Eaton Vance Short Duration Government Income Fund (EALDX)
The investment seeks total return. Under normal circumstances, the fund invests at least 90% of its net assets (plus any borrowings for investment purposes) in any securities issued, backed or otherwise guaranteed by the U.S. government or its agencies or instrumentalities. It may invest up to 10% of its net assets in other income securities, including, but not limited to, non-agency MBS and asset-backed securities, corporate bonds, loans and money market securities.
Fund Info
US2779111606
277911160
Sep 30, 2002
$1,000
Expense Ratio
EALDX has an expense ratio of 0.77%, placing it in the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Eaton Vance Short Duration Government Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Eaton Vance Short Duration Government Income Fund (EALDX) returned 2.79% year-to-date (YTD) and 6.84% over the past 12 months. Over the past 10 years, EALDX returned 1.59% annually, underperforming the S&P 500 benchmark at 10.31%.
EALDX
2.79%
-0.27%
3.80%
6.84%
1.44%
1.59%
^GSPC (Benchmark)
-4.26%
11.24%
-5.02%
8.55%
14.02%
10.31%
Monthly Returns
The table below presents the monthly returns of EALDX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.89% | 1.54% | 0.61% | 0.14% | -0.41% | 2.79% | |||||||
| 2024 | 0.51% | -1.02% | 0.79% | -1.16% | 1.51% | 0.92% | 1.48% | 0.78% | 0.77% | -1.42% | 0.77% | 0.07% | 4.03% |
| 2023 | 0.67% | -0.17% | 0.83% | -0.25% | 0.03% | -0.12% | 0.43% | 0.30% | -1.31% | -0.60% | 2.46% | 1.10% | 3.37% |
| 2022 | -0.13% | -0.39% | -0.10% | 0.41% | -0.23% | -0.22% | -0.22% | 0.12% | -1.91% | 0.07% | 0.62% | -1.30% | -3.25% |
| 2021 | 0.25% | -0.01% | 0.12% | 0.12% | -0.25% | -0.25% | -0.25% | -0.00% | 0.38% | -0.37% | -0.38% | 0.13% | -0.51% |
| 2020 | 0.11% | 0.71% | 0.21% | 0.57% | 0.18% | 0.16% | 0.16% | 0.15% | 0.00% | 0.01% | 0.00% | 0.25% | 2.54% |
| 2019 | 0.26% | 0.23% | 0.14% | 0.49% | 0.01% | 0.00% | 0.26% | 0.01% | 0.12% | 0.01% | 0.11% | 0.11% | 1.77% |
| 2018 | 0.07% | 0.41% | 0.20% | 0.32% | -0.04% | 0.09% | 0.22% | 0.10% | 0.11% | 0.23% | 0.38% | -0.11% | 1.99% |
| 2017 | 0.07% | 0.17% | 0.19% | 0.19% | 0.33% | 0.07% | 0.18% | -0.05% | 0.18% | 0.07% | -0.06% | 0.19% | 1.56% |
| 2016 | -0.51% | -0.27% | 0.33% | 0.33% | 0.31% | -0.41% | 0.29% | 0.17% | 0.17% | 0.28% | 0.27% | 0.27% | 1.22% |
| 2015 | -0.44% | 0.64% | 0.28% | 0.29% | 0.05% | 0.38% | -0.08% | 0.14% | -0.34% | 0.20% | 0.08% | -0.04% | 1.17% |
| 2014 | 0.28% | 0.36% | 0.16% | 0.38% | 0.28% | 0.15% | 0.05% | 0.26% | 0.04% | 0.48% | 0.14% | -0.10% | 2.51% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 94, EALDX is among the top 6% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Eaton Vance Short Duration Government Income Fund (EALDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Eaton Vance Short Duration Government Income Fund provided a 5.32% dividend yield over the last twelve months, with an annual payout of $0.39 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.39 | $0.43 | $0.41 | $0.20 | $0.12 | $0.16 | $0.24 | $0.21 | $0.19 | $0.18 | $0.26 | $0.27 |
Dividend yield | 5.32% | 6.02% | 5.62% | 2.69% | 1.50% | 2.01% | 2.97% | 2.61% | 2.29% | 2.17% | 3.08% | 3.19% |
Monthly Dividends
The table displays the monthly dividend distributions for Eaton Vance Short Duration Government Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.03 | $0.03 | $0.00 | $0.00 | $0.10 | |||||||
| 2024 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.43 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.06 | $0.41 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.20 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.12 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.16 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
| 2018 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2017 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.18 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Eaton Vance Short Duration Government Income 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 Short Duration Government Income Fund was 5.69%, occurring on Oct 19, 2023. Recovery took 156 trading sessions.
The current Eaton Vance Short Duration Government Income Fund drawdown is 0.55%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -5.69% | May 10, 2021 | 617 | Oct 19, 2023 | 156 | Jun 4, 2024 | 773 |
| -3.52% | Sep 16, 2008 | 33 | Oct 30, 2008 | 81 | Feb 27, 2009 | 114 |
| -2.61% | Dec 7, 2012 | 177 | Aug 21, 2013 | 194 | May 30, 2014 | 371 |
| -2.04% | Oct 3, 2024 | 20 | Oct 30, 2024 | 62 | Jan 31, 2025 | 82 |
| -1.69% | Jun 9, 2003 | 57 | Aug 28, 2003 | 284 | Oct 14, 2004 | 341 |
Volatility
Volatility Chart
The current Eaton Vance Short Duration Government Income Fund volatility is 0.72%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.