Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lowered its position in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) by 21.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,788 shares of the company’s stock after selling 5,946 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Eaton Vance Senior Floating-Rate Trust were worth $278,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. lifted its position in shares of Eaton Vance Senior Floating-Rate Trust by 5.0% during the 1st quarter. Avantax Advisory Services Inc. now owns 22,599 shares of the company’s stock worth $294,000 after purchasing an additional 1,075 shares during the last quarter. Garner Asset Management Corp lifted its holdings in Eaton Vance Senior Floating-Rate Trust by 1.6% during the 2nd quarter. Garner Asset Management Corp now owns 69,398 shares of the company’s stock worth $908,000 after buying an additional 1,096 shares during the last quarter. Oppenheimer & Co. Inc. lifted its holdings in Eaton Vance Senior Floating-Rate Trust by 5.1% during the 1st quarter. Oppenheimer & Co. Inc. now owns 23,840 shares of the company’s stock worth $311,000 after buying an additional 1,156 shares during the last quarter. Verity Asset Management Inc. boosted its position in shares of Eaton Vance Senior Floating-Rate Trust by 1.1% during the 1st quarter. Verity Asset Management Inc. now owns 109,367 shares of the company’s stock worth $1,425,000 after acquiring an additional 1,223 shares in the last quarter. Finally, Financial Advocates Investment Management increased its holdings in shares of Eaton Vance Senior Floating-Rate Trust by 1.3% in the 2nd quarter. Financial Advocates Investment Management now owns 96,914 shares of the company’s stock valued at $1,268,000 after acquiring an additional 1,225 shares during the last quarter.

Eaton Vance Senior Floating-Rate Trust Price Performance

Shares of NYSE EFR opened at $12.95 on Tuesday. The stock’s 50-day simple moving average is $12.73 and its 200-day simple moving average is $12.93. Eaton Vance Senior Floating-Rate Trust has a fifty-two week low of $12.07 and a fifty-two week high of $13.40.

Eaton Vance Senior Floating-Rate Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 21st will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, November 21st. This represents a $1.20 annualized dividend and a dividend yield of 9.27%.

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.