Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) to Issue Monthly Dividend of $0.12

Eaton Vance Senior Floating-Rate Trust (NYSE:EFRGet Free Report) announced a monthly dividend on Monday, April 1st, Zacks reports. Stockholders of record on Tuesday, April 23rd will be given a dividend of 0.121 per share on Tuesday, April 30th. This represents a $1.45 dividend on an annualized basis and a dividend yield of 11.09%. The ex-dividend date of this dividend is Monday, April 22nd.

Eaton Vance Senior Floating-Rate Trust has raised its dividend payment by an average of 17.3% annually over the last three years and has increased its dividend every year for the last 1 years.

Eaton Vance Senior Floating-Rate Trust Stock Performance

EFR opened at $13.09 on Friday. Eaton Vance Senior Floating-Rate Trust has a 1-year low of $10.95 and a 1-year high of $13.28. The stock’s 50 day simple moving average is $13.03 and its 200 day simple moving average is $12.64.

Institutional Trading of Eaton Vance Senior Floating-Rate Trust

Several large investors have recently bought and sold shares of EFR. Steward Partners Investment Advisory LLC raised its stake in shares of Eaton Vance Senior Floating-Rate Trust by 15.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 7,300 shares of the company’s stock worth $92,000 after buying an additional 1,000 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in Eaton Vance Senior Floating-Rate Trust by 8.9% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 26,683 shares of the company’s stock worth $358,000 after acquiring an additional 2,176 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Eaton Vance Senior Floating-Rate Trust by 2.5% in the first quarter. LPL Financial LLC now owns 112,741 shares of the company’s stock valued at $1,277,000 after purchasing an additional 2,736 shares in the last quarter. Comerica Bank acquired a new stake in shares of Eaton Vance Senior Floating-Rate Trust in the third quarter valued at approximately $36,000. Finally, Envestnet Asset Management Inc. increased its stake in shares of Eaton Vance Senior Floating-Rate Trust by 21.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 20,012 shares of the company’s stock worth $246,000 after purchasing an additional 3,532 shares in the last quarter.

About Eaton Vance Senior Floating-Rate Trust

(Get Free Report)

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.

Further Reading

Dividend History for Eaton Vance Senior Floating-Rate Trust (NYSE:EFR)

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