Eaton Vance Floating-Rate Income Trust (EFT) Sets New 52-Week Low at $14.00

Eaton Vance Floating-Rate Income Trust (NYSE:EFT) reached a new 52-week low during trading on Thursday . The stock traded as low as $14.00 and last traded at $14.01, with a volume of 2137 shares. The stock had previously closed at $14.12.

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, October 31st. Stockholders of record on Wednesday, October 24th will be paid a $0.067 dividend. The ex-dividend date is Tuesday, October 23rd. This represents a $0.80 annualized dividend and a dividend yield of 5.76%.

Several large investors have recently bought and sold shares of EFT. NEXT Financial Group Inc purchased a new stake in shares of Eaton Vance Floating-Rate Income Trust in the 1st quarter worth $152,000. Raymond James & Associates purchased a new stake in shares of Eaton Vance Floating-Rate Income Trust in the 2nd quarter worth $197,000. Janney Montgomery Scott LLC purchased a new stake in shares of Eaton Vance Floating-Rate Income Trust in the 2nd quarter worth $205,000. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Eaton Vance Floating-Rate Income Trust in the 2nd quarter worth $240,000. Finally, Lido Advisors LLC increased its stake in Eaton Vance Floating-Rate Income Trust by 55.4% in the 2nd quarter. Lido Advisors LLC now owns 22,441 shares of the investment management company’s stock worth $325,000 after buying an additional 7,996 shares in the last quarter.

Eaton Vance Floating-Rate Income Trust Company Profile (NYSE:EFT)

Eaton Vance Floating-Rate Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide a high level of current income. The Trust will, as a secondary objective, also seek preservation of capital to the extent consistent with its primary goal of high current income.

Read More: Fundamental Analysis and Individual Investors

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