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Eaton Vance Floating-Rate Advantage Adv EVFAX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Eaton Vance Investment Hub

Morningstar’s Analysis EVFAX

Will EVFAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable EVFAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the EVFAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of EVFAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The use of leverage has aided this solid bank-loan strategy.

Senior Analyst Paul Olmsted

Paul Olmsted

Senior Analyst

Summary

Seasoned managers, a dedicated bank-loan research team, and a disciplined, time-tested approach keep Eaton Vance Floating-Rate Advantage as a top option for investors. However, given this team's talent and vast resources, investors should expect better relative results in this competitive peer group.

by Paul Olmsted
Rated on Published on

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