Eaton Vance Growth Fund Class A (EALCX)
| Fund Assets | 414.44M |
| Expense Ratio | 1.04% |
| Min. Investment | $1,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 2.91 |
| Dividend Yield | 6.25% |
| Dividend Growth | -4.60% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 5, 2024 |
| Previous Close | 43.63 |
| YTD Return | 6.73% |
| 1-Year Return | 12.96% |
| 5-Year Return | 104.73% |
| 52-Week Low | 33.74 |
| 52-Week High | 45.29 |
| Beta (5Y) | n/a |
| Holdings | 52 |
| Inception Date | Sep 9, 2002 |
About EALCX
Eaton Vance Growth Fund Class A is an actively managed mutual fund focused on capital appreciation through investments in large-cap U.S. growth stocks. With a disciplined, long-term approach, the fund targets companies exhibiting robust franchise strength, above-average growth prospects, and solid financial stability. The portfolio utilizes a bottom-up investment process grounded in fundamental research and risk management, balancing growth opportunities with valuation awareness to mitigate volatility. This growth-at-a-reasonable-price philosophy is designed to capture long-term appreciation potential while managing downside risk associated with growth investing. The fund’s holdings are diversified across major sectors, but it maintains a significant allocation to technology and consumer sectors, with top positions in companies such as NVIDIA, Microsoft, Amazon, and Apple. Managed by Eaton Vance, now part of Morgan Stanley Investment Management, the fund aims to serve as a core equity holding for investors seeking exposure to leading U.S. growth-oriented businesses. Launched in 2002, Eaton Vance Growth Fund Class A periodically distributes gains and is benchmarked against the Russell 1000 Growth Index, reflecting its focus on established yet rapidly expanding American companies.
Performance
EALCX had a total return of 12.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.52%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLGEX | Fidelity | Fidelity Large Cap Growth Enhanced Index Fund | 0.39% |
| FBCGX | Fidelity | Fidelity Blue Chip Growth K6 Fund | 0.46% |
| FHOFX | Fidelity | Fidelity Series Large Cap Growth Index Fund | n/a |
| LGILX | Schwab | Schwab Select Large Cap Growth Fund | 0.75% |
| FBGRX | Fidelity | Fidelity Blue Chip Growth Fund | 0.69% |
Top 10 Holdings
55.53% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 10.06% |
| Microsoft Corporation | MSFT | 8.06% |
| Amazon.com, Inc. | AMZN | 7.67% |
| Apple Inc. | AAPL | 7.00% |
| Alphabet Inc. | GOOGL | 5.09% |
| Broadcom Inc. | AVGO | 4.61% |
| Meta Platforms, Inc. | META | 4.16% |
| Netflix, Inc. | NFLX | 3.21% |
| Eli Lilly and Company | LLY | 2.95% |
| The TJX Companies, Inc. | TJX | 2.71% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 5, 2024 | $2.9103 | Dec 6, 2024 |
| Dec 7, 2023 | $3.0506 | Dec 8, 2023 |
| Dec 8, 2022 | $1.5164 | Dec 9, 2022 |
| Dec 9, 2021 | $3.3606 | Dec 10, 2021 |
| Dec 10, 2020 | $2.006 | Dec 11, 2020 |
| Aug 18, 2020 | $0.5054 | Aug 19, 2020 |