Garner Asset Management Corp Sells 6,296 Shares of Eaton Vance Floating-Rate Income Trust $EFT

Garner Asset Management Corp cut its stake in shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 9.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 59,543 shares of the investment management company’s stock after selling 6,296 shares during the quarter. Garner Asset Management Corp’s holdings in Eaton Vance Floating-Rate Income Trust were worth $743,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Ameritas Advisory Services LLC bought a new stake in Eaton Vance Floating-Rate Income Trust in the second quarter valued at approximately $42,000. MeadowBrook Investment Advisors LLC grew its holdings in shares of Eaton Vance Floating-Rate Income Trust by 55.0% in the second quarter. MeadowBrook Investment Advisors LLC now owns 4,085 shares of the investment management company’s stock worth $51,000 after purchasing an additional 1,450 shares during the last quarter. Elequin Capital LP increased its stake in shares of Eaton Vance Floating-Rate Income Trust by 106.3% in the first quarter. Elequin Capital LP now owns 6,675 shares of the investment management company’s stock worth $84,000 after buying an additional 3,439 shares during the period. Kestra Private Wealth Services LLC purchased a new position in shares of Eaton Vance Floating-Rate Income Trust in the first quarter worth $142,000. Finally, Landscape Capital Management L.L.C. bought a new stake in Eaton Vance Floating-Rate Income Trust during the 1st quarter valued at $265,000.

Eaton Vance Floating-Rate Income Trust Price Performance

Shares of EFT opened at $11.36 on Thursday. Eaton Vance Floating-Rate Income Trust has a twelve month low of $10.44 and a twelve month high of $13.61. The firm has a fifty day simple moving average of $11.58 and a two-hundred day simple moving average of $12.01.

Eaton Vance Floating-Rate Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be issued a dividend of $0.086 per share. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%. The ex-dividend date is Friday, November 14th.

About Eaton Vance Floating-Rate Income Trust

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.