January 26, 2015 8:31 PM ET

Capital Markets

Company Overview of Eaton Vance Floating-Rate Income Trust

Company Overview

Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It invests in fixed income securities operating across diversified sectors. The fund primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Eaton Vance Floating-Rate Income Trust was formed on June 29, 2004 and is domiciled in the United States.

Two International Place

Boston, MA 02110

United States

Founded in 2004

Phone:

617-482-8260

Fax:

617-338-8054

Key Executives for Eaton Vance Floating-Rate Income Trust

Chief Executive Officer
Age: 55
Principal Financial Officer and Principal Accounting Officer
Age: 57
Chief Legal Officer
Age: 54
Treasurer
Age: 47
Vice President
Age: 58
Compensation as of Fiscal Year 2014.

Eaton Vance Floating-Rate Income Trust Key Developments

Eaton Vance Floating-Rate Income Trust Reports Earnings Results for the Second Quarter and Six Months Ended November 30, 2014

Eaton Vance Floating-Rate Income Trust reported earnings results for the second quarter and six months ended November 30, 2014. The Fund had net investment income of $8,849,024 or $0.222 per common share. The net investment income includes a deduction of $335,587 ($0.009 per common share) representing interest expense paid on Variable Rate Term Preferred Shares (VRTP Shares). In comparison, for the three months ended November 30, 2013, the Fund had net investment income of $8,933,511 ($0.224 per common share). The net investment income includes a deduction of $334,363 ($0.008 per common share) representing interest expense paid on VRTP Shares. Net realized and unrealized losses for the three months ended November 30, 2014 were $11,374,709 ($0.285 per common share). In comparison, net realized and unrealized gains for the three months ended November 30, 2013 were $4,542,395 ($0.120 per common share). For the six months ended November 30, 2014, the Fund had net investment income of $17,450,499 ($0.438 per common share). The net investment income includes a deduction of $671,658 ($0.017 per common share) representing interest expense paid on VRTP Shares. For the six months ended November 30, 2013, the Fund had net investment income of $18,093,034 ($0.454 per common share). The net investment income includes a deduction of $676,578 ($0.017 per common share) representing interest expense paid on VRTP Shares. The Fund's net realized and unrealized losses for the six months ended November 30, 2014 were $15,049,457 ($0.377 per common share). The Fund's net realized and unrealized losses for the six months ended November 30, 2013 were $2,867,172 ($0.066 per common share). The net asset value per common share on November 30, 2014 was $15.70 based on 39,863,690 common shares outstanding.

Eaton Vance Floating-Rate Income Trust Declares Monthly Distribution, Payable on January 13, 2015

Eaton Vance Floating-Rate Income Trust declared monthly distribution of $0.0750 per share. The dividend will be payable on January 13, 2015 with the record date of December 30, 2014. Ex-dividend date is December 26, 2014.

Eaton Vance Floating-Rate Income Trust Declares Monthly Distribution, Payable on December 31, 2014

Eaton Vance Floating-Rate Income Trust declared monthly distribution of $0.0750, payable on December 31, 2014 to the shareholders of record December 24, 2014 with ex-dividend as December 12, 2014.

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