Overview
| Class I Inception | 10/01/2009 |
| Investment Objective | Long-term total return |
| Total Net Assets | $26.1M |
| Minimum Investment | $1000000 |
| Expense Ratio (Gross)2 | 1.64% |
| Expense Ratio (Net)2,3 | 1.06% |
| CUSIP | 13161X741 |
| AptarGroup Inc | 1.86 |
| Tradeweb Markets Inc | 1.84 |
| Chemed Corp | 1.70 |
| Dorman Products Inc | 1.68 |
| Cooper Cos Inc | 1.62 |
| Commerce Bancshares Inc/MO | 1.59 |
| CBIZ Inc | 1.45 |
| Equity LifeStyle Properties Inc | 1.43 |
| Performance Food Group Co | 1.40 |
| Diploma PLC | 1.39 |
| Total | 15.97 |
| Time Period | Rating | Funds in Global Small/Mid Stock Category |
| Overall | 139 | |
| 3 Years | 139 | |
| 5 Years | 117 | |
| 10 Years | 76 |
| Aidan M. Farrell | Managed Fund since 2023 | ||
| Michael D. McLean, CFA | Managed Fund since 2023 | ||
| Griff Noble, CFA | Managed Fund since 2023 |
Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.
RISK CONSIDERATIONS
The value of investments held by the Fund may increase or decrease in response to economic, and financial events (whether real, expected or perceived) in the U.S. and global markets. The value of equity securities is sensitive to stock market volatility. Smaller companies are generally subject to greater price fluctuations, limited liquidity, higher transaction costs and higher investment risk than larger, more established companies. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry including REITs. Investing primarily in responsible investments carries the risk that, under certain market conditions, the Fund may underperform funds that do not utilize a responsible investment strategy. The Fund is exposed to liquidity risk when trading volume, lack of a market maker or trading partner, large position size, market conditions, or legal restrictions impair its ability to sell particular investments or to sell them at advantageous market prices. The impact of the coronavirus on global markets could last for an extended period and could adversely affect the Fund’s performance. No fund is a complete investment program and you may lose money investing in a fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.
See the Fund's prospectus for information related to a primary benchmark index selected (if applicable) to comply with a regulation that requires the Fund's primary benchmark to represent the overall applicable market.
Performance
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Fund at NAV | 5.01 | -6.76 | 8.27 | 23.51 | -9.10 | 28.85 | 14.55 | 17.18 | -21.06 | 14.50 |
| MSCI World Small Cap Index6 | 1.90 | -0.31 | 12.71 | 22.66 | -13.86 | 26.19 | 15.96 | 15.75 | -18.75 | 15.76 |
| Class I Inception | 10/01/2009 |
| Expense Ratio (Gross)2 | 1.64% |
| Expense Ratio (Net)2,3 | 1.06% |
| Distribution Frequency |
| Time Period | Rating | Funds in Global Small/Mid Stock Category |
| Overall | 139 | |
| 3 Years | 139 | |
| 5 Years | 117 | |
| 10 Years | 76 |
| Date | NAV | NAV Change |
| Oct 22, 2024 | $15.73 | -$0.10 |
| Oct 21, 2024 | $15.83 | -$0.20 |
| Oct 18, 2024 | $16.03 | $0.05 |
| Oct 17, 2024 | $15.98 | -$0.02 |
| Oct 16, 2024 | $16.00 | $0.07 |
| Oct 15, 2024 | $15.93 | $0.01 |
| Oct 14, 2024 | $15.92 | $0.11 |
| Oct 11, 2024 | $15.81 | $0.16 |
| Oct 10, 2024 | $15.65 | -$0.13 |
| Oct 09, 2024 | $15.78 | $0.10 |
Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.
RISK CONSIDERATIONS
The value of investments held by the Fund may increase or decrease in response to economic, and financial events (whether real, expected or perceived) in the U.S. and global markets. The value of equity securities is sensitive to stock market volatility. Smaller companies are generally subject to greater price fluctuations, limited liquidity, higher transaction costs and higher investment risk than larger, more established companies. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry including REITs. Investing primarily in responsible investments carries the risk that, under certain market conditions, the Fund may underperform funds that do not utilize a responsible investment strategy. The Fund is exposed to liquidity risk when trading volume, lack of a market maker or trading partner, large position size, market conditions, or legal restrictions impair its ability to sell particular investments or to sell them at advantageous market prices. The impact of the coronavirus on global markets could last for an extended period and could adversely affect the Fund’s performance. No fund is a complete investment program and you may lose money investing in a fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.
See the Fund's prospectus for information related to a primary benchmark index selected (if applicable) to comply with a regulation that requires the Fund's primary benchmark to represent the overall applicable market.
