- CUSIP
- 277911772
- Issuer
- Eaton Vance
- Inception Date
- Jan 23, 1998
- Category
- Multisector Bonds
- Min. Investment
- $1,000
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
ETSIX Performance Chart
Eaton Vance Strategic Income Fund Class I (ETSIX) is up 2.5% since the beginning of the year. ETSIX is currently trading at $7 per share. Investors who bought $1,000 worth of ETSIX shares 5 years ago would now be looking at an investment worth $1,276.
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Compare this symbol against anything
Returns By Period
Eaton Vance Strategic Income Fund Class I (ETSIX) has returned 2.46% so far this year and 7.33% over the past 12 months. Over the last ten years, ETSIX has returned 4.64% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Eaton Vance Strategic Income Fund Class I
- 1D
- 0.27%
- 1M
- -0.46%
- 6M
- 1.08%
- YTD
- 2.46%
- 1Y
- 7.33%
- 3Y*
- 7.90%
- 5Y*
- 5.00%
- 10Y*
- 4.64%
- ALL TIME*
- 4.86%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
ETSIX Monthly Returns History
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, an 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.36% | 1.44% | -2.02% | 1.16% | 0.28% | 0.57% | -0.31% | 2.46% | |||||
| 2025 | 0.91% | 1.63% | -0.45% | 0.57% | 0.42% | 1.77% | 0.12% | 1.91% | 0.72% | 1.01% | 1.01% | 0.77% | 10.88% |
| 2024 | 0.43% | -0.63% | 1.20% | -1.54% | 2.15% | 0.89% | 2.11% | 1.02% | 1.17% | -1.66% | 1.04% | 0.11% | 6.38% |
| 2023 | 1.95% | -0.32% | 0.73% | 0.28% | 0.12% | 0.58% | 0.74% | 0.13% | -1.40% | -0.49% | 2.81% | 2.90% | 8.24% |
| 2022 | -0.06% | -1.05% | -0.92% | 0.23% | -0.93% | -1.53% | -0.36% | 1.09% | -1.98% | 0.28% | 2.29% | 0.43% | -2.55% |
| 2021 | 0.62% | 0.21% | -0.06% | 0.21% | 0.49% | -0.06% | -0.20% | 0.35% | 0.08% | -0.48% | -0.48% | 0.64% | 1.33% |
Benchmark Metrics
Eaton Vance Strategic Income Fund Class I has an annualized alpha of 4.60%, beta of 0.04, and R2 of 0.03 versus S&P 500 Index. Calculated based on daily prices since January 23, 1998.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (21.78%) than losses (10.46%) - typical of diversified or defensive assets.
- Beta of 0.04 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.
- Alpha
- 4.60%
- Beta
- 0.04
- R²
- 0.03
- Upside Capture
- 21.78%
- Downside Capture
- 10.46%
Expense Ratio
ETSIX has a high expense ratio of 1.46%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
ETSIX ranks 92 for risk / return — above 92% of mutual funds peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Eaton Vance Strategic Income Fund Class I (ETSIX) 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.
| ETSIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.34 | ||
| Sortino ratioReturn per unit of downside risk | +1.99 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.25 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 3.36 | 2.00 | +1.36 |
| Martin ratioReturn relative to average drawdown | 11.13 | 8.49 | +2.64 |
Dividends
Dividend History
Eaton Vance Strategic Income Fund Class I provided a 7.17% dividend yield over the last twelve months, with an annual payout of $0.49 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.49 | $0.39 | $0.46 | $0.46 | $0.37 | $0.31 | $0.31 | $0.31 | $0.28 | $0.28 | $0.29 | $0.31 |
Dividend yield | 7.17% | 5.65% | 6.97% | 6.93% | 5.56% | 4.31% | 4.19% | 4.29% | 3.98% | 3.70% | 3.94% | 4.32% |
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 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.29 | |||||
| 2025 | $0.00 | $0.04 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.39 |
| 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 | $0.46 |
| 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 | $0.46 |
| 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 | $0.37 |
| 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 | $0.31 |
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 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 0.60%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-12.63%Dec 2008 | 4mo 13d | 5mo 27d | 10mo 10dAug 2008 - Jun 2009 | Financial crisis2007–2009 |
-12.28%Mar 2020 | 2mo 26d | 2mo 16d | 5mo 12dDec 2019 - Jun 2020 | COVID crash2020 |
-9.60%Sep 1998 | 5mo 6d | 1y 4mo | 1y 10moApr 1998 - Feb 2000 | — |
-8.08%Feb 2016 | 8mo 14d | 9mo 8d | 1y 5moJun 2015 - Nov 2016 | — |
-6.99%Nov 2000 | 2mo 24d | 2mo 3d | 4mo 27dSep 2000 - Jan 2001 | Dot-com crash2000–2002 |
Drawdown Indicators
| ETSIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.63% | -56.78% | +44.15% |
Max Drawdown (1Y)Largest decline over 1 year | -2.43% | -9.10% | +6.67% |
Max Drawdown (3Y)Largest decline over 3 years | -2.47% | -18.90% | +16.43% |
Max Drawdown (5Y)Largest decline over 5 years | -6.34% | -25.43% | +19.09% |
Max Drawdown (10Y)Largest decline over 10 years | -12.28% | -33.92% | +21.64% |
Current DrawdownCurrent decline from peak | -0.60% | -1.58% | +0.98% |
Average DrawdownAverage peak-to-trough decline | -1.43% | -10.70% | +9.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.73% | 2.14% | -1.41% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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