- ISIN
- US2779235793
- CUSIP
- 277923579
- Issuer
- Eaton Vance
- Inception Date
- Apr 3, 2009
- Category
- Multisector Bonds
- Min. Investment
- $1,000,000
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
ESIIX Performance Chart
Eaton Vance Strategic Income Fund Class I (ESIIX) is up 2.5% since the beginning of the year. ESIIX is currently trading at $7 per share. Investors who bought $1,000 worth of ESIIX shares 5 years ago would now be looking at an investment worth $1,306.
Loading charts...
Returns By Period
Eaton Vance Strategic Income Fund Class I (ESIIX) has returned 2.48% so far this year and 9.72% over the past 12 months. Over the last ten years, ESIIX has returned 5.23% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Eaton Vance Strategic Income Fund Class I
- 1D
- 0.15%
- 1M
- 0.89%
- YTD
- 2.48%
- 6M
- 2.99%
- 1Y
- 9.72%
- 3Y*
- 8.87%
- 5Y*
- 5.49%
- 10Y*
- 5.23%
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%
ESIIX Monthly Returns History
Based on dividend-adjusted daily data since Apr 3, 2009, ESIIX's average daily return is +0.02%, while the average monthly return is +0.44%. At this rate, an investment would double in approximately 13.2 years.
Historically, 72% of months were positive and 28% were negative. The best month was May 2020 with a return of +4.6%, while the worst month was Mar 2020 at -7.9%. The longest winning streak lasted 19 consecutive months, and the longest losing streak was 5 months.
On a daily basis, ESIIX closed higher 38% of trading days. The best single day was Jul 20, 2009 with a return of +37.1%, while the worst single day was Jul 21, 2009 at -26.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.40% | 1.32% | -1.86% | 1.03% | 0.30% | 0.29% | 2.48% | ||||||
| 2025 | 1.52% | 1.65% | 0.14% | 0.59% | 0.44% | 1.80% | 0.14% | 1.94% | 0.74% | 1.03% | 1.03% | 0.79% | 12.46% |
| 2024 | 0.45% | -0.61% | 1.22% | -1.52% | 2.17% | 1.07% | 1.98% | 1.05% | 1.19% | -1.64% | 1.06% | 0.13% | 6.66% |
| 2023 | 1.97% | -0.30% | 0.75% | 0.30% | 0.16% | 0.60% | 0.76% | 0.15% | -1.23% | -0.63% | 2.84% | 2.93% | 8.52% |
| 2022 | -0.04% | -1.17% | -0.90% | 0.39% | -0.91% | -1.51% | -0.34% | 1.11% | -1.81% | 0.15% | 2.32% | 0.45% | -2.32% |
| 2021 | 0.64% | 0.23% | -0.18% | 0.37% | 0.51% | -0.04% | -0.18% | 0.37% | -0.04% | -0.32% | -0.46% | 0.66% | 1.59% |
Benchmark Metrics
Eaton Vance Strategic Income Fund Class I has an annualized alpha of 5.12%, beta of 0.05, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since April 03, 2009.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (20.89%) than losses (12.00%) - typical of diversified or defensive assets.
- Beta of 0.05 may look defensive, but with R2 of 0.01 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 0.01 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
- 5.12%
- Beta
- 0.05
- R²
- 0.01
- Upside Capture
- 20.89%
- Downside Capture
- 12.00%
Expense Ratio
ESIIX has a high expense ratio of 1.21%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
ESIIX ranks 93 for risk / return — in the top 93% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Eaton Vance Strategic Income Fund Class I (ESIIX) 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.
| ESIIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.44 | ||
| Sortino ratioReturn per unit of downside risk | +2.32 | ||
| Omega ratioGain probability vs. loss probability | 1.80 | 1.37 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 4.07 | 2.78 | +1.29 |
| Martin ratioReturn relative to average drawdown | 15.36 | 12.44 | +2.92 |
Dividends
Dividend History
Eaton Vance Strategic Income Fund Class I provided a 7.37% dividend yield over the last twelve months, with an annual payout of $0.50 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.50 | $0.48 | $0.48 | $0.48 | $0.38 | $0.33 | $0.33 | $0.38 | $0.30 | $0.29 | $0.31 | $0.33 |
Dividend yield | 7.37% | 7.01% | 7.23% | 7.19% | 5.82% | 4.57% | 4.44% | 5.29% | 4.25% | 3.95% | 4.18% | 4.59% |
Monthly Dividends
The table displays the monthly dividend distributions for Eaton Vance Strategic Income Fund Class I. 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 | $0.06 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.22 | ||||||
| 2025 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.48 |
| 2024 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.48 |
| 2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.48 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.38 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Eaton Vance Strategic Income 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 Strategic Income Fund Class I was 26.87%, occurring on Jul 21, 2009. Recovery took 1440 trading sessions.
The current Eaton Vance Strategic Income Fund Class I drawdown is 0.29%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -26.87%Jul 2009 | 0s | 5y 8mo | 5y 8moJul 2009 - Apr 2015 |
COVID crash2020 | -12.25%Mar 2020 | 2mo 26d | 2mo 16d | 5mo 12dDec 2019 - Jun 2020 |
2016 pullback2016 | -7.94%Feb 2016 | 8mo 14d | 8mo 13d | 1y 4moJun 2015 - Oct 2016 |
Bear market2022 | -6.18%Oct 2022 | 8mo 12d | 5mo 16d | 1y 1moFeb 2022 - Apr 2023 |
Rate-hike selloffLate 2018 | -4.26%Dec 2018 | 10mo 25d | 3mo 10d | 1y 2moFeb 2018 - Apr 2019 |
Drawdown Indicators
| ESIIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.87% | -56.78% | +29.91% |
Max Drawdown (1Y)Largest decline over 1 year | -2.44% | -9.10% | +6.66% |
Max Drawdown (3Y)Largest decline over 3 years | -2.46% | -18.90% | +16.44% |
Max Drawdown (5Y)Largest decline over 5 years | -6.18% | -25.43% | +19.25% |
Max Drawdown (10Y)Largest decline over 10 years | -12.25% | -33.92% | +21.67% |
Current DrawdownCurrent decline from peak | -0.29% | -1.80% | +1.51% |
Average DrawdownAverage peak-to-trough decline | -4.71% | -10.71% | +6.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.64% | 2.03% | -1.39% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with ESIIX
Add Eaton Vance Strategic Income Fund Class I to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with ESIIX