Eaton Vance Short Duration Inflation-Protected Income Fund
EARRX
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USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- Boston, MA 02110 Boston MA United States of America 02110
- IPO Date
- Apr 1, 2010
- CIK
- 0000031266
- Website
- eatonvance.com
- Similar Companies
- Business
- Eaton Vance Short Duration Inflation-Protected Income Fund (EARRX) is an open-end mutual fund that seeks real return by investing primarily in inflation-protected instruments, including Treasury Inflation-Protected Securities (TIPS) of varying maturities; floating-rate loans; other fixed- and floating-rate income instruments; and inflation-indexed debt securities of U.S. and non-U.S. issuers. The fund maintains a limited interest-rate sensitivity with an effective duration of approximately 2.13 years or less, focusing on short-duration holdings such as U.S. Treasury notes and bonds (top holdings include United States Treasury Notes 2.375%, 2.125%, 1.25%, and 0.125%, and United States Treasury Bonds 3.625%); bank loans (about 20%); corporate bonds; asset-backed securities; commercial mortgage-backed securities; and cash equivalents. Its portfolio is diversified across primarily U.S. bonds (91.89%), non-U.S. bonds (4.63%), and cash (3.20%), with key sectors including government (67.77%), bank loans (20.39%), and corporate bonds (3.82%); the fund targets individual and institutional investors seeking inflation protection and income in the short-term inflation-protected bond category. Launched on April 1, 2010, the fund is managed by Brian Ellis and Jason DesLauriers (since December 31, 2019) and is domiciled in the United States, available for sale primarily to U.S. investors with a minimum initial investment of $1,000 for Class A shares. It is part of the Eaton Vance lineup under Morgan Stanley Investment Management, following Morgan Stanley's acquisition of Eaton Vance Corp. in March 2021 for approximately $7 billion, which integrated Eaton Vance's capabilities into MSIM's platform overseeing trillions in assets. The fund maintains total net assets of around $510-538 million, with Class A shares at about $76 million, a net expense ratio of 1.10% (gross 1.25%), and a front-end load of 3.25%; it distributes income quarterly and has delivered annualized returns such as 5.86% over one year and 4.76% over five years as of late 2025. In recent developments, the fund has continued to emphasize its short-duration strategy amid interest rate fluctuations, with portfolio turnover around 6-22% and a focus on capital preservation; Eaton Vance, as part of MSIM, expanded its ETF offerings in November 2025 by launching the Eaton Vance Income Opportunities ETF (NYSE Arca: XAGG) through conversion of a prior fund, enhancing multisector fixed-income access but distinct from EARRX's inflation-protected focus. No major acquisitions, funding rounds, or strategic shifts specific to EARRX were reported in the last 1-2 years, though MSIM's broader platform growth to 18 ETFs with over $9 billion in assets by October 2025 supports ongoing distribution and innovation in fixed-income products. The fund operates from Eaton Vance's headquarters at Two International Place, Boston, Massachusetts, with global reach through MSIM's network.