Closed-end management investment company investing in floating-rate loans and other floating-rate debt securities.
Eaton Vance Floating-Rate Income Trust operates as a closed-ended fixed income mutual fund under the management of Eaton Vance Management. Specializing in the fixed income markets of the United States, the fund strategically invests in a variety of fixed income securities across different sectors. Its primary focus lies in senior, secured floating rate loans, which are designed to provide income while mitigating interest rate risk. To gauge its performance, the fund benchmarks against the S&P/LSTA Leveraged Loan Index, reflecting its commitment to achieving competitive returns within its investment strategy.
Established on June 29, 2004, Eaton Vance Floating-Rate Income Trust has solidified its presence in the financial markets as a trusted investment vehicle domiciled in the United States. Its management by Eaton Vance Management underscores a dedication to leveraging expertise in fixed income securities to meet the financial objectives of its investors. By targeting senior secured loans, the fund aligns its investment approach with the goal of delivering stable income streams amidst fluctuating market conditions, making it a viable option for those seeking conservative yet potentially rewarding investment opportunities.
As part of Eaton Vance's portfolio of investment offerings, Eaton Vance Floating-Rate Income Trust continues to play a pivotal role in providing investors access to diversified fixed income assets. Its structured approach to investment management and adherence to rigorous performance benchmarks reflect its commitment to transparency and investor confidence in navigating the complexities of the fixed income market.