# Eaton Vance Floating-Rate ETF (EVLN): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/evln for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Eaton Vance · Asset class: High Yield & Loans - Strategy: Thematic · Inception: 2024-02-06 Under typical market conditions, the fund dedicates a minimum of 80% of its net assets to credit instruments that feature adjustable interest rates. This category of variable-rate investments may include, among other things, senior floating-rate loans extended to borrowers both domestically and internationally, debt segments within collateralized loan obligations (CLOs), floating-rate bonds that may be either secured by collateral or unsecured, as well as various forms of subordinated debt like secured or unsecured subordinated loans, second-lien loans, subordinated bridge loans, and mezzan... ## Key Facts | Metric | Value | |---|---| | Price | $48.10 | | Expense Ratio | 0.60% | | Assets Under Management | $1.65B | | NAV | $48.21 | | Holdings Count | 469 | | Distribution Yield (TTM) | 6.75% | | Annual Distribution (TTM) | $3.24 /share | | Distribution Frequency | Monthly | | 52-Week Range | $47.99 – $49.80 | | Beta | 0.11 | ## Latest Distribution - Amount: $0.2652 /share - Ex-date: 2026-09-30 - Pay date: 2026-10-06 ## Frequently Asked Questions ### What does EVLN invest in? Under typical market conditions, the fund dedicates a minimum of 80% of its net assets to credit instruments that feature adjustable interest rates. This category of variable-rate investments may include, among other things, senior floating-rate loans extended to borrowers both domestically and internationally, debt segments within collateralized loan obligations (CLOs), floating-rate bonds that may be either secured by collateral or unsecured, as well as various forms of subordinated debt like secured or unsecured subordinated loans, second-lien loans, subordinated bridge loans, and mezzanine investments. ### What is the expense ratio of EVLN? Eaton Vance Floating-Rate ETF (EVLN) charges an expense ratio of 0.60%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is EVLN? Eaton Vance Floating-Rate ETF (EVLN) manages $1.65B 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 EVLN actively managed or an index fund? EVLN's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was EVLN launched? Eaton Vance Floating-Rate ETF (EVLN) launched in February 2024 and is managed by Eaton Vance. ### How has EVLN performed? EVLN'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. ### Does EVLN pay a dividend? Eaton Vance Floating-Rate ETF (EVLN) currently distributes little or no income. Trailing-twelve-month yield is 6.75%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does EVLN pay dividends? Eaton Vance Floating-Rate ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is EVLN's dividend yield? EVLN's trailing-twelve-month yield is 6.75%, calculated from the sum of dividends over the past year divided by the current price. ### When is EVLN's next ex-dividend date? The most recently announced ex-dividend date for EVLN was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will EVLN's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.60% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does EVLN charge its expense ratio? The expense ratio is deducted in tiny daily slices from EVLN's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does EVLN cost more than a fund like VOO? EVLN's strategy (current expense ratio 0.60%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where EVLN sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to EVLN? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as EVLN (0.60%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/evln - Distribution history: https://www.dividenddata.com/funds/evln/dividend - Holdings & diversification: https://www.dividenddata.com/funds/evln/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/evln/expenses - Peer comparison: https://www.dividenddata.com/funds/evln/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.