Apollon Wealth Management LLC Sells 5,038 Shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

Apollon Wealth Management LLC decreased its position in shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 3.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 133,557 shares of the investment management company’s stock after selling 5,038 shares during the period. Apollon Wealth Management LLC’s holdings in Eaton Vance Floating-Rate Income Trust were worth $1,714,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in EFT. NBC Securities Inc. boosted its stake in Eaton Vance Floating-Rate Income Trust by 106.8% during the third quarter. NBC Securities Inc. now owns 4,550 shares of the investment management company’s stock valued at $58,000 after buying an additional 2,350 shares during the last quarter. MeadowBrook Investment Advisors LLC boosted its position in shares of Eaton Vance Floating-Rate Income Trust by 18.0% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 5,250 shares of the investment management company’s stock valued at $68,000 after acquiring an additional 800 shares during the last quarter. Union Bancaire Privee UBP SA bought a new position in shares of Eaton Vance Floating-Rate Income Trust during the 4th quarter valued at approximately $108,000. Horizon Kinetics Asset Management LLC purchased a new position in shares of Eaton Vance Floating-Rate Income Trust in the third quarter valued at $155,000. Finally, Landscape Capital Management L.L.C. bought a new stake in Eaton Vance Floating-Rate Income Trust in the third quarter worth $178,000.

Eaton Vance Floating-Rate Income Trust Trading Down 0.3 %

EFT stock opened at $13.25 on Tuesday. Eaton Vance Floating-Rate Income Trust has a 52 week low of $12.62 and a 52 week high of $13.88. The company has a fifty day simple moving average of $13.30 and a two-hundred day simple moving average of $13.17.

Eaton Vance Floating-Rate Income Trust Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a $0.094 dividend. This represents a $1.13 dividend on an annualized basis and a dividend yield of 8.51%. The ex-dividend date of this dividend is Friday, February 14th.

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.