Synovus Financial Corp Sells 885 Shares of Eaton Vance Senior Floating-Rate Trust (NYSE:EFR)

Synovus Financial Corp lowered its stake in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) by 7.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,702 shares of the company’s stock after selling 885 shares during the quarter. Synovus Financial Corp’s holdings in Eaton Vance Senior Floating-Rate Trust were worth $136,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in EFR. Oppenheimer & Co. Inc. lifted its stake in Eaton Vance Senior Floating-Rate Trust by 4.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 26,795 shares of the company’s stock valued at $342,000 after purchasing an additional 1,072 shares during the last quarter. Private Advisor Group LLC bought a new position in shares of Eaton Vance Senior Floating-Rate Trust in the 3rd quarter valued at $171,000. Garner Asset Management Corp boosted its holdings in shares of Eaton Vance Senior Floating-Rate Trust by 1.6% during the 2nd quarter. Garner Asset Management Corp now owns 69,398 shares of the company’s stock valued at $908,000 after acquiring an additional 1,096 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Eaton Vance Senior Floating-Rate Trust by 16.4% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 27,734 shares of the company’s stock worth $363,000 after acquiring an additional 3,901 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. increased its holdings in Eaton Vance Senior Floating-Rate Trust by 133.0% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 23,939 shares of the company’s stock worth $313,000 after purchasing an additional 13,664 shares in the last quarter.

Eaton Vance Senior Floating-Rate Trust Trading Down 0.3 %

Eaton Vance Senior Floating-Rate Trust stock opened at $12.80 on Friday. The stock has a 50-day moving average price of $12.88 and a two-hundred day moving average price of $12.90. Eaton Vance Senior Floating-Rate Trust has a 12 month low of $12.32 and a 12 month high of $13.40.

Eaton Vance Senior Floating-Rate Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be given a dividend of $0.102 per share. The ex-dividend date is Monday, December 23rd. This represents a $1.22 annualized dividend and a yield of 9.56%.

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.