Eaton Vance Floating-Rate Income Trust (EFT) To Go Ex-Dividend on September 21st

Eaton Vance Floating-Rate Income Trust (NYSE:EFT) declared a monthly dividend on Friday, September 1st, Wall Street Journal reports. Shareholders of record on Friday, September 22nd will be given a dividend of 0.116 per share by the investment management company on Friday, September 29th. This represents a $1.39 annualized dividend and a yield of 11.26%. The ex-dividend date of this dividend is Thursday, September 21st.

Eaton Vance Floating-Rate Income Trust Stock Performance

Eaton Vance Floating-Rate Income Trust stock opened at $12.36 on Tuesday. Eaton Vance Floating-Rate Income Trust has a 12-month low of $10.89 and a 12-month high of $12.51. The firm has a 50-day moving average price of $12.08 and a 200-day moving average price of $11.69.

Institutional Investors Weigh In On Eaton Vance Floating-Rate Income Trust

A number of institutional investors and hedge funds have recently modified their holdings of the business. Tower Research Capital LLC TRC purchased a new stake in shares of Eaton Vance Floating-Rate Income Trust during the first quarter valued at $27,000. US Bancorp DE bought a new position in Eaton Vance Floating-Rate Income Trust in the 2nd quarter worth about $38,000. Advisory Services Network LLC boosted its holdings in shares of Eaton Vance Floating-Rate Income Trust by 123.3% in the first quarter. Advisory Services Network LLC now owns 6,040 shares of the investment management company’s stock valued at $70,000 after purchasing an additional 3,335 shares during the period. Virtu Financial LLC purchased a new position in Eaton Vance Floating-Rate Income Trust during the 1st quarter worth $145,000. Finally, Cornerstone Wealth Management LLC bought a new stake in Eaton Vance Floating-Rate Income Trust during the 1st quarter valued at $185,000.

About Eaton Vance Floating-Rate Income Trust

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.