Eaton Vance Floating-Rate Income Trust (NYSE:EFT – Get Free Report) declared a monthly dividend on Monday, November 2nd. Investors of record on Monday, November 16th will be given a dividend of $0.0710 per share by the investment management company on Monday, November 30th. This represents a $0.85 annualized dividend and a yield of 8.1%. The ex-dividend date of this dividend is Monday, November 16th. This is a 1.4% increase from Eaton Vance Floating-Rate Income Trust’s previous monthly dividend of $0.07.
Eaton Vance Floating-Rate Income Trust Stock Performance
Shares of EFT stock opened at $10.57 on Wednesday. The firm has a fifty day simple moving average of $10.58 and a 200-day simple moving average of $10.81. Eaton Vance Floating-Rate Income Trust has a twelve month low of $10.31 and a twelve month high of $11.67.
About Eaton Vance Floating-Rate Income Trust
Eaton Vance Floating-Rate Income Trust is a closed-end investment company listed on the New York Stock Exchange under the symbol EFT. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective.
The trust invests primarily in floating-rate loans and other floating-rate debt instruments, including senior secured loans issued by companies. These investments generally have interest rates that adjust periodically, which can help reduce sensitivity to changes in prevailing interest rates compared with fixed-rate bonds.
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