Parametric Emerging Markets Fund
Fund
EREMX
Price as of:
$19.58
+ $0.15
+ 0.77%
Primary Theme
fund company
Name
As of 06/02/2026Price
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
Vitals
YTD Return
13.4%
1 yr return
32.2%
3 Yr Avg Return
17.3%
5 Yr Avg Return
7.4%
Net Assets
$215 M
Holdings in Top 10
9.6%
52 WEEK LOW AND HIGH
$19.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.24%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 5.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/02/2026Price
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
EREMX - Profile
Distributions
- YTD Total Return 13.4%
- 3 Yr Annualized Total Return 17.3%
- 5 Yr Annualized Total Return 7.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.42%
- Dividend Yield 2.8%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameParametric Emerging Markets Fund
-
Fund Family NameEatonVance
-
Inception DateJul 01, 2014
-
Shares Outstanding116663
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerThomas 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”). 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 and may include a company’s stock which is trading in the form of a depositary receipt. 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, and 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 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”). The Fund may also lend its securities.
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, the Fund’s individual country allocation targets seek to 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 typically rebalanced to their target weights if they exceed a certain pre-determined overweight or fall below a certain pre-determined underweight. Rebalancing is intended to reduce 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 weigh them by their relative capitalization within that sector.
EREMX - Performance
Return Ranking - Trailing
| Period | EREMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.4% | -18.5% | 102.9% | 89.87% |
| 1 Yr | 32.2% | -14.2% | 239.7% | 86.08% |
| 3 Yr | 17.3%* | -0.2% | 66.1% | 86.05% |
| 5 Yr | 7.4%* | -11.3% | 25.5% | 45.82% |
| 10 Yr | 7.6%* | 0.8% | 21.5% | 89.52% |
* Annualized
Return Ranking - Calendar
| Period | EREMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 23.6% | -39.1% | 56.9% | 66.72% |
| 2024 | 2.3% | -24.0% | 31.7% | 70.35% |
| 2023 | 6.6% | -6.5% | 35.5% | 70.30% |
| 2022 | -15.1% | -50.1% | -2.4% | 5.05% |
| 2021 | 2.5% | -33.1% | 22.5% | 16.26% |
Total Return Ranking - Trailing
| Period | EREMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.4% | -18.5% | 102.9% | 89.87% |
| 1 Yr | 32.2% | -14.2% | 239.7% | 86.08% |
| 3 Yr | 17.3%* | -0.2% | 66.1% | 86.05% |
| 5 Yr | 7.4%* | -11.3% | 25.5% | 45.82% |
| 10 Yr | 7.6%* | 0.8% | 21.5% | 89.52% |
* Annualized
Total Return Ranking - Calendar
| Period | EREMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 27.5% | 0.1% | 87.2% | 75.71% |
| 2024 | 5.7% | -16.6% | 31.7% | 60.73% |
| 2023 | 9.8% | -2.5% | 42.0% | 62.40% |
| 2022 | -11.0% | -42.2% | 1.9% | 2.77% |
| 2021 | 4.6% | -32.5% | 33.1% | 22.32% |
NAV & Total Return History
EREMX - Holdings
Concentration Analysis
| EREMX | Category Low | Category High | EREMX % Rank | |
|---|---|---|---|---|
| Net Assets | 215 M | 682 K | 160 B | 71.14% |
| Number of Holdings | 1161 | 10 | 7640 | 7.41% |
| Net Assets in Top 10 | 21 M | 290 K | 47.3 B | 88.49% |
| Weighting of Top 10 | 9.65% | 2.9% | 107.6% | 99.21% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 2.02%
- Delta Electronics Thailand PCL 1.26%
- Tencent Holdings Ltd 1.13%
- Samsung Electronics Co Ltd 1.08%
- Vingroup JSC 0.78%
