Raymond James Financial Services Advisors Inc. Makes New $249,000 Investment in Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

Raymond James Financial Services Advisors Inc. bought a new position in Eaton Vance Floating-Rate Income Trust (NYSE:EFT) in the 4th quarter, HoldingsChannel reports. The fund bought 19,835 shares of the investment management company’s stock, valued at approximately $249,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Commonwealth Equity Services LLC acquired a new position in Eaton Vance Floating-Rate Income Trust in the third quarter worth $137,000. Virtus ETF Advisers LLC boosted its holdings in shares of Eaton Vance Floating-Rate Income Trust by 86.6% in the 3rd quarter. Virtus ETF Advisers LLC now owns 44,039 shares of the investment management company’s stock valued at $542,000 after buying an additional 20,441 shares during the period. Hennion & Walsh Asset Management Inc. grew its position in shares of Eaton Vance Floating-Rate Income Trust by 36.0% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 79,720 shares of the investment management company’s stock valued at $981,000 after buying an additional 21,090 shares during the last quarter. Koshinski Asset Management Inc. raised its stake in Eaton Vance Floating-Rate Income Trust by 4.8% during the third quarter. Koshinski Asset Management Inc. now owns 85,453 shares of the investment management company’s stock worth $1,052,000 after acquiring an additional 3,896 shares during the period. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in Eaton Vance Floating-Rate Income Trust by 4.2% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 87,518 shares of the investment management company’s stock worth $1,077,000 after acquiring an additional 3,511 shares during the last quarter.

Eaton Vance Floating-Rate Income Trust Stock Up 0.8 %

NYSE:EFT opened at $13.39 on Wednesday. The stock has a 50 day moving average of $13.26 and a 200-day moving average of $12.75. Eaton Vance Floating-Rate Income Trust has a 52 week low of $11.10 and a 52 week high of $13.50.

Eaton Vance Floating-Rate Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 23rd will be paid a dividend of $0.118 per share. The ex-dividend date of this dividend is Monday, April 22nd. This represents a $1.42 dividend on an annualized basis and a yield of 10.58%.

Eaton Vance Floating-Rate Income Trust Profile

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.