Though Eaton Vance High Income Opportunities continues to boast a strong team, its execution hasn’t kept up with nimbler options in the high-yield bond Morningstar Category. The strategy receives a Morningstar Analyst Rating downgrade to Neutral from Bronze across all share classes.
Will ECHIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ECHIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the ECHIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of ECHIX’s parent organization’s priorities and whether they’re in line with investors’ interests.