EFT

Eaton Vance Floating Rate Income Trust is a closed-end investment fund that invests primarily in floating rate loans and other floating rate securities. The fund's objective is to provide a high level of current income while maintaining stability of principal through investments whose interest rates adjust periodically. The portfolio consists mainly of senior, secured corporate loans with floating interest rates tied to benchmark rates like SOFR or LIBOR. The fund is managed by Eaton Vance Management and may employ leverage to enhance returns.