Horizon Kinetics Asset Management LLC Raises Stake in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR)

Horizon Kinetics Asset Management LLC boosted its position in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) by 39.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 27,801 shares of the company’s stock after purchasing an additional 7,800 shares during the period. Horizon Kinetics Asset Management LLC’s holdings in Eaton Vance Senior Floating-Rate Trust were worth $354,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of EFR. Cambridge Investment Research Advisors Inc. boosted its stake in Eaton Vance Senior Floating-Rate Trust by 93.7% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 526,315 shares of the company’s stock worth $6,884,000 after buying an additional 254,596 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in shares of Eaton Vance Senior Floating-Rate Trust by 19.8% during the third quarter. Advisors Asset Management Inc. now owns 363,579 shares of the company’s stock valued at $4,636,000 after purchasing an additional 60,003 shares during the period. Hennion & Walsh Asset Management Inc. boosted its stake in shares of Eaton Vance Senior Floating-Rate Trust by 120.4% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 52,771 shares of the company’s stock valued at $673,000 after purchasing an additional 28,832 shares during the period. Landscape Capital Management L.L.C. purchased a new stake in shares of Eaton Vance Senior Floating-Rate Trust during the third quarter valued at approximately $358,000. Finally, Midland Wealth Advisors LLC purchased a new stake in shares of Eaton Vance Senior Floating-Rate Trust during the second quarter valued at approximately $355,000.

Eaton Vance Senior Floating-Rate Trust Price Performance

NYSE:EFR opened at $12.84 on Wednesday. Eaton Vance Senior Floating-Rate Trust has a fifty-two week low of $12.08 and a fifty-two week high of $13.40. The business has a 50 day moving average price of $12.75 and a 200-day moving average price of $12.92.

Eaton Vance Senior Floating-Rate Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 21st will be paid a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 9.35%. The ex-dividend date of this dividend is Thursday, November 21st.

About Eaton Vance Senior Floating-Rate Trust

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.