Variable annuities provide the opportunity for market appreciation — through a variety of investment options — with tax-deferral and future income.Variable annuities are designed for people willing to take on more risk in exchange for greater growth potential.Special Reports from AST Fund Solutions cover topics ranging from studies of tender offers (and other fund actions) to institutional investment behavior in closed-end funds.Our Special Reports are designed to be concise and actionable.
The weekly update offers readers objective and unique insights from the closed-end fund experts at AST Fund Solutions.
The Trust’s investment objectives are high current income and to return .85 per common share less offering costs (original NAV) to holders of common shares on, or about, October 31, 2022.
The Trust seeks to achieve its investment objectives by investing, under normal circumstances, at least 80% of its managed assets in senior floating-rate loans.
The research team at AST Fund Solutions also conducts special studies at the request of issuers.
| The Eaton Vance Floating-Rate 2022 Target Term Trust (EFL) started trading on the NYSE on July 27 after an initial public offering that raised 0 million in gross proceeds (21 million shares at .00 per share), excluding any potential exercise of the underwriters’ overallotment option (of up to approximately 3.15 million additional shares).