Eaton Vance Emerging Markets Local Income Fund Class A (EEIAX)
| Fund Assets | 918.33M |
| Expense Ratio | 1.26% |
| Min. Investment | $1,000 |
| Turnover | 85.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 9.83% |
| Dividend Growth | -4.17% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 27, 2025 |
| Previous Close | 3.430 |
| YTD Return | 13.05% |
| 1-Year Return | 12.39% |
| 5-Year Return | 13.65% |
| 52-Week Low | 3.120 |
| 52-Week High | 3.520 |
| Beta (5Y) | 0.38 |
| Holdings | 1 |
| Inception Date | Jun 27, 2007 |
About EEIAX
Eaton Vance Emerging Markets Local Income Fund Class A is a mutual fund specializing in emerging-markets local-currency debt. Designed to provide investors with exposure to the currencies and interest rates of developing countries, the fund primarily invests at least 80% of its assets in bonds and related instruments denominated in the local currencies of emerging market nations. Managed by Eaton Vance’s experienced fixed-income team, the fund employs a research-driven approach, leveraging macroeconomic and political analysis to identify attractive opportunities across sovereign and, to a lesser extent, corporate issuers in diverse regions. This strategy is intended to serve as a diversifier in portfolios concentrated in developed-market or U.S. dollar-denominated assets, potentially reducing sensitivity to U.S. interest rates and enhancing currency diversification. The fund offers monthly income distributions and is notable for its broad geographic allocation, with significant holdings in countries such as South Africa, Brazil, India, and Malaysia. With a track record dating back to its inception in 2007, the fund is recognized as one of the major vehicles in the emerging-market debt segment, providing access to a dynamic asset class with distinct risk and return characteristics.
Performance
EEIAX had a total return of 12.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.66%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FSEDX | Fidelity | Fidelity Series Em Mk Dbt Lcl Ccy | n/a |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.0265 | Jun 30, 2025 |
| May 29, 2025 | $0.0293 | May 30, 2025 |
| Apr 29, 2025 | $0.0293 | Apr 30, 2025 |
| Mar 28, 2025 | $0.0293 | Mar 31, 2025 |
| Feb 27, 2025 | $0.0294 | Feb 28, 2025 |
| Jan 30, 2025 | $0.0293 | Jan 31, 2025 |