Cetera Investment Advisers Has $733,000 Stock Position in Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

Cetera Investment Advisers boosted its position in Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 67.1% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 58,421 shares of the investment management company’s stock after purchasing an additional 23,462 shares during the period. Cetera Investment Advisers’ holdings in Eaton Vance Floating-Rate Income Trust were worth $733,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Readystate Asset Management LP lifted its stake in Eaton Vance Floating-Rate Income Trust by 14.6% in the 1st quarter. Readystate Asset Management LP now owns 26,245 shares of the investment management company’s stock valued at $329,000 after purchasing an additional 3,351 shares during the last quarter. Choreo LLC lifted its stake in Eaton Vance Floating-Rate Income Trust by 3.8% in the 1st quarter. Choreo LLC now owns 31,142 shares of the investment management company’s stock valued at $391,000 after purchasing an additional 1,142 shares during the last quarter. Kestra Private Wealth Services LLC bought a new stake in shares of Eaton Vance Floating-Rate Income Trust during the 1st quarter worth about $142,000. Apollon Wealth Management LLC boosted its holdings in shares of Eaton Vance Floating-Rate Income Trust by 13.7% during the 1st quarter. Apollon Wealth Management LLC now owns 151,834 shares of the investment management company’s stock worth $1,906,000 after buying an additional 18,277 shares during the period. Finally, Capital Investment Advisory Services LLC bought a new stake in shares of Eaton Vance Floating-Rate Income Trust during the 1st quarter worth about $1,000,000.

Eaton Vance Floating-Rate Income Trust Stock Down 0.1%

Shares of EFT stock opened at $12.15 on Friday. The company has a 50-day simple moving average of $12.34 and a 200 day simple moving average of $12.44. Eaton Vance Floating-Rate Income Trust has a 52 week low of $10.44 and a 52 week high of $13.61.

Eaton Vance Floating-Rate Income Trust Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be issued a dividend of $0.089 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a c) annualized dividend and a dividend yield of 8.8%.

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.