Investment objective & strategy
As of June 26, 2025 · prospectusObjective. The Fund's investment objective is total return and current income.
Strategy. The Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities, which primarily include common stocks of U.S. companies selected from the Russell 3000 Index (the 80% Policy). The Fund seeks to employ a top-down, disciplined and systematic investment process that emphasizes a diversified portfolio of quality companies that have historically demonstrated high current income and lower levels of risk on a sector relative basis. Such companies may be referred to as durable dividend payers. This rules-based strategy applies a series of durability rankings to a broad universe of U.S. equity securities. In seeking broad diversification, each economic sector generally receives an equal weight. The top-ranked securities within each sector based on … The Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities, which primarily include common stocks of U.S. companies selected from the Russell 3000 Index (the 80% Policy). The Fund seeks to employ a top-down, disciplined and systematic investment process that emphasizes a diversified portfolio of quality companies that have historically demonstrated high current income and lower levels of risk on a sector relative basis. Such companies may be referred to as durable dividend payers. This rules-based strategy applies a series of durability rankings to a broad universe of U.S. equity securities. In seeking broad diversification, each economic sector generally receives an equal weight. The top-ranked securities within each sector based on the sub-advisers yield and risk screening are also generally weighted equally. The investment process is periodically re-evaluated and may be adjusted to ensure that the process is consistent with the Funds investment objective and strategies. The portfolio is rebalanced periodically to maintain diversification, and is reconstituted on an annual basis. The portfolio managers seek to manage portfolio risk by using a quantitative model to construct a diversified portfolio of durable dividend paying companies. The Fund may lend its securities.
Top holdings
As of May 31, 2025 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| State Street Navigator Securities Lending Government Money Market Portfolio | — | $223.33K | 1.16% |
| AMPHENOL CORPORATION CL A | — | $147.04K | 0.77% |
| MICROSOFT CORP | — | $130.28K | 0.68% |
| PREMIER INC-CL A | — | $126.90K | 0.66% |
| NEW YORK TIMES CO CL A | — | $126.35K | 0.66% |
| CORTEVA INC | — | $123.05K | 0.64% |
| WALMART INC | — | $122.81K | 0.64% |
| PHILIP MORRIS INTL INC | — | $122.08K | 0.64% |
| SEMPRA ENERGY | — | $118.99K | 0.62% |
| ROYAL GOLD INC | — | $117.92K | 0.62% |
Portfolio moves
Feb 28, 2025 → May 31, 2025How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Victory US Enhanced Vol Wtd Index · CUHAX, CUHCX, CUHIX | 28% | 0.76% |
| THRIVENT CORE LOW VOLATILITY EQUITY FUND | 24% | 0.05% |
| Timothy Plan High Dividend Stock Enhanced ETF · TPHE | 23% | 0.52% |
Advisers
| Firm | Role |
|---|---|
| Eaton Vance Management | Adviser |
| Parametric Portfolio Associates, LLC | Sub-adviser |
Footnotes
- Expense ratio as of June 26, 2025, from the fund's prospectus.
- Net assets and holdings count as of May 31, 2025, from the fund's N-PORT filing.
- Total return for calendar year 2024, before tax and after fund expenses. As reported in the fund's prospectus performance bar chart.
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