Choreo LLC has increased its stake in the Eaton Vance Floating-Rate Income Trust (NYSE: EFT) by 3.8% during the first quarter of 2023, according to its latest Form 13F filing with the Securities and Exchange Commission (SEC). The investment management firm now holds 31,142 shares of the trust, having acquired an additional 1,142 shares in the period. As of the most recent filing, Choreo LLC’s holdings in the Eaton Vance Floating-Rate Income Trust are valued at approximately $391,000.
Several other prominent investors have also adjusted their positions in the Eaton Vance Floating-Rate Income Trust. Notably, LPL Financial LLC increased its stake by 3.5% during the fourth quarter of 2022, bringing its total ownership to 165,572 shares, worth about $2,124,000 after adding 5,631 shares. StoneX Group Inc. made a new investment in the trust during the same quarter, valued at around $187,000.
Wells Fargo & Company MN also expanded its holdings, growing its position by 4.2% and now owning 59,771 shares worth $767,000. Additionally, Raymond James Financial Inc. initiated a new position in the trust valued at approximately $8,328,000, while Guggenheim Capital LLC increased its stake by 8.1%, now holding 604,100 shares valued at $7,751,000.
Recent Stock Performance
As of the latest trading session, shares of Eaton Vance Floating-Rate Income Trust opened at $12.37. The company’s 50-day moving average price stands at $12.35, with a 200-day moving average price of $12.52. Over the past year, the trust has recorded a 52-week low of $10.44 and a 52-week high of $13.88.
About Eaton Vance Floating-Rate Income Trust
Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund managed by Eaton Vance Management. The fund primarily invests in fixed income securities across diversified sectors in the United States, focusing on senior, secured floating rate loans. This investment strategy aims to provide investors with income and capital preservation.
For those interested in further insights into the trust’s performance and holdings, detailed information is available at HoldingsChannel.com, which tracks the latest 13F filings and insider trades related to Eaton Vance Floating-Rate Income Trust (NYSE: EFT).
