Eaton Vance Floating-Rate Income Trust (EFT)
Managed by Eaton Vance Management, the Eaton Vance Floating-Rate Income Trust operates as a closed-end investment fund dedicated to fixed-income assets. Its primary investment focus is within the U.S. fixed income markets, specifically concentrating on senior, secured floating-rate loans across diverse sectors. The trust's financial performance is measured against the S&P/LSTA Leveraged Loan Index. It was established and commenced operations on June 29, 2004, and is based in the United States.
Industry: Asset Management - Income
Eaton Vance Floating-Rate Income Trust
NYSE:EFTFinancial Services · Asset Management - Income
+0.00%$10.43
AH Close$10.43+0.00%vs close
AH Close$10.43+0.00%vs close
Mkt Cap$277.21M
Float25.09M
O/S26.58M
Inst Own35.3%
SI0.1%
Div Yield8.55%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$16.89M
Net Income$6.76M
Total Assets$486.83M
Free Cash Flow$22.99M
Debt & Equity
Debt 32%
Equity 68%
Total Debt$148.5M
Total Equity$320.58M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in EFT's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$486.83M
Liabilities$166.25M
Accounts Receivable$12.78M
Accounts Payable$16.11M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 | 2015-05-31 | 2014-05-31 | 2013-05-31 |
| Revenue | $16.89M | $33.18M | $57.22M | $15.47M | -$12.23M | $91.27M | -$46.2M | $19.8M | $35.3M | $46.97M | $32.75M | $48.76M | $49.13M | $52.54M |
| YoY Growth | -49.1% | -42.0% | 269.8% | -226.5% | -113.4% | -297.6% | -333.3% | -43.9% | -24.9% | 43.4% | -32.8% | -0.8% | -6.5% | - |
| Cost of Revenue | $4.09M | $12.82M | $1.09M | $4.75M | -$43.49M | $50.04M | $7.09M | $7.48M | $7.51M | $7.36M | $7.38M | $0 | $0 | $0 |
| Gross Profit | $12.8M | $20.36M | $56.13M | $10.72M | $31.26M | $41.23M | -$53.28M | $12.31M | $27.78M | $39.62M | $25.37M | $48.76M | $49.13M | $52.54M |
| Gross Margin | 75.8% | 61.4% | 98.1% | 69.3% | -255.5% | 45.2% | 115.3% | 62.2% | 78.7% | 84.3% | 77.5% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | -$0 | $5 | -$2 | $0 | $0 | $0 | -$0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $719K | $802K | $542K | $589K | $906K | $577K | $771K | $801K | $7.99M | -$0 | $8.58M | $8.74M | $8.37M |
| Other | -$4.39M | $8K | $0 | -$11.4M | -$39.13M | $19K | $19K | $19K | $19K | $0 | $39.86M | $0 | $0 | $0 |
| Total Operating Expenses | -$4.39M | $727K | $817K | $551K | $608K | $925K | $596K | $790K | $820K | $25.93M | $48.73M | $28.67M | $17.45M | $15.47M |
| Operating Income (EBIT) | $17.19M | $19.63M | $52.2M | $44.37M | $25.75M | $33.7M | $43.86M | $46.09M | $43.93M | $77.51M | $41.62M | $40.18M | $40.38M | $44.17M |
| Operating Margin | 101.8% | 59.2% | 91.2% | 286.7% | -210.5% | 36.9% | -94.9% | 232.8% | 124.4% | 165.0% | 127.1% | 82.4% | 82.2% | 84.1% |
| Interest Expense | $10.46M | $12.82M | $13.99M | $10.8M | $4.08M | $5.09M | $10.26M | $12.31M | $9.45M | $4.95M | $3.12M | $2.21M | $2.09M | $1.37M |
| Interest Income | $39.43M | $48.63M | $54.55M | $48.22M | $30.54M | $40.1M | $48.88M | $52.29M | $47.97M | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$10.43M | -$12.85M | $3.12M | -$29.45M | -$56.33M | -$4.95M | -$39.71M | -$27.09M | -$6.54M | $0 | -$43.92M | -$22.3M | -$10.8M | $22.47M |
| Income Before Tax (EBT) | $6.76M | $19.63M | $55.32M | $14.92M | -$12.84M | $90.35M | -$46.79M | $19.01M | $34.48M | $70.47M | -$2.3M | $17.88M | $29.59M | $66.64M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $41.02M | $24.03M | $0 | $0 | $0 | $21.1M |
| Net Income | $6.76M | $19.63M | $55.32M | $14.92M | -$12.84M | $90.35M | -$46.79M | $19.01M | $34.48M | $70.47M | $3.2M | $17.88M | $29.59M | $67.1M |
| Net Income Margin | 40.0% | 59.2% | 96.7% | 96.4% | 105.0% | 99.0% | 101.3% | 96.0% | 97.7% | 150.0% | 9.8% | 36.7% | 60.2% | 127.7% |
| Supplementary Data | ||||||||||||||
| EPS | 0.25 | 0.74 | 2.11 | 0.51 | -0.44 | 2.27 | -1.17 | 0.48 | 0.87 | 1.77 | 0.08 | 0.45 | 0.74 | 1.85 |
| Diluted EPS | 0.25 | 0.74 | 2.11 | 0.51 | -0.44 | 2.27 | -1.17 | 0.48 | 0.87 | 1.77 | 0.08 | 0.45 | 0.74 | 1.85 |
