New York, December 18, 2012 -- Moody's Investors Service has assigned an A1 rating to $80 million of Variable Rate Term Preferred Shares (VRTP) issued by the Eaton Vance Floating-Rate Income Trust (EFT), a New York Stock Exchange listed closed-end fund that invests in senior secured floating rate loans and corporate bond obligations. The proceeds from the issuance are intended to be used to repurchase or redeem EFT's outstanding Auction Preferred Shares (APS). In the same rating action, Moody's affirmed the A1 rating of the APS, pending their redemption, scheduled to take effect over the next few weeks.

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