Wolverine Asset Management LLC Takes Position in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR)

Wolverine Asset Management LLC acquired a new stake in shares of Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 24,584 shares of the company’s stock, valued at approximately $301,000.

Several other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its position in Eaton Vance Senior Floating-Rate Trust by 42.2% during the first quarter. LPL Financial LLC now owns 172,964 shares of the company’s stock valued at $2,119,000 after purchasing an additional 51,296 shares in the last quarter. Private Advisor Group LLC raised its position in Eaton Vance Senior Floating-Rate Trust by 36.6% during the first quarter. Private Advisor Group LLC now owns 18,285 shares of the company’s stock valued at $224,000 after purchasing an additional 4,900 shares in the last quarter. Verity Asset Management Inc. raised its position in Eaton Vance Senior Floating-Rate Trust by 1.6% during the first quarter. Verity Asset Management Inc. now owns 125,923 shares of the company’s stock valued at $1,543,000 after purchasing an additional 1,979 shares in the last quarter. NBC Securities Inc. raised its position in Eaton Vance Senior Floating-Rate Trust by 118,650.0% during the first quarter. NBC Securities Inc. now owns 2,375 shares of the company’s stock valued at $29,000 after purchasing an additional 2,373 shares in the last quarter. Finally, Focus Partners Wealth acquired a new position in Eaton Vance Senior Floating-Rate Trust during the fourth quarter valued at approximately $179,000.

Eaton Vance Senior Floating-Rate Trust Stock Performance

Shares of EFR opened at $11.63 on Monday. The firm has a 50 day simple moving average of $11.95 and a two-hundred day simple moving average of $12.15. Eaton Vance Senior Floating-Rate Trust has a one year low of $10.40 and a one year high of $13.38.

Eaton Vance Senior Floating-Rate Trust Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.086 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date of this dividend is Friday, August 15th.

Eaton Vance Senior Floating-Rate Trust Company Profile

Eaton Vance Senior Floating-Rate Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index.