- ISIN
- US2779111945
- CUSIP
- 277911194
- Issuer
- BlackRock
- Inception Date
- Mar 3, 2002
- Category
- Diversified Portfolio
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
EAEAX Performance Chart
Eaton Vance Tax-Managed Equity Asset Allocation Fund (EAEAX) is up 9.4% since the beginning of the year. EAEAX is currently trading at $42 per share. Investors who bought $1,000 worth of EAEAX shares 5 years ago would now be looking at an investment worth $1,583.
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Returns By Period
Eaton Vance Tax-Managed Equity Asset Allocation Fund (EAEAX) has returned 9.42% so far this year and 21.97% over the past 12 months. Over the last ten years, EAEAX has returned 11.82% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Eaton Vance Tax-Managed Equity Asset Allocation Fund
- 1D
- 1.22%
- 1M
- 1.44%
- YTD
- 9.42%
- 6M
- 9.00%
- 1Y
- 21.97%
- 3Y*
- 16.20%
- 5Y*
- 9.62%
- 10Y*
- 11.82%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
EAEAX Monthly Returns History
Based on dividend-adjusted daily data since Mar 4, 2002, EAEAX's average daily return is +0.04%, while the average monthly return is +0.79%. At this rate, an investment would double in approximately 7.3 years.
Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +12.0%, while the worst month was Oct 2008 at -18.5%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 6 months.
On a daily basis, EAEAX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +10.9%, while the worst single day was Mar 16, 2020 at -12.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.38% | -0.73% | -5.60% | 9.85% | 3.64% | 0.19% | 9.42% | ||||||
| 2025 | 3.78% | -1.69% | -5.29% | -1.58% | 5.24% | 4.14% | 1.17% | 2.03% | 1.71% | 1.55% | 0.63% | 0.21% | 12.06% |
| 2024 | 0.88% | 4.81% | 3.14% | -3.85% | 4.29% | 2.26% | 1.51% | 2.35% | 1.32% | -1.36% | 5.67% | -3.84% | 17.99% |
| 2023 | 6.69% | -2.38% | 1.50% | 1.85% | -1.34% | 5.63% | 3.31% | -1.89% | -4.64% | -2.63% | 8.70% | 5.15% | 20.69% |
| 2022 | -5.68% | -2.26% | 1.69% | -8.16% | -0.26% | -7.25% | 8.29% | -4.20% | -8.49% | 7.77% | 5.69% | -5.01% | -18.19% |
| 2021 | -1.31% | 3.61% | 2.93% | 4.74% | 0.41% | 1.76% | 1.73% | 2.68% | -4.56% | 5.84% | -2.18% | 4.28% | 21.24% |
Benchmark Metrics
Eaton Vance Tax-Managed Equity Asset Allocation Fund has an annualized alpha of 0.94%, beta of 0.94, and R2 of 0.95 versus S&P 500 Index. Calculated based on daily prices since March 04, 2002.
- With beta of 0.94 and R2 of 0.95, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.94%
- Beta
- 0.94
- R²
- 0.95
- Upside Capture
- 99.39%
- Downside Capture
- 96.88%
Expense Ratio
EAEAX has a high expense ratio of 1.25%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
EAEAX ranks 46 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Eaton Vance Tax-Managed Equity Asset Allocation Fund (EAEAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EAEAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.37 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.32 | 2.78 | -0.47 |
| Martin ratioReturn relative to average drawdown | 10.48 | 12.44 | -1.96 |
Dividends
Dividend History
Eaton Vance Tax-Managed Equity Asset Allocation Fund provided a 3.92% dividend yield over the last twelve months, with an annual payout of $1.66 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.66 | $1.66 | $0.29 | $0.16 | $0.20 | $0.81 | $0.15 | $0.43 | $0.39 | $0.63 | $0.19 | $1.04 |
Dividend yield | 3.92% | 4.29% | 0.80% | 0.53% | 0.79% | 2.58% | 0.57% | 1.87% | 2.12% | 3.13% | 1.10% | 6.32% |
Monthly Dividends
The table displays the monthly dividend distributions for Eaton Vance Tax-Managed Equity Asset Allocation Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.66 | $1.66 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.81 | $0.81 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Eaton Vance Tax-Managed Equity Asset Allocation Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Eaton Vance Tax-Managed Equity Asset Allocation Fund was 53.71%, occurring on Mar 9, 2009. Recovery took 977 trading sessions.
The current Eaton Vance Tax-Managed Equity Asset Allocation Fund drawdown is 0.35%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -53.71%Mar 2009 | 1y 2mo | 3y 10mo | 5y 1moDec 2007 - Jan 2013 |
COVID crash2020 | -34.74%Mar 2020 | 1mo 2d | 5mo 6d | 6mo 8dFeb 2020 - Aug 2020 |
Dot-com crash2000–2002 | -31.40%Oct 2002 | 6mo 23d | 1y 2mo | 1y 9moMar 2002 - Jan 2004 |
Bear market2022 | -24.72%Sep 2022 | 8mo 28d | 1y 3mo | 2y 20dJan 2022 - Jan 2024 |
Rate-hike selloffLate 2018 | -19.03%Dec 2018 | 3mo 4d | 4mo | 7mo 4dSep 2018 - Apr 2019 |
Drawdown Indicators
| EAEAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.71% | -56.78% | +3.07% |
Max Drawdown (1Y)Largest decline over 1 year | -9.37% | -9.10% | -0.27% |
Max Drawdown (3Y)Largest decline over 3 years | -17.69% | -18.90% | +1.21% |
Max Drawdown (5Y)Largest decline over 5 years | -24.72% | -25.43% | +0.71% |
Max Drawdown (10Y)Largest decline over 10 years | -34.74% | -33.92% | -0.82% |
Current DrawdownCurrent decline from peak | -0.35% | -1.80% | +1.45% |
Average DrawdownAverage peak-to-trough decline | -7.81% | -10.71% | +2.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 2.03% | +0.04% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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