About EIISX
Parametric International Equity Fund Class I is an institutional mutual fund specializing in international equities, primarily targeting developed markets outside the United States. Its investment objective is long-term capital appreciation, achieved by employing a rules-based, top-down approach that blends fundamental and quantitative analysis to select securities. The portfolio is built for broad diversification across countries, sectors, and issuers included in the MSCI Europe, Australasia, and Far East Index (EAFE), while systematically rebalancing to manage concentration risk and capture gains by selling into market strength and buying into weakness. The fund invests across a wide spectrum of market capitalizations and styles, including both growth and value stocks, and typically holds a large number of securities—over 850 individual equity holdings at a time—ensuring extensive diversification. With a low expense ratio relative to peers and a focus on minimizing turnover, the fund provides institutional investors with efficient, diversified exposure to developed international equity markets, serving as a core holding within a global equity allocation strategy.
Fund Family Eaton Vance
Category Foreign Large Blend
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol EIISX
Share Class Class I
Index MSCI EAFE NR USD
EIISX had a total return of 13.01% in the past year, including dividends.
Since the fund's inception, the average annual return has been 7.18%.
