Morningstar

Eaton Vance Emerging Markets Local Income Fund Class A EEIAX

Morningstar Medalist Rating
Medalist Rating as of | See Eaton Vance Investment Hub
  • NAV / 1-Day Return 3.60  /  +0.56 %
  • Total Assets 1.8B
  • Adj. Expense Ratio
    1.150%
  • Expense Ratio 1.180%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Emerging-Markets Local-Currency Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 10.00%
  • Effective Duration —

USD | NAV as of Jun 17, 2026 | 1-Day Return as of Jun 17, 2026, 12:14 AM GMT+0

Morningstar’s Analysis EEIAX

Will EEIAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable EEIAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the EEIAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of EEIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Team stabilization is welcomed here

Analyst Jeana Doubell

Jeana Doubell

Analyst

Summary

This remains one of the biggest emerging-market debt groups in the industry. However, the team struggled with significant turnover from 2021 through 2023, and it is comforting to see the cohort returning to stability.

by Jeana Doubell
Rated on Published on

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Portfolio Holdings EEIAX

More EEIAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Morgan Stanley Inst Lqudty Gov Sec Ins

14.74 263M
Cash and Equivalents

United States Treasury Bills 0%

4.08 73M
Government

Egypt (Arab Republic of) 0%

3.01 54M
Government

Mexico (United Mexican States) 8.5%

2.83 51M
Government

South Africa (Republic of) 8.875%

2.80 50M
Government

South Africa (Republic of) 9%

1.98 35M
Government

Poland Govt Bond Fixed Coupon 2.000000 Maturity 20360825

1.95 35M
Government

Us Dollars

1.88 34M
Cash and Equivalents

Mexican Bonos Fixed Coupon 7.750000 Maturity 20341123

1.75 31M
Government

South Africa (Republic of) 8.75%

1.44 26M
Government

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