EEIDX — Eaton Vance Emerging Markets Debt Fund
Data updated: 2022-12-30
EEIDX — Eaton Vance Emerging Markets Debt Fund. Commodity · $15.67M AUM · 0.87% expense ratio. Holdings, fees, performance and SEC filings.
EEIDX Fund Overview
EEIDX — Eaton Vance Emerging Markets Debt Fund is a US mutual fund managed by Eaton Vance Mutual Funds Trust, categorised as Commodity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Eaton Vance Mutual Funds Trust
- Category: Commodity
- Assets under management: $15.67M
- 1-year return: -27.3%
- Ticker: EEIDX
- SEC CIK: 0000745463
- SEC series ID: S000061852
- Share class ID: C000200252
EEIDX Investment Objective and Strategy
Eaton Vance Emerging Markets Debt Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Eaton Vance Mutual Funds Trust.
Investment objective
The Funds investment objective is total return.
Principal investment strategy
Under normal market conditions, the Fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in (i) income instruments issued by emerging market entities or sovereign nations; and/or (ii) derivative instruments, based on the currencies, interest rates, or issues of, emerging market countries (the 80% Policy). The Funds investments will be denominated in developed market currencies. The investment adviser currently considers the following countries to be developed: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, Japan, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom and United States. An emerging market country is any country determined by the investment adviser to have an emerging market economy, considering factors such as the countrys political and economic stability, and the development of its financial and capital markets.
An emerging market entity is an entity that is located in an emerging market country or has significant economic exposure to an emerging market, including corporate, national and local government, and quasi-government entities. Emerging market countries include so-called frontier market countries. Frontier markets include less developed countries that (i) are not included in the JPMorgan Emerging Markets Bond Index Global Diversified (JPM EMBI Glbl Div) (the Index); or (ii) represent 2% or less of the Index. The Fund is non-diversified, which means it may invest a greater percentage of its assets in the securities of a single issuer than a diversified fund. The Fund may invest significantly in a geographic region or country. The Fund will have exposure to sovereign nations (including currencies, interest rates and debt instruments issued or guaranteed by sovereign entities) and duration.
The Fund may invest in instruments of any credit rating, including those rated below investment grade (rated below BBB by either S&P Global Ratings or Fitch Ratings, or below Baa by Moodys Investors Service, Inc.) or in unrated instruments considered to be of comparable quality by the investment adviser (often referred to as junk investments). The Fund may invest in a wide variety of derivative instruments. The Fund expects to achieve certain exposures through purchasing and selling derivative instruments, including (but not limited to) forward foreign currency exchange contracts; futures on securities, indices, currencies, commodities, swaps and other investments; options; and interest rate swaps, cross-currency swaps, total return swaps and credit default swaps, which may create economic leverage in the Fund.
The Fund may engage in derivative transactions to seek to enhance total return; to hedge against fluctuations in securities prices, interest rates or currency exchange rates; to change the effective duration of its portfolio; to manage certain investment risks; and/or as a substitute for the purchase or sale of securities or currencies. The Funds use of derivatives may be extensive and there is no stated limit on their use. The Funds investments may include foreign and domestic securities and other instruments, including sovereign debt (including U.S. Treasuries), mortgage-backed securities (MBS) and asset-backed securities, stripped securities, loans, bank instruments, municipal securities, corporate debt, other fixed-income securities and commodities-related investments. The Fund may invest up to 5% of net assets in equity securities.
The Fund may engage in repurchase agreements, reverse repurchase agreements, forward commitments and short sales. In managing the Fund, the investment adviser will adjust investments in an effort to take advantage of differences in countries, currencies, interest rates and credits based on its global macroeconomic and political analysis. The investment adviser seeks to identify countries and currencies it believes have potential to outperform investments in other countries and currencies, and to anticipate changes in global economies, markets, political conditions and other factors for this purpose. The investment adviser considers the relative risk/return characteristics of prospective investments (whether securities, currencies, derivatives, commodities or other instruments) in determining the most efficient means for achieving desired exposures.
EEIDX Performance
Total returns for EEIDX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -27.3% |
| 3 years (annualised) | -8.1% |
EEIDX Risk Information
Risk metrics for EEIDX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.3%
EEIDX Costs and Fees
EEIDX costs about $87 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.87%
- Gross expense ratio: 2.50%
- Portfolio turnover: 176%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
EEIDX Cashflows
Over the 12 months to 2022-10, Eaton Vance Emerging Markets Debt Fund had net inflows of $10.22M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-10 | $9.84M |
| 2022-09 | $251.19K |
| 2022-08 | −$242.43K |
| 2022-07 | $4.02K |
| 2022-06 | $2.76K |
| 2022-05 | −$23.32K |
EEIDX Debt Constituents
No individual debt constituents are reported in Eaton Vance Emerging Markets Debt Fund's latest SEC N-PORT filing.
EEIDX Prospectus and SEC Filings
Official Eaton Vance Emerging Markets Debt Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-05-26
- Prospectus (485BPOS) — filed 2021-05-27
- Prospectus (485BPOS) — filed 2020-06-15
- Portfolio holdings (N-PORT) — filed 2022-12-30
- Portfolio holdings (N-PORT) — filed 2022-09-19
- Portfolio holdings (N-PORT) — filed 2022-06-29
- Annual census (N-CEN) — filed 2022-04-12
- Annual census (N-CEN) — filed 2021-04-01
Related Funds
Other Commodity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.