Eaton Vance Senior Floating-Rate Trust (EFR) to Issue Monthly Dividend of $0.12 on April 30th

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) declared a monthly dividend on Monday, April 1st, Zacks reports. Investors of record on Tuesday, April 23rd will be paid a dividend of 0.121 per share on Tuesday, April 30th. This represents a $1.45 annualized dividend and a yield of 11.09%. The ex-dividend date is Monday, April 22nd.

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

Eaton Vance Senior Floating-Rate Trust Stock Up 0.0 %

Shares of Eaton Vance Senior Floating-Rate Trust stock opened at $13.10 on Friday. Eaton Vance Senior Floating-Rate Trust has a 12 month low of $10.95 and a 12 month high of $13.28. The business has a fifty day simple moving average of $13.03 and a 200 day simple moving average of $12.64.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of EFR. Comerica Bank acquired a new position in Eaton Vance Senior Floating-Rate Trust in the 3rd quarter worth $36,000. Captrust Financial Advisors bought a new position in Eaton Vance Senior Floating-Rate Trust in the second quarter valued at $61,000. Steward Partners Investment Advisory LLC lifted its position in 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 in the last quarter. JPMorgan Chase & Co. acquired a new position in shares of Eaton Vance Senior Floating-Rate Trust during the 2nd quarter worth about $93,000. Finally, Baird Financial Group Inc. acquired a new position in Eaton Vance Senior Floating-Rate Trust during the fourth quarter valued at approximately $113,000.

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.