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Trending ETFs

Eaton Vance Greater China Growth Fund

mutual fund
ECCGX
Payout Change
Suspended
Price as of:
$12.17 -0.05 -0.41%
primary theme
China Region Equity
ECCGX (Mutual Fund)

Eaton Vance Greater China Growth Fund

Payout Change
Suspended
Price as of:
$12.17 -0.05 -0.41%
primary theme
China Region Equity
ECCGX (Mutual Fund)

Eaton Vance Greater China Growth Fund

Payout Change
Suspended
Price as of:
$12.17 -0.05 -0.41%
primary theme
China Region Equity

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

$12.17

$34.1 M

0.00%

2.43%

Vitals

YTD Return

1.0%

1 yr return

-12.9%

3 Yr Avg Return

-18.3%

5 Yr Avg Return

-4.5%

Net Assets

$34.1 M

Holdings in Top 10

66.9%

52 WEEK LOW AND HIGH

$12.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.43%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 10.00%

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

$12.17

$34.1 M

0.00%

2.43%

ECCGX - Profile

Distributions

  • YTD Total Return 1.0%
  • 3 Yr Annualized Total Return -18.3%
  • 5 Yr Annualized Total Return -4.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.77%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Eaton Vance Greater China Growth Fund
  • Fund Family Name
    EatonVance
  • Inception Date
    Jun 17, 1994
  • Shares Outstanding
    55156
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Leon Sun

Fund Description

Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of companies located in the China region (the “80% Policy”). The Fund invests primarily in common stocks of companies that, in the opinion of the investment sub-adviser, will benefit from the economic development and growth of the People’s Republic of China. The China region includes Hong Kong, China and Taiwan, and may include securities trading in the form of depositary receipts. A company will be considered to be located in the China region if it is domiciled in the China region or has at least 50% of its assets in, or derives 50% or more of its revenues or profits from, the China region. The Fund may invest 25% or more of its total assets in securities in any one country in the China region. The Fund may invest up to 20% of its net assets outside the China region. The Fund invests in companies with a broad range of market capitalizations, including smaller, less seasoned companies. More than 25% of the Fund’s total assets may be denominated in a single currency. The Fund may invest in private placements. 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.

The Fund may engage in derivative transactions such as forward foreign currency exchange contracts to attempt to mitigate the adverse effects of foreign currency fluctuations during the period between the purchase of a security and its settlement.  The Fund may also seek to gain exposure to common stocks through the use of equity-linked securities (such as participation notes (“p-notes”)).  The Fund expects to use p-notes to invest indirectly in certain stocks that trade in a market that restricts foreign investors, such as the Fund, from investing directly in the market.  The Fund’s investments in equity-linked securities will not exceed 10% of the Fund’s net assets.

The investment sub-adviser invests primarily in common stocks of China region companies expected to grow in value over time, regardless of short-term market fluctuations. In selecting securities for the Fund, the investment sub-adviser seeks to invest in quality companies benefiting from secular growth trends that it believes are undervalued. Quality is determined by analysis of a company’s financial statements and is measured by a company’s demonstrated ability to consistently compound free cash flow at a steady rate. Quality companies typically have sustainable business models, robust balance sheets and proven management teams who are aligned with majority shareholders, among other characteristics. Stocks generally will be sold when they have achieved their perceived long-term value or to pursue more attractive investment options. When deemed by the investment sub-adviser to be relevant to its evaluation of a company’s financial performance and when applicable information is available, the investment sub-adviser considers financially material environmental, social and/or governance issues (referred to as ESG) which may impact the prospects of an issuer or long-term stock price performance of a company. When considered, one or more ESG issues are taken into account alongside other factors in the investment decision-making process and are not the sole determinant of whether an investment can be made or will remain in the Fund’s portfolio. In circumstances deemed appropriate by the investment sub-adviser, the investment sub-adviser engages with company management on environmental, social, and/or governance-related considerations that the investment sub-adviser believes to be material to the company to seek to gain insights into how the company addresses material ESG issues and how these may affect long-term financial performance.

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ECCGX - Performance

Return Ranking - Trailing

Period ECCGX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -19.7% 16.6% 67.35%
1 Yr -12.9% -27.5% 24.4% 63.27%
3 Yr -18.3%* -27.8% 5.5% 55.06%
5 Yr -4.5%* -14.0% 18.0% 74.32%
10 Yr 0.9%* -5.0% 9.6% 70.91%

* Annualized

Return Ranking - Calendar

Period ECCGX Return Category Return Low Category Return High Rank in Category (%)
2023 -25.0% -26.6% 26.3% 91.84%
2022 -28.0% -41.6% -9.4% 50.55%
2021 -15.1% -52.5% 26.5% 44.32%
2020 13.4% 1.3% 138.5% 84.21%
2019 18.6% -1.9% 42.6% 71.62%

Total Return Ranking - Trailing

Period ECCGX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -19.7% 16.6% 67.35%
1 Yr -12.9% -27.5% 24.4% 63.27%
3 Yr -18.3%* -27.8% 5.5% 55.06%
5 Yr -4.5%* -14.0% 18.0% 74.32%
10 Yr 0.9%* -5.0% 9.6% 70.91%

