Home
Guide
Picks
High Yield
Dates
Monthly
Screener
Resources
ESG
Retire
Channels
Continue to site >
Trending ETFs

Eaton Vance Floating-Rate Income Trust

mutual fund
XEFTX
Payout Change
Suspended
Price as of:
$13.24 +0.01 +0.08%
primary theme
Bank Loan
share class
Other (XEFTX)
XEFTX (Mutual Fund)

Eaton Vance Floating-Rate Income Trust

Payout Change
Suspended
Price as of:
$13.24 +0.01 +0.08%
primary theme
Bank Loan
share class
Other (XEFTX)
XEFTX (Mutual Fund)

Eaton Vance Floating-Rate Income Trust

Payout Change
Suspended
Price as of:
$13.24 +0.01 +0.08%
primary theme
Bank Loan
share class
Other (XEFTX)

Name

As of 12/10/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Eaton Vance Floating-Rate Income Trust

XEFTX | Fund

$13.24

$383 M

0.00%

2.24%

Vitals

YTD Return

0.2%

1 yr return

-0.2%

3 Yr Avg Return

-2.9%

5 Yr Avg Return

-2.5%

Net Assets

$383 M

Holdings in Top 10

7.4%

52 WEEK LOW AND HIGH

$13.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.24%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 32.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 12/10/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Eaton Vance Floating-Rate Income Trust

XEFTX | Fund

$13.24

$383 M

0.00%

2.24%

XEFTX - Profile

Distributions

  • YTD Total Return 0.2%
  • 3 Yr Annualized Total Return -2.9%
  • 5 Yr Annualized Total Return -2.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 5.08%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Eaton Vance Floating-Rate Income Trust
  • Fund Family Name
    Eaton Vance
  • Inception Date
    Jul 16, 2004
  • Shares Outstanding
    28908641
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Ralph Hinckley

Fund Description

XEFTX - Performance

Return Ranking - Trailing

Period XEFTX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -3.4% 10.9% 96.98%
1 Yr -0.2% -3.2% 13.1% 97.36%
3 Yr -2.9%* -6.8% 8.2% 96.50%
5 Yr -2.5%* -6.1% 38.3% 96.68%
10 Yr 1.1%* -2.0% 19.9% 95.60%

* Annualized

Return Ranking - Calendar

Period XEFTX Return Category Return Low Category Return High Rank in Category (%)
2023 5.6% -12.0% 11.1% 4.15%
2022 -13.3% -22.9% 5.1% 93.41%
2021 0.8% -12.2% 11.1% 59.92%
2020 -4.4% -14.1% 289.8% 78.93%
2019 2.7% -8.1% 7.5% 49.36%

Total Return Ranking - Trailing

Period XEFTX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -3.4% 10.9% 96.98%
1 Yr -0.2% -3.2% 13.1% 97.36%
3 Yr -2.9%* -6.8% 8.2% 96.50%
5 Yr -2.5%* -6.1% 38.3% 96.68%
10 Yr 1.1%* -2.0% 19.9% 95.60%

* Annualized

Total Return Ranking - Calendar

Period XEFTX Return Category Return Low Category Return High Rank in Category (%)
2023 5.6% -12.0% 22.1% 95.09%
2022 -13.3% -22.9% 5.1% 96.12%
2021 0.8% -10.2% 11.1% 97.62%
2020 -4.4% -14.1% 306.9% 92.56%
2019 5.3% -3.6% 10.5% 84.68%

NAV & Total Return History

XEFTX - Holdings

Concentration Analysis

XEFTX Category Low Category High XEFTX % Rank
Net Assets 383 M 29.9 M 13.5 B 63.32%
Number of Holdings 545 2 2051 18.68%
Net Assets in Top 10 48 M -191 M 2.37 B 66.54%
Weighting of Top 10 7.39% 5.2% 100.7% 91.80%

Top 10 Holdings

  1. Uber Technologies, Inc. 0.94%
  2. CenturyLink, Inc. 0.89%
  3. Virgin Media 0.89%
  4. TransDigm, Inc. 0.82%
  5. Hyland Software, Inc. 0.79%
  6. CoreLogic Inc (New) 0.74%
  7. Misys Limited 0.74%
  8. Coinmach 0.74%
  9. Coinmach 0.74%
  10. Coinmach 0.74%

