Sudden departures on Eaton Vance Emerging Markets Local Income, including lead manager Michael Cirami, have created too much uncertainty around the remaining team’s ability to execute their process. As a result, the strategy's Morningstar Analyst Ratings have been downgraded to Neutral and Negative.
Will EEIAX 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 EEIAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the EEIAX 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 EEIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.