Eaton Vance Floating-Rate Income Trust (EFT) Stake Lifted by Marble Harbor Investment Counsel LLC

Marble Harbor Investment Counsel LLC lifted its position in shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 1.5% during the first quarter, HoldingsChannel.com reports. The fund owned 467,279 shares of the investment management company’s stock after acquiring an additional 7,090 shares during the quarter. Marble Harbor Investment Counsel LLC’s holdings in Eaton Vance Floating-Rate Income Trust were worth $6,163,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently modified their holdings of the company. Lindbrook Capital LLC grew its position in Eaton Vance Floating-Rate Income Trust by 245.2% during the first quarter. Lindbrook Capital LLC now owns 541,708 shares of the investment management company’s stock worth $7,145,000 after buying an additional 384,775 shares during the period. RMB Capital Management LLC acquired a new position in Eaton Vance Floating-Rate Income Trust during the fourth quarter worth about $1,749,000. Relative Value Partners Group LLC grew its position in Eaton Vance Floating-Rate Income Trust by 27.5% during the fourth quarter. Relative Value Partners Group LLC now owns 631,575 shares of the investment management company’s stock worth $8,058,000 after buying an additional 136,182 shares during the period. Next Capital Management LLC acquired a new position in Eaton Vance Floating-Rate Income Trust during the fourth quarter worth about $858,000. Finally, CWM LLC acquired a new position in Eaton Vance Floating-Rate Income Trust during the fourth quarter worth about $497,000.

Shares of NYSE EFT traded down $0.09 on Thursday, hitting $13.57. The company’s stock had a trading volume of 400 shares, compared to its average volume of 134,730. Eaton Vance Floating-Rate Income Trust has a 12-month low of $12.29 and a 12-month high of $14.97.

The firm also recently declared a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, May 24th will be issued a $0.076 dividend. This represents a $0.91 annualized dividend and a dividend yield of 6.72%. The ex-dividend date is Thursday, May 23rd.

TRADEMARK VIOLATION WARNING: “Eaton Vance Floating-Rate Income Trust (EFT) Stake Lifted by Marble Harbor Investment Counsel LLC” was reported by Baseball Daily News and is the sole property of of Baseball Daily News. If you are viewing this report on another site, it was illegally copied and republished in violation of US and international copyright and trademark legislation. The correct version of this report can be viewed at https://www.baseballdailydigest.com/news/2019/05/23/eaton-vance-floating-rate-income-trust-eft-stake-lifted-by-marble-harbor-investment-counsel-llc.html.

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.

Further Reading: What is a balanced fund?

Want to see what other hedge funds are holding EFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Eaton Vance Floating-Rate Income Trust (NYSE:EFT).

Institutional Ownership by Quarter for Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

Receive News & Ratings for Eaton Vance Floating-Rate Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Floating-Rate Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.