Asset Allocation

Weighting Return Low Return High XEFTX % Rank
Bonds 		96.48% 0.00% 161.82% 36.58%
Cash 		2.82% -61.90% 16.36% 46.69%
Stocks 		0.63% 0.00% 100.74% 59.14%
Other 		0.08% -52.39% 26.58% 38.52%
Preferred Stocks 		0.00% -3.99% 7.54% 96.50%
Convertible Bonds 		0.00% 0.00% 5.51% 95.29%

Stock Sector Breakdown

Weighting Return Low Return High XEFTX % Rank
Energy 		45.09% 0.00% 100.00% 22.61%
Communication Services 		44.56% 0.00% 100.00% 33.04%
Consumer Defense 		9.80% 0.00% 100.00% 15.65%
Consumer Cyclical 		0.25% 0.00% 97.66% 30.43%
Utilities 		0.22% 0.00% 100.00% 15.65%
Technology 		0.06% 0.00% 100.00% 17.39%
Industrials 		0.02% 0.00% 100.00% 40.87%
Real Estate 		0.00% 0.00% 48.61% 97.39%
Healthcare 		0.00% 0.00% 100.00% 97.39%
Financial Services 		0.00% 0.00% 89.61% 97.39%
Basic Materials 		0.00% 0.00% 1.36% 98.26%

Stock Geographic Breakdown

Weighting Return Low Return High XEFTX % Rank
US 		0.63% -0.01% 100.74% 58.37%
Non US 		0.00% 0.00% 0.68% 97.67%

Bond Sector Breakdown

Weighting Return Low Return High XEFTX % Rank
Corporate 		92.69% 0.00% 99.80% 30.20%
Securitized 		4.47% 0.00% 91.68% 10.98%
Cash & Equivalents 		2.84% 0.00% 25.03% 45.14%
Derivative 		0.00% -11.46% 0.67% 87.16%
Municipal 		0.00% 0.00% 0.47% 96.47%
Government 		0.00% 0.00% 3.18% 95.29%

Bond Geographic Breakdown

Weighting Return Low Return High XEFTX % Rank
US 		81.99% 0.00% 124.50% 82.49%
Non US 		14.49% 0.00% 63.23% 14.01%

XEFTX - Expenses

Operational Fees

XEFTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.24% 0.03% 5.51% 14.39%
Management Fee 0.75% 0.00% 1.89% 83.71%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.27% N/A

Sales Fees

XEFTX 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% 1.00% N/A

Trading Fees

XEFTX 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.

XEFTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 32.00% 4.00% 180.00% 17.77%

XEFTX - Distributions

Dividend Yield Analysis

XEFTX Category Low Category High XEFTX % Rank
Dividend Yield 0.00% 0.00% 11.13% 98.87%

Dividend Distribution Analysis

XEFTX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

XEFTX Category Low Category High XEFTX % Rank
Net Income Ratio 5.08% 1.77% 9.82% 9.88%

Capital Gain Distribution Analysis

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

Distributions History

View More +

XEFTX - Fund Manager Analysis

Managers

Ralph Hinckley

Start Date

Tenure

Tenure Rank

Jan 30, 2008

14.34

14.3%

Ralph Hinckley is a vice president of Eaton Vance Management and senior analyst/portfolio manger. Ralph, a CFA charterholder, has been a member of the Eaton Vance Bank Loan team since joining Eaton Vance in August 2003. He focuses on credit analysis within the media/telecom and real estate industries. He previously held the position of vice president at Citizens Bank with prior positions and credit training at State Street Corporation. Ralph earned his M.B.A., with honors, from Boston University Graduate School of Management in 1997. He graduated from Bates College in 1993 with a B.A. in political science.

Catherine McDermott

Start Date

Tenure

Tenure Rank

Mar 01, 2019

3.25

3.3%

Ms. McDermott is a Vice President of CRM, has been employed by the Eaton Vance organization for more than five years, has served as portfolio manager of the Fund since April 2018 and also manages other funds. Catherine earned her B.S. from Boston College.

Daniel McElaney

Start Date

Tenure

Tenure Rank

Mar 01, 2019

3.25

3.3%

Andrew Sveen

Start Date

Tenure

Tenure Rank

Mar 01, 2019

3.25

3.3%

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
0.09 21.18 6.08 3.25

Advertisement

×

Wait! Rates are rising, is your portfolio ready?

×