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Trending ETFs

Eaton Vance Floating Rate Fund

mutual fund
EIBLX
Dividend policy
Active
Price as of:
$8.81 +0.0 +0%
primary theme
Bank Loan
EIBLX (Mutual Fund)

Eaton Vance Floating Rate Fund

Dividend policy
Active
Price as of:
$8.81 +0.0 +0%
primary theme
Bank Loan
EIBLX (Mutual Fund)
Eaton Vance Floating Rate Fund
Dividend policy
Active
Price as of:
$8.81 +0.0 +0%
primary theme
Bank Loan

EIBLX - Snapshot

Vitals

  • YTD Return 1.0%
  • 3 Yr Annualized Return 3.5%
  • 5 Yr Annualized Return 5.7%
  • Net Assets $5.83 B
  • Holdings in Top 10 7.8%

52 WEEK LOW AND HIGH

$8.81
$7.18
$8.82

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.82%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 28.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250,000
  • IRA N/A

Fund Classification

  • Primary Theme Bank Loan
  • Fund Type Open End Mutual Fund
  • Investment Style Bank Loan

Compare EIBLX to Popular Bank Loan Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$9.41

0.00%

$7.33 B

3.53%

$0.33

blocked
blocked
blocked

1.62%

0.73%

$10.55

0.00%

$5.99 B

4.15%

$0.44

blocked
blocked
blocked

1.25%

1.35%

$8.81

0.00%

$5.83 B

3.44%

$0.30

blocked
blocked
blocked

1.03%

0.82%

$8.38

-0.12%

$5.78 B

4.39%

$0.37

blocked
blocked
blocked

0.96%

0.60%

$9.76

0.00%

$3.78 B

4.09%

$0.40

blocked
blocked
blocked

0.72%

0.58%

Compare EIBLX to Popular Bank Loan ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$22.20

-0.09%

$6.01 B

3.41%

$0.76

blocked
blocked
blocked

-0.49%

0.65%

$45.86

-0.07%

$3.56 B

5.16%

$2.37

blocked
blocked
blocked

0.22%

0.70%

$47.95

-0.23%

$1.55 B

3.32%

$1.60

blocked
blocked
blocked

0.74%

0.85%

$50.46

-0.13%

$121.13 M

0.46%

$0.23

blocked
blocked
blocked

0.40%

0.25%

$16.19

-0.03%

$45.40 M

2.75%

$0.45

blocked
blocked
blocked

0.94%

1.12%

EIBLX - Profile

Distributions

  • YTD Total Return 1.0%
  • 3 Yr Annualized Total Return 3.5%
  • 5 Yr Annualized Total Return 5.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.95%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Eaton Vance Floating Rate Fund
  • Fund Family Name
    Eaton Vance
  • Inception Date
    Jan 30, 2001
  • Shares Outstanding
    500297780
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Craig Russ

Fund Description

Under normal circumstances, the fund invests at least 80% of its total assets in income producing floating rate loans and other floating rate debt securities. It invests primarily in senior floating rate loans of domestic and foreign borrowers ("Senior Loans"). Senior Loans typically are of below investment grade quality and have below investment grade credit ratings, which ratings are associated with securities having high risk, speculative characteristics (sometimes referred to as "junk").


EIBLX - Performance

Return Ranking - Trailing

Period EIBLX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -0.9% 6.1% 45.70%
1 Yr 4.7% -7.6% 10.6% 38.87%
3 Yr 3.5%* -1.6% 5.6% 32.63%
5 Yr 5.7%* 2.4% 10.5% 24.81%
10 Yr 3.9%* 1.7% 6.3% 32.70%

* Annualized

Return Ranking - Calendar

Period EIBLX Return Category Return Low Category Return High Rank in Category (%)
2020 -1.5% -16.5% 289.8% 21.53%
2019 1.8% -4.9% 7.5% 67.74%
2018 -3.4% -9.7% 5.5% 6.79%
2017 0.6% -4.2% 3.7% 12.86%
2016 6.4% -65.0% 12.9% 25.55%

Total Return Ranking - Trailing

Period EIBLX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -0.9% 6.1% 46.03%
1 Yr 4.7% -7.6% 10.6% 30.90%
3 Yr 3.5%* -2.5% 5.6% 28.77%
5 Yr 5.7%* 2.4% 10.5% 24.06%
10 Yr 3.9%* 1.7% 6.3% 31.45%

* Annualized

Total Return Ranking - Calendar

Period EIBLX Return Category Return Low Category Return High Rank in Category (%)
2020 -1.5% -16.5% 289.8% 21.53%
2019 1.8% -4.9% 7.5% 70.97%
2018 -3.4% -9.7% 5.5% 15.47%
2017 0.6% -4.2% 7.2% 21.99%
2016 6.4% -65.0% 12.9% 33.48%

