SABA CAPITAL MANAGEMENT, L.P. purchased 5.8% of their position (263.94K shares) of EATON VANCE FLOATING-RATE INCOME TRUST on the open market
Open‑market purchase worth $3.37M — a moderate purchase. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 10/23/2020ACC: 0001510281-20-000210
→
10% Owner
Since Oct 2020
+263.94K
Net shares
Net buyer
$3.37M
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
263.94K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+14.58K
Price / share
$12.75
Trade value
$185.88K
% of position
0.3%
10/21/2020
4.58M→4.60M
Common Stock
Indirect
Shares
+249.37K
Price / share
$12.78
Trade value
$3.19M
% of position
5.4%
10/22/2020
4.60M→4.85M
Total
Net shares
+263.94K
Net value
$3.37M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 10/21/2020 | P · Purchase | +14.58K | $12.75 | $185.88K | 0.3% | 4.58M | 4.60M |
| Common Stock Indirect | 10/22/2020 | P · Purchase | +249.37K | $12.78 | $3.19M | 5.4% | 4.60M | 4.85M |
| Total | +263.94K | $3.37M | ||||||
Derivative Transactions0
No derivative transactions reported