EIIMX

About EIIMX

Eaton Vance Global Sovereign Opportunities Fund Class I is an actively managed mutual fund in the global bond category focused on **total return** from sovereign fixed income across developed, emerging, and frontier markets. The strategy primarily invests in U.S. and non-U.S. government-related securities and uses currencies and interest-rate exposures as key levers, seeking diversification benefits from positions that are intentionally **idiosyncratic and often uncorrelated** across countries. Guided by a global macroeconomic and political research process, the portfolio is benchmark-aware but maintains flexibility to allocate off-benchmark to capture differentiated opportunities beyond traditional indices. The fund emphasizes **currency and interest-rate diversification**, with significant potential exposure to local-currency markets alongside hard-currency sovereign debt. It distributes income monthly and targets a balanced profile of income and capital appreciation consistent with its total return objective. Managed by an experienced team at Eaton Vance, part of Morgan Stanley Investment Management, the fund’s institutional share class is designed for professional allocators seeking global sovereign exposure within a taxable bond allocation.