Welcome to MutualFunds.com. Please help us personalize your experience.
Thank you for your submission, we hope you enjoy your experience

Select the one that best describes you
Mutualfunds logo

EBFAX Eaton Vance Floating-Rate Advantage B

  • Fund
  • EBFAX
  • Price as of: Aug 08, 2016
  • $10.56
  • + $0.01
  • + 0.10%
  • Category
  • Bank Loan

EBFAX - Profile

Vitals

  • YTD Return 0.6%
  • 3 Yr Annualized Return 2.3%
  • 5 Yr Annualized Return 3.8%
  • Net Assets $4.65 B
  • Holdings in Top 10 8.5%

52 WEEK LOW AND HIGH

$10.56
$10.24
$10.56

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.71%

SALES FEES

  • Front Load N/A
  • Deferred Load 3.00%

BROKERAGE FEES

  • Turnover 27.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of 2012-01-03

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 0.6%
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return 3.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.31%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Eaton Vance Floating-Rate Advantage Fund
  • Fund Family Name Eaton Vance
  • Inception Date Aug 04, 1989
  • Shares Outstanding N/A
  • Share Class B
  • Currency USD
  • Domiciled Country United States
  • Manager Craig P. Russ

EBFAX - Performance

Return Ranking - Trailing

Period EBFAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.6% -4.2% 5.4% 62.38% 5
1 Yr 2.3% -4.3% 4.1% 35.55% 2
3 Yr 2.3% * -0.7% 5.6% 42.02% 3
5 Yr 3.8% * 0.7% 5.6% 29.19% 2
10 Yr 4.3% * 0.0% 6.0% 10.34% 1

* Annualized


Return Ranking - Calendar

Period EBFAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -2.9% -12.2% 2.7% 15.79% 2
2014 N/A N/A N/A N/A N/A
2013 N/A N/A N/A N/A N/A
2012 N/A N/A N/A N/A N/A
2011 N/A N/A N/A N/A N/A

Total Return Ranking - Trailing

Period EBFAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.6% -4.2% 5.4% 62.38% 5
1 Yr -0.7% -8.1% 4.1% 74.88% 4
3 Yr 1.7% * -0.8% 5.6% 58.51% 3
5 Yr 3.8% * 0.7% 5.6% 25.47% 2
10 Yr 4.3% * 0.0% 6.0% 10.34% 1

* Annualized


Total Return Ranking - Calendar

Period EBFAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -2.9% -12.2% 2.7% 15.79% 2
2014 N/A N/A N/A N/A N/A
2013 N/A N/A N/A N/A N/A
2012 N/A N/A N/A N/A N/A
2011 N/A N/A N/A N/A N/A

NAV & Total Return History

EBFAX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

EBFAX Category Low Category High EBFAX % Rank Quintile
Net Assets 4.65 B 15.8 M 11.8 B 2.84% 1
Number of Holdings 574 49 1079 1.42% 1
Net Assets in Top 10 506 M -331 M 1.42 B 3.32% 1
Weighting of Top 10 8.5% 6.6% 224.2% 19.91% 4

Top 10 Holdings

  1. Avago 1.15%
  2. Infor Lawson 0.84%
  3. ALBERTSON'S LLC FLOATING COUPON MATURITY 20230622 0.79%
  4. Dell International Llc 0.78%
  5. Endurance International (Eig) 0.78%
  6. Fortescue Metals Group 0.75%
  7. Rexnord Llc 0.74%
  8. Gates Global, Inc. 0.73%
  9. Intelsat Jackson Holdings 0.72%
  10. Getty Images, Inc. 0.69%

Asset Allocation

Weighting Category Low Category High EBFAX % Rank Quintile
Bonds
91.06% 5.65% 100.19% 10.90% 2
Cash
8.11% -0.76% 87.26% 10.90% 2
Other
0.65% -1.32% 10.05% 16.11% 4
Stocks
0.17% -0.06% 7.11% 8.06% 2
Preferred Stocks
0.01% 0.00% 0.70% 4.27% 2
Convertible Bonds
0.00% 0.00% 1.38% 4.27% 5

