Eaton Vance Floating-Rate Income Trust

BOSTON, Oct. 15, 2014 /PRNewswire/ — Eaton Vance Floating-Rate Income Trust (NYSE: EFT) (the Fund), a closed-end management investment company, today announced the earnings of the Fund for the three months ended August 31, 2014. The Funds fiscal year ends on May 31, 2015.

For the three months ended August 31, 2014, the Fund had net investment income of $8,601,475 ($0.216 per common share). The net investment income includes a deduction of $336,071 ($0.008 per common share) representing interest expense paid on Variable Rate Term Preferred Shares (VRTP Shares). In comparison, for the three months ended August 31, 2013, the Fund had net investment income of $9,159,523 ($0.230 per common share). The net investment income includes a deduction of $342,215 ($0.009 per common share) representing interest expense paid on VRTP Shares.

Net realized and unrealized losses for the three months ended August 31, 2014 were $3,674,748 ($0.092 per common share). In comparison, net realized and unrealized losses for the three months ended August 31, 2013 were $7,409,567 ($0.186 per common share).

On August 31, 2014, net assets of the Fund applicable to common shares were $637,355,386. The net asset value per common share on August 31, 2014 was $15.99 based on 39,863,690 common shares outstanding. In comparison, on August 31, 2013, net assets of the Fund applicable to common shares were $642,072,823. The net asset value per common share on August 31, 2013 was $16.11 based on 39,856,811 common shares outstanding.

The Fund periodically makes performance data and certain information about portfolio characteristics available on www.eatonvance.com (on the fund information page under Individual Investors Closed-End Funds). Fund portfolio holdings for the most recent month-end are also posted to the website approximately 30 days following month-end.

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 $293.6 billion in assets as of September 30, 2014, offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Companys long record of providing exemplary service, timely innovation and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of todays most discerning investors.For more information about Eaton Vance, visit www.eatonvance.com.