EVLNEaton Vance Floating-Rate ETF

Get income2y track recordRanked #643 of 1,622 in this goal

Seeks to provide a high level of current income.

By Eaton Vance ETFs · Launched 2024

Annual Cost

0.60%

#3,108 of 5,562 · average

Fund Size

$1.3B

#952 of 5,562 · large

Dividend YieldGoal

6.94%

Track Record

2 years

#3,435 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,491+4.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 12.4% of fund✓ well diversified

Morgan Stanley & Co. LLC

5.8%

TK Elevator Midco GmbH

0.9%

UKG, Inc.

0.8%

HUB International Ltd.

0.8%

AthenaHealth Group, Inc.

0.7%

TKO Worldwide Holdings LLC

0.7%

Broadstreet Partners Group LLC

0.7%

CQP Holdco LP

0.7%

Primo Brands Corp.

0.7%

IRB Holding Corp.

0.7%

Asset allocation

Bonds

96.2%

Cash

3.6%

Stocks

0.1%

Preferred

0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

1.9%Low

Year-on-year price swings

Max drawdown

-2.8%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide a high level of current income.
Strategy: Invests primarily in floating-rate credit investments, including senior loans and CLOs, to provide current income. May also invest in fixed-rate corporate bonds and engage in derivatives for hedging.
Inception date: February 6, 2024
Fund family: Eaton Vance ETFs