Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX)
Under normal conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in (i) income instruments issued by emerging market entities or sovereign nations, and/or (ii) derivative instruments denominated in or based on the currencies, interest rates or issues of emerging market countries. Its short investment exposures to emerging markets will not exceed 20% of net assets and its short exposures to the euro will not exceed 30% of net assets (after netting corresponding long positions).
Fund Info
| ISIN | US27827V1052 |
|---|---|
| Issuer | Eaton Vance |
| Inception Date | Feb 3, 2013 |
| Category | Emerging Markets Bonds |
| Min. Investment | $5,000,000 |
| Asset Class | Bond |
Expense Ratio
EELDX has a high expense ratio of 0.78%, indicating higher-than-average management fees.
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 Emerging Markets Debt Opportunities 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 Emerging Markets Debt Opportunities Fund had a return of 8.73% year-to-date (YTD) and 18.06% in the last 12 months. Over the past 10 years, Eaton Vance Emerging Markets Debt Opportunities Fund had an annualized return of 4.96%, while the S&P 500 had an annualized return of 10.84%, indicating that Eaton Vance Emerging Markets Debt Opportunities Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.73% | 11.29% |
| 1 month | 2.54% | 6.86% |
| 6 months | 11.73% | 16.73% |
| 1 year | 18.06% | 26.63% |
| 5 years (annualized) | 6.76% | 13.23% |
| 10 years (annualized) | 4.96% | 10.84% |
Monthly Returns
The table below presents the monthly returns of EELDX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.29% | 2.47% | 2.43% | 0.09% | 8.73% | ||||||||
| 2023 | 2.93% | -0.84% | 0.09% | 0.23% | 0.91% | 3.09% | 1.55% | -0.97% | -0.45% | -0.32% | 2.57% | 2.25% | 11.47% |
| 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% | -0.05% | -1.59% | 1.77% | 1.41% | -0.04% | -0.71% | 1.55% | -0.71% | -0.61% | -1.30% | 1.60% | 1.55% |
| 2020 | 0.58% | -1.27% | -13.55% | 2.89% | 6.90% | 3.53% | 0.77% | 2.04% | -0.72% | 0.88% | 3.76% | 2.87% | 7.44% |
| 2019 | 3.81% | 0.71% | 0.02% | 0.37% | 0.60% | 3.04% | 1.85% | -0.85% | 1.50% | 1.27% | 1.48% | 2.70% | 17.70% |
| 2018 | 1.87% | -0.33% | 0.61% | -0.23% | -2.33% | -1.97% | 0.87% | -3.03% | 0.33% | -0.72% | 0.81% | -0.11% | -4.27% |
| 2017 | 0.85% | 1.50% | 1.06% | 1.27% | 0.84% | 1.15% | 1.04% | 1.78% | 1.24% | -0.23% | 0.92% | 0.88% | 13.01% |
| 2016 | -2.45% | 1.19% | 4.72% | 2.59% | -0.11% | 2.31% | 0.86% | 2.02% | 0.94% | 0.29% | -2.93% | 1.17% | 10.88% |
| 2015 | 0.66% | 0.76% | -1.41% | 2.64% | -0.64% | -0.97% | -1.20% | -2.76% | -2.84% | 2.45% | 0.68% | -1.10% | -3.82% |
| 2014 | -1.17% | 1.18% | 1.80% | 0.84% | 1.35% | 0.31% | 0.51% | 0.30% | -2.12% | 0.83% | -0.41% | -3.03% | 0.27% |
| 2013 | -0.10% | -0.10% | 1.20% | -2.57% | -2.44% | 0.10% | -2.29% | 2.13% | 1.98% | -0.72% | 0.60% | -2.31% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of EELDX is 97, placing it in the top 3% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
EELDX (Eaton Vance Emerging Markets Debt Opportunities Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Eaton Vance Emerging Markets Debt Opportunities Fund granted a 8.55% dividend yield in the last twelve months. The annual payout for that period amounted to $0.68 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.68 | $0.68 | $0.68 | $0.68 | $0.71 | $0.68 | $0.69 | $0.75 | $0.38 | $0.14 | $0.36 | $0.35 |
Dividend yield | 8.55% | 9.02% | 9.17% | 7.87% | 7.71% | 7.32% | 8.16% | 7.86% | 4.10% | 1.64% | 3.96% | 3.70% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.06 | $0.06 | $0.06 | $0.06 | $0.00 | $0.23 | |||||||
| 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 |
| 2020 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.71 |
| 2019 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.01 | $0.06 | $0.06 | $0.06 | $0.06 | $0.08 | $0.68 |
| 2018 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.05 | $0.69 |
| 2017 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.11 | $0.75 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.06 | $0.26 | $0.38 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2013 | $0.35 | $0.35 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 19.13%, occurring on Mar 23, 2020. Recovery took 159 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.13% | Feb 20, 2020 | 23 | Mar 23, 2020 | 159 | Nov 5, 2020 | 182 |
| -17.35% | Sep 7, 2021 | 215 | Jul 14, 2022 | 262 | Jul 31, 2023 | 477 |
| -12.98% | Jul 25, 2014 | 375 | Jan 20, 2016 | 138 | Aug 5, 2016 | 513 |
| -7.87% | May 9, 2013 | 81 | Sep 3, 2013 | 175 | May 14, 2014 | 256 |
| -7.5% | Apr 9, 2018 | 104 | Sep 4, 2018 | 192 | Jun 11, 2019 | 296 |
Volatility
Volatility Chart
The current Eaton Vance Emerging Markets Debt Opportunities Fund volatility is 1.40%, 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.