Raymond James Financial Services Advisors Inc. Buys 68,861 Shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFTGet Rating) by 21.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 391,250 shares of the investment management company’s stock after buying an additional 68,861 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Eaton Vance Floating-Rate Income Trust were worth $4,445,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of EFT. Koshinski Asset Management Inc. lifted its stake in shares of Eaton Vance Floating-Rate Income Trust by 9.2% during the third quarter. Koshinski Asset Management Inc. now owns 59,316 shares of the investment management company’s stock worth $674,000 after buying an additional 5,010 shares during the period. Dynamic Advisor Solutions LLC raised its position in shares of Eaton Vance Floating-Rate Income Trust by 23.2% in the third quarter. Dynamic Advisor Solutions LLC now owns 15,153 shares of the investment management company’s stock worth $172,000 after acquiring an additional 2,857 shares during the period. OTA Financial Group L.P. purchased a new stake in shares of Eaton Vance Floating-Rate Income Trust during the third quarter worth about $222,000. Cambridge Investment Research Advisors Inc. increased its stake in shares of Eaton Vance Floating-Rate Income Trust by 6.8% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 84,186 shares of the investment management company’s stock worth $956,000 after purchasing an additional 5,359 shares in the last quarter. Finally, Private Advisor Group LLC purchased a new stake in shares of Eaton Vance Floating-Rate Income Trust during the third quarter worth about $176,000.

Eaton Vance Floating-Rate Income Trust Stock Up 1.4 %

Shares of NYSE EFT opened at $11.50 on Thursday. Eaton Vance Floating-Rate Income Trust has a 12-month low of $10.89 and a 12-month high of $15.46. The company has a 50-day moving average of $11.34 and a 200 day moving average of $11.67.

Eaton Vance Floating-Rate Income Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, January 13th. Stockholders of record on Thursday, December 29th will be paid a $0.078 dividend. The ex-dividend date is Wednesday, December 28th. This represents a $0.94 annualized dividend and a dividend yield of 8.14%.

About Eaton Vance Floating-Rate Income Trust

(Get Rating)

Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It invests in fixed income securities operating across diversified sectors. The fund primarily invests in senior, secured floating rate loans.

Further Reading

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

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