Though Eaton Vance Income Fund of Boston continues to boast a strong team, its execution hasn’t kept up with nimbler options in the high-yield bond Morningstar Category. The strategy receives a Morningstar Analyst Rating downgrade to Neutral from Bronze on its cheaper share classes, while its most expensive share class is rated Negative.
Will ECIBX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ECIBX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the ECIBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of ECIBX’s parent organization’s priorities and whether they’re in line with investors’ interests.