Eaton Vance Short Duration Inflation-Protected Income Fund (EARRX)
Eaton Vance Short Duration Inflation-Protected Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $9.90, up 0.00% on the session, giving a market capitalisation of $542.1M. Its beta of 0.18 implies it has historically moved less than the broad market.
This fund dedicates a minimum of 80% of its net assets, including any borrowed capital, to investments specifically designed to protect against inflation. These inflation-sensitive holdings primarily consist of two types: first, inflation-indexed debt securities with various maturities, issued by a broad range of entities such as the U.S. government, international governments, their agencies, corporations, and other organizations; and second, other fixed or floating-rate debt instruments (including junior and senior loans) for which the fund enters into agreements to swap conventional interest payments for ones tied to fluctuations in the U.S. Consumer Price Index (CPI) or alternative inflation metrics. The fund maintains a non-diversified portfolio.
Eaton Vance Short Duration Inflation-Protected Income Fund is most often compared with the following Financial Services names: