Eaton Vance Floating-Rate Income Trust (EFT)
| Market Value | 349.52M |
| Revenue (ttm) | 57.22M |
| Net Income (ttm) | 55.32M |
| Shares Out | 26.18M |
| EPS (ttm) | 2.11 |
| PE Ratio | 6.33 |
| Forward PE | n/a |
| Dividend | $1.24 (9.26%) |
| Ex-Dividend Date | Nov 21, 2024 |
| Volume | 74,237 |
| Open | 13.32 |
| Previous Close | 13.37 |
| Day's Range | 13.15 - 13.43 |
| 52-Week Range | 12.48 - 13.88 |
| Beta | 0.58 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About EFT
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. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Eaton Vance Floating-Rate Income Trust was formed on June 29, 2004 and is domiciled in the United States. [Read more]
News
Eaton Vance Declares Early Monthly Distribution for Eaton Vance Floating-Rate Income Trust
BOSTON--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (the “Fund”) announced a distribution today as detailed below. Declaration – 12/20/2024 Ex-Date – 12/30/2024 Record – 12/30/2024 Payable...
Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 12/2/2024 Ex-Date – 12/12/2024 Record – 12/12/202...
EFT: Forward Performance Will Likely Disappoint Due To Rate Cuts
The Eaton Vance Floating-Rate Income Trust offers a 9.27% yield, but its yield is lower than similar funds, reducing its attractiveness for income-focused investors. The fund's income is pressured by ...
2 'Sleep Well At Night' CEFs Yielding 7% Or Higher
Closed-end funds offer a stable asset base and can invest in illiquid assets due to their fixed share structure. Reaves Utility Income Fund focuses on utilities, uses leverage, and has a strong histor...
EFT: Not Worth A Premium, But Not A Bad Fund
Eaton Vance Floating-Rate Income Trust generates income through debt securities with floating interest rates, offering higher yields than traditional bonds due to the inverted yield curve. The EFT clo...
EFT: A Good Floater Fund That Can Be A Hedge Against A 'No Rate Cut' Scenario
The Eaton Vance Floating-Rate Income Trust offers a high yield of 10.80%, which is higher than most investment-grade or junk bond funds. The EFT closed-end fund's portfolio consists mainly of floating...
NHS: This Fund Is Looking Very Expensive Given Current Fundamentals (Rating Downgrade)
Neuberger Berman High Yield Strategies Fund offers a very high level of income with a 13.46% current yield, higher than most other closed-end funds.
EFT: Should Work To Protect Against 2024 Market Volatility
The Eaton Vance Floating-Rate Income Trust offers a high yield of 11.15% due to short-term interest rates being higher than long-term rates. The fund's share price performance has been modest compared...
Eaton Vance Declares Early Monthly Distributions and Special Distributions for Certain Eaton Vance Closed-End Funds
BOSTON--(BUSINESS WIRE)--Eaton Vance closed-end funds (each, a “Fund” and collectively, the “Funds”) announced distributions today as detailed below. Declaration – 12/18/2023 Ex-Date – 12/27/2023 Reco...
Eaton Vance Floating-Rate Income Trust and Eaton Vance Senior Income Trust Announce Final Results of Tender Offers
BOSTON--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (NYSE: EFT) and Eaton Vance Senior Income Trust (NYSE: EVF) (each, a “Fund,” and, together, the “Funds”) each announced today the final ...
Eaton Vance Floating-Rate Income Trust and Eaton Vance Senior Income Trust Announce Preliminary Results of Tender Offers
BOSTON--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (NYSE: EFT) and Eaton Vance Senior Income Trust (NYSE: EVF) (each, a “Fund,” and, together, the “Funds”) each announced today the prelim...
EFT: Protection Against Interest Rates And A High Yield
The Eaton Vance Floating-Rate Income Trust offers a high level of current income with a yield of 11.48%. The EFT closed-end fund has performed well compared to the S&P 500 Index, delivering a 1.42% to...
Eaton Vance Floating-Rate Income Trust and Eaton Vance Senior Income Trust Announce Commencement of Tender Offers
BOSTON--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (NYSE: EFT) and Eaton Vance Senior Income Trust (NYSE: EVF) (each, a “Fund,” and, together, the “Funds”) each announced today the commen...
Eaton Vance Floating-Rate Income Trust and Eaton Vance Senior Income Trust Announce Tender Offers to Purchase up to 10% of Outstanding Common Shares
BOSTON--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (NYSE: EFT) and Eaton Vance Senior Income Trust (NYSE: EVF) (each, a “Fund,” and, together, the “Funds”) previously announced that they ...
EFT: A Good 10.86%-Yielding Income Fund For Rising Rates
The pervasive inflation in the U.S. has led to declining real wages and strained household budgets, driving people to seek extra sources of income. Eaton Vance Floating-Rate Income Trust is a closed-e...
CEF Weekly Review: (Some) CEF Net Income Turns Negative
We review CEF market valuation and performance through the second week of July and highlight recent market action. CEFs had a good week overall as NAVs gained, however, discounts remain sluggish. The ...
EFT: This Floating-Rate CEF Looks Like A Great Way To Earn An Income Today
Investors today are in desperate need of income as the rising cost of living is making everything much more expensive. Eaton Vance Floating-Rate Income Trust invests in a portfolio of floating-rate se...
EFT: This 8.04%-Yielding Debt Fund Is A Winner For Income Investors Today
Eaton Vance Floating Rate Income Trust invests in a portfolio of floating-rate securities in an effort to give its investors a high current income. Floating-rating securities have a marked advantage o...
EFR And EFT: Eaton Vance's 2 Floating-Rate CEFs
The Eaton Vance Senior Floating-Rate Trust (EFR) is the larger of the three CEFs EV has that benchmark against the S&P/LSTA Leveraged Loan Index.
Eaton Vance Management Announces Portfolio Managers of Certain Floating-Rate Loan Funds
BOSTON, March 11, 2022 /PRNewswire/ -- Eaton Vance Management ("Eaton Vance"), an indirect wholly-owned subsidiary of Morgan Stanley (NYSE: MS), announced the portfolio managers of certain floating-ra...
Eaton Vance Floating-Rate Income Trust Announces Telephonic Annual Meeting Of Shareholders On March 17, 2022
BOSTON, March 3, 2022 /PRNewswire/ -- The following notice relates to the Annual Meeting of Shareholders of Eaton Vance Floating-Rate Income Trust (NYSE: EFT): Notice That Annual Meeting Of Shareholde...
EFT - Premier Loan Fund With 19% YTD Total Returns
EFT is a closed-end fund that focuses on leveraged loans. The fund has had a phenomenal year in 2021 with EFT on track to make more than 19% in total returns.
Certain Eaton Vance Closed-End Funds Announce Preliminary Results Of Tender Offers
BOSTON, Aug. 2, 2021 /PRNewswire/ -- Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG), Eaton Vance Floating-Rate Income Trust (NYSE: EFT), Eaton Vance Senior Floating-Rate Trust (NYSE: E...
Certain Eaton Vance Closed-End Funds Commence Tender Offers
BOSTON, June 29, 2021 /PRNewswire/ -- Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG), Eaton Vance Floating-Rate Income Trust (NYSE: EFT), Eaton Vance Senior Floating-Rate Trust (NYSE: ...