Portfolio
|
|
|
| U.S. Common Stocks | 56.76 |
| Foreign Common Stocks | 36.91 |
| Real Estate Investment Trust | 4.74 |
| Cash | 1.17 |
| Depositary Receipt | 0.43 |
| Total | 100.00 |
| Average Market Cap | $8.3B |
| Price/Earnings Ratio | 21.95 |
| Number of Holdings | 133 |
| Price/Book Ratio | 2.91 |
| Countries Represented | 16 |
| Active Share8 | 94.90% |
|
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| Sector | Fund | MSCI World Small Cap Index6 |
| Comm. Services | 3.37 | 3.09 |
| Consumer Discretionary | 11.83 | 13.58 |
| Consumer Staples | 5.64 | 4.77 |
| Energy | — | 4.18 |
| Financials | 17.77 | 15.42 |
| Health Care | 10.41 | 9.65 |
| Industrials | 24.34 | 19.83 |
| Information Technology | 11.14 | 10.82 |
| Materials | 5.00 | 7.63 |
| Real Estate | 7.02 | 8.45 |
| Utilities | 2.31 | 2.58 |
| Cash | 1.17 | 0.01 |
| United States | 59.03 |
| Japan | 11.48 |
| United Kingdom | 8.72 |
| Italy | 3.36 |
| Canada | 2.94 |
| Australia | 2.77 |
| Sweden | 1.98 |
| Germany | 1.67 |
| Netherlands | 1.55 |
| Cash & Other Assets | 1.17 |
| Total | 100.00 |
| View All |
| Holding | % of Net Assets |
| Dorman Products Inc | 1.84% |
| Tradeweb Markets Inc | 1.78% |
| AptarGroup Inc | 1.75% |
| Commerce Bancshares Inc/MO | 1.68% |
| Chemed Corp | 1.62% |
| Cooper Cos Inc | 1.56% |
| CBIZ Inc | 1.56% |
| Aramark | 1.53% |
| Diploma PLC | 1.47% |
| Equity LifeStyle Properties Inc | 1.44% |
| View All |
Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.
RISK CONSIDERATIONS
The value of investments held by the Fund may increase or decrease in response to economic, and financial events (whether real, expected or perceived) in the U.S. and global markets. The value of equity securities is sensitive to stock market volatility. Smaller companies are generally subject to greater price fluctuations, limited liquidity, higher transaction costs and higher investment risk than larger, more established companies. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry including REITs. Investing primarily in responsible investments carries the risk that, under certain market conditions, the Fund may underperform funds that do not utilize a responsible investment strategy. The Fund is exposed to liquidity risk when trading volume, lack of a market maker or trading partner, large position size, market conditions, or legal restrictions impair its ability to sell particular investments or to sell them at advantageous market prices. The impact of the coronavirus on global markets could last for an extended period and could adversely affect the Fund’s performance. No fund is a complete investment program and you may lose money investing in a fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.
See the Fund's prospectus for information related to a primary benchmark index selected (if applicable) to comply with a regulation that requires the Fund's primary benchmark to represent the overall applicable market.
Management
Aidan M. Farrell
Managing Director, Co-Head of Non-US Small/Mid Cap
Joined Eaton Vance 2015
Biography
Aidan is a managing director of Morgan Stanley. He is Co-Head of the Eaton Vance Non-U.S. Small/Mid Cap team. He is responsible for managing global and international small-cap equity portfolios, leading a team of analysts. He joined Eaton Vance in 2015. Morgan Stanley acquired Eaton Vance in March 2021.
Aidan began his career in the investment management industry in 1996. Before joining Eaton Vance, he was managing director and a lead portfolio manager for Goldman Sachs Asset Management (GSAM). Prior to June 2008, he served as a director of European equities for Investment Insight (formerly the asset management arm of Halifax Bank of Scotland).
Aidan earned a B.A. in economics from the University College Dublin and a postgraduate diploma in business studies from the University College Dublin Michael Smurfit Graduate Business School. Aidan is an associate of the CFA Society of the UK.
Education
- B.A. University College Dublin
- Pg.Dip. University College Dublin
Experience
- Managed Fund since 2023
Other funds managed
Michael D. McLean, CFA
Managing Director, Co-Head of US Small/Mid Cap
Joined Eaton Vance 2001
Biography
Mike is a managing director of Morgan Stanley. He is Co-Head of the Eaton Vance U.S. Small/Midcap team and a portfolio manager. He is responsible for buy and sell decisions, portfolio construction and risk management for U.S. small- and midcap equity portfolios as well as coverage of the consumer discretionary and consumer staples sectors. He is also a vice president and portfolio manager for Calvert Research and Management. He began his career in the investment management industry with Eaton Vance in 2001. Morgan Stanley acquired Eaton Vance in March 2021.
Mike earned a B.S. from Providence College. He is a CFA charterholder and holds both the CFA Institute Certificate in ESG Investing and the Fundamentals of Sustainability Accounting FSA Credential.
Education
- B.S. Providence College
Experience
- Managed Fund since 2023
Other funds managed
Griff Noble, CFA
Managing Director, Co-Head of US Small/Mid Cap
Joined Eaton Vance 2012
Biography
Griff is a managing director of Morgan Stanley. He is Co-Head of the Eaton Vance U.S. Small/Midcap team and a portfolio manager. He is responsible for buy and sell decisions, portfolio construction and risk management for U.S. small- and midcap equity portfolios as well as coverage of the energy and industrials sectors. He is also a vice president and portfolio manager for Calvert Research and Management. He joined Eaton Vance in 2012. Morgan Stanley acquired Eaton Vance in March 2021.
Griff began his career in the investment management industry in 1996. Before joining Eaton Vance, he was an equity analyst with BlackRock, Inc. He was previously affiliated with Byram Capital Management, Emerson Investment Management, Deutsche Asset Management and Putnam Investments.
Griff earned a B.S. from the University of Vermont and an MBA from Babson College. He is a member of CFA Society Boston and is a CFA charterholder.
Education
- B.S. University of Vermont
- M.B.A. Babson College
Experience
- Managed Fund since 2023
Other funds managed
Literature
Literature
Fact Sheet
Download Fact Sheet - Last updated: Sep 30, 2024
Annual Financial Statements and Add'l Information
Semi-Annual Financial Statements and Add'l Information
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