Bard Associates Inc. Makes New $196,000 Investment in Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

Bard Associates Inc. purchased a new position in shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 15,192 shares of the investment management company’s stock, valued at approximately $196,000.

Several other large investors also recently bought and sold shares of EFT. Shaker Financial Services LLC purchased a new stake in Eaton Vance Floating-Rate Income Trust during the 3rd quarter worth about $705,000. Commonwealth Equity Services LLC increased its holdings in shares of Eaton Vance Floating-Rate Income Trust by 297.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 51,132 shares of the investment management company’s stock valued at $686,000 after acquiring an additional 38,282 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Eaton Vance Floating-Rate Income Trust by 8.2% in the 3rd quarter. Raymond James & Associates now owns 471,856 shares of the investment management company’s stock valued at $6,078,000 after acquiring an additional 35,926 shares during the last quarter. Choreo LLC purchased a new position in shares of Eaton Vance Floating-Rate Income Trust in the 2nd quarter valued at about $411,000. Finally, Wolverine Asset Management LLC purchased a new position in shares of Eaton Vance Floating-Rate Income Trust in the 3rd quarter valued at about $363,000.

Eaton Vance Floating-Rate Income Trust Trading Up 0.4 %

EFT opened at $13.24 on Friday. Eaton Vance Floating-Rate Income Trust has a one year low of $12.02 and a one year high of $13.88. The business’s 50-day simple moving average is $13.02 and its 200-day simple moving average is $13.23.

Eaton Vance Floating-Rate Income Trust Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 21st will be issued a $0.103 dividend. The ex-dividend date is Thursday, November 21st. This represents a $1.24 dividend on an annualized basis and a dividend yield of 9.34%.

Eaton Vance Floating-Rate Income Trust 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.