EV Floating Rate Income (EFT)
11.11
+0.06 +0.54%
NYSE
May 26, 16:59
Delayed 2m
USD
Key Stats
| Expense Ratio | 3.28% |
| Total Assets Under Management | 505.07M |
| Share Class Assets Under Management | 505.07M |
| 30-Day Average Daily Volume | 173602.2 |
| Net Asset Value | 12.67 |
| Discount or Premium to NAV | -12.79% |
| Turnover Ratio | 24.00% |
| 1 Year Fund Level Flows | -29.46M |
View All EFT News
News
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WireHeadlineTime (ET)
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Yahoo05/12 20:18
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Yahoo05/12 20:07
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SA Breaking News05/01 18:33
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PR Newswire05/01 16:49
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SA Breaking News04/01 16:58
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PR Newswire04/01 16:30
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SA Breaking News03/03 12:42
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PR Newswire03/02 16:54
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SA Breaking News02/04 14:52
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PR Newswire02/03 17:49
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% | -- |
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% |
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% |
EFT Bond Exposure
| Government | 0.00% |
| Corporate | 95.63% |
| Securitized | 3.17% |
| Municipal | 0.00% |
| Cash | 1.20% |
| Derivative | 0.00% |
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% |
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% |
View More Holdings
As of March 31, 2020
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% | -- | -- |
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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 | -- |
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 |
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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