Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) Shares Bought by Financial Advocates Investment Management

Financial Advocates Investment Management lifted its stake in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) by 4.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 100,514 shares of the company’s stock after acquiring an additional 3,850 shares during the quarter. 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 large investors have also modified their holdings of the company. Sanctuary Advisors LLC purchased a new position in Eaton Vance Senior Floating-Rate Trust in the 2nd quarter worth approximately $160,000. Koshinski Asset Management Inc. lifted its position in shares of Eaton Vance Senior Floating-Rate Trust by 53.9% during the third quarter. Koshinski Asset Management Inc. now owns 25,617 shares of the company’s stock worth $327,000 after purchasing an additional 8,977 shares in the last quarter. Private Advisor Group LLC purchased a new position in shares of Eaton Vance Senior Floating-Rate Trust in the third quarter valued at $171,000. Hennion & Walsh Asset Management Inc. boosted its stake in shares of 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 purchasing an additional 28,832 shares during the period. Finally, Edge Financial Advisors LLC acquired a new stake in Eaton Vance Senior Floating-Rate Trust during the 3rd quarter valued at $142,000.

Eaton Vance Senior Floating-Rate Trust Stock Up 0.2 %

Eaton Vance Senior Floating-Rate Trust stock opened at $13.13 on Friday. The firm’s fifty day moving average price is $13.00 and its 200 day moving average price is $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 declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a $0.091 dividend. This represents a $1.09 annualized dividend and a dividend yield of 8.32%. The ex-dividend date 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.