Benjamin F. Edwards & Company Inc. Increases Holdings in Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

Benjamin F. Edwards & Company Inc. increased its stake in Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 5.5% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 29,559 shares of the investment management company’s stock after buying an additional 1,550 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Eaton Vance Floating-Rate Income Trust were worth $371,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Koshinski Asset Management Inc. raised its position in Eaton Vance Floating-Rate Income Trust by 63.4% in the fourth quarter. Koshinski Asset Management Inc. now owns 139,639 shares of the investment management company’s stock worth $1,752,000 after acquiring an additional 54,186 shares during the period. Custom Index Systems LLC bought a new stake in shares of Eaton Vance Floating-Rate Income Trust in the 4th quarter worth approximately $230,000. International Assets Investment Management LLC purchased a new position in Eaton Vance Floating-Rate Income Trust in the fourth quarter valued at approximately $555,000. Raymond James Financial Services Advisors Inc. bought a new position in Eaton Vance Floating-Rate Income Trust during the fourth quarter valued at $249,000. Finally, Raymond James & Associates increased its position in 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 worth $9,343,000 after buying an additional 17,895 shares during the last quarter.

Eaton Vance Floating-Rate Income Trust Stock Performance

Shares of EFT opened at $13.56 on Thursday. Eaton Vance Floating-Rate Income Trust has a 1 year low of $11.10 and a 1 year high of $13.62. The stock’s fifty day moving average price is $13.29 and its two-hundred day moving average price is $12.85.

Eaton Vance Floating-Rate Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 24th will be paid a $0.118 dividend. The ex-dividend date of this dividend is Thursday, May 23rd. This represents a $1.42 annualized dividend and a dividend yield of 10.44%.

About Eaton Vance Floating-Rate Income Trust

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.