Eaton Vance Strategic Income Fund Class I (ETSIX)

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The chart shows the growth of an initial investment of $10,000 in Eaton Vance Strategic Income Fund Class I, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Eaton Vance Strategic Income Fund Class I (ETSIX) has returned 0.45% so far this year and 9.09% over the past 12 months. Over the last ten years, ETSIX has returned 4.65% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 23, 1998, ETSIX's average daily return is +0.02%, while the average monthly return is +0.40%. At this rate, your investment would double in approximately 14.5 years.

Historically, 71% of months were positive and 29% were negative. The best month was Jan 2002 with a return of +6.4%, 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, ETSIX closed higher 36% of trading days. The best single day was Jan 31, 2002 with a return of +6.0%, while the worst single day was Dec 30, 2019 at -2.5%.

Eaton Vance Strategic Income Fund Class I has an annualized alpha of 4.61%, beta of 0.03, and R² of 0.03 versus S&P 500 Index. Calculated based on daily prices since January 26, 1998.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (22.11%) than losses (10.61%) — typical of diversified or defensive assets.
• Beta of 0.03 may look defensive, but with R² of 0.03 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 0.03 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.

ETSIX has a high expense ratio of 1.46%, indicating above-average management fees.

ETSIX ranks 97 for risk / return — in the top 97% 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.

The table below present risk-adjusted performance metrics for Eaton Vance Strategic Income Fund Class I (ETSIX) and compare them to a chosen benchmark (S&P 500 Index).

Eaton Vance Strategic Income Fund Class I provided a 7.11% dividend yield over the last twelve months, with an annual payout of $0.48 per share.

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.

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.

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 12.63%, occurring on Dec 15, 2008. Recovery took 121 trading sessions.

The current Eaton Vance Strategic Income Fund Class I drawdown is 2.30%.

The chart below shows the rolling one-month volatility.