Eaton Vance Floating-Rate Opportunities Fund Class I is an unlisted closed-end interval fund focused on alternative credit. Its primary objective is to generate a high level of current income by investing across a broad spectrum of floating-rate credit instruments. The strategy centers on senior secured loans and tranches of collateralized loan obligations, complemented by other specialized credit exposures curated by Eaton Vance’s leveraged credit platform. The interval fund structure, with periodic repurchase offers at net asset value, is designed to provide access to institutional-caliber, harder-to-reach credit opportunities without the typical minimums associated with private alternatives. The portfolio emphasizes low interest-rate sensitivity given its floating-rate profile, targeting sectors tied to the leveraged loan market and CLO ecosystem. The fund distributes income monthly and references the Morningstar LSTA U.S. Leveraged Loan Index for market context. By combining a flexible mandate with the discipline of an interval structure, Eaton Vance Floating-Rate Opportunities Fund Class I plays a distinct role for investors seeking diversified exposure to senior loans and CLO debt within the broader leveraged credit landscape.
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