Eaton Vance Senior Floating Rate Trust Reports Earnings Results for the Second Quarter and Six Months Ended April 30, 2014
August 13, 2014 at 01:02 pm
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Eaton Vance Senior Floating Rate Trust reported earnings results for the second quarter and six months ended April 30, 2014. For the quarter, net investment income was $6.343 million or $0.173 per share against $8.925 million or $0.252 per share a year ago. Net realized and unrealized losses on investments was $3.812 million or $0.104 per share against net realized and unrealized gains on investments of $4.589 million or $0.125 per share a year ago. Net increase in net assets from operations was $2.495 million or $0.068 per share against $13.462 million or $0.376 per share a year ago.
For the six months, net investment income was $17.096 million or $0.464 per share against $18.278 million or $0.528 per share a year ago. Net realized and unrealized losses on investments was $2.968 million or $0.081 per share against net realized and unrealized gains on investments of $11.673 million or $0.334 per share a year ago. Net increase in net assets from operations was $14.058 million or $0.381 per share against $29.836 million or $0.859 per share a year ago. The net asset value per common share on April 30, 2014 was $15.66 based on 36,841,535 common shares outstanding.
Eaton Vance Senior Floating-Rate Trust (the Trust) is a diversified, closed-end management investment company. The Trustâs primary investment objective is to provide a high level of current income. The Trust may, as a secondary objective, also seek the preservation of capital to the extent consistent with its primary objective. The Trust holds investments in a range of sectors, such as software, health care providers and services, machinery, chemicals, commercial services and supplies, information technology (IT) services, capital markets, hotels, restaurants and leisure, specialty retail and professional services. The Trust invests in floating-rate loans, asset-backed securities, corporate bonds and others. It has investments in the United States, Europe (excluding the United Kingdom), Northern America (excluding the United States), the United Kingdom and Asia/Pacific (excluding Japan). The Trustâs investment adviser is Eaton Vance Management.
EATON VANCE SENIOR FLOATING-RATE TRUST 
