The small team helming Eaton Vance Government Opportunities steers the strategy with a relatively aggressive investment process. Onerous fees drag on its prospects, supporting a Morningstar Analyst Rating of Negative on all but its cheapest share class, which earns a Neutral.
Eaton Vance Government Opportunities A EVGOX
NAV / 1-Day Return
6.01
/
0.02
%
Total Assets
425.4 Mil
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.
1.080%
Expense Ratio
1.080%
Fee Level
High
Longest Manager Tenure
7.55
years
Category
Short Government
Credit Quality / Interest Rate Sensitivity
Medium / LimitedMin. Initial Investment
1,000
Status
Open
TTM Yield
1.78%
Effective Duration
1.13
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 EVGOX 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 EVGOX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the EVGOX 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 EVGOX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Aggressive, and costly, exposure to shorter-dated mortgages.
