Eaton Vance Emerging and Frontier Countries Equity Fund
Eaton Vance Mutual Funds Trust · 2 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Eaton Vance Emerging and Frontier Countries Equity Fund is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Master-feeder
Fund profile
As filed in the prospectus · 2026 Q1
The Funds investment objective is total return.
The fund invests substantially all its assets through a separate registered investment company (the Portfolio) and employs a top-down macroeconomic approach to construct country-level and sector equity exposures in emerging and frontier markets, with up to 20% in developed markets and up to 20% in income investments. The investment sub-adviser, which makes day-to-day decisions, uses index derivatives and equity securities to target countries with strengthening macro indicators while considering financially material ESG factors when relevant. The fund may concentrate up to 35% of assets in a single industry if that industry represents more than 20% of its blended benchmark index, and as of January 2026 held 31.2% in banking. Because the fund does not set particular exposure levels to any index and constructs positions through both securities and derivatives, its holdings and returns may diverge from any benchmark.
| Share class | Gross | Net |
|---|---|---|
| EACOX | 1.48% | 1.40% |
| EICOX | 1.23% | 1.15% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 54.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 91.51% |
| Cash & short-term | 4.81% |
| Bonds | 0.28% |
| Derivatives | -0.04% |
Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified.
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Latest quarter
What changed since the fund's previous filing
New and exited totals aren’t verifiable for this fund.
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +45.83% | +94.50% | +95.05% | 19.44% | -11.03% | |
| +46.23% | +96.09% | +97.73% | 19.42% | -11.03% |
These classes hold the same portfolio, so the 2.67pp spread over 5 years is the cost difference between them — roughly 0.53pp a year — not a difference in what they own.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | Global Macro Capital Opportunities Portfolio | 100.01% | $21.79 | $3.72B | 170.8M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 100.01% of net assets, top 25 100.01%, across 1 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
Sign in free