Eaton Vance Floating-Rate Income Plus Fund Announces Liquidation Distribution Updates

0


BOSTON, 22 October 2021 / PRNewswire / – As previously announced, the shareholders of Eaton Vance Floating-Rate Income Plus Fund (formerly listed on the New York Stock Exchange under the ticker symbol EFF) (the “Fund”) have voted in favor of the liquidation and termination of the Fund. in accordance with the Liquidation and Termination Plan (the “Plan”) adopted by the Board of Trustees of the Fund. The Fund’s last secondary trading day was June 18, 2021 (the “Effective Date”).

Under the Plan, all of the Fund’s shares outstanding on the Effective Date were redeemed at the close of business on the Effective Date without the imposition of a redemption charge. The redemption proceeds were equal to the net asset value of the shares after the Fund has paid or assumed all of its fees, taxes, expenses and liabilities, including certain operational costs of liquidating the Fund. The Fund’s first liquidation distribution of approximately $ 15.62 per share was made on June 24, 2021 and represented approximately 95% of the estimated total proceeds of the repurchase. In view of the delays in the sale and settlement of a small number of Fund holdings, the Fund currently expects to make a second liquidation distribution on or about October 29, 2021, as previously announced, and a third and final liquidation distribution in or around december 2021, although commercial, economic and other factors may cause an earlier or later final distribution date. For more information on these issues, please consult the press release of the Fonds de May 14, 2021.

If you have any questions, please contact the Fund at 1-800-262-1122.

Eaton Vance Corp. was acquired by Morgan Stanley on March 1, 2021. Its former investment subsidiaries Eaton Vance Management, Parametric, Atlanta Capital and Calvert are now part of Morgan Stanley Investment Management, the asset management division of Morgan Stanley.

This press release is provided for informational purposes only and is not intended to constitute, and does not constitute, an offer to buy or sell shares of the Fund. Additional information about the Fund, including information on the performance and characteristics of the portfolio, is available at eatonvance.com.

Statements in this press release that are not historical facts may be forward-looking statements, as defined by United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements, as they are subject to uncertainties and other factors which may be beyond the control of the Fund and could cause actual results to differ materially. those set forth in forward-looking statements.

SOURCE Eaton Vance Management

Related links

www.eatonvance.com


Share.

Comments are closed.