Eaton Vance Senior Floating-Rate Trust (EFR) Major Shareholder Buys $32,809.54 in Stock

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) major shareholder Group Ag Ubs purchased 2,518 shares of the company’s stock in a transaction that occurred on Monday, January 7th. The stock was bought at an average cost of $13.03 per share, for a total transaction of $32,809.54. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Group Ag Ubs also recently made the following trade(s):

  • On Friday, January 4th, Group Ag Ubs purchased 111,000 shares of Eaton Vance Senior Floating-Rate Trust stock. The stock was bought at an average cost of $12.88 per share, for a total transaction of $1,429,680.00.
  • On Wednesday, January 2nd, Group Ag Ubs purchased 114,781 shares of Eaton Vance Senior Floating-Rate Trust stock. The stock was bought at an average cost of $12.75 per share, for a total transaction of $1,463,457.75.

Shares of NYSE EFR opened at $13.10 on Friday. Eaton Vance Senior Floating-Rate Trust has a one year low of $12.01 and a one year high of $14.95.

The firm also recently disclosed a special dividend, which was paid on Thursday, January 10th. Shareholders of record on Friday, December 28th were given a dividend of $0.078 per share. The ex-dividend date of this dividend was Thursday, December 27th. This represents a yield of 6.84%.

A number of hedge funds and other institutional investors have recently made changes to their positions in EFR. Bank of America Corp DE boosted its position in Eaton Vance Senior Floating-Rate Trust by 25.4% during the 2nd quarter. Bank of America Corp DE now owns 731,464 shares of the company’s stock worth $10,511,000 after acquiring an additional 148,141 shares during the period. Centaurus Financial Inc. acquired a new stake in Eaton Vance Senior Floating-Rate Trust during the 2nd quarter worth about $320,000. IFP Advisors Inc boosted its position in Eaton Vance Senior Floating-Rate Trust by 11.9% during the 3rd quarter. IFP Advisors Inc now owns 132,482 shares of the company’s stock worth $1,863,000 after acquiring an additional 14,095 shares during the period. Synovus Financial Corp boosted its position in Eaton Vance Senior Floating-Rate Trust by 9.7% during the 3rd quarter. Synovus Financial Corp now owns 46,617 shares of the company’s stock worth $656,000 after acquiring an additional 4,104 shares during the period. Finally, Private Advisor Group LLC acquired a new stake in Eaton Vance Senior Floating-Rate Trust during the 3rd quarter worth about $242,000.

A number of equities analysts recently weighed in on the company. Noble Financial reissued an “average” rating on shares of Eaton Vance Senior Floating-Rate Trust in a research note on Thursday, November 8th. HC Wainwright restated a “buy” rating on shares of Eaton Vance Senior Floating-Rate Trust in a research report on Tuesday, November 6th.

TRADEMARK VIOLATION NOTICE: This news story was reported by WKRB News and is the property of of WKRB News. If you are accessing this news story on another domain, it was stolen and republished in violation of international copyright and trademark laws. The original version of this news story can be read at https://www.wkrb13.com/2019/01/11/eaton-vance-senior-floating-rate-trust-efr-major-shareholder-buys-32809-54-in-stock.html.

Eaton Vance Senior Floating-Rate Trust Company Profile

Eaton Vance Senior Floating-Rate Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index.

Further Reading: Certificate of Deposit (CD) For Risk Adverse Investors?

Receive News & Ratings for Eaton Vance Senior Floating-Rate Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Senior Floating-Rate Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply