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Parametric Tax-Managed Emerg Mkt Instl (EITEX) Fund Ranking and Research

Ranking, Research and Recommendation of Parametric Tax-Managed Emerg Mkt Instl (EITEX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) ManagerFund Manager - Timothy W. Atwill

Fund Manager Information

Fund Manager Tenure: 4.2 years
Fund Family: Eaton Vance
Fund Category: Diversified Emerging Mkts
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.62)     (What does this score mean?)

 

Graph of Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) ProfileParametric Tax-Managed Emerg Mkt Instl Fund (EITEX) Profile

Fund Profile and Description

Parametric Tax-Managed Emerg Mkt Instl Fund seeks long-term, after-tax returns for its shareholders. Parametric Tax-Managed Emerg Mkt Instl Fund normally invests at least 80% of net assets in equity securities of companies located in emerging market countries, which are those considered to be developing. It invests in companies with a broad range of market capitalizations, including smaller companies. Parametric Tax-Managed Emerg Mkt Instl Fund may invest directly in foreign currencies and may also invest in other pooled investment vehicles and may lend its securities. It may engage in derivative transactions as a substitute for the purchase or sale of securities or currencies or to attempt to mitigate the adverse effects of foreign currency fluctuations.

 

Parametric Tax-Managed Emerg Mkt Instl (EITEX) Fund Strength What we like about Parametric Tax-Managed Emerg Mkt Instl (EITEX) Fund

Data for Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) as of May 30, 2016

  • Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) management has been with Parametric Tax-Managed Emerg Mkt Instl Fund for 4.2 years
  • Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) has good short-term performance (1-year return -13.57% vs -15.05% Diversified Emerging Mkts category median performance)
  • Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) has good mid-term performance (3-year return -4.33% vs -4.69% Diversified Emerging Mkts category median performance)
  • Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) has good Long-term performance (5-year return -3.42% vs -4.42% Diversified Emerging Mkts category median performance)
  • Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) has a Morningstar rating of 4 and above
  • Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) has an annual stock turnover rate of 10.00% vs Diversified Emerging Mkts average of 62.02%. It is good that Parametric Tax-Managed Emerg Mkt Instl management does not trade extensively for its return.
  • Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) is less volatile than its peers as it has a 3-year Standard Deviation of 14.64, lower than category average of 15.48
  • Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) has a lower expense ratio than its Diversified Emerging Mkts average: 0.95% vs 1.51%
  • Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) Weakness What we are cautious about Parametric Tax-Managed Emerg Mkt Instl (EITEX) Fund

Data for Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) as of May 30, 2016

  • Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) ratio of up-years vs down years can be improved
  • Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) is less safe compared to its Diversified Emerging Mkts peers
  • Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) does not have a good risk adjusted return as its 3-year Alpha of -4.44 is worse than category average of -4.36, and its 3-year Sharpe ratio is -0.24
See Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) performance details as of May 30, 2016

 

What do you think?

 

Compare Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX)Compare with other top Diversified Emerging Mkts category mutual funds

Aadditional top Diversified Emerging Mkts mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Parametric Tax-Managed Emerg Mkt Instl5.26-13.57-4.33-3.42
American Funds New World R6 (RNWGX)1.36-8.40-0.230.45Compare
Huntington Global Select Markets Instl (HGSIX)-1.92-9.990.89-1.30Compare
American Funds New World 529A (CNWAX)1.17-8.83-0.68-0.01Compare

See top fund managers for Diversified Emerging Mkts Category Funds

 

Compare Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX)Compare with Diversified Emerging Mkts category ETFs

Some Diversified Emerging Mkts ETFs for your consideration

ETFYear to DateOne YearThree Year
Guggenheim MSCI Em Mkts Eql Cntry Wt ETF (EWEM)000
SPDR S&P Emerging Markets Small Cap ETF (EWX)000
SPDR S&P Emerging Markets Dividend ETF (EDIV)000
Schwab Emerging Markets Equity ETF (SCHE)000
iShares MSCI Emerging Markets Mini Vol (EEMV)000

 

Graph of Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) Net Asset TrackingParametric Tax-Managed Emerg Mkt Instl (EITEX) Fund Net Asset

Track net asset change of Parametric Tax-Managed Emerg Mkt Instl fund (EITEX)

DateNet Asset
05/2016$2.79B
03/2016$2.86B
02/2016$2.58B
More historic net asset information on Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX)

  

Graph of Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) Portfolio TrackingParametric Tax-Managed Emerg Mkt Instl (EITEX) Fund Portfolio Allocation

Track portfolio allocation change of Parametric Tax-Managed Emerg Mkt Instl fund (EITEX)

DateCashStockBondOther
03/20160.36%97.21%0.04%2.16%
01/20160.59%97.13%0.05%2.03%
12/20150.16%97.45%0.05%2.13%
Click here to see more historic asset allocation information on Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX)

 

graph of Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) Top 10 Position TrackingTop 10 Holdings in Parametric Tax-Managed Emerg Mkt Instl (EITEX) Fund

Discover what Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX) manager is buying

Mar 30, 2016
America Movil SAB de CV Class L [0.99%]
CHINA MOBILE HONG KO [0.9%]
Naspers Ltd Class N [0.75%]
OAO GAZPROM ADR [0.68%]
SBERBANK RUSSIA [0.67%]
MTN Group Ltd [0.67%]
OTP Bank PLC [0.66%]
Grupo Televisa SAB CPO Terms:25 Shs-A- + 35 Shs-L- + 35 Shs-D- + 22 Sh-B- [0.63%]
Magnit PJSC [0.58%]

Jan 30, 2016
America Movil SAB de CV Class L [0.98%]
CHINA MOBILE HONG KO [0.98%]
OTP Bank PLC [0.75%]
Naspers Ltd Class N [0.75%]
Mtn Group Ltd [0.71%]
KOMERCNI BANKA AS [0.68%]
Grupo Televisa SAB CPO Terms:25 Shs-A- + 35 Shs-L- + 35 Shs-D- + 22 Sh-B- [0.67%]
OAO GAZPROM ADR [0.63%]
Magnit PJSC [0.62%]
Richter Gedeon N [0.61%]

Dec 30, 2015
CHINA MOBILE HONG KO [0.95%]
America Movil SAB de CV Class L [0.93%]
Naspers Ltd Class N [0.77%]
OTP Bank PLC [0.69%]
Grupo Televisa SAB CPO Terms:25 Shs-A- + 35 Shs-L- + 35 Shs-D- + 22 Sh-B- [0.66%]
Mtn Group Ltd [0.66%]
OAO GAZPROM ADR [0.62%]
KOMERCNI BANKA AS [0.61%]
Magnit PJSC [0.6%]
SBERBANK RUSSIA [0.6%]
Click here for Stock Holding Change Map in Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX)

  

Latest News on Parametric Tax-Managed Emerg Mkt Instl (EITEX) Fund

See what is happening with Parametric Tax-Managed Emerg Mkt Instl Fund (EITEX)

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