Eaton Vance Global Macro Absolute Return Advantage Fund Class I (EGRIX)
NASDAQ NASDAQ Primary Summary
EGRIX Chart
Eaton Vance Global Macro Absolute Return Advantage Fund Class I Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Bruce Wheadon Transce3nd, LLC | 20,907 | $240,446.62 | $264,473.55 | $24,026.93 | 9.99% |
Eaton Vance Global Macro Absolute Return Advantage Fund Class I (EGRIX) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Eaton Vance Global Macro Absolute Return Advantage Fund Class I ever had a stock split?
Eaton Vance Global Macro Absolute Return Advantage Fund Class I Profile
| NASDAQ Exchange | United States Country |
Overview
The fund is designed to pursue its investment objective by engaging in a mix of securities, derivatives, and other financial instruments to establish long and short positions across the global marketplace. It aims to generate total return, which encompasses both income and capital appreciation. The fund operates with a global investment strategy, placing a significant emphasis on investments outside of its home country, including substantial exposure to foreign currencies and international markets. The investment focus primarily lies on sovereign exposures, encompassing currencies, interest rates, and debt instruments that are issued or guaranteed by sovereign entities. It is characterized by a non-diversified investment approach, meaning it may invest a larger portion of its assets in fewer issuers than a diversified fund.
Products and Services
- Securities Investments
The fund invests in a broad range of securities to achieve long investment exposures. These may include stocks, bonds, and other securities issued by various entities. This strategy aims to capitalize on the appreciation of these securities over time for capital gains.
- Derivative Instruments
Part of the fund's strategy involves investing in derivatives (such as futures, options, and swap contracts) to establish both long and short positions. This allows the fund to hedge against potential losses in its portfolio or to profit from declines in market values, contributing to its objective of total return.
- International Exposure
The fund frequently invests in multiple countries, seeking to diversify its portfolio across global markets. This international exposure often involves significant investment in foreign currencies and instruments, allowing the fund to benefit from diverse economic dynamics outside its home country.
- Sovereign Exposures
Focusing primarily on sovereign exposures, the fund invests in currencies, interest rates, and debt instruments issued or guaranteed by sovereign entities. This includes long and short investments in government bonds and other sovereign debt, aiming to profit from fluctuations in interest rates and currency values.
