Morningstar

Eaton Vance Floating-Rate & High Income Fund R6 Class ESFHX

Morningstar Medalist Rating
Medalist Rating as of | See Eaton Vance Investment Hub
  • NAV / 1-Day Return 7.87  /  −0.25 %
  • Total Assets 574.1M
  • Adj. Expense Ratio
    0.770%
  • Expense Ratio 0.780%
  • Distribution Fee Level High
  • Share Class Type Retirement, Large
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 5M
  • Status Open
  • TTM Yield 6.85%
  • Effective Duration 0.56 years

USD | NAV as of Aug 15, 2026 | 1-Day Return as of Aug 15, 2026, 12:23 AM GMT+0

Morningstar’s Analysis ESFHX

Will ESFHX outperform in the future?

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

  • Process Pillar

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

  • People Pillar

    The People Pillar is our evaluation of the ESFHX 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 ESFHX’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 for Eaton Vance Floating-Rate & High Income, the team is at an inflection point. New bank-loan 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
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Portfolio Holdings ESFHX

More ESFHX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 5.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Morgan Stanley Inst Lqudty Gov Sec Ins

3.59 22M
Cash and Equivalents

Eaton Vance Floating-Rate ETF

0.90 5M
—

Euro

0.78 5M
Cash and Equivalents

William Morris

0.68 4M
Corporate

Tk Elevator

0.62 4M
Corporate

Broadstreet Partners, Inc.

0.56 3M
Corporate

Culligan

0.55 3M
Corporate

Allieduniversal

0.52 3M
Corporate

Sedgwick Claims

0.51 3M
Corporate

Freeport Lng Inv Floating Coupon 6.9792 Maturity 20330131

0.51 3M
Cash and Equivalents

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