Eaton Vance Floating-Rate & Hi Inc Inst

Frequently Asked Questions About EIFHX

What does EIFHX invest in?

Under typical market conditions, this fund commits at least 80% of its total capital to a blend of income-generating floating-rate loans, other floating-rate debt instruments, and high-yield corporate bonds. Its allocation to unsecured high-yield corporate bonds is restricted to a maximum of 20% of its overall assets. The portfolio primarily targets senior floating-rate loans, commonly known as "Senior Loans," which originate from both domestic and international borrowers. Additionally, a smaller portion of its strategy includes investments in high-yield, high-risk corporate debt.

What is the expense ratio of EIFHX?

Eaton Vance Floating-Rate & Hi Inc Inst (EIFHX) charges an expense ratio of 0.83%. This is the annual fee deducted from fund assets to cover management and operations.

How big is EIFHX?

Eaton Vance Floating-Rate & Hi Inc Inst (EIFHX) manages $592.3M 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 EIFHX actively managed or an index fund?

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

When was EIFHX launched?

Eaton Vance Floating-Rate & Hi Inc Inst (EIFHX) launched in September 2000 and is managed by the fund issuer.

How has EIFHX performed?

EIFHX'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.