Oxbow Advisors LLC Lowers Holdings in Eaton Vance Senior Floating-Rate Trust $EFR

Oxbow Advisors LLC reduced its position in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) by 23.2% during the second quarter, Holdings Channel.com reports. The institutional investor owned 11,600 shares of the company’s stock after selling 3,500 shares during the period. Oxbow Advisors LLC’s holdings in Eaton Vance Senior Floating-Rate Trust were worth $141,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in EFR. Ethos Financial Group LLC purchased a new stake in shares of Eaton Vance Senior Floating-Rate Trust in the first quarter worth about $2,962,000. Fiduciary Alliance LLC purchased a new stake in shares of Eaton Vance Senior Floating-Rate Trust in the second quarter worth about $859,000. LPL Financial LLC lifted its position in shares of Eaton Vance Senior Floating-Rate Trust by 42.2% in the first quarter. LPL Financial LLC now owns 172,964 shares of the company’s stock worth $2,119,000 after buying an additional 51,296 shares in the last quarter. Advisors Asset Management Inc. lifted its position in shares of Eaton Vance Senior Floating-Rate Trust by 11.0% in the first quarter. Advisors Asset Management Inc. now owns 497,670 shares of the company’s stock worth $6,096,000 after buying an additional 49,180 shares in the last quarter. Finally, Wolverine Asset Management LLC purchased a new stake in shares of Eaton Vance Senior Floating-Rate Trust in the first quarter worth about $301,000.

Eaton Vance Senior Floating-Rate Trust Trading Down 0.3%

NYSE:EFR opened at $11.13 on Friday. Eaton Vance Senior Floating-Rate Trust has a 12 month low of $10.40 and a 12 month high of $13.38. The business’s 50-day moving average is $11.56 and its 200 day moving average is $11.74.

Eaton Vance Senior Floating-Rate Trust Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Wednesday, October 15th will be given a $0.085 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date is Wednesday, October 15th.

About Eaton Vance Senior Floating-Rate Trust

Eaton Vance Senior Floating-Rate Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index.