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EABLX Eaton Vance Floating Rate Adv

  • Fund
  • EABLX
  • Price as of: Sep 18, 2018
  • $9.07
  • - $0.00
  • - 0.00%
  • Category
  • Bank Loan

EABLX - Profile

Vitals

  • YTD Return 0.9%
  • 3 Yr Annualized Return 5.0%
  • 5 Yr Annualized Return 3.6%
  • Net Assets $9.57 B
  • Holdings in Top 10 6.7%

52 WEEK LOW AND HIGH

$9.07
$8.98
$9.07

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.04%

SALES FEES

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

BROKERAGE FEES

  • Turnover 42.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$1,000

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 0.9%
  • 3 Yr Annualized Total Return 5.0%
  • 5 Yr Annualized Total Return 3.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.60%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Eaton Vance Floating Rate Fund
  • Fund Family Name Eaton Vance
  • Inception Date Feb 07, 2001
  • Shares Outstanding 61514828
  • Share Class Adv
  • Currency USD
  • Domiciled Country United States
  • Manager Craig P. 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").

EABLX - Performance

Return Ranking - Trailing

Period EABLX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.9% -1.8% 4.4% 2.37% 1
1 Yr 4.9% -1.0% 12.4% 16.04% 1
3 Yr 5.0% * 0.2% 6.1% 16.83% 1
5 Yr 3.6% * 0.6% 5.8% 35.08% 2
10 Yr 4.5% * 0.3% 6.7% 40.54% 2

* Annualized


Return Ranking - Calendar

Period EABLX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.4% -5.3% 6.5% 18.10% 2
2016 6.5% -12.2% 7.9% 14.98% 2
2015 -5.6% -10.4% 0.0% 43.48% 4
2014 -3.1% -6.9% 12.5% 29.90% 3
2013 0.7% -1.3% 11.2% 51.14% 4

Total Return Ranking - Trailing

Period EABLX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.9% -100.0% 4.4% 2.37% 1
1 Yr 4.9% -1.6% 12.4% 10.85% 1
3 Yr 5.0% * 0.3% 6.1% 13.46% 1
5 Yr 3.6% * 0.6% 5.8% 28.27% 2
10 Yr 4.5% * 0.3% 6.7% 36.04% 2

* Annualized


Total Return Ranking - Calendar

Period EABLX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.4% -5.3% 6.5% 18.10% 2
2016 6.5% -12.2% 10.8% 24.15% 2
2015 -5.6% -8.8% 2.9% 50.24% 4
2014 -3.1% -6.9% 12.5% 42.16% 3
2013 0.7% -1.3% 11.2% 57.95% 4

NAV & Total Return History

EABLX - Holdings

Filings data as of: Jul 31, 2018

Concentration Analysis

EABLX Category Low Category High EABLX % Rank Quintile
Net Assets 9.57 B 51.6 M 15.4 B 2.83% 1
Number of Holdings 737 103 1866 3.30% 1
Net Assets in Top 10 767 M -331 M 1.98 B 3.77% 1
Weighting of Top 10 6.7% 5.0% 224.2% 28.77% 5

Top 10 Holdings

  1. Jbs Usa, Llc 0.82%
  2. Restaurant Brands International 0.74%
  3. Infor Lawson 0.74%
  4. Change Healthcare 0.73%
  5. Virgin Media 0.69%
  6. Avolon Tlb Borrower 1 (Us) Llc 0.68%
  7. Ppd 0.60%
  8. Valeant Pharmaceuticals International, Inc. 0.58%
  9. Univision Communications Inc. 0.58%
  10. Transdigm, Inc. 0.56%

Asset Allocation

Weighting Category Low Category High EABLX % Rank Quintile
Bonds
89.79% 5.65% 103.37% 24.06% 5
Cash
8.68% -7.89% 87.26% 6.13% 1
Stocks
1.08% 0.00% 8.49% 7.55% 2
Other
0.45% -2.43% 59.34% 18.87% 3
Preferred Stocks
0.00% 0.00% 0.57% 7.08% 5
Convertible Bonds
0.00% 0.00% 6.79% 8.49% 5

Stock Sector Breakdown

Weighting Category Low Category High EABLX % Rank Quintile
Consumer Cyclical
0.16% 0.00% 0.85% 6.56% 2
Utilities
0.00% 0.00% 0.43% 6.01% 5
Technology
0.00% 0.00% 0.06% 1.09% 4
Real Estate
0.00% 0.00% 0.61% 5.46% 5
Industrials
0.00% 0.00% 0.65% 7.65% 5
Healthcare
0.00% 0.00% 0.09% 1.64% 4
Financial Services
0.00% 0.00% 1.04% 3.83% 4
Energy
0.00% 0.00% 1.33% 10.93% 5
Communication Services
0.00% 0.00% 0.13% 3.83% 5
Consumer Defense
0.00% 0.00% 0.13% 3.83% 5
Basic Materials
0.00% 0.00% 1.72% 10.38% 5

Stock Geographic Breakdown

Weighting Category Low Category High EABLX % Rank Quintile
US
1.08% 0.00% 8.49% 6.13% 1
Non US
0.00% 0.00% 1.01% 6.60% 5

Bond Sector Breakdown

Weighting Category Low Category High EABLX % Rank Quintile
Corporate
88.19% 22.75% 103.35% 20.75% 4
Cash & Equivalents
8.68% -8.81% 164.55% 5.66% 1
Securitized
1.46% 0.00% 48.85% 8.96% 2
Derivative
0.00% -33.31% 17.86% 6.60% 4
Municipal
0.00% 0.00% 1.96% 2.36% 5
Government
0.00% -115.02% 19.70% 6.60% 5

Bond Geographic Breakdown

Weighting Category Low Category High EABLX % Rank Quintile
US
50.71% -54.19% 95.79% 27.83% 5
Non US
39.08% 0.00% 78.18% 5.19% 1

EABLX - Expenses

Operational Fees

EABLX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.04% 0.10% 2.62% 29.25% 3
Management Fee 0.64% 0.00% 1.00% 5.19% 4
12b-1 Fee 0.25% 0.00% 1.00% 7.89% 3
Administrative Fee 0.15% 0.03% 0.40% 5.93% 4

Sales Fees

EABLX Fees (% of AUM) Category Low Category High EABLX Rank Quintile
Front Load N/A 0.75% 4.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

EABLX Fees (% of AUM) Category Low Category High EABLX Rank Quintile
Max Redemption Fee N/A 1.00% 2.00% N/A N/A

Turnover 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.

EABLX Fees (% of AUM) Category Low Category High EABLX Rank Quintile
Turnover 42.00% 13.00% 243.00% 21.23% 1

EABLX - Distributions

Dividend Yield Analysis

EABLX Category Low Category High EABLX % Rank Quintile
Dividend Yield 0.3% 0.14% 1.25% 51.20% 4

Dividend Distribution Analysis

EABLX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Monthly Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

EABLX Category Low Category High EABLX % Rank Quintile
Net Income Ratio 3.60% 1.66% 5.41% 41.51% 4

Capital Gain Distribution Analysis

EABLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

EABLX - Managers

Craig P. Russ

Manager

Start Date

Nov 07, 2007

Tenure

10.82

Tenure Rank

3.6%

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).


Scott H. Page

Manager

Start Date

Jan 30, 2001

Tenure

17.59

Tenure Rank

0.9%

Scott Page is a vice president of CRM.Scott earned a B.A. from Williams College in 1981 and an M.B.A. from the Amos Tuck School of Dartmouth College in 1987.


Tenure Analysis

Category Low

0.0

Category High

22.0

Category Average

6.18

Category Mode

3.7