About EIEAX
Eaton Vance Tax-Managed Equity Asset Allocation Fund Class I is a mutual fund focused on providing long-term, after-tax returns through a diversified approach to equity investing. Managed by Eaton Vance, a part of Morgan Stanley Investment Management, the fund primarily invests in a variety of Eaton Vance Tax-Managed Portfolios spanning different equity market capitalizations, sectors, and investment styles. Notably, it allocates assets across U.S. and international equities, as well as preferred and hybrid securities, to achieve broad diversification and risk mitigation. The fund emphasizes strategies that aim to minimize shareholder tax liability, including low portfolio turnover and a long-term investment perspective. Its holdings typically include prominent technology, financial, and consumer companies, reflecting a tilt towards large-cap growth and value segments. Designed to appeal to tax-sensitive investors and those seeking a comprehensive equity allocation in a single fund, it carries an institutional share class structure, with a significant minimum investment. Overall, it plays a key role in the market by blending asset allocation and tax efficiency for investors with multiyear investment horizons.
Fund Family Eaton Vance
Category Allocation--85%+ Equity
Performance Rating High
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol EIEAX
Share Class Class I
Index Russell 3000 TR
EIEAX had a total return of 14.98% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.75%.
