Eaton Vance Floating Rate Income Closed Fund

EFT · NYSE · Financial Services / Asset Management

10.72USD+0.16 (+1.52%)

Price History

Full chart

Market Stats

Previous Close10.56

Open10.61

Day Range10.51 – 10.72

52-Week Range9.95 – 11.07

Volume246.92K

Market Cap280.40M

P/E (TTM)41.52

Forward P/E0.00

EPS0.25

Dividend Yield8.21%

Beta0.43

50-Day Avg10.68

200-Day Avg10.92

About

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.

Company Details

SectorFinancial Services
IndustryAsset Management
CEOMr. Payson F. Swaffield CFA
Employees0
HeadquartersOne Post Office Square, Boston, MA, United States, 02109, USA
Websitehttps://funds.eatonvance.com/Floating-Rate-Income-

Leadership

Mr. Payson F. Swaffield CFAVP, Chief Income Investment Officer & Portfolio Manager
Mr. Ralph H. Hinckley Jr., CFAPortfolio Manager
Mr. Craig P. RussVP, Co-Director of Bank Loan Research & Portfolio Manager · b. 1964

Financials

Income Statement

Currency: USD	2007-05-31	2008-05-31	2009-05-31	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31	2024-05-31	2025-05-31	2026-05-31
Total Revenue	93.47M	83.37M	56.60M	52.54M	49.13M	48.76M	32.75M	46.97M	35.30M	19.80M	-46.20M	91.27M	-12.23M	15.47M	57.22M	33.18M	16.89M
Growth (%)	-	-10.81%	-32.10%	-7.18%	-6.50%	-0.75%	-32.83%	+43.43%	-24.86%	-43.91%	-333.34%	+297.57%	-113.40%	+226.51%	+269.78%	-42.01%	-49.10%
Cost of Revenue	6.68M	6.28M	4.53M	-	-	-	7.38M	7.36M	7.51M	7.48M	7.09M	50.04M	-43.49M	4.75M	1.09M	12.82M	4.09M
Gross Profit	86.80M	77.08M	52.08M	52.54M	49.13M	48.76M	25.37M	39.62M	35.30M	12.31M	-53.28M	41.23M	31.26M	10.72M	56.13M	20.36M	12.80M
Gross Margin	92.86%	92.46%	92.00%	100.00%	100.00%	100.00%	77.45%	84.34%	100.00%	62.19%	115.34%	45.17%	-255.54%	69.29%	98.10%	61.35%	75.79%
Operating Expense	1.36M	1.42M	870.10K	8.37M	8.74M	8.58M	-16.25M	-37.89M	-8.63M	-33.78M	-97.14M	7.53M	5.51M	-33.65M	3.93M	727.26K	-4.39M
Operating Income	85.44M	75.67M	51.21M	44.17M	40.38M	40.18M	41.62M	77.51M	43.93M	46.09M	43.86M	33.70M	25.75M	44.37M	52.20M	19.63M	17.19M
Operating Margin	91.40%	90.76%	90.46%	84.07%	82.20%	82.41%	127.07%	165.00%	124.45%	232.83%	-94.93%	36.92%	-210.49%	286.74%	91.23%	59.16%	101.78%
EBITDA	-	-	-	68.01M	31.68M	20.09M	-2.30M	70.47M	43.93M	18.91M	-87.47M	157.03M	8.98M	25.53M	69.50M	19.63M	17.22M
EBITDA Margin	-	-	-	129.44%	64.48%	41.20%	-7.03%	150.02%	124.45%	95.54%	189.35%	172.05%	-73.44%	165.01%	121.46%	59.16%	101.97%
Net Income	85.44M	-26.00M	-141.18M	67.10M	29.59M	17.88M	3.20M	70.47M	34.48M	19.01M	-46.79M	90.35M	-12.84M	14.92M	55.32M	19.63M	6.76M
Net Income Margin	91.40%	-31.19%	-249.40%	127.72%	60.22%	36.67%	9.78%	150.02%	97.68%	96.01%	101.29%	98.99%	104.97%	96.44%	96.67%	59.16%	40.03%
R&D	-	-	-	-	-	-	0.07	-	-	-	1.53	4.96	0.35	0.36	-	-	-
R&D as % of Total Revenue	-	-	-	-	-	-	0.00%	-	-	-	-0.00%	0.00%	-0.00%	0.00%	-	-	-
Interest Expense	0	0	0	1.37M	2.09M	2.21M	3.12M	4.95M	9.45M	12.31M	10.26M	5.09M	4.08M	10.80M	13.99M	12.82M	10.46M
Interest Expense % of Total Revenue	0.00%	0.00%	0.00%	2.60%	4.26%	4.53%	9.53%	10.53%	26.77%	62.20%	-22.21%	5.58%	-33.36%	69.78%	24.45%	38.65%	61.94%

