Eaton Vance Floating-Rate Fund Confirms Payout and Future Governance Vote

Eaton Vance Floating-Rate Income US2782791048

Investors in the Eaton Vance Floating-Rate Income Fund have received clarity on their near-term income and a look at upcoming leadership decisions. The fund has finalized details for its February distribution and announced the date for its 2026 Annual Meeting of Shareholders, providing a roadmap for income expectations and corporate oversight.

The fund’s management has declared a monthly cash distribution of $0.086 per share. This payment will be made to shareholders of record as of the ex-dividend date, which is set for February 17, 2026, with the payment following on February 27, 2026.

In a separate announcement, the 2026 Annual Meeting is scheduled to take place in Boston on March 11, 2026. Shareholders who held shares as of the record date of December 30, 2025, will be entitled to vote. A primary agenda item will be the election of three Class I Trustees to the board.

Sustaining the Distribution Strategy

This regular monthly payout follows an accelerated distribution cycle in January, which was implemented to meet specific regulatory requirements. Fund advisors emphasize that the continuity of these payments is directly linked to the stable income generated by the underlying portfolio.

The fund’s investment approach focuses on senior secured floating-rate loans. These corporate debt instruments feature interest rates that reset periodically, typically offering a low correlation to traditional fixed-income markets. This structure is designed to provide a potential buffer against market volatility, particularly in environments where interest rates are fluctuating.

Governance and Portfolio Foundation

The election of trustees at the March meeting is a significant event for the fund’s future governance and strategic direction. The board has put forward a slate of three nominees: Cynthia E. Frost, Nancy Wiser Stefani, and Scott E. Wennerholm. The outcome of this vote will indicate the level of shareholder support for the current management’s trajectory.

The fund’s capacity to generate income is supported by its asset base. As of the end of January, the Eaton Vance Floating-Rate Income Fund reported a net asset value of approximately $328.13 million.

With the ex-dividend date in February securing the immediate income stream, investor attention will subsequently shift to the March shareholder meeting. The results will offer insight into confidence in the fund’s leadership as it navigates the current financial landscape.