ETF overview
Under typical market conditions, the fund dedicates a minimum of 80% of its net assets to credit instruments that feature adjustable interest rates. This category of variable-rate investments may include, among other things, senior floating-rate loans extended to borrowers both domestically and internationally, debt segments within collateralized loan obligations (CLOs), floating-rate bonds that may be either secured by collateral or unsecured, as well as various forms of subordinated debt like secured or unsecured subordinated loans, second-lien loans, subordinated bridge loans, and mezzanine investments.
Fund facts
- Expense ratio
- 0.60%
- Fund assets
- 1.67B USD (all share classes)
- Issuer
- Eaton Vance
- Inception date
- Feb 6, 2024
- Number of holdings
- 477
Breakdown
Holdings (477)
| Name | Ticker | Weight |
|---|---|---|
| MSILF GOVERNMENT | 12.32% | |
| UFC HOLDINGS LLC | 1.02% | |
| ABG INTERMEDIATE HOLDING | 0.99% | |
| EOC BORROWER LLC | 0.97% | |
| HARBOR FREIGHT TOOLS USA | 0.90% | |
| ALLIED UNIVERSAL HOLDCO | 0.70% | |
| HUB INTERNATIONAL LIMITED | 0.69% | |
| HOLOGIC INC | 0.69% | |
| ALLIANT HOLDINGS INTERME | 0.68% | |
| GREAT OUTDOORS GROUP, LLC | 0.67% | |
| and 464 more | ||
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.60%
- Fund assets
- 1.67B USD (all share classes)
- Issuer
- Eaton Vance
- Inception date
- Feb 6, 2024
- Number of holdings
- 477
| Name | Ticker | Weight |
|---|---|---|
| MSILF GOVERNMENT | 12.32% | |
| UFC HOLDINGS LLC | 1.02% | |
| ABG INTERMEDIATE HOLDING | 0.99% | |
| EOC BORROWER LLC | 0.97% | |
| HARBOR FREIGHT TOOLS USA | 0.90% | |
| ALLIED UNIVERSAL HOLDCO | 0.70% | |
| HUB INTERNATIONAL LIMITED | 0.69% | |
| HOLOGIC INC | 0.69% | |
| ALLIANT HOLDINGS INTERME | 0.68% | |
| GREAT OUTDOORS GROUP, LLC | 0.67% | |
| and 464 more | ||
Under typical market conditions, the fund dedicates a minimum of 80% of its net assets to credit instruments that feature adjustable interest rates. This category of variable-rate investments may include, among other things, senior floating-rate loans extended to borrowers both domestically and internationally, debt segments within collateralized loan obligations (CLOs), floating-rate bonds that may be either secured by collateral or unsecured, as well as various forms of subordinated debt like secured or unsecured subordinated loans, second-lien loans, subordinated bridge loans, and mezzanine investments.
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