Garner Asset Management Corp Has $947,000 Stake in Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

Garner Asset Management Corp increased its stake in Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 4.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 70,585 shares of the investment management company’s stock after purchasing an additional 3,105 shares during the quarter. Garner Asset Management Corp’s holdings in Eaton Vance Floating-Rate Income Trust were worth $947,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp bought a new position in Eaton Vance Floating-Rate Income Trust in the 4th quarter worth $31,000. Carolinas Wealth Consulting LLC increased its stake in shares of Eaton Vance Floating-Rate Income Trust by 31.0% in the fourth quarter. Carolinas Wealth Consulting LLC now owns 4,856 shares of the investment management company’s stock worth $62,000 after purchasing an additional 1,149 shares during the period. Comerica Bank increased its stake in shares of Eaton Vance Floating-Rate Income Trust by 87.4% in 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 during the period. Choreo LLC acquired a new position in shares of Eaton Vance Floating-Rate Income Trust during the 2nd quarter worth about $411,000. Finally, Commonwealth Equity Services LLC boosted its stake in Eaton Vance Floating-Rate Income Trust by 297.9% during 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 period.

Eaton Vance Floating-Rate Income Trust Trading Down 0.5 %

Shares of EFT stock opened at $12.86 on Thursday. Eaton Vance Floating-Rate Income Trust has a 12 month low of $11.46 and a 12 month high of $13.88. The stock has a 50 day moving average of $13.20 and a 200-day moving average of $13.31.

Eaton Vance Floating-Rate Income Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 20th will be given a $0.11 dividend. The ex-dividend date of this dividend is Friday, September 20th. This represents a $1.32 annualized dividend and a yield of 10.26%.

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.