Eaton Vance Floating-Rate Income Trust was established as a Massachusetts Business Trust on April 28, 2004. The Trust is a diversified, closed-end management investment company that commenced operations on June 29, 2004. The Trust provides investors with the opportunity to receive a high level of current income, through a professionally managed investment portfolio, primarily investing in senior secured floating rate loans (" Senior Loans "), which are generally only accessible to financial institutions and large corporations and institutional investors and are not widely available to individual investors. To the extent that this goal is met, trusts can also provide opportunities to protect capital. 

Eaton Vance Floating-Rate Income Trust has raised its monthly dividend to $0.071 per share, a 4.4% increase from the previous dividend of $0.068. The new dividend is payable on September 30, for shareholders of record on September 15, and ex-dividend on September 15. The forward yield is 7.98%.

Eaton Vance Floating-Rate Income

Eaton Vance Floating-Rate Income Trust Boosts Dividend to $0.071/Share

, an El Segundo, California-based company, has announced that Austin Spiegel, one of its co-founders, has been named as its new CEO <a href="https://www.linkedin.com/in/austin-spiegel">according to company announcements</a>. Spiegel, who has been associated with the company since its inception in 2011, brings over a decade of leadership experience to the role <a href="https://www.linkedin.com/in/austin-spiegel">as detailed in his professional profile</a>. His appointment follows a strategic review of the company's leadership structure and succession planning.Spiegel's background includes a focus on innovation and operational efficiency, which aligns with Sift's ongoing efforts to expand its market presence and refine its product offerings. Prior to assuming the CEO role, Spiegel held key leadership positions within the company, <a href="https://www.linkedin.com/in/austin-spiegel">contributing to its growth and development</a> over the years.The transition is expected to be seamless, with Spiegel stepping into the role as the company continues to navigate evolving market conditions and competitive dynamics. No immediate changes to the company's strategic direction or financial outlook have been disclosed. Investors are advised to monitor Sift's upcoming quarterly reports for further insights into its performance and long-term objectives.<img src="https://cdn.ainvest.com/aigc/hxcmp/images/compress-1c833b1a905ed001.png" alt="Sift names co-founder Austin Spiegel as CEO">

Sift names co-founder Austin Spiegel as CEO

Eaton Vance Floating-Rate Income Trust (EFT) has seen lower payouts due to downward trending interest rates. The fund has been downgraded from hold to sell. Despite its history of steady returns and low risk, EFT no longer makes sense to stay invested in. Investors should consider alternative options for their portfolios.The Eaton Vance Floating-Rate Income Trust (EFT) has experienced reduced payouts as interest rates continue to decline, prompting analysts to downgrade the fund from "hold" to "sell." While EFT has historically delivered steady returns with relatively low risk, its performance has become less compelling in the current low-rate environment. With the Federal Reserve having cut rates three times in 2025, including a 25 basis point reduction at year-end, <a href="https://finance.yahoo.com/news/rate-cuts-3-income-etfs-120400711.html">the broader market is adjusting</a> to a new landscape where traditional fixed-income strategies face challenges.Investors who previously relied on EFT for stable income may now want to explore alternative options that are better positioned to thrive in a low-rate setting. Exchange-traded funds (ETFs) focused on dividend stocks, real estate, and corporate bonds have emerged as viable alternatives. For example, the Vanguard High Dividend Yield ETF (VYM) offers a 2.43% yield with a low expense ratio of 0.06%, while <a href="https://finance.yahoo.com/news/rate-cuts-3-income-etfs-120400711.html">the Vanguard Real Estate ETF (VNQ) provides</a> a 3.94% yield and broad exposure to real estate investment trusts (REITs). Additionally, <a href="https://finance.yahoo.com/news/rate-cuts-3-income-etfs-120400711.html">the Vanguard Intermediate-Term Corporate Bond ETF (VCIT) delivers</a> a 4.58% yield with minimal fees and strong passive income potential.As the market continues to evolve, investors are encouraged to reassess their fixed-income allocations and consider more dynamic strategies that align with current economic conditions.<img src="https://cdn.ainvest.com/aigc/hxcmp/images/compress-1c6e8c6356552001.png" alt="Eaton Vance Floating-Rate Income Trust: No Longer a Hold Due to Lower Payouts">

Vanguard High Dividend Yield ETF

Vanguard Intermediate-Term Corporate Bond ETF

Vanguard Real Estate ETF

Eaton Vance Floating-Rate Income Trust: No Longer a Hold Due to Lower Payouts

Eaton Vance Floating-Rate Income Trust (EFT) has declared a dividend of $0.086. The dividend is payable on January 15, 2023, for shareholders of record on December 30, 2022, and ex-dividend on December 30, 2022.

Eaton Vance Floating-Rate Income Trust Announces Dividend of $0.086

Eaton Vance Floating-Rate Income Trust declared an early monthly distribution of $0.0860 per share, with a closing market price of $11.24 and a distribution rate of 9.18%. The declaration, record, and payment dates for the regular January distribution have been accelerated to meet federal excise tax requirements. The fund intends to declare its next regular monthly distribution at the beginning of February 2026.<img src="https://cdn.ainvest.com/aigc/hxcmp/images/compress-1bc8f0c6b21ce001.png" alt="Eaton Vance Floating-Rate Income Trust Announces Early Monthly Distribution">

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