Eaton Vance Floating-Rate Income Trust (NYSE:EFT) Position Increased by LPL Financial LLC

LPL Financial LLC raised its position in shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 3.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 165,572 shares of the investment management company’s stock after purchasing an additional 5,631 shares during the period. LPL Financial LLC’s holdings in Eaton Vance Floating-Rate Income Trust were worth $2,124,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. HBK Sorce Advisory LLC boosted its stake in Eaton Vance Floating-Rate Income Trust by 8.0% during the fourth quarter. HBK Sorce Advisory LLC now owns 31,450 shares of the investment management company’s stock valued at $404,000 after buying an additional 2,341 shares in the last quarter. Union Bancaire Privee UBP SA acquired a new stake in shares of Eaton Vance Floating-Rate Income Trust during the fourth quarter valued at approximately $108,000. Morse Asset Management Inc acquired a new position in Eaton Vance Floating-Rate Income Trust in the 3rd quarter worth approximately $341,000. Joel Isaacson & Co. LLC purchased a new position in Eaton Vance Floating-Rate Income Trust during the 4th quarter worth approximately $528,000. Finally, Advisors Asset Management Inc. raised its stake in 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 purchasing an additional 76,050 shares during the period.

Eaton Vance Floating-Rate Income Trust Stock Performance

EFT opened at $11.81 on Tuesday. The stock has a fifty day moving average of $12.66 and a 200-day moving average of $13.02. Eaton Vance Floating-Rate Income Trust has a 12-month low of $10.44 and a 12-month high of $13.88.

Eaton Vance Floating-Rate Income Trust Announces Dividend

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

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.