Wolverine Asset Management LLC Buys Shares of 24,719 Eaton Vance Senior Floating-Rate Trust (NYSE:EFR)

Wolverine Asset Management LLC purchased a new position in shares of Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 24,719 shares of the company’s stock, valued at approximately $315,000.

Several other institutional investors and hedge funds also recently made changes to their positions in EFR. Avantax Advisory Services Inc. boosted its position in Eaton Vance Senior Floating-Rate Trust by 5.0% during the 1st quarter. Avantax Advisory Services Inc. now owns 22,599 shares of the company’s stock worth $294,000 after buying an additional 1,075 shares during the period. Garner Asset Management Corp lifted its holdings in shares of Eaton Vance Senior Floating-Rate Trust by 1.6% during the second quarter. Garner Asset Management Corp now owns 69,398 shares of the company’s stock worth $908,000 after purchasing an additional 1,096 shares during the period. Oppenheimer & Co. Inc. grew its stake in shares of Eaton Vance Senior Floating-Rate Trust by 5.1% in the first quarter. Oppenheimer & Co. Inc. now owns 23,840 shares of the company’s stock worth $311,000 after purchasing an additional 1,156 shares during the last quarter. Verity Asset Management Inc. increased its holdings in Eaton Vance Senior Floating-Rate Trust by 1.1% in the first quarter. Verity Asset Management Inc. now owns 109,367 shares of the company’s stock valued at $1,425,000 after purchasing an additional 1,223 shares during the period. Finally, Financial Advocates Investment Management raised its position in Eaton Vance Senior Floating-Rate Trust by 1.3% during the 2nd quarter. Financial Advocates Investment Management now owns 96,914 shares of the company’s stock worth $1,268,000 after purchasing an additional 1,225 shares during the last quarter.

Eaton Vance Senior Floating-Rate Trust Stock Up 0.3 %

Shares of EFR opened at $12.89 on Thursday. The stock’s 50-day moving average price is $12.73 and its two-hundred day moving average price is $12.93. Eaton Vance Senior Floating-Rate Trust has a 12 month low of $12.07 and a 12 month high of $13.40.

Eaton Vance Senior Floating-Rate Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be paid a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 9.31%. The ex-dividend date is Thursday, November 21st.

Eaton Vance Senior Floating-Rate Trust Profile

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.