Insider Buying: Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) Major Shareholder Buys 1,800 Shares of Stock

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) major shareholder Of America Corp /De/ Bank acquired 1,800 shares of the company’s stock in a transaction dated Tuesday, October 15th. The shares were bought at an average cost of $12.71 per share, for a total transaction of $22,878.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Of America Corp /De/ Bank also recently made the following trade(s):

• On Thursday, October 10th, Of America Corp /De/ Bank sold 1,800 shares of Eaton Vance Senior Floating-Rate Trust stock. The shares were sold at an average price of $12.81, for a total value of $23,058.00.

Eaton Vance Senior Floating-Rate Trust Stock Up 1.0 %

EFR stock traded up $0.13 during midday trading on Friday, hitting $12.93. 71,748 shares of the stock traded hands, compared to its average volume of 86,696. The stock’s fifty day simple moving average is $12.88 and its 200-day simple moving average is $12.90. Eaton Vance Senior Floating-Rate Trust has a 1-year low of $12.32 and a 1-year high of $13.40.

Eaton Vance Senior Floating-Rate Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be issued a $0.102 dividend. This represents a $1.22 annualized dividend and a yield of 9.47%. The ex-dividend date is Monday, December 23rd.

Institutional Trading of Eaton Vance Senior Floating-Rate Trust

A number of institutional investors and hedge funds have recently modified their holdings of EFR. National Bank of Canada FI lifted its position in Eaton Vance Senior Floating-Rate Trust by 29.4% during the third quarter. National Bank of Canada FI now owns 3,519 shares of the company’s stock worth $45,000 after buying an additional 800 shares in the last quarter. Edge Financial Advisors LLC acquired a new position in Eaton Vance Senior Floating-Rate Trust in the 3rd quarter valued at about $142,000. Orion Portfolio Solutions LLC purchased a new stake in shares of Eaton Vance Senior Floating-Rate Trust in the 3rd quarter valued at approximately $154,000. Sanctuary Advisors LLC acquired a new stake in shares of Eaton Vance Senior Floating-Rate Trust during the 2nd quarter worth approximately $160,000. Finally, Private Advisor Group LLC acquired a new stake in shares of Eaton Vance Senior Floating-Rate Trust during the 3rd quarter worth approximately $171,000.

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.