Advisors Asset Management Inc. Increases Position in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR)

Advisors Asset Management Inc. boosted its holdings in shares of Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) by 19.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 363,579 shares of the company’s stock after purchasing an additional 60,003 shares during the period. Advisors Asset Management Inc.’s holdings in Eaton Vance Senior Floating-Rate Trust were worth $4,636,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Edge Financial Advisors LLC purchased a new position in shares of Eaton Vance Senior Floating-Rate Trust in the third quarter worth approximately $142,000. Sanctuary Advisors LLC purchased a new stake in Eaton Vance Senior Floating-Rate Trust in the 2nd quarter valued at about $160,000. Private Advisor Group LLC purchased a new position in Eaton Vance Senior Floating-Rate Trust during the 3rd quarter valued at about $171,000. J.W. Cole Advisors Inc. lifted its position in shares of Eaton Vance Senior Floating-Rate Trust by 39.4% during the second quarter. J.W. Cole Advisors Inc. now owns 14,394 shares of the company’s stock valued at $188,000 after buying an additional 4,066 shares during the last quarter. Finally, Prospera Financial Services Inc raised its stake in Eaton Vance Senior Floating-Rate Trust by 8.0% in the third quarter. Prospera Financial Services Inc now owns 14,851 shares of the company’s stock valued at $189,000 after buying an additional 1,095 shares during the last quarter.

Eaton Vance Senior Floating-Rate Trust Trading Down 0.1 %

Shares of EFR stock opened at $12.90 on Friday. The business’s 50 day moving average is $12.74 and its two-hundred day moving average is $12.93. Eaton Vance Senior Floating-Rate Trust has a 12-month low of $12.07 and a 12-month high of $13.40.

Eaton Vance Senior Floating-Rate Trust Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $1.20 annualized dividend and a yield of 9.30%.

Eaton Vance Senior Floating-Rate Trust Profile

Eaton Vance Senior Floating-Rate Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index.