Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Parametric Tax-Managed Emerging Markets Fund

EITEX | Fund

$54.57

$592 M

2.99%

$1.62

0.96%

Vitals

YTD Return

12.3%

1 yr return

32.2%

3 Yr Avg Return

17.1%

5 Yr Avg Return

6.8%

Net Assets

$592 M

Holdings in Top 10

10.9%

52 WEEK LOW AND HIGH

$54.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.96%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 19.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Parametric Tax-Managed Emerging Markets Fund

EITEX | Fund

$54.57

$592 M

2.99%

$1.62

0.96%

EITEX - Profile

Distributions

  • YTD Total Return 12.3%
  • 3 Yr Annualized Total Return 17.1%
  • 5 Yr Annualized Total Return 6.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.79%
DIVIDENDS
  • Dividend Yield 3.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Parametric Tax-Managed Emerging Markets Fund
  • Fund Family Name
    EatonVance
  • Inception Date
    Feb 18, 2004
  • Shares Outstanding
    13668058
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Thomas Seto

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 companies located in emerging market countries (the “80% Policy”). The Fund invests in equity securities of such companies generally consisting of common stock, but may also include company’s stock trading in the form of a depositary receipt (including American Depositary Receipts, which are either sponsored or unsponsored, and Global Depositary Receipts). A company will be considered to be located in an emerging market country if it is domiciled in and tied economically to one or more emerging market countries. Emerging market countries are generally countries not considered to be developed market countries, and therefore not included in the MSCI World Index. The Fund intends to invest primarily in securities issued by companies located in countries included in the MSCI Emerging Markets Index or the MSCI Frontier Markets Index. The MSCI Emerging Markets Index is an unmanaged index of common stocks of issuers in emerging markets countries. The MSCI Frontier Markets Index is an unmanaged index of common stocks of issuers in countries that have less-developed economies and financial markets than more established emerging markets. Frontier markets often have more restrictions on foreign stock ownership. Securities acquired by the Fund are typically listed on stock exchanges in emerging market countries, but also may include securities traded in markets outside these countries. The Fund may invest in securities issued by companies with a broad range of market capitalizations, including those of smaller, less seasoned companies. More than 25% of the Fund’s total assets may be denominated in any single currency. The Fund may invest in publicly traded real estate investment trusts (“REITs”) and may also lend its securities.
In managing the Fund, the portfolio managers seek to balance investment considerations and tax considerations, taking into account the taxes payable by shareholders in connection with distributions of investment income and net realized gains. The Fund seeks to minimize income distributions and distributions of realized short-term gains that are taxed as ordinary income, as well as distributions of realized long-term gains (taxed as long-term capital gains). The Fund seeks to employ a top-down, disciplined and systematic investment process that emphasizes broad exposure and diversification among emerging market countries, economic sectors and
issuers. This rules-based strategy utilizes targeted allocation and systematic rebalancing to take advantage of certain quantitative and behavioral characteristics of emerging markets identified by the portfolio managers. The investment process is periodically re-evaluated and may be adjusted to ensure that the process is consistent with the Fund’s investment objective and strategies. The portfolio managers select and allocate across countries based on factors such as size, liquidity, level of economic development, local economic diversification, and perceived risk and potential for growth. The Fund maintains a bias to broad inclusion; that is, the Fund intends to allocate its portfolio holdings to more emerging market countries rather than fewer emerging market countries. Relative to capitalization-weighted country indexes, individual country allocation targets emphasize the less represented emerging market countries and attempt to reduce concentration risks relative to a capitalization-weighted index. The Fund’s country allocations are rebalanced to their target weights if they exceed a certain pre-determined overweight or fall below a certain pre-determined underweight. Rebalancing has the effect of reducing exposure to countries with strong relative performance and increasing exposure to countries which have underperformed. The frequency of rebalancing depends on the volatility and trading costs of the individual country. At the portfolio level and within each country, the Fund seeks to maintain exposure across key economic sectors. Relative to capitalization-weighted country indexes, the portfolio managers target weights to these sectors to emphasize the less represented sectors. The portfolio managers use a quantitative model to select individual securities as representatives of their economic sectors and generally weight them by their relative capitalization within that sector.
Read More

EITEX - Performance

Return Ranking - Trailing

Period EITEX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.3% -18.5% 102.9% 89.86%
1 Yr 32.2% -14.2% 239.7% 86.05%
3 Yr 17.1%* -0.2% 66.1% 86.19%
5 Yr 6.8%* -11.3% 25.5% 53.26%
10 Yr 7.7%* 0.8% 21.5% 89.04%

* Annualized

Return Ranking - Calendar

Period EITEX Return Category Return Low Category Return High Rank in Category (%)
2025 22.7% -39.1% 56.9% 69.51%
2024 0.1% -24.0% 31.7% 78.99%
2023 4.1% -6.5% 35.5% 90.98%
2022 -20.1% -50.1% -2.4% 20.23%
2021 -4.8% -33.1% 22.5% 46.62%

Total Return Ranking - Trailing

Period EITEX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.3% -18.5% 102.9% 89.86%
1 Yr 32.2% -14.2% 239.7% 86.05%
3 Yr 17.1%* -0.2% 66.1% 86.19%
5 Yr 6.8%* -11.3% 25.5% 53.26%
10 Yr 7.7%* 0.8% 21.5% 89.04%

