Eaton Vance Senior Floating Rate Trust (EFR)
Competitors to Eaton Vance Senior Floating Rate Trust (EFR)
Aston Hill Floating Rate Fund
Aston Hill Floating Rate Fund (AFLT) directly competes with Eaton Vance Senior Floating Rate Trust through its focus on similar floating rate investments. However, AFLT often differentiates itself by aiming to provide superior returns through selective loan selection and active management strategies. While EFR has a strong reputation for its long-standing presence in the market, AFLT's aggressive investment approach may attract risk-tolerant investors looking for potentially higher yields.
BlackRock Floating Rate Income Strategies Fund Inc. FRA -0.98%
BlackRock Floating Rate Income Strategies Fund (FRA) competes with Eaton Vance by offering a similar focus on floating rate instruments. BlackRock's extensive resources and analytical capabilities provide it with a competitive edge in managing risks and identifying investment opportunities within the floating rate segment. Moreover, its established brand and reputation in the asset management industry enhance its appeal to institutional and retail investors over EFR.
Invesco Senior Loan ETF BKLN -1.01%
Invesco Senior Loan ETF (BKLN) competes with Eaton Vance Senior Floating Rate Trust by providing a more liquid, exchange-traded fund format that allows for easier trading for investors. While both funds focus on floating rate loans, BKLN’s passively managed structure may appeal to cost-sensitive investors seeking lower expense ratios, thus presenting a competitive advantage in terms of accessibility and cost-effectiveness compared to EFR’s actively managed strategy.
Nuveen Floating Rate Income Fund JFR -0.71%
Nuveen Floating Rate Income Fund (JFR) competes with Eaton Vance Senior Floating Rate Trust by offering a similar investment strategy focused on floating rate securities aimed at providing income with low interest rate risk. Both funds target investors seeking to enhance income through diversified holdings in senior loans. However, JFR often emphasizes a broader portfolio of credit profiles, giving it a competitive edge in risk management and potential yield diversification compared to EFR.