Koshinski Asset Management Inc. Has $1.16 Million Position in Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

Koshinski Asset Management Inc. lessened its holdings in Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 3.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 90,618 shares of the investment management company’s stock after selling 3,029 shares during the period. Koshinski Asset Management Inc.’s holdings in Eaton Vance Floating-Rate Income Trust were worth $1,163,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EFT. Raymond James & Associates grew its stake in shares of Eaton Vance Floating-Rate Income Trust by 8.2% in the 3rd quarter. Raymond James & Associates now owns 471,856 shares of the investment management company’s stock valued at $6,078,000 after purchasing an additional 35,926 shares during the period. Advisors Asset Management Inc. grew its position in Eaton Vance Floating-Rate Income Trust by 15.8% in the third quarter. Advisors Asset Management Inc. now owns 420,836 shares of the investment management company’s stock valued at $5,420,000 after acquiring an additional 57,478 shares during the period. Hennion & Walsh Asset Management Inc. grew its position in Eaton Vance Floating-Rate Income Trust by 3.6% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 125,374 shares of the investment management company’s stock valued at $1,615,000 after acquiring an additional 4,302 shares during the period. Shaker Financial Services LLC acquired a new position in Eaton Vance Floating-Rate Income Trust during the third quarter worth $705,000. Finally, Benjamin Edwards Inc. bought a new position in shares of Eaton Vance Floating-Rate Income Trust during the third quarter valued at $367,000.

Eaton Vance Floating-Rate Income Trust Stock Up 2.0 %

EFT opened at $13.42 on Wednesday. The firm’s 50-day simple moving average is $13.29 and its 200-day simple moving average is $13.18. Eaton Vance Floating-Rate Income Trust has a twelve month low of $12.62 and a twelve month high of $13.88.

Eaton Vance Floating-Rate Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Monday, December 30th were paid a dividend of $0.103 per share. The ex-dividend date of this dividend was Monday, December 30th. This represents a $1.24 annualized dividend and a yield of 9.21%.

Eaton Vance Floating-Rate Income Trust Company 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.