Eaton Vance Atlanta Capital Select Equity Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.4%
1 yr return
21.8%
3 Yr Avg Return
5.0%
5 Yr Avg Return
11.8%
Net Assets
$777 M
Holdings in Top 10
56.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.81%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 11.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ESEIX - Profile
Distributions
- YTD Total Return 5.4%
- 3 Yr Annualized Total Return 5.0%
- 5 Yr Annualized Total Return 11.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.16%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
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Legal NameEaton Vance Atlanta Capital Select Equity Fund
-
Fund Family NameEatonVance
-
Inception DateJan 03, 2012
-
Shares Outstanding21376874
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerWilliam Bell
Fund Description
Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities (the “80% Policy”). The Fund normally invests in approximately 25 to 40 companies. The Fund may invest in companies across a broad capitalization range, including smaller companies, but primarily invests in mid- to large-cap companies with capitalizations comparable to those companies included in the Russell 1000® Index. Although it invests primarily in U.S.-traded securities (including depositary receipts, such as American Depositary Receipts (“ADRs”), which are either sponsored or unsponsored, that evidence ownership in underlying foreign stocks), the Fund may invest up to 25% of its total assets in foreign securities, including those trading in developed and emerging markets, and may invest in publicly traded real estate investment trusts (“REITs”). 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 is “non-diversified” and may invest a greater percentage of its assets in the securities of a single issuer than a “diversified” fund. The Fund may also lend its securities.
Through investment in high quality companies, the portfolio management team seeks to build a portfolio that may participate in rising markets while minimizing participation in declining markets. Quality is determined by analysis of a company’s financial statements and is measured by a company’s demonstrated ability to consistently grow earnings over the long-term. The portfolio managers believe high quality companies typically have strong balance sheets, sustainable cash flow, enduring competitive advantages, long product cycles, and stable demand over a business cycle, among other characteristics. The portfolio managers may utilize “financial quality rankings” provided by nationally recognized rating services as additional information.
The portfolio managers are responsible for fundamental analysis and security selection. They typically seek to purchase stocks of companies they believe are capable of sustaining consistent earnings and operating cash flow growth while maintaining a strong financial condition. Portfolio managers tend to favor companies with shareholder-oriented management teams and business models that may provide consistent demand over a business cycle along with high barriers to entry. Investments are determined based primarily on fundamental analysis of a company’s financial trends, products and services and other factors including portfolio managers’ assessment of company management. The portfolio managers seek to manage portfolio risk by constructing a diversified portfolio of what they believe to be attractively valued companies. The portfolio managers may sell a security when its fundamentals deteriorate, when it is no longer attractively valued, or when other securities are identified to displace a current holding.
ESEIX - Performance
Return Ranking - Trailing
Period | ESEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.4% | -13.4% | 20.8% | 80.22% |
1 Yr | 21.8% | -22.3% | 67.2% | 88.09% |
3 Yr | 5.0%* | -30.9% | 22.0% | 48.63% |
5 Yr | 11.8%* | -16.5% | 28.1% | 71.35% |
10 Yr | 11.9%* | -5.5% | 19.1% | 69.39% |
* Annualized
Return Ranking - Calendar
Period | ESEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.8% | -74.1% | 72.4% | 88.84% |
2022 | -17.2% | -85.9% | 4.7% | 1.84% |
2021 | 8.1% | -52.4% | 60.5% | 51.07% |
2020 | 12.1% | -34.3% | 145.0% | 92.27% |
2019 | 37.2% | -21.8% | 49.4% | 2.12% |
Total Return Ranking - Trailing
Period | ESEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.4% | -13.4% | 20.8% | 80.22% |
1 Yr | 21.8% | -22.3% | 67.2% | 88.09% |
3 Yr | 5.0%* | -30.9% | 22.0% | 48.63% |
5 Yr | 11.8%* | -16.5% | 28.1% | 71.35% |
10 Yr | 11.9%* | -5.5% | 19.1% | 69.39% |
* Annualized
Total Return Ranking - Calendar
Period | ESEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.9% | -4.6% | 72.4% | 91.96% |
2022 | -12.1% | -61.7% | 5.6% | 1.49% |
2021 | 15.5% | -39.8% | 118.1% | 78.95% |
2020 | 15.8% | 2.8% | 149.2% | 96.78% |
2019 | 38.5% | -5.2% | 49.4% | 8.20% |
NAV & Total Return History
