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EIFAX Eaton Vance Floating-Rate Advantage I Forecast, Technical & Fundamental Analysis

The investment seeks to provide a high level of current income... Show more

Category: #Bank Loan
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A.I.Advisor
published Highlights

Industry description

The investment seeks to provide a high level of current income. Under normal circumstances, the fund invests at least 80% of its total assets in income producing floating rate loans and other floating rate debt securities. It invests primarily in senior floating rate loans of domestic and foreign borrowers ("Senior Loans"). Loans usually are of below investment grade quality and have below investment grade credit ratings, which ratings are associated with securities having high risk, speculative characteristics.
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A.I. Advisor
published General Information

General Information

Category BankLoan

Profile
Details
Category
Bank Loan
Address
Eaton Vance ManagementTwo International PlaceBoston
Phone
N/A
Web
www.eatonvance.com
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EIFAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, EIFAX has been closely correlated with EVBLX. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if EIFAX jumps, then EVBLX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EIFAX
1D Price
Change %
EIFAX100%
N/A
EVBLX - EIFAX
95%
Closely correlated
N/A
TRIZX - EIFAX
91%
Closely correlated
N/A
PFFRX - EIFAX
90%
Closely correlated
N/A
FFRTX - EIFAX
71%
Closely correlated
+0.11%
FIQSX - EIFAX
71%
Closely correlated
+0.11%
More
Eaton Vance Floating-Rate Advantage I (EIFAX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com