About ERABX
Eaton Vance Total Return Bond Fund Class R6 is an intermediate core-plus bond mutual fund designed to provide total return, primarily through current income, with a secondary focus on capital appreciation. The fund employs a diversified approach, investing at least 80% of its assets in a wide array of fixed income instruments, such as U.S. government securities, investment-grade and high-yield corporate bonds, mortgage-backed and asset-backed securities, as well as select non-U.S. dollar-denominated and emerging market debt. A distinctive feature is its flexibility to seek relative value opportunities both within and outside its benchmark, including up to 35% in non-investment-grade and non-USD bonds. Managed by an experienced team, the fund emphasizes risk management and a nimble, issuer-focused security selection process. The Class R6 share class caters to institutional investors and employer-sponsored benefit plans, with a high minimum investment threshold. As of mid-2025, the fund manages billions in assets, maintains a low expense ratio, and distributes income monthly. Its broad, actively managed portfolio aims to complement traditional core bond strategies and plays a significant role in diversified institutional fixed income allocations.
Fund Family Eaton Vance
Category Intermediate Core-Plus Bond
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol ERABX
Share Class Class R6
Index Bloomberg U.S. Universal TR
ERABX had a total return of 5.49% in the past year, including dividends.
Since the fund's inception, the average annual return has been 6.59%.
