Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
3.41% -- -- --
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
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Basic Info

Investment Strategy
The Fund seeks to provide a high level of current income. Under normal circumstances, the fund intends to invest at least 80% of its net assets in floating rate credit investments which may include senior floating rate loans, debt tranches of collateralized loan obligations, and floating rate private credit instruments.
General
Security Type Unlisted Closed-End Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Loan Participation Funds
Peer Group Loan Participation Funds
Global Macro Loan Participation Funds
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Loan Participation Funds
Fund Owner Firm Name Eaton Vance
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
No Data Available
1 Month
% Rank: --
-1.123B Peer Group Low
637.54M Peer Group High
1 Year
% Rank: --
-2.812B Peer Group Low
6.547B Peer Group High
3 Months
% Rank: --
-1.887B Peer Group Low
1.547B Peer Group High
3 Years
% Rank: --
-3.547B Peer Group Low
20.24B Peer Group High
6 Months
% Rank: --
-852.81M Peer Group Low
2.568B Peer Group High
5 Years
% Rank: --
-2.363B Peer Group Low
22.02B Peer Group High
YTD
% Rank: --
36.88M Peer Group Low
63.96M Peer Group High
10 Years
% Rank: --
-12.19B Peer Group Low
22.50B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
2025 *
--
--
--
--
--
4.00%
10.86%
1.12%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
4.38%
-0.61%
8.66%
1.45%
4.52%
-3.47%
11.36%
8.31%
3.64%
-0.15%
7.45%
-1.61%
5.36%
-1.87%
12.77%
9.07%
3.44%
-0.77%
9.16%
3.00%
5.06%
-3.91%
13.68%
8.86%
3.43%
-0.10%
8.44%
1.74%
4.60%
-0.69%
12.29%
8.74%
3.95%
As of January 16, 2026. *Indicates data for the year is incomplete.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM --
30-Day SEC Yield (7-31-25) 3.16%
7-Day SEC Yield --
Number of Holdings 7
Bond
Yield to Maturity (7-31-25) --
Effective Duration --
Average Coupon 8.99%
Calculated Average Quality 5.00
Effective Maturity 12.46
Nominal Maturity 12.46
Number of Bond Holdings 4
As of July 31, 2025

Asset Allocation

As of July 31, 2025.
Type % Net
Cash 52.29%
Stock 0.00%
Bond 44.33%
Convertible 0.00%
Preferred 0.07%
Other 3.30%
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Top 7 Holdings

Name % Weight Price % Change
Morgan Stanley Inst Liq Govt Port Institutional 92.44% 1.00 0.00%
ELMWOOD CLO 11R ER SEQ FLT 9.02549% 20-JAN-2038
4.18% -- --
OTHER ASSETS LESS LIABILITIES
3.30% -- --
COHESITY GLOBAL INC PFD
0.07% -- --
CQP HOLDCO LP [EX-BLACKSTONE CQP HOLDCO LP] 31-DEC-2030 TERM LOAN B
0.00% -- --
BLUETRITON BRANDS INC [EX - NESTLE WATERS NORTH AMERICA INC] 31-MAR-2028 TERM LOAN B
0.00% -- --
VERITAS US INC FRN 09-DEC-2027
0.00% -- --

Fees & Availability

Fees
Actual 12B-1 Fee 0.75%
Actual Management Fee 0.30%
Administration Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product --
Available for RRSP --
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 2500.00 None
Minimum Subsequent Investment 0.00 None

Basic Info

Investment Strategy
The Fund seeks to provide a high level of current income. Under normal circumstances, the fund intends to invest at least 80% of its net assets in floating rate credit investments which may include senior floating rate loans, debt tranches of collateralized loan obligations, and floating rate private credit instruments.
General
Security Type Unlisted Closed-End Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Loan Participation Funds
Peer Group Loan Participation Funds
Global Macro Loan Participation Funds
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Loan Participation Funds
Fund Owner Firm Name Eaton Vance
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM --
30-Day SEC Yield (7-31-25) 3.16%
7-Day SEC Yield --
Number of Holdings 7
Bond
Yield to Maturity (7-31-25) --
Effective Duration --
Average Coupon 8.99%
Calculated Average Quality 5.00
Effective Maturity 12.46
Nominal Maturity 12.46
Number of Bond Holdings 4
As of July 31, 2025

Fund Details

Key Dates
Launch Date 12/15/2023
Share Classes
FROAX A
FROIX Inst
Attributes
Inverse Fund --
Leveraged Fund Yes
Currency Hedged Fund --
Socially Responsible Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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