Eaton Vance Corp. has expanded its tax-managed fund family with three new products: Eaton Vance Tax-Managed Equity Asset Allocation Fund, Eaton Vance Tax-Managed Mid-Cap Core Fund, and Eaton Vance Tax-Managed Small-Cap Value Fund.

The firm predicts significant growth in the tax-managed fund area, given the limits on contributions to 401(k) plans and IRA accounts. "According to industry statistics, approximately half of all 89 million U.S. investors hold assets outside qualified plans, representing potentially billions of dollars in funds that are subject to taxes," said Thomas Faust Jr., an executive VP and CIO at the firm.

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