Morningstar

Eaton Vance Balanced Fund Class R ERIFX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Eaton Vance Investment Hub
  • NAV / 1-Day Return $12.67  /  −0.31 %
  • Fund Size $1.0B
  • Adjusted Expense Ratio 1.210%
  • Net Expense Ratio 1.210%
  • Fee Level: Distribution Average
  • Share Class Type Retirement, Medium
  • Morningstar Category Moderate Allocation
  • Equity Style Box (Funds) Large Blend
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Investment Status Open
  • TTM Yield 0.93%
  • Turnover Ratio 4%
NAV and 1-Day Return as of

Morningstar’s Analysis ERIFX

Will ERIFX 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 ERIFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ERIFX 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 ERIFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A straightforward balanced strategy driven by security selection.

Analyst Mahi Roy

Mahi Roy

Analyst

Summary

Eaton Vance Balanced is guided by an experienced team and follows a straightforward asset-allocation strategy, but it lacks a clear competitive advantage. A trio of managers takes a sensible approach to this strategy’s allocation. The portfolio tends to stay close to its standard split of 60% US equities and 40% US bonds, though managers can move within 5 percentage points of the strategic allocation. Keeping the strategy’s overall allocation fairly static means bottom-up security selection within its underlying sleeves drives performance.

by Mahi Roy
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ERIFX

More ERIFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 32.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

5.97 64M
Technology

Microsoft Corp

4.19 45M
Technology

Alphabet Inc Class C

3.95 43M
Communication Services

Federal National Mortgage Association 5%

3.62 39M
Securitized

Amazon.com Inc

3.29 35M
Consumer Cyclical

Apple Inc

3.27 35M
Technology

Broadcom Inc

2.50 27M
Technology

JPMorgan Chase & Co

2.04 22M
Financial Services

Visa Inc Class A

1.79 19M
Financial Services

Coca-Cola Co

1.70 18M
Consumer Defensive

Sponsor Center