EIAMX Alternatives & Similar Mutual Funds

Eaton Vance Multi-Asset Credit Fund (EIAMX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with EIAMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to EIAMX

EIAMX charges 0.71% annually. There are 58 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
FHYSX	Federated Hermes High-Yield Strategy Portfolio	0.02%	—	Dec 2008	EIAMX vs FHYSX
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	0.12%	25.80B	Nov 2001	EIAMX vs VWEAX
PIAMX	PIA High Yield (MACS) Fund	0.20%	—	Dec 2017	EIAMX vs PIAMX
VWEHX	Vanguard High-Yield Corporate Fund Investor Shares	0.22%	25.80B	Dec 1978	EIAMX vs VWEHX
CRDOX	Six Circles Credit Opportunities Fund	0.29%	—	Nov 2020	EIAMX vs CRDOX

Best Risk-Adjusted Alternatives to EIAMX

EIAMX has a PortfoliosLab risk / return rank of 87. There are 45 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
XILSX	Pioneer ILS Interval Fund	100	—	Dec 2014	EIAMX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund	100	—	Mar 2019	EIAMX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	100	—	Sep 2010	EIAMX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	96	—	Jul 2014	EIAMX vs CWFIX
PSHNX	Penn Capital Short Duration High Income Fund	96	—	Jul 2017	EIAMX vs PSHNX

Top Performing EIAMX Alternatives (YTD)

EIAMX is at 1.46% YTD. There are 99 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.81%.

Symbol	Name	YTD Return	AUM	Inception
FAGIX	Fidelity Capital & Income Fund	8.81%	—	Nov 1977	EIAMX vs FAGIX
XILSX	Pioneer ILS Interval Fund	8.39%	—	Dec 2014	EIAMX vs XILSX
FIQTX	Fidelity Advisor High Income Advantage Fund Class ...	7.99%	—	Oct 2018	EIAMX vs FIQTX
FAHCX	Fidelity Advisor High Income Advantage Fund Class ...	7.94%	—	Jul 1995	EIAMX vs FAHCX
FAHYX	Fidelity Advisor High Income Advantage Fund Class ...	7.76%	—	Jan 1987	EIAMX vs FAHYX

Lowest Volatility Alternatives to EIAMX

EIAMX has 2.43% 1-year volatility. There are 16 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.

Symbol	Name	Volatility 1Y	AUM	Inception
CCLFX	Cliffwater Corporate Lending Fund	0.88%	—	Mar 2019	EIAMX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	0.88%	—	Sep 2010	EIAMX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	1.51%	—	Jul 2014	EIAMX vs CWFIX
SCFIX	Shenkman Capital Short Duration High Income Fund	1.64%	—	Oct 2012	EIAMX vs SCFIX
OSTIX	Osterweis Strategic Income Fund	1.70%	—	Aug 2002	EIAMX vs OSTIX

Lowest Drawdown Alternatives to EIAMX

EIAMX has a 1-year max drawdown of -1.52%. There are 18 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
RPHIX	RiverPark Short Term High Yield Fund	-0.10%	—	Sep 2010	EIAMX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	-0.19%	—	Mar 2019	EIAMX vs CCLFX
XILSX	Pioneer ILS Interval Fund	-0.21%	—	Dec 2014	EIAMX vs XILSX
MDHVX	MainStay MacKay Short Duration High Yield Fund	-1.06%	—	Dec 2012	EIAMX vs MDHVX
SCFIX	Shenkman Capital Short Duration High Income Fund	-1.11%	—	Oct 2012	EIAMX vs SCFIX

