Eaton Vance Senior Floating Rate Trust Reports Earnings Results for the Third Quarter and Nine Months Ended July 31, 2014
November 03, 2014 at 04:01 pm
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Eaton Vance Senior Floating Rate Trust reported earnings results for the third quarter and nine months ended July 31, 2014. For the quarter, net investment income was $8.256 million or $0.224 per share against $8.962 million or $0.244 per share a year ago. Net realized and unrealized losses on investments were $0.663 million or $0.018 per share against net realized and unrealized gains on investments of $5.728 million or $0.166 per share a year ago. Net increase in net assets from operations was $7.554 million or $0.205 per share against $3.187 million or $0.076 per share a year ago.
For the nine months, net investment income was $25.352 million or $0.688 per share against $27.240 million or $0.772 per share a year ago. Net realized and unrealized losses on investments were $3.631 million or $0.099 per share against net realized and unrealized gains on investments of $5.945 million or $0.168 per share a year ago. Net increase in net assets from operations was $21.612 million or $0.586 per share against $33.023 million or $0.935 per share a year ago. The net asset value per common share on July 31, 2014 was $15.64 against $15.85 a year ago.
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 
