Eaton Vance Senior Floating Rate Trust Announces Earnings Results for the Fourth Quarter and Year Ended October 31, 2014
February 04, 2015 at 04:01 pm EST
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Eaton Vance Senior Floating Rate Trust announced earnings results for the fourth quarter and year ended October 31, 2014. For the quarter, the company reported net investment income of $8,712,000 or $0.237 per share compared to $8,769,000 or $0.237 per share a year ago. Net realized and unrealized losses on investments was $11,616,000 compared to $1,340,000 a year ago.
For the year, the company reported net investment income of $34,064,000 or $0.925 per share compared to $36,009,000 or $1.009 per share a year ago. Net realized and unrealized losses on investments was $15,247,000 compared to net realized and unrealized losses on investments of $4,605,000 a year ago. The net asset value per share outstanding as on October 31, 2013 was $15.33 against $15.81.
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 