Eaton Vance Floating-Rate Income Trust (EFT) Hits New 1-Year Low at $13.72

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Eaton Vance Floating-Rate Income Trust (NYSE:EFT)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $13.72 and last traded at $13.75, with a volume of 228563 shares traded. The stock had previously closed at $13.82.

The firm also recently declared a monthly dividend, which will be paid on Friday, November 30th. Investors of record on Friday, November 23rd will be issued a dividend of $0.069 per share. This represents a $0.83 dividend on an annualized basis and a yield of 5.99%. This is a boost from Eaton Vance Floating-Rate Income Trust’s previous monthly dividend of $0.07. The ex-dividend date of this dividend is Wednesday, November 21st.

Hedge funds have recently added to or reduced their stakes in the stock. IFP Advisors Inc increased its holdings in Eaton Vance Floating-Rate Income Trust by 84.9% during the 3rd quarter. IFP Advisors Inc now owns 7,997 shares of the investment management company’s stock valued at $117,000 after purchasing an additional 3,672 shares in the last quarter. Raymond James & Associates acquired a new stake in Eaton Vance Floating-Rate Income Trust during the 2nd quarter valued at $197,000. Janney Montgomery Scott LLC acquired a new stake in Eaton Vance Floating-Rate Income Trust during the 2nd quarter valued at $205,000. Raymond James Financial Services Advisors Inc. acquired a new stake in Eaton Vance Floating-Rate Income Trust during the 2nd quarter valued at $240,000. Finally, Doliver Capital Advisors LP increased its holdings in Eaton Vance Floating-Rate Income Trust by 37.0% during the 3rd quarter. Doliver Capital Advisors LP now owns 19,788 shares of the investment management company’s stock valued at $289,000 after purchasing an additional 5,348 shares in the last quarter.

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Eaton Vance Floating-Rate Income Trust Company Profile (NYSE:EFT)

There is no company description available for Eaton Vance Floating-Rate Income Trust.

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