EVLN icon

Eaton Vance Floating-Rate ETF

50.53 USD
-0.01
0.02%
At close Jan 21, 4:00 PM EST
1 day
-0.02%
5 days
0.08%
1 month
0.50%
3 months
0.06%
6 months
-0.02%
Year to date
0.32%
1 year
0.96%
5 years
0.96%
10 years
0.96%
0
Funds holding %
of 6,823 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

125% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 4

45% more funds holding

Funds holding: 11 [Q2] → 16 (+5) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

10.79% less ownership

Funds ownership: 21.7% [Q2] → 10.91% (-10.79%) [Q3]

35% less capital invested

Capital invested by funds: $176M [Q2] → $114M (-$62M) [Q3]

80% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 5

Research analyst outlook

We haven’t received any recent analyst ratings for EVLN.

Financial journalist opinion

Neutral
ETF Trends
1 week ago
A Look Back at Morgan Stanley First 2 ETF Years
Approximately two years ago, just before an Exchange conference kicked off, one of the largest asset managers entered into the ETF market. Morgan Stanley Investment Management (MSIM), home to some of the strongest asset management brands, launched their initial suite of ETFs in January 2023.
A Look Back at Morgan Stanley First 2 ETF Years
Positive
ETF Trends
3 weeks ago
Bank Loan Spreads Offer Dynamic Opportunities
Time after time, fixed income investors have faced the difficult decision of choosing between bank loans or high yield bonds.  The general wisdom for this debate has been that bank loans can carry lower risk than high yield bonds.
Bank Loan Spreads Offer Dynamic Opportunities
Positive
ETF Trends
1 month ago
Eaton Vance's Core Plus Bond ETF Passes $1 Billion in AUM
It's certainly a good time to be an investor in Eaton Vance's fixed income strategies.  In the past few weeks, the Eaton Vance Total Return Bond ETF (EVTR) passed $1 billion threshold in assets under management.
Eaton Vance's Core Plus Bond ETF Passes $1 Billion in AUM
Positive
ETF Trends
1 month ago
Opportunity is Knocking for Bank Loan ETFs
While some investors remain fixated on high yield bonds, treasuries, and even munis, they may be missing out on opportunities that bank loans are currently offering.  Recent insights from Eaton Vance broke down the strong investment case supporting both bank loans and CLOs.
Opportunity is Knocking for Bank Loan ETFs
Neutral
ETF Trends
2 months ago
Beyond the Behemoths: Smaller ETF Standouts of 2024
Markets have weathered a flurry of catalysts in 2024. These include a surprisingly strong U.S. economy, global election super-cycle, major pivot in rate policy, and continued geopolitical unrest.
Beyond the Behemoths: Smaller ETF Standouts of 2024
Positive
ETF Trends
2 months ago
A Record Year for ETF Inflows Imminent
The U.S. ETF industry is about to hit a tremendous milestone. Year to date through November 11, $897 billion has flowed into exchange traded funds, according to FactSet data.
A Record Year for ETF Inflows Imminent
Positive
ETF Trends
2 months ago
EVLN's Floating-Rate Loan Strategy Hits $1 Billion in AUM
Investors have spoken loud and clear — floating-rate loan investing presents an attractive opportunity for yield.  At the very least, they certainly have spoken in support of the Eaton Vance Floating-Rate ETF (EVLN).
EVLN's Floating-Rate Loan Strategy Hits $1 Billion in AUM
Neutral
ETF Trends
2 months ago
ETF Prime: Murphy on ETF Launch Trends, Crypto & More
This week's edition of the ETF Prime podcast saw host Nate Geraci invite VettaFi Investment Strategist Cinthia Murphy to tour the key trends in new ETFs right now. Later, Tradr ETFs Head of Product and Capital Markets Matt Markovich joined the show to discuss his firm's calendar reset leveraged ETFs.
ETF Prime: Murphy on ETF Launch Trends, Crypto & More
Positive
Seeking Alpha
3 months ago
EVLN: The Time Just Isn't Right
EVLN's floating-rate securities offer relatively high current yields but face risks from potential rate declines, limiting future returns and effective duration benefits. The ETF's 0.60% expense ratio is higher than larger funds like FLOT, which offer similar returns with lower costs. Alternatives like EFR provide better exposure to international bonds and currencies, potentially outperforming in a weakening dollar environment.
EVLN: The Time Just Isn't Right
Positive
ETF Trends
3 months ago
Seize the Yield Opportunities in Bank Loans & CLOs
Heading into the end of 2024, investors should be assessing which investment vehicles can offer them the strongest potential yield. Right now, bank loans and collateralized loan obligations (CLOs) can offer competitive yield for investors.
Seize the Yield Opportunities in Bank Loans & CLOs
Charts implemented using Lightweight Charts™