Eaton Vance Floating Rate I
EIBLX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Boston, MA 02110 Boston MA United States of America 02110
- IPO Date
- Jan 30, 2001
- CIK
- 0000745463
- Website
- eatonvance.com
- Similar Companies
- Business
- Eaton Vance Floating-Rate Income Fund (EIBLX) is an open-end mutual fund managed by Eaton Vance Management, a subsidiary of Morgan Stanley Investment Management, that seeks a high level of current income with capital appreciation as a secondary objective by investing primarily in floating-rate loans, high-yield debt securities, and other income-producing instruments. The fund's portfolio includes senior floating-rate loans to corporations; second-lien loans; high-yield bonds and debentures; preferred stocks; and money market instruments, with allocations typically emphasizing bank loans that adjust interest rates based on benchmarks such as SOFR or prime rates to mitigate interest rate risk. It employs fundamental credit analysis, sector diversification across industries like technology, healthcare, and consumer goods, and active management to navigate credit cycles, targeting institutional and high-net-worth investors through retail share classes including Investor Class (EIBLX). Established as part of Eaton Vance's fixed-income offerings since 2004 and headquartered in Boston, Massachusetts, the fund operates globally with exposure to U.S. and international issuers across North America, Europe, and emerging markets. Eaton Vance, founded in 1924, provides a broad suite of equity, fixed-income, and alternative strategies under Morgan Stanley's umbrella following the 2021 acquisition. The fund maintains a flexible approach, allowing up to 30% in non-loan securities and opportunistic investments in CLO equity or distressed debt. Recent developments include enhanced integration with Morgan Stanley's platform post-acquisition, enabling expanded distribution and technology-driven portfolio analytics; a 2024 share class restructuring to lower fees amid competitive pressures; and strategic shifts toward sustainable lending with ESG screening in loan selection amid regulatory changes. In 2025, the fund participated in Morgan Stanley's launch of model portfolio solutions incorporating floating-rate strategies for rising-rate environments, alongside increased allocations to opportunistic senior loans following Federal Reserve policy adjustments.