Eaton Vance Floating-Rate Income Trust (EFT) To Go Ex-Dividend on March 16th

Eaton Vance Floating-Rate Income Trust (NYSE:EFT) declared a monthly dividend on Monday, March 2nd. Investors of record on Monday, March 16th will be given a dividend of 0.073 per share by the investment management company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 8.2%. The ex-dividend date of this dividend is Monday, March 16th.

Eaton Vance Floating-Rate Income Trust Stock Up 0.3%

Shares of NYSE EFT opened at $10.74 on Friday. Eaton Vance Floating-Rate Income Trust has a 12-month low of $10.44 and a 12-month high of $12.81. The company has a 50-day moving average of $11.25 and a 200 day moving average of $11.47.

Eaton Vance Floating-Rate Income Trust Company Profile

Eaton Vance Floating-Rate Income Trust (NYSE: EFT) is a diversified, closed-end management investment company that seeks to provide current income with capital preservation. Originally launched in June 1988, the trust is listed on the New York Stock Exchange and offers investors access to a portfolio of floating-rate debt instruments. As a closed-end vehicle, it issues a fixed number of shares and may employ leverage to enhance income potential.

The trust’s primary investment strategy centers on senior secured floating-rate loans, often referred to as bank loans, issued by U.S.