Raymond James Trust N.A. Buys 1,451 Shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

Posted by on Apr 27th, 2023

Raymond James Trust N.A. lifted its stake in Eaton Vance Floating-Rate Income Trust (NYSE:EFT – Get Rating) by 13.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,031 shares of the investment management company’s stock after buying an additional 1,451 shares during the quarter. Raymond James Trust N.A.’s holdings in Eaton Vance Floating-Rate Income Trust were worth $133,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. First Horizon Advisors Inc. bought a new position in shares of Eaton Vance Floating-Rate Income Trust in the third quarter worth about $31,000. AE Wealth Management LLC bought a new stake in Eaton Vance Floating-Rate Income Trust during the 3rd quarter valued at approximately $118,000. Virtu Financial LLC purchased a new position in Eaton Vance Floating-Rate Income Trust during the 1st quarter valued at approximately $145,000. Integrated Capital Management Inc. purchased a new position in Eaton Vance Floating-Rate Income Trust during the 3rd quarter valued at approximately $161,000. Finally, Dynamic Advisor Solutions LLC grew its holdings in Eaton Vance Floating-Rate Income Trust by 23.2% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 15,153 shares of the investment management company’s stock valued at $172,000 after buying an additional 2,857 shares in the last quarter.

Eaton Vance Floating-Rate Income Trust Stock Performance

NYSE EFT opened at $11.45 on Thursday. The business has a 50 day simple moving average of $11.62 and a two-hundred day simple moving average of $11.48. Eaton Vance Floating-Rate Income Trust has a 1-year low of $10.89 and a 1-year high of $13.22.

Eaton Vance Floating-Rate Income Trust Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, April 28th. Shareholders of record on Monday, April 24th will be issued a dividend of $0.111 per share. This represents a $1.33 annualized dividend and a yield of 11.63%. The ex-dividend date is Friday, April 21st. This is a boost from Eaton Vance Floating-Rate Income Trust’s previous monthly dividend of $0.11.

Eaton Vance Floating-Rate Income Trust Company Profile

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Eaton Vance Floating-Rate Income Trust operates as a non-diversified, closed-end management investment company. Its investment objective is to provide a high level of current income. The firm’s secondary objective is to seek capital appreciation to the extent consistent with its primary goal of high current income.

See Also

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

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