EIBLX Alternatives & Similar Mutual Funds

Eaton Vance Floating Rate Fund (EIBLX) belongs to the Bank Loan category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with EIBLX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to EIBLX

EIBLX charges 0.76% annually. There are 21 mutual funds in the Bank Loan category with lower expense ratios, going as low as 0.41%.

Symbol	Name	Expense Ratio	AUM	Inception
XPTFX	Federated Hermes Project and Trade Finance Tender ...	0.41%	—	Jan 2017	EIBLX vs XPTFX
EIFAX	Eaton Vance Floating-Rate Advantage Fund	0.47%	—	Mar 2008	EIBLX vs EIFAX
SFHIX	Shenkman Capital Floating Rate High Income Fund	0.54%	—	Oct 2014	EIBLX vs SFHIX
RPIFX	T. Rowe Price Institutional Floating Rate Fund	0.57%	—	Jan 2008	EIBLX vs RPIFX
LFRIX	Lord Abbett Floating Rate Fund	0.60%	—	Dec 2007	EIBLX vs LFRIX

Best Risk-Adjusted Alternatives to EIBLX

EIBLX has a PortfoliosLab risk / return rank of 46. There are 40 mutual funds in the Bank Loan category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
RCRIX	RiverPark Floating Rate CMBS Fund	100	—	Sep 2016	EIBLX vs RCRIX
CAPIX	Calamos Aksia Alternative Credit and Income Fund C...	98	—	Jun 2023	EIBLX vs CAPIX
PYFRX	Payden Floating Rate Fund	98	—	Nov 2013	EIBLX vs PYFRX
SAMBX	Virtus Seix Floating Rate High Income Fund	97	—	Feb 2006	EIBLX vs SAMBX
DDFLX	Delaware Floating Rate Fund	95	—	Feb 2010	EIBLX vs DDFLX

Top Performing EIBLX Alternatives (YTD)

EIBLX is at 0.87% YTD. There are 40 mutual funds in the Bank Loan category with higher YTD returns, going as high as 3.35%.

Symbol	Name	YTD Return	AUM	Inception
RSFYX	Victory Floating Rate Fund	3.35%	—	Dec 2009	EIBLX vs RSFYX
XPTFX	Federated Hermes Project and Trade Finance Tender ...	2.83%	—	Jan 2017	EIBLX vs XPTFX
SAMBX	Virtus Seix Floating Rate High Income Fund	2.69%	—	Feb 2006	EIBLX vs SAMBX
FRFZX	PGIM Floating Rate Income Fund	2.29%	—	Mar 2011	EIBLX vs FRFZX
CAPIX	Calamos Aksia Alternative Credit and Income Fund C...	2.09%	—	Jun 2023	EIBLX vs CAPIX

Lowest Volatility Alternatives to EIBLX

EIBLX has 2.27% 1-year volatility. There are 16 mutual funds in the Bank Loan category with lower 1-year volatility, going as low as 0.77%.

Symbol	Name	Volatility 1Y	AUM	Inception
RCRIX	RiverPark Floating Rate CMBS Fund	0.77%	—	Sep 2016	EIBLX vs RCRIX
PYFRX	Payden Floating Rate Fund	1.23%	—	Nov 2013	EIBLX vs PYFRX
DFLYX	BNY Mellon Floating Rate Income Fund	1.34%	—	Sep 2013	EIBLX vs DFLYX
SFHIX	Shenkman Capital Floating Rate High Income Fund	1.66%	—	Oct 2014	EIBLX vs SFHIX
FLOTX	Donoghue Forlines Risk Managed Income Fund	1.67%	—	Dec 2017	EIBLX vs FLOTX

Lowest Drawdown Alternatives to EIBLX

EIBLX has a 1-year max drawdown of -1.68%. There are 27 mutual funds in the Bank Loan category with shallower 1-year drawdowns, going as shallow as -0.19%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
RCRIX	RiverPark Floating Rate CMBS Fund	-0.19%	—	Sep 2016	EIBLX vs RCRIX
SAMBX	Virtus Seix Floating Rate High Income Fund	-0.78%	—	Feb 2006	EIBLX vs SAMBX
FRFZX	PGIM Floating Rate Income Fund	-0.85%	—	Mar 2011	EIBLX vs FRFZX
CFOIX	Calvert Floating-Rate Advantage Fund	-0.88%	—	Oct 2017	EIBLX vs CFOIX
PSFIX	Virtus Newfleet Senior Floating Rate Fund	-0.88%	—	Jan 2008	EIBLX vs PSFIX