Stock Sector Breakdown

Weighting Category Low Category High EBFAX % Rank Quintile
Consumer Cyclical
0.07% -0.01% 1.05% 5.73% 2
Financial Services
0.00% -0.01% 0.00% 0.64% 4
Real Estate
0.00% 0.00% 0.61% 1.27% 4
Industrials
0.00% -0.01% 0.02% 1.27% 4
Healthcare
0.00% -0.01% 0.08% 1.27% 4
Technology
0.00% -0.01% 0.00% 0.64% 4
Energy
0.00% 0.00% 1.33% 3.82% 4
Communication Services
0.00% 0.00% 0.12% 2.55% 5
Consumer Defense
0.00% -0.01% 0.26% 3.82% 5
Utilities
0.00% 0.00% 0.15% 1.91% 5
Basic Materials
0.00% 0.00% 0.85% 6.37% 5

Stock Geographic Breakdown

Weighting Category Low Category High EBFAX % Rank Quintile
US
0.17% -0.06% 7.11% 8.06% 2
Non US
0.00% 0.00% 0.22% 3.79% 5

Bond Sector Breakdown

Weighting Category Low Category High EBFAX % Rank Quintile
Corporate
59.73% 0.00% 99.67% 24.17% 5
Cash & Equivalents
2.41% -0.76% 164.55% 20.38% 4
Securitized
0.68% 0.00% 23.73% 7.11% 2
Derivative
0.00% -33.31% 3.34% 2.84% 4
Municipal
0.00% 0.00% 1.96% 1.42% 5
Government
0.00% -115.02% 9.57% 9.00% 4

Bond Geographic Breakdown

Weighting Category Low Category High EBFAX % Rank Quintile
US
70.05% -54.19% 94.29% 16.11% 3
Non US
21.01% 0.00% 84.96% 9.00% 2

EBFAX - Expenses

Operational Fees

EBFAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.71% 0.56% 3.17% 12.32% 4
Management Fee 0.63% 0.15% 1.02% 5.69% 3
12b-1 Fee 0.60% 0.00% 1.00% 4.61% 4
Administrative Fee 0.10% 0.01% 0.40% 7.63% 3

Sales Fees

EBFAX Fees (% of AUM) Category Low Category High EBFAX Rank Quintile
Front Load N/A 0.75% 5.75% N/A N/A
Deferred Load 3.00% 1.00% 5.00% 7.27% 5

Trading Fees

EBFAX Fees (% of AUM) Category Low Category High EBFAX 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.

EBFAX Fees (% of AUM) Category Low Category High EBFAX Rank Quintile
Turnover 27.00% 5.00% 196.00% 17.54% 1

EBFAX - Distributions

Dividend Yield Analysis

EBFAX Category Low Category High EBFAX % Rank Quintile
Dividend Yield 0.4% 0.14% 1.25% 18.18% 2

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

EBFAX Category Low Category High EBFAX % Rank Quintile
Net Income Ratio 4.31% 1.33% 5.69% 20.85% 2

Capital Gain Distribution Analysis

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

EBFAX - Managers

Craig P. Russ

Manager

Start Date

Nov 07, 2007

Tenure

8.74

Tenure Rank

3.1%

Craig Russ is vice president of Eaton Vance Management, director of credit analysis and portfolio manager on Eaton Vance's floating-rate loan team. Craig joined Eaton Vance 1997 as an analyst and became co-manager of institutional floating-rate loan funds in 2001. Prior to joining Eaton Vance, he worked for 10 years in commercial lending with State Street Bank. 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

Aug 31, 1996

Tenure

19.93

Tenure Rank

0.2%

Scott Page is a vice president of Eaton Vance Management, portfolio manager on Eaton Vance's bank loan team since 1996 and head of the Bank Loan Investment group. Scott joined Eaton Vance in 1989 as a senior financial analyst in the bank loan group. He was promoted to co-portfolio manager in 1996. His previous experience includes the Dartmouth College Investment Office, as well as corporate finance and commercial lending at Citicorp and Chase Manhattan Bank.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

0.1

Category High

19.9

Category Average

5.69

Category Mode

1.6