Eaton Vance Floating-Rate Income Trust (EFT) Stock

The Eaton Vance Floating-Rate Income Trust offers a 9.27% yield, but its yield is lower than similar funds, reducing its attractiveness for income-focused investors. The fund's income is pressured by declining Secured Overnight Financing Rates, likely leading to a distribution cut and disappointing future performance. The fund employs significant leverage (35.10%), making it more volatile than peers, but its net asset value has remained stable.

Closed-end funds offer a stable asset base and can invest in illiquid assets due to their fixed share structure. Reaves Utility Income Fund focuses on utilities, uses leverage, and has a strong historical return, making its 7% managed distribution sustainable. Eaton Vance Floating-Rate Income Trust invests in floating-rate senior loans, prioritizes high income, and currently covers its distribution with net investment income.

Eaton Vance Floating-Rate Income Trust generates income through debt securities with floating interest rates, offering higher yields than traditional bonds due to the inverted yield curve. The EFT closed-end fund boasts a 10.53% yield, slightly lower than peers, with a stable share price and focus on current income. The fund appears to be reducing its American allocation, which makes no sense following developed market central banks beginning a cutting cycle.

The Eaton Vance Floating-Rate Income Trust offers a high yield of 10.80%, which is higher than most investment-grade or junk bond funds. 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. The fund's distribution has been inconsistent over the years, but this is natural since the fund's income varies with interest rates.

The Eaton Vance Floating-Rate Income Trust offers a high yield of 11.15% due to short-term interest rates being higher than long-term rates. The fund's share price performance has been modest compared to the Bloomberg U.S. Aggregate Bond Index, but its stability and high yield make it attractive. The fund's diverse portfolio and stability make it a potential hedge against volatility in the bond market, appealing to risk-averse investors.

The Eaton Vance Floating-Rate Income Trust offers a high level of current income with a yield of 11.48%. The EFT closed-end fund has performed well compared to the S&P 500 Index, delivering a 1.42% total return over the past two months. The EFT fund primarily invests in floating-rate debt securities, which can perform well in a rising interest-rate environment.

The pervasive inflation in the U.S. has led to declining real wages and strained household budgets, driving people to seek extra sources of income. Eaton Vance Floating-Rate Income Trust is a closed-end fund that specializes in generating income through investing in floating-rate debt securities. The EFT fund's portfolio primarily consists of floating-rate bank loans, providing diversification and low default risk, and has outperformed the aggregate bond index over the past year.