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The Eaton Vance Floating-Rate Income Plus Fund (NYSE: EFF) announced the results of its annual shareholder meeting held on May 14, 2021. Shareholders approved the liquidation and termination of the Fund, effective June 18, 2021, with net asset values fixed based on holdings. Cash distributions will start around June 24, 2021, with a final distribution expected in October 2021. Additionally, four Class II trustees were elected. The Fund's shares will cease trading on June 18, 2021, and shareholders should consult tax advisors for implications of the liquidation.
The Eaton Vance Floating-Rate Income Plus Fund (NYSE: EFF) held a Special Meeting on March 19, 2021, where no quorum was present to approve a new investment advisory agreement with Eaton Vance Management. Following a previous decision on March 11, 2021, the Fund's Board approved a liquidation and termination plan, which will be presented for shareholder approval at the Annual Meeting on May 14, 2021. Eaton Vance Management, now part of Morgan Stanley after its acquisition on March 1, 2021, continues to manage the Fund under an interim agreement that lasts for up to 150 days.
The Eaton Vance Floating-Rate Income Plus Fund (NYSE: EFF) has announced a plan for liquidation and termination, subject to shareholder approval at the annual meeting on May 14, 2021. The Board has recommended voting for this plan. Following Morgan Stanley's acquisition of Eaton Vance Corp on March 1, 2021, a new investment advisory agreement was not approved, necessitating an interim agreement for fund management. Shareholders are encouraged to review the upcoming proxy statement from the SEC, which will contain further essential details about the liquidation process.
Eaton Vance Floating-Rate Income Plus Fund (NYSE: EFF) announces a virtual Special Meeting of Shareholders on February 26, 2021, at 11:30 a.m. ET due to COVID-19 precautions. Shareholders must register via email to participate. Requests for participation must be received by 3:00 p.m. ET on February 25, 2021. The proxy statement is available online and shareholders are encouraged to vote in advance. Eaton Vance Corp. (NYSE: EV) manages the Fund with consolidated assets under management of $583.1 billion as of December 31, 2020.
