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EFT - FRA: Floating Rate Fund Worth Taking A Look At
July, 05 2021 12:37 AM
Eaton Vance Floating Rate Income Trust of Beneficial Interest
Debt investments with floating rates, typically funds that focus on senior loan investments, should do well when rates rise. We know that the next logical step for interest rates is for the Fed to increase rates, this should happen over the next couple of years. FRA is at an attractive discount and should benefit from increased rates as it will be among the first to start earning a higher income. For further details see:
FRA: Floating Rate Fund Worth Taking A Look At
Stock Information
Company Name:
Eaton Vance Floating Rate Income Trust of Beneficial Interest
Stock Symbol:
EFT
Market:
NYSE
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