Eaton Vance Senior Floating-Rate Trust (EFR) to Issue Monthly Dividend of $0.09 on October 31st

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) announced a monthly dividend on Wednesday, October 1st. Stockholders of record on Wednesday, October 15th will be paid a dividend of 0.085 per share on Friday, October 31st. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date of this dividend is Wednesday, October 15th.

Eaton Vance Senior Floating-Rate Trust Stock Down 0.6%

Shares of NYSE:EFR opened at $11.37 on Monday. The stock’s 50-day moving average is $11.61 and its 200-day moving average is $11.77. Eaton Vance Senior Floating-Rate Trust has a 52-week low of $10.40 and a 52-week high of $13.38.

Institutional Investors Weigh In On Eaton Vance Senior Floating-Rate Trust

Several hedge funds have recently made changes to their positions in the stock. Osaic Holdings Inc. lifted its stake in shares of Eaton Vance Senior Floating-Rate Trust by 38.1% in the second quarter. Osaic Holdings Inc. now owns 37,966 shares of the company’s stock valued at $460,000 after buying an additional 10,478 shares during the period. Raymond James Financial Inc. lifted its stake in shares of Eaton Vance Senior Floating-Rate Trust by 12.5% in the second quarter. Raymond James Financial Inc. now owns 52,793 shares of the company’s stock valued at $640,000 after buying an additional 5,847 shares during the period. Baird Financial Group Inc. bought a new stake in shares of Eaton Vance Senior Floating-Rate Trust in the second quarter valued at about $1,538,000. Invesco Ltd. lifted its stake in shares of Eaton Vance Senior Floating-Rate Trust by 26.6% in the second quarter. Invesco Ltd. now owns 534,797 shares of the company’s stock valued at $6,482,000 after buying an additional 112,523 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Eaton Vance Senior Floating-Rate Trust by 4.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 181,169 shares of the company’s stock worth $2,196,000 after purchasing an additional 8,513 shares during the period.

Eaton Vance Senior Floating-Rate Trust Company Profile

Eaton Vance Senior Floating-Rate Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index.