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Upturn AI SWOT - About
Eaton Vance Floating Rate Income Closed Fund (EFT)
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Upturn Advisory Summary
10/15/2025: EFT (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit 17.96% | Avg. Invested days 75 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 10/15/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 326.59M USD | Price to earnings Ratio 8.58 | 1Y Target Price - |
Price to earnings Ratio 8.58 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.46 | 52 Weeks Range 10.44 - 13.88 | Updated Date 06/29/2025 |
52 Weeks Range 10.44 - 13.88 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 9.13% | Basic EPS (TTM) 1.44 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 70.66% | Operating Margin (TTM) 90.92% |
Management Effectiveness
Return on Assets (TTM) 5.36% | Return on Equity (TTM) 10.97% |
Valuation
Trailing PE 8.58 | Forward PE - | Enterprise Value 523186496 | Price to Sales(TTM) 6.06 |
Enterprise Value 523186496 | Price to Sales(TTM) 6.06 | ||
Enterprise Value to Revenue 11.51 | Enterprise Value to EBITDA - | Shares Outstanding 26444900 | Shares Floating - |
Shares Outstanding 26444900 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 29.77 |
Upturn AI SWOT
Eaton Vance Floating Rate Income Closed Fund
Company Overview
History and Background
Eaton Vance Floating Rate Income Closed Fund (EFR) was established to provide investors with a high level of current income, consistent with capital preservation. The fund invests primarily in senior, secured floating rate loans.
Core Business Areas
- Investment Management: Manages a portfolio of floating rate loans, primarily senior secured loans.
- Closed-End Fund Operations: Operates as a closed-end fund, meaning it issues a fixed number of shares and trades on the stock exchange.
Leadership and Structure
The fund is managed by Eaton Vance Management, a subsidiary of Morgan Stanley Investment Management. Portfolio management team oversees investment strategy and security selection.
Top Products and Market Share
Key Offerings
- Floating Rate Loans Portfolio: A diversified portfolio of senior, secured floating rate loans designed to generate income. The fund's market share is a small portion of the overall floating rate loan market, as it is a single fund. Competitors include other closed-end funds and ETFs focused on floating rate loans, as well as direct investments in loans.
Market Dynamics
Industry Overview
The floating rate loan market is influenced by interest rate environments, credit spreads, and economic conditions. Demand for floating rate loans increases during periods of rising interest rates.
Positioning
EFR aims to provide a high level of current income by investing in floating rate loans. Its closed-end structure allows for potential trading at a premium or discount to net asset value.
Total Addressable Market (TAM)
The total addressable market for floating rate loans is in the trillions of dollars. EFR's positioning is focused on income generation within this market, not necessarily capturing a dominant market share.
Upturn SWOT Analysis
Strengths
- Experienced management team
- High current income potential
- Diversified portfolio of floating rate loans
Weaknesses
- Interest rate risk
- Credit risk
- Trading at discount to NAV
- Management fees
Opportunities
- Rising interest rate environment
- Increased demand for income-generating assets
- Active management to enhance returns
Threats
- Economic recession
- Increased competition from other floating rate funds
- Downgrades in credit ratings of underlying loans
Competitors and Market Share
Key Competitors
- PGX
- BSV
Competitive Landscape
EFR competes with other closed-end funds, ETFs, and direct investments in floating rate loans. EFR's advantages include its experienced management team and potential for active management. Disadvantages include trading at a discount to NAV and management fees.
Growth Trajectory and Initiatives
Historical Growth: Growth is primarily driven by portfolio performance and the fund's ability to attract investors.
Future Projections: Future growth depends on the outlook for floating rate loans and the fund's ability to maintain its distribution rate.
Recent Initiatives: Recent initiatives may include adjustments to portfolio allocation and management strategies to optimize performance.
Summary
Eaton Vance Floating Rate Income Closed Fund (EFR) aims to deliver a high level of current income through its portfolio of floating rate loans. The fund's performance is closely tied to the interest rate environment and credit market conditions. Trading at a discount to NAV can present both opportunities and risks for investors. Future growth will rely on the fund's ability to navigate market volatility and maintain its distribution rate. Monitoring credit quality within its loan portfolio is crucial for continued success.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Eaton Vance website
- Financial news sources
- Investment analysis reports
Disclaimers:
This analysis is for informational purposes only and does not constitute investment advice. Financial data is subject to change. Past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Eaton Vance Floating Rate Income Closed Fund
Exchange NYSE | Headquaters Boston, MA, United States | ||
IPO Launch date 2004-07-26 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It invests in fixed income securities operating across diversified sectors. The fund primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Eaton Vance Floating-Rate Income Trust was formed on June 29, 2004 and is domiciled in the United States.
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