Eaton Vance Senior Floating-Rate Trust

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act File Number: 811-21411

Eaton Vance Senior Floating-Rate Trust

(Exact Name of Registrant as Specified in Charter)

Two International Place, Boston, Massachusetts 02110

(Address of Principal Executive Offices)

Maureen A. Gemma

Two International Place, Boston, Massachusetts 02110

(Name and Address of Agent for Services)

(617) 482-8260

(Registrant’s Telephone Number)

October 31

Date of Fiscal Year End

October 31, 2012

Date of Reporting Period

 

 

 


Item 1. Reports to Stockholders


 

Eaton Vance

Senior Floating-Rate Trust

(EFR)

 

Annual Report

October 31, 2012

 

 

LOGO  

 

 

 

 

LOGO


 

Fund shares are not insured by the FDIC and are not deposits or other obligations of, or guaranteed by, any depository institution. Shares are subject to investment risks, including possible loss of principal invested.


Annual Report October 31, 2012

Eaton Vance

Senior Floating-Rate Trust

Table of Contents

 

Management’s Discussion of Fund Performance

     2   

Performance

     3   

Fund Profile

     4   

Endnotes and Additional Disclosures

     5   

Financial Statements

     6   

Report of Independent Registered Public Accounting Firm

     40   

Federal Tax Information

     41   

Annual Meeting of Shareholders

     42   

Dividend Reinvestment Plan

     43   

Management and Organization

     45   

Important Notices

     47   


Eaton Vance

Senior Floating-Rate Trust

October 31, 2012

 

Management’s Discussion of Fund Performance1

 

 

Economic and Market Conditions

The U.S. floating-rate loan market generated solid results for the 12-month period ended October 31, 2012, as measured by the 8.48% return of the S&P/LSTA Leveraged Loan Index (the Index),2 a broad barometer of the asset class. Returns of the Index reflected an increase in loan prices, plus investment income.

Throughout the past 12 months, the floating-rate market exhibited resilience amid low U.S. economic growth and uncertainty regarding U.S. fiscal policy. This resilience was due to favorable market technical and fundamental conditions. The net supply of floating-rate loans was moderate, as loan repayments by issuers helped offset new issue supply coming to market. At the same time, demand strengthened. Improved economic data and the U.S. Federal Reserve’s pledge to keep interest rates low appeared to have fueled investors’ appetite for higher-yielding alternatives to government bonds. Other investors turned to floating-rate loans for protection against potentially rising interest rates. In the institutional market, buying by pension funds, hedge funds, structured vehicles, and other institutional investors, such as relative value crossover strategies, also increased as the period progressed. For the period, the modest growth in the overall supply of loans was easily absorbed due to widespread investor demand.

In terms of issuer fundamentals, improving corporate balance sheets and better-than-expected earnings growth also helped bolster loans. Furthermore, the default rate in the market remained well below longer-term averages, ending October 31, 2012 at 1.1% by principal amount on a last-12-months basis, according to S&P Leveraged Commentary & Data (LCD).

Fund Performance

For the fiscal year ended October 31, 2012, Eaton Vance Senior Floating-Rate Trust (EFR) (the Trust) shares at net asset value (NAV) had a total return of 12.31%, outperforming the 8.48% return of the Trust’s benchmark, the S&P/LSTA Leveraged Loan Index (the Index).

Contributing to relative performance versus the Index was the Trust’s allocation to high-yield corporate bonds, which outperformed loans during the period. The Index does not include high-yield bonds. Similarly, the Trust’s use of leverage5 aided relative performance versus the Index by amplifying the Trust’s positive performance. The Index does not use leverage.

Underweight exposures to utilities and telecommunications helped bolster relative results versus the Index, as these segments underperformed the overall loan market.

The Trust’s underweight to the lower-quality segment of the market detracted from performance relative to the Index. The Trust’s holdings were biased toward higher-quality BB- and B-rated7 loans. At the same time, the Trust had an underweight to CCC-rated loans. For the year, BB-rated loans in the Index returned 6.60%, B-rated loans in the Index gained 10.12% and CCC-rated loans in the Index rose 9.93%. Within the BB- and B-rated space, the Trust had a more pronounced overweight to the higher-rated BB-ratings tier, providing a further drag on relative results versus the Index.

In terms of industry allocation, the Trust’s underweight exposure to publishing and financial intermediaries — which outperformed the broad market — and overweight exposure to the leisure goods/activities/movies segment — which underperformed the broad market — also were a drag on performance relative to the Index.

 

 

See Endnotes and Additional Disclosures in this report.

