secwatch.observer — SEC 8-K summary
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Issuer:     Eaton Vance Floating-Rate Income Trust (EFT)
CIK:        0001288992
Form:       8-K
Filed at:   2023-02-01T23:59:59+00:00
Accession:  0000940394-23-000229
Event type: regulatory
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288992/000094039423000229/0000940394-23-000229-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288992/000094039423000229/eft8k.htm
  HTML page:      https://secwatch.observer/filing/0000940394-23-000229

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