Eaton Vance Global Macro Absolute Return Fund (ECGMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.97
+0.01 (0.11%)
At close: Dec 4, 2025
6.28%
Fund Assets2.80B
Expense Ratio2.21%
Min. Investment$1,000
Turnover156.00%
Dividend (ttm)0.43
Dividend Yield4.83%
Dividend Growth9.78%
Payout FrequencyMonthly
Ex-Dividend DateNov 26, 2025
Previous Close8.96
YTD Return10.62%
1-Year Return11.72%
5-Year Return26.05%
52-Week Low8.03
52-Week High8.97
Beta (5Y)n/a
Holdings1
Inception DateOct 1, 2009

About ECGMX

Eaton Vance Global Macro Absolute Return Fund Class C is an actively managed mutual fund focused on delivering total return by combining income and capital appreciation. The fund employs a flexible, global macro strategy, investing across a wide spectrum of securities, derivatives, and other financial instruments to establish both long and short exposures in multiple global markets. Its primary focus is on sovereign exposures—which include currencies, interest rates, and debt instruments issued or guaranteed by governments—though it may also invest in corporate bonds, mortgage-backed securities, preferred stocks, and cash equivalents. The portfolio is typically well-diversified geographically, with significant allocations to both developed and emerging markets. Operating within the nontraditional bond category, the fund distinguishes itself by managing duration and currency risks dynamically, aiming for returns that do not correlate closely with traditional bond markets. Its unconstrained investment mandate provides significant flexibility to adjust exposure in response to changing macroeconomic conditions. Eaton Vance Global Macro Absolute Return Fund Class C is designed to serve as a complement to core fixed income holdings, offering potential diversification benefits through its global reach and active risk management approach.

Fund Family Eaton Vance
Category Nontraditional Bond
Stock Exchange NASDAQ
Ticker Symbol ECGMX
Share Class Class C
Index ICE BofA US 3-Month T Bill TR IX

Performance

ECGMX had a total return of 11.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.58%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
EGMSXClass R61.14%
EIGMXClass I1.20%
EAGMXClass A1.46%
ERGMXClass R1.70%

Dividend History

Ex-DividendAmountPay Date
Nov 26, 2025$0.0324Nov 28, 2025
Oct 30, 2025$0.0324Oct 31, 2025
Sep 29, 2025$0.0325Sep 30, 2025
Aug 28, 2025$0.0325Aug 29, 2025
Jul 30, 2025$0.0326Jul 31, 2025
Jun 27, 2025$0.0326Jun 30, 2025
Full Dividend History