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. Source: Eaton Vance and RIMES.
 

Fund Facts as of Apr 30, 2019

Class I2$ Inception 06/04/2008
Investment Objective Long-term capital appreciation
Total Net Assets $538.4M
Minimum Investment $5000000

Fund Codes

CUSIP G2918S660
ISIN IE00B2RKZ566
SEDOL B2RKZ56
Valor Number 4277926
Wertpapierkennnummer A0Q5YQ
 

Top 10 Holdings (%)2,3 as of Apr 30, 2019

Fomento Economico Mexico 0.79
Sberbank 0.78
Naspers Ltd. 0.73
Credicorp Ltd. 0.69
America Movil SA 0.63
Lukoil PJSC 0.58
Gazprom 0.56
Samsung Electronic 0.53
Tencent Holdings Ltd. 0.52
Grupo Financiero Banorte 0.51
Total 6.32
 

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. 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. Source: Eaton Vance and RIMES.
 

Calendar Year Returns (%)

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Fund at NAV 68.68 22.60 -19.16 19.19 1.70 -4.28 -17.32 11.76 27.37 -14.13
MSCI Emerging Markets Index1 78.51 18.88 -18.42 18.22 -2.60 -2.19 -14.92 11.19 37.28 -14.58
 

Fund Facts

Class I2$ Inception 06/04/2008
 

NAV History

Date NAV NAV Change
May 16, 2019 $10.71 -$0.03
May 15, 2019 $10.74 $0.01
May 14, 2019 $10.73 $0.06
May 13, 2019 $10.67 -$0.25
May 10, 2019 $10.92 $0.06
May 09, 2019 $10.86 -$0.14
May 08, 2019 $11.00 -$0.02
May 07, 2019 $11.02 -$0.25
May 06, 2019 $11.27 $0.00
May 03, 2019 $11.27 $0.07
View All
 

Distribution History4

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

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. 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 (%)3 as of Apr 30, 2019

Portfolio Statistics as of Apr 30, 2019

Median Market Cap $2.7B
Price/Earnings Ratio 12.71
Number of Holdings 1,465
Price/Book Ratio 1.45
Countries Represented 50
 

GICS Sector Breakdown (%)3 as of Apr 30, 2019

Assets by Country (%)3 as of Apr 30, 2019

China 9.96
India 6.25
Taiwan 6.24
Korea 6.12
South Africa 5.96
Mexico 5.75
Russia 5.75
Brazil 5.56
Indonesia 3.15
Thailand 3.10
View All
 

Geographic Mix (%)3 as of Apr 30, 2019

Asia/Pacific 46.42
Latin America 18.10
Eastern Europe 15.57
Africa 9.65
Middle East 8.81
Europe except U.K. 1.45
 

Fund Holdings (%)3,5 as of Mar 31, 2019

Holding % of Net Assets
Sberbank of Russia PJSC 0.82%
Credicorp Ltd 0.69%
Naspers Ltd 0.65%
LUKOIL PJSC 0.59%
Fomento Economico Mexicano SAB de CV 0.53%
Gazprom PJSC 0.52%
Samsung Electronics Co Ltd 0.52%
Cia de Minas Buenaventura SAA 0.52%
Tencent Holdings Ltd 0.47%
Ahli United Bank BSC 0.44%
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. 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

Thomas Seto

Thomas Seto

Head of Investment Management
Parametric Seattle Investment Center
Joined Parametric Portfolio Associates 1998

Biography

Thomas Seto is head of investment management with Parametric Portfolio Associates LLC, an investment adviser and majority-owned subsidiary of Eaton Vance Corp. Tom is responsible for all portfolio management and trading at the Seattle Investment Center, and is a member of the executive committee. He joined Parametric in 1998.

Tom began his career in the investment management industry in 1991. Before joining Parametric, he served as the head of U.S. equity index investments at Barclays Global Investors.

Tom earned a B.S. in electrical engineering from the University of Washington and an MBA from the University of Chicago Booth School of Business.

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

Experience
  • Managed Fund since 2008

 
Paul Bouchey, CFA

Paul Bouchey, CFA

Chief Investment Officer
Parametric Seattle Investment Center
Joined Parametric Portfolio Associates 2006

Biography

Paul Bouchey is chief investment officer of Parametric Portfolio Associates LLC, an investment adviser and majority-owned subsidiary of Eaton Vance Corp. Paul Bouchey leads Parametric's Investment, Research and Strategy activities. He is responsible for setting the overall research agenda and new product development. He joined Parametric in 2006.

Paul began his career in the investment management industry in 1994. Before joining Parametric, Paul was a senior researcher at Russell Investment Group, where he focused on simulation, optimization and quantitative decision models for institutional and private clients.

Paul earned a B.A. in mathematics and physics from Whitman College and an M.S. in computational finance and risk management from the University of Washington. He holds a patent on cross-sectional volatility indexing and has authored more than 10 academic and practitioner articles in journals such as The Journal of Portfolio Management, The Journal of Wealth Management and The Journal of Index Investing. He is a CFA charterholder.

Education
  • B.A. Whitman College
  • M.S. University of Washington

Experience
  • Managed Fund since 2019

 

Jennifer Sireklove, CFA

Managing Director, Investment Strategy
Parametric Seattle Investment Center
Joined Parametric Portfolio Associates 2013

Biography

Jennifer Sireklove is managing director, investment strategy for Parametric Portfolio Associates LLC, an investment adviser and majority-owned subsidiary of Eaton Vance Corp. She is responsible for all Seattle-based investment strategies and is co-strategist for the firm's systematic alpha strategies. In addition, she holds investment responsibilities for Parametric's emerging-market and international strategies. She joined Parametric in 2013.

Jennifer began her career in the investment management industry in 2003. Her most recent focus at Parametric has been responsible investing, where she has been instrumental in building and growing that business as director of responsible investing, and she has held strategy roles in the commodity and income areas. Before joining Parametric, she was an equity research analyst at McAdams Wright Ragen.

Jennifer earned a B.A. in economics from Reed College and an MBA in finance from the University of Chicago. She is a CFA charterholder.

Education
  • B.A. Reed College
  • MBA University of Chicago

Experience
  • Managed Fund since 2019

 

Literature

Please see Important Fund Documents under Resources (above).