Raymond James Financial Services Advisors Inc. Increases Position in Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

Raymond James Financial Services Advisors Inc. raised its position in Eaton Vance Floating-Rate Income Trust (NYSE:EFTGet Rating) by 21.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 391,250 shares of the investment management company’s stock after purchasing an additional 68,861 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Eaton Vance Floating-Rate Income Trust were worth $4,445,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Bank of America Corp DE increased its position in shares of Eaton Vance Floating-Rate Income Trust by 14.9% in the 1st quarter. Bank of America Corp DE now owns 1,543,749 shares of the investment management company’s stock valued at $20,408,000 after purchasing an additional 200,408 shares during the last quarter. Rock Creek Group LP grew its position in shares of Eaton Vance Floating-Rate Income Trust by 966.4% in the 2nd quarter. Rock Creek Group LP now owns 1,375,926 shares of the investment management company’s stock valued at $13,210,000 after buying an additional 1,246,897 shares during the last quarter. Guggenheim Capital LLC grew its position in shares of Eaton Vance Floating-Rate Income Trust by 22.2% in the 1st quarter. Guggenheim Capital LLC now owns 516,263 shares of the investment management company’s stock valued at $6,825,000 after buying an additional 93,841 shares during the last quarter. Shaker Financial Services LLC grew its position in shares of Eaton Vance Floating-Rate Income Trust by 31.3% in the 2nd quarter. Shaker Financial Services LLC now owns 166,876 shares of the investment management company’s stock valued at $1,966,000 after buying an additional 39,813 shares during the last quarter. Finally, LPL Financial LLC grew its position in shares of Eaton Vance Floating-Rate Income Trust by 4.6% in the 2nd quarter. LPL Financial LLC now owns 160,078 shares of the investment management company’s stock valued at $1,886,000 after buying an additional 6,985 shares during the last quarter.

Eaton Vance Floating-Rate Income Trust Stock Up 1.4 %

NYSE EFT opened at $11.50 on Thursday. The firm’s fifty day moving average price is $11.34 and its 200 day moving average price is $11.67. Eaton Vance Floating-Rate Income Trust has a 12 month low of $10.89 and a 12 month high of $15.46.

Eaton Vance Floating-Rate Income Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, January 13th. Investors of record on Thursday, December 29th will be given a $0.078 dividend. This represents a $0.94 dividend on an annualized basis and a dividend yield of 8.14%. The ex-dividend date is Wednesday, December 28th.

Eaton Vance Floating-Rate Income Trust Profile

(Get Rating)

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.

Further Reading

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Institutional Ownership by Quarter for Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

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