AEGON USA Investment Management LLC Trims Stake in Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

AEGON USA Investment Management LLC reduced its position in Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 49.3% in the 4th quarter, Holdings Channel reports. The firm owned 38,497 shares of the investment management company’s stock after selling 37,397 shares during the period. Eaton Vance Floating-Rate Income Trust makes up 0.4% of AEGON USA Investment Management LLC’s holdings, making the stock its 21st biggest holding. AEGON USA Investment Management LLC’s holdings in Eaton Vance Floating-Rate Income Trust were worth $483,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James & Associates raised its stake in Eaton Vance Floating-Rate Income Trust by 2.5% during 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. purchased a new stake in Eaton Vance Floating-Rate Income Trust during the 4th quarter valued at approximately $249,000. Custom Index Systems LLC purchased a new stake in Eaton Vance Floating-Rate Income Trust during the 4th quarter valued at approximately $230,000. Koshinski Asset Management Inc. raised its stake in 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 valued at $1,752,000 after acquiring an additional 54,186 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its stake in 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 valued at $1,077,000 after acquiring an additional 3,511 shares during the last quarter.

Eaton Vance Floating-Rate Income Trust Stock Up 0.1 %

EFT traded up $0.01 on Monday, hitting $13.43. 100,336 shares of the company traded hands, compared to its average volume of 96,243. The company has a 50 day moving average of $13.26 and a 200-day moving average of $12.79. Eaton Vance Floating-Rate Income Trust has a 12-month low of $11.10 and a 12-month high of $13.50.

Eaton Vance Floating-Rate Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 23rd will be paid a dividend of $0.118 per share. This represents a $1.42 annualized dividend and a yield of 10.54%. The ex-dividend date is Monday, April 22nd.

Eaton Vance Floating-Rate Income Trust Profile

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.