Eaton Vance Corp. Reports December 31, 2020 Assets under Management

Rhea-AI Summary

Eaton Vance Corp. (NYSE: EV) reported a significant increase in consolidated assets under management (AUM) to $583.1 billion as of December 31, 2020, up from $515.7 billion on October 31, 2020. This rise is attributed to various investment vehicles, including funds ($201.5 billion), institutional separate accounts ($188.9 billion), and individual separate accounts ($192.7 billion).

The growth reflects a robust performance across their investment strategies, underscoring Eaton Vance's commitment to delivering attractive returns.

Positive

• Increase in AUM from $515.7 billion to $583.1 billion, a gain of $67.4 billion.
• Growth across all investment vehicles: funds up by $20.1 billion, institutional separate accounts by $25.2 billion, and individual separate accounts by $22.1 billion.

Negative

• None.

BOSTON, Jan. 15, 2021 /PRNewswire/ -- Eaton Vance Corp. (NYSE: EV) today reported consolidated assets under management of $583.1 billion on December 31, 2020. This compares to $515.7 billion on October 31, 2020, the close of the Company's fourth fiscal quarter.

			Assets under Management
			(in billions)
			December 31,		October 31,
			2020		2020
		By investment vehicle:
		Funds	$           201.5		$       181.4
		Institutional separate accounts	188.9		163.7
		Individual separate accounts	192.7		170.6
		Total	$           583.1		$       515.7
		By investment mandate:
		Equity(1)	$           154.9		$       135.2
		Fixed income(2)	77.1		73.3
		Floating-rate income	30.2		28.9
		Alternative(3)	7.6		7.4
		Parametric custom portfolios(4)	202.2		176.4
		Parametric overlay services	111.1		94.5
		Total	$           583.1		$       515.7
		By investment affiliate:
		Eaton Vance Management	$           168.5		$       154.4
		Parametric	355.4		310.2
		Atlanta Capital	28.7		24.9
		Calvert	30.5		26.2
		Total	$           583.1		$       515.7

		(1) Includes balanced and other multi-asset mandates.  Excludes equity mandates reported as Parametric custom portfolios.
		(2) Includes cash management mandates.  Excludes benchmark-based fixed income separate accounts reported as Parametric custom portfolios.
		(3) Consists of absolute return and commodity mandates.
		(4) Equity, fixed income and multi-asset separate accounts managed by Parametric for which customization is a primary feature; other Parametric strategies may also be customized.

Eaton Vance Corp. regularly reports assets under management as of the end of each fiscal quarter (January, April, July and October) and each calendar quarter.

Eaton Vance provides advanced investment strategies and wealth management solutions to forward-thinking investors around the world. Through principal investment affiliates Eaton Vance Management, Parametric, Atlanta Capital, Calvert and Hexavest, the Company offers a diversity of investment approaches, encompassing bottom-up and top-down fundamental active management, responsible investing, systematic investing and customized implementation of client-specified portfolio exposures. Exemplary service, timely innovation and attractive returns across market cycles have been hallmarks of Eaton Vance since 1924. For more information, visit eatonvance.com.

 

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SOURCE Eaton Vance Corp.

FAQ

What are the recent assets under management figures for Eaton Vance Corp. as of December 31, 2020?

Eaton Vance Corp. reported assets under management of $583.1 billion as of December 31, 2020.

How did Eaton Vance Corp.'s assets under management change from October 31, 2020?

The assets under management increased from $515.7 billion on October 31, 2020, to $583.1 billion on December 31, 2020.

What categories contributed to the increase in Eaton Vance Corp.'s assets under management?

The increase was driven by funds, institutional separate accounts, and individual separate accounts.

Which investment vehicles saw the most growth for Eaton Vance Corp. in the last quarter of 2020?

Funds grew by $20.1 billion, institutional separate accounts by $25.2 billion, and individual separate accounts by $22.1 billion.

What is the stock symbol for Eaton Vance Corp.?

The stock symbol for Eaton Vance Corp. is EV.