Garner Asset Management Corp Acquires 1,096 Shares of Eaton Vance Senior Floating-Rate Trust (NYSE:EFR)

Garner Asset Management Corp grew its stake in shares of Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) by 1.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 69,398 shares of the company’s stock after buying an additional 1,096 shares during the quarter. Garner Asset Management Corp’s holdings in Eaton Vance Senior Floating-Rate Trust were worth $908,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of EFR. Avantax Advisory Services Inc. grew its position in Eaton Vance Senior Floating-Rate Trust by 28.7% during the 4th quarter. Avantax Advisory Services Inc. now owns 21,524 shares of the company’s stock worth $272,000 after acquiring an additional 4,798 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of Eaton Vance Senior Floating-Rate Trust by 84.2% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 228,099 shares of the company’s stock worth $2,888,000 after buying an additional 104,260 shares during the period. Nomura Holdings Inc. bought a new stake in Eaton Vance Senior Floating-Rate Trust in the 4th quarter worth $190,000. Edge Financial Advisors LLC bought a new stake in shares of Eaton Vance Senior Floating-Rate Trust in the 1st quarter worth approximately $138,000. Finally, J.W. Cole Advisors Inc. purchased a new position in shares of Eaton Vance Senior Floating-Rate Trust during the first quarter valued at approximately $135,000.

Eaton Vance Senior Floating-Rate Trust Stock Performance

Shares of Eaton Vance Senior Floating-Rate Trust stock opened at $12.72 on Thursday. The business has a 50 day moving average of $12.86 and a 200 day moving average of $13.02. Eaton Vance Senior Floating-Rate Trust has a 52 week low of $11.34 and a 52 week high of $13.40.

Eaton Vance Senior Floating-Rate Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 20th will be given a $0.105 dividend. The ex-dividend date of this dividend is Friday, September 20th. This represents a $1.26 annualized dividend and a dividend yield of 9.91%.

Eaton Vance Senior Floating-Rate Trust Profile

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.