Eaton Vance FloatingRate Incme Plus Fund (NYSE:EFF) to Issue Monthly Dividend of $0.09

Eaton Vance FloatingRate Incme Plus Fund (NYSE:EFF) declared a monthly dividend on Friday, November 1st, Zacks reports. Investors of record on Friday, November 22nd will be given a dividend of 0.085 per share on Friday, November 29th. This represents a $1.02 annualized dividend and a yield of 6.51%. The ex-dividend date of this dividend is Thursday, November 21st.

NYSE:EFF traded up $0.02 during mid-day trading on Tuesday, hitting $15.67. The company’s stock had a trading volume of 500 shares, compared to its average volume of 32,655. Eaton Vance FloatingRate Incme Plus Fund has a fifty-two week low of $13.89 and a fifty-two week high of $15.75. The stock has a fifty day moving average of $15.48 and a 200-day moving average of $15.21.

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In other news, major shareholder Saba Capital Management, L.P. acquired 39,943 shares of the company’s stock in a transaction dated Monday, October 14th. The stock was bought at an average price of $15.42 per share, with a total value of $615,921.06. Also, major shareholder Boaz Weinstein acquired 114,614 shares of the company’s stock in a transaction dated Wednesday, October 23rd. The shares were purchased at an average cost of $15.66 per share, with a total value of $1,794,855.24. Insiders purchased 340,253 shares of company stock valued at $5,311,328 in the last three months.

Eaton Vance FloatingRate Incme Plus Fund Company Profile

Eaton Vance Floating-Rate Income Plus Fund is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in fixed income markets across the globe. The fund primarily invests in senior, secured floating-rate loans of domestic and foreign borrowers that are denominated in U.S.

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Dividend History for Eaton Vance FloatingRate Incme Plus Fund (NYSE:EFF)

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