Eaton Vance Senior Floating-Rate Trust (EFR) To Go Ex-Dividend on June 15th

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) declared a monthly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be paid a dividend of 0.066 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 7.5%. The ex-dividend date of this dividend is Monday, June 15th.

Eaton Vance Senior Floating-Rate Trust Trading Down 0.0%

Shares of EFR stock opened at $10.56 on Friday. Eaton Vance Senior Floating-Rate Trust has a 1 year low of $10.11 and a 1 year high of $12.21. The stock has a fifty day moving average of $10.50 and a two-hundred day moving average of $10.79.

Eaton Vance Senior Floating-Rate Trust Company Profile

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) is a closed-end management investment company that seeks to provide a high level of current income, with capital appreciation as a secondary objective. The trust achieves its objectives by investing predominately in senior floating-rate loans—also known as bank loans—issued by corporate borrowers. These floating-rate instruments typically carry interest rates that reset periodically, offering investors a degree of protection against rising rate environments.

The portfolio is managed by the fixed-income team at Eaton Vance Management, a subsidiary of Morgan Stanley, which employs fundamental credit research and active trading strategies to identify and manage risk.