Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) Major Shareholder Of America Corp /De/ Bank Buys 1,800 Shares

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) major shareholder Of America Corp /De/ Bank bought 1,800 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The stock was bought at an average price of $12.71 per share, with a total value of $22,878.00. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Of America Corp /De/ Bank also recently made the following trade(s):

• On Thursday, October 10th, Of America Corp /De/ Bank sold 1,800 shares of Eaton Vance Senior Floating-Rate Trust stock. The shares were sold at an average price of $12.81, for a total value of $23,058.00.

Eaton Vance Senior Floating-Rate Trust Price Performance

EFR opened at $12.93 on Monday. The stock’s 50-day moving average price is $12.88 and its 200 day moving average price is $12.90. Eaton Vance Senior Floating-Rate Trust has a 12-month low of $12.32 and a 12-month high of $13.40.

Eaton Vance Senior Floating-Rate Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be given a dividend of $0.102 per share. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.22 annualized dividend and a dividend yield of 9.47%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in EFR. Wealth Enhancement Advisory Services LLC lifted its holdings in Eaton Vance Senior Floating-Rate Trust by 16.4% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 27,734 shares of the company’s stock worth $363,000 after buying an additional 3,901 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its stake in shares of Eaton Vance Senior Floating-Rate Trust by 133.0% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 23,939 shares of the company’s stock valued at $313,000 after acquiring an additional 13,664 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in Eaton Vance Senior Floating-Rate Trust by 93.7% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 526,315 shares of the company’s stock valued at $6,884,000 after purchasing an additional 254,596 shares during the period. Financial Advocates Investment Management grew its stake in Eaton Vance Senior Floating-Rate Trust by 1.3% during the 2nd quarter. Financial Advocates Investment Management now owns 96,914 shares of the company’s stock worth $1,268,000 after purchasing an additional 1,225 shares in the last quarter. Finally, Midland Wealth Advisors LLC acquired a new position in Eaton Vance Senior Floating-Rate Trust during the 2nd quarter worth $355,000.

About Eaton Vance Senior Floating-Rate Trust

Eaton Vance Senior Floating-Rate Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index.