Morningstar

Eaton Vance Floating Rate Fund Class R6 ESBLX

Medalist Rating as of Jul 14, 2026 See Eaton Vance Investment Hub

Will ESBLX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ESBLX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the ESBLX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of ESBLX’s parent organization’s priorities and whether they’re in line with investors’ interests.

New leadership and style tweaks face an adjustment period.

Principal Paul Olmsted

Paul Olmsted

Principal

Summary

Amid leadership and management changes, this fund and team are at an inflection point. New skipper Peter Campo is adapting the team and approach to his style; however, higher personnel turnover and process tweaks warrant caution during this transitional period. This results in a Process downgrade to Average from Above Average.

by Paul Olmsted

Rated on Jul 14, 2026 Published on Jul 14, 2026

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