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Upturn AI SWOT - About
Eaton Vance Senior Floating Rate Closed Fund (EFR)
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Upturn Advisory Summary
04/01/2025: EFR (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 6.17% | Avg. Invested days 65 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 379.90M USD | Price to earnings Ratio 7.7 | 1Y Target Price 12.43 |
Price to earnings Ratio 7.7 | 1Y Target Price 12.43 | ||
Volume (30-day avg) 81712 | Beta 0.57 | 52 Weeks Range 11.65 - 13.29 | Updated Date 04/2/2025 |
52 Weeks Range 11.65 - 13.29 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 9.22% | Basic EPS (TTM) 1.69 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -2.18% | Operating Margin (TTM) 80.07% |
Management Effectiveness
Return on Assets (TTM) 3.78% | Return on Equity (TTM) -0.22% |
Valuation
Trailing PE 7.7 | Forward PE - | Enterprise Value 569131520 | Price to Sales(TTM) 6.27 |
Enterprise Value 569131520 | Price to Sales(TTM) 6.27 | ||
Enterprise Value to Revenue 10.87 | Enterprise Value to EBITDA - | Shares Outstanding 29201000 | Shares Floating - |
Shares Outstanding 29201000 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 22.98 |
Analyst Ratings
Rating - | Target Price 4.33 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Eaton Vance Senior Floating Rate Closed Fund
Company Overview
History and Background
Eaton Vance Senior Floating Rate Closed Fund (EFR) was established to provide investors with current income. The fund invests primarily in senior, secured floating-rate loans.
Core Business Areas
- Investment Management: Manages and invests in a portfolio of senior, secured floating-rate loans. This includes credit analysis, portfolio construction, and risk management.
Leadership and Structure
The fund is managed by Eaton Vance Management. Details of specific individuals and the organizational structure can be found in the fund's annual reports and SEC filings.
Top Products and Market Share
Key Offerings
- Senior Floating Rate Loans: EFR's primary offering is its investment portfolio of senior, secured floating-rate loans. The market share of EFR within the entire floating-rate loan investment closed-end fund universe is difficult to precisely determine, as data is aggregated and constantly shifting. Competitors include other closed-end funds and ETFs focused on similar assets. Competitors: BlackRock Floating Rate Income Trust (BGT), Invesco Senior Income Trust (VVR).
Market Dynamics
Industry Overview
The market for senior floating-rate loans is influenced by interest rate environments, credit cycles, and investor demand for income-generating assets. The industry is sensitive to changes in monetary policy and economic conditions.
Positioning
EFR positions itself as a vehicle for investors seeking current income from a portfolio of senior floating-rate loans. Competitive advantages include Eaton Vance's credit analysis expertise and established relationships within the leveraged loan market.
Total Addressable Market (TAM)
The TAM is very large, encompassing the entire market for leveraged loans. The Loan Syndications and Trading Association (LSTA) publishes market volume data. EFR is well-positioned to capture a portion of the TAM due to its established presence and expertise.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Established track record in senior loan investing
- Diversified portfolio of floating-rate loans
- Potential for income generation in rising rate environments
Weaknesses
- Sensitivity to credit risk and defaults
- Potential for NAV erosion in falling rate environments
- Leverage can amplify both gains and losses
- Closed-end fund structure can lead to trading at a discount to NAV
Opportunities
- Rising interest rate environment
- Increased demand for income-generating assets
- Expansion of the leveraged loan market
- Strategic acquisitions to enhance portfolio diversification
Threats
- Economic recession leading to increased defaults
- Increased competition from other floating-rate loan funds
- Changes in regulations impacting the leveraged loan market
- Interest rate volatility
Competitors and Market Share
Key Competitors
- BGT
- VVR
- FAI
- JFR
Competitive Landscape
EFR faces competition from other closed-end funds and ETFs investing in senior floating-rate loans. Competitive advantages include Eaton Vance's expertise and scale. Disadvantages may include fund-specific risks and leverage.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: EFR's growth is tied to the expansion of the leveraged loan market and its ability to generate income and manage credit risk.
Future Projections: Future growth depends on interest rate trends, credit spreads, and investor demand for floating-rate assets. Analyst estimates vary.
Recent Initiatives: Recent initiatives may include portfolio adjustments, new investment strategies, and efforts to manage expenses.
Summary
Eaton Vance Senior Floating Rate Closed Fund offers income through senior floating-rate loans. Its success is intertwined with the leveraged loan market's stability and interest rate movements. Strengths include experienced management; however, credit risks and rate sensitivity remain challenges. Opportunities arise from rising rates and market expansion, while recessions and competition pose threats. Its performance depends on skillful portfolio management and market dynamics.
Similar Companies
Sources and Disclaimers
Data Sources:
- SEC filings
- Fund websites
- Financial news sources
Disclaimers:
The information provided is for informational purposes only and does not constitute investment advice. Market conditions can change rapidly, and past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Eaton Vance Senior Floating Rate Closed Fund
Exchange NYSE | Headquaters Boston, MA, United States | ||
IPO Launch date 2003-11-25 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
Eaton Vance Senior Floating-Rate Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Eaton Vance Senior Floating-Rate Trust was formed on November 28, 2003 and is domiciled in the United States.
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