Cohen & Steers Inc. Has $1.12 Million Holdings in Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

Cohen & Steers Inc. decreased its holdings in shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 13.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 87,240 shares of the investment management company’s stock after selling 14,000 shares during the quarter. Cohen & Steers Inc.’s holdings in Eaton Vance Floating-Rate Income Trust were worth $1,119,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in EFT. Raymond James Financial Inc. bought a new stake in shares of Eaton Vance Floating-Rate Income Trust during the 4th quarter valued at approximately $8,328,000. Wells Fargo & Company MN grew its stake in shares of Eaton Vance Floating-Rate Income Trust by 4.2% during the fourth quarter. Wells Fargo & Company MN now owns 59,771 shares of the investment management company’s stock worth $767,000 after buying an additional 2,410 shares during the last quarter. StoneX Group Inc. acquired a new position in shares of Eaton Vance Floating-Rate Income Trust during the fourth quarter worth $187,000. LPL Financial LLC lifted its stake in shares of Eaton Vance Floating-Rate Income Trust by 3.5% in the 4th quarter. LPL Financial LLC now owns 165,572 shares of the investment management company’s stock valued at $2,124,000 after acquiring an additional 5,631 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its holdings in shares of Eaton Vance Floating-Rate Income Trust by 18.1% during the 4th quarter. Advisors Asset Management Inc. now owns 496,886 shares of the investment management company’s stock valued at $6,375,000 after acquiring an additional 76,050 shares in the last quarter.

Eaton Vance Floating-Rate Income Trust Stock Performance

Shares of EFT stock opened at $11.81 on Tuesday. Eaton Vance Floating-Rate Income Trust has a twelve month low of $10.44 and a twelve month high of $13.88. The stock’s fifty day simple moving average is $12.66 and its 200 day simple moving average is $13.02.

Eaton Vance Floating-Rate Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be paid a $0.094 dividend. This represents a $1.13 annualized dividend and a dividend yield of 9.55%. The ex-dividend date is Tuesday, April 15th.

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.