Eaton Vance Floating Rate Income Closed Fund - Asset Resilience Ratio
Eaton Vance Floating Rate Income Closed Fund (EFT) has an Asset Resilience Ratio of 0.94% as of November 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Check Eaton Vance Floating Rate Income Closed PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2023)
This chart shows how Eaton Vance Floating Rate Income Closed Fund's Asset Resilience Ratio has changed over time. See how leveraged is Eaton Vance Floating Rate Income Closed 's balance sheet to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Eaton Vance Floating Rate Income Closed Fund's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see EFT market cap.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $5.35 Million | 0.94% |
| Total Liquid Assets | $5.35 Million | 0.94% |
Asset Resilience Insights
- Limited Liquidity: Eaton Vance Floating Rate Income Closed Fund maintains only 0.94% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Eaton Vance Floating Rate Income Closed Fund Industry Peers by Asset Resilience Ratio
Compare Eaton Vance Floating Rate Income Closed Fund's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
A.F.P. Provida
SN:PROVIDA |
Asset Management | 5.53% |
|
Destiny Tech100 Inc.
NYSE:DXYZ |
Asset Management | 45.51% |
|
CI Financial Corp
TO:CIX |
Asset Management | 1.81% |
|
TPG Inc
NASDAQ:TPG |
Asset Management | -0.13% |
|
Argo Investments Ltd
AU:ARG |
Asset Management | 0.46% |
|
A.F.P. Habitat
SN:HABITAT |
Asset Management | 7.59% |
|
Blackrock Multi Sector Income Closed Fund
NYSE:BIT |
Asset Management | 0.55% |
|
Magellan Financial Group Ltd
AU:MFG |
Asset Management | 15.56% |
Annual Asset Resilience Ratio for Eaton Vance Floating Rate Income Closed Fund (2016–2023)
The table below shows the annual Asset Resilience Ratio data for Eaton Vance Floating Rate Income Closed Fund.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-05-31 | 1.04% | $6.06 Million | $580.57 Million | +1.37pp |
| 2022-05-31 | -0.32% | $-2.01 Million | $620.37 Million | +0.10pp |
| 2021-05-31 | -0.43% | $-4.01 Million | $938.63 Million | -0.42pp |
| 2020-05-31 | -0.01% | $-68.46K | $810.01 Million | +0.07pp |
| 2019-05-31 | -0.08% | $-770.76K | $945.72 Million | -1.06pp |
| 2018-05-31 | 0.97% | $9.62 Million | $987.50 Million | +0.04pp |
| 2017-05-31 | 0.94% | $9.16 Million | $979.65 Million | -0.15pp |
| 2016-05-31 | 1.08% | $9.88 Million | $912.09 Million | -- |
About Eaton Vance Floating Rate Income Closed Fund
Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It invests in fixed income securities operating across diversified sectors. The fund primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/… Read more