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Trending ETFs

Eaton Vance Tax-Managed Multi-Cap Growth Fund

mutual fund
EACPX
Payout Change
Pending
Price as of:
$55.86 +0.13 +0.23%
primary theme
U.S. Large-Cap Growth Equity
share class
EACPX (Mutual Fund)

Eaton Vance Tax-Managed Multi-Cap Growth Fund

Payout Change
Pending
Price as of:
$55.86 +0.13 +0.23%
primary theme
U.S. Large-Cap Growth Equity
share class
EACPX (Mutual Fund)

Eaton Vance Tax-Managed Multi-Cap Growth Fund

Payout Change
Pending
Price as of:
$55.86 +0.13 +0.23%
primary theme
U.S. Large-Cap Growth Equity
share class

Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$55.86

$144 M

0.00%

1.26%

Vitals

YTD Return

11.2%

1 yr return

26.4%

3 Yr Avg Return

7.0%

5 Yr Avg Return

14.2%

Net Assets

$144 M

Holdings in Top 10

53.8%

52 WEEK LOW AND HIGH

$55.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.26%

SALES FEES

Front Load 5.25%

Deferred Load N/A

TRADING FEES

Turnover 13.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$55.86

$144 M

0.00%

1.26%

EACPX - Profile

Distributions

  • YTD Total Return 11.2%
  • 3 Yr Annualized Total Return 7.0%
  • 5 Yr Annualized Total Return 14.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.83%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Eaton Vance Tax-Managed Multi-Cap Growth Fund
  • Fund Family Name
    EatonVance
  • Inception Date
    Jan 09, 2003
  • Shares Outstanding
    2602032
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Lewis Piantedosi

Fund Description

The Fund invests in a portfolio consisting primarily of common stocks of companies that are expected, over the long term, to have earnings growth that is faster than the growth of the U.S. economy and the U.S. stock market as a whole. Growth companies owned by the Fund may include both large established market leaders, as well as smaller, less seasoned companies. The Fund may invest up to 25% of its total assets in foreign securities issued by companies domiciled in developed or emerging market countries. As an alternative to holding foreign stocks directly, the Fund may invest in U.S. dollar-denominated securities of foreign companies that trade on U.S. exchanges or in the over-the-counter market (including depositary receipts, such as American Depositary Receipts, which are either sponsored or unsponsored and evidence ownership in underlying foreign stocks). The Fund may invest in exchange-traded funds (“ETFs”), a type of pooled investment vehicle, in order to manage cash positions or seek exposure to certain markets or market sectors. The Fund may also invest in publicly traded real estate investment trusts (“REITs”) and may lend its securities. The Fund may at times invest 25% or more of its total assets in a particular sector. The Fund is “non-diversified”, which means it may invest a greater percentage of its assets in the securities of a single issuer than a “diversified” fund.

Buy and sell decisions are made by balancing investment considerations and tax considerations, and taking into account the taxes payable by shareholders in connection with distributions of investment income and net realized gains.  The Fund seeks to minimize income distributions and distributions of realized short-term gains that are taxed as ordinary income, as well as distributions of realized long-term gains (taxed as long-term capital gains).  Investment decisions are made primarily on the basis of fundamental research. The portfolio manager utilizes information provided by, and the expertise of, the investment adviser’s research staff in making investment decisions. In selecting stocks, the portfolio manager considers (among other factors) a company’s earnings or cash flow capabilities, dividend prospects, financial strength, growth potential, the strength of the company’s business franchises and management team, sustainability of a company’s competitiveness, and estimates of the company’s net value. The portfolio manager may sell a security when the investment adviser’s price objective for the security is reached, the fundamentals of the company deteriorate, a security’s price falls below acquisition cost or to pursue more attractive investment options. The portfolio manager seeks to manage investment risk by maintaining broad industry exposure among the Fund’s holdings, and by conducting an analysis of the risk and return characteristics of securities (as described above) in which the Fund invests.

The Fund currently invests substantially all of its assets in the Portfolio, a separate registered investment company with the same investment objective and policies as the Fund.  References to the Fund’s investments include investments held indirectly through the Portfolio in which the Fund invests.

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EACPX - Performance

Return Ranking - Trailing

Period EACPX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.2% -14.1% 33.7% 82.12%
1 Yr 26.4% -20.0% 60.2% 71.24%
3 Yr 7.0%* -30.5% 24.9% 55.80%
5 Yr 14.2%* -16.1% 29.6% 69.62%
10 Yr 12.7%* -6.3% 19.7% 62.61%

* Annualized

Return Ranking - Calendar

Period EACPX Return Category Return Low Category Return High Rank in Category (%)
2023 41.8% -74.1% 72.4% 21.32%
2022 -29.6% -85.9% 4.7% 25.69%
2021 14.8% -52.4% 60.5% 27.54%
2020 29.4% -34.3% 145.0% 39.77%
2019 29.0% -21.8% 49.4% 23.94%

Total Return Ranking - Trailing

Period EACPX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.2% -14.1% 33.7% 82.12%
1 Yr 26.4% -20.0% 60.2% 71.24%
3 Yr 7.0%* -30.5% 24.9% 55.80%
5 Yr 14.2%* -16.1% 29.6% 69.62%
10 Yr 12.7%* -6.3% 19.7% 62.61%

* Annualized

Total Return Ranking - Calendar

Period EACPX Return Category Return Low Category Return High Rank in Category (%)
2023 41.8% -4.6% 72.4% 32.33%
2022 -29.6% -61.7% 5.6% 40.91%
2021 18.5% -39.8% 118.1% 68.75%
2020 33.6% 2.8% 149.2% 55.91%
2019 31.9% -5.2% 49.4% 60.99%

