- ISIN
- US27827V1052
- Issuer
- Eaton Vance
- Inception Date
- Feb 3, 2013
- Category
- Emerging Markets Bonds
- Min. Investment
- $5,000,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
EELDX Performance Chart
Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) is up 7.5% since the beginning of the year. EELDX is currently trading at $9 per share. Investors who bought $1,000 worth of EELDX shares 5 years ago would now be looking at an investment worth $1,494.
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Returns By Period
Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) has returned 7.53% so far this year and 19.21% over the past 12 months. Over the last ten years, EELDX has returned 8.01% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Eaton Vance Emerging Markets Debt Opportunities Fund
- 1D
- -0.12%
- 1M
- 1.37%
- YTD
- 7.53%
- 6M
- 8.52%
- 1Y
- 19.21%
- 3Y*
- 14.78%
- 5Y*
- 8.36%
- 10Y*
- 8.01%
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%
EELDX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2014, EELDX's average daily return is +0.03%, while the average monthly return is +0.56%. At this rate, an investment would double in approximately 10.3 years.
Historically, 67% of months were positive and 33% were negative. The best month was May 2020 with a return of +6.9%, while the worst month was Mar 2020 at -13.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 7 months.
On a daily basis, EELDX closed higher 47% of trading days. The best single day was Jun 8, 2020 with a return of +1.6%, while the worst single day was Feb 24, 2022 at -3.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.13% | 1.49% | -3.07% | 3.95% | 0.90% | 1.05% | 7.53% | ||||||
| 2025 | 2.15% | 0.95% | -1.11% | -0.67% | 2.49% | 1.70% | 1.31% | 1.30% | 1.54% | 1.89% | 1.15% | 2.12% | 15.80% |
| 2024 | 1.29% | 2.47% | 2.43% | 0.08% | 1.76% | -0.04% | 1.11% | 1.11% | 1.62% | 0.09% | 1.10% | 0.97% | 14.87% |
| 2023 | 2.93% | -0.84% | 0.09% | 0.23% | 0.90% | 3.09% | 1.55% | -0.97% | -0.45% | -0.32% | 2.57% | 2.25% | 11.46% |
| 2022 | -1.32% | -5.14% | -0.42% | -0.81% | -0.82% | -4.91% | -1.01% | 3.06% | -3.24% | 0.67% | 5.59% | 2.57% | -6.14% |
| 2021 | 0.29% | -0.04% | -1.58% | 1.77% | 1.41% | -0.04% | -0.71% | 1.54% | -0.71% | -0.61% | -1.31% | 1.60% | 1.55% |
Benchmark Metrics
Eaton Vance Emerging Markets Debt Opportunities Fund has an annualized alpha of 5.25%, beta of 0.12, and R2 of 0.18 versus S&P 500 Index. Calculated based on daily prices since January 02, 2014.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (32.87%) than losses (25.60%) - typical of diversified or defensive assets.
- Beta of 0.12 may look defensive, but with R2 of 0.18 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.18 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 5.25%
- Beta
- 0.12
- R²
- 0.18
- Upside Capture
- 32.87%
- Downside Capture
- 25.60%
Expense Ratio
EELDX has an expense ratio of 0.78%, placing it in the medium range.
Return for Risk
Risk / Return Rank
EELDX ranks 98 for risk / return — in the top 98% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) 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.
| EELDX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.47 | ||
| Sortino ratioReturn per unit of downside risk | +5.76 | ||
| Omega ratioGain probability vs. loss probability | 2.44 | 1.37 | +1.07 |
| Calmar ratioReturn relative to maximum drawdown | 5.25 | 2.78 | +2.46 |
| Martin ratioReturn relative to average drawdown | 21.36 | 12.44 | +8.92 |
Dividends
Dividend History
Eaton Vance Emerging Markets Debt Opportunities Fund provided a 10.69% dividend yield over the last twelve months, with an annual payout of $0.92 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.92 | $0.79 | $0.68 | $0.68 | $0.68 | $0.68 | $0.71 | $0.73 | $0.69 | $0.75 | $0.38 | $0.14 |
Dividend yield | 10.69% | 9.44% | 8.58% | 9.02% | 9.17% | 7.87% | 7.71% | 7.86% | 8.16% | 7.90% | 4.12% | 1.65% |
Monthly Dividends
The table displays the monthly dividend distributions for Eaton Vance Emerging Markets Debt Opportunities 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 | $0.08 | $0.06 | $0.06 | $0.06 | $0.06 | $0.00 | $0.31 | ||||||
| 2025 | $0.00 | $0.06 | $0.00 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.28 | $0.79 |
| 2024 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.68 |
| 2023 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.68 |
| 2022 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.68 |
| 2021 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.68 |
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 Emerging Markets Debt Opportunities 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 Emerging Markets Debt Opportunities Fund was 19.12%, occurring on Mar 23, 2020. Recovery took 159 trading sessions.
The current Eaton Vance Emerging Markets Debt Opportunities Fund drawdown is 0.23%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -19.12%Mar 2020 | 1mo 2d | 7mo 17d | 8mo 19dFeb 2020 - Nov 2020 |
Bear market2022 | -17.35%Jul 2022 | 10mo 10d | 1y 17d | 1y 10moSep 2021 - Jul 2023 |
2016 correction2016 | -12.96%Jan 2016 | 1y 5mo | 6mo 18d | 2y 12dJul 2014 - Aug 2016 |
Rate-hike selloffLate 2018 | -7.50%Sep 2018 | 4mo 28d | 9mo 10d | 1y 2moApr 2018 - Jun 2019 |
2025 selloff2025 | -3.98%Apr 2025 | 1mo 12d | 1mo 3d | 2mo 15dFeb 2025 - May 2025 |
Drawdown Indicators
| EELDX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.12% | -56.78% | +37.66% |
Max Drawdown (1Y)Largest decline over 1 year | -3.68% | -9.10% | +5.42% |
Max Drawdown (3Y)Largest decline over 3 years | -3.98% | -18.90% | +14.92% |
Max Drawdown (5Y)Largest decline over 5 years | -17.35% | -25.43% | +8.08% |
Max Drawdown (10Y)Largest decline over 10 years | -19.12% | -33.92% | +14.80% |
Current DrawdownCurrent decline from peak | -0.23% | -1.80% | +1.57% |
Average DrawdownAverage peak-to-trough decline | -2.89% | -10.71% | +7.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | 2.03% | -1.13% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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