2 / 5 Stars
4 4 5 3 2
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 121 Long/Short Equity 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 13.86 percent over the past year, 5.73 percent over the past three years, and 4.21 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||3.4%|
|3 Years (Annualized)||5.7%|
|5 Years (Annualized)||4.2%|
|10 Years (Annualized)||N/A|
The investment seeks total return. Under normal market conditions, the fund invests at least 80% of its total assets in a diversified portfolio of common stocks. It invests in large- and mid- capitalization common stocks of U.S. issuers. The fund may also invest up to 40% of its total assets in securities of foreign issuers, some of which may be located in emerging market countries. It intends to write (sell) call options and purchase put options and/or enter into put option spreads on securities and on one or more broad-based U.S. stock indices, including put options and put spreads on exchange-traded funds (" ETFs ") that replicate such indices.
Fees are Above Average compared to funds in the same category.
Eaton Vance Risk-Managed Equity Option Fund has an expense ratio of 2.25 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.