Past performance is no guarantee of future results. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) or market price (as applicable) with all distributions reinvested. Fund performance at market price will differ from its results at NAV due to factors such as changing perceptions about the Fund, market conditions, fluctuations in supply and demand for Fund shares, or changes in Fund distributions. Investment return and principal value will fluctuate so that shares, when sold, may be worth more or less than their original cost. Performance less than one year is cumulative. Performance is for the stated time period only; due to market volatility, current Fund performance may be lower or higher than the quoted return. For performance as of the most recent month end, please refer to www.eatonvance.com.

 

  2  


Eaton Vance

Senior Floating-Rate Trust

October 31, 2012

 

Performance2,3

 

Portfolio Managers Scott H. Page, CFA, Craig P. Russ and Peter M. Campo, CFA

 

% Average Annual Total Returns    Inception Date      One Year      Five Years     

Since

Inception

 

Fund at NAV

     11/28/2003         12.31      5.40      5.49

Fund at Market Price

             19.66         8.25         5.95   

S&P/LSTA Leveraged Loan Index

     11/28/2003         8.48      5.21      5.25
% Premium/Discount to NAV                                
              3.97
Distributions4                                

Total Distributions per share for the period

            $ 1.052   

Distribution Rate at NAV

              7.14

Distribution Rate at Market Price

              6.87
% Total Leverage5                                

Auction Preferred Shares (APS)

              15.73

Borrowings

              20.96   

 

See Endnotes and Additional Disclosures in this report.

Past performance is no guarantee of future results. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) or market price (as applicable) with all distributions reinvested. Fund performance at market price will differ from its results at NAV due to factors such as changing perceptions about the Fund, market conditions, fluctuations in supply and demand for Fund shares, or changes in Fund distributions. Investment return and principal value will fluctuate so that shares, when sold, may be worth more or less than their original cost. Performance less than one year is cumulative. Performance is for the stated time period only; due to market volatility, current Fund performance may be lower or higher than the quoted return. For performance as of the most recent month end, please refer to www.eatonvance.com.

 

  3  


Eaton Vance

Senior Floating-Rate Trust

October 31, 2012

 

Fund Profile

 

 

Top 10 Holdings (% of total investments)6

 

 

Intelsat Jackson Holdings Ltd.

     1.2

Rite Aid Corporation

     1.2   

HCA, Inc.

     1.0   

Aramark Corporation

     1.0   

Asurion LLC

     1.0   

Calpine Corp. (corporate bond)

     0.9   

UPC Broadband Holding B.V./UPC Financing Partnership

     0.8   

Alliance Boots Holdings Limited

     0.8   

Chrysler Group LLC

     0.8   

Community Health Systems, Inc.

     0.8   
          

Total

     9.5
          

 

LOGO

Top 10 Sectors (% of total investments)6

 

 

Health Care

    11.7

Business Equipment and Services

    8.7   

Electronics/Electrical

    5.7   

Leisure Goods/Activities/Movies

    4.9   

Automotive

    4.4   

Financial Intermediaries

    4.3   

Telecommunications

    4.2   

Chemicals and Plastics

    3.9   

Publishing

    3.8   

Cable and Satellite Television

    3.7   
         

Total

    55.3
         
 

 

  4  


Eaton Vance

Senior Floating-Rate Trust

October 31, 2012

 

Endnotes and Additional Disclosures

 

 

1 

The views expressed in this report are those of the portfolio manager(s) and are current only through the date stated at the top of this page. These views are subject to change at any time based upon market or other conditions, and Eaton Vance and the Fund(s) disclaim any responsibility to update such views. These views may not be relied upon as investment advice and, because investment decisions are based on many factors, may not be relied upon as an indication of trading intent on behalf of any Eaton Vance fund. This commentary may contain statements that are not historical facts, referred to as “forward looking statements”. The Fund’s actual future results may differ significantly from those stated in any forward looking statement, depending on factors such as changes in securities or financial markets or general economic conditions, the volume of sales and purchases of Fund shares, the continuation of investment advisory, administrative and service contracts, and other risks discussed from time to time in the Fund’s filings with the Securities and Exchange Commission.

 

2 

S&P/LSTA Leveraged Loan Index is an unmanaged index of the institutional leveraged loan market. Unless otherwise stated, index returns do not reflect the effect of any applicable sales charges, commissions, expenses, taxes or leverage, as applicable. It is not possible to invest directly in an index.

 

3 

Performance results reflect the effects of leverage. Absent an expense waiver by the investment adviser, the returns would be lower.

 

4 

The Distribution Rate is based on the Fund’s last regular distribution per share in the period (annualized) divided by the Fund’s NAV or market price at the end of the period. The Fund’s distributions may be composed of ordinary income, tax-exempt income, net realized capital gains and return of capital.

