Fund info

Eaton Vance Emerging Markets Debt Opportunities Fund Class A is an actively managed mutual fund focused on total return from the broad emerging‑markets debt universe. The strategy invests primarily in income instruments issued by emerging market sovereigns and corporates, and may use derivatives linked to local currencies, interest rates, and credit to fine‑tune exposures across hard and local currency markets. Drawing on Eaton Vance’s country‑level economic and political research and relative‑value framework, the fund allocates opportunistically across more than 100 countries and both on‑ and off‑benchmark securities, aiming to capture diverse sources of return while avoiding structural biases of traditional EM debt indices. The portfolio can take limited short exposures to manage risk and express views, subject to defined caps. With a stated objective of total return and monthly distributions, the fund serves as a diversifier for investors concentrated in developed‑market fixed income, offering access to sovereign and corporate credit, currencies, and local rate themes within the emerging‑markets bond category.