Financial Advocates Investment Management Boosts Holdings in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR)

Financial Advocates Investment Management lifted its stake in shares of Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) by 4.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 100,514 shares of the company’s stock after acquiring an additional 3,850 shares during the period. Financial Advocates Investment Management’s holdings in Eaton Vance Senior Floating-Rate Trust were worth $1,287,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Sanctuary Advisors LLC purchased a new position in Eaton Vance Senior Floating-Rate Trust during the second quarter worth approximately $160,000. Koshinski Asset Management Inc. increased its holdings in shares of Eaton Vance Senior Floating-Rate Trust by 53.9% during the 3rd quarter. Koshinski Asset Management Inc. now owns 25,617 shares of the company’s stock worth $327,000 after buying an additional 8,977 shares during the last quarter. Private Advisor Group LLC purchased a new position in shares of Eaton Vance Senior Floating-Rate Trust in the 3rd quarter worth $171,000. Hennion & Walsh Asset Management Inc. boosted its holdings in Eaton Vance Senior Floating-Rate Trust by 120.4% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 52,771 shares of the company’s stock valued at $673,000 after acquiring an additional 28,832 shares during the last quarter. Finally, Edge Financial Advisors LLC acquired a new position in Eaton Vance Senior Floating-Rate Trust in the third quarter valued at $142,000.

Eaton Vance Senior Floating-Rate Trust Stock Performance

Shares of NYSE:EFR opened at $13.13 on Friday. The business has a 50-day moving average of $13.00 and a two-hundred day moving average of $12.86. Eaton Vance Senior Floating-Rate Trust has a 12 month low of $12.32 and a 12 month high of $13.40.

Eaton Vance Senior Floating-Rate Trust Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.091 per share. This represents a $1.09 dividend on an annualized basis and a yield of 8.32%. The ex-dividend date is Friday, February 14th.

Eaton Vance Senior Floating-Rate Trust 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.