Eaton Vance Fund Announces Early Monthly Distribution Details

Eaton Vance Floating-Rate Income Trust Announces Distribution

Eaton Vance Floating-Rate Income Trust, often referred to as the Fund, has recently communicated its monthly distribution plan. This proactive approach demonstrates the Fund's commitment to its shareholders and its management practices.

Details of the Monthly Distribution

The Fund has shared the following essential information regarding its upcoming distribution:

Key Dates

The critical declaration, record, and payment dates for the recent distribution have been adjusted to ensure that the Fund meets specific distribution requirements effectively. The new timeline is as follows:

• Declaration: An announcement on the revised distribution schedule.
• Record Date: A date by which shareholders are eligible to receive the distribution.
• Payable Date: When the distribution will be paid to shareholders.

The Fund’s regular January distribution has been accelerated in this cycle, marking a strategic choice that aligns with its federal excise tax obligations for the upcoming year.

Financial Overview

The monthly distribution amount has been set at $0.1030 per share, reflecting the Fund's ongoing efforts to provide value to its common shareholders. On December 19, 2024, the closing market price for the shares was $13.37, which corresponds to a distribution rate of approximately 9.24% at that price.

Factors Influencing Distribution Rates

The ability of the Fund to sustain its distribution amount is influenced by several factors, including:

• The stability and amount of income generated from investments.
• The performance of the investments held by the Fund.
• Expenses incurred, which include financing costs for leveraged funds.
• Overall market conditions and expected returns.

Due to the volatility of market conditions, there is no guarantee that the amount of future distributions will remain stable.

Understanding the Nature of Distributions

Shareholders should be mindful that the distribution amounts do not necessarily reflect the Fund’s overall investment performance. The distributions can consist of various components, including tax-exempt income, dividends, capital gains, and distributions that represent a return of capital.

Each time a distribution is made, a detailed notice will be provided to shareholders, outlining the distribution's amount and its sources, ensuring transparency in communications.

Overview of Eaton Vance Investment Strategy

Eaton Vance employs a rigorous fundamental analysis for managing its diverse portfolios, which include equity, income, alternative, and multi-asset strategies. The investment teams adhere to proven investment principles, focusing on risk and tax management, while striving for stable long-term returns. Being a part of Morgan Stanley Investment Management, Eaton Vance benefits from a wide reach in the global capital markets.

Risks Associated with Closed-End Funds

It is essential for potential investors to understand the risks involved in investing in closed-end funds like Eaton Vance Floating-Rate Income Trust. These shares often trade at a discount to their net asset value, leading to varying market prices based on supply and demand. Key factors influencing this include:

• Distribution rates compared to similar investment options.
• Market confidence, which affects investor sentiment and future expectations.
• Clarity and expectations regarding the Fund's investment strategy.

Investors should consider the investment objectives, risks, charges, and fees carefully before making any investment decisions. Each investor's situation is unique, and a proper evaluation can help in making informed choices about investing in such Funds.

Frequently Asked Questions

What is the recent monthly distribution amount for the Fund?

The Fund has set its monthly distribution at $0.1030 per share.

What key dates should shareholders be aware of?

Shareholders should note the declaration date, record date, and payable date for the upcoming distributions.

How does the Fund determine its distribution rates?

The rates depend on the income generated from investments, fund performance, and anticipated expenses.

What are the components of the Fund’s distributions?

Distributions may include tax-exempt income, dividends, capital gains, and potentially a return of capital.

How does Eaton Vance manage its investments?

Eaton Vance employs fundamental analysis and adheres to sound investment principles to achieve stable long-term returns.

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