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Eaton Vance Short Duration Gov Inc I EILDX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
8.06  /  0.13 %
Total Assets
11.2 Bil
Adj. Expense Ratio
0.570%
Expense Ratio
0.570%
Fee Level
High
Longest Manager Tenure
6.98 years
Category
Ultrashort Bond
Credit Quality / Interest Rate Sensitivity
High / Limited
Min. Initial Investment
250,000
Status
Open
TTM Yield
1.86%
Effective Duration
0.56 years

USD | NAV as of Jun 23, 2021 | 1-Day Return as of Jun 23, 2021, 9:50 PM GMT+00:00

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Morningstar’s Analysis

Will EILDX outperform in future?

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

Process Pillar

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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

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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

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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.

Analyst

Summary

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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.

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