EATON VANCE MANAGEMENT

Eaton Vance Management’s history can be traced back to 1924 when Charles Eaton decided to create an investment company focused on a “long-term approach to managing investments and uncompromising commitment to integrity and excellence.” The company currently operates as a subsidiary of its holding company Eaton Vance Corporation. Eaton Vance Management mostly services investment companies but also caters to pension and profit sharing plans, high net worth individuals, banking institutions, charities, and pooled investment vehicles, among others. The company is the oldest affiliate under the Eaton Vance group of companies, with others under the umbrella including Parametric Portfolio Associates LLC, Atlanta Capital Investment Managers, and Hexavest, the youngest that was founded in 2004. Under Eaton Vance, the company also sponsors U.S. mutual funds that are managed by third parties, including AGF, Armored Wolf, Lloyd George Management, OirbiMed Advisors, and Richard Bernstein Advisors. Eaton Vance Management itself provides a broad range of equity, fixed income, floating rate income, and alternative strategies with each strategy in accord with its investment philosophy and integrated applications of disciplined investment processes. The company focuses on a fundamental analysis as its foundation, keeping these operations in house and employing research analysts who have experience and expertise in the specific market sectors that they follow. Eaton Vance Management benchmarks the performance of its portfolios against Barclays indices, BofA Merrill Lynch indices, and the JPMorgan Government Bond Index. The company is based in Boston and has additional offices in New York City and Westport. The company currently employs over 700 people to look after its close to 19 thousand accounts that hold a total of approximately $90 billion total assets under management. Although total assets under management have decreased since 2010, the company has increased its total accounts from about 2000 accounts five years prior to its current amount. Some of the mutual funds that the company has include its Bond Fund, Floating Rate Fund, Government Obligations Fund, Hedged Stock Fund. Global Macro Absolute Return Fund, and Global Macro Capital Opportunities Fund.