Eaton Vance Floating-Rate Income Trust is a US-based company operating in industry. The company is headquartered in Boston, Massachusetts. The company went IPO on 2004-06-25. Eaton Vance Floating-Rate Income Trust (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of current income. As a secondary objective, the Fund seeks preservation of capital to the extent consistent with its primary goal of high current income. The Fund invest at least 80% of its total assets in Senior Loans of domestic and foreign borrowers that are denominated in United States (U.S.) dollars or in euros, British pounds, Swiss francs, Canadian dollars and Australian dollars. The Fund invests in a range of sectors, including electronics/electrical, business equipment and services, health care, automotive, industrial equipment, chemicals, and plastics, building and development, oil and gas, radio and television, aerospace and defense, industrial equipment, lodging and casinos, telecommunications, steel, entertainment, auto components and others. The Fund's investment advisor is Eaton Vance Management.
Based on 8 analysts giving stock ratings to EFT, updated on Mar 01, 2025
Sell
Strong buy
0
Buy
0
Hold
3
Sell
4
Strong sell
1
Based on comprehensive analyst evaluations, we have synthesized critical insights from expert assessments to outline a cautious outlook for EFT. Analysts note deteriorating fundamentals and challenging market sentiment, indicating potential downside risks in the near term. Following this expert analysis, we adopt a bearish stance on this stock. Our conclusion: EFT is a Sell candidate.
EFT stock price ended at $10.85 on Thursday, after rising 0.46%
On the latest trading day Aug 06, 2026, the stock price of EFT rose by 0.46%, climbing from $10.79 to $10.85. Throughout the session, the stock experienced a volatility of 0.83%, with prices fluctuating between a daily low of $10.78 and a high of $10.87. Alongside this price increase, trading volume also rose by 93.4K shares, reflecting strong market interest that may signal continued bullish momentum in the near term. In total, 177.0K shares were traded, amounting to a market value of approximately $288.3M.
EFT Technical Signals
Technical Signals Summary
Buy Signals 2
Neutral Signals 1
Sell Signals 4
Strong Sell
Sell
Neutral
Buy
Strong Buy
EFT currently exhibits 2 buy signals and 4 sell signals. The stock has been in an uptrend since 12:00 AM, with a total price change of 2.07% during this period. Overall, the technical indicators point to a Sell outlook for the mid-term.
Bullish/Bearish Signals for EFT
Our algorithms analyze key indicators like moving averages, RSI, MACD, and trading volume to generate bullish and bearish signals for EFT. These insights help you make informed investment decisions.
Follow-Up Questions
How do technical analysis indicators apply to EFT?
According to technical analysis, Eaton Vance Floating-Rate Income Trust has an aggregate signal of Sell. Eaton Vance Floating-Rate Income Trust has 2 Buy signals, 1 Neutral Signals and 4 sell signals.
What are the Fibonacci retracement levels for EFT?
The Fibonacci retracement level for Eaton Vance Floating-Rate Income Trust is between 0% and 23.6%
What is the RSI for Eaton Vance Floating-Rate Income Trust?
The RSI for Eaton Vance Floating-Rate Income Trust is currently 74.32, indicating a overbought condition
What is Eaton Vance Floating-Rate Income Trust price for the next 12 months?
Eaton Vance Floating-Rate Income Trust EFT price for the next 12 months is estimated at $0.
How high is Eaton Vance Floating-Rate Income Trust expected to go?
According to wall street analysts, Eaton Vance Floating-Rate Income Trust is expected to reach a high forecast of $0.