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EVFAX Eaton Vance Floating-Rate Advantage Adv

  • Fund
  • EVFAX
  • Price as of: Jun 14, 2019
  • $10.74 - $0.00 - 0.00%
  • Category
  • Bank Loan

EVFAX - Profile

Vitals

  • YTD Return 3.3%
  • 3 Yr Annualized Return 0.9%
  • 5 Yr Annualized Return -0.7%
  • Net Assets $8.44 B
  • Holdings in Top 10 7.3%

52 WEEK LOW AND HIGH

$10.74
$10.40
$11.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.40%

SALES FEES

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

BROKERAGE FEES

  • Turnover 29.00%

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 3.3%
  • 3 Yr Annualized Total Return 0.9%
  • 5 Yr Annualized Total Return -0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.51%
DIVIDENDS
  • Dividend Yield 2.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Eaton Vance Floating-Rate Advantage Fund
  • Fund Family Name Eaton Vance
  • Inception Date Mar 17, 2008
  • Shares Outstanding 14803575
  • 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").

EVFAX - Performance

Return Ranking - Trailing

Period EVFAX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.3% N/A N/A N/A
1 Yr -1.7% N/A N/A N/A
3 Yr 0.9%* N/A N/A N/A
5 Yr -0.7%* N/A N/A N/A
10 Yr 2.0%* N/A N/A N/A

* Annualized


Return Ranking - Calendar

Period EVFAX Return Category Return Low Category Return High Rank in Category (%)
2018 -4.4% N/A N/A N/A
2017 0.5% N/A N/A N/A
2016 7.2% N/A N/A N/A
2015 -6.4% N/A N/A N/A
2014 -3.7% N/A N/A N/A

Total Return Ranking - Trailing

Period EVFAX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.3% N/A N/A N/A
1 Yr -1.7% N/A N/A N/A
3 Yr 0.9%* N/A N/A N/A
5 Yr -0.7%* N/A N/A N/A
10 Yr 2.0%* N/A N/A N/A

* Annualized


Total Return Ranking - Calendar

Period EVFAX Return Category Return Low Category Return High Rank in Category (%)
2018 -4.4% N/A N/A N/A
2017 0.5% N/A N/A N/A
2016 7.2% N/A N/A N/A
2015 -6.4% N/A N/A N/A
2014 -3.7% N/A N/A N/A

NAV & Total Return History

EVFAX - Holdings

Concentration Analysis

EVFAX Category Low Category High EVFAX % Rank
Net Assets 8.44 B N/A N/A N/A
Number of Holdings 762 N/A N/A N/A
Net Assets in Top 10 838 M N/A N/A N/A
Weighting of Top 10 7.34% N/A N/A N/A

Top 10 Holdings

  1. Infor Lawson 0.90%

  2. Ppd 0.81%

  3. Centurylink, Inc. 0.79%

  4. Kronos Incorporated 0.76%

  5. Valeant (Bausch) 0.74%

  6. Jbs Usa Lux S.A. 0.72%

  7. Restaurant Brands International 0.71%

  8. Solarwinds Holdings, Inc. 0.65%

  9. Reynolds Consumer Products 0.63%

  10. Virgin Media 0.63%


Asset Allocation

Weighting Return Low Return High EVFAX % Rank
Bonds
96.82% N/A N/A N/A
Cash
2.67% N/A N/A N/A
Stocks
0.49% N/A N/A N/A
Other
0.02% N/A N/A N/A
Preferred Stocks
0.00% N/A N/A N/A
Convertible Bonds
0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High EVFAX % Rank
Financial Services
0.33% N/A N/A N/A
Consumer Cyclical
0.05% N/A N/A N/A
Utilities
0.00% N/A N/A N/A
Technology
0.00% N/A N/A N/A
Real Estate
0.00% N/A N/A N/A
Industrials
0.00% N/A N/A N/A
Healthcare
0.00% N/A N/A N/A
Energy
0.00% N/A N/A N/A
Communication Services
0.00% N/A N/A N/A
Consumer Defense
0.00% N/A N/A N/A
Basic Materials
0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High EVFAX % Rank
US
0.49% N/A N/A N/A
Non US
0.00% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High EVFAX % Rank
Corporate
94.47% N/A N/A N/A
Cash & Equivalents
2.67% N/A N/A N/A
Securitized
2.29% N/A N/A N/A
Derivative
0.00% N/A N/A N/A
Municipal
0.00% N/A N/A N/A
Government
0.00% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High EVFAX % Rank
US
78.15% N/A N/A N/A
Non US
18.67% N/A N/A N/A

EVFAX - Expenses

Operational Fees

EVFAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.40% N/A N/A N/A
Management Fee 0.57% N/A N/A N/A
12b-1 Fee 0.25% N/A N/A N/A
Administrative Fee 0.10% N/A N/A N/A

Sales Fees

EVFAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

EVFAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A 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.

EVFAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 29.00% N/A N/A N/A

EVFAX - Distributions

Dividend Yield Analysis

EVFAX Category Low Category High EVFAX % Rank
Dividend Yield 2.58% N/A N/A N/A

Dividend Distribution Analysis

EVFAX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly

Dividend Payout History