Advisors Asset Management Inc. Has $6.19 Million Position in Eaton Vance Floating-Rate Income Trust $EFT

Advisors Asset Management Inc. lessened its stake in shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 0.8% during the first quarter, Holdings Channel reports. The fund owned 492,934 shares of the investment management company’s stock after selling 3,952 shares during the quarter. Advisors Asset Management Inc.’s holdings in Eaton Vance Floating-Rate Income Trust were worth $6,186,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of EFT. Elequin Capital LP acquired a new position in shares of Eaton Vance Floating-Rate Income Trust during the 4th quarter valued at $42,000. NBC Securities Inc. lifted its position in shares of Eaton Vance Floating-Rate Income Trust by 113,650.0% during the 1st quarter. NBC Securities Inc. now owns 4,550 shares of the investment management company’s stock valued at $57,000 after acquiring an additional 4,546 shares during the period. HFG Advisors Inc. acquired a new position in shares of Eaton Vance Floating-Rate Income Trust during the 1st quarter valued at $126,000. Kestra Private Wealth Services LLC acquired a new position in shares of Eaton Vance Floating-Rate Income Trust during the 1st quarter valued at $142,000. Finally, Focus Partners Wealth acquired a new position in shares of Eaton Vance Floating-Rate Income Trust during the 4th quarter valued at $163,000.

Eaton Vance Floating-Rate Income Trust Stock Performance

EFT opened at $12.05 on Friday. Eaton Vance Floating-Rate Income Trust has a 1-year low of $10.44 and a 1-year high of $13.61. The company’s fifty day moving average price is $12.30 and its two-hundred day moving average price is $12.31.

Eaton Vance Floating-Rate Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a dividend of $0.089 per share. The ex-dividend date is Monday, September 15th. This represents a c) annualized dividend and a dividend yield of 8.9%.

Eaton Vance Floating-Rate Income Trust Company Profile

Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It invests in fixed income securities operating across diversified sectors. The fund primarily invests in senior, secured floating rate loans.