Eaton Vance Floating-Rate Income Trust (EFT)
Competitors to Eaton Vance Floating-Rate Income Trust (EFT)
BlackRock Floating Rate Income Strategy Fund FRA -0.98%
BlackRock Floating Rate Income Strategy Fund offers similar investment strategies by focusing on floating-rate securities to provide income and capitalize on rising interest rates. The fund leverages BlackRock's extensive research capabilities and global footprint, which may provide investors with better market insights and enhanced portfolio management. This competitive edge has made it a popular choice for investors seeking stability and attractive yields in fluctuating markets.
Franklin Liberty Senior Loan ETF FLBL -0.71%
Franklin Liberty Senior Loan ETF targets a similar segment by focusing on floating-rate loans, competing largely on fees and performance. The fund benefits from Franklin Templeton's vast resources and investment expertise, which allows for strong research backing. While its performance has been commendable, Eaton Vance's long-standing reputation and specialized expertise in floating-rate income might give it a competitive advantage in terms of attracting long-term investors.
Invesco Senior Loan ETF BKLN -1.01%
Invesco Senior Loan ETF competes in the same space by investing in senior loans and providing investors with floating-rate exposure. It offers a low expense ratio and easy access to a diversified portfolio, appealing to cost-conscious investors. Invesco's robust online trading platform and liquidity make it an attractive option; however, Eaton Vance's historical reputation in income-generating investments offers an edge, particularly with more risk-averse clientele.
Nuveen Floating Rate Income Fund JFR -0.71%
Nuveen Floating Rate Income Fund competes with Eaton Vance Floating-Rate Income Trust by similarly investing in floating-rate debt securities, appealing to income-focused investors. Nuveen’s strength lies in its experienced management team and strong client relationships, which may enhance investor confidence in their fund. However, the Eaton Vance brand is well-regarded for its focus on research and analytics, allowing it to offer competitive products.