A seasoned portfolio management team and deep credit research resources bolster Eaton Vance Floating Rate Advantage despite a longtime manager’s retirement. Its cheaper share classes earn Morningstar Analyst Ratings of Silver and Bronze, while its more-expensive shares are rated Neutral.
- NAV / 1-Day Return 9.90 / 0.02 %
- Total Assets 6.3 Bil
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Adj. Expense Ratio
- Expense Ratio 1.280%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low / Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 5.66%
- Effective Duration 0.35 years
Morningstar’s Analysis EVFAX
Will EVFAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.