Eaton Vance Large-Cap Value Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.7%
1 yr return
17.6%
3 Yr Avg Return
6.5%
5 Yr Avg Return
9.6%
Net Assets
$1.44 B
Holdings in Top 10
29.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.78%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 56.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ECSTX - Profile
Distributions
- YTD Total Return 5.7%
- 3 Yr Annualized Total Return 6.5%
- 5 Yr Annualized Total Return 9.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.30%
- Dividend Yield 0.1%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameEaton Vance Large-Cap Value Fund
-
Fund Family NameEatonVance
-
Inception DateApr 21, 1997
-
Shares Outstanding796961
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerEdward Perkin
Fund Description
Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of large-cap companies (the “80% Policy”). The portfolio managers generally consider large-cap companies to be those companies having market capitalizations within the range of companies included in the Russell 1000® Value Index, although the portfolio will generally consist of stocks with a market capitalization equal to or greater than the median market capitalization of companies included in such index. As of December 31, 2022, the range of companies in the Russell 1000® Value Index was $306 million to $1.2 trillion and the median market capitalization was $14 billion. Market capitalizations of companies within the Russell 1000® Value Index are subject to change. Under normal market conditions, the Fund invests primarily in value stocks. Value stocks are stocks that, in the opinion of the investment adviser, are inexpensive or undervalued relative to the intrinsic value of the company. The Fund primarily invests in dividend-paying stocks, but also may invest in non-income producing stocks. The Fund may invest in convertible debt securities of any credit quality (including securities rated below investment grade (so-called “junk”)). The Fund may invest up to 25% of its total assets in foreign securities, some of which may be issued by companies domiciled in emerging market countries. As an alternative to holding foreign stocks directly, the Fund may invest in U.S. dollar-denominated securities of foreign companies that trade on U.S. exchanges or in the over-the-counter market (including depositary receipts, such as American Depositary Receipts sponsored or unsponsored and Global Depositary Receipts, that evidence ownership in underlying foreign stocks). The Fund may invest in exchange-traded funds (“ETFs”), a type of pooled investment vehicle, in order to manage cash positions or seek exposure to certain markets or market sectors. The Fund may also invest in publicly traded real estate investment trusts (“REITs”) and may lend its securities.
Investment decisions are made primarily on the basis of fundamental research. The portfolio managers utilize information provided by, and the expertise of, the investment adviser’s research staff in making investment decisions. In selecting stocks, the portfolio managers consider (among other factors) a company’s earnings or cash flow capabilities, dividend prospects, financial strength, growth potential, the strength of the company’s business franchises and management team, sustainability of a company’s competitiveness, and estimates of the company’s net value. The portfolio managers may sell a security when the investment adviser’s price objective for the security is reached, the fundamentals of the company deteriorate, a security’s price falls below acquisition cost or to pursue more attractive investment options. The portfolio managers seek to manage investment risk by maintaining broad issuer and industry diversification among the Fund’s holdings, and by conducting an analysis of the risk and return characteristics of securities (as described above) in which the Fund invests. The portfolio managers may also consider financially material environmental, social and governance (“ESG”) factors in evaluating an issuer. These considerations may be taken into account alongside other fundamental research in the investment selection process.