ESEIX - Holdings
Concentration Analysis
ESEIX | Category Low | Category High | ESEIX % Rank | |
---|---|---|---|---|
Net Assets | 777 M | 242 K | 269 B | 60.74% |
Number of Holdings | 29 | 1 | 3211 | 93.12% |
Net Assets in Top 10 | 432 M | 104 K | 111 B | 57.56% |
Weighting of Top 10 | 56.41% | 0.7% | 205.0% | 21.02% |
Top 10 Holdings
- Fiserv Inc 6.97%
- TJX Cos Inc/The 6.51%
- White Mountains Insurance Group Ltd 6.15%
- CDW Corp/DE 6.14%
- Alphabet Inc 5.61%
- Global Payments Inc 5.61%
- Gartner Inc 5.22%
- Markel Group Inc 5.20%
- GoDaddy Inc 4.79%
- Ross Stores Inc 4.22%
Asset Allocation
Weighting | Return Low | Return High | ESEIX % Rank | |
---|---|---|---|---|
Stocks | 98.68% | 0.00% | 130.05% | 53.65% |
Cash | 1.38% | -1.50% | 173.52% | 43.72% |
Preferred Stocks | 0.00% | 0.00% | 7.84% | 63.58% |
Other | 0.00% | -43.49% | 50.04% | 64.94% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 58.50% |
Bonds | 0.00% | 0.00% | 104.29% | 61.04% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ESEIX % Rank | |
---|---|---|---|---|
Technology | 21.09% | 0.00% | 65.70% | 92.94% |
Financial Services | 18.20% | 0.00% | 43.06% | 7.48% |
Industrials | 16.13% | 0.00% | 30.65% | 4.17% |
Consumer Cyclical | 15.38% | 0.00% | 62.57% | 53.15% |
Healthcare | 13.92% | 0.00% | 39.76% | 38.18% |
Consumer Defense | 5.25% | 0.00% | 25.50% | 27.04% |
Communication Services | 5.04% | 0.00% | 66.40% | 88.27% |
Basic Materials | 4.99% | 0.00% | 18.91% | 9.18% |
Utilities | 0.00% | 0.00% | 16.07% | 70.15% |
Real Estate | 0.00% | 0.00% | 16.05% | 86.05% |
Energy | 0.00% | 0.00% | 41.09% | 80.02% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ESEIX % Rank | |
---|---|---|---|---|
US | 98.68% | 0.00% | 130.05% | 41.00% |
Non US | 0.00% | 0.00% | 78.10% | 71.22% |
ESEIX - Expenses
Operational Fees
ESEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.81% | 0.01% | 19.54% | 63.74% |
Management Fee | 0.69% | 0.00% | 1.50% | 65.98% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 1.02% | 79.68% |
Sales Fees
ESEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
ESEIX 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.
ESEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 11.00% | 0.00% | 316.74% | 11.31% |
ESEIX - Distributions
Dividend Yield Analysis
ESEIX | Category Low | Category High | ESEIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 27.63% | 77.13% |
Dividend Distribution Analysis
ESEIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Annual | Annual |
Net Income Ratio Analysis
ESEIX | Category Low | Category High | ESEIX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.16% | -6.13% | 3.48% | 36.74% |
Capital Gain Distribution Analysis
ESEIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
ESEIX - Fund Manager Analysis
Managers
William Bell
Start Date
Tenure
Tenure Rank
Jan 03, 2012
10.41
10.4%
William O. Bell, IV, CFA is a Vice President and Principal of the firm. He serves as a portfolio manager for Atlanta Capital's Small Cap, SMID Cap and Select Equity portfolios. He is also a member of the Management Committee. Prior to joining the firm in 1999, Mr. Bell was a portfolio manager with the Florida State Board of Administration where he was responsible for managing their internal special situation equity fund. Mr. Bell holds the Chartered Financial Analyst designation and is a graduate of Florida State University where he earned a Bachelor of Science degree in Business.
Charles Reed
Start Date
Tenure
Tenure Rank
Jan 03, 2012
10.41
10.4%
Charles B. Reed, CFA is a Managing Director, Core Equity and Principal of the firm. He serves as a portfolio manager for Atlanta Capital's Small Cap, SMID Cap and Select Equity portfolios. He is also a member of the Management Committee. Prior to joining the firm in 1998, Mr. Reed was a portfolio manager with the Florida State Board of Administration where he was responsible for managing their internal special situation equity fund. Mr. Reed holds the Chartered Financial Analyst designation and is a graduate of Florida State University where he earned a Bachelor of Science degree in Finance.
W. Hereford
Start Date
Tenure
Tenure Rank
Jan 03, 2012
10.41
10.4%
W. Matthew Hereford, CFA is a Vice President and Principal of the firm. He serves as a portfolio manager for Atlanta Capital's Small Cap, SMID Cap and Select Equity portfolios. He is also a member of the Management Committee. Prior to joining Atlanta Capital in 2002, Mr. Hereford worked for five years at Invesco Ltd. where he was responsible for managing their Concentrated Equity Portfolio. Mr. Hereford is a graduate from the University of Mississippi, where he earned a Bachelor of Business Administration degree in International Business. Mr. Hereford holds the Chartered Financial Analyst designation and is a member of the Atlanta Society of Finance and Investment Professionals.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.22 | 3.08 |