Eaton Vance Floating-Rate Income Trust EFT
$10.74 $0.05 (0.47%) 1D
Last Updated: Aug 21, 08:00 PM·NYSE
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EFT Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Eaton Vance Floating-Rate Income Trust is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Eaton Vance Floating-Rate Income Trust. Stock Analysis EFT
United States N/A Micro Cap Eaton Vance Floating-Rate Income Trust is a US-based company operating in industry. The company is headquartered in Boston, Massachusetts. The company went IPO on 2004-06-25. Eaton Vance Floating-Rate Income Trust (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of current income. As a secondary objective, the Fund seeks preservation of capital to the extent consistent with its primary goal of high current income. The Fund invest at least 80% of its total assets in Senior Loans of domestic and foreign borrowers that are denominated in United States (U.S.) dollars or in euros, British pounds, Swiss francs, Canadian dollars and Australian dollars. The Fund invests in a range of sectors, including electronics/electrical, business equipment and services, health care, automotive, industrial equipment, chemicals, and plastics, building and development, oil and gas, radio and television, aerospace and defense, industrial equipment, lodging and casinos, telecommunications, steel, entertainment, auto components and others. The Fund's investment advisor is Eaton Vance Management.
Eaton Vance Floating-Rate Income Trust (EFT) Chart
Financial Metrics & Statements of Eaton Vance Floating-Rate Income Trust (EFT)
FAQ's for Eaton Vance Floating-Rate Income Trust (EFT)
- As of August 2026, Eaton Vance Floating-Rate Income Trust EFT is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Eaton Vance Floating-Rate Income Trust using these criteria to determine its compliance status.
- Muslim investors may consider investing in Eaton Vance Floating-Rate Income Trust if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Eaton Vance Floating-Rate Income Trust by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Eaton Vance Floating-Rate Income Trust may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Eaton Vance Floating-Rate Income Trust on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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