Profile: Eaton Vance Floating-Rate Income Trust (EFT)

Eaton Vance Floating-Rate Income Trust (the Fund) is a closed-end management investment company. The Trust's investment objective is to provide a high level of current income. Its secondary objective is preservation of capital. Eaton Vance Floating-Rate Income Trust invests primarily in senior, secured floating-rate loans. Its portfolio includes corporate bonds and notes, convertible bonds, common stocks, convertible preferred stocks and short-term investments.

The Fund invests in sectors, such as healthcare, business equipment and services, chemicals and plastics, publishing, cable/satellite television, aerospace and defense, automotive, electronics/electrical and telecommunications. Eaton Vance Floating-Rate Income Trust's investment advisor and administrator is Eaton Vance Management (EVM), a subsidiary of Eaton Vance Corp. The Fund may invest in Cash Management Portfolio, an affiliated investment company managed by Boston Management and Research (BMR), a wholly owned subsidiary of EVM.