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Consolidated Sponsored Funds

12 Months Ended

Oct. 31, 2016

Consolidated Sponsored Funds Disclosure [Abstract]

3. Consolidated Sponsored Funds

Underlying investments held by consolidated sponsored funds were included in investments on the Company's Consolidated Balance Sheets and classified as trading securities at October 31, 2016 and 2015. Net investment income or (loss) related to consolidated sponsored funds was included in gains (losses) and other investment income, net, on the Company's Consolidated Statements of Income for all periods presented. The impact of consolidated sponsored funds' net income or (loss) on net income attributable to Eaton Vance Corp. shareholders was reduced by amounts attributable to non-controlling interest holders, which are recorded in net income attributable to non-controlling and other beneficial interests on the Company's Consolidated Statements of Income for all periods presented. The Company's risk with respect to each investment in a consolidated sponsored fund is limited to its equity ownership and any uncollected management and performance fees.

The following table sets forth the balances related to consolidated sponsored funds at October 31, 2016 and 2015, as well as the Company's net interest in these funds:

(in thousands)		2016		2015
Investments	$	248,036	$	196,395
Other assets		10,984		6,011
Other liabilities		(23,947)		(25,729)
Redeemable non-controlling interests		(24,474)		(11,939)
Net interest in consolidated sponsored funds⁽¹⁾	$	210,599	$	164,738

⁽¹⁾ Excludes the Company's investment in its consolidated CLO entity, which is discussed in Note 8.