Union Bancaire Privee UBP SA Invests $43,000 in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR)

Union Bancaire Privee UBP SA bought a new stake in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) during the fourth quarter, Holdings Channel reports. The fund bought 3,677 shares of the company’s stock, valued at approximately $43,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Private Advisor Group LLC purchased a new stake in shares of Eaton Vance Senior Floating-Rate Trust during the 3rd quarter worth about $171,000. Hennion & Walsh Asset Management Inc. grew its stake in Eaton Vance Senior Floating-Rate Trust by 120.4% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 52,771 shares of the company’s stock worth $673,000 after buying an additional 28,832 shares during the period. Edge Financial Advisors LLC acquired a new stake in shares of Eaton Vance Senior Floating-Rate Trust in the third quarter worth $142,000. Verity Asset Management Inc. raised its stake in shares of Eaton Vance Senior Floating-Rate Trust by 2.7% in the 3rd quarter. Verity Asset Management Inc. now owns 112,926 shares of the company’s stock valued at $1,440,000 after acquiring an additional 2,965 shares during the period. Finally, Wolverine Asset Management LLC acquired a new position in shares of Eaton Vance Senior Floating-Rate Trust during the 3rd quarter valued at $315,000.

Eaton Vance Senior Floating-Rate Trust Price Performance

NYSE:EFR opened at $12.93 on Wednesday. Eaton Vance Senior Floating-Rate Trust has a 12 month low of $12.32 and a 12 month high of $13.40. The business’s 50-day moving average is $13.00 and its two-hundred day moving average is $12.87.

Eaton Vance Senior Floating-Rate Trust Cuts Dividend

The business also recently declared 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 annualized dividend and a yield of 8.45%. The ex-dividend date of this dividend is Friday, February 14th.

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.