Eaton Vance Senior Floating-Rate Trust Plans Monthly Dividend of $0.12 (NYSE:EFR)

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) declared a monthly dividend on Wednesday, November 1st, NASDAQ reports. Shareholders of record on Wednesday, November 22nd will be paid a dividend of 0.118 per share on Thursday, November 30th. This represents a $1.42 dividend on an annualized basis and a yield of 11.56%. The ex-dividend date of this dividend is Tuesday, November 21st.

Eaton Vance Senior Floating-Rate Trust has raised its dividend payment by an average of 1.2% annually over the last three years and has increased its dividend annually for the last 1 consecutive years.

Eaton Vance Senior Floating-Rate Trust Price Performance

Shares of NYSE EFR opened at $12.25 on Monday. The company’s fifty day moving average is $12.01 and its 200-day moving average is $11.82. Eaton Vance Senior Floating-Rate Trust has a twelve month low of $10.78 and a twelve month high of $12.47.

Hedge Funds Weigh In On Eaton Vance Senior Floating-Rate Trust

Hedge funds and other institutional investors have recently made changes to their positions in the company. Captrust Financial Advisors bought a new position in shares of Eaton Vance Senior Floating-Rate Trust during the second quarter worth $61,000. JPMorgan Chase & Co. bought a new stake in Eaton Vance Senior Floating-Rate Trust in the 2nd quarter valued at $93,000. Baird Financial Group Inc. bought a new stake in Eaton Vance Senior Floating-Rate Trust in the 4th quarter valued at $113,000. HRT Financial LP bought a new stake in Eaton Vance Senior Floating-Rate Trust in the 1st quarter valued at $116,000. Finally, Private Advisor Group LLC bought a new stake in Eaton Vance Senior Floating-Rate Trust in the 1st quarter valued at $145,000.

About Eaton Vance Senior Floating-Rate Trust

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.