Parametric Emerging Markets Fund Class R6 (EREMX)
| Fund Assets | 181.23M |
| Expense Ratio | 1.17% |
| Min. Investment | $1,000,000 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 2.92% |
| Dividend Growth | 12.82% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 16.12 |
| YTD Return | 15.97% |
| 1-Year Return | 15.89% |
| 5-Year Return | 51.07% |
| 52-Week Low | 13.17 |
| 52-Week High | 16.19 |
| Beta (5Y) | n/a |
| Holdings | 1203 |
| Inception Date | Jul 1, 2014 |
About EREMX
Parametric Emerging Markets Fund Class R6 is an open-end mutual fund dedicated to achieving long-term capital appreciation by investing primarily in equity securities of companies located in emerging market countries. The fund allocates at least 80% of its assets to these equities, focusing on nations not classified as developed markets and therefore excluded from the MSCI World Index. With a strong emphasis on diversification, the fund typically holds positions across more than 1,200 securities, aiming to distribute its investments broadly across countries, sectors, and issuers. Parametric Emerging Markets Fund Class R6 employs a disciplined, rules-based investment strategy, using systematic rebalancing and quantitative models to target underrepresented countries and sectors, thereby minimizing concentration risk relative to standard capitalization-weighted benchmarks. The fund’s approach allows it to seek advantages from quantitative and behavioral market characteristics unique to emerging markets. Managed by Eaton Vance, this share class is tailored for institutional investors or large plans, featuring a high minimum investment and annual dividend distributions. It plays a key role in providing portfolio exposure to emerging markets, which can offer distinct growth and diversification potential within a global investment strategy.
Performance
EREMX had a total return of 15.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.97%.
Top 10 Holdings
7.54% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 1.39% |
| Tencent Holdings Limited | 0700 | 1.10% |
| America Movil SAB de CV Series L | n/a | 0.80% |
| Delta Electronics (Thailand) PCL | DELTA | 0.73% |
| Naspers Limited | NPN | 0.71% |
| Samsung Electronics Co., Ltd. | 005930 | 0.65% |
| MercadoLibre, Inc. | MELI | 0.56% |
| Bharti Airtel Limited | BHARTIARTL | 0.55% |
| Infosys Limited | INFY | 0.54% |
| Reliance Industries Limited | RELIANCE | 0.51% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.4708 | Dec 31, 2024 |
| Dec 28, 2023 | $0.4173 | Dec 29, 2023 |
| Dec 29, 2022 | $0.6133 | Dec 30, 2022 |
| Dec 29, 2021 | $0.3062 | Dec 30, 2021 |
| Dec 29, 2020 | $0.2199 | Dec 30, 2020 |
| Aug 18, 2020 | $0.0213 | Aug 19, 2020 |