(EFT) Eaton Vance Floating Rate - Overview

Sector: Financial ServicesIndustry: Asset Management | Exchange NYSE (USA) | Currency USD | Market Cap: 285m | Total Return -9.3% in 12m

Stock: Floating Rate Loans, Senior Loans, Secured Loans

Total Rating 34

Risk 73

Buy Signal -0.82

Asset Management +7.2
Asset Management & Custody Banks +8.1

Market Cap: 285m
Avg Trading Vol: 1.54M USD

ATR: 1.27%
Peers RS (IBD): 39.6

Risk 5d forecast
Volatility	18.9%
Relative Tail Risk	-8.47%

Reward TTM
Sharpe Ratio	-0.97
Alpha	-16.75

Character TTM
Beta	0.323
Beta Downside	0.413

Drawdowns 3y
Max DD	17.49%
CAGR/Max DD	0.39

EPS (Earnings per Share)

EPS CAGR: -74.47%
EPS Trend: -63.4%

Qual. Beats: 0

Revenue

Rev. CAGR: -5.92%
Rev. Trend: 7.1%

Qual. Beats: 0

Description: EFT Eaton Vance Floating Rate March 21, 2026

Eaton Vance Floating-Rate Income Trust (EFT) is a US-domiciled closed-ended fixed income mutual fund. It primarily invests in senior, secured floating-rate loans within the US fixed income market. Floating-rate loans are debt instruments with variable interest rates, typically tied to a benchmark like LIBOR or SOFR. The funds performance is benchmarked against the S&P/LSTA Leveraged Loan Index.

The funds GICS sub-industry is Asset Management & Custody Banks, indicating its role in managing investment portfolios for clients. This sector focuses on financial services related to investment management and safekeeping of assets.

For more in-depth analysis, explore ValueRays comprehensive research tools.

Headlines to watch out for

Interest rate hikes boost floating-rate loan income
Credit quality of borrowers impacts loan performance
Leveraged loan market sentiment affects fund value
Regulatory changes in lending impact fund operations

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income: 22.6m TTM > 0 and > 6% of Revenue
FCF/TA: 0.06 > 0.02 and ΔFCF/TA -2.58 > 1.0
NWC/Revenue: -9.96% < 20% (prev -224.4%; Δ 214.4% < -1%)
CFO/TA 0.06 > 3% & CFO 32.0m > Net Income 22.6m
Net Debt (164.9m) to EBITDA (24.4m): 6.75 < 3
Current Ratio: 0.64 > 1.5 & < 3
Outstanding Shares: last quarter (26.6m) vs 12m ago 0.50% < -2%
Gross Margin: 92.48% > 18% (prev 0.92%; Δ 9.16k% > 0.5%)
Asset Turnover: 10.96% > 50% (prev 10.03%; Δ 0.93% > 0%)
Interest Coverage Ratio: 2.41 > 6 (EBITDA TTM 24.4m / Interest Expense TTM 8.97m)

Altman Z'' -0.98

A: -0.01 (Total Current Assets 10.8m - Total Current Liabilities 16.8m) / Total Assets 528.2m
B: -0.19 (Retained Earnings -101.3m / Total Assets 528.2m)
C: 0.04 (EBIT TTM 21.6m / Avg Total Assets 549.2m)
D: -0.52 (Book Value of Equity -101.1m / Total Liabilities 194.3m)
Altman-Z'' Score: -0.98 = CCC

Beneish M

DSRI: 1.10 (Receivables 8.06m/6.93m, Revenue 60.2m/57.2m)
GMI: 0.99 (GM 92.48% / 91.64%)
AQI: none (AQ_t none / AQ_t-1 none)
SGI: 1.05 (Revenue 60.2m / 57.2m)
TATA: -0.02 (NI 22.6m - CFO 32.0m) / TA 528.2m)
Beneish M-Score: cannot calculate (missing components)

What is the price of EFT shares?

As of March 28, 2026, the stock is trading at USD 10.35 with a total of 133,232 shares traded.
Over the past week, the price has changed by -4.26%, over one month by -4.48%, over three months by -6.78% and over the past year by -9.31%.

Is EFT a buy, sell or hold?

Eaton Vance Floating Rate has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold EFT.

StrongBuy: 0
Buy: 0
Hold: 2
Sell: 0
StrongSell: 0

What are the forecasts/targets for the EFT price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	-	-
Analysts Target Price	-	-

EFT Fundamental Data Overview March 27, 2026

P/E Trailing = 22.3333
P/S = 6.3497
P/B = 0.8604
Revenue TTM = 60.2m USD
EBIT TTM = 21.6m USD
EBITDA TTM = 24.4m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 176.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 164.9m USD (from netDebt column, last quarter)
Enterprise Value = 449.8m USD (284.9m + Debt 176.5m - CCE 11.6m)
Interest Coverage Ratio = 2.41 (Ebit TTM 21.6m / Interest Expense TTM 8.97m)
EV/FCF = 14.07x (Enterprise Value 449.8m / FCF TTM 32.0m)
FCF Yield = 7.11% (FCF TTM 32.0m / Enterprise Value 449.8m)
FCF Margin = 53.12% (FCF TTM 32.0m / Revenue TTM 60.2m)
Net Margin = 37.52% (Net Income TTM 22.6m / Revenue TTM 60.2m)
Gross Margin = 92.48% ((Revenue TTM 60.2m - Cost of Revenue TTM 4.53m) / Revenue TTM)
Gross Margin QoQ = 84.13% (prev 89.21%)
Tobins Q-Ratio = 0.85 (Enterprise Value 449.8m / Total Assets 528.2m)
Interest Expense / Debt = 3.17% (Interest Expense 5.59m / Debt 176.5m)
Taxrate = 21.0% (US default 21%)
NOPAT = 17.1m (EBIT 21.6m * (1 - 21.00%))
Current Ratio = 0.64 (Total Current Assets 10.8m / Total Current Liabilities 16.8m)
Debt / Equity = 0.53 (Debt 176.5m / totalStockholderEquity, last quarter 333.9m)
Debt / EBITDA = 6.75 (Net Debt 164.9m / EBITDA 24.4m)
Debt / FCF = 5.16 (Net Debt 164.9m / FCF TTM 32.0m)
Total Stockholder Equity = 340.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.11% (Net Income 22.6m / Total Assets 528.2m)
RoE = 6.62% (Net Income TTM 22.6m / Total Stockholder Equity 340.9m)
RoCE = 4.23% (EBIT 21.6m / Capital Employed (Total Assets 528.2m - Current Liab 16.8m))
RoIC = 3.77% (NOPAT 17.1m / Invested Capital 452.8m)
WACC = 5.35% (E(284.9m)/V(461.4m) * Re(7.12%) + D(176.5m)/V(461.4m) * Rd(3.17%) * (1-Tc(0.21)))
Discount Rate = 7.12% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 100.0 | Cagr: 0.75%
[DCF] Terminal Value 81.89% ; FCFF base≈38.9m ; Y1≈27.3m ; Y5≈14.2m
[DCF] Fair Price = 10.56 (EV 445.7m - Net Debt 164.9m = Equity 280.8m / Shares 26.6m; r=6.0% [WACC]; 5y FCF grow -35.05% → 3.0% )
EPS Correlation: -63.37 | EPS CAGR: -74.47% | SUE: N/A | # QB: 0
Revenue Correlation: 7.08 | Revenue CAGR: -5.92% | SUE: N/A | # QB: 0

Additional Sources for EFT Stock

Fund Manager Positions: Dataroma | Stockcircle