Overview

Historical Returns (%) as of Sep 30, 2019

Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund’s current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than or equal to one year is cumulative. Max Sales Charge: 5.75%.
 

Fund Facts as of Sep 30, 2019

Class A Inception 11/28/2003
Performance Inception 04/30/2002
Investment Objective Long-term capital growth
Total Net Assets $142.6M
Minimum Investment $1000
Expense Ratio (Gross)2 1.52%
Expense Ratio (Net)2,3 1.05%
CUSIP 277902664

Top 10 Holdings (%)4,5 as of Sep 30, 2019

Visa Inc 7.85
Alphabet Inc - CL C 7.36
Danaher Corp 5.83
Thermo Fisher Scientific Inc 5.32
Microsoft Corp 5.04
Dollar General Corp 4.55
American Tower Corp 4.47
Intercontinental Exchange Inc 4.40
Ecolab Inc 4.39
Zoetis Inc 4.35
Total 53.56
 

Morningstar Rating™ as of Sep 30, 2019

Time Period Rating Funds in
Large Growth
Category
Overall 1243
3 Years 1243
5 Years 1110
10 Years 822
The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds and exchange-traded funds) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star.

The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Star ratings do not reflect the effect of any applicable sales load. Hollow stars denote Morningstar Extended Performance Ratings and are considered estimates based on the performance of the fund's oldest share class, adjusted for fees and expenses.

©2019 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
 

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk: 

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. A nondiversified fund may be subject to greater risk by investing in a smaller number of investments than a diversified fund. 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. 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.


Performance

Historical Returns (%) as of Sep 30, 2019

Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund’s current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than or equal to one year is cumulative. Max Sales Charge: 5.75%.
 

Calendar Year Returns (%)

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Fund at NAV 33.04 17.65 -5.96 17.64 26.85 8.40 2.55 3.15 27.09 8.55
Russell 1000® Growth Index1 37.21 16.71 2.64 15.26 33.48 13.05 5.67 7.08 30.21 -1.51
 

Fund Facts

Expense Ratio (Gross)2 1.52%
Expense Ratio (Net)2,3 1.05%
Class A Inception 11/28/2003
Performance Inception 04/30/2002
Distribution Frequency Annually

Risk Measures (3 Year)7 as of Sep 30, 2019

Alpha (%) 8.36
Beta 0.74
R-Squared (%) 84.90
Standard Deviation (%) 10.69
Sharpe Ratio 1.88
 

Morningstar Rating™ as of Sep 30, 2019

Time Period Rating Funds in
Large Growth
Category
Overall 1243
3 Years 1243
5 Years 1110
10 Years 822
The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds and exchange-traded funds) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star.

The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Star ratings do not reflect the effect of any applicable sales load. Hollow stars denote Morningstar Extended Performance Ratings and are considered estimates based on the performance of the fund's oldest share class, adjusted for fees and expenses.

©2019 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
 

NAV History

Date NAV NAV Change
Oct 16, 2019 $11.62 -$0.02
Oct 15, 2019 $11.64 $0.09
Oct 14, 2019 $11.55 -$0.04
Oct 11, 2019 $11.59 $0.09
Oct 10, 2019 $11.50 $0.07
Oct 09, 2019 $11.43 $0.13
Oct 08, 2019 $11.30 -$0.18
Oct 07, 2019 $11.48 -$0.06
Oct 04, 2019 $11.54 $0.19
Oct 03, 2019 $11.35 $0.11
 

Distribution History8

Ex-Date Distribution Reinvest NAV
No records in this table indicates that there has not been a distribution greater than .0001 within the past 3 years.
Fund prospectus
 

Capital Gain History8

Ex-Date Short-Term Long-Term Reinvest NAV
Dec 04, 2018 $0.01390 $1.50630 $9.36
Dec 05, 2017 $0.27430 $4.27120 $9.33
Dec 08, 2016 $1.78730 $11.22
No records in this table indicates that there has not been a capital gain greater than .0001 within the past 3 years.
Fund prospectus

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk: 

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. A nondiversified fund may be subject to greater risk by investing in a smaller number of investments than a diversified fund. 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. 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.


Portfolio

Asset Mix (%)5,9 as of Sep 30, 2019

Portfolio Statistics as of Sep 30, 2019

Average Market Cap $226.2B
Price/Earnings Ratio 27.32
Number of Holdings 25
Price/Book Ratio 5.79
Active Share10 79.33%
 

GICS Sector Breakdown (%)5 as of Sep 30, 2019

Market Cap Breakdown (%)5,11 as of Sep 30, 2019

> $150 Billion 28.75
$50-150 Billion 47.93
$15-50 Billion 17.78
$5-15 Billion 5.54
$1.5-5 Billion 0.00
< $1.5Billion 0.00
 

Fund Holdings (%)5,12 as of Aug 31, 2019

Holding % of Net Assets
Visa Inc 8.26%
Alphabet Inc - CL C 7.18%
Danaher Corp 5.75%
Microsoft Corp 5.48%
Thermo Fisher Scientific Inc 5.25%
American Tower Corp 4.66%
Ecolab Inc 4.58%
Dollar General Corp 4.48%
Mastercard Inc 4.47%
Intercontinental Exchange Inc 4.47%
View All

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk: 

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. A nondiversified fund may be subject to greater risk by investing in a smaller number of investments than a diversified fund. 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. 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.


