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EIM vs. EELDX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

EIM vs. EELDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Municipal Bond Fund (EIM) and Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX). The values are adjusted to include any dividend payments, if applicable.

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EIM vs. EELDX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
EIM
Eaton Vance Municipal Bond Fund
1.96%-0.08%8.21%1.66%-19.82%4.35%10.53%18.91%-5.30%6.44%
EELDX
Eaton Vance Emerging Markets Debt Opportunities Fund
1.33%15.80%14.87%11.46%-6.14%1.55%7.44%18.34%-4.27%13.05%

Returns By Period

In the year-to-date period, EIM achieves a 1.96% return, which is significantly higher than EELDX's 1.33% return. Over the past 10 years, EIM has underperformed EELDX with an annualized return of 1.86%, while EELDX has yielded a comparatively higher 7.76% annualized return.


EIM

1D
2.52%
1M
-2.19%
YTD
1.96%
6M
1.36%
1Y
4.29%
3Y*
3.48%
5Y*
-1.10%
10Y*
1.86%

EELDX

1D
-0.64%
1M
-2.62%
YTD
1.33%
6M
6.65%
1Y
15.21%
3Y*
13.72%
5Y*
7.74%
10Y*
7.76%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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EIM vs. EELDX - Expense Ratio Comparison

EIM has a 0.01% expense ratio, which is lower than EELDX's 0.78% expense ratio.


Return for Risk

EIM vs. EELDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EIM
EIM Risk / Return Rank: 1616
Overall Rank
EIM Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
EIM Sortino Ratio Rank: 1414
Sortino Ratio Rank
EIM Omega Ratio Rank: 1414
Omega Ratio Rank
EIM Calmar Ratio Rank: 2222
Calmar Ratio Rank
EIM Martin Ratio Rank: 1414
Martin Ratio Rank

EELDX
EELDX Risk / Return Rank: 9898
Overall Rank
EELDX Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
EELDX Sortino Ratio Rank: 9898
Sortino Ratio Rank
EELDX Omega Ratio Rank: 9898
Omega Ratio Rank
EELDX Calmar Ratio Rank: 9797
Calmar Ratio Rank
EELDX Martin Ratio Rank: 9696
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EIM vs. EELDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Municipal Bond Fund (EIM) and Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


EIMEELDXDifference

Sharpe ratio

Return per unit of total volatility

0.43

3.99

-3.56

Sortino ratio

Return per unit of downside risk

0.70

5.53

-4.82

Omega ratio

Gain probability vs. loss probability

1.09

1.96

-0.87

Calmar ratio

Return relative to maximum drawdown

0.67

3.75

-3.09

Martin ratio

Return relative to average drawdown

1.41

15.15

-13.74

EIM vs. EELDX - Sharpe Ratio Comparison

The current EIM Sharpe Ratio is 0.43, which is lower than the EELDX Sharpe Ratio of 3.99. The chart below compares the historical Sharpe Ratios of EIM and EELDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


EIMEELDXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.43

3.99

-3.56

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.10

1.70

-1.80

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.16

1.64

-1.47

Sharpe Ratio (All Time)

Calculated using the full available price history

0.26

1.31

-1.05

Correlation

The correlation between EIM and EELDX is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

EIM vs. EELDX - Dividend Comparison

EIM's dividend yield for the trailing twelve months is around 6.24%, less than EELDX's 11.20% yield.


TTM20252024202320222021202020192018201720162015
EIM
Eaton Vance Municipal Bond Fund
6.24%6.27%5.65%4.07%4.87%4.38%4.29%4.00%4.98%5.48%5.64%5.90%
EELDX
Eaton Vance Emerging Markets Debt Opportunities Fund
11.20%9.44%8.58%9.02%9.17%7.87%7.71%7.86%8.16%7.90%4.12%1.65%

Drawdowns

EIM vs. EELDX - Drawdown Comparison

The maximum EIM drawdown since its inception was -52.50%, which is greater than EELDX's maximum drawdown of -19.12%. Use the drawdown chart below to compare losses from any high point for EIM and EELDX.


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Drawdown Indicators


EIMEELDXDifference

Max Drawdown

Largest peak-to-trough decline

-52.50%

-19.12%

-33.38%

Max Drawdown (1Y)

Largest decline over 1 year

-6.76%

-3.68%

-3.08%

Max Drawdown (5Y)

Largest decline over 5 years

-31.69%

-17.35%

-14.34%

Max Drawdown (10Y)

Largest decline over 10 years

-31.69%

-19.12%

-12.57%

Current Drawdown

Current decline from peak

-11.10%

-3.68%

-7.42%

Average Drawdown

Average peak-to-trough decline

-8.36%

-2.94%

-5.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.20%

0.91%

+2.29%

Volatility

EIM vs. EELDX - Volatility Comparison

Eaton Vance Municipal Bond Fund (EIM) has a higher volatility of 3.61% compared to Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) at 1.89%. This indicates that EIM's price experiences larger fluctuations and is considered to be riskier than EELDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


EIMEELDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.61%

1.89%

+1.72%

Volatility (6M)

Calculated over the trailing 6-month period

5.10%

2.76%

+2.34%

Volatility (1Y)

Calculated over the trailing 1-year period

9.98%

3.72%

+6.26%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.60%

4.59%

+6.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.52%

4.76%

+6.76%