BOSTON, March 25, 2011 /PRNewswire/ -- At a meeting held on March 25, 2011, shareholders of Eaton Vance Floating-Rate Income Trust (NYSE: EFT) (the "Fund"), a closed-end investment company, voted to elect Benjamin C. Esty as Class I Auction Preferred Shares (APS) Trustee of the Fund, elected solely by holders of APS, and Thomas E. Faust Jr. and Allen R. Freedman as Class I Trustees of the Fund, each for a three- year term. The Fund's Class II and Class III Trustees, who serve staggered terms, were not up for election and remain in office.
The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $191.7 billion in assets as of January 31, 2011, offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information about Eaton Vance, visit www.eatonvance.com.
SOURCE Eaton Vance Management
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