* Annualized

Total Return Ranking - Calendar

Period EITEX Return Category Return Low Category Return High Rank in Category (%)
2025 28.6% 0.1% 87.2% 70.14%
2024 4.7% -16.6% 31.7% 67.77%
2023 10.2% -2.5% 42.0% 59.81%
2022 -11.9% -42.2% 1.9% 5.06%
2021 4.5% -32.5% 33.1% 22.70%

NAV & Total Return History

EITEX - Holdings

Concentration Analysis

EITEX Category Low Category High EITEX % Rank
Net Assets 592 M 682 K 160 B 55.13%
Number of Holdings 1427 10 7640 4.27%
Net Assets in Top 10 61.1 M 290 K 47.3 B 71.56%
Weighting of Top 10 10.89% 2.9% 107.6% 98.58%

Top 10 Holdings

  1. Taiwan Semiconductor Manufacturing Co Ltd 2.58%
  2. Delta Electronics Thailand PCL 1.41%
  3. Samsung Electronics Co Ltd 1.14%
  4. Tencent Holdings Ltd 1.03%
  5. State Street Navigator Securities Lending Government Money Market Portfolio 0.96%
  6. America Movil SAB de CV 0.89%
  7. MTN Group Ltd 0.83%
  8. Turkiye Petrol Rafinerileri AS 0.71%
  9. Naspers Ltd 0.67%
  10. Petroleo Brasileiro SA - Petrobras 0.66%

Asset Allocation

Weighting Return Low Return High EITEX % Rank
Stocks 		98.24% 0.00% 102.89% 30.81%
Preferred Stocks 		1.37% 0.00% 12.21% 34.60%
Cash 		1.15% -2.03% 17.54% 60.19%
Other 		0.00% -0.56% 10.07% 65.88%
Convertible Bonds 		0.00% 0.00% 7.40% 61.78%
Bonds 		0.00% 0.00% 138.18% 64.61%

Stock Sector Breakdown

Weighting Return Low Return High EITEX % Rank
Financial Services 		12.74% 0.00% 48.86% 92.15%
Industrials 		11.68% 0.00% 43.53% 10.74%
Basic Materials 		11.02% 0.00% 30.03% 22.76%
Consumer Cyclical 		9.67% 0.00% 48.94% 80.61%
Communication Services 		9.46% 0.00% 39.29% 42.95%
Consumer Defense 		9.43% 0.00% 25.90% 16.51%
Healthcare 		9.10% 0.00% 16.53% 13.62%
Energy 		8.56% 0.00% 24.80% 10.74%
Technology 		8.06% 0.00% 47.50% 97.12%
Real Estate 		5.43% 0.00% 17.15% 8.17%
Utilities 		4.85% 0.00% 39.12% 5.29%

Stock Geographic Breakdown

Weighting Return Low Return High EITEX % Rank
Non US 		92.13% 0.00% 100.93% 18.64%
US 		6.11% 0.00% 96.45% 69.04%

EITEX - Expenses

Operational Fees

EITEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.96% 0.02% 26.99% 75.59%
Management Fee 0.45% 0.00% 1.50% 9.81%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.50% 0.01% 0.85% 96.39%

Sales Fees

EITEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

EITEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 60.43%

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.

EITEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 19.00% 0.00% 189.00% 14.43%

EITEX - Distributions

Dividend Yield Analysis

EITEX Category Low Category High EITEX % Rank
Dividend Yield 2.99% 0.00% 9.74% 2.69%

Dividend Distribution Analysis

EITEX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Annual Annual

Net Income Ratio Analysis

EITEX Category Low Category High EITEX % Rank
Net Income Ratio 1.79% -1.98% 17.62% 22.55%

Capital Gain Distribution Analysis

EITEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Distributions History

View More +

EITEX - Fund Manager Analysis

Managers

Thomas Seto

Start Date

Tenure

Tenure Rank

Mar 01, 2007

15.26

15.3%

Thomas is responsible for all portfolio management and trading related to our equity strategies. Prior to joining Parametric in 1998, Thomas served as the head of US Equity Index investments at Barclays Global Investors. He earned an MBA in finance from the University of Chicago Booth School of Business and a BS in electrical engineering from the University of Washington.

Jennifer Sireklove

Start Date

Tenure

Tenure Rank

May 01, 2019

3.08

3.1%

Jennifer leads the Investment Strategy Team at Parametric, which is responsible for all aspects of Parametric’s equity-based investment strategies. In addition, she has direct investment responsibility for Parametric’s Emerging Markets and International Equity Strategies and chairs Parametric’s Stewardship Committee. Previously she helped build Parametric’s active ownership and custom ESG portfolio construction practices. Prior to joining Parametric in 2013, she worked in equity research, primarily covering the energy, utility, and industrial sectors at firms including D.A. Davidson and McAdams Wright Ragen. Jennifer earned an MBA in finance and accounting from the University of Chicago and a BA in economics from Reed College. A CFA charterholder since 2006, Jennifer is a member of the CFA Society of Seattle.

Paul Bouchey

Start Date

Tenure

Tenure Rank

May 01, 2019

3.08

3.1%

Paul leads Parametric’s research and development activities across all strategies. He has authored numerous academic and practitioner articles in publications such as the Journal of Portfolio Management, the Journal of Wealth Management, and the Journal of Index Investing. Paul earned a BA in mathematics and physics from Whitman College and an MS in computational finance and risk management from the University of Washington. A CFA charterholder, he is a member of the CFA Society of Seattle.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 33.71 6.79 13.42

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.