Fund Evaluator:
Eaton Vance Short Dur Infl-Prot Inc C (ECRRX)
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Best Performing in Short-Term Inflation-Protected Bond Over the Last Year
| 3.4% | Vanguard Shrt-Term Infl-Prot Sec Idx Adm (VTAPX) |
| 3.3% | T. Rowe Price US Limited Dtn TIPS Z (TLDZX) |
| 3.3% | American Century Short Dur Infl ProBd Y (APOYX) |
| 3.1% | iShares Short-Term TIPS Bond Idx Inv A (BAIPX) |
| 3.1% | American Century Short Dur Inf PrBd Inv (APOIX) |
Fund Details
Eaton Vance Short Dur Infl-Prot Inc C Overview
Eaton Vance Short Dur Infl-Prot Inc C (ECRRX) is an actively managed Taxable Bond Short-Term Inflation-Protected Bond fund. Eaton Vance launched the fund in 2010.
The investment seeks real return. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in "inflation protected" instruments, which include (i) inflation-indexed debt obligations of varying maturities issued by the United States and non-U.S. governments, their agencies or instrumentalities, corporations and other issuers and (ii) other fixed or floating-rate debt obligations (including junior and senior loans) with respect to which the fund enters into agreements to swap nominal interest payments for payments based on changes in the U.S. Consumer Price Index ("CPI") or other measures of inflation. It is non-diversified.
About Eaton Vance Short Dur Infl-Prot Inc C (ECRRX)
There are 3 members of the management team with an average tenure of 2.80 years: Brian Ellis (2019), Alexandros Bouzalis (2025), Michael Rosborough (2025). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Bloomberg US Universal TR USD index with a weighting of 100% and ICE BofA 1-5 US Infln-Lnkd Trsy TR USD index with a weighting of 100%. Eaton Vance Short Dur Infl-Prot Inc C has 644 securities in its portfolio. The top 10 holdings constitute 51.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Eaton Vance Short Dur Infl-Prot Inc C is part of the Fixed Income global asset class and is within the Taxable Bond fund group. Eaton Vance Short Dur Infl-Prot Inc C has 4.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.3%. There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 97.1% (92.5% domestic bond, 4.6% foreign bond and 0.0% convertible bond). Eaton Vance Short Dur Infl-Prot Inc C has 2.5% of the portfolio in cash.
Assets Under Management
The fund has $15 million in total assets, which is below the $1 billion average for the Short-Term Inflation-Protected Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
ECRRX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Eaton Vance Short Dur Infl-Prot Inc C expense ratio is high compared to funds in the Short-Term Inflation-Protected Bond category. Eaton Vance Short Dur Infl-Prot Inc C has an expense ratio of 1.76%, which is 240% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Eaton Vance Short Dur Infl-Prot Inc C has a portfolio turnover rate of 16%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 63% for the Short-Term Inflation-Protected Bond category.
Recently, in the month of July 2026, Eaton Vance Short Dur Infl-Prot Inc C returned 0.1%, which earned it a grade of D, as the Short-Term Inflation-Protected Bond category had an average return of 0.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Eaton Vance Short Dur Infl-Prot Inc C has a trailing yield of 4.31%, which is below the 4.56% category average. The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Eaton Vance Short Dur Infl-Prot Inc C Grades
Year to date, the fund has returned 0.7%, 0.8 percentage points worse than the category, which translates into a grade of F. The fund has returned 1.5% over the past year (grade of F), 4.1% over the past three years (grade of F) and 2.5% per year over the past five years (grade of C) and 2.8% per year over the past 10 years (grade of D).
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ECRRX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| ECRRX Return (NAV) | 0.1% | -0.5% | 1.5% | 4.1% | 2.5% | 2.8% |
| ECRRX Grade | D | D | F | F | C | D |
| +/- Category | 0.0% | -0.2% | -1.5% | -0.7% | 0.0% | -0.3% |
| Short-Term Inflation-Protected Bond Avg | 0.1% | -0.3% | 3.0% | 4.8% | 2.4% | 3.1% |
| ECRRX Tax Cost Ratio | na | na | 1.7% | 1.5% | 1.5% | 1.1% |
ECRRX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ECRRX Return (NAV) | 0.7% | 4.6% | 4.5% | 5.3% | -4.0% | 6.7% | 4.2% | 4.5% | -1.2% | 1.1% | 4.9% |
| ECRRX Grade | F | F | B | A | B | B | F | F | F | C | B |
| +/- Category | -0.8% | -1.7% | 0.3% | 1.1% | 1.0% | 0.2% | -1.9% | -0.9% | -0.8% | -0.2% | 0.9% |
| Short-Term Inflation-Protected Bond Avg | 1.4% | 6.3% | 4.3% | 4.2% | -5.0% | 6.5% | 6.1% | 5.5% | -0.4% | 1.2% | 4.0% |
| Risk Measures | |
| Standard Deviation: | 1.6% |
| Total Risk Index: | 0.13 - Low |
| Category Risk Index: | 0.74 - Low |
| Category Risk Grade: | A (7% Rank) |
| Beta: | 0.18 |
| R-Squared: | 41% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Small-Cap Value |
| Bond Investment Style: | na Limited Sensitivity |
| Yield: | 4.3% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $549 Mil |
| Fund Total Assets: | $ 16 Mil |
| Share Class Type: | C |
| Portfolio Turnover: | 16% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 6.6 years | |||
| Average Tenure: 2.8 years | |||
| Managers (Year): Ellis Brian (2019), Bouzalis Alexandros (2025), Rosborough Michael (2025) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 644 |
| % in Top 10 Holdings: | 51.0% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 4.6% |
Portfolio Allocation |
|
| Domestic Stock: | 0.3% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 92.5% |
| Foreign Bond: | 4.6% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.5% |
Purchase Information
| Fund Family: | Eaton Vance |
| Phone Number: | 800-262-1122 |
| Website: | www.eatonvance.com |
| Status: | Open |
| Inception Date: | April 1, 2010 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 1.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 1.00% |
Expenses and Fees | |
| Expense Ratio (%): | 1.76% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.52% |
| Share Class: | Eaton Vance Short Dur Infl-Prot Inc I |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
