SABA CAPITAL MANAGEMENT, L.P. purchased 6.6% of their position (285.53K shares) of EATON VANCE FLOATING-RATE INCOME TRUST on the open market
Open‑market purchase worth $3.65M — a moderate purchase. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 10/21/2020ACC: 0001510281-20-000208
→
10% Owner
Since Oct 2020
+285.53K
Net shares
Net buyer
$3.65M
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
285.53K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+8.53K
Price / share
$12.75
Trade value
$108.73K
% of position
0.2%
10/19/2020
4.30M→4.31M
Common Stock
Indirect
Shares
+277K
Price / share
$12.77
Trade value
$3.54M
% of position
6.4%
10/20/2020
4.31M→4.58M
Total
Net shares
+285.53K
Net value
$3.65M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 10/19/2020 | P · Purchase | +8.53K | $12.75 | $108.73K | 0.2% | 4.30M | 4.31M |
| Common Stock Indirect | 10/20/2020 | P · Purchase | +277K | $12.77 | $3.54M | 6.4% | 4.31M | 4.58M |
| Total | +285.53K | $3.65M | ||||||
Derivative Transactions0
No derivative transactions reported