NBC Securities Inc. Grows Stock Holdings in Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

NBC Securities Inc. raised its stake in shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 106.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,550 shares of the investment management company’s stock after acquiring an additional 2,350 shares during the period. NBC Securities Inc.’s holdings in Eaton Vance Floating-Rate Income Trust were worth $58,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Eaton Vance Floating-Rate Income Trust in the second quarter valued at approximately $40,000. Garner Asset Management Corp grew its position in Eaton Vance Floating-Rate Income Trust by 4.6% in the 2nd quarter. Garner Asset Management Corp now owns 70,585 shares of the investment management company’s stock valued at $947,000 after buying an additional 3,105 shares during the last quarter. Choreo LLC acquired a new position in Eaton Vance Floating-Rate Income Trust in the 2nd quarter valued at $411,000. GraniteShares Advisors LLC raised its position in Eaton Vance Floating-Rate Income Trust by 14.3% during the 2nd quarter. GraniteShares Advisors LLC now owns 153,328 shares of the investment management company’s stock worth $2,058,000 after buying an additional 19,125 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Eaton Vance Floating-Rate Income Trust by 297.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 51,132 shares of the investment management company’s stock worth $686,000 after acquiring an additional 38,282 shares during the period.

Eaton Vance Floating-Rate Income Trust Stock Down 0.3 %

Shares of NYSE:EFT opened at $13.01 on Monday. Eaton Vance Floating-Rate Income Trust has a fifty-two week low of $11.46 and a fifty-two week high of $13.88. The firm’s 50-day simple moving average is $12.99 and its 200-day simple moving average is $13.26.

Eaton Vance Floating-Rate Income Trust Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Wednesday, October 23rd will be issued a $0.109 dividend. This represents a $1.31 dividend on an annualized basis and a yield of 10.05%. The ex-dividend date of this dividend is Wednesday, October 23rd.

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.