Eaton Vance Floating Rate Advantage remains a standout despite a longtime manager’s upcoming retirement. Its cheaper share classes earn Morningstar Analyst Ratings of Silver and Bronze while its more expensive shares are rated Neutral.
Will ECFAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ECFAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the ECFAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of ECFAX’s parent organization’s priorities and whether they’re in line with investors’ interests.