Eaton Vance Floating-Rate ETF (EVLN)
EVLN is an actively managed ETF by Eaton Vance. EVLN launched on Feb 6, 2024 and has a 0.60% expense ratio.
ETF Info
| Issuer | Eaton Vance |
|---|---|
| Inception Date | Feb 6, 2024 |
| Category | Bank Loan |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
EVLN features an expense ratio of 0.60%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Eaton Vance Floating-Rate ETF, 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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 17.95% |
| 1 month | 0.94% | 3.13% |
| 6 months | 3.75% | 9.95% |
| 1 year | N/A | 24.88% |
| 5 years (annualized) | N/A | 13.37% |
| 10 years (annualized) | N/A | 10.92% |
Monthly Returns
The table below presents the monthly returns of EVLN, 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 | 0.22% | 0.95% | 0.31% | 0.90% | 0.31% | 0.49% | 0.83% | 4.41% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Eaton Vance Floating-Rate ETF (EVLN) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
Eaton Vance Floating-Rate ETF granted a 3.68% dividend yield in the last twelve months. The annual payout for that period amounted to $1.85 per share.
| Period | TTM |
|---|---|
| Dividend | $1.85 |
Dividend yield | 3.68% |
Monthly Dividends
The table displays the monthly dividend distributions for Eaton Vance Floating-Rate ETF. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.37 | $0.37 | $0.37 | $0.37 | $0.37 | $0.00 | $1.85 |
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 ETF. 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 ETF was 0.61%, occurring on Aug 5, 2024. Recovery took 7 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -0.61% | Jul 29, 2024 | 6 | Aug 5, 2024 | 7 | Aug 14, 2024 | 13 |
| -0.36% | Jul 22, 2024 | 3 | Jul 24, 2024 | 2 | Jul 26, 2024 | 5 |
| -0.17% | Aug 30, 2024 | 3 | Sep 4, 2024 | 3 | Sep 9, 2024 | 6 |
| -0.16% | Sep 10, 2024 | 1 | Sep 10, 2024 | 2 | Sep 12, 2024 | 3 |
| -0.14% | Feb 27, 2024 | 2 | Feb 28, 2024 | 5 | Mar 6, 2024 | 7 |
Volatility
Volatility Chart
The current Eaton Vance Floating-Rate ETF volatility is 0.49%, 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.