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ETFOX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    17.291$
  • Previous Close
    17.291$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

ETFOX.US represents the Eaton Vance Floating-Rate Income Fund Class A shares. It's a mutual fund offered by Eaton Vance Management that primarily invests in floating-rate loans, also known as bank loans or leveraged loans. These loans typically have interest rates that adjust periodically based on a benchmark, such as LIBOR or SOFR, making the fund potentially less sensitive to rising interest rate environments compared to fixed-income investments. The fund aims to provide current income. As with any investment, potential investors should review the fund's prospectus for detailed information on its investment strategy, risks, and fees before investing.
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Factors

Index Performance: ETFOX mirrors the MSCI EAFE Index's performance, so the index's price movements directly impact ETFOX.

Currency Fluctuations: As ETFOX holds international stocks, currency exchange rates between the US dollar and currencies of the underlying assets influence the fund's value.

Expense Ratio: While not directly affecting the price, ETFOX's expense ratio reduces overall returns, impacting its long-term price appreciation relative to the index.

Supply and Demand: High demand for ETFOX can push its price slightly above its net asset value (NAV), while high selling pressure can lower it.

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