Eaton Vance Floating-Rate Income:EFT

    Manage Alerts

    Overview

    As of 1/21/2020

     Share
    Price
    NAVPremium/
    Discount
    Current$14.03$15.12-7.21%
    52 Wk Avg$13.44$15.14-11.24%
    52 Wk High$14.04$15.42-7.21%
    52 Wk Low$13.00$14.81-13.55%
    Regular Distribution TypeIncome Only
    Distribution Rate7.18%
    Distribution Amount$0.0840
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    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.

    Capital Structure

    As of 1/21/2020

    Total Investment Exposure:$930.604M
    Total Common Assets:$602.739M
    Common Shares Outstanding:39,863,690
    Leverage

    As of 11/30/2018

    Preferred Share Assets: $79.865M
    Total Debt (USD): $248.000M
    Regulatory Leverage (USD): $327.865M
    Effective Leverage (USD): $327.865M
    Effective Leverage (%): 35.23%
    Annual Expense Ratios

    As of 5/31/2019

      Per Common Share
    Management Fees1.15%
    Other Expenses:0.13%
    Baseline Expense: N/A
    Interest Expense:2.00%
    Total: 3.28%
    Fund Management

    Fund Sponsor
    Eaton Vance

    Portfolio Managers
    Andrew N. Sveen, Ralph H. Hinckley, Catherine C. McDermott, William E. Holt, Daniel McElaney, Scott H. Page

    Basics
    Category: Fixed Income - Taxable-Senior Loans
    Ticker: EFT
    NAV Ticker: XEFTX
    Average Daily Volume (shares): 127,490
    Average Daily Volume (USD): $1.714M
    Inception Date: 6/29/2004
    Inception Share Price: $20.00
    Inception NAV: $19.10
    Tender Offer: No
    Term: No
    Fiscal Year End: May 31
    Third Party Links & Reports

    Distributions

    As of 1/21/2020

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 5/31/2019
    $0.4462
    Annualized Distribution Rate on NAV:
    As of 1/21/2020
    6.67%
    Total Return on NAV (12 months):
    As of 1/21/2020
    9.88%
    Avg. Portfolio Coupon:
    As of 1/21/2020
    5.25%
    Total % Portfolio Effectively Leveraged:
    As of 1/21/2020
    35.23%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 1/22/2020

    PeriodAvg Discount
    6 Month-10.93%
    1 Year-11.24%
    3 Year-7.75%
    5 Year-7.87%
    Z-Score

    As of 1/21/2020

    PeriodZStat
    3 Month1.88
    6 Month2.29
    1 Year3.16
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 1/21/2020
    Category: Morningstar US CEF Senior Loans

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD16.83%9.88%18.00%9.65%
    201916.83%9.88%18.03%9.63%
    2018-6.12%-0.25%-7.68%-2.08%
    20171.67%6.19%3.80%5.83%
    201625.84%16.53%24.86%18.27%
    2015-2.77%-3.21%-3.65%-4.65%
    2014-3.43%0.60%-2.59%1.36%
    2013-4.55%7.49%3.18%9.08%
    201227.90%13.35%23.78%15.96%
    2011-4.77%3.68%-4.49%1.82%
    201020.89%16.04%24.86%14.07%
    200992.31%93.90%89.99%79.89%
    2008-43.33%-49.58%-46.76%-49.37%
    2007-7.68%-0.22%  
    200619.25%8.78%  
    2005-4.90%5.57%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 1/21/2020
    Category: Morningstar US CEF Senior Loans

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 1/21/2020
    5.25%
    Average Maturity:
    As of 11/30/2019
    4.78 yrs
    Number of Holdings:
    As of 11/30/2019
    741
    Annual Portfolio Turnover:
    As of 5/31/2019
    24.00%
    Average Bond Price:
    As of 11/30/2019
    $100.98
    Asset Allocation

    As of 11/30/2019 reported by Fund Sponsor

    Top Sectors

    As of 11/30/2019 reported by Fund Sponsor

    Sector%Portfolio
    Corporate (Super Sector)93.40%
    Bank Loan85.97%
    Corporate Bond7.43%
    Securitized (Super Sector)3.09%
    Asset Backed3.09%
    Cash Equivalents (Super Sector)2.55%
    Cash Equivalents2.55%
    Sensitive (Super Sector)0.40%
    Communication Services0.37%
    Cyclical (Super Sector)0.11%
    Top Holdings

    As of 11/30/2019 reported by Fund Sponsor

    HoldingValue% Portfolio
    Infor Lawson$7.12M0.77%
    PPD$6.98M0.75%
    TransDigm, Inc.$6.85M0.74%
    Kronos Incorporated$6.31M0.68%
    Restaurant Brands International$6.08M0.65%
    Endo Luxembourg Finance Company I S.a r.l.$6.03M0.65%
    Valeant (Bausch)$5.93M0.64%
    Cushman Wakefield$5.92M0.64%
    Reynolds Consumer Products$5.73M0.62%
    Change Healthcare$5.52M0.59%
    Credit Quality

    As of 6/30/2019 reported by Fund Sponsor

    Maturity Breakdown

    As of 11/30/2019 reported by Fund Sponsor

    Country Allocation

    As of 11/30/2019 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income77.69%
    Others - Fixed Income6.72%
    Canada - Fixed Income2.97%
    Netherlands - Fixed Income2.17%
    United Kingdom - Fixed Income2.10%
    France - Fixed Income1.03%
    Ireland - Fixed Income0.90%
    Germany - Fixed Income0.69%
    United States - Equity0.55%
    Finland - Fixed Income0.43%
    Sweden - Fixed Income0.34%
    Australia - Fixed Income0.11%
    Canada - Equity0.11%
    Taiwan - Fixed Income0.10%
    Denmark - Fixed Income0.09%
    Brazil - Fixed Income0.03%
    Austria - Fixed Income0.03%
    Italy - Fixed Income0.00%
    China - Fixed Income0.00%
    Others - Equity0.00%
    United Kingdom - Equity0.00%
    Spain - Fixed Income0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-1014244PR-E1119W