Management

Joseph B. Hudepohl, CFA

Managing Director and Principal
Atlanta Capital Management
Joined Atlanta Capital 2015

Biography

Joseph Hudepohl is a managing director and principal of Atlanta Capital Management Company, LLC, an investment adviser and majority-owned subsidiary of Eaton Vance Corp. He serves as a portfolio manager on the firm's growth equity team. He joined Atlanta Capital in 2015.

Joe began his career in the investment management industry in 1997. Prior to joining Atlanta Capital, he was affiliated with Logan Circle Partners LP, a division of Fortress Investment Group LLC, as a portfolio manager and with Goldman Sachs Asset Management in Tampa, Florida.

Joe earned a B.A. in economics from Stanford University. He is a former member of the U.S. National Swim Team and a three-time Olympic medalist. Joe is a CFA charterholder.

Education
  • B.A. Stanford University

Experience
  • Managed Fund since 2015

 

Robert R. Walton, Jr., CFA

Vice President and Principal
Atlanta Capital Management
Joined Atlanta Capital 1999

Biography

Robert Walton is a vice president and principal of Atlanta Capital Management Company, LLC, an investment adviser and majority-owned subsidiary of Eaton Vance Corp. He serves as a portfolio manager on the firm's growth equity team. He joined Atlanta Capital in 1999.

Rob began his career in the investment management industry in 1994. Prior to joining Atlanta Capital, he was an equity research analyst at The Robinson-Humphrey Company, where he was responsible for the insurance and industrial growth industries.

Rob earned a B.A. with a dual concentration in economics and political science from Colgate University and an MBA from Emory University. He is a CFA charterholder. Rob holds the Fundamentals of Sustainability Accounting (FSA) credential issued by the Sustainability Accounting Standards Board (SASB).

Education
  • B.A. Colgate University
  • M.B.A. Emory University

Experience
  • Managed Fund since 2015

 

Jeffrey A. Miller, CFA

Vice President and Principal
Atlanta Capital Management
Joined Atlanta Capital 2014

Biography

Jeffrey Miller is a vice president and principal of Atlanta Capital Management Company, LLC, an investment adviser and majority-owned subsidiary of Eaton Vance Corp. He serves as a portfolio manager on the firm's growth equity team. He joined Atlanta Capital in 2014.

Jeff began his career in the investment management industry in 1996. Prior to joining Atlanta Capital, he was affiliated with Crawford Investment Counsel as a research analyst; he was responsible for equity research and served on the equity investment team. Previously, he was a senior vice president, member of the investment policy committee, and global technology analyst for Institutional Capital (ICAP).

Jeff earned a B.B.A. in finance from Southern Methodist University and an MBA from Loyola University Chicago. He is a CFA charterholder and holds the Fundamentals of Sustainability Accounting (FSA) credential issued by the Sustainability Accounting Standards Board (SASB).

Education
  • B.B.A. Southern Methodist University
  • M.B.A. Loyola University Chicago

Experience
  • Managed Fund since 2015

 

Lance V. Garrison, CFA

Vice President and Principal
Atlanta Capital Management
Joined Atlanta Capital 2007

Biography

Lance Garrison is a vice president and principal of Atlanta Capital Management Company, LLC, an investment adviser and majority-owned subsidiary of Eaton Vance Corp. He serves as a portfolio manager on the firm's growth equity team. He joined Atlanta Capital in 2007.

Lance began his career in the investment management industry in 2000. Prior to joining Atlanta Capital, he worked at Standard & Poor's Corporate Value Consulting and Wellington Management Company.

Lance earned a B.S. from the University of Florida and an MBA from Northwestern University. He is a CFA charterholder and a Chartered SRI Counselor. Lance holds the Fundamentals of Sustainability Accounting (FSA) credential and is a subject matter expert with the Sustainability Accounting Standards Board (SASB). Additionally, he serves on the SASB Standards Advisory Group advising on matters of implementation and emerging issues that should be considered in the standards development process.

Education
  • B.S. University of Florida
  • M.B.A. Northwestern University

Experience
  • Managed Fund since 2015

 

Literature

Literature

Fact Sheet

Download - Last updated: Sep 30, 2019

Market Commentary

Download - Last updated: Jun 30, 2019

Annual Report

Download - Last updated: Sep 30, 2018

Full Prospectus

Download - Last updated: Feb 1, 2019

Holdings-1st or 3rd fiscal quarters-www.sec.gov (beginning 3/31/2019)

Download

Holdings-1st or 3rd fiscal quarters-www.sec.gov

Download

SAI

Download - Last updated: Feb 1, 2019

Semi-Annual Report

Download - Last updated: Mar 31, 2019

Summary Prospectus

Download - Last updated: Feb 1, 2019

XBRL

Download - Last updated: Feb 20, 2019