Eaton Vance Senior Floating-Rate Fund Common Shares of Beneficial Interest (EFR)
FairStock Score: 56/100 — STEADY
Key Financials
| Current Price | $10.02 |
| Market Cap | $311M |
| P/E Ratio | 19.65 |
| ROE | 3.54% |
| Dividend Yield | 8% |
| Sector | Financial Services |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
As a Graham-style investor, I start with what this entity is: a closed-end fund holding senior secured floating-rate loans, not an operating company with a durable competitive moat. The fund is externally managed by Eaton Vance Management, and the provided FairStock data show a market cap of $310.9M with a 56/100 FairStock Score. The balance sheet shows only modest leverage, with D/E of 0.19, which I like, but the quality and profitability signals are weak: ROE is 3.54%, ROCE is 3.73%, Piotroski F-Score is 2/9, and Altman Z-Score is 1.79. Growth is not measurable here because revenue and profit growth are N/A, and the Lynch category is none because there are only 0 years of filed results, needing 3. Valuation is the interesting part. At the 2026-10-13 close of $10.24, P/B is 0.86, so the shares trade below book value. The FairStock Graham Number is $12.87, implying a 20.44% margin of safety. The 8.00% dividend yield and low beta of 0.34 may attract income investors. But P/E is 20.08, which is not cheap for a fund earning a 3.54% ROE, and the 52-week range of $10.11-$11.48 shows the price near its low. I would call this a mixed deep-value and income situation, not a high-quality compounder.
In plain English: Eaton Vance Senior Floating-Rate Fund is a closed-end fund that invests in senior secured floating-rate loans. The fund pays a high income stream, but its profitability and financial strength scores look modest, and it has a very short filing history. At $10.24, the shares trade below their accounting book value, yet the overall numbers are mixed rather than clearly cheap.
The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.
Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash
Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer