About ETCMX
Eventide Balanced Fund Class C is a moderate allocation mutual fund designed to seek current income while maintaining the potential for capital appreciation. This fund employs a flexible investment strategy, allocating assets across a wide spectrum of income-producing securities, including both equities and fixed-income instruments. Its portfolio reflects notable diversification, with significant holdings in the technology, industrials, and financial services sectors. As of the latest data, the fund holds over 160 individual positions, with top allocations to companies such as nVent Electric, Trane Technologies, and CDW Corp, as well as a portion in cash and equivalents.
A distinguishing characteristic of the fund is its commitment to sustainable and ESG-focused investing, integrating environmental, social, and governance considerations at the core of its selection process. Established in 2015, the fund is actively managed and aims to serve investors seeking a balance between growth and income. It features a relatively high expense ratio compared to peers and distributes income monthly. Eventide Balanced Fund Class C plays a role in offering a values-driven, blended allocation strategy for individuals looking to diversify with both income generation and growth potential in mind.
Fund Family Eventide Funds
Category Allocation--50% to 70% Equity
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol ETCMX
Share Class Class C
Index Russell MidCap TR
ETCMX had a total return of 8.90% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.91%.
