JPMorgan Chase & Co. maintained its stake in shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,711,834 shares of the investment management company’s stock at the close of the second quarter. JPMorgan Chase & Co.’s holdings in Eaton Vance Floating-Rate Income Trust were worth $25,917,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Sowell Financial Services LLC raised its position in Eaton Vance Floating-Rate Income Trust by 9.1% during the first quarter. Sowell Financial Services LLC now owns 11,567 shares of the investment management company’s stock valued at $175,000 after acquiring an additional 968 shares in the last quarter. Ameriprise Financial Inc. raised its position in Eaton Vance Floating-Rate Income Trust by 12.0% during the first quarter. Ameriprise Financial Inc. now owns 19,691 shares of the investment management company’s stock valued at $298,000 after acquiring an additional 2,116 shares in the last quarter. Stifel Financial Corp raised its position in Eaton Vance Floating-Rate Income Trust by 8.9% during the first quarter. Stifel Financial Corp now owns 74,252 shares of the investment management company’s stock valued at $1,122,000 after acquiring an additional 6,063 shares in the last quarter. United Capital Financial Advisers LLC raised its position in Eaton Vance Floating-Rate Income Trust by 12.4% during the first quarter. United Capital Financial Advisers LLC now owns 83,013 shares of the investment management company’s stock valued at $1,257,000 after acquiring an additional 9,156 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its position in Eaton Vance Floating-Rate Income Trust by 10.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 113,257 shares of the investment management company’s stock valued at $1,715,000 after acquiring an additional 10,313 shares in the last quarter.

ILLEGAL ACTIVITY NOTICE: “JPMorgan Chase & Co. Continues to Hold Stake in Eaton Vance Floating-Rate Income Trust (EFT)” was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/09/19/jpmorgan-chase-co-continues-to-hold-stake-in-eaton-vance-floating-rate-income-trust-eft.html.

Eaton Vance Floating-Rate Income Trust (NYSE EFT) opened at 14.58 on Tuesday. Eaton Vance Floating-Rate Income Trust has a 12 month low of $14.10 and a 12 month high of $15.45. The company’s 50-day moving average price is $14.81 and its 200 day moving average price is $15.07.

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 22nd will be given a dividend of $0.069 per share. The ex-dividend date is Thursday, September 21st. This represents a $0.83 dividend on an annualized basis and a yield of 5.68%.

Eaton Vance Floating-Rate Income Trust Company Profile

Eaton Vance Floating-Rate Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide a high level of current income. The Trust will, as a secondary objective, also seek preservation of capital to the extent consistent with its primary goal of high current income.

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

Receive News & Stock Ratings for Eaton Vance Floating-Rate Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Floating-Rate Income Trust and related stocks with our FREE daily email newsletter.