On May 12, 2021, Saba Capital Management, L.P. announced that it has reached an agreement with Eaton Vance Management with respect to each of Eaton Vance Senior Income Trust, Eaton Vance Floating-Rate Income Trust, and Eaton Vance Senior Floating-Rate Trust. Saba Capital stated that under the terms of the agreements, Eaton Vance Senior Income Trust, Eaton Vance Floating-Rate Income Trust, and Eaton Vance Senior Floating-Rate Trust would commence cash tender offers for up to 60%, 50%, and 50%, respectively, of the Funds’ outstanding shares of common stock at a price per share equal to 99% of the Funds’ respective net asset values per share. Saba Capital added that the Funds will repurchase shares tendered and accepted in the tender offers in exchange for cash.