Advisors Asset Management Inc. Purchases 76,050 Shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

Advisors Asset Management Inc. grew its position in Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 18.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 496,886 shares of the investment management company’s stock after acquiring an additional 76,050 shares during the quarter. Advisors Asset Management Inc.’s holdings in Eaton Vance Floating-Rate Income Trust were worth $6,375,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Union Bancaire Privee UBP SA bought a new position in shares of Eaton Vance Floating-Rate Income Trust during the 4th quarter valued at approximately $108,000. Horizon Kinetics Asset Management LLC bought a new position in shares of Eaton Vance Floating-Rate Income Trust during the 3rd quarter valued at approximately $155,000. Landscape Capital Management L.L.C. bought a new position in shares of Eaton Vance Floating-Rate Income Trust during the 3rd quarter valued at approximately $178,000. Walleye Capital LLC bought a new position in shares of Eaton Vance Floating-Rate Income Trust during the 3rd quarter valued at approximately $276,000. Finally, Morse Asset Management Inc bought a new position in shares of Eaton Vance Floating-Rate Income Trust during the 3rd quarter valued at approximately $341,000.

Eaton Vance Floating-Rate Income Trust Price Performance

NYSE EFT opened at $12.65 on Wednesday. The business’s 50 day moving average price is $13.18 and its 200-day moving average price is $13.16. Eaton Vance Floating-Rate Income Trust has a fifty-two week low of $12.62 and a fifty-two week high of $13.88.

Eaton Vance Floating-Rate Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.094 per share. This represents a $1.13 annualized dividend and a dividend yield of 8.92%. The ex-dividend date of this dividend is Friday, March 14th.

Eaton Vance Floating-Rate Income Trust Company Profile

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.