MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, August 17, 2005 Eaton Vance Meet Earnings Estimates Boston-based Eaton Vance matched analysts' earnings expectations for its third fiscal quarter of 2005, reporting $0.29 in diluted earnings per share and $41.2 million in net income. Assets under management totaled $106.0 billion at the end of quarter, up 7.3 percent from 98.8 billion at the end of the previous quarter. Compared to the same period last year, assets under management increased 18.4 percent from $89.4 billion, according to an earnings release. Mutual funds made up 74 percent of Eaton Vance's total assets under management, with separate accounts contributing 26 percent and money market assets making up less than one percent. Equity fund assets made up 41 percent of total fund assets, fixed income funds added 17 percent and bank loan funds contributed 16 percent. Total sales of mutual funds were $4.4 billion for the quarter, while outflows were $2.6 billion. Market appreciation added $3.1 billion while exchanges took away $6 million. Printed from: MFWire.com/story.asp?s=10278 Copyright 2005, InvestmentWires, Inc. All Rights Reserved |