Eaton Vance Senior Floating-Rate Trust (EFR) to Issue Monthly Dividend of $0.07 on September 30th

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) announced a monthly dividend on Tuesday, September 1st. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.069 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date is Tuesday, September 15th.

Eaton Vance Senior Floating-Rate Trust Trading Up 0.1%

NYSE:EFR opened at $10.51 on Thursday. Eaton Vance Senior Floating-Rate Trust has a 1-year low of $10.11 and a 1-year high of $11.75. The stock has a fifty day simple moving average of $10.61 and a 200 day simple moving average of $10.56.

About Eaton Vance Senior Floating-Rate Trust

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.