Eaton Vance Tax-Managed Emerg Mkts IEITEX

Eaton Vance Tax-Managed Emerging Markets takes an unusual--and typically successful--approach to the developing world.

Most funds that invest in emerging markets don't pay that much attention to tax considerations. They figure the gains and losses in this arena are so large, and the volatility so intense, that trying to maximize pretax returns simply by straightforward investing and trading is tough enough.  Read more 

The fund designs its own benchmarks that put less emphasis on giant emerging markets and more on some small, "frontier" markets. To maintain these target weightings, the fund rebalances when a country exceeds its target by 50% or more.  Read more 

This fund is subadvised by Parametric Portfolio Associates. The managers are Thomas Seto, who joined that firm in 1996, and David Stein, who has been with the firm since 1998. The subadvisor has a stable of portfolio managers and quantitative analysts who design and maintain quantitative models and customized indexes in a number of domestic and foreign asset classes.  Read more 

This fund is a unique emerging-markets option. It divides its assets among many developing markets, including some very small ones that few other funds own, and holds more than 700 stocks to mute volatility.  Read more