Charles Reed - Eaton Vance Fund Manager
| ERSMX Fund | USD 30.76 0.40 1.28% |
Charles B. Reed, CFA is a Managing Director, Core Equity and Principal of the firm. He serves as a portfolio manager for Atlanta Capitals Small Cap, SMID Cap and Select Equity portfolios. He is also a member of the Management Committee. Prior to joining the firm in 1998, Mr. Reed was a portfolio manager with the Florida State Board of Administration where he was responsible for managing their internal special situation equity fund. Mr. Reed holds the Chartered Financial Analyst designation and is a graduate of Florida State University where he earned a BS degree in Finance.
| Phone | 800-262-1122 |
Eaton Vance Management Performance (%)
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| Showing other executives | One Year Return | ||
| Adam Weigold | Eaton Vance Municipal | N/A | |
| Scott Wennerholm | Eaton Vance Mbf | 60 | |
| Mark Fetting | Eaton Vance Mbf | 65 | |
| Adam Weigold | Eaton Vance Msschsts | N/A | |
| Thomas Faust | Eaton Vance Mbf | 61 | |
| Valerie Mosley | Eaton Vance Mbf | 59 | |
| Adam Weigold | Eaton Vance New | N/A | |
| James Kirchner | Eaton Vance Mbf | 52 | |
| Scott Eston | Eaton Vance Mbf | 60 | |
| Richard Bernstein | Eaton Vance Richard | N/A | |
| Ronald Pearlman | Eaton Vance Mbf | 74 | |
| Adam Weigold | Eaton Vance Municipal | N/A | |
| Cynthia Frost | Eaton Vance Mbf | 58 | |
| Paul ONeil | Eaton Vance Mbf | 63 | |
| Richard Bernstein | Eaton Vance Richard | N/A | |
| Susan Sutherland | Eaton Vance Mbf | 62 | |
| John Redding | Eaton Vance Multi Asset | N/A | |
| Adam Weigold | Eaton Vance Municipal | N/A | |
| George Gorman | Eaton Vance Mbf | 67 | |
| Helen Peters | Eaton Vance Mbf | 71 | |
| Harriett Taggart | Eaton Vance Mbf | 70 | |
Eaton Vance Atlanta Management Team
Elected by the shareholders, the Eaton Vance's board of directors comprises two types of representatives: Eaton Vance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eaton. The board's role is to monitor Eaton Vance's management team and ensure that shareholders' interests are well served. Eaton Vance's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Eaton Vance's outside directors are responsible for providing unbiased perspectives on the board's policies.
| W Hereford, Fund Manager since December 31, 2004 | ||
| William Bell, Fund Manager | ||
| Charles Reed, Fund Manager |
Eaton Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right mutual fund is not an easy task. Is Eaton Vance a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Price To Earning | 24.07 X | ||||
| Price To Book | 3.32 X | ||||
| Price To Sales | 2.06 X | ||||
| Total Asset | 9.37 B | ||||
| Year To Date Return | 3.21 % | ||||
| One Year Return | 16.29 % | ||||
| Three Year Return | 4.53 % | ||||
| Five Year Return | 9.94 % | ||||
| Ten Year Return | 13.05 % | ||||
| Net Asset | 13.02 B |
Pair Trading with Eaton Vance
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eaton Vance position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eaton Vance will appreciate offsetting losses from the drop in the long position's value.Moving together with Eaton Mutual Fund
| 0.74 | EMAIX | Eaton Vance Msschsts | PairCorr |
| 0.61 | EMOIX | Eaton Vance Municipal | PairCorr |
| 0.65 | EIM | Eaton Vance Mbf | PairCorr |
The ability to find closely correlated positions to Eaton Vance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eaton Vance when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eaton Vance - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eaton Vance Atlanta to buy it.
The correlation of Eaton Vance is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eaton Vance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eaton Vance Atlanta moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eaton Vance can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance Atlanta. 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 population. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.