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Emerging Market Debt Can Be Treacherous. These Fund Managers Have Mastered It: (EADOX)

TedTed
in The Bullpen
FYI: For fund managers Michael Cirami and Eric Stein, a lot can be learned from the answer to a simple question.

Cirami and Stein, co-directors of global income at Eaton Vance, keep lists of revealing questions like that handy, because they know staying out of troubled areas is critical to boosting returns and reducing volatility. That kept them out of Egypt earlier this decade, and it has burnished the appeal of their well-regarded bond funds.

Their five-star Eaton Vance Emerging Markets Debt Opportunities fund (ticker: EADOX), which they manage with colleague John Baur, has notched an average annual return of 6.3% over the past three years, beating 97% of its peers in the emerging markets local-currency bond category. Their bronze-rated Eaton Vance Global Macro Absolute Return fund (EAGMX), with $3.7 billion in assets, has beaten its benchmark the past 10 years with a 2.6% average annual return.
Regards,
Ted
https://www.marketwatch.com/articles/emerging-market-debt-can-be-treacherous-these-fund-managers-have-mastered-it-51563537605?mod=barrons-on-marketwatch

M* Snapshot EADOX:
https://www.morningstar.com/funds/xnas/eadox/quote
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