Founded in 1924, Eaton Vance has a long term perspective towards investing which it uses to deliver sustained value to its clients. With over $165.4 billion of assets under management, the company provides a wide range of investment products and wealth management services to individuals and institutions. It aims to become the country’s premier investment management organization and believes that its client-centric approach sets it apart from other organizations in the asset management industry.
Below we will share with you 5 top rated Eaton Vance mutual funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all Eaton Vance mutual funds, then click here.
Eaton Vance Large Cap Value A (EHSTX) seeks total return by investing in value stocks of companies with large market capitalizations. It focuses on purchasing dividend paying stocks and may invest in convertible debt securities. The fund has a ten year annualized return of 4.43%.
This Eaton Vance mutual fund has a minimum initial investment of $1,000 and an expense ratio of 1.03% compared to a category average of 1.29%.
Eaton Vance Greater India A (ETGIX) invests at least 80% of its assets in companies in India and its surrounding countries. Not more than 5% are invested in countries other than India, Pakistan and Sri Lanka. The fund returned 23.12 % in the last one year period and has a five year annualized return of 12.99%.
Christopher Darling is the fund manager and he has managed this Eaton Vance mutual fund since 2007.
Eaton Vance National Municipal Income A (EANAX) seeks tax-exempt current income. It invests the majority of its assets in municipal securities exempt from federal taxes. The fund focuses on purchasing municipal securities rated investment grade, but may also consider investing in obligation of lower quality. The fund returned 16.76% in the last one year period.
The Eaton Vance mutual fund has a minimum initial investment of $1,000 and an expense ratio of 0.70% compared to a category average of 1.02%.
Eaton Vance Worldwide Health Sciences A (ETHSX) invests the majority of its assets in common stocks of companies in the healthcare sector. These companies are those whose principal operations involve products or services related to scientific advances in healthcare. It also purchases fixed-income and foreign securities. The fund has a three year annualized return of 2.59%.
Samuel D. C. Isaly is the fund manager and he has managed this Eaton Vance mutual fund since 1985.
Eaton Vance Tax-Managed Growth 1.2 A (EXTGX) seeks post-tax returns over the long term. The fund seeks to purchase common stocks of companies with good growth prospects and strong financial fundamentals. Up to 25% of its assets are invested in foreign securities, including those issued form emerging markets. The fund returned 11.2% over the last one year period.
As of June 2010, this fund held 322 issues, with 3.00% of its total assets invested in PepsiCo, Inc.
To view the Zacks Rank and past performance of all Eaton Vance mutual funds, then click here.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds/mutualfund/
