- What does EDIIX invest in?
- The Eaton Vance Global Income Builder Fund aims to strategically allocate capital across a broad spectrum of securities. These include common and preferred equities, other hybrid investment vehicles, and various debt offerings such as fixed and floating-rate instruments, which are collectively referred to as "income instruments." The fund sources these investments from both U.S. and international entities. Under normal market circumstances, the fund adheres to specific investment criteria: 1. At least 30% of its net assets will be dedicated to securities or other instruments issued by entities located outside the United States, with the potential to include those from developing economies. 2. Its holdings will encompass issuers based in a minimum of five distinct countries, including the United States.
- What is the expense ratio of EDIIX?
- Eaton Vance Global Income Builder Fund (EDIIX) charges an expense ratio of 0.92%. This is the annual fee deducted from fund assets to cover management and operations.
- What is EDIIX's dividend yield?
- EDIIX's trailing-twelve-month yield is 5.33%, calculated from the sum of dividends over the past year divided by the current price.
- How big is EDIIX?
- Eaton Vance Global Income Builder Fund (EDIIX) manages $311.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is EDIIX actively managed or an index fund?
- EDIIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was EDIIX launched?
- Eaton Vance Global Income Builder Fund (EDIIX) launched in January 2006 and is managed by Eaton Vance.
