Eaton Vance Floating-Rate Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Eaton Vance Floating-Rate Fund held 1 positions with $3.07B in net assets. Its ten largest holdings made up 100.5% of the fund. The EABLX share class costs 1.06% a year. Over the 12 months to May 2026, EABLX returned 3.0%, with dividends reinvested.
The Funds investment objective is to provide a high level of current income.
The fund invests at least 80% of its assets in floating rate loans, primarily senior secured loans of below-investment-grade borrowers, supplemented by junior loans, other floating rate debt, and money market instruments; the adviser uses fundamental analysis to select loans based on risk-return characteristics and maintains broad diversification across borrowers and industries. Senior loans are secured with collateral and rank ahead of subordinated debt, but the fund's exposure to below-investment-grade credit quality and junior positions creates vulnerability to issuer defaults and loss of principal. The fund may invest up to 25% in foreign loans denominated in major currencies and uses derivatives to hedge currency and interest rate risk.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Eaton Vance Floating Rate Portfolio | 100.53% | $3.09B | 362.4M | $8.53 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
All 1 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Loans | 84.92% |
| Cash & short-term | 7.11% |
| Bonds | 4.56% |
| Securitized | 3.63% |
| 3 smaller | 2.12% |
Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified.
How it has done
EABLX share class · total returns with dividends reinvested
Volatility over the last 12 months: 1.60%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 5 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 1.06% | +2.97% | +21.14% | +24.86% | -0.98% | |
| 1.06% | +3.10% | +21.15% | +24.88% | -0.96% | |
| 1.81% | +2.31% | +18.60% | +20.39% | -1.04% | |
| 0.81% | +3.35% | +22.06% | +26.44% | -0.86% | |
| 0.75% | +3.41% | +22.37% | +26.80% | -0.86% |
These classes hold the same portfolio, so the 6.41pp spread over 5 years is the cost difference between them — roughly 1.28pp a year — not a difference in what they own.
Fees & fund details
Eaton Vance Floating-Rate Fund is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Master-feeder
- Expense ratio, by class
- 0.75% – 1.81%· EABLX 1.06%
- Portfolio turnover
- 35.00% a year · as of 2026 Q1
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
New and exited totals aren’t verifiable for this fund.
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — EABLX, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
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