Koshinski Asset Management Inc. Sells 1,173 Shares of Eaton Vance Senior Floating-Rate Trust (NYSE:EFR)

Koshinski Asset Management Inc. reduced its stake in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) by 4.6% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 24,121 shares of the company’s stock after selling 1,173 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Eaton Vance Senior Floating-Rate Trust were worth $295,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in EFR. NBC Securities Inc. increased its holdings in Eaton Vance Senior Floating-Rate Trust by 118,650.0% in the 1st quarter. NBC Securities Inc. now owns 2,375 shares of the company’s stock valued at $29,000 after buying an additional 2,373 shares during the period. Dunhill Financial LLC acquired a new stake in shares of Eaton Vance Senior Floating-Rate Trust during the 4th quarter worth approximately $93,000. Focus Partners Wealth acquired a new stake in shares of Eaton Vance Senior Floating-Rate Trust during the 4th quarter worth approximately $179,000. Kane Investment Management Inc. bought a new position in Eaton Vance Senior Floating-Rate Trust in the fourth quarter valued at approximately $243,000. Finally, Wedbush Securities Inc. raised its position in Eaton Vance Senior Floating-Rate Trust by 35.3% during the fourth quarter. Wedbush Securities Inc. now owns 20,017 shares of the company’s stock valued at $256,000 after purchasing an additional 5,220 shares in the last quarter.

Eaton Vance Senior Floating-Rate Trust Stock Performance

NYSE EFR opened at $12.17 on Friday. The business has a fifty day moving average price of $11.92 and a two-hundred day moving average price of $12.34. Eaton Vance Senior Floating-Rate Trust has a fifty-two week low of $10.40 and a fifty-two week high of $13.38.

Eaton Vance Senior Floating-Rate Trust Increases Dividend

The firm also recently declared a — dividend, which will be paid on Thursday, July 31st. Stockholders of record on Tuesday, July 15th will be issued a dividend of $0.088 per share. The ex-dividend date is Tuesday, July 15th. This represents a dividend yield of 9.6%. This is a boost from Eaton Vance Senior Floating-Rate Trust’s previous — dividend of $0.05.

About Eaton Vance Senior Floating-Rate Trust

Eaton Vance Senior Floating-Rate Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index.