Financial Investment Management Group Ltd Lowers stake in Eaton Vance FloatingRate Incme Plus Fund (EFF)

Eaton Vance FloatingRate Incme Plus Fund (EFF) : Financial Investment Management Group Ltd reduced its stake in Eaton Vance FloatingRate Incme Plus Fund by 0.58% during the most recent quarter end. The investment management company now holds a total of 426,174 shares of Eaton Vance FloatingRate Incme Plus Fund which is valued at $6,746,334 after selling 2,475 shares in Eaton Vance FloatingRate Incme Plus Fund , the firm said in a disclosure report filed with the SEC on Oct 17, 2016.Eaton Vance FloatingRate Incme Plus Fund makes up approximately 2.29% of Financial Investment Management Group Ltd’s portfolio.

Other Hedge Funds, Including , Advisory Services Network boosted its stake in EFF in the latest quarter, The investment management firm added 1,300 additional shares and now holds a total of 3,300 shares of Eaton Vance FloatingRate Incme Plus Fund which is valued at $51,744. Eaton Vance FloatingRate Incme Plus Fund makes up approx 0.01% of Advisory Services Network’s portfolio.

Eaton Vance Floating-Rate Income Plus Fund is a diversified closed-end management investment company. The Fund’s investment objective is total return with an emphasis on income. The Fund’s secondary objective is preservation of capital. The Fund invests primarily in below investment grade floating-rate loans. Under normal market conditions the Fund invests at least 80% of its total assets in senior loans. The Fund invests in sectors such as aerospace and defense; automotive; building and development; chemicals and plastics; cable and satellite television; containers and glass products; cosmetics/toiletries; drugs; electronics/electrical; business equipment and services; brokers dealers and investment houses; ecological services and equipment; equipment leasing; financial intermediaries; food service; oil and gas; radio and television; publishing; steel; utilities; surface transport; telecommunications and metals/mining. Eaton Vance Management is the investment adviser of the Fund.

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Eaton Vance FloatingRate Incme Plus Fund - Is it time to Sell?

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