Eaton Vance Floating-Rate Income Trust Announces Annual Meeting of Shareholders

TL;DR

<b>Eaton Vance Floating-Rate Income Trust is holding its Annual Meeting of Shareholders on March 13, 2024, to elect Trustees, urging prompt proxy card return.</b>

AI Summary

Eaton Vance Floating-Rate Income Trust (EFT) filed a Proxy Statement (DEF 14A) with the SEC on January 23, 2024. The Annual Meeting of Shareholders for Eaton Vance Floating-Rate Income Trust will be held on March 13, 2024, at 12:00 p.m. ET. The meeting will take place at the Fund's principal office located at One Post Office Square, Boston, Massachusetts. Shareholders will be asked to consider the election of Trustees of the Fund. Shareholders are urged to complete, sign, and date the enclosed proxy card and return it promptly. Proxy materials, including the Notice of Annual Meeting, Proxy Statement, Proxy Card(s), and Shareholder Report, are available.

Why It Matters

For investors and stakeholders tracking Eaton Vance Floating-Rate Income Trust, this filing contains several important signals. Shareholders need to vote on the election of Trustees, which is a critical governance function for the Trust. The prompt return of proxy cards ensures that shareholder votes are counted, impacting the outcome of the Trustee elections and the overall governance of the fund.

Risk Assessment

Risk Level: low — Eaton Vance Floating-Rate Income Trust shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.

Analyst Insight

Shareholders should review the proxy materials and vote on the election of Trustees to ensure their voice is heard in the governance of the Eaton Vance Floating-Rate Income Trust.

Key Numbers

• March 13, 2024 — Annual Meeting Date (Date of the Annual Meeting of Shareholders)
• 12:00 p.m. (Eastern Time) — Annual Meeting Time (Time of the Annual Meeting of Shareholders)

Key Players & Entities

• Eaton Vance Floating-Rate Income Trust (company) — Registrant and Fund name
• Kenneth A. Topping (person) — President of the Fund
• March 13, 2024 (date) — Date of the Annual Meeting
• One Post Office Square, Boston, Massachusetts (location) — Principal office of the Fund

FAQ

Risk Factors

• Proxy Statement Filing Requirements [low — regulatory]: The filing must adhere to SEC regulations for proxy statements, including providing all required information to shareholders.

Industry Context

Eaton Vance Floating-Rate Income Trust is a closed-end management investment company. This filing is a routine proxy statement for its annual shareholder meeting.

Regulatory Implications

The filing is made under Schedule 14A of the Securities Exchange Act of 1934, which governs the solicitation of proxies from shareholders.

What Investors Should Do

1. Review the proxy statement for details on the nominated Trustees and any other proposals.
2. Complete and return the proxy card by mail or vote online/by phone if options are provided.
3. Attend the Annual Meeting on March 13, 2024, if possible, or ensure your proxy is submitted.

Key Dates

• 2024-03-13: Annual Meeting of Shareholders — Election of Trustees and other shareholder matters.
• 2024-01-23: Filing Date — Definitive Proxy Statement filed with the SEC.

Glossary

Proxy Statement

A document filed by a company with the SEC that contains information that management must provide to shareholders before their annual meeting, or before they vote on certain matters. (Provides essential information for shareholders to make informed voting decisions on matters like Trustee elections.)

Trustee

A person elected by shareholders to oversee the management and operations of a trust or fund. (Shareholders vote on the election of Trustees, who are responsible for the governance and fiduciary duties of the fund.)

Year-Over-Year Comparison

This is a definitive proxy statement (DEF 14A) filed on January 23, 2024, for the annual meeting scheduled for March 13, 2024. It contains information regarding the election of Trustees.

Key Financial Figures

• $0.01 — 3 common shares of beneficial interest, $0.01 par value per share (&ldquo;Common Shar
• $100,000 — value per share, liquidation preference $100,000 per share (&ldquo;VRTPS&rdquo;), of the
• $100,000 M — erested Trustees Alan C. Bowser Over $100,000 Mark R. Fetting Over $100,000 Cynthia
• $100,000 K — Over $100,000 Valerie A. Mosley Over $100,000 Keith Quinton Over $100,000 Marcus L.

