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Eaton Vance Floating-Rate & Hi Inc Inst

EIFHX · NASDAQ

Market closed$7.89$0.00 (0.00%)

Key statistics

Previous close$7.89
Open$7.89
Day high$7.89
Day low$7.89
52-week high$8.19
52-week low$7.86
Market cap595.29M
Volume—
Average volume—
P/E ratio—
Forward P/E—
EPS—
Dividend yield0.00%

What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Eaton Vance Floating-Rate & High Income Institutional fund is trading flat in pre-market, holding steady at $7.89 as investors navigate a mixed backdrop for financial services. The broader financial sector XLF is hovering near its 52-week high, supported by strong Q2 earnings from major Wall Street banks and robust investment banking activity, though Morgan Stanley's Q2 miss on wealth management margins and Morningstar's cautious Q3 outlook for financial stocks — citing AI disruption fears and cracks in private credit — temper enthusiasm for income-focused fixed-income strategies.
July 15, 2026Eaton Vance Floating-Rate & Hi Income Institutional fund is trading essentially flat in pre-market, holding near its prior close as the broader financial services sector gets a lift from a strong Q2 bank earnings wave. Goldman Sachs, JPMorgan, Citigroup, and Bank of America all topped estimates on surging trading revenues and record dealmaking activity, while a softer-than-expected June CPI reading (3.5% vs. 3.8% expected) has reduced near-term Fed rate hike concerns — a mixed signal for floating-rate credit funds that benefit from elevated rate environments.

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July 14, 2026Eaton Vance Floating-Rate & High Income Fund is holding steady in pre-market, essentially unchanged at $7.89, as the broader financial services sector navigates a mixed backdrop. Major bank earnings—including JPMorgan's record Q2 profit with equity markets revenue jumping 86% and Goldman Sachs beating estimates on a trading surge—are providing a constructive tone for financials, though the XLF sector ETF is slipping 0.30% in pre-market amid geopolitical uncertainty tied to renewed U.S.-Iran tensions driving oil prices higher and weighing on broader risk sentiment.
July 9, 2026Eaton Vance Floating-Rate & High Income Fund held essentially flat amid a complex macro backdrop weighing on fixed income and financial assets broadly. Escalating U.S.-Iran military exchanges have reignited inflation fears, pushing oil prices toward $78-79/barrel and lifting Treasury yields, which creates a mixed signal for floating-rate instruments — higher rates can support coupon income, but rising credit risk and risk-off sentiment temper enthusiasm. With Q2 bank earnings season kicking off and UBS flagging 'peak banking sector optimism,' investors in income-oriented credit funds are watching closely for signs of deposit cost pressures and credit quality shifts.

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June 25, 2026Eaton Vance Floating-Rate & High Income Fund is trading essentially flat amid a mixed macro backdrop for fixed income and financial services. The fund, which invests in floating-rate loans and high-yield debt, is navigating a market shaped by a Fed holding rates at 3.50–3.75% with a hawkish bias, rising probability of further rate hikes, and lingering geopolitical uncertainty from the US-Iran conflict. While floating-rate instruments typically benefit from higher-for-longer rate environments, investor caution following a sharp tech-led selloff earlier in the week and ongoing inflation concerns have kept risk appetite measured across income-oriented asset classes.

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Pluang · June 18, 2026Eaton Vance Senior Income Trust trades at deep discount with high yield but faces risks from leverage and credit quality.Pluang · April 27, 2026Eaton Vance Floating-Rate Income Trust faces ri...PR Newswire · February 25, 2019Eaton Vance Promotes Andrew N. Sveen to Co-Director of Floating-Rate Loan Investments

Peers

S&P 500SPX · $7,457.69-1.01%American Century Short Duration Strategic Income Fund;InvASDVX · $8.980.00%Calamos Hedged Equity Income Fund Class ACAHEX · $20.24-0.54%Catalyst/CIFC Floating Rate Income Fund Class ICFRIX · $9.030.00%Guggenheim Floating Rate Strategies Fund Class AGIFAX · $23.180.00%Guggenheim Floating Rate Strategies Fund Class CGIFCX · $23.170.00%Guggenheim Floating Rate Strategies Fund Institutional ClassGIFIX · $23.200.00%Guggenheim Funds Trust - Guggenheim Floating Rate Strategies FundGIFPX · $23.190.00%PIMCO Income Strategy Fund IIPFN · $7.14-0.35%Brookfield Real Assets IncomeRA · $12.89-0.54%T. Rowe Price Global High Income BdRPIHX · $8.70-0.11%