Eaton Vance Floating-Rate ETF (EVLN) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 0.12: the stock has moved about 88% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerEaton Vance Floating-Rate ETF (EVLN) trades at $48.35. Eaton Vance Floating-Rate ETF (EVLN) focuses on floating-rate credit investments, aiming to provide income. The fund's strategy involves investing primarily in floating-rate loans and debt instruments. Sector: Financials.
Price as of · Last analyzed: Mar 17, 2026Analyst Coverage for EVLN: EVLN does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
Eaton Vance Floating-Rate ETF (EVLN) Financial Services Profile
Eaton Vance Floating-Rate ETF (EVLN) is a financial services company specializing in floating-rate credit investments, including senior loans and debt obligations. With a market capitalization of $1.31 billion, EVLN offers investors exposure to the floating-rate debt market, providing a potential hedge against rising interest rates within the asset management sector.
What Is the Investment Thesis for EVLN?
Eaton Vance Floating-Rate ETF (EVLN), with a market cap of $1.31 billion and a beta of 0.12, offers a targeted investment in floating-rate credit instruments. The fund's primary value driver is its exposure to senior floating-rate loans, which can provide a hedge against rising interest rates. As interest rates increase, the yields on these loans adjust, potentially increasing the fund's income. A key growth catalyst is the continued demand for floating-rate assets in a rising interest rate environment. However, potential risks include credit risk associated with the underlying loans and the potential for decreased demand if interest rates stabilize or decline. The absence of a dividend yield may deter some income-focused investors.
Based on FMP financials and quantitative analysis
EVLN Key Highlights
Market capitalization of $1.31 billion indicates a substantial presence in the floating-rate credit market.
- Beta of 0.12 suggests lower volatility compared to the broader market, potentially appealing to risk-averse investors.
- Investment strategy focused on floating-rate credit investments provides a potential hedge against rising interest rates.
- Absence of dividend yield may be a drawback for income-focused investors.
Who Are EVLN's Competitors?
EVLN is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| BUFD FT Vest Laddered Deep Buffer ETF | $30.57 | +0.25% | $1.94B | — |
| DTD WisdomTree U.S. Total Dividend Fund | $94.30 | +0.32% | $1.59B | — |
| DUSB Dimensional - Ultrashort Fixed Income ETF | $50.55 | +0.03% | $2.13B | — |
| EEMA iShares MSCI Emerging Markets Asia ETF | $118.57 | +1.09% | $2.30B | — |
| EUSA iShares MSCI USA Equal Weighted ETF | $113.31 | +0.71% | $1.72B | — |
| BLK BlackRock, Inc. | $1066.45 | +0.64% | $165B | 51 5-pillar |
| BX Blackstone Inc. | $111.64 | -0.09% | $136B | 68 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | 0.00% | $74.8B | 56 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are EVLN's Key Strengths?
Focus on floating-rate credit investments provides a hedge against rising interest rates.
- Diversified portfolio reduces credit risk.
- ETF structure offers liquidity and transparency.
- Experienced portfolio management team.
What Are EVLN's Weaknesses?
Absence of dividend yield may deter some income-focused investors.
- Performance is subject to credit risk and interest rate movements.
- Potential for decreased demand if interest rates stabilize or decline.
- Reliance on external credit ratings for investment decisions.
What Are the Key Risks for EVLN?
Credit defaults and downgrades can negatively impact portfolio performance.
- Changes in interest rates can affect the value of floating-rate investments.
- Increased competition from other fixed-income ETFs.
- Regulatory changes can impact the fund's investment strategy.
What Are EVLN's Competitive Advantages?
- Specialized focus on floating-rate credit investments.
- Diversified portfolio of floating-rate loans and debt instruments.
- ETF structure provides liquidity and transparency.
What Does EVLN Do?
