Sandy Cove Advisors LLC Purchases 7,875 Shares of Eaton Vance Senior Floating-Rate Trust (NYSE:EFR)

Sandy Cove Advisors LLC lifted its position in shares of Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) by 43.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,949 shares of the company’s stock after purchasing an additional 7,875 shares during the period. Sandy Cove Advisors LLC’s holdings in Eaton Vance Senior Floating-Rate Trust were worth $294,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in EFR. Captrust Financial Advisors bought a new position in shares of Eaton Vance Senior Floating-Rate Trust during the second quarter valued at about $61,000. Jones Road Capital Management L.P. bought a new position in shares of Eaton Vance Senior Floating-Rate Trust during the first quarter valued at about $107,000. Baird Financial Group Inc. bought a new stake in Eaton Vance Senior Floating-Rate Trust in the fourth quarter worth about $113,000. HRT Financial LP bought a new stake in Eaton Vance Senior Floating-Rate Trust in the first quarter worth about $116,000. Finally, Blue Bell Private Wealth Management LLC bought a new stake in Eaton Vance Senior Floating-Rate Trust in the first quarter worth about $130,000.

Eaton Vance Senior Floating-Rate Trust Price Performance

Shares of EFR stock opened at $12.08 on Friday. Eaton Vance Senior Floating-Rate Trust has a 52 week low of $10.76 and a 52 week high of $12.26. The firm’s 50-day simple moving average is $12.01 and its two-hundred day simple moving average is $11.63.

Eaton Vance Senior Floating-Rate Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 22nd will be given a $0.109 dividend. This represents a $1.31 annualized dividend and a yield of 10.83%. The ex-dividend date is Thursday, September 21st.

About Eaton Vance Senior Floating-Rate Trust

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.