Eaton Vance Floating Rate I (EIBLX) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Eaton Vance Floating Rate I (EIBLX) trades at $7.84. Eaton Vance Floating Rate I is a closed-end management investment company. Market cap: $2.97B, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 18, 2026Analyst Coverage for EIBLX: EIBLX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates EIBLX against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
EIBLX: 1/3 scored disciplines lean bearish. Dominant signal: Ray Dalio bullish.
How is this calculated? →Eaton Vance Floating Rate I (EIBLX) Financial Services Profile
Eaton Vance Floating Rate I (EIBLX) is a closed-end fund specializing in floating rate loans and debt securities, primarily senior loans of below investment grade quality, offering investors exposure to higher-yield debt instruments within the asset management sector, while carrying higher risk.
What Is the Investment Thesis for EIBLX?
Eaton Vance Floating Rate I presents an investment opportunity for those seeking income from floating rate loans, particularly senior loans of below-investment-grade quality. With a beta of 0.06, the fund exhibits low volatility relative to the broader market. The fund's strategy of investing in floating rate loans offers a hedge against rising interest rates. However, the fund's focus on below-investment-grade loans introduces a higher level of credit risk. The fund's performance is closely tied to the creditworthiness of the borrowers and the overall health of the economy. While the fund does not currently offer a dividend yield, the income generated from the floating rate loans is a key value driver. Investors should carefully consider the risks associated with below-investment-grade debt and the potential for defaults or downgrades. The fund's net asset value and market price will be influenced by changes in interest rates, credit spreads, and the overall market sentiment towards high-yield debt.
Based on FMP financials and quantitative analysis
EIBLX Key Highlights
The fund invests at least 80% of its total assets in income producing floating rate loans and other floating rate debt securities.
- The fund primarily invests in senior floating rate loans of domestic and foreign borrowers.
- Loans usually are of below investment grade quality and have below investment grade credit ratings.
- The fund has a beta of 0.06, indicating low volatility relative to the market.
- The fund has a market capitalization of $2.97B.
Who Are EIBLX's Competitors?
EIBLX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| EADOX Eaton Vance Emerging Markets Debt Opportunities - Class A | $8.70 | +0.23% | $5.18B | — |
| FAATX American Funds 2010 Target Date Retirement Fd Cl F-1 | $12.74 | -0.23% | $3.77B | 44 |
| FRVLX Franklin Small Cap Value Fund, Class A | $68.34 | -0.81% | $4.26B | 44 |
| JSVAX Janus Henderson Contrarian Fund - T Shares | $32.02 | -0.56% | $5.71B | 44 |
| PLFDX Aristotle Floating Rate Income Fund Class I-2 | $9.28 | +0.00% | $3.81B | — |
| APAM Artisan Partners Asset Management Inc. | $42.05 | -1.06% | $2.99B | 70 |
| HTGC Hercules Capital, Inc. | $16.90 | +1.50% | $3.16B | 70 |
| AAMI Acadian Asset Management (AAMI) | $91.04 | -0.86% | $3.24B | 84 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are EIBLX's Key Strengths?
Experienced management team at Eaton Vance.
- Focus on floating rate loans provides a hedge against rising interest rates.
- Diversified portfolio of senior loans.
- Established track record in managing fixed-income investments.
What Are EIBLX's Weaknesses?
Exposure to below-investment-grade loans increases credit risk.
- Fund performance is sensitive to changes in interest rates and credit spreads.
- Closed-end fund structure can lead to price volatility.
- Lack of dividend yield may deter some investors.
What Could Drive EIBLX Stock Higher?
Potential for increased inflows as interest rates rise and investors seek floating rate assets.
- Active management of the portfolio to optimize returns and mitigate risks.
- Monitoring of credit quality and economic conditions to identify potential investment opportunities.
What Are the Key Risks for EIBLX?
Credit risk associated with below-investment-grade loans.
- Interest rate risk, although mitigated by the floating rate nature of the loans.
- Liquidity risk, as some loans may be difficult to sell quickly.
- Market risk, as the fund's performance is subject to overall market conditions.
- Regulatory risk, as changes in regulations could impact the fund's investment strategy.
What Are the Growth Opportunities for EIBLX?
- Increased Demand for Floating Rate Assets: As interest rates are expected to rise, the demand for floating rate assets is likely to increase. This could lead to increased inflows into Eaton Vance Floating Rate I, boosting its assets under management (AUM) and potentially increasing its market price. The market for floating rate loans is estimated to be worth hundreds of billions of dollars, providing ample opportunity for growth. Timeline: Ongoing.
- Expansion into New Markets: Eaton Vance Floating Rate I could expand its investment universe by including floating rate loans from new geographic regions or industries. This could diversify the fund's portfolio and potentially enhance its returns. The global market for leveraged loans is constantly evolving, presenting new opportunities for investment. Timeline: Ongoing.
- Strategic Partnerships: Eaton Vance Floating Rate I could form strategic partnerships with other financial institutions or investment firms to expand its distribution network and reach new investors. This could lead to increased AUM and market share. The asset management industry is increasingly competitive, and partnerships can provide a competitive edge. Timeline: Ongoing.
- Innovation in Product Offerings: Eaton Vance Floating Rate I could develop new and innovative product offerings that cater to specific investor needs or market trends. This could attract new investors and differentiate the fund from its competitors. For example, the fund could launch a socially responsible floating rate loan fund. Timeline: Ongoing.
- Technological Advancements: Eaton Vance Floating Rate I can leverage technological advancements to improve its investment process, risk management, and operational efficiency. This could lead to better investment performance and lower costs. The use of artificial intelligence and machine learning in asset management is growing rapidly. Timeline: Ongoing.
