AEGON USA Investment Management LLC Purchases New Holdings in Eaton Vance Senior Floating-Rate Trust $EFR

AEGON USA Investment Management LLC purchased a new stake in shares of Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 14,765 shares of the company’s stock, valued at approximately $179,000.

Several other large investors have also bought and sold shares of the company. Advisors Asset Management Inc. raised its holdings in Eaton Vance Senior Floating-Rate Trust by 11.0% in the first quarter. Advisors Asset Management Inc. now owns 497,670 shares of the company’s stock worth $6,096,000 after buying an additional 49,180 shares during the last quarter. Invesco Ltd. raised its holdings in Eaton Vance Senior Floating-Rate Trust by 2.6% in the first quarter. Invesco Ltd. now owns 422,274 shares of the company’s stock worth $5,173,000 after buying an additional 10,862 shares during the last quarter. Ethos Financial Group LLC purchased a new position in Eaton Vance Senior Floating-Rate Trust in the first quarter worth about $2,962,000. LPL Financial LLC raised its holdings in Eaton Vance Senior Floating-Rate Trust by 42.2% in the first quarter. LPL Financial LLC now owns 172,964 shares of the company’s stock worth $2,119,000 after buying an additional 51,296 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Eaton Vance Senior Floating-Rate Trust by 1.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 172,656 shares of the company’s stock worth $2,115,000 after buying an additional 1,876 shares during the last quarter.

Eaton Vance Senior Floating-Rate Trust Stock Down 0.4%

Shares of Eaton Vance Senior Floating-Rate Trust stock opened at $11.37 on Friday. Eaton Vance Senior Floating-Rate Trust has a 52-week low of $10.40 and a 52-week high of $13.38. The company has a 50-day simple moving average of $11.66 and a two-hundred day simple moving average of $11.81.

Eaton Vance Senior Floating-Rate Trust Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be issued a $0.085 dividend. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a c) annualized dividend and a yield of 9.0%.

Eaton Vance Senior Floating-Rate Trust Company Profile

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.