A seasoned portfolio management team and deep credit research resources bolster Eaton Vance Floating-Rate & High Income Fund despite a long-time manager’s retirement. Its cheaper share classes earn Morningstar Analyst Ratings of Bronze, while its more-expensive shares are rated Neutral.
Morningstar’s Fund Analysis EIFHX
Will EIFHX 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 EIFHX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the EIFHX 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 EIFHX’s parent organization’s priorities and whether they’re in line with investors’ interests.