ESVIX — Eaton Vance Global Small-Cap Equity Fund

Data updated: 2023-09-29

ESVIX — Eaton Vance Global Small-Cap Equity Fund. Emerging Markets Real Estate · $29.18M AUM. Holdings, fees, performance and SEC filings.

ESVIX Fund Overview

ESVIX — Eaton Vance Global Small-Cap Equity Fund is a US mutual fund managed by Eaton Vance Mutual Funds Trust, categorised as Emerging Markets Real Estate. 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: Emerging Markets Real Estate
Assets under management: $29.18M
1-year return: 8.0%
Ticker: ESVIX
SEC CIK: 0000745463
SEC series ID: S000005284
Share class ID: C000081634

ESVIX Investment Objective and Strategy

Eaton Vance Global Small-Cap Equity 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 to seek long-term total return.

Principal investment strategy

Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of small-cap companies (the 80% Policy). The portfolio managers generally consider small-cap companies to be those companies with market capitalizations within the range of companies included in the MSCI World Small Cap Index. The market capitalization range for the MSCI World Small Cap Index was $3,904 to $10.8 billion as of December 31, 2017. Under normal market conditions, the Fund will invest (i) at least 30% of its net assets in companies located outside of the United States, which may include emerging market countries; and (ii) in issuers located in at least five different countries (including the United States) . A company will be considered to be located outside the United States if it is domiciled in or derives more than 50% of its revenues or profits from non-U.S.

countries and may include securities trading in the form of depositary receipts. The Fund may invest in exchange-traded funds (ETFs), a type of pooled investment vehicle, in order to manage cash positions or seek exposure to certain markets or market sectors. The Fund may also invest in publicly traded real estate investment trusts (REITs). The Fund may engage in derivative transactions to seek return, to hedge against fluctuations in securities prices or currency exchange rates or as a substitute for the purchase or sale of securities. The Fund expects to use derivatives principally to attempt to manage cash positions through the use of futures contracts. Permitted derivatives include: the purchase or sale of forward or futures contracts; options on futures contracts; exchange-traded and over-the-counter options; equity collars and equity swap agreements.

There is no stated limit on the Funds use of derivatives. In managing the Fund, the portfolio managers seek to exploit inefficiencies in the small-cap market through fundamental bottom-up research conducted by the investment adviser and sub-advisers research staff. The portfolio managers look for companies that, in their opinion, are high in quality or improving in quality. The portfolio managers take a long-term perspective when selecting companies and the quality focus typically leads them to companies benefitting from structural growth or structural change. Sought after company characteristics may include: a business model with identifiable competitive advantage(s)/barrier(s) to entry, a scalable market opportunity, a solid balance sheet, and a strong management team with a history of good capital allocation.

Such companies typically exhibit high or improving returns on capital, strong free-cash-flow generation, and positive or inflecting earnings. The portfolio managers also employ a disciplined valuation framework in pursuit of attractive risk adjusted returns. The portfolio managers seek to manage investment risk by maintaining broad issuer and industry diversification among the Funds holdings, and by utilizing fundamental analysis of risk/return characteristics in securities selection. Securities may be sold if, in the opinion of the portfolio managers, the price moves above a fair level of valuation, the companys fundamentals deteriorate, or to pursue more attractive investment opportunities.

ESVIX Performance

Total returns for ESVIX (as of 2026-10-01), from SEC filings.

Period	Total return
1 year	8.0%
3 years (annualised)	8.1%

ESVIX Risk Information

Risk metrics for ESVIX, derived from monthly returns in SEC filings.

1-year volatility (annualised): 20.1%

ESVIX Costs and Fees

ESVIX costs about $110 per $10,000 invested per year in fund expenses.

Net expense ratio: 1.10%
Gross expense ratio: 1.58%
Portfolio turnover: 45%
Brokerage commissions: 4.24 bps of average net assets (SEC N-CEN)

ESVIX Cashflows

Over the 12 months to 2023-07, Eaton Vance Global Small-Cap Equity Fund had net outflows of $70.64K, from monthly SEC N-PORT filings.

Month	Net flow
2023-07	$855.45K
2023-06	$573.83K
2023-05	$619.32K
2023-04	−$52.87K
2023-03	−$221.89K
2023-02	$48.37K

ESVIX Debt Constituents

No individual debt constituents are reported in Eaton Vance Global Small-Cap Equity Fund's latest SEC N-PORT filing.

ESVIX Prospectus and SEC Filings

Official Eaton Vance Global Small-Cap Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Emerging Markets Real Estate 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.