Eaton Vance Global Macro Absolute Return Fund (EIGMX) Alternatives
Eaton Vance Global Macro Absolute Return Fund (EIGMX) belongs to the Nontraditional Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with EIGMX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to EIGMX
EIGMX charges 0.76% annually. Among mutual funds in the Nontraditional Bonds category, these options have the lowest expense ratios among EIGMX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| GMO Opportunistic Income Fund | 0.47% | Oct 2, 2011 | EIGMX vs GMODX | |
| Putnam Mortgage Opportunities Fund | 0.47% | Apr 6, 2015 | EIGMX vs PMOTX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | Sep 28, 2011 | EIGMX vs SUBFX | |
| FPA Flexible Fixed Income Fund | 0.51% | Dec 30, 2018 | EIGMX vs FPFIX | |
| PIMCO Strategic Bond Fund | 0.51% | Jan 29, 2009 | EIGMX vs PUTIX |
Best Risk-Adjusted Alternatives to EIGMX
Among mutual funds in the Nontraditional Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 100 | Jan 27, 2023 | EIGMX vs CBYYX | |
| Artisan Global Unconstrained Fund | 99 | Mar 30, 2022 | EIGMX vs APFPX | |
| PGIM Securitized Credit Fund | 99 | Jun 30, 2019 | EIGMX vs SCFZX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 99 | Aug 30, 2010 | EIGMX vs EGRIX | |
| GMO Opportunistic Income Fund | 98 | Oct 2, 2011 | EIGMX vs GMODX |
Top Performing EIGMX Alternatives (YTD)
EIGMX alternatives from the Nontraditional Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Artisan Global Unconstrained Fund | 3.93% | Mar 30, 2022 | EIGMX vs APFPX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 3.42% | Aug 30, 2010 | EIGMX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 2.63% | Apr 6, 2015 | EIGMX vs PMOTX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.27% | Jan 27, 2023 | EIGMX vs CBYYX | |
| Columbia Mortgage Opportunities Fund | 0.86% | Apr 29, 2014 | EIGMX vs CLMVX |
Lowest Volatility Alternatives to EIGMX
EIGMX alternatives from the Nontraditional Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 1.27% | Jan 27, 2023 | EIGMX vs CBYYX | |
| DoubleLine Flexible Income Fund | 1.44% | Apr 6, 2014 | EIGMX vs DFLEX | |
| Dunham Long/Short Credit Fund | 1.49% | Dec 9, 2004 | EIGMX vs DCAIX | |
| Anfield Universal Fixed Income Fund | 1.57% | Jun 27, 2013 | EIGMX vs AFLIX | |
| PGIM Securitized Credit Fund | 1.65% | Jun 30, 2019 | EIGMX vs SCFZX |
Lowest Drawdown Alternatives to EIGMX
EIGMX alternatives from the Nontraditional Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | -0.18% | Jan 27, 2023 | EIGMX vs CBYYX | |
| Dunham Long/Short Credit Fund | -0.84% | Dec 9, 2004 | EIGMX vs DCAIX | |
| Toews Unconstrained Income Fund | -0.87% | Aug 27, 2013 | EIGMX vs TUIFX | |
| PGIM Absolute Return Bond Fund | -0.87% | Mar 29, 2011 | EIGMX vs PADZX | |
| PGIM Securitized Credit Fund | -0.93% | Jun 30, 2019 | EIGMX vs SCFZX |
Other Mutual Funds from Eaton Vance
Most popular Eaton Vance mutual funds on PortfoliosLab, across asset classes.
Often Compared With EIGMX
What investors most often compare with EIGMX, based on PortfoliosLab usage data.
Compare EIGMX with Any Fund or Stock
Compare EIGMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.