Eaton Vance Floating-Rate Income Trust

Frequently Asked Questions About EFT

What does EFT invest in?

Managed by Eaton Vance Management, the Eaton Vance Floating-Rate Income Trust operates as a closed-end investment fund dedicated to fixed-income assets. Its primary investment focus is within the U.S. fixed income markets, specifically concentrating on senior, secured floating-rate loans across diverse sectors. The trust's financial performance is measured against the S&P/LSTA Leveraged Loan Index. It was established and commenced operations on June 29, 2004, and is based in the United States.

What is the expense ratio of EFT?

An expense ratio for Eaton Vance Floating-Rate Income Trust (EFT) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

What is EFT's dividend yield?

EFT's trailing-twelve-month yield is 9.75%, calculated from the sum of dividends over the past year divided by the current price.

How big is EFT?

Eaton Vance Floating-Rate Income Trust (EFT) manages $283.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is EFT actively managed or an index fund?

EFT's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was EFT launched?

Eaton Vance Floating-Rate Income Trust (EFT) launched in July 2004 and is managed by the fund issuer.