Eaton Vance RBA Equity Strategy Fund Class I (ERBIX)

Overview

The described company is a fund that focuses on investing a significant portion of its assets in equity securities and derivatives that are linked to equity. It actively allocates at least 80% of its net assets, in addition to any borrowings for investment purposes, towards these financial instruments. This strategic allocation underscores the fund's primary focus on tapping into the equity markets for growth. Furthermore, the fund maintains flexibility in its investment approach by reserving the option to invest up to 20% of its net assets in fixed-income securities. This includes high-yield, high-risk securities known as "junk bonds," along with other fixed and floating-rate income instruments, and even currencies. The fund also showcases an international investment approach by allowing for an unlimited amount of its assets to be invested in foreign securities, which could be issued by companies domiciled in both developed and emerging market countries, including those classified within the less accessible frontier markets. This strategy indicates a broad-based investment outlook that aims to capitalize on global equity markets while balancing the portfolio with fixed-income securities to manage risk.

Products and Services

• Equity Securities and Derivatives Investments

  This product focuses on investing in equity securities and derivatives that provide exposure to equity markets. The fund commits at least 80% of its net assets, plus any borrowings for investment intents, to this category. This concentration in equity securities and derivatives is aimed at investors seeking growth through exposure to the stock market's potential for high returns.

• Fixed-Income Securities Investments

  Allocating up to 20% of its net assets, the fund invests in various fixed-income securities. This includes investment in below-investment-grade securities, also known as "junk" bonds, and other fixed and floating-rate instruments. This diversification into fixed-income securities is designed to provide a balance to the equity holdings, aiming to reduce overall portfolio risk and offering potential for income generation.

• Currency Investments

  The fund's investment portfolio may also include allocations to various currencies, falling under the up to 20% allocation together with fixed-income securities. This provides an additional layer of diversification, potentially benefiting from fluctuations in currency values.

• Investments in Foreign Securities

  An unlimited portion of the fund's assets can be invested in foreign securities, which are issued by companies domiciled in both developed and emerging markets, including frontier markets. This broad exposure aims to capitalize on global growth opportunities, diversifying beyond domestic markets and leveraging potential gains from international economies.