EAFHX: Eaton Vance Floating-Rate & Hi Inc Adv

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EAFHX Eaton Vance Floating-Rate & Hi Inc Adv


Profile

EAFHX - Profile

Vitals

  • YTD Return -3.6%
  • 3 Yr Annualized Return -1.7%
  • 5 Yr Annualized Return -0.5%
  • Net Assets $890 M
  • Holdings in Top 10 6.7%

52 WEEK LOW AND HIGH

$8.41
$7.01
$8.76

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.04%

SALES FEES

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

BROKERAGE FEES

  • Turnover 5.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -3.6%
  • 3 Yr Annualized Total Return -1.7%
  • 5 Yr Annualized Total Return -0.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.68%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Eaton Vance Floating-Rate & High Income Fund
  • Fund Family Name
    Eaton Vance
  • Inception Date
    Sep 07, 2000
  • Shares Outstanding
    5500407
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Craig Russ

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Categories

Performance

EAFHX - Performance

Return Ranking - Trailing

Period EAFHX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.6% -100.0% 282.0% 30.15%
1 Yr -3.3% -100.0% 282.3% 29.39%
3 Yr -1.7%* -6.3% 55.7% 24.68%
5 Yr -0.5%* -4.0% 30.8% 12.50%
10 Yr -0.2%* -1.9% 0.2% 8.74%

* Annualized

Return Ranking - Calendar

Period EAFHX Return Category Return Low Category Return High Rank in Category (%)
2019 2.8% -8.1% 5.7% 42.97%
2018 -4.3% -12.2% 0.1% 26.56%
2017 0.6% -2.7% 2.5% 9.50%
2016 6.7% -0.4% 12.9% 14.98%
2015 -5.8% -12.5% -0.8% 64.06%

Total Return Ranking - Trailing

Period EAFHX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.6% -100.0% 282.0% 30.15%
1 Yr -3.3% -100.0% 282.3% 29.39%
3 Yr -1.7%* -6.3% 55.7% 39.83%
5 Yr -0.5%* -4.0% 30.8% 27.50%
10 Yr -0.2%* -1.9% 2.2% 12.62%

* Annualized

Total Return Ranking - Calendar

Period EAFHX Return Category Return Low Category Return High Rank in Category (%)
2019 2.8% -8.1% 5.7% 44.53%
2018 -4.3% -12.2% 2.5% 36.93%
2017 0.6% -2.5% 7.2% 19.00%
2016 6.7% -0.1% 12.9% 22.71%
2015 -5.8% -12.5% 1.6% 71.35%

NAV & Total Return History


Holdings

EAFHX - Holdings

Concentration Analysis

EAFHX Category Low Category High EAFHX % Rank
Net Assets 890 M 11.2 M 7.47 B 36.54%
Number of Holdings 1156 30 1156 0.75%
Net Assets in Top 10 60.7 M -109 M 922 M 56.98%
Weighting of Top 10 6.73% 6.4% 86.6% 93.21%

Top 10 Holdings

  1. Informatica Corp 0.76%
  2. JBS USA Lux S.A. 0.74%
  3. Valeant (Bausch) 0.68%
  4. CenturyLink, Inc. 0.68%
  5. Ziggo 0.66%
  6. Go Daddy 0.66%
  7. Envision Healthcare 0.66%
  8. Hyland Software, Inc. 0.63%
  9. Reynolds Group Holdings Inc. 0.63%
  10. PPD 0.61%

Asset Allocation

Weighting Return Low Return High EAFHX % Rank
Bonds
94.55% 81.85% 138.26% 58.87%
Cash
3.62% -38.40% 12.20% 62.64%
Stocks
0.94% 0.00% 1.72% 14.72%
Other
0.72% -4.05% 6.96% 12.83%
Preferred Stocks
0.13% 0.00% 1.08% 17.74%
Convertible Bonds
0.03% 0.00% 2.59% 18.49%

