Eaton Vance China Equity Fund Class I (EICGX)
| Fund Assets | 39.76M |
| Expense Ratio | 1.26% |
| Min. Investment | $250,000 |
| Turnover | 77.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 1.97% |
| Dividend Growth | -70.94% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 5, 2024 |
| Previous Close | 17.54 |
| YTD Return | 17.77% |
| 1-Year Return | 37.88% |
| 5-Year Return | -12.37% |
| 52-Week Low | 12.49 |
| 52-Week High | 18.15 |
| Beta (5Y) | n/a |
| Holdings | 48 |
| Inception Date | Oct 1, 2009 |
About EICGX
Eaton Vance China Equity Fund Class I is a mutual fund designed to achieve long-term capital appreciation by investing primarily in equity securities of companies located within the Greater China region, encompassing both mainland China and Hong Kong. The fund targets a broad spectrum of market capitalizations, including exposure to both large, established firms and smaller companies poised for growth. Its investment approach emphasizes identifying companies expected to benefit from China’s economic development, political reform, rising wealth, and increased standards of living. The fund’s selection criteria include management quality, financial strength, historical earnings growth, and sustainable demand trends, aiming to capture opportunities driven by the region’s dynamic economic landscape. Launched in 2009, the fund offers institutional investors diversified access to China’s growth through a portfolio that typically holds around 44-45 securities, with significant allocations to leading technology, financial, and consumer companies. Eaton Vance China Equity Fund Class I plays a strategic role for investors seeking concentrated exposure to Greater China’s equity markets as part of an emerging markets or international holdings allocation.
Performance
EICGX had a total return of 37.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.72%.
Top 10 Holdings
61.75% of assets| Name | Symbol | Weight |
|---|---|---|
| Tencent Holdings Limited | 0700 | 20.60% |
| China Construction Bank Corporation | CICHF | 7.44% |
| Morgan Stanley & Co. LLC - Morgan Stanley Institutional Liquidity Funds - Government Portfolio | MVRXX | 5.84% |
| Alibaba Group Holding Limited | BABAF | 5.82% |
| Xiaomi Corporation | 1810 | 4.99% |
| Meituan | 3690 | 4.60% |
| Trip.com Group Limited | 9961 | 3.67% |
| BYD Company Limited | BYDDF | 3.02% |
| Industrial and Commercial Bank of China Limited | IDCBF | 2.96% |
| PDD Holdings Inc. | PDD | 2.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 5, 2024 | $0.345 | Dec 6, 2024 |
| Dec 7, 2023 | $1.1872 | Dec 8, 2023 |
| Dec 8, 2022 | $1.0756 | Dec 9, 2022 |
| Dec 9, 2021 | $1.3141 | Dec 10, 2021 |
| Dec 10, 2020 | $2.8568 | Dec 11, 2020 |
| Dec 12, 2019 | $0.862 | Dec 13, 2019 |