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Eaton Vance Floating-Rate Advantage Adv EVFAX

Analyst rating as of
  • NAV / 1-Day Return 9.90  /  0.02 %
  • Total Assets 6.3 Bil
  • 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.

Experience and discipline exemplify this bold bank-loan offering.

Senior Analyst



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.

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