Eaton Vance VT Floating-Rate Income Fund
Data updated: 2026-08-24
C000162648 — Eaton Vance VT Floating-Rate Income Fund. Intermediate Corporate Bond · $493.44M AUM. Holdings, fees, performance and SEC filings.
C000162648 Fund Overview
Eaton Vance VT Floating-Rate Income Fund is a US mutual fund managed by Eaton Vance Variable Trust, categorised as Intermediate Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Eaton Vance Variable Trust
- Category: Intermediate Corporate Bond
- Assets under management: $493.44M
- 1-year return: 3.0%
- SEC CIK: 0001121746
- SEC series ID: S000005203
- Share class ID: C000162648
C000162648 Investment Objective and Strategy
Eaton Vance VT Floating-Rate Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Eaton Vance Variable Trust.
Investment objective
The Funds investment objective is to provide a high level of current income.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in income producing floating rate loans and other floating rate debt securities. Floating rate loans and other floating rate debt securities are debt instruments or similar obligations issued by companies or other entities that pay a floating rate of interest, which resets or adjusts periodically, based on a reference or other benchmark rate. The Fund invests primarily in senior floating rate loans of domestic and foreign borrowers (Senior Loans). Senior Loans typically are secured with specific collateral and have a claim on the assets and/or stock of the borrower that is senior to subordinated debtholders and stockholders of the borrower. Loans usually are of below investment grade quality and have below investment grade credit ratings, such ratings are associated with securities having high risk, speculative characteristics (sometimes referred to as junk).
The Fund may also invest in secured and unsecured subordinated loans, second lien loans and subordinated bridge loans (collectively, Junior Loans), other floating rate debt securities, fixed-income debt obligations and money market instruments. Other floating rate debt securities, fixed-income debt securities and money market instruments may include: bonds, notes and debentures issued by corporations; debt securities issued or guaranteed by the ?U.S. Government or one of its agencies or instrumentalities; and commercial paper. Money market instruments with a remaining maturity of less than 60 days are deemed floating rate debt securities. Senior Loans and Junior Loans are referred to together herein as loans. The Fund may invest up to 25% of its total assets in U.S. dollar denominated foreign Senior Loans.
The investment adviser seeks to maintain broad borrower and industry diversification among the Funds loans. When selecting loans, the investment adviser seeks to implement a systematic risk-weighted approach that utilizes fundamental analysis of risk/return characteristics. Loans may be sold, if in the opinion of the investment adviser, the risk-return profile deteriorates or to pursue more attractive investment opportunities. Preservation of capital is considered when consistent with the Funds investment objective. When deemed by the Adviser to be relevant to its evaluation of creditworthiness and when applicable information is available, the Adviser considers environmental, social and/or governance issues (referred to as ?ESG) which may impact the prospects of an issuer (or obligor) or financial performance of an obligation.
When considered, one or more ESG issues are taken into account alongside other factors in the investment decision-making process and are not the sole determinant of whether an investment can be made or will remain in the Funds portfolio.
C000162648 Holdings
Top 10 holdings of Eaton Vance VT Floating-Rate Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Morgan Stanley & Co. LLC | 6.55% |
| Opal Bidco Sas | 0.76% |
| UKG Inc | 0.72% |
| Allied Universal Holdco LLC | 0.67% |
| Garda World Security Corporation | 0.65% |
| Electronic Arts, Inc. | 0.63% |
| Voyager Parent LLC | 0.62% |
| TK Elevator Midco GmbH | 0.62% |
| EOC Borrower LLC | 0.60% |
| Sedgwick Claims Management Services Inc | 0.59% |
C000162648 Portfolio Allocation
Asset-class allocation of Eaton Vance VT Floating-Rate Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Loans | 87.4% |
| Cash & Equivalents | 6.5% |
| Fixed Income | 4.3% |
| Securitized | 3.1% |
| Equity | 2.4% |
C000162648 Performance
Total returns for C000162648 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.9% |
| 1 year | 3.0% |
| 3 years (annualised) | 6.5% |
| 5 years (annualised) | 4.8% |
C000162648 Risk Information
Risk metrics for C000162648, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 1.4%
C000162648 Costs and Fees
C000162648 costs about $69 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.69%
- Gross expense ratio: 0.69%
- Portfolio turnover: 53%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000162648 Cashflows
Over the 12 months to 2026-06, Eaton Vance VT Floating-Rate Income Fund had net outflows of $11.79M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $1.63M |
| 2026-05 | −$370.79K |
| 2026-04 | −$2.44M |
| 2026-03 | −$6.07M |
| 2026-02 | −$3.61M |
| 2026-01 | −$1.34M |
C000162648 Debt Constituents
Largest debt holdings of Eaton Vance VT Floating-Rate Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Altice France SA | 0.50% |
| Crc Insurance Group LLC | 0.36% |
| Ingram Micro, Inc. | 0.26% |
| Diebold Nixdorf, Inc. | 0.20% |
| Capstone Borrower, Inc. | 0.19% |
| Olympus Wtr US Hldg Corp. | 0.19% |
| Asurion Llc/asurion Co. | 0.19% |
| Ukg, Inc. | 0.16% |
| Ncr Atleos LLC | 0.15% |
| Focus Financial Partners | 0.14% |
C000162648 Prospectus and SEC Filings
Official Eaton Vance VT Floating-Rate Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-28
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-24
- Portfolio holdings (N-PORT) — filed 2026-05-29
- Portfolio holdings (N-PORT) — filed 2026-02-24
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-13
Related Funds
Other Intermediate Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.