NAV & Total Return History


EACPX - Holdings

Concentration Analysis

EACPX Category Low Category High EACPX % Rank
Net Assets 144 M 242 K 269 B 84.25%
Number of Holdings 53 2 3211 61.56%
Net Assets in Top 10 109 M 109 K 129 B 77.06%
Weighting of Top 10 53.75% 0.7% 205.0% 34.42%

Top 10 Holdings

  1. Apple Inc 10.45%
  2. Microsoft Corp 10.16%
  3. Amazon.com Inc 7.82%
  4. Visa Inc Class A 4.41%
  5. Alphabet Inc Class C 4.22%
  6. Alphabet Inc Class A 4.16%
  7. UnitedHealth Group Inc 3.91%
  8. Salesforce.com Inc 3.05%
  9. Meta Platforms Inc Class A 3.01%
  10. Monolithic Power Systems Inc 2.86%

Asset Allocation

Weighting Return Low Return High EACPX % Rank
Stocks
99.78% 0.00% 134.69% 14.89%
Cash
0.22% 0.00% 173.52% 79.25%
Preferred Stocks
0.00% 0.00% 8.99% 57.09%
Other
0.00% -44.39% 50.04% 60.60%
Convertible Bonds
0.00% 0.00% 1.94% 50.75%
Bonds
0.00% 0.00% 104.29% 53.33%

Stock Sector Breakdown

Weighting Return Low Return High EACPX % Rank
Technology
37.49% 0.00% 65.70% 41.34%
Consumer Cyclical
14.62% 0.00% 62.57% 58.22%
Healthcare
14.36% 0.00% 39.76% 33.07%
Communication Services
13.53% 0.00% 66.40% 17.41%
Industrials
7.80% 0.00% 30.65% 25.33%
Financial Services
6.27% 0.00% 43.06% 77.92%
Consumer Defense
3.93% 0.00% 25.50% 46.35%
Basic Materials
2.00% 0.00% 18.91% 34.48%
Utilities
0.00% 0.00% 16.07% 65.17%
Real Estate
0.00% 0.00% 16.05% 84.08%
Energy
0.00% 0.00% 41.09% 77.31%

Stock Geographic Breakdown

Weighting Return Low Return High EACPX % Rank
US
98.18% 0.00% 134.69% 48.69%
Non US
1.60% 0.00% 74.83% 24.17%

EACPX - Expenses

Operational Fees

EACPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.26% 0.01% 28.71% 28.71%
Management Fee 0.80% 0.00% 1.50% 87.74%
12b-1 Fee 0.25% 0.00% 1.00% 42.88%
Administrative Fee 0.15% 0.01% 1.02% 73.28%

Sales Fees

EACPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.25% 2.25% 8.50% 72.96%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

EACPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

EACPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 13.00% 0.00% 316.74% 14.50%

EACPX - Distributions

Dividend Yield Analysis

EACPX Category Low Category High EACPX % Rank
Dividend Yield 0.00% 0.00% 27.58% 71.60%

Dividend Distribution Analysis

EACPX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual SemiAnnual Annual

Net Income Ratio Analysis

EACPX Category Low Category High EACPX % Rank
Net Income Ratio -0.83% -6.13% 3.48% 81.52%

Capital Gain Distribution Analysis

EACPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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EACPX - Fund Manager Analysis

Managers

Lewis Piantedosi


Start Date

Tenure

Tenure Rank

Nov 01, 2013

8.58

8.6%

Lewis R. Piantedosi, Vice President of BMR, has managed the Portfolio since May 2006.Lew is a Vice President of Eaton Vance Management, a member of the Equity Strategy Committee and lead portfolio manager of Eaton Vance’s Large-Cap Growth Equity and Focused Growth Equity strategies. Lew plays a central role in the research evaluation and decision-making process and represents the Large Cap Growth strategies to current and prospective clients. Lew also coordinates the day-to-day management of the Large Cap Growth portfolios. While the strategy is managed by the two-member Large Cap Growth Management Team, as the lead portfolio manager, Lew is ultimately responsible for all buy-and-sell decisions. Lew’s experience in the investment management industry dates back to 1993. He joined Eaton Vance in 1999 after serving as partner, portfolio manager and equity analyst with Freedom Capital Management. He had previously been associated with Eaton Vance Management as a research analyst from 1993 to 1996 and rejoined the company in his current position in 1999. Lew graduated from Framingham State College with a B.A. in Economics and received an M.B.A. with a concentration in Finance from Bentley College. His commentary has appeared in Barron’s, Bloomberg TV, The Boston Globe, Business Week, The New York Times, The Pittsburgh Post-Gazette, SmartMoney, Standard & Poor's, Toronto Globe & Mail, and The Wall Street Journal, among other publications.

Douglas Rogers


Start Date

Tenure

Tenure Rank

Dec 31, 2018

3.42

3.4%

Doug is a Vice President of Eaton Vance Management and an Equity Analyst covering the computer software, investment banking/ investment management and money center bank industries. His experience in the investment management industry dates back to 1999. Prior to joining Eaton Vance in 2001, Doug was a research analyst covering the computer software and internet industries with Endeca. Doug graduated from the United States Naval Academy in Annapolis, Maryland with a B.S. in Systems Engineering. He received an M.B.A. from Harvard University Graduate School of Business Administration and is a holder of the Chartered Financial Analyst (CFA) designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.23 3.08