Morningstar

Eaton Vance Emerging Markets Local Income Fund Class I EEIIX

Morningstar Medalist Rating
Medalist Rating as of | See Eaton Vance Investment Hub
  • NAV / 1-Day Return 3.44  /  +0.29 %
  • Total Assets 1.8B
  • Adj. Expense Ratio
    0.900%
  • Expense Ratio 0.930%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Emerging-Markets Local-Currency Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 10.52%
  • Effective Duration —

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:10 AM GMT+0

Morningstar’s Analysis EEIIX

Will EEIIX outperform in the 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 EEIIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the EEIIX 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 EEIIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Team stabilization is welcomed here

Analyst Jeana Doubell

Jeana Doubell

Analyst

Summary

This team at Eaton Vance Emerging Markets Local Income is one of the biggest emerging-market debt groups in the industry, but has been plagued by regular turnover since 2021. That’s particularly concerning given that the process is decentralized and relies heavily on individual idea-generators who do not shy away from risk.

by Jeana Doubell
Rated on Published on

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Portfolio Holdings EEIIX

More EEIIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us Dollars

4.52 86M
Cash and Equivalents

Morgan Stanley Inst Lqudty Gov Sec Ins

4.36 83M
Cash and Equivalents

National Bk Hungary Bill Bills 08/26 0.00000

4.03 76M
Cash and Equivalents

Egypt (Arab Republic of) 0%

3.40 65M
Government

South Africa (Republic of) 8.875%

2.43 46M
Government

Uzbekistan Intl Bond Sr Unsecured Regs 04/29 12.25

1.95 37M
Government

Colombia Tes Fixed Coupon 11.750000 Maturity 20350124

1.95 37M
Government

United States Treasury Bills 0%

1.94 37M
Government

United States Treasury Bills 0%

1.89 36M
Government

South Africa (Republic of) 9%

1.82 35M
Government

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