NAV & Total Return History


EIBLX - Holdings

Concentration Analysis

EIBLX Category Low Category High EIBLX % Rank
Net Assets 5.83 B 6.2 M 7.33 B 4.90%
Number of Holdings 718 13 1218 7.24%
Net Assets in Top 10 467 M -161 M 1.93 B 10.53%
Weighting of Top 10 7.81% 6.4% 91.8% 90.43%

Top 10 Holdings

  1. Hyland Software, Inc. 1.02%
  2. JBS USA Lux S.A. 0.88%
  3. Informatica Corp 0.84%
  4. CenturyLink, Inc. 0.80%
  5. Ziggo 0.79%
  6. Go Daddy 0.77%
  7. Reynolds Group Holdings Inc. 0.76%
  8. Valeant (Bausch) 0.75%
  9. Bombardier Recreational Products, Inc. 0.71%
  10. Serta Simmons 0.68%

Asset Allocation

Weighting Return Low Return High EIBLX % Rank
Bonds
92.89% 26.84% 146.33% 61.51%
Cash
4.58% -1.75% 55.70% 47.37%
Stocks
1.21% 0.00% 8.10% 22.37%
Other
1.04% -51.44% 10.21% 5.26%
Convertible Bonds
0.27% 0.00% 5.44% 19.74%
Preferred Stocks
0.01% 0.00% 22.09% 31.58%

Stock Sector Breakdown

Weighting Return Low Return High EIBLX % Rank
Communication Services
75.62% 0.00% 100.00% 15.28%
Basic Materials
9.67% 0.00% 29.24% 6.55%
Financial Services
6.59% 0.00% 100.00% 6.11%
Consumer Cyclical
4.37% 0.00% 100.00% 27.95%
Industrials
3.14% 0.00% 100.00% 24.89%
Energy
0.61% 0.00% 100.00% 58.52%
Utilities
0.00% 0.00% 100.00% 24.45%
Technology
0.00% 0.00% 100.00% 20.52%
Real Estate
0.00% 0.00% 33.46% 12.66%
Healthcare
0.00% 0.00% 100.00% 23.58%
Consumer Defense
0.00% 0.00% 99.71% 20.96%

Stock Geographic Breakdown

Weighting Return Low Return High EIBLX % Rank
US
1.16% -0.11% 8.26% 21.05%
Non US
0.05% -0.16% 3.62% 16.45%

Bond Sector Breakdown

Weighting Return Low Return High EIBLX % Rank
Corporate
90.72% 0.00% 100.00% 64.36%
Cash & Equivalents
4.68% 0.00% 68.78% 54.79%
Securitized
4.60% 0.00% 100.00% 9.90%
Derivative
0.00% 0.00% 6.83% 12.21%
Municipal
0.00% 0.00% 2.40% 15.51%
Government
0.00% 0.00% 2.94% 21.78%

Bond Geographic Breakdown

Weighting Return Low Return High EIBLX % Rank
US
72.59% 5.10% 136.43% 63.49%
Non US
20.30% 0.00% 95.07% 35.53%

EIBLX - Expenses

Operational Fees

EIBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.82% 0.01% 27.10% 78.45%
Management Fee 0.65% 0.00% 1.73% 50.99%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.03% 0.40% 61.40%

Sales Fees

EIBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 3.00% N/A

Trading Fees

EIBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

EIBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 28.00% 0.00% 412.00% 14.29%

EIBLX - Distributions

Dividend Yield Analysis

EIBLX Category Low Category High EIBLX % Rank
Dividend Yield 0.00% 0.00% 4.68% 14.33%

Dividend Distribution Analysis

EIBLX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

EIBLX Category Low Category High EIBLX % Rank
Net Income Ratio 3.95% 1.29% 9.15% 76.09%

Capital Gain Distribution Analysis

EIBLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

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EIBLX - Fund Manager Analysis

Managers

Craig Russ


Start Date

Tenure

Tenure Rank

Nov 07, 2007

13.32

13.3%

Craig Russ is vice president of CRM. Craig earned a B.A., cum laude, from Middlebury College in 1985 and studied at the London School of Economics and Political Science. He is a member of the board of directors of the Loan Syndications and Trading Association (LSTA).

Andrew Sveen


Start Date

Tenure

Tenure Rank

Mar 01, 2019

2.0

2.0%

Andrew Sveen is a vice president of Eaton Vance Management, co-director of bank loans and portfolio manager on Eaton Vance’s floating-rate loan team. He is responsible for buy and sell decisions, portfolio construction and risk management for the firm’s floating-rate loan strategies. He joined Eaton Vance in 1999. Andrew began his career in the investment management industry in 1995. Previously at Eaton Vance, he was director of loan trading and capital markets. Before joining Eaton Vance, he worked as a corporate lending officer at State Street Bank. Andrew earned a B.A. from Dartmouth College and an MBA from the William E. Simon School at the University of Rochester. He is a CFA charterholder. Andrew serves as a member of the board of directors of the Loan Syndications and Trading Association (LSTA). His commentary has appeared in Bloomberg, Financial Times and Reuters.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 22.35 5.66 2.0