 

5 

Leverage represents the liquidation value of the Fund’s APS and borrowings outstanding as a percentage of Fund net assets applicable to common shares plus APS and borrowings outstanding. Use of leverage creates an opportunity for income, but creates risks including greater price volatility. The cost of leverage rises and falls with changes in short-term interest rates. The Fund is required to maintain prescribed asset coverage for its APS and borrowings, which could be reduced if Fund asset values decline.

 

6 

Excludes cash and cash equivalents.

7 

Ratings are based on Moody’s, S&P or Fitch, as applicable. Credit ratings are based largely on the rating agency’s investment analysis at the time of rating and the rating assigned to any particular security is not necessarily a reflection of the issuer’s current financial condition. The rating assigned to a security by a rating agency does not necessarily reflect its assessment of the volatility of a security’s market value or of the liquidity of an investment in the security. If securities are rated differently by the rating agencies, the higher rating is applied. Ratings of BBB or higher by Standard and Poor’s or Fitch (Baa or higher by Moody’s) are considered to be investment grade quality.

 

   Fund profile subject to change due to active management.
 

 

  5  


Eaton Vance

Senior Floating-Rate Trust

October 31, 2012

 

Portfolio of Investments

 

 

Senior Floating-Rate Interests — 143.9%(1)   
     
Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Aerospace and Defense — 2.8%

  

AVIO S.p.A.

     

Term Loan, 3.09%, Maturing June 14, 2017

      625      $ 614,844   

Term Loan, 3.86%, Maturing December 14, 2017

  EUR     550        705,753   

Term Loan, 3.96%, Maturing December 14, 2017

      650        639,437   

Booz Allen Hamilton Inc.

     

Term Loan, 4.50%, Maturing July 31, 2019

      825        831,102   

DAE Aviation Holdings, Inc.

     

Term Loan, 7.25%, Maturing July 31, 2014

      877        877,404   

Term Loan, 7.25%, Maturing July 31, 2014

      925        925,181   

Ducommun Incorporated

     

Term Loan, 5.50%, Maturing June 28, 2017

      1,416        1,437,547   

IAP Worldwide Services, Inc.

     

Term Loan, 9.25%, Maturing December 28, 2012

      1,755        1,425,684   

Sequa Corporation

     

Term Loan, 3.62%, Maturing December 3, 2014

      794        793,713   

Term Loan, 6.25%, Maturing December 3, 2014

      248        248,745   

TASC, Inc.

     

Term Loan, 4.50%, Maturing December 18, 2015

      1,429        1,432,019   

Transdigm, Inc.

     

Term Loan, 4.00%, Maturing February 14, 2017

      1,019        1,023,452   

Term Loan, 4.00%, Maturing February 14, 2017

      2,356        2,365,670   

Wesco Aircraft Hardware Corp.

     

Term Loan, 4.25%, Maturing April 7, 2017

      389        390,236   

Wyle Services Corporation

     

Term Loan, 5.00%, Maturing March 27, 2017

      808        813,504   
   
      $ 14,524,291   
   

Air Transport — 0.3%

  

Evergreen International Aviation, Inc.

     

Term Loan, 11.50%, Maturing June 30, 2015

      814      $ 793,941   

Orbitz Worldwide Inc.

     

Term Loan, 3.21%, Maturing July 25, 2014

      990        968,683   
   
      $ 1,762,624   
   

Automotive — 7.0%

  

Allison Transmission, Inc.

     

Term Loan, 2.72%, Maturing August 7, 2014

      998      $ 1,001,129   

Term Loan, 4.25%, Maturing August 23, 2019

      2,870        2,887,336   

Autoparts Holdings Limited

     

Term Loan, 6.50%, Maturing July 28, 2017

      396        394,515   

Chrysler Group LLC

     

Term Loan, 6.00%, Maturing May 24, 2017

      6,922        7,090,976   
Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Automotive (continued)

  

Delphi Corporation

     

Term Loan, 3.50%, Maturing March 31, 2017

      1,385      $ 1,392,420   

Federal-Mogul Corporation

     

Term Loan, 2.15%, Maturing December 29, 2014

      2,407        2,269,080   

Term Loan, 2.15%, Maturing December 28, 2015

      3,024        2,851,435   

Goodyear Tire & Rubber Company (The)

     

Term Loan - Second Lien, 4.75%, Maturing April 30, 2019

      6,650        6,724,812   

HHI Holdings LLC

     

Term Loan, 6.00%, Maturing October 3, 2018

      2,075        2,075,000   

Metaldyne Company LLC

     

Term Loan, 5.25%, Maturing May 18, 2017

      2,170        2,181,317   

SRAM, LLC

     

Term Loan - Second Lien, 4.78%, Maturing June 7, 2018

      1,200        1,212,084   

Term Loan - Second Lien, 8.50%, Maturing December 7, 2018

      500        510,000   

Tomkins LLC

     

Term Loan, 4.25%, Maturing September 29, 2016

      1,910        1,922,768   

TriMas Corporation

     

Term Loan, Maturing October 10,
2019
(2)

      875        877,187   

Veyance Technologies, Inc.

