Q Global Advisors LLC Takes Position in Eaton Vance Senior Floating-Rate Trust (EFR)

Q Global Advisors LLC purchased a new stake in shares of Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 45,153 shares of the company’s stock, valued at approximately $567,000. Eaton Vance Senior Floating-Rate Trust accounts for approximately 0.4% of Q Global Advisors LLC’s portfolio, making the stock its 19th largest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Shine Investment Advisory Services Inc. bought a new stake in Eaton Vance Senior Floating-Rate Trust during the fourth quarter valued at about $38,000. Optimum Investment Advisors boosted its holdings in Eaton Vance Senior Floating-Rate Trust by 23.9% during the fourth quarter. Optimum Investment Advisors now owns 7,250 shares of the company’s stock valued at $91,000 after acquiring an additional 1,400 shares during the period. Robinson Capital Management LLC bought a new stake in Eaton Vance Senior Floating-Rate Trust during the fourth quarter valued at about $198,000. CWM LLC bought a new stake in Eaton Vance Senior Floating-Rate Trust during the fourth quarter valued at about $198,000. Finally, Financial Advocates Investment Management boosted its holdings in Eaton Vance Senior Floating-Rate Trust by 62.2% during the fourth quarter. Financial Advocates Investment Management now owns 36,560 shares of the company’s stock valued at $239,000 after acquiring an additional 14,017 shares during the period.

EFR stock opened at $13.42 on Wednesday. Eaton Vance Senior Floating-Rate Trust has a 52-week low of $12.01 and a 52-week high of $14.95.

The business also recently announced a monthly dividend, which will be paid on Friday, March 29th. Investors of record on Thursday, March 21st will be paid a $0.075 dividend. This represents a $0.90 annualized dividend and a dividend yield of 6.71%. The ex-dividend date is Wednesday, March 20th. This is a boost from Eaton Vance Senior Floating-Rate Trust’s previous monthly dividend of $0.07.

In related news, major shareholder Group Ag Ubs bought 2,518 shares of Eaton Vance Senior Floating-Rate Trust stock in a transaction that occurred on Monday, January 7th. The stock was acquired at an average price of $13.03 per share, for a total transaction of $32,809.54. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders purchased 228,299 shares of company stock valued at $2,925,947.

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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.

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Institutional Ownership by Quarter for Eaton Vance Senior Floating-Rate Trust (NYSE:EFR)

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