Eaton Vance Senior Floating-Rate (EFR) gains 0.28% in Light Trading on August 27
Today, stock of Eaton Vance Senior Floating-Rate Trust Inc (NYSE: EFR) gained $ 0.04, an increase of 0.28%. The senior Eaton Vance floating rate opened at $ 14.15 before trading between $ 14.26 and $ 14.15 throughout Friday’s session. The activity saw the market cap of Eaton Vance Senior Floating-Rate rise to $ 522,509,078 on 50,606 stocks – below their 30-day average of 94,064.
About the Eaton Vance Senior Floating Rate Trust
Eaton Vance Senior Floating-Rate Trust is a closed-end, fixed income mutual fund. The primary investment objective of the Fund is to provide a high level of current income, as a secondary objective the Fund may seek preservation of capital. The Fund provides broad exposure to the floating rate loan market, providing diversified exposure to the asset class. Provides exposure to the many sectors, credit levels and issuers of the lending markets. Low correlation potential with traditional equity and fixed income markets, providing significant diversification benefits for investor portfolios. A low duration can help reduce interest rate risk and portfolio volatility. The fund is managed by Eaton Vance, a pioneer in variable rate loans since 1989 and one of America’s largest and most experienced loan managers.
Visit the Eaton Vance Senior Floating-Rate Trust Profile for more information.
About the New York Stock Exchange
The New York Stock Exchange is the world’s largest stock exchange in terms of market value with over $ 26 trillion. It’s also the leader in initial public offerings, with $ 82 billion raised in 2020, including six of the seven biggest tech deals. 63% of PSPC proceeds in 2020 were raised on the NYSE, including the six biggest deals.
To get more information about Eaton Vance Senior Floating-Rate Trust and keep up with the latest company updates, you can visit the company profile page here: Eaton Vance Senior Floating-Rate Trust’s Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.
Sources: The chart is provided by TradingView based on 15 minute lag prices. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.
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