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Eaton Vance Floating-rateome Trust (Eaton Vance Floating-rateome Trust) FCF Yield % : 21.88 (As of May. 23, 2024)


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What is Eaton Vance Floating-rateome Trust FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Eaton Vance Floating-rateome Trust's Trailing 12-Month Free Cash Flow is $77.91 Mil, and Market Cap is $356.07 Mil. Therefore, Eaton Vance Floating-rateome Trust's FCF Yield % for today is 21.88%.

The historical rank and industry rank for Eaton Vance Floating-rateome Trust's FCF Yield % or its related term are showing as below:

EFT' s FCF Yield % Range Over the Past 10 Years
Min: -4.62   Med: 10.52   Max: 90.11
Current: 21.88

During the past 6 years, the highest FCF Yield % of Eaton Vance Floating-rateome Trust was 90.11%. The lowest was -4.62%. And the median was 10.52%.

EFT's FCF Yield % is ranked better than
90.59% of 1594 companies
in the Asset Management industry
Industry Median: 3.08 vs EFT: 21.88

Eaton Vance Floating-rateome Trust's FCF Margin % for the quarter that ended in Nov. 2023 was 166.07%.

Eaton Vance Floating-rateome Trust FCF Yield % Historical Data

The historical data trend for Eaton Vance Floating-rateome Trust's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eaton Vance Floating-rateome Trust FCF Yield % Chart

Eaton Vance Floating-rateome Trust Annual Data
Trend May18 May19 May20 May21 May22 May23
FCF Yield %
Get a 7-Day Free Trial 7.02 21.83 -3.87 77.90 19.85

Eaton Vance Floating-rateome Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 132.06 -1.73 23.91 14.94 33.11

Competitive Comparison of Eaton Vance Floating-rateome Trust's FCF Yield %

For the Asset Management subindustry, Eaton Vance Floating-rateome Trust's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Eaton Vance Floating-rateome Trust's FCF Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Floating-rateome Trust's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Eaton Vance Floating-rateome Trust's FCF Yield % falls into.


Eaton Vance Floating-rateome Trust FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Eaton Vance Floating-rateome Trust's FCF Yield % for the fiscal year that ended in May. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=64.908 / 326.976096
=19.85%

Eaton Vance Floating-rateome Trust's annualized FCF Yield % for the quarter that ended in Nov. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=53.48 * 2 / 323.078476
=33.11%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Eaton Vance Floating-rateome Trust FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Eaton Vance Floating-rateome Trust FCF Yield % Related Terms

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Eaton Vance Floating-rateome Trust (Eaton Vance Floating-rateome Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance Floating-rate Income Trust (NYSE:EFT) » Definitions » FCF Yield %
Comparable Companies
GBAB MUA EFR FSD HIO EAD CHW HPI SDHY MYN BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Website
https://www.eatonvance.com
Eaton Vance Floating-rate Income Trust is a closed-end management investment company. The company's objective is to provide a high level of current income and its secondary objective is capital appreciation.
Executives
Kenneth A Topping officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Sarah Anne Choi other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Eric Stein officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Catherine Mcdermott other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109
Andrew Sveen other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109