Eaton Vance Floating-Rate Income Trust

Eaton Vance Floating-Rate Income Trust operates as a non-diversified, closed-end management investment company. Its investment objective is to provide a high level of current income. The firm's secondary objective is to seek capital appreciation to the extent consistent with its primary goal of high current income. The company was founded on June 29, 2004 and is headquartered in Boston, MA.

BOSTON--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (the “Fund”) announced a distribution today as detailed below. Declaration – 12/20/2024 Ex-Date – 12/30/2024 Record – 12/30/2024 Payable – 1/15/2025   Fund Ticker Monthly Distribution Change From Prior Distribution Closing Market Price – 12/19/24 Distribution Rate at Market Price Eaton Vance Floating-Rate Income Trust EFT $0.1030 - $13.37 9.24% The declaration, record and payment dates of the regular January distribution has been a.

Eaton Vance Declares Early Monthly Distribution for Eaton Vance Floating-Rate Income Trust

Eaton Vance California Municipal Income Trust

Eaton Vance Senior Floating Rate Fund

Eaton Vance Municipal Bond Fund

Eaton Vance New York Municipal Bond Fund

Eaton Vance Enhanced Equity Income Fund

Eaton Vance Enhanced Equity Income Fund II

Eaton Vance National Municipal Opportunities Trust

Eaton Vance Tax-Managed Buy-Write Income Fund

Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Risk-Managed Diversified Equity Income Fund

Eaton Vance Tax Advantaged Global Dividend Opportunities Fund

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance Tax-Managed Diversified Equity Income Fund

Eaton Vance

Eaton Vance Short Duration Diversified Income Fund

Eaton Vance California Municipal Bond Fund

Eaton Vance Tax-Advantaged Dividend Income Fund

Eaton Vance Limited Duration Income Fund

Eaton Vance Tax-Managed Global Diversified Equity Income Fund

BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 12/2/2024    Ex-Date – 12/12/2024    Record – 12/12/2024    Payable – 12/19/2024 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 11/29/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.65 5.63% Eaton Vance Municipal Income Trust EVN $0.0513 - $10.79.

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

The Eaton Vance Floating-Rate Income Trust offers a 9.27% yield, but its yield is lower than similar funds, reducing its attractiveness for income-focused investors. The fund's income is pressured by declining Secured Overnight Financing Rates, likely leading to a distribution cut and disappointing future performance. The fund employs significant leverage (35.10%), making it more volatile than peers, but its net asset value has remained stable.

EFT: Forward Performance Will Likely Disappoint Due To Rate Cuts

Reaves Utility Income Fund

Closed-end funds offer a stable asset base and can invest in illiquid assets due to their fixed share structure. Reaves Utility Income Fund focuses on utilities, uses leverage, and has a strong historical return, making its 7% managed distribution sustainable. Eaton Vance Floating-Rate Income Trust invests in floating-rate senior loans, prioritizes high income, and currently covers its distribution with net investment income.

2 'Sleep Well At Night' CEFs Yielding 7% Or Higher

Eaton Vance Floating-Rate Income Trust generates income through debt securities with floating interest rates, offering higher yields than traditional bonds due to the inverted yield curve. The EFT closed-end fund boasts a 10.53% yield, slightly lower than peers, with a stable share price and focus on current income. The fund appears to be reducing its American allocation, which makes no sense following developed market central banks beginning a cutting cycle.

EFT: Not Worth A Premium, But Not A Bad Fund

The Eaton Vance Floating-Rate Income Trust offers a high yield of 10.80%, which is higher than most investment-grade or junk bond funds. The EFT closed-end fund's portfolio consists mainly of floating-rate senior loans, which have higher yields than long-dated bonds in an inverted yield curve situation. The fund's distribution has been inconsistent over the years, but this is natural since the fund's income varies with interest rates.

EFT: A Good Floater Fund That Can Be A Hedge Against A 'No Rate Cut' Scenario

Virtus Artificial Intelligence & Technology Opportunities Fund

Ares Capital

Apollo Commercial Real Estate Finance

Barings BDC Inc

BlackRock Science and Technology Trust II

Blackstone Secured Lending Fund

Doubleline Opportunistic Credit Fund

Delek Logistics Partners

PGIM Global High Yield Fund

MidCap Financial Investment Corp

Virtus AllianzGI Convertible & Income Fund II

Neuberger Berman MLP Income Fund, Inc.

Pimco High Income Fund

PennantPark Investment

Chicago Atlantic Real Estate Finance

LMP Capital and Income Fund

Western Asset Diversified Income Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

Total Annual Passive Dividend Income  $10,898.00    ALERT: Today Could Be Your Best Shot At Early Retirement (Sponsored) If you want to retire before 65, pay attention.

