Saturday, May 3, 2008

Eaton Vance Floating Income Trust

Strong play for longer term investors (think IRA). Pays a monthly dividend that is between .5% and 1%. Great way to get a safe and stable 7-10% a year. There is also the possibility of gains due to the security rising.

Check it out:
http://finance.google.com/finance?q=NYSE%3AEFT

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