325,079 Shares in Eaton Vance Floating-Rate Income Trust $EFT Purchased by Marble Harbor Investment Counsel LLC

Marble Harbor Investment Counsel LLC acquired a new position in Eaton Vance Floating-Rate Income Trust (NYSE:EFT) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 325,079 shares of the investment management company’s stock, valued at approximately $3,472,000.

Other large investors have also recently modified their holdings of the company. Choreo LLC lifted its position in Eaton Vance Floating-Rate Income Trust by 3.3% during the third quarter. Choreo LLC now owns 31,000 shares of the investment management company’s stock valued at $331,000 after acquiring an additional 1,000 shares during the last quarter. CoreCap Advisors LLC grew its holdings in Eaton Vance Floating-Rate Income Trust by 100.0% in the second quarter. CoreCap Advisors LLC now owns 2,600 shares of the investment management company’s stock worth $28,000 after purchasing an additional 1,300 shares during the last quarter. Sigma Planning Corp grew its holdings in Eaton Vance Floating-Rate Income Trust by 14.1% in the third quarter. Sigma Planning Corp now owns 11,505 shares of the investment management company’s stock worth $123,000 after purchasing an additional 1,418 shares during the last quarter. Fifth Third Bancorp grew its holdings in Eaton Vance Floating-Rate Income Trust by 12.9% in the third quarter. Fifth Third Bancorp now owns 13,781 shares of the investment management company’s stock worth $147,000 after purchasing an additional 1,577 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC grew its holdings in Eaton Vance Floating-Rate Income Trust by 12.2% in the second quarter. Dynamic Advisor Solutions LLC now owns 21,520 shares of the investment management company’s stock worth $232,000 after purchasing an additional 2,342 shares during the last quarter.

Eaton Vance Floating-Rate Income Trust Trading Down 0.8%

Shares of EFT opened at $10.56 on Friday. Eaton Vance Floating-Rate Income Trust has a 12 month low of $10.31 and a 12 month high of $11.67. The stock has a fifty day moving average price of $10.57 and a 200-day moving average price of $10.78.

Eaton Vance Floating-Rate Income Trust Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Monday, November 16th will be paid a dividend of $0.0710 per share. This is a positive change from Eaton Vance Floating-Rate Income Trust’s previous monthly dividend of $0.07. The ex-dividend date is Monday, November 16th. This represents a $0.85 annualized dividend and a yield of 8.1%.

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.