Eaton Vance Floating-rate Income Trust (NYSE:EFT): Institutional Investor Sentiment Down to 1

Sentiment for Eaton Vance Floating-rate Income Trust (NYSE:EFT)

Eaton Vance Floating-rate Income Trust (NYSE:EFT) institutional sentiment decreased to 1 in 2019 Q1. Its down -0.33, from 1.33 in 2018Q4. The ratio has dropped, as 27 hedge funds started new and increased positions, while 27 sold and reduced their stock positions in Eaton Vance Floating-rate Income Trust. The hedge funds in our partner’s database reported: 10.70 million shares, down from 11.08 million shares in 2018Q4. Also, the number of hedge funds holding Eaton Vance Floating-rate Income Trust in their top 10 positions decreased from 1 to 0 for a decrease of 1. Sold All: 8 Reduced: 19 Increased: 18 New Position: 9.

Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The company has market cap of $538.96 million. The fund invests in fixed income markets of the United States. It has a 20.7 P/E ratio. It invests in fixed income securities operating across diversified sectors.

The stock increased 0.07% or $0.01 during the last trading session, reaching $13.52. About 69,886 shares traded. Eaton Vance Floating-Rate Income Trust (NYSE:EFT) has declined 8.62% since July 14, 2018 and is downtrending. It has underperformed by 13.05% the S&P500.

Intersect Capital Llc holds 1.78% of its portfolio in Eaton Vance Floating-Rate Income Trust for 320,565 shares. Mariner Investment Group Llc owns 67,602 shares or 1.2% of their US portfolio. Moreover, Symphony Asset Management Llc has 1.2% invested in the company for 353,668 shares. The Massachusetts-based Marble Harbor Investment Counsel Llc has invested 1.1% in the stock. Rivernorth Capital Management Llc, a Illinois-based fund reported 1.05 million shares.

More notable recent Eaton Vance Floating-Rate Income Trust (NYSE:EFT) news were published by: Cnbc.com which released: “New ‘insane’ ETF proposal for bitcoin generates worry on Wall Street – CNBC” on January 08, 2018, also Benzinga.com with their article: “AdvisorShares Eyes Marijuana ETF Listing – Benzinga” published on January 30, 2019, Businesswire.com published: “First Data Acquires Software Express, Brazil’s Leading EFT Solution Provider – Business Wire” on March 12, 2019. More interesting news about Eaton Vance Floating-Rate Income Trust (NYSE:EFT) were released by: Zacks.com and their article: “Top ETF Trends for 2019 – Zacks.com” published on January 24, 2019 as well as Seekingalpha.com‘s news article titled: “Which Marijuana ETF Is Best For You? – Seeking Alpha” with publication date: March 02, 2018.

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