A Measured Approach to Bank Loans and High Yield
Bronze-rated Eaton Vance Floating-Rate and High Income has an impressive management team and long-term record, but high fees temper our enthusiasm.
The following is our latest Fund Analyst Report for Eaton Vance Floating-Rate & High Income Fund (EIFHX). Morningstar Premium Members have access to full analyst reports such as this for more than 1,000 of the largest and best mutual funds. Not a Premium Member? Gain full access to our analyst reports and advanced tools immediately when you try Morningstar Premium free for 14 days.
Although its fees are meaningfully higher than similar peers', the fund’s strong management, consistent and effective process, and strong long-term performance versus peers lead to Eaton Vance Floating-Rate and High Income's Morningstar Analyst Rating of Bronze.
Kenneth Oshodi does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.