Eaton Vance Richard Bernstein Equity Strategy Fund (ERBIX)
Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities and derivative instruments that provide exposure to equity securities. It may invest up to 20% of its net assets in fixed-income securities, including securities rated below investment grade and comparable unrated securities ("junk"); other fixed and floating-rate income instruments; and/or in currencies. The fund may invest an unlimited amount of its assets in foreign securities issued by companies domiciled in developed or emerging market countries including frontier markets.
Fund Info
| ISIN | US2779025731 |
|---|---|
| CUSIP | 277902573 |
| Issuer | Eaton Vance |
| Inception Date | Oct 11, 2010 |
| Category | Global Equities |
| Min. Investment | $1,000,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
ERBIX has a high expense ratio of 0.93%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: ERBIX vs. EEOFX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Eaton Vance Richard Bernstein Equity Strategy 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 Richard Bernstein Equity Strategy Fund had a return of 18.97% year-to-date (YTD) and 29.47% in the last 12 months. Over the past 10 years, Eaton Vance Richard Bernstein Equity Strategy Fund had an annualized return of 8.80%, while the S&P 500 had an annualized return of 11.41%, indicating that Eaton Vance Richard Bernstein Equity Strategy Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 18.97% | 25.70% |
| 1 month | 1.93% | 3.51% |
| 6 months | 9.80% | 14.80% |
| 1 year | 29.47% | 37.91% |
| 5 years (annualized) | 10.83% | 14.18% |
| 10 years (annualized) | 8.80% | 11.41% |
Monthly Returns
The table below presents the monthly returns of ERBIX, 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 | -0.79% | 4.31% | 3.24% | -2.46% | 4.45% | 1.68% | 2.59% | 1.45% | 1.27% | -1.78% | 18.97% | ||
| 2023 | 5.01% | -3.24% | 4.36% | 2.06% | -2.49% | 4.26% | 3.27% | -3.17% | -4.73% | -2.33% | 7.41% | 4.24% | 14.63% |
| 2022 | -2.95% | -2.45% | 1.42% | -7.05% | 0.70% | -6.85% | 5.31% | -3.87% | -9.40% | 5.66% | 8.60% | -3.24% | -14.75% |
| 2021 | -0.97% | 3.90% | 3.65% | 3.92% | 2.18% | 0.05% | -0.71% | 2.05% | -4.07% | 4.63% | -2.47% | 4.76% | 17.75% |
| 2020 | -0.06% | -6.58% | -9.71% | 8.45% | 4.46% | 1.78% | 5.70% | 5.75% | -3.36% | -2.38% | 9.56% | 3.74% | 16.49% |
| 2019 | 6.78% | 3.08% | 2.10% | 2.49% | -5.40% | 5.78% | 0.18% | 0.12% | 0.85% | 2.10% | 2.35% | 3.13% | 25.63% |
| 2018 | 6.44% | -4.18% | -2.12% | -0.94% | 2.25% | -1.39% | 2.93% | 0.51% | 0.11% | -8.61% | 2.42% | -8.82% | -11.86% |
| 2017 | 2.21% | 2.55% | 0.89% | 1.14% | 0.94% | 0.68% | 3.20% | -0.06% | 2.21% | 2.63% | 1.48% | 1.35% | 20.94% |
| 2016 | -3.34% | -2.57% | 4.30% | 1.52% | 1.57% | -1.19% | 4.33% | 0.95% | 0.61% | -1.54% | 3.13% | 2.14% | 9.97% |
| 2015 | -1.73% | 5.55% | -0.93% | 0.67% | 1.27% | -3.10% | 2.04% | -6.80% | -2.15% | 7.02% | 0.07% | -1.59% | -0.43% |
| 2014 | -3.23% | 5.30% | 0.14% | 0.27% | 0.96% | 1.63% | -2.74% | 2.68% | -3.01% | 1.52% | 1.36% | -1.66% | 2.90% |
| 2013 | 5.35% | 1.29% | 3.99% | 1.96% | 0.08% | -0.48% | 4.83% | -3.15% | 4.83% | 3.40% | 2.56% | 2.13% | 29.91% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ERBIX is 65, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Eaton Vance Richard Bernstein Equity Strategy Fund (ERBIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Eaton Vance Richard Bernstein Equity Strategy Fund provided a 1.19% dividend yield over the last twelve months, with an annual payout of $0.23 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.23 | $0.23 | $0.14 | $0.42 | $0.12 | $0.20 | $0.05 | $0.09 | $0.16 | $0.33 | $0.12 | $0.09 |
Dividend yield | 1.19% | 1.42% | 0.89% | 2.16% | 0.64% | 1.21% | 0.33% | 0.53% | 1.08% | 2.32% | 0.84% | 0.61% |
Monthly Dividends
The table displays the monthly dividend distributions for Eaton Vance Richard Bernstein Equity Strategy 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2022 | $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 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.42 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.05 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.33 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2013 | $0.09 | $0.09 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Eaton Vance Richard Bernstein Equity Strategy 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 Richard Bernstein Equity Strategy Fund was 29.18%, occurring on Mar 23, 2020. Recovery took 94 trading sessions.
The current Eaton Vance Richard Bernstein Equity Strategy Fund drawdown is 0.20%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -29.18% | Feb 20, 2020 | 23 | Mar 23, 2020 | 94 | Aug 5, 2020 | 117 |
| -24.32% | Jan 13, 2022 | 188 | Oct 12, 2022 | 341 | Feb 22, 2024 | 529 |
| -23.36% | Jan 29, 2018 | 229 | Dec 24, 2018 | 246 | Dec 16, 2019 | 475 |
| -21.03% | May 2, 2011 | 108 | Oct 3, 2011 | 321 | Jan 15, 2013 | 429 |
| -15.36% | Apr 27, 2015 | 202 | Feb 11, 2016 | 142 | Sep 2, 2016 | 344 |
Volatility
Volatility Chart
The current Eaton Vance Richard Bernstein Equity Strategy Fund volatility is 3.47%, 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.