---
schema_version: "secwatch.filing_event.v1"
accession: "0000940394-23-000229"
form_type: "8-K"
ticker: "EFT"
cik: "0001288992"
company_name: "Eaton Vance Floating-Rate Income Trust"
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T03:31:53.438164+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Eaton Vance Floating-Rate Income Trust board exempts control share acquisitions after court ruling invalidates by-law

## Summary
- Board exempts all prior and future control share acquisitions from by-law provisions on a going-forward basis until further notice.
- Decision follows January 23, 2023 Massachusetts Superior Court ruling that Control Share By-Law violates Section 18(i) of the Investment Company Act.
- Litigation with Saba Capital Master Fund ongoing; four funds (EVF, EFR, EFT, EVV) are parties to the case.
- Board will continue to monitor legal developments and may take additional actions as appropriate.

## SEC filing metadata
- accession: 0000940394-23-000229
- form_type: 8-K
- ticker: EFT
- cik: 0001288992
- company_name: Eaton Vance Floating-Rate Income Trust
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1288992/000094039423000229/0000940394-23-000229-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1288992/000094039423000229/eft8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000940394-23-000229
- JSON: https://secwatch.observer/filing/0000940394-23-000229.json
- Plain text: https://secwatch.observer/filing/0000940394-23-000229.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.