     

Term Loan, 2.47%, Maturing July 31, 2014

      233        231,723   

Term Loan, 2.47%, Maturing July 31, 2014

      1,630        1,617,807   

Term Loan, 5.50%, Maturing July 31, 2014

      323        324,588   

Term Loan - Second Lien, 5.96%, Maturing July 31, 2015

      1,275        1,236,750   
                     
      $ 36,800,927   
                     

Building and Development — 1.1%

                   

Armstrong World Industries, Inc.

     

Term Loan, 4.00%, Maturing March 9, 2018

      889      $ 893,326   

Goodman Global Inc.

     

Term Loan, 5.75%, Maturing October 28, 2016

      1,676        1,682,715   

Preferred Proppants, LLC

     

Term Loan, 7.50%, Maturing December 15, 2016

      720        682,685   

RE/MAX International, Inc.

     

Term Loan, 5.50%, Maturing April 15, 2016

      1,672        1,684,255   

Realogy Corporation

     

Term Loan, 3.24%, Maturing October 10, 2013

      115        113,595   

Summit Materials Companies I, LLC

     

Term Loan, 6.00%, Maturing January 30, 2019

      473        477,400   
                     
      $ 5,533,976   
                     
 

 

  6   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2012

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Business Equipment and Services — 14.0%

                   

ACCO Brands Corporation

     

Term Loan, 4.25%, Maturing April 30, 2019

      498      $ 502,786   

Acosta, Inc.

     

Term Loan, 5.00%, Maturing March 1, 2018

      2,904        2,922,506   

Advantage Sales & Marketing, Inc.

     

Term Loan, 5.25%, Maturing December 18, 2017

      2,215        2,219,578   

Affinion Group, Inc.

     

Term Loan, 5.00%, Maturing July 16, 2015

      4,565        4,311,319   

Allied Security Holdings, LLC

     

Term Loan, 5.25%, Maturing February 3, 2017

      566        567,791   

Altegrity, Inc.

     

Term Loan, 7.75%, Maturing February 20, 2015

      692        692,217   

Term Loan, 2.96%, Maturing February 21, 2015

      707        657,834   

BAR/BRI Review Courses, Inc.

     

Term Loan, 6.00%, Maturing June 16, 2017

      632        632,446   

Brand Energy & Infrastructure Services, Inc.

     

Term Loan, Maturing October 16,
2016
(2)

      160        159,677   

Term Loan, Maturing October 16,
2018
(2)

      665        663,105   

Brickman Group Holdings Inc.

     

Term Loan, 5.50%, Maturing October 14, 2016

      1,425        1,446,523   

Brock Holdings III, Inc.

     

Term Loan, 6.01%, Maturing March 16, 2017

      1,099        1,109,916   

ClientLogic Corporation

     

Term Loan, 7.10%, Maturing January 30, 2017

      1,567        1,531,451   

Corporate Executive Board Company, The

     

Term Loan, 5.00%, Maturing July 2, 2019

      525        528,937   

CPM Acquisition Corp.

     

Term Loan, 6.25%, Maturing August 29, 2017

      500        504,062   

Term Loan - Second Lien, 10.25%, Maturing February 28, 2018

      1,000        1,012,500   

DynCorp International LLC

     

Term Loan, 6.25%, Maturing July 7, 2016

      564        567,404   

Education Management LLC

     

Term Loan, 8.25%, Maturing March 29, 2018

      2,064        1,830,854   

EIG Investors Corp.

     

Term Loan, 7.75%, Maturing April 20, 2018

      2,020        2,031,300   

Term Loan - Second Lien, 11.00%, Maturing October 22, 2018

      300        303,000   

Expert Global Solutions, Inc.

     

Term Loan, 8.00%, Maturing April 3, 2018

      1,940        1,959,652   

Genesys Telecom Holdings, U.S., Inc.

     

Term Loan, 6.75%, Maturing January 31, 2019

      622        631,592   

Genpact International, Inc.

     

Term Loan, 4.25%, Maturing August 30, 2019

      1,600        1,606,000   
Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Business Equipment and Services (continued)

                   

Go Daddy Operating Company, LLC

     

Term Loan, 5.50%, Maturing December 17, 2018

      1,436      $ 1,431,799   

IG Investment Holdings, LLC

     

Term Loan, Maturing October 31,
2019
(2)

      775        774,031   

IMS Health Incorporated

     

Term Loan, 4.50%, Maturing August 25, 2017

      1,993        2,007,111   

Infor (US), Inc.

