Eaton Vance Strategic Income Fund Investing for Income and Growth

The Eaton Vance Strategic Income Fund is a great option for investors seeking a mix of income and growth. It's a closed-end fund that invests in a diverse portfolio of securities, including bonds, loans, and other income-generating assets.

The fund's investment strategy is designed to provide a high level of income, with a focus on generating current income rather than capital appreciation. This is achieved through a combination of investments in high-yield bonds, senior loans, and other income-generating assets.

Investors can benefit from the fund's ability to generate income through a variety of sources, including interest payments, dividend payments, and capital gains.

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The Eaton Vance Strategic Income Fund is a solid choice for investors.

The fund's inception date is April 23, 2009.

Eaton Vance Strategic Income Fund is part of the EatonVance fund family.

The fund is domiciled in the United States, specifically in the US.

Here are the fund's details:

The Eaton Vance Strategic Income fund has delivered solid returns over the past few years. Its annualized return of 3.91% over the past three years is impressive, considering the broader market's performance.

In terms of its performance over the past year, the fund has returned 8.24% at NAV, outpacing the Bloomberg U.S. Aggregate Bond Index's return of 5.53%. This is a notable achievement, especially considering the index's -13.01% return in 2022.

The fund's distribution rate at NAV stands at 6.83%, which is a significant aspect of its overall performance. This rate is calculated based on the fund's historical distribution data.

Here's a snapshot of the fund's performance over the past few years:

The fund's performance over the past year is a testament to its ability to navigate market fluctuations and deliver strong returns to investors. Its distribution rate and historical returns make it an attractive option for those looking for a stable income stream.

The Eaton Vance Strategic Income Fund is a closed-end fund that invests in a diversified portfolio of high-yield bonds, senior loans, and other income-generating securities.

This fund offers a unique investment opportunity for income-seeking investors, providing a diversified portfolio of high-yield bonds and senior loans.

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The fund's investment objective is to provide a high level of current income, with a secondary objective of capital appreciation.

The fund's investment strategy involves investing in a mix of high-yield bonds and senior loans, with a focus on generating income.

The fund's portfolio is diversified across various sectors and industries, including financials, consumer goods, and energy.

The fund's investment approach is designed to take advantage of market inefficiencies and generate income in a variety of market conditions.

The fund's portfolio managers have a long history of investing in high-yield bonds and senior loans, with a focus on generating income and managing risk.

The fund's investment team uses a rigorous investment process to select securities that meet their investment criteria.

The fund's portfolio is regularly monitored and rebalanced to ensure that it remains aligned with its investment objectives.

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Eaton Vance Strategic Income involves investing in a combination of high-yield bonds and other income-generating securities.

The fund's investment strategy involves investing in a mix of high-yield bonds, bank loans, and other income-generating securities, which can be subject to credit risk.

Investors should be aware that the fund's credit risk is managed through a combination of diversification and credit analysis.

The fund's credit risk is managed through a combination of diversification and credit analysis, which helps to minimize potential losses.

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It's essential to consider the potential risks of any investment or financial decision.

Inflation can erode the purchasing power of your money, reducing the value of your savings over time. This can be particularly concerning for long-term investments.

Market volatility can cause the value of your investments to fluctuate rapidly, potentially resulting in significant losses.

Investing in the stock market carries inherent risks, including the possibility of company bankruptcy or industry disruption.

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Preferred stocks offer a unique blend of safety and return potential, but it's essential to understand the critical facts about them. They are often considered a hybrid between bonds and common stocks, with a fixed dividend rate and a higher claim on assets than common stockholders.

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Preferred stocks typically have a higher claim on assets than common stockholders, which can provide a sense of security. However, this also means that preferred stockholders may not participate in the company's growth or profits in the same way as common stockholders.

The return potential of preferred stocks is generally lower than that of common stocks, but they often offer a higher return than bonds. This makes them an attractive option for investors seeking a relatively stable income stream.

Preferred stocks can be cumulative or non-cumulative, meaning that if the company misses a dividend payment, it may not be made up in the future with a non-cumulative preferred stock.

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Eaton Vance Class C is a share class of the Eaton Vance Strategic Income fund, which has been around since 1994. It's an actively managed fund, meaning the managers actively pick the securities to invest in.

The fund has a flexible investment strategy and will invest in a variety of securities and other investments. It seeks to achieve its investment objective of total return by investing in registered investment companies managed by Eaton Vance and its affiliates.

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Eaton Vance Class C has a non-diversified portfolio, which means it can invest a larger portion of its assets in a smaller number of securities. This can increase risk, but also potentially increase returns.

The fund has a relatively high expense ratio of 1.95%, which is considered high within its category.

Here's a breakdown of the fund's portfolio composition as of October 31, 2024:

The fund has a relatively low standard deviation of 4.4%, indicating a relatively stable portfolio. However, it's worth noting that the fund is not considered to have an ESG (Environmental, Social, and Governance) focus.

The fund has a long-term track record, with 30 years of performance data. Over the past 10 years, the fund has returned 2.9% per year, which is lower than the category average.

The fund has a relatively low turnover rate of 14%, indicating that the managers are not actively buying and selling securities.

The fund has a 12b-1 fee of 1.00%, which is a fee charged by the fund to cover marketing and distribution expenses.

The Eaton Vance Strategic Income Fund is an actively managed fund that has been around since April 23, 2009. It's part of the Eaton Vance family of funds, which is a well-established and reputable investment company.

The fund has a flexible investment strategy, which means it can invest in a variety of securities and other investments to pursue its investment objective of total return. This flexibility can be beneficial in different market conditions.

The fund has a non-diversified portfolio, which means it can invest in a smaller number of securities, but it also means that the fund's performance can be more volatile. The fund has 2576 securities in its portfolio, and the top 10 holdings constitute 18.5% of the fund's assets.

Here are some key statistics about the fund's portfolio:

The fund is managed by a team of experienced professionals, with an average tenure of 7.17 years. The management team has a deep understanding of the fixed income market and can make informed investment decisions to help the fund achieve its investment objective.

Eaton Vance Strategic Income is an actively managed fund that's been around since 1994. It's part of the Eaton Vance family of funds.

The fund's investment strategy is flexible, which means it can invest in a variety of securities and use different techniques to try and achieve its goal of total return. This can include investing in registered investment companies managed by Eaton Vance and its affiliates.

Eaton Vance Strategic Income is a non-diversified fund, which means it can invest in a smaller number of securities and still meet its diversification requirements. This can be beneficial for investors who want to focus on specific areas of the market.

The fund has a share class called Class C, which has a specific ticker symbol (ECSIX). It's worth noting that the fund's inception date is not the same as the Class C share's inception date, with the fund launching in 1994 and the Class C share launching in 2009.

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