| Weighted Average OS | 26.58M | 26.44M | 26.21M | 29.09M | 29.09M | 39.86M | 39.86M | 39.86M | 39.72M | 39.86M | 39.86M | 39.86M | 39.86M | 36.21M |
| EBITDA | $17.22M | $19.63M | $69.5M | $25.53M | $8.98M | $157.03M | -$87.47M | $18.91M | $34.38M | $70.47M | -$2.3M | $20.09M | $31.68M | $68.01M |
| EBITDA Margin | 102.0% | 59.2% | 121.5% | 165.0% | -73.4% | 172.0% | 189.3% | 95.5% | 97.4% | 150.0% | -7.0% | 41.2% | 64.5% | 129.4% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 | 2015-05-31 | 2014-05-31 | 2013-05-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $15.77M | $3.12M | $10.46M | $8.82M | $4.34M | $9.31M | $3.02M | $4.54M | $6.75M | $6.24M | $7.97M | $14.19M | $10.98M | $20.2M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9.16M | $9.88M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $15.77M | $3.12M | $10.46M | $8.82M | $4.34M | $9.31M | $3.02M | $4.54M | $6.75M | $15.4M | $17.85M | $14.19M | $10.98M | $20.2M |
| Accounts Receivable | $12.78M | $10.43M | $11.82M | $6.65M | $5.83M | $11.23M | $11.86M | $5.12M | $9.24M | $6.48M | $6.48M | $11.11M | $10.24M | $10.4M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$88K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$21.89M | -$24.34M | $57K | $316K | $283K |
| Total Current Assets | $28.56M | $13.63M | $22.37M | $15.61M | $10.45M | $20.95M | $15.52M | $10.01M | $16.45M | $12.77M | $14.79M | $25.36M | $21.54M | $30.89M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $452.15M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $966.34M | $896.68M | $991.32M | $1.02B | $1.06B |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $6.11M | $543.42M | $540.69M | $564.96M | $609.92M | $917.68M | $794.49M | $935.7M | $971.05M | $544K | $621K | $729K | $734K | $1.13M |
| Total Long-Term Assets | $458.27M | $543.42M | $540.69M | $564.96M | $609.92M | $917.68M | $794.49M | $935.7M | $971.05M | $966.88M | $897.3M | $992.05M | $1.02B | $1.06B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $486.83M | $557.05M | $563.06M | $580.57M | $620.37M | $938.63M | $810.01M | $945.72M | $987.5M | $979.65M | $912.09M | $1.02B | $1.04B | $1.09B |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $16.11M | $16.3M | $21.04M | $11.93M | $7.02M | $24.35M | $18.79M | $8.66M | $29.14M | $0 | $0 | $21.27M | $18.69M | $63.1M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $246M | $232M | $290M | $300M | $290M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.41M | $1.36M | $1.62M | $1.41M | $1.4M |
| Total Current Liabilities | $18.29M | $16.3M | $21.04M | $11.93M | $7.02M | $24.35M | $18.79M | $8.66M | $29.14M | $279.24M | $246.99M | $312.9M | $320.11M | $354.5M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $148.5M | $119M | $112M | $118M | $147M | $250M | $190M | $248M | $254M | $325.64M | $312M | $81.08M | $80.24M | $87.17M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $17.75M | $81.36M | $81.03M | $81.08M | $81.06M | $83.69M | $81.76M | $82.65M | $82.12M | -$246M | -$232M | -$81.08M | -$80.24M | -$87.17M |
| Total Long-Term Liabilities | $166.25M | $200.36M | $193.03M | $199.08M | $228.06M | $333.69M | $271.76M | $330.65M | $336.12M | $79.64M | $80M | $81.08M | $80.24M | $87.17M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $166.25M | $216.66M | $214.07M | $211.01M | $235.08M | $358.04M | $290.55M | $339.31M | $365.25M | $358.88M | $326.99M | $393.97M | $400.35M | $441.66M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $266K | $266K | $262K | $291K | $291K | $399K | $399K | $399K | $399K | $399K | $399K | $399K | $399K | $397K |
| Retained Earnings | -$114.66M | -$94.84M | -$81.31M | -$97.52M | -$81.83M | -$44.15M | -$105.32M | -$18.4M | $3.61M | -$74.55M | -$163.17M | -$126.68M | -$103.76M | -$98.71M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $434.97M | $434.97M | $430.03M | $466.78M | $466.83M | $624.34M | $624.39M | $624.4M | $618.23M | $694.93M | $747.87M | $749.72M | $744.44M | $745.15M |
