Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) Major Shareholder Of America Corp /De/ Bank Sells 1,800 Shares

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) major shareholder Of America Corp /De/ Bank sold 1,800 shares of Eaton Vance Senior Floating-Rate Trust stock in a transaction on Thursday, October 10th. The stock was sold at an average price of $12.81, for a total transaction of $23,058.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Of America Corp /De/ Bank also recently made the following trade(s):

• On Tuesday, October 15th, Of America Corp /De/ Bank bought 1,800 shares of Eaton Vance Senior Floating-Rate Trust stock. The shares were acquired at an average price of $12.71 per share, for a total transaction of $22,878.00.

Eaton Vance Senior Floating-Rate Trust Stock Performance

Shares of Eaton Vance Senior Floating-Rate Trust stock opened at $12.93 on Monday. The business has a 50-day moving average of $12.88 and a two-hundred day moving average of $12.90. Eaton Vance Senior Floating-Rate Trust has a 1 year low of $12.32 and a 1 year high of $13.40.

Eaton Vance Senior Floating-Rate Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be issued a dividend of $0.102 per share. The ex-dividend date is Monday, December 23rd. This represents a $1.22 annualized dividend and a yield of 9.47%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Cambridge Investment Research Advisors Inc. lifted its position in Eaton Vance Senior Floating-Rate Trust by 93.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 526,315 shares of the company’s stock valued at $6,884,000 after acquiring an additional 254,596 shares in the last quarter. Advisors Asset Management Inc. lifted its position in shares of Eaton Vance Senior Floating-Rate Trust by 19.8% in the third quarter. Advisors Asset Management Inc. now owns 363,579 shares of the company’s stock worth $4,636,000 after purchasing an additional 60,003 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Eaton Vance Senior Floating-Rate Trust by 13.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 120,652 shares of the company’s stock worth $1,578,000 after buying an additional 14,363 shares in the last quarter. Verity Asset Management Inc. boosted its position in Eaton Vance Senior Floating-Rate Trust by 2.7% during the third quarter. Verity Asset Management Inc. now owns 112,926 shares of the company’s stock valued at $1,440,000 after purchasing an additional 2,965 shares during the last quarter. Finally, Financial Advocates Investment Management boosted its holdings in shares of Eaton Vance Senior Floating-Rate Trust by 1.3% in the 2nd quarter. Financial Advocates Investment Management now owns 96,914 shares of the company’s stock valued at $1,268,000 after buying an additional 1,225 shares during the last quarter.

Eaton Vance Senior Floating-Rate Trust Company Profile

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.