Having made changes to the fund’s investment capacity, the $6.6 billion Eaton Vance Macro Absolute Return Fund is reopened to additional investments.
Eaton Vance said the fund, launched in 1997, is one of the industry’s longest-running absolute return strategies. The fund takes both long and short positions in foreign markets through sovereign assets classes such as currencies and credit markets, using macroeconomic and political analysis.
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