EFT: Solid Senior Loan Fund, Even Though It Overpays Significantly [Seeking Alpha]
Eaton Vance Floating Rate Income Trust Common Shares of Beneficial Interest (EFT)
US:NYSE Investor Relations:
funds.eatonvance.com/floating-rate-income-trust-eft.php
Company Research
Source: Seeking Alpha
EFT employs 34.3% leverage, sourced from $119M borrowings and $80M preferred shares, impacting its expense structure and risk profile. We examine the current setup and give you our take. Olga Yastremska/iStock via Getty Images Eaton Vance Floating-Rate Income Trust ( EFT ) began operations around the end of 2004 and currently holds around $333 million in net assets. Their gross assets are closer to $515 million and the difference between the two is due to leverage ($119M million borrowings More on my IG service Are you looking for Real Yields which reduce portfolio volatility? Conservative Income Portfolio targets the best value stocks with the highest margins of safety. The volatility of these investments is further lowered using the best priced options . Our Enhanced Equity Income Solutions Portfolio is designed to reduce volatility while generating 7-9% yields. Our performance relative to a 60:40 benchmark, can be seen below. This article was written by Analyst's D
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