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Stock impact report

EFR: Lower Interest Rates Will Have Mixed Effects On This Fund [Seeking Alpha]

Eaton Vance Senior Floating-Rate Fund Common Shares of Beneficial Interest (EFR) 
Company Research Source: Seeking Alpha
EFR trades at a 9.7% discount to NAV, near a five-year low, reflecting market skepticism about its forward income prospects. With 91.5% allocation to floating rate securities and 95% below investment grade, EFR faces heightened credit and rate risk as rates fall. Distributions have trended downward; most returns are from income, not price appreciation, making EFR best suited for tax-advantaged accounts. alexsl/iStock via Getty Images Overview What I love about investing is that the stock market allows us to capitalize on nearly every sector and aspect of the macroeconomic environment. When interest rates were rising, Eaton Vance Senior Floating-Rate Trust ( This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (ot Show less Read more
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