ERBAX Performance — Eaton Vance Equity Strategy Fund, Class A
Data updated: 2026-07-27
ERBAX returned +10.74% year to date and +26.89% over one year to May 2026. Annualised returns are +17.64% over 3 years and +8.60% over 5 years. Against its US Large Blend category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $163, against $165 for the category, and to $127 over one year, against $122. Volatility over the past three years was 12.05% a year. In the 12 months to May 2026 the fund lost a net $138.4M, and assets reached $580.23M.
ERBAX Growth of $100
What $100 invested in Eaton Vance Equity Strategy Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | ERBAX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $127 | $122 |
| 3 years (Jun 2023 – May 2026) | $163 | $165 |
| 5 years (Jun 2021 – May 2026) | $151 | $164 |
| Since data start (Sep 2019 – May 2026) | $216 | $229 |
ERBAX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.74% |
| 1 year | +26.89% |
| 3 years (annualised) | +17.64% |
| 5 years (annualised) | +8.60% |
ERBAX Annual Returns
Calendar-year total returns of Eaton Vance Equity Strategy Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +10.74% |
| 2025 | +18.07% |
| 2024 | +14.70% |
| 2023 | +14.33% |
| 2022 | −14.95% |
| 2021 | +17.22% |
| 2020 | +16.22% |
| 2019 (Sep–Dec) | +8.64% |
ERBAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.2% | +1.0% | −6.8% | +9.7% | +3.9% | — | — | — | — | — | — | — |
| 2025 | +2.4% | −1.4% | −3.8% | +0.6% | +5.4% | +3.8% | +0.8% | +1.9% | +3.5% | +2.4% | +0.1% | +1.3% |
| 2024 | −0.9% | +4.3% | +3.2% | −2.5% | +4.4% | +1.6% | +2.6% | +1.5% | +1.3% | −1.8% | +4.0% | −3.5% |
| 2023 | +5.0% | −3.2% | +4.4% | +2.0% | −2.6% | +4.3% | +3.2% | −3.2% | −4.8% | −2.3% | +7.4% | +4.3% |
| 2022 | −3.0% | −2.5% | +1.4% | −7.1% | +0.7% | −6.9% | +5.3% | −3.9% | −9.4% | +5.6% | +8.6% | −3.2% |
| 2021 | −1.0% | +3.9% | +3.6% | +3.9% | +2.2% | 0.0% | −0.7% | +2.0% | −4.1% | +4.6% | −2.4% | +4.5% |
| 2020 | −0.1% | −6.6% | −9.7% | +8.4% | +4.4% | +1.8% | +5.7% | +5.8% | −3.4% | −2.4% | +9.6% | +3.7% |
| 2019 | — | — | — | — | — | — | — | — | +0.9% | +2.0% | +2.4% | +3.1% |
ERBAX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 12.05%
- 3-year Sharpe ratio: 1.09 (vs 4.5% risk-free rate)
- Best month: +9.70% (Apr 2026)
- Worst month: −6.82% (Mar 2026)
ERBAX Fund Flows
Monthly money in and out of Eaton Vance Equity Strategy Fund, from SEC Form N-PORT.
- 12-month net flow: −$138.4M
- 12-month gross sales (incl. reinvestments): $250.1M
- Sales ÷ redemptions: 0.64×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $2.5M | $16.1M | −$13.6M |
| Apr 2026 | $2.5M | $12.8M | −$10.2M |
| Mar 2026 | $4.2M | $10.8M | −$6.7M |
| Feb 2026 | $3.2M | $14.4M | −$11.2M |
| Jan 2026 | $123.7M | $13.4M | $110.3M |
| Dec 2025 | $67.6M | $23.0M | $44.6M |
| Nov 2025 | $29.1M | $12.5M | $16.6M |
| Oct 2025 | $1.6M | $13.3M | −$11.7M |
| Sep 2025 | $2.2M | $29.5M | −$27.3M |
| Aug 2025 | $3.6M | $179.3M | −$175.7M |
| Jul 2025 | $3.2M | $47.3M | −$44.0M |
| Jun 2025 | $6.8M | $16.4M | −$9.6M |
ERBAX Assets Under Management
Net assets of Eaton Vance Equity Strategy Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $580.23M |
| 2026-02-28 | $576.26M |
| 2025-11-30 | $477.81M |
| 2025-08-31 | $471.57M |
| 2025-05-31 | $657.91M |
| 2025-02-28 | $681.30M |
| 2024-11-30 | $726.32M |
| 2024-08-31 | $721.72M |
| 2024-05-31 | $702.61M |
| 2024-02-29 | $706.15M |
| 2023-11-30 | $701.68M |
| 2023-08-31 | $726.96M |
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.