About EELDX
Eaton Vance Emerging Markets Debt Opportunities Fund Class R6 is an open-end mutual fund specializing in emerging markets debt securities. The fund’s primary objective is to achieve total return by investing at least 80% of its net assets in income-producing instruments and derivatives linked to the currencies, interest rates, or issuers of emerging market countries. It employs a flexible, actively managed approach, drawing upon a broad universe of opportunities beyond traditional benchmarks, including sovereign and corporate bonds across more than 100 countries. The portfolio often reflects significant geographic diversification, with exposure to Latin America, Eastern Europe, Africa, the Middle East, and Asia, emphasizing both local currency and hard currency debt. The fund combines fundamental country-level economic and political research with relative value analysis, selecting investments based on perceived opportunities or inefficiencies in these markets. This strategy aims to offer diversified exposure and potential for capital appreciation, making it a resource for investors seeking distinct risk and return drivers outside developed markets fixed income. The fund is managed by a team of experienced portfolio managers and serves as a diversification tool for portfolios heavily weighted toward developed market securities.
Fund Family Eaton Vance
Category Emerging Markets Bond
Performance Rating High
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol EELDX
Share Class Class R6
Index Index is not available on Lipper Database
EELDX had a total return of 16.76% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.11%.