International Assets Investment Management LLC Makes New $555,000 Investment in Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

International Assets Investment Management LLC acquired a new stake in Eaton Vance Floating-Rate Income Trust (NYSE:EFT) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 44,220 shares of the investment management company’s stock, valued at approximately $555,000.

Other hedge funds have also modified their holdings of the company. Raymond James & Associates raised its stake in shares of Eaton Vance Floating-Rate Income Trust by 2.5% in the fourth quarter. Raymond James & Associates now owns 744,430 shares of the investment management company’s stock valued at $9,343,000 after acquiring an additional 17,895 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake 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 valued at $1,077,000 after buying an additional 3,511 shares in the last quarter. Raymond James Financial Services Advisors Inc. acquired a new stake in Eaton Vance Floating-Rate Income Trust in the fourth quarter valued at $249,000. Virtus ETF Advisers LLC raised its stake in Eaton Vance Floating-Rate Income Trust by 86.6% in the third 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 in the last quarter. Finally, Advisors Asset Management Inc. raised its stake in Eaton Vance Floating-Rate Income Trust by 7.3% in the third quarter. Advisors Asset Management Inc. now owns 289,364 shares of the investment management company’s stock valued at $3,562,000 after buying an additional 19,748 shares in the last quarter.

Eaton Vance Floating-Rate Income Trust Stock Performance

Eaton Vance Floating-Rate Income Trust stock opened at $13.37 on Thursday. Eaton Vance Floating-Rate Income Trust has a 1-year low of $11.10 and a 1-year high of $13.50. The stock’s fifty day moving average is $13.26 and its two-hundred day moving average is $12.75.

Eaton Vance Floating-Rate Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 23rd will be paid a $0.118 dividend. This represents a $1.42 dividend on an annualized basis and a yield of 10.59%. The ex-dividend date of this dividend is Monday, April 22nd.

Eaton Vance Floating-Rate Income Trust Company 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.