ECSTX - Performance
Return Ranking - Trailing
Period | ECSTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.7% | -4.6% | 22.9% | 67.65% |
1 Yr | 17.6% | -5.2% | 43.4% | 76.24% |
3 Yr | 6.5%* | -3.0% | 31.6% | 80.60% |
5 Yr | 9.6%* | 0.3% | 44.3% | 71.12% |
10 Yr | 8.0%* | 1.3% | 24.9% | 73.96% |
* Annualized
Return Ranking - Calendar
Period | ECSTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.7% | -24.9% | 46.1% | 58.25% |
2022 | -6.7% | -65.1% | 4.6% | 16.43% |
2021 | 15.6% | -44.2% | 57.5% | 53.04% |
2020 | 0.2% | -23.2% | 285.0% | 44.42% |
2019 | 27.4% | -21.4% | 48.5% | 4.02% |
Total Return Ranking - Trailing
Period | ECSTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.7% | -4.6% | 22.9% | 67.65% |
1 Yr | 17.6% | -5.2% | 43.4% | 76.24% |
3 Yr | 6.5%* | -3.0% | 31.6% | 80.60% |
5 Yr | 9.6%* | 0.3% | 44.3% | 71.12% |
10 Yr | 8.0%* | 1.3% | 24.9% | 73.96% |
* Annualized
Total Return Ranking - Calendar
Period | ECSTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.1% | -15.9% | 46.7% | 79.60% |
2022 | -3.5% | -42.0% | 8.5% | 30.30% |
2021 | 23.4% | 3.6% | 129.7% | 78.20% |
2020 | 1.5% | -22.6% | 304.8% | 63.01% |
2019 | 28.8% | -12.7% | 52.1% | 16.38% |
NAV & Total Return History
ECSTX - Holdings
Concentration Analysis
ECSTX | Category Low | Category High | ECSTX % Rank | |
---|---|---|---|---|
Net Assets | 1.44 B | 93 | 163 B | 39.01% |
Number of Holdings | 58 | 2 | 1689 | 73.93% |
Net Assets in Top 10 | 428 M | 420 K | 33.9 B | 38.34% |
Weighting of Top 10 | 29.36% | 5.6% | 99.9% | 43.99% |
Top 10 Holdings
- Wells Fargo Co 3.82%
- American International Group Inc 3.35%
- Micron Technology Inc 3.29%
- Charles Schwab Corp/The 3.27%
- Constellation Brands Inc 2.92%
- Chevron Corp 2.76%
- Thermo Fisher Scientific Inc 2.63%
- ConocoPhillips 2.53%
- Zoetis Inc 2.44%
- Reinsurance Group of America Inc 2.36%
Asset Allocation
Weighting | Return Low | Return High | ECSTX % Rank | |
---|---|---|---|---|
Stocks | 99.53% | 1.86% | 108.42% | 20.75% |
Cash | 0.47% | -0.79% | 38.18% | 75.56% |
Preferred Stocks | 0.00% | 0.00% | 13.88% | 97.34% |
Other | 0.00% | -3.53% | 39.72% | 89.62% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 96.82% |
Bonds | 0.00% | -0.71% | 73.23% | 96.66% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ECSTX % Rank | |
---|---|---|---|---|
Healthcare | 20.90% | 0.00% | 30.08% | 13.04% |
Financial Services | 17.79% | 0.00% | 58.05% | 64.51% |
Industrials | 11.48% | 0.00% | 42.76% | 51.21% |
Technology | 9.21% | 0.00% | 54.02% | 63.82% |
Communication Services | 7.73% | 0.00% | 26.58% | 20.73% |
Consumer Defense | 7.50% | 0.00% | 34.10% | 64.68% |
Energy | 6.67% | 0.00% | 54.00% | 68.65% |
Utilities | 6.53% | 0.00% | 27.04% | 23.75% |
Consumer Cyclical | 5.20% | 0.00% | 22.74% | 62.18% |
Real Estate | 5.12% | 0.00% | 90.54% | 18.13% |
Basic Materials | 1.86% | 0.00% | 21.69% | 80.57% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ECSTX % Rank | |
---|---|---|---|---|
US | 97.68% | 1.86% | 108.42% | 52.66% |
Non US | 1.85% | 0.00% | 27.89% | 25.64% |
ECSTX - Expenses
Operational Fees
ECSTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.78% | 0.01% | 17.54% | 10.58% |
Management Fee | 0.63% | 0.00% | 1.50% | 61.58% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 99.51% |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
ECSTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | 1.00% | 0.95% | 5.00% | 97.78% |
Trading Fees
ECSTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
ECSTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 56.00% | 0.00% | 488.00% | 70.97% |
