The small team leading Eaton Vance Short Duration Government Income runs an adventurous and mortgage-focused process that sets it apart from its ultrashort bond Morningstar Category cohort. Unattractive fees drag its two pricier share classes to a Morningstar Analyst Rating of Negative while its cheapest remains Neutral.
Eaton Vance Short Duration Gov Inc I EILDX
NAV / 1-Day Return
7.94
/
0.00
%
Total Assets
9.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.570%
Expense Ratio
0.570%
Fee Level
High
Longest Manager Tenure
7.56
years
Category
Ultrashort Bond
Credit Quality / Interest Rate Sensitivity
High / LimitedMin. Initial Investment
250,000
Status
Open
TTM Yield
1.75%
Effective Duration
0.15
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will EILDX outperform in 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 EILDX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the EILDX 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 EILDX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Short-dated mortgage exposure with a hefty price tag.
