Relative Risk vs. Return Landscape
If you would invest 1,127 in Eaton Vance FloatingRate Advantage B on April 25, 2013 and sell it today you would earn a total of 2.00 from holding Eaton Vance FloatingRate Advantage B or generate 0.18% return on investment over 30 days. Eaton Vance FloatingRate Advantage B is currently producing 0.01% returns and takes up 0.04% volatility of returns over 30 trading days. Put another way, 0% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days. Assuming 30 trading days horizon, Eaton Vance FloatingRate Advantage B is expected to generate 18.0 times less return on investment than the market. But when comparing it to its historical volatility, the company is 14.25 times less risky than the market. It trades about 0.25 of its potential returns per unit of risk. The S&P 500 is currently generating roughly 0.32 of returns per unit of risk over similar time horizon.
Eaton Realized Returns
Eaton Annual Yield vs Year to Date Return
Eaton Vance FloatingRate Advantage B is one of the top funds in annual yield among similar funds. It is one of the top funds in year to date return among similar funds creating about 0.47 of Year to Date Return per Annual Yield. The ratio of Annual Yield to Year to Date Return for Eaton Vance FloatingRate Advantage B is roughly 2.13
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