Benjamin Edwards Inc. Buys Shares of 28,475 Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

Benjamin Edwards Inc. purchased a new position in Eaton Vance Floating-Rate Income Trust (NYSE:EFT) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 28,475 shares of the investment management company’s stock, valued at approximately $367,000.

Other large investors also recently modified their holdings of the company. Comerica Bank boosted its position in Eaton Vance Floating-Rate Income Trust by 87.4% during the first quarter. Comerica Bank now owns 7,139 shares of the investment management company’s stock valued at $95,000 after acquiring an additional 3,330 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its position in shares of Eaton Vance Floating-Rate Income Trust by 10.4% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 121,072 shares of the investment management company’s stock valued at $1,625,000 after purchasing an additional 11,450 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in Eaton Vance Floating-Rate Income Trust by 297.9% during the second quarter. Commonwealth Equity Services LLC now owns 51,132 shares of the investment management company’s stock worth $686,000 after purchasing an additional 38,282 shares during the period. GraniteShares Advisors LLC increased its holdings in Eaton Vance Floating-Rate Income Trust by 14.3% in the second quarter. GraniteShares Advisors LLC now owns 153,328 shares of the investment management company’s stock worth $2,058,000 after purchasing an additional 19,125 shares in the last quarter. Finally, Choreo LLC acquired a new position in Eaton Vance Floating-Rate Income Trust in the second quarter valued at approximately $411,000.

Eaton Vance Floating-Rate Income Trust Stock Performance

Eaton Vance Floating-Rate Income Trust stock opened at $13.50 on Tuesday. Eaton Vance Floating-Rate Income Trust has a 52-week low of $12.30 and a 52-week high of $13.88. The stock’s 50 day moving average price is $13.17 and its two-hundred day moving average price is $13.22.

Eaton Vance Floating-Rate Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be paid a dividend of $0.103 per share. This represents a $1.24 annualized dividend and a yield of 9.16%. The ex-dividend date is Monday, December 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.