Welcome to our dedicated page for EV Floating Rate Income news (Ticker: EFT), a resource for investors and traders seeking the latest updates and insights on EV Floating Rate Income stock.
Eaton Vance Floating-Rate Income Trust (NYSE: EFT) is a closed-end management investment company focused on a primary objective of providing a high level of current income, with capital appreciation as a secondary objective. As a listed closed-end fund in the asset management sector, EFT regularly releases information that can affect its trading dynamics, shareholder base and capital structure.
News coverage for EFT often centers on tender offers and related shareholder actions. The Fund has announced and completed cash tender offers to purchase a set percentage of its outstanding common shares at a price per share equal to a stated percentage of its net asset value (NAV) on the expiration date. Some of these have been conditional tender offers, triggered when the Fund’s shares traded at an average discount to NAV of more than 10% over a defined measurement period. Updates on preliminary and final tender offer results, including pro rata purchase factors and the number of shares accepted, are key topics in EFT news.
Additional news items may include Board and governance developments reported through Form 8-K filings, such as changes in the Chairperson of the Board or adjustments to the size of the Board of Trustees. Communications from Eaton Vance and Morgan Stanley Investment Management also provide context on the advisory relationship and the investment philosophy applied to EFT.
Investors and observers who follow EFT’s news can use this information to understand how tender offers, trading discounts to NAV, distribution policies and governance changes may influence the Fund’s share price and structure. This page aggregates such announcements and related disclosures so readers can review the Fund’s publicly reported developments in one place.
Eaton Vance Floating-Rate Income Trust (NYSE:EFT) declared an early monthly distribution on Dec 19, 2025 of $0.0860 per share. The declaration date is 12/19/2025, ex- and record date are 12/30/2025, and the payment date is 1/15/2026. The Fund reported a closing market price of $11.24 on 12/18/2025 and a distribution rate at market price of 9.18%.
The January distribution was accelerated to meet the Fund’s 2025 federal excise tax requirements; the next regular monthly distribution is expected in early February 2026. Distributions may include various tax-characterized components, including return of capital.
Eaton Vance Floating-Rate Income Trust (EFT) has announced an early monthly distribution of $0.1030 per share, maintaining its previous distribution rate. With a closing market price of $13.37 as of December 19, 2024, the distribution rate stands at 9.24% at market price.
The distribution schedule has been accelerated to meet 2024 federal excise tax requirements, with declaration on December 20, 2024, ex-date and record date on December 30, 2024, and payment date on January 15, 2025. The Fund expects to announce its next regular monthly distribution in early February 2025.
The Fund's ability to maintain distributions depends on various factors, including investment income stability, performance, expenses, and market conditions. Distributions may include tax-exempt income, qualified and non-qualified dividends, capital gains, and return of capital.
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The Eaton Vance Floating-Rate Income Trust (EFT) will hold its Annual Meeting of Shareholders on March 17, 2022, at 12:00 p.m. Eastern Time via teleconference due to the COVID-19 pandemic. Shareholders of record as of January 4, 2022 are eligible to vote. Participation requires advance registration with AST Fund Solutions, LLC by 3:00 p.m. Eastern Time on March 16, 2022. The meeting aims to ensure shareholder well-being while providing voting opportunities, with updates expected pending changes in public health conditions.
Eaton Vance Floating-Rate Income Trust (NYSE: EFT) shareholders approved a new investment advisory agreement at a special meeting on April 16, 2021. The Fund will increase its cash tender offer from 25% to 50% of outstanding shares, set to commence on July 1, 2021, and end by August 13, 2021. Moreover, conditional cash tender offers of up to 10% of outstanding shares will occur through 2024 if shares trade at a discount to NAV. The Fund will also raise its distribution rate by 25% starting June 2021.
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