Eaton Vance Floating-Rate Income Trust (EFT) : Restructuring Capital Associates Lp reduced its stake in Eaton Vance Floating-Rate Income Trust by 10.47% during the most recent quarter end. The investment management company now holds a total of 881,166 shares of Eaton Vance Floating-Rate Income Trust which is valued at $11.6 Million after selling 103,098 shares in Eaton Vance Floating-Rate Income Trust , the firm said in a disclosure report filed with the SEC on May 11, 2016.Eaton Vance Floating-Rate Income Trust makes up approximately 13.24% of Restructuring Capital Associates Lp’s portfolio.
Other Hedge Funds, Including , Great Lakes Advisors added EFT to its portfolio by purchasing 11,400 company shares during the most recent quarter which is valued at $150,252.Penserra Capital Management reduced its stake in EFT by selling 36 shares or 7.83% in the most recent quarter. The Hedge Fund company now holds 424 shares of EFT which is valued at $5,588. Loring Wolcott Coolidge Fiduciary Advisors Llpma sold out all of its stake in EFT during the most recent quarter. The investment firm sold 4,665 shares of EFT which is valued $61,438.
Eaton Vance Floating-Rate Income Trust is a diversified closed-end management investment company. The Fund’s investment objective is to provide a high level of current income. The Fund will also seek preservation of capital to the extent consistent with its primary goal of high current income. Under normal market conditions the Fund invests at least 80% of its total assets in senior loans. The Fund invests primarily in below investment grade floating-rate loans. The Fund invest in a range of sectors including healthcare electronics/electrical business equipment and services retailers (except food and drug) chemicals and plastics food products oil and gas lodging and casinos financial intermediaries and leisure goods/activities/movies. Eaton Vance Management is the investment advisor of the Fund.