Eaton Vance FloatingRate Incme Plus Fund (NYSE:EFF) announced a monthly dividend on Friday, November 1st, Zacks reports. Shareholders of record on Friday, November 22nd will be paid a dividend of 0.085 per share on Friday, November 29th. This represents a $1.02 annualized dividend and a yield of 6.51%. The ex-dividend date is Thursday, November 21st.
EFF traded up $0.02 during trading on Tuesday, hitting $15.67. The company’s stock had a trading volume of 500 shares, compared to its average volume of 32,655. Eaton Vance FloatingRate Incme Plus Fund has a twelve month low of $13.89 and a twelve month high of $15.75. The business’s fifty day simple moving average is $15.48 and its 200 day simple moving average is $15.21.
In other Eaton Vance FloatingRate Incme Plus Fund news, major shareholder Saba Capital Management, L.P. acquired 39,943 shares of the company’s stock in a transaction on Monday, October 14th. The shares were bought at an average cost of $15.42 per share, with a total value of $615,921.06. Also, major shareholder Boaz Weinstein acquired 114,614 shares of the company’s stock in a transaction on Wednesday, October 23rd. The stock was acquired at an average cost of $15.66 per share, for a total transaction of $1,794,855.24. Over the last three months, insiders acquired 340,253 shares of company stock worth $5,311,328.
Eaton Vance Floating-Rate Income Plus Fund is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in fixed income markets across the globe. The fund primarily invests in senior, secured floating-rate loans of domestic and foreign borrowers that are denominated in U.S.
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