     

Term Loan, 5.25%, Maturing April 5, 2018

      5,062        5,123,217   

KAR Auction Services, Inc.

     

Term Loan, 5.00%, Maturing May 19, 2017

      2,812        2,831,463   

Kronos Incorporated

     

Term Loan, Maturing October 25,
2019
(2)

      1,575        1,578,937   

Term Loan - Second Lien, Maturing April 24, 2020(2)

      900        902,250   

Language Line, LLC

     

Term Loan, 6.25%, Maturing June 20, 2016

      2,031        2,020,005   

Meritas LLC

     

Term Loan, 7.50%, Maturing July 28, 2017

      692        692,175   

Mitchell International, Inc.

     

Term Loan - Second Lien, 5.63%, Maturing March 30, 2015

      1,000        987,500   

Monitronics International Inc.

     

Term Loan, 5.50%, Maturing March 16, 2018

      846        853,855   

Quintiles Transnational Corp.

     

Term Loan, 4.50%, Maturing June 8, 2018

      375        376,406   

Term Loan, 5.00%, Maturing June 8, 2018

      4,271        4,306,173   

Sabre, Inc.

     

Term Loan, 2.21%, Maturing September 30, 2014

      1,392        1,390,229   

Sensus USA Inc.

     

Term Loan, 4.75%, Maturing May 9, 2017

      665        667,368   

Softlayer Technologies, Inc.

     

Term Loan, 7.25%, Maturing November 5, 2016

      639        642,616   

SunGard Data Systems, Inc.

     

Term Loan, 3.90%, Maturing February 26, 2016

      4,742        4,761,445   

Term Loan, 3.97%, Maturing February 28, 2017

      1,547        1,554,253   

SymphonyIRI Group, Inc.

     

Term Loan, 5.00%, Maturing December 1, 2017

      815        816,215   

Trans Union, LLC

     

Term Loan, 5.50%, Maturing February 12, 2018

      2,864        2,894,731   

Travelport LLC

  

Term Loan, 4.65%, Maturing August 21, 2015

  EUR     741        915,067   

Term Loan, 4.86%, Maturing August 21, 2015

      2,856        2,735,186   

Term Loan, 4.86%, Maturing August 21, 2015

      553        529,347   

U.S. Security Holdings, Inc.

  

Term Loan, 6.00%, Maturing July 28, 2017

      118        118,613   

Term Loan, 6.00%, Maturing July 28, 2017

      601        606,015   
 

 

  7   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2012

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Business Equipment and Services (continued)

                   

West Corporation

  

Term Loan, 5.50%, Maturing July 15, 2016

      678      $ 685,574   

Term Loan, 5.50%, Maturing July 15, 2016

      1,928        1,950,512   

Term Loan, 5.75%, Maturing June 29, 2018

      1,147        1,161,464   
   
      $ 73,706,007   
   

Cable and Satellite Television — 5.9%

  

Atlantic Broadband Finance, LLC

  

Term Loan, 5.25%, Maturing April 4, 2019

      1,297      $ 1,305,087   

Term Loan - Second Lien, 9.75%, Maturing October 4, 2019

      775        806,000   

BBHI Acquisition LLC

  

Term Loan, 4.50%, Maturing December 14, 2017

      1,228        1,234,266   

Bragg Communications Incorporated

  

Term Loan, 4.00%, Maturing February 28, 2018

      398        399,990   

Cequel Communications, LLC

  

Term Loan, 4.00%, Maturing February 14, 2019

      4,378        4,391,681   

Charter Communications Operating, LLC

  

Term Loan, 3.47%, Maturing September 6, 2016

      760        763,774   

Term Loan, 4.00%, Maturing May 15, 2019

      299        300,851   

Crown Media Holdings, Inc.

  

Term Loan, 5.75%, Maturing July 14, 2018

      475        477,061   

CSC Holdings, Inc.

  

Term Loan, 1.96%, Maturing March 29, 2016

      2,835        2,835,746   

Kabel Deutschland GMBH

  

Term Loan, 4.25%, Maturing February 1, 2019

      1,075        1,079,127   

Lavena Holdings 4 GmbH

  

Term Loan, 2.95%, Maturing March 6, 2015

  EUR     369        450,251   

Term Loan, 3.32%, Maturing March 4, 2016

  EUR     369        450,251   

Term Loan, 7.70%, Maturing March 6, 2017(3)

  EUR     405        457,878   

Term Loan - Second Lien, 4.45%, Maturing September 2, 2016

  EUR     520        608,226   

Mediacom Broadband LLC

  

Term Loan, 4.50%, Maturing October 23, 2017

      1,442        1,440,911   

Mediacom Illinois, LLC

  

Term Loan, 1.68%, Maturing January 30, 2015

      3,579        3,518,661   

Term Loan, 4.50%, Maturing October 23, 2017

      806        803,666   

P7S1 Broadcasting Holding II B.V.

