Fact sheet: Eaton Vance Intl Ire US HYBd

Fund information
Fund name
Eaton Vance Intl Ire US High Yield Bond C1 USD
Fund manager company
Eaton Vance International Irel
Fund type
Offshore Fund
Fund managers
  • Michael W Weilheimersince 29/08/2002
  • Linda B. Cartersince 29/08/2002
Fund objective
The Fund seeks to exploit investment opportunities in the high-yield market, primarily through diversified exposure to high-yield, high-risk corporate bonds. Investment opportunities that maximise total return are sought through a well-defined investment process that has been in place for over 20 years.
Benchmark
  • ML US High Yield Index
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
8.7%
1 Year rank in sector
25/46
Sector
FO Fixed Int - USD High Yield
Yield
-
Fund size
£260m (£232m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
74
Top in this sector
Fund name1 Year
Candriam GFUS HiYld Corp Bd29.5%
Old Mutual MtyInc HiYdBd28%
Allianz US Hi Yd25.6%
UBS LBdSICVAsnHiYld$14.2%
GS AsHiYiBoPo13%
...more in FO Fixed Int - USD High Yield

Performance snapshot

Holdings snapshot

  • USA98.3%
    Money Market1.7%
  • Others31.8%
    Health Care13.6%
    Energy11%
    Telecommunications8.5%
    Services7.1%
  • US Corporate Fixed Interest95.7%
    Other International Fixed Interest2.6%
    Money Market1.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%4.3%7.3%8.7%12.3%35.5%
Sector0.2%4.3%8.2%8.6%10.6%36.6%
Rank within sector22 / 4627 / 4634 / 4625 / 4612 / 3312 / 22
Quartile2nd3rd3rd3rd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund9.9%-3%2%5.1%12.6%
Sector10.2%-3.1%0.7%6.2%14.1%
Rank within sector31 / 4617 / 4112 / 3323 / 3217 / 24
Quartile3rd2nd2nd3rd3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.57
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.97
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.15
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
5.15
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
1.27
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.37
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.94
Price movement
52 week high9.17
52 week low8.18
Current bid price-
Current offer price-
Current mid price9.15
Region
1USA98.34%
2Money Market1.66%
Industry sector
1Others31.84%
2Health Care13.57%
3Energy11%
4Telecommunications8.49%
5Services7.08%
6Technology5.97%
7Media5.87%
8Retail4.16%
9Money Market3.71%
Asset type
1US Corporate Fixed Interest95.7%
2Other International Fixed Interest2.64%
3Money Market1.66%
Individual holdings
1SPRINT CORP2%
2T-MOBILE US INC1.39%
3SABINE PASS LIQUEFACTION LLC1.38%
4CHARTER COMM. HLDS1.34%
5HCA HLDGS INC1.25%
6WESTERN DIGITAL CORP1.25%
7FIRST DATA CORP1.19%
8VALEANT PHARMACEUTICALS INTL INC1.18%
9AERCAP HOLDINGS N.V.1.15%
Management
Fund manager group
Eaton Vance International
Fund manager company
Eaton Vance International Irel
Fund type
Offshore Fund
Fund objective
The Fund seeks to exploit investment opportunities in the high-yield market, primarily through diversified exposure to high-yield, high-risk corporate bonds. Investment opportunities that maximise total return are sought through a well-defined investment process that has been in place for over 20 years.
Benchmark
  • ML US High Yield Index
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Michael W Weilheimer29/08/2002Mike is a vice president of Eaton Vance Management and Co-Director of High Yield Investments. In addition, he is a portfolio manager of the firm's high yield strategies. Mike's experience in the investment management industry dates back to 1987. Prior to joining Eaton Vance in 1990, Mike was a Vice President of Amroc Investments, L.P. Previous to that, Mike was employed at Cowen & Company as an analyst specializing in distressed debt securities. He received a B.S. from the State University of New York at Albany. He earned an M.B.A. from the University of Chicago Graduate School of Business. He is a member of the CFA Institute and the Boston Securities Analyst Society. Additionally, Mike is a holder of the Chartered Financial Analyst (CFA) designation.
Linda B. Carter29/08/2002Linda is a Vice President of Eaton Vance Management and a Portfolio Manager on the High Yield Investment Team. In addition, she is responsible for providing research coverage on the gaming and entertainment industries. Linda's experience in the investment management industry dates back to 1983. Prior to joining Eaton Vance in 1998, Linda was a portfolio manager at John Hancock Investment Advisers. Previous to that, she was employed at Allmerica Financial as a senior investment officer. Linda began her career as an investment analyst with United Business Services. Linda graduated from University of Massachusetts with a B.S. in Business Administration. She received an M.S. in Finance from Boston College. Linda is a member of the Boston Security Analysts Society and the CFA Institute. She is also a holder of the Chartered Financial Analyst (CFA) designation.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, Spain, Finland, United Kingdom, Ireland, Italy, Offshore, Sweden
Eaton Vance Intl Ire US High Yield Bond A1 USD
Initial charge-
Annual charge1.65%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price10.39
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEF44
Eaton Vance Intl Ire US High Yield Bond A2 EUR
Initial charge6.25%
Annual charge1.65%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price17.63
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEF41
Eaton Vance Intl Ire US High Yield Bond A2 GBP
Initial charge6.25%
Annual charge1.65%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price10.49
CurrencyGBP
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGPHG
Eaton Vance Intl Ire US High Yield Bond A2 USD
Initial charge6.25%
Annual charge1.65%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price22.38
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEF45
Eaton Vance Intl Ire US High Yield Bond C1 USD
Initial charge-
Annual charge1.9%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.1%
Bid price-
Offer price-
Mid price9.15
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeDPY1
Eaton Vance Intl Ire US High Yield Bond C2 USD
Initial charge1%
Annual charge1.9%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.1%
Bid price-
Offer price-
Mid price15.62
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDPY2
Eaton Vance Intl Ire US High Yield Bond G2 USD
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price11.67
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGPHO
Eaton Vance Intl Ire US High Yield Bond I2 EUR
Initial charge-
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price13.38
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDPY4
Eaton Vance Intl Ire US High Yield Bond I2 GBP
Initial charge-
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price12.3
CurrencyGBP
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGPHH
Eaton Vance Intl Ire US High Yield Bond I2 USD
Initial charge-
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price11.03
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDPY3
Eaton Vance Intl Ire US High Yield Bond M2 USD
Initial charge-
Annual charge0.9%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.1%
Bid price-
Offer price-
Mid price18.9
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEF48
Eaton Vance Intl Ire US High Yield Bond USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBYU4
Eaton Vance Intl Ire US High Yield Bond Z2 USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGPHI
Data provided by

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