Eaton Vance Floating Rate Income Trust of Beneficial Interest

Symbol: EFT     Sector: Financial Services     Industry: Asset Management

Dividend Yield
Current Price
Info     Dividend Rate History     Dividend Yield History     Earnings     Financials     Rankings

Dividend Data

Dividend Yield:6.28%
Dividend per Share:$ 0.8502
Next Ex-Div Date:2019-06-20
Next Div Payout:$ 0.0708
Payment Schedule:Monthly-
Payout Ratio (ttm)n.a.
Ø 3yr Growth Rate-1.81 %-1.73%
Ø 5yr Growth Rate-0.08 %-

Stock Data

Type:Common Stock
Exchange:New York Stock Exchange
Current Price (*):$ 13.54
Week 52 high:$ 14.88
Week 52 low:$ 12.29
Marketcap$ 534,173,446
Return on Equity0.00 %
P/E Ratio high0.00
P/E Ratio low0.00

General Info

About: The first objective is to provide a high level of current income. The second objective is to seek preservation of capital to the extent consistent with the primary goal. Under normal market conditions, it is expected to maintain duration of less than one year (including the effect of anticipated leverage). The primary investments are Senior Loans that are made to corporations, partnerships and other business entities, which operate in various industries and geographical regions. Senior Loans pay interest at rates which are determined periodically by a reference to a base lending rate, primarily the LIBOR, plus a premium. At least 80% of its total assets will be invested in Senior Loans. Up to 20% of its total assets may be invested in loan securities, other income-producing securities and warrants and equity securities. The Adviser anticipates that most of the Funds investment, including Senior Loans, will be of below investment-grade quality. Up to 20% may be invested in corporate bonds of below investment grade quality. Up to 15% of its total assets may be invested in foreign securities including emerging markets.

Tags:  Asset Management    Financial Services