- America Movil SAB de CV 0.75%
- SK hynix Inc 0.73%
- Southern Copper Corp 0.64%
- Naspers Ltd 0.63%
- State Street Navigator Securities Lending Government Money Market Portfolio 0.63%
Asset Allocation
| Weighting | Return Low | Return High | EREMX % Rank | |
|---|---|---|---|---|
| Stocks | 98.97% | 0.00% | 102.89% | 20.50% |
| Preferred Stocks | 1.59% | 0.00% | 12.21% | 30.44% |
| Cash | 0.63% | -2.03% | 17.54% | 79.97% |
| Other | 0.00% | -0.56% | 10.07% | 35.49% |
| Convertible Bonds | 0.00% | 0.00% | 7.40% | 15.74% |
| Bonds | 0.00% | 0.00% | 138.18% | 22.71% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | EREMX % Rank | |
|---|---|---|---|---|
| Financial Services | 12.50% | 0.00% | 48.86% | 92.80% |
| Industrials | 11.56% | 0.00% | 43.53% | 11.04% |
| Basic Materials | 10.75% | 0.00% | 30.03% | 25.92% |
| Consumer Cyclical | 9.99% | 0.00% | 48.94% | 78.72% |
| Consumer Defense | 9.35% | 0.00% | 25.90% | 17.28% |
| Healthcare | 9.12% | 0.00% | 16.53% | 12.48% |
| Communication Services | 9.06% | 0.00% | 39.29% | 48.16% |
| Energy | 8.81% | 0.00% | 24.80% | 9.12% |
| Technology | 7.92% | 0.00% | 47.50% | 97.44% |
| Real Estate | 6.10% | 0.00% | 17.15% | 6.40% |
| Utilities | 4.84% | 0.00% | 39.12% | 5.60% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | EREMX % Rank | |
|---|---|---|---|---|
| Non US | 92.11% | 0.00% | 100.93% | 19.40% |
| US | 6.86% | 0.00% | 96.45% | 63.72% |
EREMX - Expenses
Operational Fees
| EREMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.24% | 0.02% | 26.99% | 50.95% |
| Management Fee | 1.00% | 0.00% | 1.50% | 80.73% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.15% | 0.01% | 0.85% | 72.31% |
Sales Fees
| EREMX 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
| EREMX 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.
| EREMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 5.00% | 0.00% | 189.00% | 2.17% |
EREMX - Distributions
Dividend Yield Analysis
| EREMX | Category Low | Category High | EREMX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.80% | 0.00% | 9.74% | 22.56% |
Dividend Distribution Analysis
| EREMX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| EREMX | Category Low | Category High | EREMX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.42% | -1.98% | 17.62% | 31.65% |
Capital Gain Distribution Analysis
| EREMX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Quarterly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 30, 2025 | $0.541 | OrdinaryDividend |
| Dec 30, 2024 | $0.471 | OrdinaryDividend |
| Dec 28, 2023 | $0.417 | OrdinaryDividend |
| Dec 29, 2022 | $0.613 | OrdinaryDividend |
| Dec 29, 2021 | $0.306 | OrdinaryDividend |
| Dec 29, 2020 | $0.220 | OrdinaryDividend |
| Aug 18, 2020 | $0.021 | OrdinaryDividend |
| Dec 27, 2019 | $0.410 | OrdinaryDividend |
| Dec 27, 2018 | $0.340 | OrdinaryDividend |
| Aug 09, 2018 | $0.010 | ExtraDividend |
| Dec 27, 2017 | $0.260 | OrdinaryDividend |
| Jul 26, 2017 | $0.155 | ExtraDividend |
| Dec 28, 2016 | $0.080 | OrdinaryDividend |
| Jun 15, 2016 | $0.155 | ExtraDividend |
| Dec 29, 2015 | $0.015 | OrdinaryDividend |
| May 21, 2015 | $0.019 | ExtraDividend |
| May 21, 2015 | $0.008 | CapitalGainShortTerm |
| May 21, 2015 | $0.170 | CapitalGainLongTerm |
| Dec 29, 2014 | $0.030 | CapitalGainShortTerm |
| Dec 29, 2014 | $0.048 | CapitalGainLongTerm |
| Dec 29, 2014 | $0.228 | OrdinaryDividend |
EREMX - 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.
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.
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.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 33.71 | 6.79 | 13.42 |