Eaton Vance Tax Managed Fund Quote
| EIMGX Fund | USD 30.83 0.14 0.46% |
Performance3 of 100
| Odds Of DistressLess than 22
|
Eaton Vance is trading at 30.83 as of the 23rd of April 2024; that is 0.46 percent up since the beginning of the trading day. The fund's open price was 30.69. Eaton Vance has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Eaton Vance Tax Managed are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
The fund invests primarily in a diversified portfolio of publicly traded common stocks of small-cap companies that, in the opinion of the investment adviser, are expected to achieve earnings growth over the long term that exceeds the average of all publicly-traded small-cap companies in the United States. More on Eaton Vance Tax Managed
Moving together with Eaton Mutual Fund
| 0.86 | ERBCX | Eaton Vance Richard | PairCorr |
| 0.79 | ERLVX | Eaton Vance Large | PairCorr |
| 0.84 | ERSMX | Eaton Vance Atlanta | PairCorr |
| 0.84 | EADIX | Eaton Vance Tax | PairCorr |
| 0.66 | EAFHX | Eaton Vance Floating | PairCorr |
| 0.78 | EATVX | Eaton Vance Tax | PairCorr |
Eaton Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Eaton Vance's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Eaton Vance or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Eaton Vance Funds, Large Funds, Small Growth Funds, Small Growth, Eaton Vance (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of March 2023 |
| Fiscal Year End | October |
Eaton Vance Tax Managed [EIMGX] is traded in USA and was established 23rd of April 2024. Eaton Vance is listed under Eaton Vance category by Fama And French industry classification. The fund is listed under Small Growth category and is part of Eaton Vance family. This fund currently has accumulated 123.43 M in assets under management (AUM) with no minimum investment requirementsEaton Vance Tax is currently producing year-to-date (YTD) return of 0.72% with the current yeild of 0.0%, while the total return for the last 3 years was 0.34%.
Check Eaton Vance Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Eaton Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Eaton Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Eaton Vance Tax Managed Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Eaton Vance Tax Managed Mutual Fund Constituents
| LSTR | Landstar System | Stock | Industrials |
| ENV | Envestnet | Stock | Information Technology |
| CHH | Choice Hotels International | Stock | Consumer Discretionary |
| AZEK | Azek Company | Stock | Industrials |
| DLB | Dolby Laboratories | Stock | Information Technology |
| OGS | One Gas | Stock | Utilities |
| ESNT | Essent Group | Stock | Financials |
Eaton Vance Target Price Odds Analysis
Based on a normal probability distribution, the odds of Eaton Vance jumping above the current price in 90 days from now is about 63.82%. The Eaton Vance Tax Managed probability density function shows the probability of Eaton Vance mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Eaton Vance Tax Managed has a beta of -0.0506 suggesting as returns on the benchmark increase, returns on holding Eaton Vance are expected to decrease at a much lower rate. During a bear market, however, Eaton Vance Tax Managed is likely to outperform the market. Additionally, eaton Vance Tax Managed has an alpha of 0.0515, implying that it can generate a 0.0515 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Eaton Vance to move above the current price in 90 days from now is about 63.82 (This Eaton Vance Tax Managed probability density function shows the probability of Eaton Mutual Fund to fall within a particular range of prices over 90 days) .
Eaton Vance Tax Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Eaton Vance market risk premium is the additional return an investor will receive from holding Eaton Vance long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Eaton Vance. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Eaton Vance's alpha and beta are two of the key measurements used to evaluate Eaton Vance's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7318 | |||
| Semi Deviation | 1.01 | |||
| Standard Deviation | 0.9781 | |||
| Variance | 0.9567 |
Eaton Vance Against Markets
Picking the right benchmark for Eaton Vance mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Eaton Vance mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Eaton Vance is critical whether you are bullish or bearish towards Eaton Vance Tax Managed at a given time. Please also check how Eaton Vance's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Eaton Vance without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run My Watchlist Analysis Now
My Watchlist AnalysisAnalyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |
| All Next | Launch Module |
How to buy Eaton Mutual Fund?
Before investing in Eaton Vance, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Eaton Vance. To buy Eaton Vance fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Eaton Vance. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Eaton Vance fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Eaton Vance Tax Managed fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Eaton Vance Tax Managed fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Eaton Vance Tax Managed, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Eaton Vance Tax Managed?
The danger of trading Eaton Vance Tax Managed is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Eaton Vance is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Eaton Vance. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Eaton Vance Tax is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance Tax Managed. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Eaton Vance Tax information on this page should be used as a complementary analysis to other Eaton Vance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.