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EFT

Eaton Vance Floating-Rate Income Trust
EFT

10.52 USD
-0.07
0.66%
At close Updated Sep 14, 4:00 PM EDT
1 day
-0.66%
5 days
-1.22%
1 month
-3.4%
3 months
-1.77%
6 months
-2.23%
Year to date
-6.16%
1 year
-12.41%
5 years
-31.29%
10 years
-25.44%
 

About: Eaton Vance Floating-rate Income Trust is a closed-end management investment company. The company's objective is to provide a high level of current income and its secondary objective is capital appreciation.

Financials Asset Management

News

Positive
Neutral
Negative
Sentiment 3-Months
Positive 60%
Neutral 40%
Negative 0%
Positive
Seeking Alpha
11 days ago
Triple-Factor Closed-End Fund Report, August 2026: A Few Portfolio Holdings Stand Out
The Triple-Factor CEF screen systematically identifies funds with yields above 6.5%, coverage above 90%, and discounts to NAV for balanced income and value. BNY Mellon High Yield Strategies Fund and Flaherty & Crumrine Preferred Income Opp stand out for deep discounts, strong yields, and robust coverage. Negative z-scores highlight CEFs trading below historical valuation ranges, suggesting potential mean-reversion opportunities for sophisticated investors.
Triple-Factor Closed-End Fund Report, August 2026: A Few Portfolio Holdings Stand Out
Neutral
Seeking Alpha
15 days ago
Income-Covered Closed-End Fund Report, August 2026
Quantitative screens highlight CEFs trading at wide discounts, negative z-scores, and high yields, offering both value and income potential. Metrics like premium/discount, coverage, leverage, and z-score are used to shortlist funds for further due diligence, not as final buy/sell recommendations. Funds such as BGX, PFO, and EFT consistently rank highly across discount, yield, and coverage screens, warranting closer investor attention.
Income-Covered Closed-End Fund Report, August 2026
Positive
Seeking Alpha
1 month ago
EFT: The Market Is Prepared For Interest Rate Hikes, But This Fund Is Still Hard To Recommend
Eaton Vance Floating-Rate Income Trust (EFT) offers a 7.53% yield, primarily investing in floating-rate senior loans tied to SOFR benchmarks. EFT's distribution coverage is under pressure, with payouts exceeding net investment income and realized gains for the past two years. Current market expectations of potential Fed rate hikes could benefit EFT's income, but uncertainty remains amid mixed macro signals.
EFT: The Market Is Prepared For Interest Rate Hikes, But This Fund Is Still Hard To Recommend
Positive
Seeking Alpha
1 month ago
Income-Covered Closed-End Fund Report, July 2026
The Income-Covered CEF Report screens for closed-end funds with distribution coverage above 100%, highlighting lower risk of distribution cuts. Top candidates include BGX, EFR, EFT, and BANX, offering deep discounts to NAV, strong yields, and full coverage—potential for price appreciation and enhanced yield. Composite metrics identify PGP, EFT, EFR, and BGX as especially attractive, combining high yield, significant discounts, and negative z-scores for relative value.
Income-Covered Closed-End Fund Report, July 2026
Neutral
Seeking Alpha
2 months ago
The Triple-Factor Closed-End Fund Report, June 2026
The Triple-Factor CEF screen highlights funds with >6.5% yield, >90% coverage, and discounts to NAV, balancing income, sustainability, and value. Top candidates like VVR, BGX, and DHF offer double-digit discounts, strong coverage, and yields up to 11.6%, presenting potential for both income and capital appreciation. Negative z-scores across several funds indicate they are trading well below historical valuation ranges, suggesting possible mean reversion opportunities.
The Triple-Factor Closed-End Fund Report, June 2026
Positive
Seeking Alpha
4 months ago
Income-Covered Closed-End Fund Report, April 2026: EFR And EFT Remain Attractive
Eaton Vance Senior Floating-Rate Trust leads income-covered CEFs, offering an -11.49% discount, 7.79% yield, and 104% coverage with a -1.5 z-score. EFR and EFT utilize variable distribution policies, closely tracking SOFR, which aligns payouts with portfolio income and minimizes surprise distribution cuts. Discounts on floating-rate CEFs like EFR and EFT widen as distributions decline, creating contrarian opportunities for investors anticipating rate cycle reversals.
Income-Covered Closed-End Fund Report, April 2026: EFR And EFT Remain Attractive
Positive
Seeking Alpha
4 months ago
EFT: No Longer Makes Sense To Stay Invested (Rating Downgrade)
Eaton Vance Floating-Rate Income Trust faces continued headwinds, with a deeper-than-average 10.46% discount to NAV reflecting market concerns. EFT's 7.6% yield appears attractive, but ongoing dividend reductions and declining net investment income signal risk of further payout cuts if rates fall. Leverage remains high at 35.33% of assets, amplifying both return potential and risk, especially in a costly debt environment.
EFT: No Longer Makes Sense To Stay Invested (Rating Downgrade)
Neutral
Seeking Alpha
4 months ago
CEF Market Weekly Review: Saba Calls Off A CEF Merger
We review the CEF market valuation and performance through the second week of April and highlight recent market action. CEFs rallied broadly with tightening discounts, now trading near historic averages, signaling improved sentiment across most sectors except MLPs. Saba's canceled BRW-SABA merger preserves relative value opportunities and maintains SABA's appeal due to its low fee structure and wider discount.
CEF Market Weekly Review: Saba Calls Off A CEF Merger
Positive
Seeking Alpha
8 months ago
EFT: Solid Senior Loan Fund, Even Though It Overpays Significantly
Eaton Vance Floating-Rate Income Trust manages $333M in net assets, totaling $515M in gross assets. EFT employs 34.3% leverage, sourced from $119M borrowings and $80M preferred shares, impacting its expense structure and risk profile. We examine the current setup and give you our take.
EFT: Solid Senior Loan Fund, Even Though It Overpays Significantly
Neutral
Business Wire
8 months ago
Eaton Vance Declares Early Monthly Distribution for Eaton Vance Floating-Rate Income Trust
BOSTON--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (the “Fund”) announced a distribution today as detailed below. Declaration – 12/19/2025 Ex-Date – 12/30/2025 Record – 12/30/2025 Payable – 1/15/2026   Fund Ticker Monthly Distribution Change From Prior Distribution Closing Market Price – 12/18/25 Distribution Rate at Market Price Eaton Vance Floating-Rate Income Trust EFT $0.0860 - $11.24 9.18% The declaration, record and payment dates of the regular January distribution has been a.
Eaton Vance Declares Early Monthly Distribution for Eaton Vance Floating-Rate Income Trust
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