Eaton Vance Floating Rate I

Frequently Asked Questions About EIBLX

What does EIBLX invest in?

Under normal operating conditions, the fund dedicates a minimum of 80% of its total assets to income-generating instruments such as floating rate loans and other variable-rate debt securities. Its principal investments are in senior floating rate loans, which originate from both U.S. and international companies and are commonly known as "Senior Loans." These loans typically possess credit ratings below investment grade, signifying a elevated risk profile and speculative attributes often associated with what is informally called "junk" status.

What is the expense ratio of EIBLX?

Eaton Vance Floating Rate I (EIBLX) charges an expense ratio of 0.82%. This is the annual fee deducted from fund assets to cover management and operations.

How big is EIBLX?

Eaton Vance Floating Rate I (EIBLX) manages $2.99B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is EIBLX actively managed or an index fund?

EIBLX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was EIBLX launched?

Eaton Vance Floating Rate I (EIBLX) launched in January 2001 and is managed by the fund issuer.

How has EIBLX performed?

EIBLX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.