NBC Securities Inc. Increases Stock Holdings in Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

NBC Securities Inc. lifted its stake in shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 106.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,550 shares of the investment management company’s stock after buying an additional 2,350 shares during the quarter. NBC Securities Inc.’s holdings in Eaton Vance Floating-Rate Income Trust were worth $58,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. acquired a new stake in Eaton Vance Floating-Rate Income Trust during the 2nd quarter worth $40,000. Comerica Bank increased its position in shares of Eaton Vance Floating-Rate Income Trust by 87.4% during the first quarter. Comerica Bank now owns 7,139 shares of the investment management company’s stock worth $95,000 after purchasing an additional 3,330 shares in the last quarter. Choreo LLC acquired a new stake in shares of Eaton Vance Floating-Rate Income Trust during the second quarter worth about $411,000. Commonwealth Equity Services LLC lifted its holdings in shares of Eaton Vance Floating-Rate Income Trust by 297.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 51,132 shares of the investment management company’s stock valued at $686,000 after purchasing an additional 38,282 shares during the last quarter. Finally, Garner Asset Management Corp boosted its position in shares of Eaton Vance Floating-Rate Income Trust by 4.6% in the 2nd quarter. Garner Asset Management Corp now owns 70,585 shares of the investment management company’s stock valued at $947,000 after purchasing an additional 3,105 shares during the period.

Eaton Vance Floating-Rate Income Trust Stock Down 0.3 %

EFT opened at $13.01 on Monday. Eaton Vance Floating-Rate Income Trust has a 52 week low of $11.46 and a 52 week high of $13.88. The business’s 50 day moving average is $12.99 and its two-hundred day moving average is $13.26.

Eaton Vance Floating-Rate Income Trust Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Wednesday, October 23rd will be issued a $0.109 dividend. The ex-dividend date of this dividend is Wednesday, October 23rd. This represents a $1.31 dividend on an annualized basis and a dividend yield of 10.05%.

Eaton Vance Floating-Rate Income Trust Company Profile

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.