STOCK TITAN

EV Floating Rate Income Stock Price, News & Analysis

EFT NYSE

Company Description

Eaton Vance Floating-Rate Income Trust (EFT) is a closed-end management investment company that aims to provide a high level of current income with a secondary objective of capital appreciation. Established under the umbrella of Eaton Vance Corp., one of the oldest investment management firms in the United States dating back to 1924, EFT brings to the table decades of expertise and a solid track record.

EFT specializes in investing in floating-rate loans and other floating-rate debt securities, which typically have lower volatility compared to fixed-rate instruments. This strategy helps in managing interest rate risks and provides a steady income stream, which is especially appealing to conservative investors looking for dependable returns.

The company's portfolio managers employ a disciplined investment approach that leverages in-depth credit research and risk management practices. This approach aims to identify undervalued assets that can generate income and appreciate in value, thereby benefiting investors in multiple market conditions.

Recent achievements include the successful navigation of volatile market environments with positive returns, aligning with Eaton Vance's long-standing reputation for consistent performance. EFT continues to be a reliable option for individual and institutional investors seeking to diversify their income-generating investments.

For more details and the latest updates, visit the company's official page or follow their social media channels for timely disclosures and news.

Stock Performance

$12.00
-0.41%
0.05
Last updated: April 26, 2025 at 15:59
-0.54 %
Performance 1 year
$311.8M
Market Cap
26.2M
Shares outstanding

SEC Filings

No SEC filings available for EV Floating Rate Income.

Financial Highlights

Revenue (TTM)
Net Income (TTM)
Diluted EPS (TTM)
Operating Cash Flow
Net Profit Margin
Oper. Profit Margin

Upcoming Events

Frequently Asked Questions

What is the current stock price of EV Floating Rate Income (EFT)?

The current stock price of EV Floating Rate Income (EFT) is $12.05 as of April 25, 2025.

What is the market cap of EV Floating Rate Income (EFT)?

The market cap of EV Floating Rate Income (EFT) is approximately 311.8M.

What is the primary objective of Eaton Vance Floating-Rate Income Trust (EFT)?

The primary objective of EFT is to provide a high level of current income.

What is the secondary objective of EFT?

The secondary objective of EFT is capital appreciation.

What type of investments does EFT focus on?

EFT specializes in investing in floating-rate loans and other floating-rate debt securities.

How does EFT manage interest rate risks?

EFT manages interest rate risks by investing in floating-rate instruments which typically have lower volatility compared to fixed-rate instruments.

What kind of investors is EFT suitable for?

EFT is suitable for conservative investors looking for a steady income stream and dependable returns.

What is the historical significance of Eaton Vance Corp.?

Eaton Vance Corp. is one of the oldest investment management firms in the U.S., established in 1924, offering a wide range of investment strategies and wealth management solutions.

How does EFT achieve consistent performance?

EFT employs a disciplined investment approach, leveraging in-depth credit research and risk management practices to identify undervalued assets.

Where can I find the latest updates on EFT?

You can find the latest updates on EFT on the company's official page and social media channels.

What recent achievements has EFT accomplished?

EFT has successfully navigated volatile market environments with positive returns, maintaining Eaton Vance's reputation for consistent performance.

What kind of market conditions does EFT perform well in?

EFT is designed to perform well in various market conditions due to its focus on floating-rate investments and risk management strategies.