  

Term Loan, 2.81%, Maturing July 1, 2016

  EUR     1,781        2,257,877   

UPC Broadband Holding B.V.

  

Term Loan, 3.87%, Maturing December 31, 2016

  EUR     2,353        3,032,956   

Term Loan, 4.12%, Maturing December 29, 2017

  EUR     1,619        2,096,626   
Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Cable and Satellite Television (continued)

  

UPC Financing Partnership

  

Term Loan, 3.71%, Maturing December 30, 2016

      409      $ 407,734   

Term Loan, 3.71%, Maturing December 29, 2017

      1,264        1,262,265   

Term Loan, 4.75%, Maturing December 29, 2017

      375        377,812   

WaveDivision Holdings, LLC

  

Term Loan, 5.50%, Maturing August 9, 2019

      325        328,449   
   
      $ 31,087,146   
   

Chemicals and Plastics — 5.0%

  

AZ Chem US Inc.

     

Term Loan, 7.25%, Maturing December 22, 2017

      1,830      $ 1,871,022   

Chemtura Corporation

     

Term Loan, Maturing August 27,
2016
(2)

      250        253,438   

Emerald Performance Materials, LLC

     

Term Loan, 6.75%, Maturing May 18, 2018

      698        706,105   

General Chemical Corporation

     

Term Loan, 5.00%, Maturing October 6, 2015

      526        528,649   

Harko C.V.

     

Term Loan, 5.75%, Maturing August 2, 2017

      520        523,486   

Houghton International, Inc.

     

Term Loan, 6.75%, Maturing January 29, 2016

      727        733,111   

Huntsman International, LLC

     

Term Loan, 2.79%, Maturing April 19, 2017

      1,532        1,529,642   

Ineos US Finance LLC

     

Term Loan, 6.50%, Maturing May 4, 2018

      3,433        3,485,659   

Momentive Performance Materials Inc.

     

Term Loan, 3.75%, Maturing May 5, 2015

      647        645,942   

Momentive Performance Materials USA Inc.

     

Term Loan, 3.75%, Maturing May 5, 2015

      1,388        1,384,972   

Momentive Specialty Chemicals Inc.

     

Term Loan, 4.00%, Maturing May 5, 2015

      1,656        1,651,817   

Term Loan, 4.13%, Maturing May 5, 2015

      474        461,906   

Term Loan, 4.13%, Maturing May 5, 2015

      752        750,407   

OEP Pearl Dutch Acquisition B.V.

     

Term Loan, 6.50%, Maturing March 30, 2018

      97        98,043   

Omnova Solutions Inc.

     

Term Loan, 5.50%, Maturing May 31, 2017

      983        991,097   

PolyOne Corp.

     

Term Loan, 5.00%, Maturing December 20, 2017

      496        500,748   

Schoeller Arca Systems Holding B.V.

     

Term Loan, 4.78%, Maturing November 16, 2015

  EUR     145        131,126   

Term Loan, 4.78%, Maturing November 16, 2015

  EUR     412        373,864   

Term Loan, 4.78%, Maturing November 16, 2015

  EUR     443        402,314   
 

 

  8   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2012

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Chemicals and Plastics (continued)

  

Sonneborn LLC

     

Term Loan, 6.50%, Maturing March 30, 2018

      550      $ 555,578   

Styron S.A.R.L., LLC

     

Term Loan, 8.00%, Maturing August 2, 2017

      2,567        2,456,623   

Taminco Global Chemical Corporation

     

Term Loan, 5.25%, Maturing February 15, 2019

      373        377,478   

Tronox Pigments (Netherlands) B.V.

     

Term Loan, 4.25%, Maturing February 8, 2018

      550        555,075   

Term Loan, 4.25%, Maturing February 8, 2018

      2,018        2,034,013   

Univar Inc.

     

Term Loan, 5.00%, Maturing June 30, 2017

      3,527        3,498,871   
                     
  $ 26,500,986   
                     

Clothing / Textiles — 0.5%

                   

Ascena Retail Group, Inc.

     

Term Loan, 4.75%, Maturing June 14, 2018

      873      $ 878,813   

Phillips-Van Heusen Corporation

     

Term Loan, 3.50%, Maturing May 6, 2016

      541        544,525   

Warnaco Inc.

