1 / 5 Stars
3 3 1 1 1
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#29 in Emerging Markets Bond
U.S. News evaluated 96 Emerging Markets Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -11.53 percent over the past year, 0.15 percent over the past three years, and 9.38 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||-1.3%|
|3 Years (Annualized)||0.2%|
|5 Years (Annualized)||9.4%|
|10 Years (Annualized)||N/A|
The investment seeks total return. The fund seeks its investment objective by investing in securities, derivatives and other instruments to establish investment exposures to emerging markets. It invests at least 80% of net assets in (i) securities denominated in currencies of emerging market countries, (ii) fixed income instruments issued by emerging market entities or sovereign nations, and/or (iii) derivative instruments, denominated in or based on the currencies, interest rates, or issues of, emerging market countries. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Eaton Vance Emerging Markets Local Income Fund has an expense ratio of 1.39 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.