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Eaton Vance Floating-Rate Income Trust

EFT

Market cap $283M

10.64 USD

+0.04

0.38%

At close Updated Oct 29, 4:00 PM EDT

1 day

0.38%

5 days

2.21%

1 month

1.92%

3 months

-0.09%

6 months

-1.48%

Year to date

-5.08%

1 year

-7.64%

5 years

-29.02%

10 years

-26.21%

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 57.1%

Neutral 42.9%

Negative 0%

Neutral

Seeking Alpha

3 days ago

Weekly Closed-End Fund Roundup (October 18, 2026)

CEFs fell this week: 7 of 26 sectors rose on price (average -0.88%) and 12 of 26 on NAV (average -0.30%); munis led while convertibles lagged. DMA announced a buyback and +2.2% distribution raise as it entered its term measurement period; ASGI's rights offering was about 34% subscribed at $19.28. At the fund level, NMS (+5.11%) led on price and KF fell the most (-15.39%); on NAV, BGR (+4.62%) led while KF dropped -16.09%.

Neutral

Seeking Alpha

1 month ago

Triple-Factor Closed-End Fund Report, September 2026: HFRO's Discount Keeps Widening

Our Triple-Factor screen identifies closed-end funds combining a yield above 6.5%, distribution coverage above 90%, and a discount to NAV, screening over 400 CEFs as of the close of September 15, 2026. Portfolio holdings Highland Opportunities and Income (HFRO), BNY Mellon High Yield Strategies (DHF), PIMCO Dynamic Income Opportunities (PDO), and Blackstone Strategic Credit 2027 (BGB) all rank among this month's top lists. As a reminder, these top lists are meant to be preliminary shortlists for further research, and are not meant to be the final analysis for a buy or sell decision.

Positive

Seeking Alpha

1 month ago

Income-Covered Closed-End Fund Report, September 2026

Quantitative screens highlight fully-covered 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 EFT, PFO, and VBF rank highly across every discount, yield, and coverage screen this month, warranting closer investor attention.

Positive

Seeking Alpha

1 month 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.

Neutral

Seeking Alpha

2 months 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.

Positive

Seeking Alpha

2 months 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.

Positive

Seeking Alpha

2 months 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.

Neutral

Seeking Alpha

3 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.

Positive

Seeking Alpha

6 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.

Positive

Seeking Alpha

6 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.

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Eaton Vance Floating-Rate Income Trust EFT Market cap $283M

News

Eaton Vance Floating-Rate Income Trust

EFT

Market cap $283M