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Overview of Eaton Vance Floating Rate A Fund (EVBLX)

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Eaton Vance Floating Rate A ( EVBLX ) a Zacks Ranked #1 (Strong Buy) seeks to provide a high level of current income. EVBLX pursues its objective by investing in Floating-Rate portfolio. EVBLX invests a major portion of its total assets in income producing floating rate loans and other floating rate debt securities. EVBLX also invests 25% of its total assets in foreign securities and is engaged in certain hedging transactions. EVBLX offers dividends monthly and capital gains annually.

The Eaton Vance Floating Rate A fund, managed by Eaton Vance , carries an expense ratio of 1.03. Moreover, EVBLX requires a minimal initial investment of $1,000.

EVBLX has a history of strong positive total returns for over 10 years. Specifically, the fund's returns over the 1, 3, 5 year benchmarks; 1 year 1.35%, 3 year 3.42%, and 5 year 4.32%. To see how this fund performed compared in its category, please click here .

EVBLX's performance, as of the last filing, when compared to funds in its category was in the top 40% in 1 year, top 18% over the past 3 years, and in the 25% over the past 5 years.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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