ECSTX - Distributions
Dividend Yield Analysis
ECSTX | Category Low | Category High | ECSTX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.13% | 0.00% | 37.10% | 59.20% |
Dividend Distribution Analysis
ECSTX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Quarterly | Annual |
Net Income Ratio Analysis
ECSTX | Category Low | Category High | ECSTX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.30% | -1.51% | 4.28% | 91.83% |
Capital Gain Distribution Analysis
ECSTX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 12, 2024 | $0.001 | OrdinaryDividend |
Dec 12, 2023 | $0.472 | OrdinaryDividend |
Sep 12, 2023 | $0.011 | OrdinaryDividend |
Jun 12, 2023 | $0.016 | OrdinaryDividend |
Mar 10, 2023 | $0.020 | OrdinaryDividend |
Dec 12, 2022 | $0.736 | OrdinaryDividend |
Sep 12, 2022 | $0.015 | OrdinaryDividend |
Jun 10, 2022 | $0.008 | OrdinaryDividend |
Mar 10, 2022 | $0.016 | OrdinaryDividend |
Sep 10, 2021 | $0.011 | OrdinaryDividend |
Jun 10, 2021 | $0.015 | OrdinaryDividend |
Mar 10, 2021 | $0.018 | OrdinaryDividend |
Dec 11, 2020 | $0.029 | OrdinaryDividend |
Sep 10, 2020 | $0.018 | OrdinaryDividend |
Jun 10, 2020 | $0.022 | OrdinaryDividend |
Mar 11, 2020 | $0.021 | OrdinaryDividend |
Sep 11, 2019 | $0.016 | OrdinaryDividend |
Jun 12, 2019 | $0.020 | OrdinaryDividend |
Sep 12, 2018 | $0.021 | OrdinaryDividend |
Jun 12, 2018 | $0.022 | OrdinaryDividend |
Mar 12, 2018 | $0.025 | OrdinaryDividend |
Sep 12, 2017 | $0.022 | OrdinaryDividend |
Jun 12, 2017 | $0.021 | OrdinaryDividend |
Mar 10, 2017 | $0.027 | OrdinaryDividend |
Dec 16, 2016 | $0.025 | OrdinaryDividend |
Sep 12, 2016 | $0.027 | OrdinaryDividend |
Jun 10, 2016 | $0.028 | OrdinaryDividend |
Mar 10, 2016 | $0.033 | OrdinaryDividend |
Sep 10, 2015 | $0.025 | OrdinaryDividend |
Jun 10, 2015 | $0.024 | OrdinaryDividend |
Mar 11, 2015 | $0.053 | OrdinaryDividend |
Sep 10, 2014 | $0.032 | OrdinaryDividend |
Jun 11, 2014 | $0.034 | OrdinaryDividend |
Mar 12, 2014 | $0.035 | OrdinaryDividend |
Sep 11, 2013 | $0.022 | OrdinaryDividend |
Jun 12, 2013 | $0.038 | OrdinaryDividend |
Mar 12, 2013 | $0.037 | OrdinaryDividend |
Dec 20, 2012 | $0.064 | OrdinaryDividend |
Sep 12, 2012 | $0.048 | OrdinaryDividend |
Jun 12, 2012 | $0.050 | OrdinaryDividend |
Mar 12, 2012 | $0.014 | OrdinaryDividend |
Dec 29, 2011 | $0.081 | OrdinaryDividend |
Sep 12, 2011 | $0.034 | OrdinaryDividend |
Jun 10, 2011 | $0.012 | OrdinaryDividend |
Mar 10, 2011 | $0.009 | OrdinaryDividend |
Dec 30, 2010 | $0.017 | OrdinaryDividend |
Sep 10, 2010 | $0.014 | OrdinaryDividend |
Jun 10, 2010 | $0.017 | OrdinaryDividend |
Mar 10, 2010 | $0.010 | OrdinaryDividend |
Dec 31, 2009 | $0.010 | OrdinaryDividend |
Sep 10, 2009 | $0.012 | OrdinaryDividend |
Jun 10, 2009 | $0.046 | OrdinaryDividend |
Mar 11, 2009 | $0.046 | OrdinaryDividend |
Dec 31, 2008 | $0.042 | OrdinaryDividend |
Sep 10, 2008 | $0.024 | OrdinaryDividend |
Jun 11, 2008 | $0.033 | OrdinaryDividend |
Mar 12, 2008 | $0.033 | OrdinaryDividend |
Sep 12, 2007 | $0.029 | OrdinaryDividend |
Jun 12, 2007 | $0.045 | OrdinaryDividend |
Mar 12, 2007 | $0.020 | OrdinaryDividend |
Dec 28, 2006 | $0.027 | OrdinaryDividend |
Sep 12, 2006 | $0.024 | OrdinaryDividend |
Jun 12, 2006 | $0.030 | OrdinaryDividend |
Mar 10, 2006 | $0.033 | OrdinaryDividend |
Dec 12, 2005 | $0.029 | OrdinaryDividend |
Sep 12, 2005 | $0.022 | OrdinaryDividend |
Jun 10, 2005 | $0.031 | OrdinaryDividend |
Mar 10, 2005 | $0.006 | OrdinaryDividend |
Dec 10, 2004 | $0.023 | OrdinaryDividend |
Sep 15, 2004 | $0.011 | OrdinaryDividend |
