- What does EEIIX invest in?
- The fund's objective is to achieve its financial goals by strategically deploying capital into various investment vehicles, such as securities, derivatives, and other financial instruments, focusing on opportunities within emerging markets. A core component of its strategy, referred to as the "80% Policy," mandates that at least 80% of its net assets (including any funds borrowed for investment purposes) must be channeled into one or more of the following: (i) assets denominated in the local currencies of emerging market countries; (ii) fixed-income instruments issued by corporations or governments in emerging market nations; and/or (iii) derivative contracts whose value is tied to the currencies, interest rates, or underlying issues of emerging market economies. The portfolio maintains a non-diversified investment approach.
- What is the expense ratio of EEIIX?
- Eaton Vance Emerging Markets Local Income Fund (EEIIX) charges an expense ratio of 0.93%. This is the annual fee deducted from fund assets to cover management and operations.
- What is EEIIX's dividend yield?
- EEIIX's trailing-twelve-month yield is 8.67%, calculated from the sum of dividends over the past year divided by the current price.
- How big is EEIIX?
- Eaton Vance Emerging Markets Local Income Fund (EEIIX) manages $1.78B 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 EEIIX actively managed or an index fund?
- EEIIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was EEIIX launched?
- Eaton Vance Emerging Markets Local Income Fund (EEIIX) launched in November 2009 and is managed by Eaton Vance.
