Eaton Vance and Parametric Funds Launch Class R6 Shares
BOSTON, July 1, 2014 /PRNewswire/ -- Eaton Vance announced today that the following four mutual funds are now offering Class R6 shares:
- Eaton Vance Atlanta Capital SMID-Cap Fund
- Eaton Vance Income Fund of Boston
- Eaton Vance Large-Cap Value Fund
- Parametric Emerging Markets Fund
The Funds' Class R6 shares are offered at net asset value to employer sponsored retirement plans and certain other investors. The Class R6 shares are not subject to any distribution, service, sub-accounting, recordkeeping or similar fees.
"Offering Class R6 shares of the Funds in the defined contribution-investment only (DCIO) market provides sponsors greater flexibility in implementing their retirement plans," said David Michaud, vice president and director of Sub-Advisory and DCIO sales for Eaton Vance Distributors, Inc. "Eaton Vance is committed to offering a variety of share classes that enable financial advisors and consultants to choose the structure that best meets their clients' needs."
There is no minimum initial investment for employer sponsored retirement plans investing in Class R6 shares. Other permitted Class R6 investors generally are subject to a $1 million minimum.
Eaton Vance Corp. is one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $285.9 billion in assets as of April 30, 2014, offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Company's long record of providing exemplary service, timely innovation and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information about Eaton Vance, visit eatonvance.com.
Investing entails risk; there can be no assurance that a Fund will achieve profits or avoid losses.
The Funds are distributed by Eaton Vance Distributors, Inc., Two International Place, Boston, MA 02110. Member FINRA/ SIPC.
Before investing, investors should carefully consider the investment objectives, risks, charges and expenses of a mutual fund. This and other important information is contained in the prospectus and summary prospectus, which can be obtained from a financial advisor. Prospective investors should read the prospectus carefully before investing.
Not FDIC Insured - Not Bank Guaranteed - May Lose Value
SOURCE Eaton Vance Corp.