Jun 10, 2004 | $0.022 | OrdinaryDividend |
Mar 10, 2004 | $0.022 | OrdinaryDividend |
Dec 10, 2003 | $0.027 | OrdinaryDividend |
Aug 13, 2003 | $0.016 | OrdinaryDividend |
May 14, 2003 | $0.011 | OrdinaryDividend |
Oct 23, 2002 | $0.006 | OrdinaryDividend |
Jul 10, 2002 | $0.011 | OrdinaryDividend |
Apr 10, 2002 | $0.011 | OrdinaryDividend |
Jan 10, 2002 | $0.011 | OrdinaryDividend |
Nov 23, 2001 | $0.011 | OrdinaryDividend |
Mar 22, 2001 | $0.340 | OrdinaryDividend |
Jan 22, 1998 | $0.006 | OrdinaryDividend |
Oct 22, 1997 | $0.006 | OrdinaryDividend |
Jul 22, 1997 | $0.006 | OrdinaryDividend |
Apr 22, 1997 | $0.006 | OrdinaryDividend |
ECSTX - Fund Manager Analysis
Managers
Edward Perkin
Start Date
Tenure
Tenure Rank
Jun 30, 2014
7.92
7.9%
Edward J. Perkin is a vice president and chief equity investment officer of Eaton Vance Management. He is responsible for all equity disciplines at Eaton Vance, including U.S and global equity portfolios in value, core, growth and dividend income styles and covering large-cap, multicap, midcap and small-cap ranges. Eddie joined Eaton Vance in April 2014 from Goldman Sachs Asset Management (GSAM) in London, where he was chief investment officer (international and emerging-market equity) as well as managing director/portfolio manager (Europe, EAFE and global). In this role, he was responsible for leading a 50-person team of portfolio managers and analysts in eight locations. Before relocating to London in 2008, Mr. Perkin was a portfolio manager and analyst on GSAM’s U.S. value equity team in New York. Mr. Perkin was previously associated with FISERV and American Retirement Insurance Services. Eddie earned a B.A. in economics from the University of California, Santa Barbara, and an MBA from Columbia Business School. He is a CFA charter holder.
Aaron Dunn
Start Date
Tenure
Tenure Rank
Dec 08, 2017
4.48
4.5%
Aaron Dunn is a vice president of Eaton Vance Management, co-director of value equity on Eaton Vance’s value team, where he also serves as a portfolio manager. He is responsible for buy and sell decisions, portfolio construction and risk management, as well as coverage of the energy sector. He is a member of the firm’s Equity Strategy Committee. He joined Eaton Vance in 2012. Aaron began his career in the investment management industry in 2000. Before joining Eaton Vance, Aaron was a senior equity analyst for Pioneer Global Asset Management. He was previously affiliated with Invesco and U.S. Global Investors. Aaron earned a B.S. from the University of Arkansas and an MBA from The University of Texas at Austin McCombs School of Business. He is a member of the CFA Society Boston and a CFA charterholder.
Bradley Galko
Start Date
Tenure
Tenure Rank
Feb 03, 2020
2.32
2.3%
Bradley Galko is a vice president of Eaton Vance Management and a portfolio manager on Eaton Vance’s value team. He is responsible for buy and sell decisions, portfolio construction and risk management, as well as coverage of the industrials and materials sectors. He is a member of the firm’s Equity Strategy Committee. He joined Eaton Vance in 2013. Brad began his career in the investment management industry in 1991. Before joining Eaton Vance, Brad was a vice president and senior equity analyst at Pioneer Investment Management. Previously, he was a vice president and senior equity research analyst at Morgan Stanley & Co. Brad earned a B.B.A., magna cum laude, from the University of Notre Dame. He is a CFA charterholder and member of the CFA Society Boston.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.01 | 16.42 |