Eaton Vance Floating-Rate Income Trust (NYSE:EFT – Get Free Report) declared a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.066 per share by the investment management company on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Wednesday, July 15th.
Eaton Vance Floating-Rate Income Trust Price Performance
EFT opened at $10.74 on Monday. The business has a 50 day simple moving average of $10.81 and a 200-day simple moving average of $10.98. Eaton Vance Floating-Rate Income Trust has a 12 month low of $10.34 and a 12 month high of $12.67.
Eaton Vance Floating-Rate Income Trust Company Profile
Eaton Vance Floating-Rate Income Trust (NYSE: EFT) is a diversified, closed-end management investment company that seeks to provide current income with capital preservation. Originally launched in June 1988, the trust is listed on the New York Stock Exchange and offers investors access to a portfolio of floating-rate debt instruments. As a closed-end vehicle, it issues a fixed number of shares and may employ leverage to enhance income potential.
The trust’s primary investment strategy centers on senior secured floating-rate loans, often referred to as bank loans, issued by U.S.
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