Eaton Vance Floating - Rate Fund Institutional Class (EIBLX)
| Fund Assets | 3.52B |
| Expense Ratio | 0.81% |
| Min. Investment | $250,000 |
| Turnover | 35.00% |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 7.55% |
| Dividend Growth | -11.98% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.00 |
| YTD Return | -0.43% |
| 1-Year Return | 3.04% |
| 5-Year Return | 26.17% |
| 52-Week Low | 7.58 |
| 52-Week High | 8.07 |
| Beta (5Y) | 0.13 |
| Holdings | 601 |
| Inception Date | Jan 30, 2001 |
About EIBLX
Eaton Vance Floating‑Rate Fund Institutional Class is a diversified mutual fund primarily focused on generating high current income through investments in senior floating-rate loans. Managed by Eaton Vance, a recognized leader in floating-rate loan strategies, this fund seeks to provide shareholders with broad exposure to the floating-rate loan market by deploying in-depth, bottom-up credit research and maintaining a wide degree of issuer and sector diversification. The fund invests at least 80% of its total assets in income-producing floating-rate loans and related debt securities, typically those rated below investment grade. These loans, which reset their interest rates periodically based on short-term benchmarks such as LIBOR or SOFR, are designed to offer a degree of protection against rising interest rates while aiming for portfolio stability and lower volatility relative to traditional bond or equity markets. Eaton Vance Floating‑Rate Fund Institutional Class is widely used as a portfolio diversifier, offering low correlation to traditional fixed income and equity assets. With a large number of underlying loans—spanning many sectors such as technology, travel, and healthcare—and monthly income distributions, the fund is positioned as a specialized tool for institutional investors seeking income generation and risk mitigation within the bank loan segment of the credit market.
Performance
EIBLX had a total return of 3.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.70%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04513 | Jan 30, 2026 |
| Dec 31, 2025 | $0.05788 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04536 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04943 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04686 | Sep 30, 2025 |
| Aug 29, 2025 | $0.05018 | Aug 29, 2025 |