The Eaton Vance Global Macro Absolute Return Advantage Fund Class C (EGRCX) is a mutual fund that aims to provide investors with a diversified portfolio of global investments that can generate positive returns in various market conditions. This fund utilizes a macroeconomic approach to investing, meaning it takes into account global economic trends and events to make investment decisions. The "Absolute Return Advantage" in the fund's name suggests that it seeks to outperform traditional benchmarks and generate positive returns regardless of market performance. As a Class C fund, it may have higher fees and expenses compared to other classes, but it also offers the potential for higher returns. Overall, EGRCX is a global, macro-focused mutual fund that aims to provide investors with a competitive advantage in generating returns.