EFT: Solid Senior Loan Fund, Even Though It Overpays Significantly (NYSE:EFT)

Core Insights - The Conservative Income Portfolio focuses on value stocks with high margins of safety and utilizes well-priced options to reduce investment volatility [1] - The Enhanced Equity Income Solutions Portfolio aims to generate yields of 7-9% while minimizing volatility [1] Group 1: Portfolio Overview - Eaton Vance Floating-Rate Income Trust (EFT) has approximately $333 million in net assets and gross assets of around $515 million, with $119 million in borrowings indicating leverage [2] - The Conservative Income Portfolio is managed by a team with over 40 years of combined experience, emphasizing capital preservation while generating income [2] - The investing group includes two income-generating portfolios and a bond ladder, with a focus on lower volatility income investing through Covered Calls and high-income potential securities in the fixed income portfolio [2]