Want $10,500 In Passive Income, Invest $5,000 Into Each of These Dividend Stocks

Apollo Senior Floating Rate Fund

Apollo Tactical Income Fund, Inc.

Ares Dynamic Credit Allocation Fund

Nuveen Floating Rate Income Fund

SPDR Bloomberg High Yield Bond ETF

Neuberger Berman High Yield Strategies Fund Inc

Neuberger Berman High Yield Strategies Fund offers a very high level of income with a 13.46% current yield, higher than most other closed-end funds.

NHS: This Fund Is Looking Very Expensive Given Current Fundamentals (Rating Downgrade)

The Eaton Vance Floating-Rate Income Trust offers a high yield of 11.15% due to short-term interest rates being higher than long-term rates. The fund's share price performance has been modest compared to the Bloomberg U.S. Aggregate Bond Index, but its stability and high yield make it attractive. The fund's diverse portfolio and stability make it a potential hedge against volatility in the bond market, appealing to risk-averse investors.

EFT: Should Work To Protect Against 2024 Market Volatility

BOSTON--(BUSINESS WIRE)--Eaton Vance closed-end funds (each, a “Fund” and collectively, the “Funds”) announced distributions today as detailed below. Declaration – 12/18/2023 Ex-Date – 12/27/2023 Record – 12/28/2023 Payable – 1/15/2024   Fund Ticker Monthly Distribution Special Distribution Total Distribution Eaton Vance Floating-Rate Income Trust EFT $0.1180 $0.0396 $0.1576 Eaton Vance Senior Floating-Rate Trust EFR $0.1210 $0.0000 $0.1210 Eaton Vance Senior Income Trust EVF $0.0610 $0.0000 $0.

Eaton Vance Declares Early Monthly Distributions and Special Distributions for Certain Eaton Vance Closed-End Funds

Tortoise Energy Independence Fund, Inc.

Tortoise MLP Fund

Franklin Templeton Dragon Fund

abrdn Life Sciences Investors 

abrdn World Healthcare Fund 

Tortoise Power And Energy Infrastructure Fund

Tortoise Pipeline & Energy Fund

Tortoise Energy Infrastructure

22 out of 22 CEF sectors positive on price and 21 out of 22 sectors positive on NAV. Tortoise tender offering results. Eaton Vance tender offer results.

Weekly Closed-End Fund Roundup: Tortoise Tender Results (November 19, 2023)

BOSTON--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (NYSE: EFT) and Eaton Vance Senior Income Trust (NYSE: EVF) (each, a “Fund,” and, together, the “Funds”) each announced today the final results of the Fund's cash tender offer for the following amount of its outstanding common shares (each, a “Tender Offer” and, together, the “Tender Offers”). The Tender Offers expired at 5:00 P.M. Eastern Time on October 25, 2023. The final results of each Tender Offer based on a count by Equiniti.

Eaton Vance Floating-Rate Income Trust and Eaton Vance Senior Income Trust Announce Final Results of Tender Offers

BOSTON--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (NYSE: EFT) and Eaton Vance Senior Income Trust (NYSE: EVF) (each, a “Fund,” and, together, the “Funds”) each announced today the preliminary results of the Fund's cash tender offer for up to 10% of its outstanding common shares that expired at 5:00 p.m. Eastern Time on October 25, 2023 (each, a “Tender Offer” and, together, the “Tender Offers”). The table below shows the preliminary results for each Fund: Fund Common Shares Offere.

Eaton Vance Floating-Rate Income Trust and Eaton Vance Senior Income Trust Announce Preliminary Results of Tender Offers

The Eaton Vance Floating-Rate Income Trust offers a high level of current income with a yield of 11.48%. The EFT closed-end fund has performed well compared to the S&P 500 Index, delivering a 1.42% total return over the past two months. The EFT fund primarily invests in floating-rate debt securities, which can perform well in a rising interest-rate environment.

EFT: Protection Against Interest Rates And A High Yield

BOSTON--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (NYSE: EFT) and Eaton Vance Senior Income Trust (NYSE: EVF) (each, a “Fund,” and, together, the “Funds”) each announced today the commencement of a cash tender offer (each, a “Tender Offer,” and together, the “Tender Offers”). As previously announced, each Fund will purchase for cash up to 10% of its outstanding common shares at a price per share equal to 98% of its net asset value (“NAV”) per share, determined as of the close of r.

