SABA CAPITAL MANAGEMENT, L.P. purchased 11.7% of their position (612.67K shares) of EATON VANCE FLOATING-RATE INCOME TRUST on the open market
Open‑market purchase worth $8.12M — a moderate purchase. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 12/18/2020ACC: 0001510281-20-000265
→
10% Owner
Since Oct 2020
+612.67K
Net shares
Net buyer
$8.12M
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
612.67K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+515.20K
Price / share
$13.25
Trade value
$6.83M
% of position
9.9%
12/16/2020
5.23M→5.74M
Common Stock
Indirect
Shares
+97.46K
Price / share
$13.30
Trade value
$1.30M
% of position
1.7%
12/17/2020
5.74M→5.84M
Total
Net shares
+612.67K
Net value
$8.12M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 12/16/2020 | P · Purchase | +515.20K | $13.25 | $6.83M | 9.9% | 5.23M | 5.74M |
| Common Stock Indirect | 12/17/2020 | P · Purchase | +97.46K | $13.30 | $1.30M | 1.7% | 5.74M | 5.84M |
| Total | +612.67K | $8.12M | ||||||
Derivative Transactions0
No derivative transactions reported