Wolverine Asset Management LLC Boosts Stock Holdings in Eaton Vance Senior Floating-Rate Trust $EFR

Wolverine Asset Management LLC boosted its position in shares of Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) by 41.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 245,318 shares of the company’s stock after buying an additional 72,213 shares during the period. Wolverine Asset Management LLC’s holdings in Eaton Vance Senior Floating-Rate Trust were worth $2,733,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Pathstone Holdings LLC purchased a new stake in Eaton Vance Senior Floating-Rate Trust during the 3rd quarter worth approximately $9,520,000. Advisors Asset Management Inc. increased its stake in Eaton Vance Senior Floating-Rate Trust by 8.9% during the 3rd quarter. Advisors Asset Management Inc. now owns 573,268 shares of the company’s stock worth $6,558,000 after buying an additional 46,830 shares in the last quarter. Invesco Ltd. increased its stake in Eaton Vance Senior Floating-Rate Trust by 5.2% during the 3rd quarter. Invesco Ltd. now owns 562,705 shares of the company’s stock worth $6,437,000 after buying an additional 27,908 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Eaton Vance Senior Floating-Rate Trust by 19.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 469,630 shares of the company’s stock worth $5,369,000 after buying an additional 77,247 shares in the last quarter. Finally, Polar Asset Management Partners Inc. increased its stake in Eaton Vance Senior Floating-Rate Trust by 2.2% during the 3rd quarter. Polar Asset Management Partners Inc. now owns 433,075 shares of the company’s stock worth $4,954,000 after buying an additional 9,421 shares in the last quarter.

Eaton Vance Senior Floating-Rate Trust Trading Down 0.8%

NYSE:EFR opened at $10.53 on Tuesday. The stock has a 50 day moving average of $10.51 and a two-hundred day moving average of $10.93. Eaton Vance Senior Floating-Rate Trust has a 12 month low of $10.11 and a 12 month high of $12.21.

Eaton Vance Senior Floating-Rate Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be paid a dividend of $0.067 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a c) dividend on an annualized basis and a yield of 7.6%.

About Eaton Vance Senior Floating-Rate Trust

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) is a closed-end management investment company that seeks to provide a high level of current income, with capital appreciation as a secondary objective. The trust achieves its objectives by investing predominately in senior floating-rate loans—also known as bank loans—issued by corporate borrowers. These floating-rate instruments typically carry interest rates that reset periodically, offering investors a degree of protection against rising rate environments.

The portfolio is managed by the fixed-income team at Eaton Vance Management, a subsidiary of Morgan Stanley, which employs fundamental credit research and active trading strategies to identify and manage risk.