Eaton Vance Income Fund of Boston R6
EIBRX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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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
- Address
- Boston, MA 02110 Boston MA United States of America 02110
- IPO Date
- Jul 1, 2014
- CIK
- 0000074663
- Website
- eatonvance.com
- Similar Companies
- Business
- Eaton Vance Income Fund of Boston R6 (EIBRX) is an open-end mutual fund that seeks a high level of current income through primary investment in high yield, lower-rated corporate bonds, commonly known as junk bonds, rated below investment grade; its secondary objectives include growth of income, capital appreciation, and reasonable preservation of capital. The fund allocates predominantly to income-producing securities such as high yield corporate bonds (approximately 84% of the portfolio), bank loans (8%), US and non-US bonds, preferred stocks, convertibles, and cash equivalents; top holdings include Morgan Stanley Institutional Liquidity Government Securities, iShares Broad USD High Yield Corporate Bond ETF, Beach Acquisition Bidco LLC 10%, and Medline Borrower LP 5.25%, with approximately 430 bond holdings, a yield to maturity of 5.83%, effective duration of 2.63 years, and average coupon of 6.74% as of July 31, 2025. Managed within the high yield bond category by a team at Morgan Stanley Investment Management, including Stephen Concannon (since 2014), Jeffrey Mueller (since 2019), and recent additions Bo Hunt and Justin Bourgette (effective March 31, 2025), the fund features a net expense ratio of 0.64%, total net assets of $4.31 billion, and share class size of $693 million, with a minimum initial investment of $5 million. Domiciled in the United States and available for sale there, it targets income-oriented investors through daily pricing. Recent portfolio management changes include the addition of Bo Hunt and Justin Bourgette as co-portfolio managers effective March 31, 2025, alongside the departure of Kelley Baccei Gerrity effective September 30, 2025; these adjustments reflect ongoing team enhancements within Morgan Stanley Investment Management following its 2021 acquisition of Eaton Vance. The fund operates under the broader Eaton Vance platform, now integrated with Morgan Stanley, which continues to expand its fixed income offerings, including the November 2025 launch of the Eaton Vance Income Opportunities ETF focused on diversified global fixed income sectors. No major mergers, acquisitions, or strategic shifts specific to EIBRX have been reported in the last 1-2 years, maintaining its focus on leveraged credit and multi-sector income strategies.