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

Eaton Vance Floating-Rate Income Trust (NYSE:EFT) announced a monthly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be given a dividend of 0.067 per share by the investment management company on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend is Monday, June 15th.

Eaton Vance Floating-Rate Income Trust Trading Down 0.0%

EFT opened at $10.78 on Friday. The stock has a 50-day moving average of $10.83 and a 200-day moving average of $11.07. Eaton Vance Floating-Rate Income Trust has a 52-week low of $10.34 and a 52-week high of $12.67.

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.