Eaton Vance Floating-Rate Income Trust (NYSE:EFT) Declares $0.09 Monthly Dividend

Eaton Vance Floating-Rate Income Trust (NYSE:EFT) declared a monthly dividend on Monday, February 2nd. Shareholders of record on Tuesday, February 17th will be given a dividend of 0.086 per share by the investment management company on Friday, February 27th. This represents a c) annualized dividend and a yield of 9.1%. The ex-dividend date of this dividend is Tuesday, February 17th.

Eaton Vance Floating-Rate Income Trust Stock Performance

NYSE:EFT traded down $0.01 during trading hours on Tuesday, reaching $11.39. The stock had a trading volume of 55,992 shares, compared to its average volume of 118,613. Eaton Vance Floating-Rate Income Trust has a 52 week low of $10.44 and a 52 week high of $13.51. The company has a 50 day moving average price of $11.40 and a two-hundred day moving average price of $11.70.

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.