Other Mutual Funds from Eaton Vance

The 10 most viewed Eaton Vance mutual funds shown here include ETG, EGRIX, EXG and span 10 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ETG	Eaton Vance Tax Advantaged Global Dividend Income ...	Global Equities	23	1.63%	—	Jan 2004	EIAMX vs ETG
EGRIX	Eaton Vance Global Macro Absolute Return Advantage...	Nontraditional Bonds	98	7.87%	—	Aug 2010	EIAMX vs EGRIX
EXG	Eaton Vance Tax-Managed Global Diversified Equity ...	Dividend, Global Equity Income	30	3.51%	—	Feb 2007	EIAMX vs EXG
ETY	Eaton Vance Tax Managed Diversified Equity Income ...	Large Cap Growth Equities	4	-2.80%	—	Nov 2006	EIAMX vs ETY
EIMAX	Eaton Vance Massachusetts Municipal Income Fund	Municipal Bonds	70	1.63%	—	Jun 1993	EIAMX vs EIMAX
ESIIX	Eaton Vance Strategic Income Fund Class I	Multisector Bonds	92	2.33%	—	Apr 2009	EIAMX vs ESIIX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	Emerging Markets Bonds	98	7.65%	—	Feb 2013	EIAMX vs EELDX
EIRAX	Eaton Vance Richard Bernstein All Asset Strategy F...	Tactical Allocation	51	7.75%	—	Sep 2011	EIAMX vs EIRAX
EHSTX	Eaton Vance Large-Cap Value Fund	Large Cap Value Equities	63	13.72%	—	Sep 1931	EIAMX vs EHSTX
EIGMX	Eaton Vance Global Macro Absolute Return Fund	Nontraditional Bonds	99	4.96%	—	Jun 2007	EIAMX vs EIGMX

Often Compared With EIAMX

Investors most often compare EIAMX with E, EIFVX, CPMPX. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
E	Eni S.p.A.		91	31.38%	—	—	EIAMX vs E
EIFVX	Eaton Vance Focused Value Opportunities Fund	Large Cap Value Equities	74	16.51%	—	Mar 2011	EIAMX vs EIFVX
CPMPX	Changing Parameters Fund	High Yield Bonds	84	0.85%	—	Oct 2006	EIAMX vs CPMPX
EBABX	Eaton Vance Total Return Bond Fund Class A	Intermediate Core-Plus Bond	25	0.12%	—	Nov 2009	EIAMX vs EBABX
EISMX	Eaton Vance Atlanta Capital SMID-Cap Fund	Mid Cap Growth Equities	1	-3.93%	—	Apr 2002	EIAMX vs EISMX
ETJ	Eaton Vance Risk-Managed Diversified Equity Income...	Global Equity Income	5	-2.44%	—	Jul 2007	EIAMX vs ETJ
BCI	abrdn Bloomberg All Commodity Strategy K-1 Free ET...	Commodities	39	15.26%	2.34B	Mar 2017	EIAMX vs BCI
EAPCX	Parametric Commodity Strategy Fund Class A	Commodities	54	15.27%	—	May 2011	EIAMX vs EAPCX
EIHMX	Eaton Vance National Municipal Income Fund Class I	Municipal Bonds	74	2.34%	—	Dec 1993	EIAMX vs EIHMX
EAERX	Eaton Vance Stock Fund	Large Cap Blend Equities	24	4.89%	—	Nov 2001	EIAMX vs EAERX
EACAX	Eaton Vance California Municipal Opportunities Fun...	Municipal Bonds	72	1.96%	—	May 1994	EIAMX vs EACAX
EEIAX	Eaton Vance Emerging Markets Local Income Fund	Emerging Markets Bonds	60	4.30%	—	Jun 2007	EIAMX vs EEIAX
ECHIX	Eaton Vance High Income Opportunities Fund	High Yield Bonds	47	0.84%	—	Jun 1994	EIAMX vs ECHIX
ETSIX	Eaton Vance Strategic Income Fund Class I	Multisector Bonds	89	2.19%	—	Jan 1998	EIAMX vs ETSIX
EIFGX	Eaton Vance Focused Growth Opportunities Fund	Large Cap Growth Equities	18	4.12%	—	Mar 2011	EIAMX vs EIFGX
EIGIX	Eaton Vance Core Bond Fund	Intermediate Core-Plus Bond	16	-0.10%	—	Mar 2007	EIAMX vs EIGIX
EEIIX	Eaton Vance Emerging Markets Local Income Fund Cla...	Emerging Markets Bonds	63	4.44%	—	Nov 2009	EIAMX vs EEIIX
EAEMX	Parametric Emerging Markets Fund	Emerging Markets Diversified	74	11.85%	—	Jun 2006	EIAMX vs EAEMX
EIDOX	Eaton Vance Emerging Markets Debt Opportunities Fu...	Emerging Markets Bonds	98	7.74%	—	Sep 2015	EIAMX vs EIDOX
EOS	Eaton Vance Enhanced Equity Income Fund II	Derivative Income	3	-4.37%	—	Jan 2005	EIAMX vs EOS

Compare EIAMX with Any Fund or Stock

Compare EIAMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair EIAMX with funds that move differently

Eaton Vance Multi-Asset Credit Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EIAMX.

Explore EIAMX Diversifiers

Eaton Vance Multi-Asset Credit Fund (EIAMX) Alternatives