Eaton Vance Floating-Rate Income Trust Plans Monthly Dividend of $0.09 (NYSE:EFT)

Eaton Vance Floating-Rate Income Trust (NYSE:EFTGet Free Report) declared a monthly dividend on Monday, February 2nd. Investors of record on Tuesday, February 17th will be given a dividend of 0.086 per share by the investment management company on Friday, February 27th. This represents a c) annualized dividend and a yield of 9.0%. The ex-dividend date is Tuesday, February 17th.

Eaton Vance Floating-Rate Income Trust Stock Up 0.0%

Shares of EFT stock traded up $0.01 during trading hours on Tuesday, reaching $11.41. 54,781 shares of the company traded hands, compared to its average volume of 118,201. Eaton Vance Floating-Rate Income Trust has a 12-month low of $10.44 and a 12-month high of $13.51. The firm has a 50-day moving average price of $11.40 and a 200 day moving average price of $11.70.

About Eaton Vance Floating-Rate Income Trust

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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.

Further Reading

Dividend History for Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

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