     

Term Loan, 3.75%, Maturing June 15, 2018

      494        491,281   

Wolverine Worldwide, Inc.

     

Term Loan, 5.25%, Maturing July 31, 2019

      525        531,235   
                     
  $ 2,445,854   
                     

Conglomerates — 2.5%

  

Jason Incorporated

  

Term Loan, 8.25%, Maturing September 21, 2014

      169      $ 169,865   

Term Loan, 7.75%, Maturing September 22, 2014

      223        223,333   

Term Loan, 8.25%, Maturing September 22, 2014

      68        68,425   

Rexnord Corporation

  

Term Loan, 4.50%, Maturing April 2, 2018

      3,250        3,276,847   

RGIS Services, LLC

  

Term Loan, 4.61%, Maturing October 18, 2016

      2,508        2,501,289   

Term Loan, 5.50%, Maturing October 18, 2017

      1,393        1,398,189   

Rocket Software, Inc.

  

Term Loan, 5.75%, Maturing February 8, 2018

      1,241        1,249,154   

Term Loan - Second Lien, 10.25%, Maturing February 8, 2019

      750        755,625   

Spectrum Brands, Inc.

  

Term Loan, 5.02%, Maturing June 17, 2016

      1,606        1,611,787   

Walter Energy, Inc.

  

Term Loan, 5.75%, Maturing April 2, 2018

      2,092        2,067,488   
   
      $ 13,322,002   
   
Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Containers and Glass Products — 1.7%

  

Berry Plastics Holding Corporation

  

Term Loan, 2.21%, Maturing April 3, 2015

      1,929      $ 1,918,929   

BWAY Corporation

  

Term Loan, 5.25%, Maturing February 23, 2018

      152        152,664   

Term Loan, 5.25%, Maturing February 23, 2018

      1,359        1,362,058   

Hilex Poly Co. LLC

  

Term Loan, 11.25%, Maturing November 16, 2015

      768        783,348   

Pelican Products, Inc.

  

Term Loan, 7.00%, Maturing July 11, 2018

      499        502,491   

Reynolds Group Holdings Inc.

  

Term Loan, 4.75%, Maturing September 20, 2018

      2,900        2,916,124   

Sealed Air Corporation

  

Term Loan, 4.75%, Maturing October 3, 2018

      635        639,743   

TricorBraun, Inc.

  

Term Loan, 5.50%, Maturing May 3, 2018

      623        628,113   
   
      $ 8,903,470   
   

Cosmetics / Toiletries — 0.8%

  

Bausch & Lomb, Inc.

  

Term Loan, 5.25%, Maturing May 17, 2019

      2,993      $ 3,029,906   

KIK Custom Products, Inc.

  

Term Loan - Second Lien, 5.22%, Maturing November 28, 2014

      975        751,725   

Prestige Brands, Inc.

  

Term Loan, 5.28%, Maturing January 31, 2019

      409        414,314   
   
      $ 4,195,945   
   

Drugs — 1.4%

  

Aptalis Pharma, Inc.

  

Term Loan, 5.50%, Maturing February 10, 2017

      498      $ 499,677   

Term Loan, 5.50%, Maturing February 10, 2017

      1,970        1,979,812   

Par Pharmaceutical Companies, Inc.

  

Term Loan, 5.00%, Maturing September 30, 2019

      1,175        1,174,476   

Warner Chilcott Company, LLC

  

Term Loan, 4.25%, Maturing March 15, 2018

      725        728,426   

Warner Chilcott Corporation

     

Term Loan, 4.25%, Maturing March 15, 2018

      551        553,253   

Term Loan, 4.25%, Maturing March 15, 2018

      1,450        1,456,852   

WC Luxco S.a.r.l.

     

Term Loan, 4.25%, Maturing March 15, 2018

      997        1,001,586   
                     
  $ 7,394,082   
                     
 

 

  9   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2012

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Ecological Services and Equipment — 0.6%

                   

ADS Waste Holdings

     

Term Loan, 5.25%, Maturing September 11, 2019

      1,950      $ 1,970,516   

Envirotest Systems Holding Corp.

     

Term Loan - Second Lien, 15.50%, Maturing March 31, 2017(4)

      231        238,412   

Progressive Waste Solutions Ltd.

     

Term Loan, Maturing October 11,
2019
(2)

      525        529,922   

Viking Consortium Borrower Limited

     

Term Loan - Second Lien, 7.32%, Maturing March 31, 2016(3)

  GBP     523        232,179   
                     
  $ 2,971,029   
                     

Electronics / Electrical — 9.2%

                   

Aeroflex Incorporated

     

Term Loan, 5.75%, Maturing May 9, 2018

      1,852      $ 1,858,689   

Aspect Software, Inc.

