Eaton Vance Global Macro Absolute Return Fund (ERGMX)
| Fund Assets | 2.58B |
| Expense Ratio | 1.70% |
| Min. Investment | $1,000 |
| Turnover | 156.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 5.44% |
| Dividend Growth | 9.33% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 30, 2025 |
| Previous Close | 8.73 |
| YTD Return | 6.65% |
| 1-Year Return | 9.37% |
| 5-Year Return | 26.67% |
| 52-Week Low | 7.98 |
| 52-Week High | 8.74 |
| Beta (5Y) | n/a |
| Holdings | 1 |
| Inception Date | Apr 7, 2010 |
About ERGMX
The Eaton Vance Global Macro Absolute Return Fund Class R is an open-end mutual fund focused on delivering absolute returns through a flexible, globally oriented investment approach. Its primary function is to complement traditional asset classes by pursuing opportunities across global currency, sovereign fixed income, and credit markets without being constrained by a benchmark. The fund leverages a robust global macroeconomic and political research process to implement both long and short positions, aiming to generate positive returns in varying market environments and to provide diversification benefits. A notable feature of this fund is its unconstrained mandate, allowing it to adapt tactically to both improving and deteriorating markets and to manage risk dynamically. It historically targets low volatility, limited drawdowns, and a low correlation to conventional stock and bond markets. The fund’s portfolio includes a broad mix of exposure to foreign currencies, sovereign credits, and select equities, often adjusting based on shifting macroeconomic trends and relative value considerations. Managed by Eaton Vance, a recognized leader in global investing, the fund stands out for its long track record and strategic role in offering global diversification and risk-adjusted performance within a broader portfolio context.
Performance
ERGMX had a total return of 9.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.23%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 30, 2025 | $0.0361 | Jul 31, 2025 |
| Jun 27, 2025 | $0.0361 | Jun 30, 2025 |
| May 29, 2025 | $0.0361 | May 30, 2025 |
| Apr 29, 2025 | $0.0362 | Apr 30, 2025 |
| Mar 28, 2025 | $0.0362 | Mar 31, 2025 |
| Feb 27, 2025 | $0.0362 | Feb 28, 2025 |