| Total Equity | $320.58M | $340.39M | $348.99M | $369.56M | $385.3M | $580.59M | $519.46M | $606.41M | $622.24M | $620.77M | $585.1M | $623.44M | $641.08M | $646.84M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $486.83M | $557.05M | $563.06M | $580.57M | $620.37M | $938.63M | $810.01M | $945.72M | $987.5M | $979.65M | $912.09M | $1.02B | $1.04B | $1.09B |
| Supplementary Data | ||||||||||||||
| Total Debt | $148.5M | $119M | $112M | $118M | $147M | $250M | $190M | $248M | $254M | $325.64M | $312M | $371.08M | $380.24M | $377.17M |
| Net Debt | $132.73M | $115.88M | $101.54M | $109.18M | $142.66M | $240.69M | $186.98M | $243.46M | $247.25M | $319.4M | $304.03M | $356.88M | $369.26M | $356.96M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 | 2015-05-31 | 2014-05-31 | 2013-05-31 |
| Operating Activities | ||||||||||||||
| Net Income | $6.76M | $19.63M | $55.32M | $14.92M | -$12.84M | $90.35M | -$46.79M | $19.01M | $34.48M | $70.47M | -$2.3M | $17.88M | $29.59M | $66.64M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | $682K | $385K | $405K | -$1.85M | $725K | -$94K | -$251K | $536K | $34K | $1.65M | $308K | $49K | -$324K | -$241K |
| Inventory | $0 | $0 | $0 | $33K | $1.33M | -$1.23M | $109K | $1.41M | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$44K | $0 | -$24K | -$33K | -$1.33M | $1.23M | -$109K | -$1.42M | -$4.09M | -$18.43M | $55.31M | $0 | $0 | $0 |
| Other Working Capital | -$303K | $756K | $484K | $151K | -$3.85M | $3.11M | $922K | -$1.24M | -$471K | $999K | $474K | -$1.82M | $2.23M | -$281K |
| Total Working Capital Change | $335K | $1.14M | $865K | -$1.7M | -$3.13M | $3.02M | $671K | -$715K | -$432K | -$15.78M | $56.09M | -$1.77M | $1.91M | -$522K |
| Other Non-Cash Items | $15.9M | -$6.15M | $26.82M | $51.68M | $294.25M | -$115.41M | $143.93M | $19.46M | -$7.63M | -$18.36M | -$17.27M | $33M | -$15.75M | -$73.55M |
| Net Cash from Operating | $22.99M | $14.63M | $83M | $64.91M | $278.28M | -$22.05M | $97.81M | $37.75M | $26.41M | $19.56M | $92.14M | $49.11M | $15.75M | -$7.43M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$196.34M | $0 | -$150.1M | -$86.77M | -$361.42M | -$325.83M | -$288.33M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $267.77M | $0 | $192.83M | $122.4M | $613.75M | $278.99M | $348.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $71.43M | $0 | $0 | $35.63M | $252.33M | -$46.84M | $60.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | $52M | -$7M | $6M | $29M | $103M | -$60M | $58M | $6M | -$8M | - | - | - | - | - |
| Common Stock Issuance | $0 | $4.14M | $0 | $0 | $11.26M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | -$37.1M | $0 | -$165.75M | $0 | $0 | -$38K | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$26.58M | -$32.37M | -$38.79M | -$30.66M | -$27.96M | -$29.22M | -$40.15M | -$34.84M | -$33.01M | -$34.8M | -$36.04M | -$35.52M | -$38.04M | -$39.18M |
| Other Financing Activities | -$80K | -$80K | -$88K | -$142K | -$315K | -$435K | -$653K | -$252K | -$290K | $12.79M | -$58.43M | -$10.38M | $13.08M | $66.07M |
| Net Cash from Financing | -$78.66M | -$21.31M | -$81.97M | -$59.8M | -$285.77M | $30.34M | -$98.82M | -$41.17M | -$25.3M | -$22.01M | -$94.47M | -$45.9M | -$24.96M | $26.89M |
| Forex Effect | -$5.3M | $0 | $0 | -$35.63M | -$252.33M | $46.84M | -$60.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $10.47M | -$6.68M | $1.03M | $5.1M | -$7.49M | $8.3M | -$1.01M | -$3.42M | $1.11M | -$1.41M | -$6.22M | $3.21M | -$9.22M | $19.46M |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $22.99M | $14.63M | $83M | $64.91M | $278.28M | -$22.05M | $97.81M | $37.75M | $26.41M | $19.56M | $92.14M | $49.11M | $15.75M | -$7.43M |
| Capital Expenditure | -$3 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $22.99M | $14.63M | $83M | $64.91M | $278.28M | -$22.05M | $97.81M | $37.75M | $26.41M | $19.56M | $92.14M | $49.11M | $15.75M | -$7.43M |
| Cash at Beginning | $5.31M | $10.47M | $9.45M | $4.34M | $11.83M | $3.54M | $4.54M | $7.96M | $5.64M | $7.65M | $14.19M | $10.98M | $20.2M | $738K |
| Cash at End | $15.77M | $3.79M | $10.47M | $9.45M | $4.34M | $11.83M | $3.54M | $4.54M | $6.75M | $6.24M | $7.97M | $14.19M | $10.98M | $20.2M |