Koshinski Asset Management Inc. Sells 3,029 Shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

Koshinski Asset Management Inc. lessened its position in Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 3.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 90,618 shares of the investment management company’s stock after selling 3,029 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Eaton Vance Floating-Rate Income Trust were worth $1,163,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Morse Asset Management Inc bought a new position in shares of Eaton Vance Floating-Rate Income Trust in the third quarter worth about $341,000. Benjamin Edwards Inc. acquired a new stake in Eaton Vance Floating-Rate Income Trust in the 3rd quarter valued at approximately $367,000. Walleye Capital LLC bought a new position in Eaton Vance Floating-Rate Income Trust in the 3rd quarter worth approximately $276,000. Horizon Kinetics Asset Management LLC acquired a new position in shares of Eaton Vance Floating-Rate Income Trust during the third quarter worth approximately $155,000. Finally, Landscape Capital Management L.L.C. bought a new stake in shares of Eaton Vance Floating-Rate Income Trust in the third quarter valued at approximately $178,000.

Eaton Vance Floating-Rate Income Trust Stock Up 2.0 %

Shares of EFT stock opened at $13.42 on Wednesday. Eaton Vance Floating-Rate Income Trust has a 1 year low of $12.62 and a 1 year high of $13.88. The firm’s fifty day simple moving average is $13.29 and its 200 day simple moving average is $13.18.

Eaton Vance Floating-Rate Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Monday, December 30th were issued a dividend of $0.103 per share. The ex-dividend date was Monday, December 30th. This represents a $1.24 annualized dividend and a dividend yield of 9.21%.

Eaton Vance Floating-Rate Income Trust Profile

Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It invests in fixed income securities operating across diversified sectors. The fund primarily invests in senior, secured floating rate loans.