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

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) major shareholder Of America Corp /De/ Bank acquired 1,800 shares of the firm’s stock in a transaction on Tuesday, October 15th. The stock was purchased at an average cost of $12.71 per share, with a total value of $22,878.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Thursday, October 10th, Of America Corp /De/ Bank sold 1,800 shares of Eaton Vance Senior Floating-Rate Trust stock. The stock was sold at an average price of $12.81, for a total transaction of $23,058.00.

Eaton Vance Senior Floating-Rate Trust Trading Up 1.0 %

NYSE:EFR opened at $12.93 on Friday. Eaton Vance Senior Floating-Rate Trust has a one year low of $12.32 and a one year high of $13.40. The stock has a 50-day simple moving average of $12.88 and a 200 day simple moving average of $12.90.

Eaton Vance Senior Floating-Rate Trust Announces Dividend

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

Institutional Inflows and Outflows

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

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.