EACBX Fees and Costs — Eaton Vance 1-to-10 Year Laddered Corporate Bond Fund, Class A
Data updated: 2020-07-23
The net expense ratio is 0.65%: a 0.32% management fee, a 0.25% 12b-1 fee plus 1.35% other expenses, less a 1.27% fee waiver. This share class carries a maximum front-end sales load of 2.25%. Portfolio turnover was 42%.
EACBX Fees and Expenses
Annual operating expenses and sales charges of EACBX. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.32% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.35% |
| Gross expense ratio | 1.92% |
| Fee waiver | −1.27% |
| Net expense ratio | 0.65% |
| Sales charges | |
|---|---|
| Max front load | 2.25% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
EACBX Costs Over Time
On $10,000 invested in EACBX, assuming 5% a year before costs, total costs come to $687 over 5 years, cutting the return by 1.16% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $225 | $225 | $225 |
| Fund expenses (net expense ratio 0.65%) | $67 | $209 | $364 |
| Lost growth on money paid in costs | $11 | $46 | $99 |
| Total costs | $303 | $480 | $687 |
| Value after costs | $10,197 | $11,097 | $12,075 |
| Impact on return, per year | 3.03% | 1.47% | 1.16% |
EACBX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $9.0M
- Portfolio turnover (prospectus): 42%
- Securities lending: none during the year
EACBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $1.3M | 17.23% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $1.2M | 16.90% |
| Morgan Stanley & Co. LLC | $1.0M | 14.07% |
| Citigroup Global Markets Inc. | $804K | 11.04% |
| MarketAxess Corporation | $676K | 9.28% |
| JPMorgan Chase & Co. | $615K | 8.44% |
| Millennium Advisors, LLC | $530K | 7.28% |
| Wells Fargo Brokerage Services, LLC | $431K | 5.92% |
| Pershing LLC | $360K | 4.93% |
| Credit Suisse Securities (USA) LLC | $358K | 4.91% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.