Eaton Vance Risk-Managed Equity Option Fund Class A (EROAX)

7.82
Net Asset Value
+0.26%
1 Day
-1.51%
Year-to-Date
Overall Morningstar Rating
Long/short equity
Style or Category
5.75
Sales Expenses
1.99%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks total return. Under normal market conditions, the fund invests at least 80% of its total assets in a diversified portfolio of common stocks. It invests in large- and mid- capitalization common stocks of U.S. issuers. The fund may also invest up to 40% of its total assets in securities of foreign issuers, some of which may be located in emerging market countries. It intends to write (sell) call options and purchase put options and/or enter into put option spreads on securities and on one or more broad-based U.S. stock indices, including put options and put spreads on exchange-traded funds (" ETFs ") that replicate such indices.

Performance

1 month-1.39% 3 years+4.65%
3 months-2.25% 5 years+4.64%
1 year+9.33% Since inception+2.58%
Data through --

Peer Comparisonvs. Long/short equity

 EROAXCategory
Performance 5-yr return+4.64%+11.15%
Expense ratio1.99%1.92%
Risk 5 year sharpe ratio0.800.99
Net assets$38.4M$534.5M
Average market cap$65.8B$39.2B
Average P/E19.416.7
Portfolio turnover45%45%

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Fund Management and Purchase Info

Fund familyEaton Vance
Fund manager & tenureWalter Row, III / 6 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

U.S. stock93.62%
International stock6.10%
Fixed income0.29%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 15.04%
Financial service 13.75%
Energy 13.17%
Healthcare 10.90%
Consumer goods 10.39%
Top 10 Holdings
Portfolio weighting
GOOGL Google Inc Class A4.32%
GILD Gilead Sciences Inc2.85%
AAPL Apple Inc2.52%
MRK Merck & Co Inc2.30%
OXY Occidental Petroleum Corporation2.05%
JPM JPMorgan Chase & Co2.03%
GLW Corning Inc2.00%
FB Facebook Inc Class A1.94%
EMR Emerson Electric Co.1.92%
XOM Exxon Mobil Corporation1.89%

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