Eaton Vance Growth Fund Class I (ELCIX)
| Fund Assets | 414.44M |
| Expense Ratio | 0.79% |
| Min. Investment | $250,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 2.91 |
| Dividend Yield | 6.15% |
| Dividend Growth | -4.60% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 5, 2024 |
| Previous Close | 46.79 |
| YTD Return | 6.87% |
| 1-Year Return | 13.28% |
| 5-Year Return | 107.39% |
| 52-Week Low | 36.17 |
| 52-Week High | 48.30 |
| Beta (5Y) | 1.12 |
| Holdings | 52 |
| Inception Date | May 3, 2007 |
About ELCIX
Eaton Vance Growth Fund Class I is a mutual fund that primarily targets long-term capital appreciation by investing in a diversified portfolio of U.S. companies demonstrating above-average growth prospects and strong financial characteristics. Managed with a disciplined, long-term approach, the fund focuses on acquiring shares in established franchise businesses at attractive valuations. It utilizes a bottom-up investment process grounded in thorough fundamental research, combined with risk management practices, to evaluate each company's risk and reward profile. This "growth-at-a-reasonable price" philosophy allows the fund to capture the potential of growth equity investing while maintaining a focus on valuation, offering a balance between upside potential and risk mitigation. Eaton Vance Growth Fund Class I is considered suitable as a core holding for investors seeking access to leading growth-oriented companies across multiple industries, reflecting its role in supporting diversified equity exposure within the broader financial market. The fund is managed by Eaton Vance, a part of Morgan Stanley Investment Management, and tracks its performance relative to the Russell 1000 Growth Index benchmark.
Performance
ELCIX had a total return of 13.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.45%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWUAX | Vanguard | Vanguard U.S. Growth Fund Admiral™ Shares | 0.22% |
Top 10 Holdings
55.53% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 10.06% |
| Microsoft Corporation | MSFT | 8.06% |
| Amazon.com, Inc. | AMZN | 7.67% |
| Apple Inc. | AAPL | 7.00% |
| Alphabet Inc. | GOOGL | 5.09% |
| Broadcom Inc. | AVGO | 4.61% |
| Meta Platforms, Inc. | META | 4.16% |
| Netflix, Inc. | NFLX | 3.21% |
| Eli Lilly and Company | LLY | 2.95% |
| The TJX Companies, Inc. | TJX | 2.71% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 5, 2024 | $2.9103 | Dec 6, 2024 |
| Dec 7, 2023 | $3.0506 | Dec 8, 2023 |
| Dec 8, 2022 | $1.5164 | Dec 9, 2022 |
| Dec 9, 2021 | $3.3606 | Dec 10, 2021 |
| Dec 10, 2020 | $2.006 | Dec 11, 2020 |
| Aug 18, 2020 | $0.5054 | Aug 19, 2020 |