Eaton Vance Senior Floating-Rate Trust (EFR) Insider Acquires $50,000.40 in Stock

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) insider Craig P. Russ acquired 3,420 shares of the business’s stock in a transaction dated Thursday, June 7th. The stock was purchased at an average price of $14.62 per share, for a total transaction of $50,000.40. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Shares of NYSE:EFR traded up $0.04 during mid-day trading on Thursday, hitting $14.67. 9 shares of the company traded hands, compared to its average volume of 122,148. Eaton Vance Senior Floating-Rate Trust has a 52-week low of $14.01 and a 52-week high of $15.06.

The business also recently announced a monthly dividend, which will be paid on Friday, June 29th. Investors of record on Friday, June 22nd will be issued a dividend of $0.072 per share. The ex-dividend date of this dividend is Thursday, June 21st. This represents a $0.86 annualized dividend and a dividend yield of 5.89%.

Hedge funds have recently bought and sold shares of the business. Penserra Capital Management LLC increased its holdings in Eaton Vance Senior Floating-Rate Trust by 57.7% during the 1st quarter. Penserra Capital Management LLC now owns 10,449 shares of the company’s stock worth $154,000 after purchasing an additional 3,823 shares during the last quarter. Advisor Group Inc. increased its holdings in Eaton Vance Senior Floating-Rate Trust by 69.0% during the 4th quarter. Advisor Group Inc. now owns 11,042 shares of the company’s stock worth $160,000 after purchasing an additional 4,507 shares during the last quarter. Private Advisor Group LLC purchased a new stake in Eaton Vance Senior Floating-Rate Trust during the 1st quarter worth approximately $199,000. Dynamic Advisor Solutions LLC purchased a new stake in Eaton Vance Senior Floating-Rate Trust during the 1st quarter worth approximately $204,000. Finally, Millennium Management LLC purchased a new stake in Eaton Vance Senior Floating-Rate Trust during the 4th quarter worth approximately $222,000.

Eaton Vance Senior Floating-Rate Trust Company Profile

Eaton Vance Senior Floating-Rate Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s primary investment objective is to provide a high level of current income. The Trust may, as a secondary objective, also seek preservation of capital to the extent consistent with its primary objective.

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