Balance Sheet

Currency: USD	2007-05-31	2008-05-31	2009-05-31	2010-05-31	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31	2024-05-31	2025-05-31	2026-05-31
Total Assets	1.18B	1.05B	691.63M	-	1.09B	1.04B	1.02B	912.09M	979.65M	987.50M	945.72M	810.01M	938.63M	620.37M	580.57M	563.06M	557.05M	486.83M
Total Liabilities	38.68M	298.65M	120.70M	-	441.66M	400.35M	393.97M	326.99M	358.88M	365.25M	339.31M	290.55M	358.04M	235.08M	211.01M	214.07M	216.66M	166.25M
Total Equity	1.14B	753.37M	570.93M	-	646.84M	641.08M	623.44M	585.10M	620.77M	622.24M	606.41M	519.46M	580.59M	385.30M	369.56M	348.99M	340.39M	320.58M
Cash	14.94M	3.82M	-	-	20.20M	10.98M	14.19M	7.97M	6.24M	6.75M	4.54M	3.02M	9.31M	4.34M	8.82M	10.46M	3.12M	15.77M
Total Debt	-	-	-	-	377.17M	380.24M	371.08M	312.00M	325.64M	254.00M	248.00M	190.00M	250.00M	147.00M	118.00M	112.00M	119.00M	148.50M
Net Debt	-	-	-	-	356.96M	369.26M	356.88M	304.03M	319.40M	247.25M	243.46M	186.98M	240.69M	142.66M	109.18M	101.54M	115.88M	132.73M

Cash Flow

Currency: USD	2007-05-31	2008-05-31	2009-05-31	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31	2024-05-31	2025-05-31	2026-05-31
Operating Cash Flow	63.03M	-47.49M	231.77M	-7.43M	15.75M	49.11M	92.14M	19.56M	26.41M	37.75M	97.81M	-22.05M	278.28M	64.91M	83.00M	14.63M	22.99M
Investing Cash Flow	-	-	-	-	-	-	-	-	-	-	60.30M	-46.84M	252.33M	35.63M	-	-	71.43M
Financing Cash Flow	-59.43M	-52.98M	-235.53M	26.89M	-24.96M	-45.90M	-94.47M	-22.01M	-25.30M	-41.17M	-98.82M	30.34M	-285.77M	-59.80M	-81.97M	-21.31M	-78.66M
Capital Expenditure	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3	0	3
Free Cash Flow	-	-	-	-7.43M	15.75M	49.11M	92.14M	19.56M	26.41M	37.75M	97.81M	-22.05M	278.28M	64.91M	83.00M	14.63M	22.99M
Dividends Paid	60.31M	53.27M	41.26M	39.18M	38.04M	35.52M	36.04M	34.80M	33.01M	34.84M	40.15M	29.22M	27.96M	30.66M	38.79M	32.37M	26.58M
FCF to OCF	-	-	-	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	-	-	-	-527.45%	241.62%	72.32%	39.11%	177.94%	124.97%	92.30%	41.05%	-132.52%	10.05%	47.24%	46.73%	221.30%	115.59%

Earnings

Report Date	Feb 28, 2011	May 31, 2011	Aug 31, 2011	Nov 30, 2011	Feb 29, 2012	May 31, 2012	Aug 31, 2012	Nov 30, 2012	Feb 28, 2013	May 31, 2013	Aug 31, 2013	Nov 30, 2013	Feb 28, 2014	May 31, 2014	Aug 31, 2014	Nov 30, 2014	Feb 28, 2015	May 31, 2015	Aug 31, 2015	Nov 30, 2015	Feb 29, 2016	May 31, 2016	Aug 31, 2016	Nov 30, 2016	Feb 28, 2017	May 31, 2017	Aug 31, 2017	Nov 30, 2017	Feb 28, 2018	May 31, 2018	Aug 31, 2018	Nov 30, 2018	Feb 28, 2019	May 31, 2019	Aug 31, 2019	Nov 30, 2019	Feb 29, 2020	May 31, 2020	Aug 31, 2020	Nov 30, 2020	Feb 28, 2021	May 31, 2021	Jan 27, 2025	Jul 28, 2025
EPS Estimate	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EPS Actual	0.80	0.18	-0.98	0.66	0.78	0.17	0.53	0.45	0.45	0.35	0.04	0.34	0.24	0.11	0.12	-0.06	0.19	0.19	-0.39	-0.39	0.37	0.37	0.48	0.48	0.40	0.40	0.17	0.17	0.26	0.26	0.07	0.07	0.17	0.17	0.06	0.06	-0.65	-0.65	0.76	0.76	0.38	0.38	0.55	0.19
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap280.40M

Enterprise Value416.79M

Trailing P/E41.52

Forward P/E0.00

PEG Ratio0.00

Price / Sales7.00

Price / Book0.87

EPS0.25

Book Value12.06

Revenue (TTM)39.43M

Gross Profit (TTM)39.43M

Profit Margin17.15%

Operating Margin89.02%

Return on Equity2.05%

Return on Assets4.21%

Shares Outstanding26.58M

Shares Float0

Beta0.43

Dividend Yield8.21%

Dividend Rate0.85

Payout Ratio362.40%

Analyst Ratings

Hold

Based on 2 analysts

Hold
2

Dividends

20269×

0.07Oct 15, 20260.07Sep 15, 20260.07Aug 14, 20260.07Jul 15, 20260.07Jun 15, 20260.07May 15, 20260.07Apr 15, 20260.07Mar 16, 20260.09Feb 17, 2026

202512×

0.09Dec 30, 20250.08Dec 15, 20250.09Nov 14, 20250.09Oct 15, 20250.09Sep 15, 20250.09Aug 15, 20250.09Jul 15, 20250.09Jun 16, 20250.09May 15, 20250.09Apr 15, 20250.09Mar 14, 20250.09Feb 14, 2025

20243×

0.10Dec 30, 20240.10Dec 23, 20240.10Nov 21, 2024