EFT

EATON VANCE FLTNG RT INC TR

A closed-end investment fund that pools money to buy senior, secured floating-rate loans — corporate loans whose interest payments rise and fall with benchmark rates like SOFR — aiming to pay out steady current income. It is managed by Eaton Vance, a Boston money manager whose name comes from the 1979 merger of two old investment firms, Eaton & Howard and Vance, Sanders & Company. The trust itself launched in 2004, while its parent's roots reach back to 1924.

Closed-end fund investing in US floating rate fixed income securities, objective to provide high current income