Filing Documents

• fritdef14afinal.htm (DEF 14A) — 186KB
• cards_101.jpg (GRAPHIC) — 98KB
• cards_102.jpg (GRAPHIC) — 69KB
• cards_103.jpg (GRAPHIC) — 103KB
• cards_104.jpg (GRAPHIC) — 72KB
• cvrltr_101.jpg (GRAPHIC) — 3KB
• 0000940394-24-000031.txt (&nbsp;) — 665KB

From the Filing

DEF 14A 1 fritdef14afinal.htm EATON VANCE FLOATING-RATE INCOME TRUST PROXY DTD 1-23-2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant [X] Filed by a Party other than the Registrant [ ] Check the appropriate box: [ ] Preliminary Proxy Statement [ ] Confidential, For Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) [X] Definitive Proxy Statement [ ] Definitive Additional Materials [ ] Soliciting Material Pursuant to Section 240.14a-12 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Eaton Vance Floating-Rate Income Trust (Name of Registrant as Specified in Its Charter) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of Filing Fee (Check all boxes that apply): [X] No fee required [ ] Fee paid previously with preliminary materials [ ] Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11 Eaton Vance Floating-Rate Income Trust One Post Office Square Boston, Massachusetts 02109 January 23, 2024 Dear Shareholder: You are cordially invited to attend the Annual Meeting of Shareholders (the &ldquo;Annual Meeting&rdquo;) of Eaton Vance Floating-Rate Income Trust (the &ldquo;Fund&rdquo;), which will be held at the principal office of the Fund, One Post Office Square, Boston, Massachusetts 02109, on Wednesday, March 13, 2024 at 12:00 p.m. (Eastern Time). At this Annual Meeting, you will be asked to consider the election of Trustees of the Fund. The enclosed proxy statement contains additional information. I hope that you will be able to attend the Annual Meeting. Whether or not you plan to attend and regardless of the number of shares you own, it is important that your shares be represented. I urge you to complete, sign and date the enclosed proxy card and return it in the enclosed postage-paid envelope as soon as possible to assure that your shares are represented at the Annual Meeting. Sincerely, /s/ Kenneth A. Topping Kenneth A. Topping President YOUR VOTE IS IMPORTANT - PLEASE RETURN YOUR PROXY CARD PROMPTLY. It is important that your shares be represented at the Annual Meeting. Whether or not you plan to attend, you are requested to complete, date, sign and return the applicable enclosed proxy card as soon as possible. You may withdraw your proxy if you attend the Annual Meeting and desire to vote at the Annual Meeting. Eaton Vance Floating-Rate Income Trust NOTICE OF ANNUAL MEETING OF SHAREHOLDERS Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Shareholders to be Held on Wednesday, March 13, 2024: The Notice of Annual Meeting of Shareholders, Proxy Statement, Proxy Card(s) and Shareholder Report are available on the Eaton Vance website at https://funds.eatonvance.com/closed-end-fund-and-term-trust-documents.php. The Annual Meeting of Shareholders of Eaton Vance Floating-Rate Income Trust, a Massachusetts business trust (the &ldquo;Fund&rdquo;), will be held at the principal office of the Fund, One Post Office Square, Boston, Massachusetts 02109, on Wednesday, March 13, 2024 at 12:00 p.m. (Eastern Time) (the &ldquo;Annual Meeting&rdquo;), for the following purposes: (1) To elect Trustees of the Fund as outlined below: a. three Class II Trustees, Alan C. Bowser, Keith Quinton and Susan J. Sutherland, to be elected by the holders of the Fund&rsquo;s Common Shares and Variable Rate Term Preferred Shares, voting together as a single class; and b. one Class II Trustee, George J. Gorman, to be elected by the holders of the Fund&rsquo;s Variable Rate Term Preferred Shares, voting separately as a single class. (2) To consider and act upon any other matters that may properly come before the Annual Meeting and any adjourned or postponed session thereof. Any such vote FOR or AGAINST the proposal will also authorize the persons named as proxies to vote accordingly FOR or AGAINST any such adjournment of the Annual Meeting of Shareholders. The Board of Trustees of the Fund has fixed the close of business on January 2, 2024 as the record date for the determination of the shareholders of the Fund entitled to notice of and to vote at the Annual Meeting and any adjournments or postponements thereof. By Order of the Board of Trustees of the Fund /s/ Nicholas S. Di Lorenzo Nicholas S. Di Lorenzo Secretary January 23, 2024 Boston, Massachusetts IMPORTANT Shareholders can hel

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View this DEF 14A filing on SEC EDGAR