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
US2779236783
Apr 10, 2008
$1,000
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 -0.00% year-to-date (YTD) and 7.81% in the last 12 months. Over the past 10 years, Eaton Vance Floating-Rate Advantage Fund Class Advisers had an annualized return of 4.91%, while the S&P 500 had an annualized return of 11.24%, indicating that Eaton Vance Floating-Rate Advantage Fund Class Advisers did not perform as well as the benchmark.
EVFAX
-0.00%
-0.30%
3.59%
7.81%
4.91%
4.91%
^GSPC (Benchmark)
-0.66%
-3.44%
3.10%
22.14%
12.04%
11.24%
Monthly Returns
The table below presents the monthly returns of EVFAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.59% | 0.83% | 0.97% | 0.34% | 0.95% | 0.32% | 0.74% | 0.74% | 0.50% | 0.89% | 0.88% | -0.10% | 7.92% |
| 2023 | 3.31% | 0.56% | -0.29% | 1.14% | -0.38% | 2.20% | 1.60% | 1.33% | 0.62% | -0.46% | 1.82% | 2.02% | 14.25% |
| 2022 | 0.12% | -0.67% | 0.05% | -0.23% | -3.02% | -3.39% | 3.00% | 1.46% | -3.29% | 1.13% | 1.86% | -0.04% | -3.22% |
| 2021 | 1.28% | 0.58% | -0.05% | 0.43% | 0.59% | 0.50% | -0.07% | 0.71% | 0.58% | 0.12% | -0.36% | 0.73% | 5.16% |
| 2020 | 0.58% | -1.51% | -14.91% | 4.63% | 4.14% | 1.59% | 1.89% | 1.87% | 0.44% | 0.25% | 2.92% | 1.38% | 1.74% |
| 2019 | 2.87% | 1.73% | -0.38% | 1.75% | -0.48% | 0.15% | 0.77% | -0.40% | 0.51% | -0.63% | 0.59% | 1.92% | 8.65% |
| 2018 | 1.11% | 0.25% | 0.38% | 0.47% | 0.12% | 0.02% | 0.95% | 0.49% | 0.66% | -0.05% | -1.06% | -3.11% | 0.15% |
| 2017 | 0.64% | 0.58% | 0.26% | 0.44% | 0.45% | 0.08% | 0.65% | -0.01% | 0.54% | 0.65% | 0.17% | 0.27% | 4.81% |
| 2016 | -0.94% | -0.59% | 3.92% | 2.48% | 0.91% | -0.16% | 1.68% | 0.90% | 1.16% | 1.15% | 0.17% | 1.43% | 12.70% |
| 2015 | 0.30% | 1.64% | 0.40% | 0.93% | 0.02% | -0.55% | 0.11% | -0.98% | -1.01% | 0.05% | -1.40% | -1.29% | -1.82% |
| 2014 | 0.45% | 0.14% | 0.10% | -0.10% | 0.55% | 0.54% | 0.01% | 0.11% | -0.71% | 0.19% | 0.49% | -1.05% | 0.71% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 98, EVFAX is among the top 2% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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 provided a 7.99% dividend yield over the last twelve months, with an annual payout of $0.80 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.80 | $0.80 | $0.92 | $0.55 | $0.40 | $0.45 | $0.57 | $0.51 | $0.46 | $0.52 | $0.51 | $0.49 |
Dividend yield | 7.99% | 7.99% | 9.10% | 5.66% | 3.79% | 4.29% | 5.34% | 4.87% | 4.23% | 4.78% | 5.03% | 4.54% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | |||||||||||
| 2024 | $0.08 | $0.07 | $0.08 | $0.07 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.00 | $0.80 |
| 2023 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.08 | $0.07 | $0.07 | $0.08 | $0.11 | $0.92 |
| 2022 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.07 | $0.07 | $0.55 |
| 2021 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.40 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.05 | $0.45 |
| 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 | $0.57 |
| 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 | $0.51 |
| 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 | $0.46 |
| 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 | $0.52 |
| 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 | $0.51 |
| 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 | $0.49 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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.
The current Eaton Vance Floating-Rate Advantage Fund Class Advisers drawdown is 0.30%.
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 0.30%, 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.