EFT (EFT)
Financial Services · NYQ
Fundamentals
Valuation and ratings
EFT trades at USD10.65, which is 18% below the USD12.56 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 55 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 22.2 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
EFT dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | USD0.431 | 6 |
| 2025 | USD1.08 | 12 |
| 2024 | USD1.35 | 12 |
| 2023 | USD1.39 | 12 |
| 2022 | USD1.09 | 14 |
| 2021 | USD0.793 | 11 |
| 2020 | USD0.774 | 12 |
| 2019 | USD1.02 | 12 |
| 2018 | USD0.857 | 12 |
| 2017 | USD0.821 | 12 |
| 2016 | USD0.898 | 12 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
About EFT
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.
EFT passes 4 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is EFT (EFT) undervalued?
Against our discounted cash flow estimate of USD12.56, EFT at USD10.65 is 18% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is EFT's P/E ratio?
EFT trades at 22.2 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does EFT (EFT) pay a dividend?
Yes. EFT yields 7.43% at the current share price. It has paid USD0.947 per share over the trailing twelve months. It has paid a dividend in each of the last 22 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.