Horizon Kinetics Asset Management LLC Buys 7,800 Shares of Eaton Vance Senior Floating-Rate Trust (NYSE:EFR)

Horizon Kinetics Asset Management LLC grew its stake in shares of Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) by 39.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,801 shares of the company’s stock after buying an additional 7,800 shares during the period. Horizon Kinetics Asset Management LLC’s holdings in Eaton Vance Senior Floating-Rate Trust were worth $354,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of EFR. Independent Wealth Network Inc. increased its position in shares of Eaton Vance Senior Floating-Rate Trust by 6.8% during the first quarter. Independent Wealth Network Inc. now owns 76,214 shares of the company’s stock valued at $993,000 after buying an additional 4,848 shares during the period. Verity Asset Management Inc. increased its position in shares of Eaton Vance Senior Floating-Rate Trust by 1.1% during the first quarter. Verity Asset Management Inc. now owns 109,367 shares of the company’s stock valued at $1,425,000 after buying an additional 1,223 shares during the period. Tactive Advisors LLC increased its position in shares of Eaton Vance Senior Floating-Rate Trust by 15.4% in the first quarter. Tactive Advisors LLC now owns 50,866 shares of the company’s stock worth $663,000 after purchasing an additional 6,771 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Eaton Vance Senior Floating-Rate Trust by 16.4% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 27,734 shares of the company’s stock worth $363,000 after purchasing an additional 3,901 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. increased its position in shares of Eaton Vance Senior Floating-Rate Trust by 133.0% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 23,939 shares of the company’s stock worth $313,000 after purchasing an additional 13,664 shares during the last quarter.

Eaton Vance Senior Floating-Rate Trust Stock Performance

EFR stock opened at $12.84 on Wednesday. The company’s 50 day moving average is $12.75 and its 200 day moving average is $12.92. Eaton Vance Senior Floating-Rate Trust has a 1-year low of $12.08 and a 1-year high of $13.40.

Eaton Vance Senior Floating-Rate Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be given a $0.10 dividend. This represents a $1.20 annualized dividend and a dividend yield of 9.35%. The ex-dividend date of this dividend is Thursday, November 21st.

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.