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 23 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 45. There are 44 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
PYFRX	Payden Floating Rate Fund	98	—	Nov 2013	EIBLX vs PYFRX
CAPIX	Calamos Aksia Alternative Credit and Income Fund C...	98	—	Jun 2023	EIBLX vs CAPIX
SAMBX	Virtus Seix Floating Rate High Income Fund	97	—	Feb 2006	EIBLX vs SAMBX
FRFZX	PGIM Floating Rate Income Fund	96	—	Mar 2011	EIBLX vs FRFZX

Top Performing EIBLX Alternatives (YTD)

EIBLX is at 0.61% YTD. There are 43 mutual funds in the Bank Loan category with higher YTD returns, going as high as 3.48%.

Symbol	Name	YTD Return	AUM	Inception
RSFYX	Victory Floating Rate Fund	3.48%	—	Dec 2009	EIBLX vs RSFYX
XPTFX	Federated Hermes Project and Trade Finance Tender ...	3.23%	—	Jan 2017	EIBLX vs XPTFX
SAMBX	Virtus Seix Floating Rate High Income Fund	2.42%	—	Feb 2006	EIBLX vs SAMBX
CAPIX	Calamos Aksia Alternative Credit and Income Fund C...	2.38%	—	Jun 2023	EIBLX vs CAPIX
FRFZX	PGIM Floating Rate Income Fund	2.29%	—	Mar 2011	EIBLX vs FRFZX

Lowest Volatility Alternatives to EIBLX

EIBLX has 2.28% 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	1.24%	—	Nov 2013	EIBLX vs PYFRX
DFLYX	BNY Mellon Floating Rate Income Fund	1.36%	—	Sep 2013	EIBLX vs DFLYX
SFHIX	Shenkman Capital Floating Rate High Income Fund	1.67%	—	Oct 2014	EIBLX vs SFHIX
FLOTX	Donoghue Forlines Risk Managed Income Fund	1.68%	—	Dec 2017	EIBLX vs FLOTX

Lowest Drawdown Alternatives to EIBLX

EIBLX has a 1-year max drawdown of -1.68%. There are 29 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	23	1.63%	—	Jan 2004	EIBLX vs ETG
EGRIX	Eaton Vance Global Macro Absolute Return Advantage...	Nontraditional Bonds	98	7.87%	—	Aug 2010	EIBLX vs EGRIX
EXG	Eaton Vance Tax-Managed Global Diversified Equity ...	Dividend, Global Equity Income	30	3.51%	—	Feb 2007	EIBLX vs EXG
EIAMX	Eaton Vance Multi-Asset Credit Fund	High Yield Bonds	87	1.46%	—	Oct 2011	EIBLX vs EIAMX
ETY	Eaton Vance Tax Managed Diversified Equity Income ...	Large Cap Growth Equities	4	-2.80%	—	Nov 2006	EIBLX vs ETY
EIMAX	Eaton Vance Massachusetts Municipal Income Fund	Municipal Bonds	70	1.63%	—	Jun 1993	EIBLX vs EIMAX
ESIIX	Eaton Vance Strategic Income Fund Class I	Multisector Bonds	92	2.33%	—	Apr 2009	EIBLX vs ESIIX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	Emerging Markets Bonds	98	7.65%	—	Feb 2013	EIBLX vs EELDX
EIRAX	Eaton Vance Richard Bernstein All Asset Strategy F...	Tactical Allocation	51	7.75%	—	Sep 2011	EIBLX vs EIRAX
EHSTX	Eaton Vance Large-Cap Value Fund	Large Cap Value Equities	63	13.72%	—	Sep 1931	EIBLX vs EHSTX

Often Compared With EIBLX

Investors most often compare EIBLX with SCHG, FLYRX, DFRTX. These 20 comparison targets span 12 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	28	1.35%	59.17B	Dec 2009	EIBLX vs SCHG
FLYRX	Pioneer Floating Rate Fund	Bank Loan	86	1.58%	—	Feb 2007	EIBLX vs FLYRX
DFRTX	DWS Floating Rate Fund	Bank Loan	—	—	—	Jun 2007	EIBLX vs DFRTX
VSTSX	Vanguard Total Stock Market Index Fund Institution...	Large Cap Blend Equities	65	10.35%	—	Jun 2016	EIBLX vs VSTSX
DDFLX	Delaware Floating Rate Fund	Bank Loan	95	1.63%	—	Feb 2010	EIBLX vs DDFLX
EISMX	Eaton Vance Atlanta Capital SMID-Cap Fund	Mid Cap Growth Equities	1	-3.93%	—	Apr 2002	EIBLX vs EISMX
FFRSX	Federated Hermes Floating Rate Strat Inc Fund	Bank Loan	87	0.90%	—	Dec 2010	EIBLX vs FFRSX
DFRPX	DWS Floating Rate Fund Class S	Bank Loan	—	—	—	Jun 2007	EIBLX vs DFRPX
HFHIX	Hartford Floating Rate High Income Fund	Bank Loan	72	0.63%	—	Sep 2011	EIBLX vs HFHIX
GEMIX	Goldman Sachs Emerging Markets Equity Fund	Emerging Markets Diversified	89	34.88%	—	Dec 1997	EIBLX vs GEMIX
BGT	BlackRock Floating Rate Income Trust	Bank Loan	2	0.07%	—	Aug 2004	EIBLX vs BGT
EEIAX	Eaton Vance Emerging Markets Local Income Fund	Emerging Markets Bonds	60	4.30%	—	Jun 2007	EIBLX vs EEIAX
PLFRX	Pacific Funds Floating Rate Income	Bank Loan	82	0.99%	—	Jun 2011	EIBLX vs PLFRX
PRFRX	T. Rowe Price Floating Rate Fund	High Yield Bonds	96	0.95%	—	Jul 2011	EIBLX vs PRFRX
COWZ	Pacer US Cash Cows 100 ETF	Mid Cap Value Equities, Dividend	45	3.27%	18.08B	Dec 2016	EIBLX vs COWZ
CVISX	Causeway International Small Cap Fund	Foreign Small & Mid Cap Equities	53	13.54%	—	Oct 2014	EIBLX vs CVISX
DAFRX	Dunham Floating Rate Bond Fund	Bank Loan	85	2.26%	—	Oct 2013	EIBLX vs DAFRX
PCLAX	PIMCO CommoditiesPLUS Strategy Fund	Commodities	26	24.93%	—	May 2010	EIBLX vs PCLAX
CIVIX	Causeway International Value Instl	Foreign Large Cap Equities	32	7.49%	—	Oct 2001	EIBLX vs CIVIX
LMGNX	ClearBridge International Growth Fund Class I	Large Cap Growth Equities, Foreign Large Cap Equities	18	9.04%	—	Apr 1995	EIBLX vs LMGNX

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