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EFT: A Good Floater Fund That Can Be A Hedge Against A 'No Rate Cut' Scenario [Seeking Alpha]
Eaton Vance Floating Rate Income Trust Common Shares of Beneficial Interest (EFT)
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Source: Seeking Alpha
US:NYSE Investor Relations: funds.eatonvance.com/floating-rate-income-trust-eft.php
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The EFT closed-end fund's portfolio consists mainly of floating-rate senior loans, which have higher yields than long-dated bonds in an inverted yield curve situation.
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