Eaton Vance FloatingRate Incme Plus Fund (EFF) Reaches New 1-Year Low at $14.90

Eaton Vance FloatingRate Incme Plus Fund (NYSE:EFF)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $14.90 and last traded at $14.98, with a volume of 1000 shares trading hands. The stock had previously closed at $14.98.

The business also recently declared a monthly dividend, which will be paid on Friday, November 30th. Stockholders of record on Friday, November 23rd will be issued a $0.079 dividend. This represents a $0.95 dividend on an annualized basis and a dividend yield of 6.36%. The ex-dividend date of this dividend is Wednesday, November 21st. This is an increase from Eaton Vance FloatingRate Incme Plus Fund’s previous monthly dividend of $0.08.

Several institutional investors and hedge funds have recently made changes to their positions in EFF. Marble Harbor Investment Counsel LLC increased its holdings in shares of Eaton Vance FloatingRate Incme Plus Fund by 13.7% in the 2nd quarter. Marble Harbor Investment Counsel LLC now owns 136,668 shares of the company’s stock valued at $2,266,000 after purchasing an additional 16,500 shares in the last quarter. Advisors Asset Management Inc. increased its holdings in shares of Eaton Vance FloatingRate Incme Plus Fund by 20.1% in the 2nd quarter. Advisors Asset Management Inc. now owns 190,630 shares of the company’s stock valued at $3,161,000 after purchasing an additional 31,945 shares in the last quarter. Mariner Investment Group LLC purchased a new position in shares of Eaton Vance FloatingRate Incme Plus Fund in the 3rd quarter valued at about $663,000. Doliver Capital Advisors LP purchased a new position in shares of Eaton Vance FloatingRate Incme Plus Fund in the 3rd quarter valued at about $270,000. Finally, JPMorgan Chase & Co. increased its holdings in shares of Eaton Vance FloatingRate Incme Plus Fund by 1.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 259,010 shares of the company’s stock valued at $4,098,000 after purchasing an additional 3,567 shares in the last quarter.

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Eaton Vance FloatingRate Incme Plus Fund Company Profile (NYSE:EFF)

There is no company description available for Eaton Vance Floating-Rate Income Plus Fund.

Further Reading: Understanding debt-to-equity ratio in fundamental analysis

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