EV Floating Rate Income (EFT)

11.11 +0.06  +0.54% NYSE May 26, 16:59 Delayed 2m USD
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Key Stats

Net Asset Value 12.67
Discount or Premium to NAV -12.79%
Turnover Ratio 24.00%
1 Year Fund Level Flows -29.46M

Performance & Returns

  Total Return (Price) Total Return (NAV) Cat. Total Return (NAV) % Rank in Cat. (NAV)
1M 3.04% 2.73% 2.34% 37
3M -19.22% -13.97% -14.17% 47
6M -12.78% -11.11% -10.36% 44
YTD -17.19% -13.43% -12.90% 40
1Y -11.79% -11.01% -12.13% 37
3Y -3.70% -0.76% -1.57% 33
5Y 1.11% 1.80% 1.06% 30
10Y 3.92% 4.61% 4.60% 50
15Y 4.00% 4.24% 3.65% 27
20Y -- -- 3.82% --
As of May 22, 2020. Returns for periods of 1 year and above are annualized.

Asset Allocation

Type % Net % Long % Short
Cash 1.17% 1.19% 0.03%
Stock 0.59% 0.59% 0.00%
Bond 97.93% 97.99% 0.06%
Convertible 0.00% 0.00% 0.00%
Preferred 0.01% 0.01% 0.00%
Other 0.30% 0.30% 0.00%
As of March 31, 2020

Region Exposure

Americas 86.96%
North America 84.05%
Latin America 2.91%
Greater Europe 12.82%
United Kingdom 1.28%
Europe Developed 11.07%
Europe Emerging 0.00%
Africa/Middle East 0.14%
Greater Asia 0.22%
Japan 0.00%
Australasia 0.13%
Asia Developed 0.08%
Asia Emerging 0.00%
Market Classification
% Developed Markets 99.47%
% Emerging Markets 0.53%
As of March 31, 2020. Region breakdown data is calculated by using the long position holdings of the portfolio.

EFT Bond Exposure

Government 0.00%
Corporate 95.63%
Securitized 3.17%
Municipal 0.00%
Cash 1.20%
Derivative 0.00%
As of March 31, 2020

EFT Bond Credit Quality Exposure

AAA 0.00%
AA 0.00%
A 0.00%
BBB 3.80%
BB 26.40%
B 60.30%
Below B 6.30%
Not Rated 3.20%
As of March 31, 2020

EFT Bond Maturity Exposure

1 to 7 Days 0.00%
8 to 30 Days 0.00%
31 to 90 Days 0.00%
91 to 182 Days 0.22%
183 to 364 Days 1.09%
1 to 3 Years 8.77%
3 to 5 Years 39.54%
5 to 7 Years 42.19%
7 to 10 Years 4.98%
10 to 15 Years 3.21%
15 to 20 Years 0.00%
20 to 30 Years 0.00%
Over 30 Years 0.00%
As of March 31, 2020
View More Holdings

Top 10 Holdings

Symbol Name % Weight Price % Chg
-- CenturyLink, Inc. 0.95% -- --
-- TransDigm, Inc. 0.87% -- --
-- Kronos Incorporated 0.79% -- --
-- Informatica Corp 0.78% -- --
-- PPD 0.78% -- --
-- Reynolds Group Holdings Inc. 0.74% -- --
-- Valeant (Bausch) 0.74% -- --
-- Cushman Wakefield 0.72% -- --
-- Tibco Software Inc. 0.70% -- --
-- Endo Luxembourg Finance Company I S.a r.l. 0.68% -- --
As of March 31, 2020
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Basic Info

Investment Strategy
The first objective is to provide a high level of current income. The second objective is to seek preservation of capital to the extent consistent with the primary goal. Under normal market conditions, it is expected to maintain duration of less than one year (including the effect of anticipated leverage). The primary investments are Senior Loans that are made to corporations, partnerships and other business entities, which operate in various industries and geographical regions. Senior Loans pay interest at rates which are determined periodically by a reference to a base lending rate, primarily the LIBOR, plus a premium. At least 80% of its total assets will be invested in Senior Loans. Up to 20% of its total assets may be invested in loan securities, other income-producing securities and warrants and equity securities. The Adviser anticipates that most of the Funds investment, including Senior Loans, will be of below investment-grade quality. Up to 20% may be invested in corporate bonds of below investment grade quality. Up to 15% of its total assets may be invested in foreign securities including emerging markets.
General
Security Type Closed-End Fund
Equity Style Small Cap/Growth
Fixed Income Style Low Quality/Limited Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Bank Loan
Prospectus Objective Corporate Bond - High Yield
Fund Owner Firm Name Eaton Vance
Benchmark Index
S&P/LSTA Leveraged Loan TR 100.0%
Reports
One Page Report Download

Manager Info

Name Tenure
Andrew Sveen 1.09 yrs
Catherine McDermott 1.09 yrs
Daniel McElaney 1.09 yrs
Ralph Hinckley 12.18 yrs
Scott Page 15.77 yrs
William Holt 1.09 yrs

Net Fund Flows

1M 0.00
3M -8.706M
6M -16.14M
YTD 0.00
1Y -29.46M
3Y -84.54M
5Y -165.07M
10Y --
As of Jan. 31, 2012

Risk Info

Beta (5Y) -0.0065
Max Drawdown (All) 60.58%
Historical Sharpe Ratio (10Y) 0.1828
Historical Sortino (All) 0.1596
30-Day Rolling Volatility 17.17%
Daily Value at Risk (VaR) 1% (All) 3.25%
Monthly Value at Risk (VaR) 1% (All) 21.41%

Fundamentals

Dividend Yield TTM (5-26-20) 8.35%
30-Day SEC Yield (4-30-10) 0.00%
7-Day SEC Yield (5-25-10) 0.00%
Current Yield 7.19%
Yield to Maturity --
Effective Duration 0.25
Average Coupon 4.34%
Average Credit Score 15.00 (B)
Average Price 76.26
Number of Holdings 699
As of March 31, 2020

Comparables

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Attributes

Key Dates
Inception Date 6/29/2004
Termination Date
Last Annual Report Date 5/31/2019
Last Prospectus Date 12/31/2013
Attributes
Exchange Traded Share No
Exchange Traded Note No
Enhanced Index Fund No
Fixed Distribution Fund No
High-Net Worth Individual Fund No
Index Fund No
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
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