* Annualized

Total Return Ranking - Calendar

Period ECCGX Return Category Return Low Category Return High Rank in Category (%)
2023 -18.0% -25.7% 30.1% 60.20%
2022 -23.2% -40.4% -6.8% 28.57%
2021 -10.3% -48.9% 29.5% 52.27%
2020 24.3% 2.0% 138.5% 85.53%
2019 22.3% 7.8% 44.4% 72.97%

NAV & Total Return History


ECCGX - Holdings

Concentration Analysis

ECCGX Category Low Category High ECCGX % Rank
Net Assets 34.1 M 928 K 5.43 B 62.24%
Number of Holdings 30 27 1181 94.90%
Net Assets in Top 10 22.8 M 508 K 3.37 B 50.00%
Weighting of Top 10 66.88% 5.0% 81.8% 4.08%

Top 10 Holdings

  1. Tencent Holdings Ltd 15.35%
  2. China Construction Bank Corp 13.51%
  3. PDD Holdings Inc 12.05%
  4. NetEase Inc 5.97%
  5. China Merchants Bank Co Ltd 4.39%
  6. Shenzhen Mindray Bio-Medical Electronics Co Ltd 3.39%
  7. Gree Electric Appliances Inc of Zhuhai 3.33%
  8. Kweichow Moutai Co Ltd 3.24%
  9. Onewo Inc 2.94%
  10. NARI Technology Co Ltd 2.71%

Asset Allocation

Weighting Return Low Return High ECCGX % Rank
Stocks
97.87% 51.72% 100.39% 59.18%
Cash
2.13% 0.00% 26.31% 52.04%
Preferred Stocks
0.00% 0.00% 2.81% 7.14%
Other
0.00% -0.02% 47.32% 11.22%
Convertible Bonds
0.00% 0.00% 0.15% 7.45%
Bonds
0.00% 0.00% 0.00% 1.02%

Stock Sector Breakdown

Weighting Return Low Return High ECCGX % Rank
Consumer Cyclical
27.70% 0.00% 95.37% 20.21%
Technology
17.57% 0.00% 58.02% 26.60%
Financial Services
17.41% 0.00% 41.62% 24.47%
Communication Services
15.68% 0.00% 41.06% 26.60%
Consumer Defense
10.58% 0.00% 20.13% 30.85%
Healthcare
6.08% 0.00% 100.00% 72.34%
Industrials
3.71% 0.00% 36.69% 77.66%
Real Estate
1.28% 0.00% 22.12% 71.28%
Utilities
0.00% 0.00% 11.37% 46.81%
Energy
0.00% 0.00% 19.38% 43.62%
Basic Materials
0.00% 0.00% 19.86% 86.17%

Stock Geographic Breakdown

Weighting Return Low Return High ECCGX % Rank
Non US
80.68% 0.00% 100.18% 91.84%
US
17.19% 0.00% 99.99% 4.08%

ECCGX - Expenses

Operational Fees

ECCGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.43% 0.09% 14.63% 22.45%
Management Fee 0.90% 0.09% 1.50% 61.22%
12b-1 Fee 1.00% 0.00% 1.00% 86.84%
Administrative Fee 0.15% 0.06% 0.25% 18.18%

Sales Fees

ECCGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load 1.00% 1.00% 1.00% 14.29%

Trading Fees

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

ECCGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 10.00% 4.00% 241.00% 6.25%

ECCGX - Distributions

Dividend Yield Analysis

ECCGX Category Low Category High ECCGX % Rank
Dividend Yield 0.00% 0.00% 8.89% 1.02%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

ECCGX Category Low Category High ECCGX % Rank
Net Income Ratio -0.77% -1.76% 3.66% 91.49%

Capital Gain Distribution Analysis

ECCGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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ECCGX - Fund Manager Analysis

Managers

Leon Sun


Start Date

Tenure

Tenure Rank

Oct 01, 2021

0.66

0.7%

Leon is an investor on the Global Emerging Markets team, and the lead portfolio manager for the China strategies. Leon is also a co-portfolio manager for the Asia regional strategies. He joined Morgan Stanley in 2021 and has 23 years of investment experience. Prior to joining the firm, he worked as a senior portfolio manager and head of investment for China and Hong Kong at Nomura Asset Management. He was also an investment analyst at Martin Currie and a credit officer at Bank of China. Leon received a B.A. in English from Shanghai International Studies University and a Msc. in finance and investment from The University of Edinburgh. He holds the Chartered Financial Analyst designation.

Amay Hattangadi


Start Date

Tenure

Tenure Rank

Oct 01, 2021

0.66

0.7%

Amay is Managing Director of MSIM Company. He joined Morgan Stanley in 1997 and has 21 years of investment experience. Previously, he was a portfolio administrator. Amay received a Bachelor of Commerce degree from the University of Mumbai. He is an Associate Member of the Institute of Chartered Accountants of India. He holds the Charted Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 24.1 3.69 3.22