- ISIN
- US2782771081
- CUSIP
- 278277108
- Issuer
- Eaton Vance
- Inception Date
- Jan 26, 2005
- Category
- Derivative Income
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
EOS Performance Chart
Eaton Vance Enhanced Equity Income Fund II (EOS) is down 3.1% since the beginning of the year. EOS is currently trading at $22 per share. Investors who bought $1,000 worth of EOS shares 5 years ago would now be looking at an investment worth $1,432.
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Returns By Period
Eaton Vance Enhanced Equity Income Fund II (EOS) has returned -3.08% so far this year and 2.71% over the past 12 months. Over the last ten years, EOS has had an annualized return of 13.63%, just under the S&P 500 Index benchmark’s 13.88%.
Eaton Vance Enhanced Equity Income Fund II
- 1D
- -1.45%
- 1M
- -2.96%
- YTD
- -3.08%
- 6M
- -0.45%
- 1Y
- 2.71%
- 3Y*
- 17.02%
- 5Y*
- 7.44%
- 10Y*
- 13.63%
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%
EOS Monthly Returns History
Based on dividend-adjusted daily data since Jan 27, 2005, EOS's average daily return is +0.05%, while the average monthly return is +0.89%. At this rate, an investment would double in approximately 6.5 years.
Historically, 62% of months were positive and 38% were negative. The best month was Jul 2022 with a return of +16.5%, while the worst month was Feb 2009 at -17.8%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, EOS closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +19.2%, while the worst single day was Oct 6, 2008 at -14.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -3.63% | -1.19% | -6.29% | 10.68% | 2.82% | -4.57% | -3.08% | ||||||
| 2025 | 1.16% | -3.27% | -8.17% | 1.70% | 8.41% | 6.23% | 0.38% | -0.03% | 0.38% | 0.69% | -3.71% | 2.92% | 5.77% |
| 2024 | 2.00% | 6.21% | 1.23% | -1.26% | 5.32% | 6.17% | -1.19% | 1.09% | 1.88% | 2.58% | 6.95% | 2.61% | 38.69% |
| 2023 | 5.01% | -5.28% | 1.73% | 0.28% | 2.60% | 8.23% | 3.45% | -0.98% | -4.40% | -4.41% | 14.09% | 1.88% | 22.59% |
| 2022 | -9.89% | -5.76% | 2.51% | -11.25% | -2.13% | -9.13% | 16.51% | -5.77% | -11.89% | 12.73% | 3.38% | -5.09% | -26.50% |
| 2021 | -3.76% | 6.57% | -1.54% | 5.64% | -1.23% | 4.62% | 1.15% | 6.41% | -5.86% | 5.20% | -0.64% | 3.05% | 20.30% |
Benchmark Metrics
Eaton Vance Enhanced Equity Income Fund II has an annualized alpha of 2.08%, beta of 0.90, and R2 of 0.60 versus S&P 500 Index. Calculated based on daily prices since January 27, 2005.
- This fund generated an annualized alpha of 2.08% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 0.90 and R2 of 0.60, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 2.08%
- Beta
- 0.90
- R²
- 0.60
- Upside Capture
- 98.96%
- Downside Capture
- 97.13%
Expense Ratio
EOS has a high expense ratio of 1.09%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
EOS ranks 4 for risk / return — in the bottom 4% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Eaton Vance Enhanced Equity Income Fund II (EOS) 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.
| EOS | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.85 | ||
| Sortino ratioReturn per unit of downside risk | -2.39 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.37 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | 2.78 | -2.63 |
| Martin ratioReturn relative to average drawdown | 0.51 | 12.44 | -11.93 |
Dividends
Dividend History
Eaton Vance Enhanced Equity Income Fund II provided a 8.40% dividend yield over the last twelve months, with an annual payout of $1.83 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.83 | $1.83 | $1.72 | $1.38 | $1.60 | $1.38 | $1.09 | $1.19 | $1.05 | $1.05 | $1.05 | $1.05 |
Dividend yield | 8.40% | 7.81% | 7.17% | 7.38% | 9.69% | 5.60% | 5.01% | 6.65% | 7.16% | 6.90% | 8.20% | 7.70% |
Monthly Dividends
The table displays the monthly dividend distributions for Eaton Vance Enhanced Equity Income Fund II. 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 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.91 | ||||||
| 2025 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $1.83 |
| 2024 | $0.12 | $0.12 | $0.12 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $1.72 |
| 2023 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $1.38 |
| 2022 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.12 | $0.12 | $1.60 |
| 2021 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $1.38 |
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 Enhanced Equity Income Fund II. 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 Enhanced Equity Income Fund II was 55.74%, occurring on Mar 9, 2009. Recovery took 994 trading sessions.
The current Eaton Vance Enhanced Equity Income Fund II drawdown is 5.31%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -55.74%Mar 2009 | 1y 8mo | 3y 11mo | 5y 7moJul 2007 - Feb 2013 |
COVID crash2020 | -41.12%Mar 2020 | 27d | 4mo 18d | 5mo 15dFeb 2020 - Aug 2020 |
Bear market2022 | -34.32%Jun 2022 | 5mo 14d | 1y 9mo | 2y 2moJan 2022 - Mar 2024 |
Rate-hike selloffLate 2018 | -25.70%Dec 2018 | 3mo 26d | 6mo 6d | 10mo 2dAug 2018 - Jun 2019 |
2025 selloff2025 | -24.31%Apr 2025 | 3mo 13d | 2mo 20d | 6mo 3dDec 2024 - Jun 2025 |
Drawdown Indicators
| EOS | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.74% | -56.78% | +1.04% |
Max Drawdown (1Y)Largest decline over 1 year | -17.12% | -9.10% | -8.02% |
Max Drawdown (3Y)Largest decline over 3 years | -24.31% | -18.90% | -5.41% |
Max Drawdown (5Y)Largest decline over 5 years | -34.32% | -25.43% | -8.89% |
Max Drawdown (10Y)Largest decline over 10 years | -41.12% | -33.92% | -7.20% |
Current DrawdownCurrent decline from peak | -5.31% | -1.80% | -3.51% |
Average DrawdownAverage peak-to-trough decline | -7.82% | -10.71% | +2.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.36% | 2.03% | +3.33% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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