Eaton Vance Tax-Managed Growth 1.1 Fund Class C (ECTGX)
| Fund Assets | 2.68B |
| Expense Ratio | 1.47% |
| Min. Investment | $1,000 |
| Turnover | 7.00% |
| Dividend (ttm) | 2.05 |
| Dividend Yield | 1.85% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 110.59 |
| YTD Return | 7.42% |
| 1-Year Return | 13.68% |
| 5-Year Return | 103.27% |
| 52-Week Low | 88.14 |
| 52-Week High | 111.19 |
| Beta (5Y) | n/a |
| Holdings | 132 |
| Inception Date | Aug 2, 1996 |
About ECTGX
The Eaton Vance Tax-Managed Growth Fund 1.1 Class C is a mutual fund designed to provide long-term, after-tax returns by investing in a diversified portfolio of equity securities. Its primary objective is to maximize returns for shareholders through strategic tax management, which involves selecting investments and managing the portfolio with a focus on tax efficiency. The fund typically holds a broad array of U.S. stocks across multiple industries, with a tilt toward growth-oriented companies regarded for their quality and long-term prospects. Key features include a disciplined approach to minimizing taxable distributions by managing gains and losses, which makes the fund appealing to investors who are sensitive to after-tax outcomes. The Class C share structure is associated with level-load fees, which may impact cost structure compared to other share classes. The fund has historically allowed investors to gain exposure to a well-established, diversified portfolio without inheriting significant unrealized capital gains, and it plays a niche role for those seeking to enhance after-tax equity returns as part of a broader investment strategy.
Performance
ECTGX had a total return of 13.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.08%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FALCX | Fidelity | Fidelity Rutland Square Trust II - Strategic Advisers Large Cap Fund | 0.24% |
| FLCEX | Fidelity | Fidelity Large Cap Core Enhanced Index Fund | 0.39% |
| VQNPX | Vanguard | Vanguard Growth and Income Fund Investor Shares | 0.36% |
| FMGKX | Fidelity | Fidelity Magellan Fund - Class K | 0.40% |
| FMAGX | Fidelity | Fidelity Magellan Fund | 0.47% |
Top 10 Holdings
39.28% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 6.42% |
| Microsoft Corporation | MSFT | 6.36% |
| Amazon.com, Inc. | AMZN | 5.58% |
| NVIDIA Corporation | NVDA | 5.50% |
| Meta Platforms, Inc. | META | 3.79% |
| Netflix, Inc. | NFLX | 2.48% |
| Alphabet Inc. | GOOGL | 2.41% |
| Alphabet Inc. | GOOG | 2.39% |
| JPMorgan Chase & Co. | JPM | 2.23% |
| Berkshire Hathaway Inc. | BRK.B | 2.12% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $2.0457 | Dec 20, 2024 |
| Dec 19, 2018 | $0.0698 | Dec 20, 2018 |
| Dec 14, 2017 | $0.1006 | Dec 15, 2017 |
| Dec 15, 2016 | $0.1847 | Dec 16, 2016 |
| Dec 17, 2015 | $0.1504 | Dec 18, 2015 |
| Dec 19, 2014 | $0.163 | Dec 22, 2014 |