Raymond James & Associates Reduces Stake in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR)

Raymond James & Associates reduced its position in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) by 26.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,215 shares of the company’s stock after selling 7,098 shares during the period. Raymond James & Associates’ holdings in Eaton Vance Senior Floating-Rate Trust were worth $238,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of EFR. Raymond James Financial Services Advisors Inc. increased its position in Eaton Vance Senior Floating-Rate Trust by 8.9% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 26,683 shares of the company’s stock worth $358,000 after buying an additional 2,176 shares in the last quarter. Cetera Advisor Networks LLC increased its position in Eaton Vance Senior Floating-Rate Trust by 65.0% during the first quarter. Cetera Advisor Networks LLC now owns 22,721 shares of the company’s stock worth $305,000 after buying an additional 8,948 shares in the last quarter. Private Advisor Group LLC purchased a new position in Eaton Vance Senior Floating-Rate Trust during the first quarter worth $145,000. Guggenheim Capital LLC increased its position in Eaton Vance Senior Floating-Rate Trust by 23.5% during the first quarter. Guggenheim Capital LLC now owns 570,646 shares of the company’s stock worth $7,652,000 after buying an additional 108,647 shares in the last quarter. Finally, Bank of America Corp DE increased its position in Eaton Vance Senior Floating-Rate Trust by 57.2% during the first quarter. Bank of America Corp DE now owns 718,032 shares of the company’s stock worth $9,629,000 after buying an additional 261,255 shares in the last quarter.

Eaton Vance Senior Floating-Rate Trust Price Performance

Eaton Vance Senior Floating-Rate Trust stock opened at $12.20 on Monday. The stock has a fifty day moving average of $12.00 and a two-hundred day moving average of $11.79. Eaton Vance Senior Floating-Rate Trust has a fifty-two week low of $10.78 and a fifty-two week high of $12.36.

Eaton Vance Senior Floating-Rate Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 22nd will be given a $0.118 dividend. This represents a $1.42 dividend on an annualized basis and a dividend yield of 11.61%. The ex-dividend date of this dividend is Tuesday, November 21st.

Eaton Vance Senior Floating-Rate Trust Company Profile

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.