Eaton Vance Floating-Rate Income Trust (NYSE:EFT) Shares Sold by Parsons Capital Management Inc. RI

Parsons Capital Management Inc. RI cut its holdings in Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 15.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 26,445 shares of the investment management company’s stock after selling 4,915 shares during the period. Parsons Capital Management Inc. RI’s holdings in Eaton Vance Floating-Rate Income Trust were worth $352,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Raymond James & Associates raised its holdings in Eaton Vance Floating-Rate Income Trust by 2.5% in the 4th quarter. Raymond James & Associates now owns 744,430 shares of the investment management company’s stock valued at $9,343,000 after acquiring an additional 17,895 shares during the last quarter. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Eaton Vance Floating-Rate Income Trust during the 4th quarter worth $249,000. Custom Index Systems LLC acquired a new stake in shares of Eaton Vance Floating-Rate Income Trust during the 4th quarter worth $230,000. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Eaton Vance Floating-Rate Income Trust by 4.2% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 87,518 shares of the investment management company’s stock worth $1,077,000 after buying an additional 3,511 shares during the last quarter. Finally, Koshinski Asset Management Inc. increased its holdings in shares of Eaton Vance Floating-Rate Income Trust by 63.4% during the 4th quarter. Koshinski Asset Management Inc. now owns 139,639 shares of the investment management company’s stock worth $1,752,000 after buying an additional 54,186 shares during the last quarter.

Eaton Vance Floating-Rate Income Trust Trading Down 0.1 %

Shares of EFT stock traded down $0.01 on Friday, reaching $13.42. 70,458 shares of the stock were exchanged, compared to its average volume of 96,193. The firm has a 50 day moving average of $13.26 and a two-hundred day moving average of $12.78. Eaton Vance Floating-Rate Income Trust has a 1-year low of $11.10 and a 1-year high of $13.50.

Eaton Vance Floating-Rate Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 23rd will be issued a dividend of $0.118 per share. The ex-dividend date is Monday, April 22nd. This represents a $1.42 dividend on an annualized basis and a dividend yield of 10.55%.

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.