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Fitch: Eaton Vance Floating-Rate Income Trust APS Paid in Full

  Fitch: Eaton Vance Floating-Rate Income Trust APS Paid in Full

Business Wire

NEW YORK -- February 15, 2013

Fitch Ratings notes that all series of Auction Preferred Shares (APS) issued
by Eaton Vance Floating-Rate Income Trust (NYSE: EFT), a closed-end management
investment company sponsored and managed by Eaton Vance Management, are paid
in full as of Jan 04, 2013.

EFT utilized net proceeds from its recent issuance of variable rate term
preferred shares (VRTP) to facilitate the redemption. The fund's leverage
amount is substantially unchanged from prior to the VRTP issuance and the APS
redemption.

EFT is a diversified, closed-end management investment company registered
under the Investment Company Act of 1940, as amended and commenced operations
in June 2004.

Eaton Vance Management, a subsidiary of Eaton Vance Corp., acts as the
investment adviser to the fund. As of Oct. 31, 2012 Eaton Vance Corp. and
affiliates managed approximately $199.5 billion in assets.

For additional information about Fitch closed-end fund ratings guidelines,
please review the criteria referenced below, which can be found on Fitch's
website.

Additional information is available at 'www.fitchratings.com'. The ratings
above were solicited by, or on behalf of, the issuer, and therefore, Fitch has
been compensated for the provision of the ratings.

The sources of information used to assess this rating were the public domain
and Eaton Vance.

Applicable Criteria and Related Research:

--'Rating Closed-End Fund debt and Preferred Stock' (Aug. 15, 2012).

Applicable Criteria and Related Research:

Rating Closed-End Fund Debt and Preferred Stock

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=686101

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS.
PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK:
HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING
DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S
PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND
METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF
CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL,
COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM
THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

Contact:

Fitch Ratings
Primary Analyst
Ian Rasmussen
Senior Director
+1-212-908-0232
Fitch Ratings, Inc.
One State Street Plaza
New York, NY 10004
or
Secondary Analyst
Yuriy Layvand
Associate Director
+1-212-908-9191
or
Media Relations
Brian Bertsch
+1-212-908-0549
brian.bertsch@fitchratings.com
 
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