Eaton Vance Floating-Rate Advantage Fund Class Advisers (EVFAX)
The fund invests broadly across the floating-rate loan market and employs leverage to acquire income-producing investments.
Fund Info
ISIN | US2779236783 |
---|---|
Issuer | Eaton Vance |
Inception Date | Apr 10, 2008 |
Category | Bank Loan |
Min. Investment | $1,000 |
Home Page | www.eatonvance.com |
Asset Class | Bond |
Expense Ratio
EVFAX has a high expense ratio of 0.94%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Eaton Vance Floating-Rate Advantage Fund Class Advisers, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Eaton Vance Floating-Rate Advantage Fund Class Advisers had a return of 3.17% year-to-date (YTD) and 13.20% in the last 12 months. Over the past 10 years, Eaton Vance Floating-Rate Advantage Fund Class Advisers had an annualized return of 4.40%, while the S&P 500 had an annualized return of 10.67%, indicating that Eaton Vance Floating-Rate Advantage Fund Class Advisers did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 3.17% | 9.49% |
1 month | 0.94% | 1.20% |
6 months | 6.53% | 18.29% |
1 year | 13.20% | 26.44% |
5 years (annualized) | 4.65% | 12.64% |
10 years (annualized) | 4.40% | 10.67% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.59% | 0.83% | 0.97% | 0.34% | ||||||||
2023 | -0.46% | 1.82% | 2.02% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of EVFAX is 98, placing it in the top 2% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
EVFAX (Eaton Vance Floating-Rate Advantage Fund Class Advisers)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Eaton Vance Floating-Rate Advantage Fund Class Advisers (EVFAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Eaton Vance Floating-Rate Advantage Fund Class Advisers granted a 9.35% dividend yield in the last twelve months. The annual payout for that period amounted to $0.94 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.94 | $0.91 | $0.55 | $0.40 | $0.44 | $0.57 | $0.51 | $0.46 | $0.52 | $0.51 | $0.49 | $0.51 |
Dividend yield | 9.35% | 9.09% | 5.66% | 3.78% | 4.27% | 5.34% | 4.86% | 4.22% | 4.78% | 5.03% | 4.54% | 4.58% |
Monthly Dividends
The table displays the monthly dividend distributions for Eaton Vance Floating-Rate Advantage Fund Class Advisers. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.08 | $0.07 | $0.08 | $0.07 | ||||||||
2023 | $0.07 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.08 | $0.07 | $0.07 | $0.08 | $0.11 |
2022 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.07 | $0.07 |
2021 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 |
2020 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.05 |
2019 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.06 |
2018 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 |
2017 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
2016 | $0.05 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 |
2015 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.05 |
2014 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 |
2013 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Eaton Vance Floating-Rate Advantage Fund Class Advisers. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Eaton Vance Floating-Rate Advantage Fund Class Advisers was 38.22%, occurring on Dec 17, 2008. Recovery took 193 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-38.22% | Jun 23, 2008 | 124 | Dec 17, 2008 | 193 | Sep 24, 2009 | 317 |
-24.24% | Feb 3, 2020 | 35 | Mar 23, 2020 | 178 | Dec 3, 2020 | 213 |
-7.75% | Jan 24, 2022 | 113 | Jul 6, 2022 | 146 | Feb 2, 2023 | 259 |
-7.28% | Jun 1, 2015 | 181 | Feb 17, 2016 | 71 | May 27, 2016 | 252 |
-6.58% | Jun 2, 2011 | 61 | Aug 26, 2011 | 97 | Jan 17, 2012 | 158 |
Volatility
Volatility Chart
The current Eaton Vance Floating-Rate Advantage Fund Class Advisers volatility is 1.39%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.