Eaton Vance Floating-Rate Income Trust and Eaton Vance Senior Income Trust Announce Commencement of Tender Offers

BOSTON--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (NYSE: EFT) and Eaton Vance Senior Income Trust (NYSE: EVF) (each, a “Fund,” and, together, the “Funds”) previously announced that they will conduct cash tender offers by the end of the fourth quarter of each of 2022, 2023 and 2024 (each, a “Conditional Tender Offer”) for up to 10% of each respective Fund's then-outstanding common shares if, from January to August of the relevant year, the Fund's common shares trade at an average d.

Eaton Vance Floating-Rate Income Trust and Eaton Vance Senior Income Trust Announce Tender Offers to Purchase up to 10% of Outstanding Common Shares

The pervasive inflation in the U.S. has led to declining real wages and strained household budgets, driving people to seek extra sources of income. Eaton Vance Floating-Rate Income Trust is a closed-end fund that specializes in generating income through investing in floating-rate debt securities. The EFT fund's portfolio primarily consists of floating-rate bank loans, providing diversification and low default risk, and has outperformed the aggregate bond index over the past year.

EFT: A Good 10.86%-Yielding Income Fund For Rising Rates

Calamos Convertible Opportunities And Income Fund

Calamos Strategic Total Return Fund

Nuveen Credit Strategies Income Fund

Nuveen Floating Rate Income Opportunity Fund ETF

Nuveen Short Duration Credit Opportunities Fund

Nuveen Senior Income Fund

We review CEF market valuation and performance through the second week of July and highlight recent market action. CEFs had a good week overall as NAVs gained, however, discounts remain sluggish. The net income profile of some CEFs has turned negative, owing to a high cost of leverage.

CEF Weekly Review: (Some) CEF Net Income Turns Negative

Investors today are in desperate need of income as the rising cost of living is making everything much more expensive. Eaton Vance Floating-Rate Income Trust invests in a portfolio of floating-rate securities that should hold their value regardless of interest rates and actually benefit from rising rates.

EFT: This Floating-Rate CEF Looks Like A Great Way To Earn An Income Today

Eaton Vance Floating Rate Income Trust invests in a portfolio of floating-rate securities in an effort to give its investors a high current income. Floating-rating securities have a marked advantage over ordinary bonds in markets like we are in today.

EFT: This 8.04%-Yielding Debt Fund Is A Winner For Income Investors Today

The Eaton Vance Senior Floating-Rate Trust (EFR) is the larger of the three CEFs EV has that benchmark against the S&P/LSTA Leveraged Loan Index.

EFR And EFT: Eaton Vance's 2 Floating-Rate CEFs

Eaton Vance Floating-Rate 2022 Target Term Trust

BOSTON, March 11, 2022 /PRNewswire/ -- Eaton Vance Management ("Eaton Vance"), an indirect wholly-owned subsidiary of Morgan Stanley (NYSE: MS), announced the portfolio managers of certain floating-rate loan funds as follows: Eaton Vance Senior Floating-Rate Trust (NYSE: EFR) Eaton Vance Floating-Rate 2022 Target Term Trust (NYSE: EFL) Craig P. Russ* Andrew N.

Eaton Vance Management Announces Portfolio Managers of Certain Floating-Rate Loan Funds

BOSTON, March 3, 2022 /PRNewswire/ -- The following notice relates to the Annual Meeting of Shareholders of Eaton Vance Floating-Rate Income Trust (NYSE: EFT): Notice That Annual Meeting Of Shareholders Will Be A Telephonic Meeting Due to the public health impact of the coronavirus pandemic (COVID-19) and to support the health and well-being of our shareholders, NOTICE IS HEREBY GIVEN that the Annual Meeting of Shareholders of Eaton Vance Floating-Rate Income Trust (the "Fund") to be held on Thursday, March 17, 2022 at 12:00 p.m. Eastern Time (the "Meeting") will be held in a telephonic format.

Eaton Vance Floating-Rate Income Trust Announces Telephonic Annual Meeting Of Shareholders On March 17, 2022

EFT is a closed-end fund that focuses on leveraged loans. The fund has had a phenomenal year in 2021 with EFT on track to make more than 19% in total returns.

EFT - Premier Loan Fund With 19% YTD Total Returns

BOSTON, Aug. 2, 2021 /PRNewswire/ -- Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG), Eaton Vance Floating-Rate Income Trust (NYSE: EFT), Eaton Vance Senior Floating-Rate Trust (NYSE: EFR) and Eaton Vance Senior Income Trust (NYSE: EVF) (each, a "Fund" and, collectively, the "Funds") each announced today the preliminary results of the Fund's cash tender offer for its outstanding common shares that expired at 5:00 P.M. Eastern Time on July 30, 2021 (each, a "Tender Offer" and, collectively, the "Tender Offers").

News for Eaton Vance Floating-Rate Income Trust ETF (EFT)