Eaton Vance Floating-Rate Income:EFT

    Manage Alerts

    Overview

    As of 12/1/2022

     Share
    Price
    NAVPremium/
    Discount
    Current$11.58$12.72-8.96%
    52 Wk Avg$12.75$13.49-5.65%
    52 Wk High$15.60$14.566.28%
    52 Wk Low$10.92$12.42-12.50%
    Regular Distribution TypeIncome Only
    Distribution Rate8.08%
    Distribution Amount$0.0780
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The objective is to provide a high level of current income and to preserve 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. 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.

    Capital Structure

    As of 12/1/2022

    Total Investment Exposure:$596.976M
    Total Common Assets:$370.030M
    Common Shares Outstanding:29,090,415
    Leverage

    As of 12/1/2022

    Preferred Share Assets: $79.946M
    Total Debt (USD): $147.000M
    Regulatory Leverage (USD): $226.946M
    Effective Leverage (USD): $226.946M
    Effective Leverage (%): 38.02%
    Annual Expense Ratios

    As of 5/31/2022

      Per Common Share
    Management Fees1.09%
    Other Expenses:0.18%
    Baseline Expense: N/A
    Interest Expense:0.91%
    Total: 2.17%
    Fund Management

    Fund Sponsor
    Eaton Vance

    Portfolio Managers
    Andrew N. Sveen, Ralph H. Hinckley, Catherine C. McDermott, Daniel McElaney, Sarah A. Choi

    Basics
    Category: Fixed Income - Taxable-Senior Loans
    Ticker: EFT
    NAV Ticker: XEFTX
    Average Daily Volume (shares): 102,629
    Average Daily Volume (USD): $1.329M
    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 12/1/2022

    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 5/31/2021
    $0.3606
    Annualized Distribution Rate on NAV:
    As of 12/1/2022
    7.36%
    Total Return on NAV (12 months):
    As of 12/1/2022
    -5.68%
    Avg. Portfolio Coupon:
    As of 12/1/2022
    7.25%
    Total % Portfolio Effectively Leveraged:
    As of 12/1/2022
    38.02%

    Pricing Information

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

    As of 12/2/2022

    PeriodAvg Discount
    6 Month-8.11%
    1 Year-5.65%
    3 Year-6.27%
    5 Year-7.50%
    Z-Score

    As of 12/1/2022

    PeriodZStat
    3 Month0.74
    6 Month-0.34
    1 Year-0.72
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2022
    Category: Morningstar US CEF Senior Loans

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-17.30%-6.32%-10.75%-5.98%
    202121.07%6.46%20.67%7.70%
    20202.55%1.32%0.14%1.12%
    201916.83%9.88%18.13%8.70%
    2018-6.12%-0.25%-7.68%-1.95%
    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%  
    2008-43.33%-49.58%  
    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 11/30/2022
    Category: Morningstar US CEF Senior Loans

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 12/1/2022
    7.25%
    Number of Holdings:
    As of 9/30/2022
    533
    Annual Portfolio Turnover:
    As of 5/31/2022
    53.00%
    Asset Allocation

    As of 9/30/2022

    Top Sectors

    As of 9/30/2022

    Sector%Portfolio
    Corporate (Super Sector)92.77%
    Bank Loan87.57%
    Corporate Bond5.21%
    Securitized (Super Sector)4.65%
    Asset Backed4.65%
    Cash Equivalents (Super Sector)2.03%
    Cash Equivalents2.03%
    Sensitive (Super Sector)0.36%
    Energy0.24%
    Communication Services0.12%
    Top Holdings

    As of 9/30/2022

    HoldingValue% Portfolio
    Uber Technologies, Inc.$5.95M1.04%
    Virgin Media$5.61M0.98%
    Les Schwab Tire Centers$4.46M0.78%
    RealPage, Inc$4.34M0.76%
    Misys Limited$4.33M0.76%
    Ultimate Software Group Inc (The)$4.31M0.76%
    McAfee Enterprise$4.18M0.73%
    Citgo Petroleum Corporation$4.07M0.71%
    Gainwell Technologies (Milano)$4.07M0.71%
    Coinmach$4.05M0.71%
    Credit Quality

    As of 9/30/2022

    Maturity Breakdown

    As of 9/30/2022

    Country Allocation

    As of 9/30/2022

    Country% Portfolio
    United States - Fixed Income80.36%
    Others - Fixed Income7.09%
    Canada - Fixed Income2.87%
    United Kingdom - Fixed Income1.69%
    France - Fixed Income1.07%
    Netherlands - Fixed Income0.86%
    Germany - Fixed Income0.74%
    Singapore - Fixed Income0.51%
    United States - Equity0.38%
    Finland - Fixed Income0.28%
    Ireland - Fixed Income0.27%
    Norway - Fixed Income0.24%
    Sweden - Fixed Income0.18%
    Belgium - Fixed Income0.12%
    Spain - Fixed Income0.08%
    Others - Equity0.00%
    Italy - Fixed Income0.00%
    United Kingdom - Equity0.00%
    Canada - Equity0.00%

    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-2036301PR-E0222X