Oxbow Advisors LLC Sells 3,500 Shares of Eaton Vance Senior Floating-Rate Trust $EFR

Oxbow Advisors LLC lowered its position in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) by 23.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,600 shares of the company’s stock after selling 3,500 shares during the period. Oxbow Advisors LLC’s holdings in Eaton Vance Senior Floating-Rate Trust were worth $141,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Elequin Capital LP grew its holdings in Eaton Vance Senior Floating-Rate Trust by 385.3% during the first quarter. Elequin Capital LP now owns 6,756 shares of the company’s stock valued at $83,000 after purchasing an additional 5,364 shares during the period. AEGON USA Investment Management LLC bought a new stake in Eaton Vance Senior Floating-Rate Trust during the second quarter valued at about $179,000. Private Advisor Group LLC grew its holdings in Eaton Vance Senior Floating-Rate Trust by 36.6% during the first quarter. Private Advisor Group LLC now owns 18,285 shares of the company’s stock valued at $224,000 after purchasing an additional 4,900 shares during the period. Wolverine Asset Management LLC bought a new stake in Eaton Vance Senior Floating-Rate Trust during the first quarter valued at about $301,000. Finally, Fiduciary Alliance LLC bought a new stake in Eaton Vance Senior Floating-Rate Trust during the second quarter valued at about $859,000.

Eaton Vance Senior Floating-Rate Trust Price Performance

NYSE:EFR opened at $11.13 on Friday. The stock has a 50-day simple moving average of $11.56 and a two-hundred day simple moving average of $11.74. Eaton Vance Senior Floating-Rate Trust has a 52-week low of $10.40 and a 52-week high of $13.38.

Eaton Vance Senior Floating-Rate Trust Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be issued a dividend of $0.085 per share. This represents a c) annualized dividend and a yield of 9.2%. The ex-dividend date of this dividend is Wednesday, October 15th.

Eaton Vance Senior Floating-Rate Trust 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.