Is Eaton Vance Floating-Rate Income Trust (EFT) a Buy, Sell, or Hold?
NYSE : EFT
Eaton Vance Floating-Rate Income Trust — News
$10.76 USD
$0.07 (0.65%)
- Volume
- 130.22K
- Average Volume
- 83.63K
- Market Capitalization
- $285.98M
- P/E Ratio
- 17.13
- Dividend Yield
- 8.80%
- Price Target
- Year High
- $12.46
- Year Low
- $10.34
- Day High
- —
- Day Low
- —
- Payout Ratio
- $1.91
- Current Ratio
- $0.64
| Source | Headline |
|---|---|
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Euronet Q1 Earnings Beat Estimates on EFT Processing Unit's Strength
EEFT tops Q1 EPS and revenue estimates, but rising expenses weigh on income as segment performance remains mixed. zacks.com - 2026-05-01 10:11:19 |
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Income-Covered Closed-End Fund Report, April 2026: EFR And EFT Remain Attractive
Eaton Vance Senior Floating-Rate Trust leads income-covered CEFs, offering an -11.49% discount, 7.79% yield, and 104% coverage with a -1.5 z-score. EFR and EFT utilize variable distribution policies, closely tracking SOFR, which aligns payouts with portfolio income and minimizes surprise distribution cuts. Discounts on floating-rate CEFs like EFR and EFT widen as distributions decline, creating contrarian opportunities for investors anticipating rate cycle reversals. seekingalpha.com - 2026-04-28 16:15:32 |
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EFT: No Longer Makes Sense To Stay Invested (Rating Downgrade)
Eaton Vance Floating-Rate Income Trust faces continued headwinds, with a deeper-than-average 10.46% discount to NAV reflecting market concerns. EFT's 7.6% yield appears attractive, but ongoing dividend reductions and declining net investment income signal risk of further payout cuts if rates fall. Leverage remains high at 35.33% of assets, amplifying both return potential and risk, especially in a costly debt environment. seekingalpha.com - 2026-04-27 07:38:31 |
