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CUSIP
27827V402
Inception Date
Sep 3, 2015
Min. Investment
$1,000,000
Index Tracked
J.P. Morgan EMB (JEMB) Hard Currency / Local Currency 50-50 Index
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

EIDOX Performance Chart

Eaton Vance Emerging Markets Debt Opportunities Fund Class I (EIDOX) is up 7.6% since the beginning of the year. EIDOX is currently trading at $9 per share. Investors who bought $1,000 worth of EIDOX shares 5 years ago would now be looking at an investment worth $1,488.


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S&P 500 Index

Returns By Period

Eaton Vance Emerging Markets Debt Opportunities Fund Class I (EIDOX) has returned 7.62% so far this year and 19.26% over the past 12 months. Over the last ten years, EIDOX has returned 7.94% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


Eaton Vance Emerging Markets Debt Opportunities Fund Class I

1D
0.00%
1M
1.48%
YTD
7.62%
6M
8.60%
1Y
19.26%
3Y*
14.70%
5Y*
8.28%
10Y*
7.94%

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EIDOX Monthly Returns History

Based on dividend-adjusted daily data since Jan 4, 2016, EIDOX's average daily return is +0.03%, while the average monthly return is +0.70%. At this rate, an investment would double in approximately 8.3 years.

Historically, 70% of months were positive and 30% 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, EIDOX 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 -3.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.24%1.48%-3.07%3.94%0.78%1.17%7.62%
20252.02%1.07%-1.11%-0.67%2.35%1.70%1.43%1.30%1.41%2.00%1.03%2.11%15.59%
20241.28%2.46%2.42%0.08%1.75%-0.05%1.11%1.10%1.61%0.08%1.10%0.96%14.78%
20232.92%-0.84%0.09%0.22%0.90%3.08%1.55%-0.97%-0.32%-0.45%2.56%2.24%11.40%
2022-1.31%-5.12%-0.55%-0.81%-0.82%-4.90%-1.01%3.05%-3.23%0.67%5.57%2.56%-6.25%
20210.29%-0.05%-1.58%1.76%1.41%-0.04%-0.82%1.65%-0.71%-0.61%-1.30%1.59%1.52%

Benchmark Metrics

Eaton Vance Emerging Markets Debt Opportunities Fund Class I has an annualized alpha of 6.86%, beta of 0.11, and R2 of 0.17 versus S&P 500 Index. Calculated based on daily prices since January 04, 2016.

  • This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (33.31%) than losses (19.15%) - typical of diversified or defensive assets.
  • Beta of 0.11 may look defensive, but with R2 of 0.17 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 0.17 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
6.86%
Beta
0.11
0.17
Upside Capture
33.31%
Downside Capture
19.15%

Expense Ratio

EIDOX has an expense ratio of 0.79%, placing it in the medium range.


Return for Risk

Risk / Return Rank

EIDOX 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.


EIDOX Risk / Return Rank: 9898
Overall Rank
EIDOX Sharpe Ratio Rank: 100100
Sharpe Ratio Rank
EIDOX Sortino Ratio Rank: 9999
Sortino Ratio Rank
EIDOX Omega Ratio Rank: 9999
Omega Ratio Rank
EIDOX Calmar Ratio Rank: 9595
Calmar Ratio Rank
EIDOX Martin Ratio Rank: 9696
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Eaton Vance Emerging Markets Debt Opportunities Fund Class I (EIDOX) 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.


EIDOXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+3.61

Sortino ratioReturn per unit of downside risk

+6.00

Omega ratioGain probability vs. loss probability

2.53

1.37

+1.16

Calmar ratioReturn relative to maximum drawdown

5.43

2.78

+2.65

Martin ratioReturn relative to average drawdown

22.01

12.44

+9.57

Dividends

Dividend History

Eaton Vance Emerging Markets Debt Opportunities Fund Class I provided a 10.63% dividend yield over the last twelve months, with an annual payout of $0.92 per share. The fund has been increasing its distributions for 2 consecutive years.


4.00%5.00%6.00%7.00%8.00%9.00%$0.00$0.20$0.40$0.60$0.802016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022202120202019201820172016
Dividend$0.92$0.78$0.68$0.68$0.68$0.68$0.70$0.72$0.69$0.75$0.38

Dividend yield

10.63%9.41%8.52%8.97%9.13%7.82%7.66%7.81%8.10%7.85%4.10%

Monthly Dividends

The table displays the monthly dividend distributions for Eaton Vance Emerging Markets Debt Opportunities Fund Class I. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.08$0.06$0.06$0.06$0.06$0.00$0.30
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$0.78
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 Class I. 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 Class I was 19.06%, occurring on Mar 23, 2020. Recovery took 159 trading sessions.

The current Eaton Vance Emerging Markets Debt Opportunities Fund Class I drawdown is 0.23%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-19.06%Mar 2020
1mo 2d7mo 17d
8mo 19dFeb 2020 - Nov 2020
Bear market2022
-17.42%Jul 2022
10mo 10d1y 4mo
2y 2moSep 2021 - Nov 2023
Rate-hike selloffLate 2018
-7.48%Sep 2018
4mo 28d9mo 11d
1y 2moApr 2018 - Jun 2019
2025 selloff2025
-3.97%Apr 2025
1mo 12d1mo 4d
2mo 16dFeb 2025 - May 2025
2016 pullback2016
-3.97%Jan 2016
14d1mo 11d
1mo 25dJan 2016 - Mar 2016

Drawdown Indicators


EIDOXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-19.06%

-56.78%

+37.72%

Max Drawdown (1Y)

Largest decline over 1 year

-3.56%

-9.10%

+5.54%

Max Drawdown (3Y)

Largest decline over 3 years

-3.97%

-18.90%

+14.93%

Max Drawdown (5Y)

Largest decline over 5 years

-17.42%

-25.43%

+8.01%

Max Drawdown (10Y)

Largest decline over 10 years

-19.06%

-33.92%

+14.86%

Current Drawdown

Current decline from peak

-0.23%

-1.80%

+1.57%

Average Drawdown

Average peak-to-trough decline

-2.46%

-10.71%

+8.25%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.88%

2.03%

-1.15%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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