Eaton Vance Floating-Rate Income Trust to Issue Monthly Dividend of $0.12 (NYSE:EFT)

Eaton Vance Floating-Rate Income Trust (NYSE:EFTGet Free Report) declared a monthly dividend on Monday, April 1st, Zacks reports. Stockholders of record on Tuesday, April 23rd will be given a dividend of 0.118 per share by the investment management company on Tuesday, April 30th. This represents a $1.42 annualized dividend and a dividend yield of 10.66%. The ex-dividend date is Monday, April 22nd.

Eaton Vance Floating-Rate Income Trust has increased its dividend by an average of 20.4% per year over the last three years.

Eaton Vance Floating-Rate Income Trust Trading Down 0.2 %

EFT stock opened at $13.28 on Wednesday. Eaton Vance Floating-Rate Income Trust has a fifty-two week low of $11.10 and a fifty-two week high of $13.46. The stock has a fifty day moving average of $13.23 and a 200-day moving average of $12.64.

Institutional Trading of Eaton Vance Floating-Rate Income Trust

Institutional investors have recently added to or reduced their stakes in the stock. Susquehanna International Group LLP purchased a new stake in Eaton Vance Floating-Rate Income Trust during the 4th quarter worth about $297,000. Waverly Advisors LLC lifted its holdings in Eaton Vance Floating-Rate Income Trust by 19.0% during the 2nd quarter. Waverly Advisors LLC now owns 25,070 shares of the investment management company’s stock worth $293,000 after purchasing an additional 4,000 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in Eaton Vance Floating-Rate Income Trust during the 1st quarter worth about $218,000. CSS LLC IL purchased a new stake in Eaton Vance Floating-Rate Income Trust during the 4th quarter worth about $214,000. Finally, Bank of New York Mellon Corp purchased a new stake in Eaton Vance Floating-Rate Income Trust during the 1st quarter worth about $213,000.

Eaton Vance Floating-Rate Income Trust Company Profile

(Get Free Report)

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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Dividend History for Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

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