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EFT - EFT: Lower Rates Will Cause Distributions To Be Reduced
Eaton Vance Floating Rate Income Trust of Beneficial Interest
2025-08-28 14:48:56 ET
Overview
Eaton Vance Floating-Rate Income Trust ( EFT ) operates as a closed end fund that aims to provide attractive total returns from a diverse portfolio of floating rate loans. As the name implies, EFT puts emphasis on the floating rate structure within its portfolio. This helps the fund capitalize on the higher interest rate environment. An income fund like EFT can be an efficient way to offset the market volatility and uncertainty that traditional equities expose investors to. The fund has an inception dating back to 2004 and has a management fee of 1.17%....