Trust Asset Management Exits Position in Eaton Vance Floating-Rate Income Trust (EFT)

Eaton Vance Floating-Rate Income Trust (EFT) : Trust Asset Management has sold out all of its stake in Eaton Vance Floating-Rate Income Trust during the most recent quarter, according to the disclosure filed by the company on Jul 19, 2016 with the SEC. The investment management company has sold out 59,167 shares of Eaton Vance Floating-Rate Income Trust which is valued at $804,671.

Other Hedge Funds, Including , Charter Trust Co added EFT to its portfolio by purchasing 14,825 company shares during the most recent quarter which is valued at $201,620. Eaton Vance Floating-Rate Income Trust makes up approx 0.02% of Charter Trust Co’s portfolio.Kelman-lazarov boosted its stake in EFT in the latest quarter, The investment management firm added 33,628 additional shares and now holds a total of 354,997 shares of Eaton Vance Floating-Rate Income Trust which is valued at $4,806,659. Eaton Vance Floating-Rate Income Trust makes up approx 2.71% of Kelman-lazarov’s portfolio.Creative Planning reduced its stake in EFT by selling 1,347 shares or 2.62% in the most recent quarter. The Hedge Fund company now holds 50,077 shares of EFT which is valued at $680,546.

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.

Leave a Reply

Eaton Vance Floating-Rate Income Trust - Is it time to Sell?

Top Brokerage Firms are advising their investors on Eaton Vance Floating-Rate Income Trust. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.