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EABLX Eaton Vance Floating Rate Adv

  • Fund
  • EABLX
  • Price as of: May 22, 2019
  • $8.93 - $0.00 - 0.00%
  • Category
  • Bank Loan

EABLX - Profile

Vitals

  • YTD Return 2.9%
  • 3 Yr Annualized Return 1.0%
  • 5 Yr Annualized Return -0.4%
  • Net Assets $8.21 B
  • Holdings in Top 10 7.5%

52 WEEK LOW AND HIGH

$8.93
$8.68
$9.09

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.02%

SALES FEES

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

BROKERAGE FEES

  • Turnover 30.00%

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 2.9%
  • 3 Yr Annualized Total Return 1.0%
  • 5 Yr Annualized Total Return -0.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.95%
DIVIDENDS
  • Dividend Yield 1.5%
  • 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 53597535
  • Share Class Adv
  • Currency USD
  • Domiciled Country United States
  • Manager Scott H. Page

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 (%)
YTD 2.9% 0.0% 4.2% 78.24%
1 Yr -1.2% -3.5% 1.1% 27.13%
3 Yr 1.0%* -1.1% 3.1% 12.15%
5 Yr -0.4%* -3.0% -0.3% 3.93%
10 Yr 1.9%* -0.1% 2.8% 22.78%

* Annualized


Return Ranking - Calendar

Period EABLX Return Category Return Low Category Return High Rank in Category (%)
2018 -3.4% -6.4% 0.0% 6.38%
2017 0.4% -2.7% 2.8% 18.92%
2016 6.5% -0.4% 7.9% 21.67%
2015 -5.6% -10.4% -1.0% 61.24%
2014 -3.1% -6.9% -1.7% 42.05%

Total Return Ranking - Trailing

Period EABLX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.9% 0.0% 4.4% 80.83%
1 Yr -1.2% -3.0% 2.4% 37.23%
3 Yr 1.0%* -0.6% 6.2% 27.62%
5 Yr -0.4%* -2.3% 3.6% 17.98%
10 Yr 1.9%* -0.1% 5.2% 27.85%

* Annualized


Total Return Ranking - Calendar

Period EABLX Return Category Return Low Category Return High Rank in Category (%)
2018 -3.4% -6.4% 0.7% 17.55%
2017 0.4% -1.6% 7.2% 29.73%
2016 6.5% 1.6% 11.5% 30.56%
2015 -5.6% -8.8% 1.6% 68.54%
2014 -3.1% -6.9% 2.4% 53.98%

NAV & Total Return History

EABLX - Holdings

Concentration Analysis

EABLX Category Low Category High EABLX % Rank
Net Assets 8.21 B 66.1 M 12.7 B 13.47%
Number of Holdings 724 94 1862 11.40%
Net Assets in Top 10 725 M 10.3 M 1.74 B 15.03%
Weighting of Top 10 7.52% 5.3% 81.0% 79.79%

Top 10 Holdings

  1. Jbs Usa Lux S.A. 0.95%

  2. Infor Lawson 0.87%

  3. Virgin Media 0.81%

  4. Restaurant Brands International 0.81%

  5. Centurylink, Inc. 0.75%

  6. Ppd 0.70%

  7. Kronos Incorporated 0.69%

  8. Change Healthcare 0.67%

  9. Valeant (Bausch) 0.66%

  10. Sprint Communications, Inc. 0.62%


Asset Allocation

Weighting Return Low Return High EABLX % Rank
Bonds
94.04% 85.10% 100.55% 65.80%
Cash
4.63% -1.72% 11.50% 45.60%
Stocks
1.03% 0.00% 3.84% 20.21%
Other
0.29% -1.82% 9.21% 23.83%
Preferred Stocks
0.00% 0.00% 0.31% 78.76%
Convertible Bonds
0.00% 0.00% 4.55% 79.79%

Stock Sector Breakdown

Weighting Return Low Return High EABLX % Rank
Consumer Cyclical
0.16% 0.00% 0.73% 18.24%
Utilities
0.00% 0.00% 0.44% 75.88%
Technology
0.00% 0.00% 0.06% 69.41%
Real Estate
0.00% 0.00% 0.15% 71.18%
Industrials
0.00% 0.00% 0.45% 82.35%
Healthcare
0.00% 0.00% 0.09% 69.41%
Financial Services
0.00% 0.00% 0.33% 75.29%
Energy
0.00% 0.00% 0.53% 76.47%
Communication Services
0.00% 0.00% 0.02% 70.00%
Consumer Defense
0.00% 0.00% 0.05% 70.00%
Basic Materials
0.00% 0.00% 2.29% 77.06%

Stock Geographic Breakdown

Weighting Return Low Return High EABLX % Rank
US
1.03% 0.00% 3.84% 20.21%
Non US
0.00% 0.00% 0.53% 74.09%

Bond Sector Breakdown

Weighting Return Low Return High EABLX % Rank
Corporate
91.46% 44.81% 98.54% 75.65%
Cash & Equivalents
4.63% -1.90% 11.50% 47.15%
Securitized
2.56% 0.00% 39.66% 18.65%
Derivative
0.00% -0.10% 9.07% 66.84%
Municipal
0.00% 0.00% 0.15% 70.98%
Government
0.00% 0.00% 8.58% 73.58%

Bond Geographic Breakdown

Weighting Return Low Return High EABLX % Rank
US
75.91% 33.98% 97.95% 66.84%
Non US
18.13% 0.00% 56.13% 34.20%

EABLX - Expenses

Operational Fees

EABLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.02% 0.01% 2.99% 53.37%
Management Fee 0.63% 0.00% 1.00% 60.10%
12b-1 Fee 0.25% 0.00% 1.00% 44.44%
Administrative Fee 0.15% 0.03% 0.40% 79.05%

Sales Fees

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

Trading Fees

EABLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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 Return Low Category Return High Rank in Category (%)
Turnover 30.00% 12.00% 163.00% 11.40%

EABLX - Distributions

Dividend Yield Analysis

EABLX Category Low Category High EABLX % Rank
Dividend Yield 1.51% 0.00% 2.10% 22.28%

Dividend Distribution Analysis

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

Dividend Payout History