Parametric Commodity Strategy Fund Class I (EIPCX)
| Fund Assets | 1.78B |
| Expense Ratio | 0.67% |
| Min. Investment | $50,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 5.16% |
| Dividend Growth | 59.21% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 6.69 |
| YTD Return | 9.58% |
| 1-Year Return | 9.81% |
| 5-Year Return | 110.41% |
| 52-Week Low | 6.06 |
| 52-Week High | 6.81 |
| Beta (5Y) | n/a |
| Holdings | 84 |
| Inception Date | May 25, 2011 |
About EIPCX
The Parametric Commodity Strategy Fund Class I is a mutual fund designed to provide diversified exposure to commodities through derivative instruments. Its primary function is to deliver returns based on the performance of various commodities, such as grains, minerals, metals, and energies. The fund employs a systematic investment process that aims to exploit quantitative and behavioral characteristics in commodity markets. It seeks to manage risk by maintaining a diversified portfolio across different commodity sectors, using factors like volatility, liquidity, and perceived risk to guide its investment decisions. The fund plays a significant role in the financial market by offering investors a way to gain exposure to commodity markets without directly investing in physical assets, thereby providing a unique investment opportunity for those seeking broad commodity exposure.
Performance
EIPCX had a total return of 9.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.32%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VCMDX | Vanguard | Vanguard Commodity Strategy Fund Admiral Shares | 0.16% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| EAPCX | Class A | 0.92% |
Top 10 Holdings
59.09% of assets| Name | Symbol | Weight |
|---|---|---|
| Morgan Stanley & Co. LLC - Morgan Stanley Institutional Liquidity Funds - Government Portfolio | n/a | 16.11% |
| United States Treasury - U.S. Treasury Bills | B.0 02.19.26 | 8.17% |
| United States Treasury - U.S. Treasury Notes | T.4.875 11.30.25 | 6.69% |
| United States Treasury - U.S. Treasury Notes | T.0.25 07.31.25 | 5.71% |
| SPDR Gold Minishares Trust of beneficial interest | GLDM | 5.65% |
| United States Treasury - U.S. Treasury Bills | B.0 05.15.25 | 4.08% |
| United States Treasury - U.S. Treasury Inflation-Indexed Notes | TII.0.125 04.15.25 | 3.56% |
| United States Treasury - U.S. Treasury Bills | B.0 09.04.25 | 3.24% |
| United States Treasury - U.S. Treasury Inflation-Indexed Notes | TII.0.375 07.15.25 | 2.99% |
| United States Treasury - U.S. Treasury Notes | n/a | 2.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.3482 | Dec 20, 2024 |
| Dec 21, 2023 | $0.2187 | Dec 22, 2023 |
| Dec 20, 2022 | $0.9615 | Dec 21, 2022 |
| Dec 21, 2021 | $0.8729 | Dec 22, 2021 |
| Dec 23, 2020 | $0.1719 | Dec 24, 2020 |
| Dec 27, 2019 | $0.0817 | Dec 30, 2019 |