24,981 Shares in Eaton Vance Floating-Rate Income Trust (NYSE:EFT) Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC bought a new position in shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 24,981 shares of the investment management company’s stock, valued at approximately $322,000.

A number of other hedge funds have also recently bought and sold shares of EFT. Northwestern Mutual Wealth Management Co. acquired a new stake in Eaton Vance Floating-Rate Income Trust during the second quarter worth approximately $40,000. NBC Securities Inc. boosted its position in Eaton Vance Floating-Rate Income Trust by 106.8% during the third quarter. NBC Securities Inc. now owns 4,550 shares of the investment management company’s stock worth $58,000 after acquiring an additional 2,350 shares during the last quarter. Comerica Bank boosted its position in 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 acquiring an additional 3,330 shares during the last quarter. Private Advisor Group LLC boosted its position in Eaton Vance Floating-Rate Income Trust by 17.1% during the third quarter. Private Advisor Group LLC now owns 20,528 shares of the investment management company’s stock worth $264,000 after acquiring an additional 3,000 shares during the last quarter. Finally, Choreo LLC acquired a new stake in Eaton Vance Floating-Rate Income Trust during the second quarter worth approximately $411,000.

Eaton Vance Floating-Rate Income Trust Stock Performance

Shares of NYSE EFT opened at $13.13 on Thursday. Eaton Vance Floating-Rate Income Trust has a 1 year low of $11.94 and a 1 year high of $13.88. The firm’s 50 day moving average price is $12.99 and its 200 day moving average price is $13.24.

Eaton Vance Floating-Rate Income Trust Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be paid a dividend of $0.103 per share. This represents a $1.24 dividend on an annualized basis and a yield of 9.41%. The ex-dividend date of this dividend is Thursday, November 21st.

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.