About ECEAX
Eaton Vance Tax-Managed Equity Asset Allocation Fund Class C is a mutual fund designed to pursue long-term, after-tax returns for its investors through a diversified equity allocation strategy. The fund primarily invests in a variety of Eaton Vance tax-managed equity portfolios, covering a wide spectrum of market capitalizations, investment styles, and sectors, including both value and growth equities. A distinctive feature of the fund is its focus on tax efficiency, employing strategies that aim to minimize taxable distributions, such as reducing portfolio turnover and employing tax-loss harvesting techniques. The portfolio includes U.S. common stocks, foreign stocks, preferred securities, and select open-end equity funds, resulting in broad sector and geographic exposure. Its largest holdings feature major technology, consumer, and financial companies, reflecting its emphasis on broad market participation. This fund serves investors seeking a comprehensive, tax-sensitive approach to equity investing, consolidating diverse equity exposure and tax management within a single investment vehicle.
Fund Family Eaton Vance
Category Allocation--85%+ Equity
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol ECEAX
Share Class Class C
Index Russell 3000 TR
ECEAX had a total return of 11.64% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.79%.
