About EDIAX
Eaton Vance Global Income Builder Fund Class A is a globally diversified mutual fund designed to deliver a balance of income and capital appreciation. Its primary objective is total return, achieved by investing across a broad spectrum of asset classes including common stocks, preferred stocks, hybrid securities, and income instruments such as bonds and cash equivalents. The fund typically allocates 50-80% of assets to common stocks, 0-30% to preferred stocks and hybrids, and 10-40% to income instruments, targeting securities that can generate attractive income while offering potential for growth.
By adopting a research-driven, bottom-up investment approach, the portfolio management team seeks out undervalued companies globally, emphasizing those with strong dividend potential. The fund’s holdings span numerous sectors and geographic regions, aiming for diversification and risk mitigation. Investors benefit from monthly distributions, and the fund has a long-standing operational history since its inception in 2005. Eaton Vance Global Income Builder Fund Class A plays a role in the market by offering exposure to multiple asset classes worldwide, making it a comprehensive choice for those seeking consistent income and broad global diversification within a single portfolio.
Fund Family Eaton Vance
Category Flexible Portfolio
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol EDIAX
Share Class Class A
Index MSCI World NR USD
EDIAX had a total return of 12.60% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.03%.