What Threats Does EIBLX Face?
- Economic downturn could lead to increased loan defaults.
- Increased competition from other asset managers.
- Changes in regulations could impact the fund's investment strategy.
- Geopolitical risks could affect the performance of foreign loans.
What Are EIBLX's Competitive Advantages?
- Established brand name and reputation of Eaton Vance Management.
- Access to a specialized segment of the debt market.
- Experienced investment team with expertise in floating rate loans.
What Does EIBLX Do?
Eaton Vance Floating Rate I is a closed-end management investment company focused on generating income through investments in floating rate loans and debt securities. The fund directs at least 80% of its total assets into income-producing floating rate loans and other floating rate debt instruments. A significant portion of its investments are allocated to senior floating rate loans of both domestic and foreign borrowers. These loans are typically of below-investment-grade quality, often referred to as 'junk' bonds, indicating a higher risk profile but also the potential for higher returns. The fund's investment strategy is designed to capitalize on the fluctuating interest rate environment, as the floating rate nature of the loans adjusts with changes in prevailing interest rates. Eaton Vance Floating Rate I provides investors with access to a specialized segment of the debt market, offering diversification and potential income generation, albeit with an elevated level of credit risk due to the nature of the underlying assets. The fund is managed by Eaton Vance Management, a well-established investment management firm with a long history of managing fixed-income and other investment strategies. The fund's objective is to provide current income, and it seeks to achieve this by investing in a diversified portfolio of floating rate loans.
What Products and Services Does EIBLX Offer?
- Invests primarily in senior floating rate loans of domestic and foreign borrowers.
- Focuses on income-producing floating rate loans and other floating rate debt securities.
- Targets loans that are usually of below investment grade quality.
- Manages a portfolio of assets to generate current income.
- Provides investors access to a diversified portfolio of floating rate loans.
- Offers a closed-end fund structure for investing in this asset class.
How Does EIBLX Make Money?
- Generates income by investing in floating rate loans and debt securities.
- Manages a portfolio of assets on behalf of investors.
- Charges management fees based on assets under management (AUM).
What Industry Does EIBLX Operate In?
Eaton Vance Floating Rate I operates within the asset management industry, specifically focusing on fixed-income investments, particularly floating rate loans. The asset management industry is characterized by intense competition, with firms vying for assets under management (AUM) by offering a variety of investment strategies and products. The market for floating rate loans has grown significantly in recent years, driven by investor demand for income-generating assets and protection against rising interest rates. The competitive landscape includes other closed-end funds, mutual funds, and exchange-traded funds (ETFs) that invest in similar types of assets. Eaton Vance Floating Rate I differentiates itself through its specific focus on senior floating rate loans of below-investment-grade quality.
Who Are EIBLX's Key Customers?
- Individual investors seeking income from floating rate loans.
- Institutional investors looking for exposure to high-yield debt.
- Financial advisors seeking investment options for their clients.
How Eaton Vance Floating Rate I Is Valued
Eaton Vance Floating Rate I carries a market capitalization of $2.97B, placing it in the mid-cap category.
Key Financial Metrics
Return on equity for Eaton Vance Floating Rate I stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. EIBLX trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
EIBLX Financials
Bull Case vs Bear Case
Bull Case
- Experienced management team at Eaton Vance.
- Focus on floating rate loans provides a hedge against rising interest rates.
- Diversified portfolio of senior loans.
- Established track record in managing fixed-income investments.
Bear Case
- Exposure to below-investment-grade loans increases credit risk.
- Fund performance is sensitive to changes in interest rates and credit spreads.
- Closed-end fund structure can lead to price volatility.
- Lack of dividend yield may deter some investors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
EIBLX Latest News
No recent news available for EIBLX.
EIBLX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for EIBLX.
Price Targets
Wall Street price target analysis for EIBLX.
EIBLX MoonshotScore
What does this score mean?
The MoonshotScore rates EIBLX 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Common Questions About EIBLX (Financial Services)
What does Eaton Vance Floating Rate I do?
Eaton Vance Floating Rate I is a closed-end fund that invests primarily in senior floating rate loans of domestic and foreign borrowers. These loans are typically of below-investment-grade quality, offering investors exposure to higher-yielding debt instruments. The fund aims to generate current income by actively managing a diversified portfolio of these loans.
What are the main risks for EIBLX?
The primary risks for Eaton Vance Floating Rate I include credit risk, interest rate risk, and market risk. Credit risk arises from the fund's investment in below-investment-grade loans, which are more likely to default than higher-rated debt.
What are the key factors to evaluate for EIBLX?
Evaluate EIBLX on fundamentals, analyst consensus, and risk factors. Eaton Vance Floating Rate I presents an investment opportunity for those seeking income from floating rate loans, particularly senior loans of below-investment-grade quality. Not financial advice.
How frequently does EIBLX data refresh on this page?
EIBLX's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven EIBLX's recent stock price performance?
Eaton Vance Floating Rate I (EIBLX) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Experienced management team at Eaton Vance. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider EIBLX overvalued or undervalued right now?
Eaton Vance Floating Rate I (EIBLX) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research EIBLX before investing?
Before investing in Eaton Vance Floating Rate I (EIBLX), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding EIBLX to a portfolio?
Key strength of Eaton Vance Floating Rate I (EIBLX): Experienced management team at Eaton Vance. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- The information provided is based on available data and is subject to change.
- Investment decisions should be made after consulting with a qualified financial advisor.