Eaton Vance Floating-Rate ETF (EVLN) is designed to provide investors with income by investing primarily in floating-rate credit instruments. The fund's strategy involves allocating at least 80% of its net assets to floating-rate credit investments, which may include senior floating-rate loans of both domestic and foreign borrowers. These investments also encompass debt tranches of collateralized loan obligations (CLOs), secured and unsecured floating-rate bonds, and various types of loans such as secured and unsecured subordinated loans, second lien loans, subordinated bridge loans, and mezzanine investments. The fund operates within the asset management industry, focusing on providing investors access to a diversified portfolio of floating-rate debt. This approach aims to offer a degree of protection against rising interest rates, as the interest rates on these investments typically adjust with changes in benchmark rates. EVLN's investment strategy is geared towards generating income while managing credit risk through diversification across different issuers and types of floating-rate instruments. The ETF's performance is influenced by factors such as credit spreads, interest rate movements, and the overall health of the credit market. As an ETF, EVLN offers investors liquidity and transparency, allowing them to easily buy and sell shares on the open market. The fund's investment decisions are guided by a team of experienced portfolio managers who conduct in-depth credit analysis and monitor market conditions to optimize the portfolio's risk-adjusted return. EVLN's focus on floating-rate credit investments makes it a potentially noteworthy option for investors seeking income and a hedge against rising interest rates in a portfolio.
What Products and Services Does EVLN Offer?
- Invests primarily in floating-rate credit instruments.
- Focuses on senior floating-rate loans of domestic and foreign borrowers.
- Includes debt tranches of collateralized loan obligations (CLOs).
- Invests in secured and unsecured floating-rate bonds.
- Allocates funds to secured and unsecured subordinated loans.
- Includes second lien loans, subordinated bridge loans, and mezzanine investments.
How Does EVLN Make Money?
- Generates income through interest payments from floating-rate credit investments.
- Manages credit risk through diversification across different issuers and types of loans.
- Offers investors liquidity and transparency through an ETF structure.
What Industry Does EVLN Operate In?
Eaton Vance Floating-Rate ETF (EVLN) operates within the asset management industry, which is characterized by intense competition and evolving market dynamics. The industry is influenced by factors such as interest rate movements, credit spreads, and regulatory changes. EVLN's focus on floating-rate credit investments positions it as a specialized player in the broader fixed-income market. Competitors such as BUFD, DTD, DUSB, EEMA, and EUSA offer alternative investment options in the fixed-income space. The demand for floating-rate assets is driven by investors seeking to mitigate interest rate risk in a rising rate environment.
Who Are EVLN's Key Customers?
- Institutional investors seeking income and a hedge against rising interest rates.
- Retail investors looking for exposure to the floating-rate debt market.
- Financial advisors seeking diversified investment options for their clients.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
MoonshotScore History
Recorded daily since 2026-08-23 · 42 snapshots
| 2026-08-23 | 44 |
| 2026-08-31 | 44 |
| 2026-09-08 | 44 |
| 2026-09-16 | 44 |
| 2026-09-24 | 44 |
| 2026-10-04 | 44 |
| 2026-10-05 | 44 |
What changed?
The score has stayed at 44.
Over the same 30 days the stock moved -1.0%.
EVLN Financials
Bull Case vs Bear Case
Bull Case
- Focus on floating-rate credit investments provides a hedge against rising interest rates.
- Diversified portfolio reduces credit risk.
- ETF structure offers liquidity and transparency.
- Experienced portfolio management team.
Bear Case
- Absence of dividend yield may deter some income-focused investors.
- Performance is subject to credit risk and interest rate movements.
- Potential for decreased demand if interest rates stabilize or decline.
- Reliance on external credit ratings for investment decisions.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
EVLN Latest News
No recent news available for EVLN.
EVLN Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for EVLN.
Price Targets
Wall Street price target analysis for EVLN.
EVLN MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for EVLN; grades run from A+ (80-100) to F (below 30).
Eaton Vance Floating-Rate ETF Financials Stock: Key Questions Answered
What do analysts say about EVLN stock?
Key valuation metrics to consider include the fund's net asset value (NAV), expense ratio, and yield. Growth considerations include the demand for floating-rate assets in a rising interest rate environment and the fund's ability to manage credit risk. Investors should monitor the fund's performance relative to its benchmark and its peers.
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
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Investment decisions should be based on individual risk tolerance and financial goals.