Eaton Vance Senior Floating-Rate Trust (EFR) Insider Acquires $50,000.40 in Stock

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) insider Craig P. Russ acquired 3,420 shares of Eaton Vance Senior Floating-Rate Trust stock in a transaction that occurred on Thursday, June 7th. The shares were bought at an average price of $14.62 per share, with a total value of $50,000.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Eaton Vance Senior Floating-Rate Trust traded up $0.04, reaching $14.67, during midday trading on Thursday, MarketBeat reports. 9 shares of the company traded hands, compared to its average volume of 122,148. Eaton Vance Senior Floating-Rate Trust has a twelve month low of $14.01 and a twelve month high of $15.06.

The business also recently disclosed a monthly dividend, which will be paid on Friday, June 29th. Investors of record on Friday, June 22nd will be given a dividend of $0.072 per share. The ex-dividend date of this dividend is Thursday, June 21st. This represents a $0.86 dividend on an annualized basis and a yield of 5.89%.

A number of large investors have recently added to or reduced their stakes in the stock. Millennium Management LLC boosted its position in Eaton Vance Senior Floating-Rate Trust by 185.2% during the 1st quarter. Millennium Management LLC now owns 43,754 shares of the company’s stock valued at $647,000 after purchasing an additional 28,410 shares during the period. Highlander Capital Management LLC boosted its position in Eaton Vance Senior Floating-Rate Trust by 65.3% during the 1st quarter. Highlander Capital Management LLC now owns 26,200 shares of the company’s stock worth $386,000 after acquiring an additional 10,350 shares during the period. Guggenheim Capital LLC boosted its position in Eaton Vance Senior Floating-Rate Trust by 2.2% during the 1st quarter. Guggenheim Capital LLC now owns 736,456 shares of the company’s stock worth $10,885,000 after acquiring an additional 15,642 shares during the period. UBS Group AG boosted its position in Eaton Vance Senior Floating-Rate Trust by 4.8% during the 1st quarter. UBS Group AG now owns 302,130 shares of the company’s stock worth $4,465,000 after acquiring an additional 13,767 shares during the period. Finally, Private Advisor Group LLC acquired a new position in Eaton Vance Senior Floating-Rate Trust during the 1st quarter worth $199,000.

Eaton Vance Senior Floating-Rate Trust Company Profile

Eaton Vance Senior Floating-Rate Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s primary investment objective is to provide a high level of current income. The Trust may, as a secondary objective, also seek preservation of capital to the extent consistent with its primary objective.

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