Eaton Vance Floating-Rate Income Trust - 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by Eaton Vance Floating-Rate Income Trust on October 10, 2024. The filing reports a corporate governance action taken by the Board of Trustees regarding the Fund's By-Laws.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on legal and governance amendments.
Material Changes
On October 10, 2024, the Board adopted Amendment No. 3 to the Amended and Restated By-Laws. This amendment formally eliminates the "Control Share Provisions" that previously governed "Control Share Acquisitions." This action formalizes a decision made on January 26, 2023, to exempt all prior and new acquisitions from these provisions on a going-forward basis.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies beyond the specific governance change described.
Key Facts for Investors
- The Fund has permanently removed "Control Share Provisions" from its By-Laws via Amendment No. 3.
- This change eliminates restrictions on acquisitions that might otherwise be deemed "Control Share Acquisitions."
- The amendment was effective as of October 10, 2024, formalizing a prior Board vote from January 2023.
- No financial performance data is included in this specific filing.