Other Mutual Funds from Eaton Vance

The 10 most viewed Eaton Vance mutual funds shown here include ETG, EGRIX, EXG and span 11 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ETG	Eaton Vance Tax Advantaged Global Dividend Income ...	Global Equities	27	4.45%	—	Jan 2004	EIBLX vs ETG
EGRIX	Eaton Vance Global Macro Absolute Return Advantage...	Nontraditional Bonds	97	6.50%	—	Aug 2010	EIBLX vs EGRIX
EXG	Eaton Vance Tax-Managed Global Diversified Equity ...	Dividend, Global Equity Income	26	3.99%	—	Feb 2007	EIBLX vs EXG
EIAMX	Eaton Vance Multi-Asset Credit Fund	High Yield Bonds	86	1.46%	—	Oct 2011	EIBLX vs EIAMX
ETY	Eaton Vance Tax Managed Diversified Equity Income ...	Large Cap Growth Equities	6	-0.16%	—	Nov 2006	EIBLX vs ETY
EIMAX	Eaton Vance Massachusetts Municipal Income Fund	Municipal Bonds	64	1.50%	—	Jun 1993	EIBLX vs EIMAX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	Emerging Markets Bonds	97	6.53%	—	Feb 2013	EIBLX vs EELDX
ESIIX	Eaton Vance Strategic Income Fund Class I	Multisector Bonds	92	2.18%	—	Apr 2009	EIBLX vs ESIIX
EIRAX	Eaton Vance Richard Bernstein All Asset Strategy F...	Tactical Allocation	49	7.56%	—	Sep 2011	EIBLX vs EIRAX
EHSTX	Eaton Vance Large-Cap Value Fund	Large Cap Value Equities	52	11.53%	—	Sep 1931	EIBLX vs EHSTX

Often Compared With EIBLX

Investors most often compare EIBLX with SCHG, DFRTX, FLYRX. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SCHG	Schwab U.S. Large-Cap Growth ETF	Large Cap Growth Equities	39	6.42%	61.08B	Dec 2009	EIBLX vs SCHG
DFRTX	DWS Floating Rate Fund	Bank Loan	—	—	—	Jun 2007	EIBLX vs DFRTX
FLYRX	Pioneer Floating Rate Fund	Bank Loan	83	1.75%	—	Feb 2007	EIBLX vs FLYRX
VSTSX	Vanguard Total Stock Market Index Fund Institution...	Large Cap Blend Equities	72	11.99%	—	Jun 2016	EIBLX vs VSTSX
EISMX	Eaton Vance Atlanta Capital SMID-Cap Fund	Mid Cap Growth Equities	2	-1.57%	—	Apr 2002	EIBLX vs EISMX
HFHIX	Hartford Floating Rate High Income Fund	Bank Loan	76	0.86%	—	Sep 2011	EIBLX vs HFHIX
FFRSX	Federated Hermes Floating Rate Strat Inc Fund	Bank Loan	86	1.02%	—	Dec 2010	EIBLX vs FFRSX
DFRPX	DWS Floating Rate Fund Class S	Bank Loan	—	—	—	Jun 2007	EIBLX vs DFRPX
EEIAX	Eaton Vance Emerging Markets Local Income Fund	Emerging Markets Bonds	57	4.01%	—	Jun 2007	EIBLX vs EEIAX
SPFLX	American Beacon Sound Point Floating Rate Income F...	Bank Loan	—	—	—	Dec 2012	EIBLX vs SPFLX
PLFRX	Pacific Funds Floating Rate Income	Bank Loan	84	1.32%	—	Jun 2011	EIBLX vs PLFRX
BGT	BlackRock Floating Rate Income Trust	Bank Loan	2	0.16%	—	Aug 2004	EIBLX vs BGT
PRFRX	T. Rowe Price Floating Rate Fund	High Yield Bonds	96	1.39%	—	Jul 2011	EIBLX vs PRFRX
COWZ	Pacer US Cash Cows 100 ETF	Mid Cap Value Equities, Dividend	65	8.18%	18.47B	Dec 2016	EIBLX vs COWZ
GEMIX	Goldman Sachs Emerging Markets Equity Fund	Emerging Markets Diversified	89	31.33%	—	Dec 1997	EIBLX vs GEMIX
VNQ	Vanguard Real Estate ETF	REIT	23	7.83%	69.90B	Sep 2004	EIBLX vs VNQ
VGIT	Vanguard Intermediate-Term Treasury ETF	Government Bonds	27	-0.46%	48.60B	Nov 2009	EIBLX vs VGIT
CIVIX	Causeway International Value Instl	Foreign Large Cap Equities	23	5.53%	—	Oct 2001	EIBLX vs CIVIX
FTBFX	Fidelity Total Bond Fund	Total Bond Market	27	0.57%	—	Oct 2002	EIBLX vs FTBFX
IGSB	iShares Short-Term Corporate Bond ETF	Corporate Bonds	75	0.72%	22.04B	Jan 2007	EIBLX vs IGSB

Compare EIBLX with Any Fund or Stock

Compare EIBLX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair EIBLX with funds that move differently

Eaton Vance Floating Rate Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EIBLX.

Explore EIBLX Diversifiers

Eaton Vance Floating Rate Fund (EIBLX) Alternatives