Eaton Vance Floating-Rate Income Trust (NYSE:EFT) announced a monthly dividend on Monday, July 1st, Zacks reports. Shareholders of record on Wednesday, July 24th will be given a dividend of 0.075 per share by the investment management company on Wednesday, July 31st. This represents a $0.90 annualized dividend and a dividend yield of 6.72%. The ex-dividend date of this dividend is Tuesday, July 23rd.
Eaton Vance Floating-Rate Income Trust has decreased its dividend by an average of 0.2% per year over the last three years.
NYSE:EFT opened at $13.39 on Monday. The firm has a 50-day moving average of $13.47. Eaton Vance Floating-Rate Income Trust has a 52-week low of $12.29 and a 52-week high of $14.86.
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.
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