Stock Sector Breakdown

Weighting Return Low Return High EAFHX % Rank
Communication Services
41.69% 0.00% 100.00% 34.85%
Consumer Cyclical
25.13% 0.00% 100.00% 8.08%
Industrials
19.02% 0.00% 100.00% 9.09%
Healthcare
9.22% 0.00% 100.00% 7.07%
Utilities
4.40% 0.00% 100.00% 20.71%
Energy
0.54% 0.00% 100.00% 37.88%
Technology
0.00% 0.00% 100.00% 67.68%
Real Estate
0.00% 0.00% 41.30% 53.03%
Financial Services
0.00% 0.00% 100.00% 60.10%
Consumer Defense
0.00% 0.00% 0.92% 56.57%
Basic Materials
0.00% 0.00% 100.00% 60.10%

Stock Geographic Breakdown

Weighting Return Low Return High EAFHX % Rank
US
0.74% 0.00% 1.71% 14.72%
Non US
0.20% 0.00% 0.53% 4.91%

Bond Sector Breakdown

Weighting Return Low Return High EAFHX % Rank
Corporate
92.73% 0.00% 99.76% 56.23%
Cash & Equivalents
3.68% 0.08% 68.77% 69.06%
Securitized
3.59% 0.00% 97.90% 20.00%
Derivative
0.00% 0.00% 20.26% 53.21%
Municipal
0.00% 0.00% 98.79% 53.21%
Government
0.00% 0.00% 4.91% 54.72%

Bond Geographic Breakdown

Weighting Return Low Return High EAFHX % Rank
US
76.05% 8.71% 98.79% 55.85%
Non US
18.50% 0.00% 94.43% 43.40%

Expenses

EAFHX - Expenses

Operational Fees

EAFHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.04% 0.01% 27.10% 52.27%
Management Fee 0.15% 0.00% 1.00% 1.14%
12b-1 Fee 0.25% 0.00% 1.00% 38.36%
Administrative Fee 0.15% 0.03% 0.40% 77.00%

Sales Fees

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

Trading Fees

EAFHX 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.

EAFHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 5.00% 5.00% 412.00% 0.75%

Distributions

EAFHX - Distributions

Dividend Yield Analysis

EAFHX Category Low Category High EAFHX % Rank
Dividend Yield 0.00% 0.00% 4.28% 51.14%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

EAFHX Category Low Category High EAFHX % Rank
Net Income Ratio 4.68% 1.40% 10.03% 59.85%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

EAFHX - Fund Manager Analysis

Managers

Craig Russ


Start Date

Tenure

Tenure Rank

Nov 07, 2007

12.82

12.8%

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).

Stephen Concannon


Start Date

Tenure

Tenure Rank

Nov 30, 2014

5.76

5.8%

Stephen Concannon is a vice president of Eaton Vance Management, co-director of high yield and portfolio manager on Eaton Vance’s high-yield team. He is responsible for buy and sell decisions, portfolio construction and risk management for the firm’s high-yield strategies. He joined Eaton Vance in 2000. Steve began his career in the investment management industry in 1993. Before joining Eaton Vance, he was a research analyst for Wellington Management. Steve earned a B.A. from Bates College. He is a member of the CFA Society Boston and is a CFA charterholder.

Kelley Baccei


Start Date

Tenure

Tenure Rank

Nov 30, 2014

5.76

5.8%

Kelley Baccei is a vice president of Eaton Vance Management and a portfolio manager on Eaton Vance’s high-yield team. She is responsible for buy and sell decisions and portfolio construction. She joined Eaton Vance in 2005. Kelley began her career in the investment management industry in 2000. Before joining Eaton Vance, she was the director of high-yield distressed research at Fieldstone Capital Group. Previously, she was associate director of fixed-income research at Scotia Capital Markets, Inc. Kelley earned a B.A. from Boston College and a certificate in credit analysis from New York University.

Andrew Sveen


Start Date

Tenure

Tenure Rank

Mar 01, 2019

1.5

1.5%

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.

Jeffrey Mueller


Start Date

Tenure

Tenure Rank

Jun 30, 2019

1.17

1.2%

Jeff is a vice president of Eaton Vance Management International and portfolio manager on Eaton Vance’s high yield team. Jeff also provides research coverage on European and other non-US high yield opportunities. Jeff’s experience in the investment management industry dates to 2004. Prior to joining Eaton Vance in 2015, Jeff was a fund manager and research analyst with Threadneedle Investments in London. He earned a B.A. from the University of Wisconsin, and holds the IMC certification. Jeff is based in Eaton Vance’s London office.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 16.78 5.54 2.93