Eaton Vance Tax-Managed Equity Asset Allocation Fund (EAEAX)
Eaton Vance Tax-Managed Equity Asset Allocation Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $44.04, up 0.14% on the session, giving a market capitalisation of $952.9M. Its beta of 1.22 implies it has historically moved more than the broad market.
This fund primarily invests in a diverse array of tax-advantaged portfolios, which are sponsored by Eaton Vance Management and its associated entities. These underlying portfolios are mandated to invest at least 80% of their net assets in equity holdings. Furthermore, the fund has the discretion to commit up to 25% of its total assets to such tax-managed portfolios that focus on small or developing companies, and it may also allocate as much as 35% of its total assets to those portfolios primarily investing in international securities.
Eaton Vance Tax-Managed Equity Asset Allocation Fund is most often compared with the following Financial Services names: