Eaton Vance Floating-Rate Income Trust - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed on October 18, 2023, by Eaton Vance Floating-Rate Income Trust (EFT), a Massachusetts trust. The report discloses a corporate governance event effective as of the filing date.
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 a personnel appointment and does not contain financial performance data.
Material Changes
Effective October 18, 2023, the Fund's Board of Trustees appointed Kenneth A. Topping as President of the Fund. This is a change in executive leadership.
Management Commentary and Risks
Mr. Topping, born in 1966, previously served as Vice President and Chief Administrative Officer of Eaton Vance and BMR, and Chief Operating Officer for Public Markets at MSIM. He is an officer of 107 registered investment companies managed by Eaton Vance or BMR. His prior experience includes serving as Chief Operating Officer for Goldman Sachs Asset Management 'Classic' from 2009 to 2020. The filing contains no specific discussion of risks, contingencies, or unusual items related to this appointment.
Key Facts for Investors
- Kenneth A. Topping was appointed President of the Fund effective October 18, 2023.
- Mr. Topping brings extensive experience from Eaton Vance, BMR, MSIM, and Goldman Sachs Asset Management.
- This filing does not disclose any financial results or changes to the Fund's investment strategy.