Yahoo Finance

BOSTON, December 20, 2024--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (the "Fund") announced a distribution today as detailed below.

The declaration, record and payment dates of the regular January distribution has been accelerated to allow the Fund to meet its 2024 distribution requirements for federal excise tax purposes. The Fund expects to declare its next regular monthly distribution at the beginning of February 2025 for payment in February 2025.

The Fund intends to make regular monthly cash distributions to its common shareholders (stated in terms of a fixed cents per common share dividend distribution rate). The Fund’s ability to maintain its declared distribution amount will depend on a number of factors, including the amount and stability of investment income earned by the Fund; the performance of the Fund’s investments; the Fund’s expenses, including the cost of financing for Funds that employ leverage; underlying market conditions; realized and projected returns; and other factors. There can be no assurance that an unanticipated change in market conditions or other factors will not result in a change in a Fund’s distributions at a future time.

Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of any monthly distribution. The Fund’s distributions may be comprised of amounts characterized for U.S. federal income tax purposes as tax-exempt income, qualified and non-qualified ordinary dividends, capital gains and non-dividend distributions, also known as return of capital. A Fund may distribute more than its net investment income and net realized capital gains and, therefore, a distribution may include a return of capital. With each distribution, a Fund will issue a notice to its common shareholders containing information about the amount and sources of the distribution and other related information. Further information regarding Fund distributions will also be available prior to any applicable payment date at funds.eatonvance.com. The final determination of tax characteristics of each Fund’s distributions will occur after the end of the year, at which time it will be reported to the shareholders. Shareholders should not assume that the source of any distribution from a Fund is net income or profit, and the Fund’s distributions should not be used as a measure of performance or confused with "yield" or "income."