ReturnOfCapital |
Jun 30, 2022 | $0.013 | OrdinaryDividend |
May 31, 2022 | $0.002 | ReturnOfCapital |
May 31, 2022 | $0.012 | OrdinaryDividend |
Apr 29, 2022 | $0.002 | ReturnOfCapital |
Apr 29, 2022 | $0.012 | OrdinaryDividend |
Mar 31, 2022 | $0.002 | ReturnOfCapital |
Mar 31, 2022 | $0.012 | OrdinaryDividend |
Feb 28, 2022 | $0.001 | ReturnOfCapital |
Feb 28, 2022 | $0.009 | OrdinaryDividend |
Jan 31, 2022 | $0.001 | ReturnOfCapital |
Jan 31, 2022 | $0.010 | OrdinaryDividend |
Dec 31, 2021 | $0.012 | OrdinaryDividend |
Nov 30, 2021 | $0.011 | OrdinaryDividend |
Oct 29, 2021 | $0.001 | ReturnOfCapital |
Oct 29, 2021 | $0.011 | OrdinaryDividend |
Sep 30, 2021 | $0.001 | ReturnOfCapital |
Sep 30, 2021 | $0.011 | OrdinaryDividend |
Aug 31, 2021 | $0.001 | ReturnOfCapital |
Aug 31, 2021 | $0.011 | OrdinaryDividend |
Jul 30, 2021 | $0.001 | ReturnOfCapital |
Jul 30, 2021 | $0.011 | OrdinaryDividend |
Jun 30, 2021 | $0.001 | ReturnOfCapital |
Jun 30, 2021 | $0.011 | OrdinaryDividend |
May 28, 2021 | $0.001 | ReturnOfCapital |
May 28, 2021 | $0.011 | OrdinaryDividend |
Apr 30, 2021 | $0.001 | ReturnOfCapital |
Apr 30, 2021 | $0.011 | OrdinaryDividend |
Mar 31, 2021 | $0.001 | ReturnOfCapital |
Mar 31, 2021 | $0.011 | OrdinaryDividend |
Feb 26, 2021 | $0.001 | ReturnOfCapital |
Feb 26, 2021 | $0.010 | OrdinaryDividend |
Jan 29, 2021 | $0.001 | ReturnOfCapital |
Jan 29, 2021 | $0.011 | OrdinaryDividend |
Dec 31, 2020 | $0.012 | OrdinaryDividend |
Nov 30, 2020 | $0.012 | OrdinaryDividend |
Oct 30, 2020 | $0.012 | OrdinaryDividend |
Sep 30, 2020 | $0.012 | OrdinaryDividend |
Aug 31, 2020 | $0.014 | OrdinaryDividend |
Jul 31, 2020 | $0.015 | OrdinaryDividend |
Jun 30, 2020 | $0.015 | OrdinaryDividend |
May 29, 2020 | $0.017 | OrdinaryDividend |
Apr 30, 2020 | $0.017 | OrdinaryDividend |
Mar 31, 2020 | $0.019 | OrdinaryDividend |
Feb 28, 2020 | $0.019 | OrdinaryDividend |
Jan 31, 2020 | $0.006 | OrdinaryDividend |
Jan 31, 2020 | $0.015 | CapitalGainLongTerm |
Dec 31, 2019 | $0.021 | OrdinaryDividend |
Nov 29, 2019 | $0.021 | OrdinaryDividend |
Oct 31, 2019 | $0.022 | OrdinaryDividend |
Sep 30, 2019 | $0.022 | OrdinaryDividend |
Aug 30, 2019 | $0.022 | OrdinaryDividend |
Jul 31, 2019 | $0.022 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Jul 01, 2014
7.92
7.9%
Andrew Szczurowski is a vice president of Eaton Vance Management and portfolio manager on Eaton Vance’s global income team. He is responsible for buy and sell decisions, portfolio construction and risk management for the firm’s mortgage-backed securities strategies. He joined Eaton Vance in 2007. Andrew began his career in the investment management industry in 2005. Before joining Eaton Vance, he was affiliated with BNY Mellon. Andrew earned a B.S., cum laude, from Peter T. Paul College of Business and Economics at the University of New Hampshire. He is a member of the CFA Society of Boston and is a CFA charterholder.
Start Date
Tenure
Tenure Rank
Nov 30, 2020
1.5
1.5%
Mr. Payne is a Vice President of Boston Management and Research and Eaton Vance and has been employed by Eaton Vance since 2015. Prior to 2015, Mr. Payne worked at Goldman Sachs and Kingsguard Advisors, LP from 2007 to 2015.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 32.44 | 6.52 | 7.92 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...