Eaton Vance Floating-Rate Income Trust (EFT) Position Boosted by Lido Advisors LLC

Lido Advisors LLC boosted its position in Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 55.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 34,787 shares of the investment management company’s stock after purchasing an additional 12,346 shares during the period. Lido Advisors LLC’s holdings in Eaton Vance Floating-Rate Income Trust were worth $507,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in EFT. IFP Advisors Inc raised its holdings in shares of Eaton Vance Floating-Rate Income Trust by 84.9% during the third quarter. IFP Advisors Inc now owns 7,997 shares of the investment management company’s stock valued at $117,000 after purchasing an additional 3,672 shares during the period. Doliver Capital Advisors LP raised its holdings in shares of Eaton Vance Floating-Rate Income Trust by 37.0% during the third quarter. Doliver Capital Advisors LP now owns 19,788 shares of the investment management company’s stock valued at $289,000 after purchasing an additional 5,348 shares during the period. HL Financial Services LLC raised its holdings in shares of Eaton Vance Floating-Rate Income Trust by 7.3% during the second quarter. HL Financial Services LLC now owns 80,964 shares of the investment management company’s stock valued at $1,174,000 after purchasing an additional 5,529 shares during the period. Wells Fargo & Company MN raised its holdings in shares of Eaton Vance Floating-Rate Income Trust by 5.8% during the third quarter. Wells Fargo & Company MN now owns 147,159 shares of the investment management company’s stock valued at $2,149,000 after purchasing an additional 8,110 shares during the period. Finally, Raymond James & Associates acquired a new position in shares of Eaton Vance Floating-Rate Income Trust during the second quarter valued at about $197,000.

Shares of NYSE EFT opened at $13.35 on Friday. Eaton Vance Floating-Rate Income Trust has a 1-year low of $13.34 and a 1-year high of $15.29.

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 31st. Stockholders of record on Monday, December 24th will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, December 21st. This represents a $0.84 annualized dividend and a dividend yield of 6.29%. This is a positive change from Eaton Vance Floating-Rate Income Trust’s previous monthly dividend of $0.07.

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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.

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Want to see what other hedge funds are holding EFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Eaton Vance Floating-Rate Income Trust (NYSE:EFT).

Institutional Ownership by Quarter for Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

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