     

Term Loan, 6.25%, Maturing May 6, 2016

      1,458        1,438,385   

Attachmate Corporation

     

Term Loan, 7.25%, Maturing November 22, 2017

      3,042        3,076,857   

Cinedigm Digital Funding I, LLC

     

Term Loan, 5.25%, Maturing April 29, 2016

      425        428,749   

CommScope, Inc.

     

Term Loan, 4.25%, Maturing January 12, 2018

      2,093        2,111,440   

CompuCom Systems, Inc.

     

Term Loan, 6.50%, Maturing October 2, 2018

      800        801,500   

Dealer Computer Services, Inc.

     

Term Loan, 3.75%, Maturing April 20, 2018

      1,539        1,549,469   

DG FastChannel, Inc.

     

Term Loan, 5.75%, Maturing July 26, 2018

      1,522        1,468,517   

Eagle Parent, Inc.

     

Term Loan, 5.00%, Maturing May 16, 2018

      2,568        2,586,114   

Edwards (Cayman Islands II) Limited

     

Term Loan, 5.50%, Maturing May 31, 2016

      432        433,784   

Term Loan, 5.50%, Maturing May 31, 2016

      1,072        1,076,327   

Freescale Semiconductor, Inc.

     

Term Loan, 4.46%, Maturing December 1, 2016

      3,498        3,428,258   

Hyland Software, Inc.

     

Term Loan, Maturing October 29,
2019
(2)

      350        350,583   

Magic Newco LLC

     

Term Loan, 7.25%, Maturing December 12, 2018

      1,400        1,406,125   

Microsemi Corporation

     

Term Loan, 4.00%, Maturing February 2, 2018

      1,457        1,468,413   

NeuStar, Inc.

     

Term Loan, 5.00%, Maturing November 8, 2018

      941        951,081   
Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Electronics / Electrical (continued)

                   

Nxp B.V.

     

Term Loan, 4.50%, Maturing March 3, 2017

      2,161      $ 2,194,977   

Term Loan, 5.50%, Maturing March 3, 2017

      1,015        1,038,005   

Term Loan, 5.25%, Maturing March 19, 2019

      1,617        1,642,475   

Open Solutions, Inc.

  

Term Loan, 2.44%, Maturing January 23, 2014

      1,985        1,919,533   

Rovi Solutions Corporation

  

Term Loan, 4.00%, Maturing March 29, 2019

      821        806,510   

SafeNet Inc.

  

Term Loan, 2.71%, Maturing April 12, 2014

      812        809,566   

Semtech Corporation

  

Term Loan, 4.25%, Maturing March 20, 2017

      398        401,483   

Sensata Technologies Finance Company, LLC

  

Term Loan, 4.00%, Maturing May 11, 2018

      3,481        3,498,342   

Serena Software, Inc.

  

Term Loan, 4.22%, Maturing March 10, 2016

      474        470,445   

Term Loan, 5.00%, Maturing March 10, 2016

      350        351,313   

Shield Finance Co. S.A.R.L.

  

Term Loan, 6.50%, Maturing May 10, 2019

      998        1,003,734   

SkillSoft Corporation

  

Term Loan, 5.00%, Maturing May 26, 2017

      1,223        1,236,283   

Sophia, L.P.

  

Term Loan, 6.25%, Maturing July 19, 2018

      1,373        1,394,640   

Spansion LLC

  

Term Loan, 4.75%, Maturing February 9, 2015

      486        491,744   

SS&C Technologies Inc.

  

Term Loan, 5.00%, Maturing June 7, 2019

      131        132,140   

Term Loan, 5.00%, Maturing June 7, 2019

      1,263        1,279,329   

VeriFone Inc.

  

Term Loan, 4.25%, Maturing December 28, 2018

      215        215,607   

Vertafore, Inc.

  

Term Loan, 5.25%, Maturing July 29, 2016

      983        986,602   

Wall Street Systems, Inc.

  

Term Loan, Maturing October 24,
2019
(2)

      1,175        1,160,312   

Term Loan - Second Lien, Maturing April 24, 2020(2)

      500        498,125   

Web.com Group, Inc.

  

Term Loan, 7.00%, Maturing October 27, 2017

      2,515        2,518,436   
   
      $ 48,483,892   
   

Equipment Leasing — 1.1%

  

BakerCorp International, Inc.

  

Term Loan, 5.00%, Maturing June 1, 2018

      1,328      $ 1,335,135   

Delos Aircraft Inc.

  

Term Loan, 4.75%, Maturing April 12, 2016

      1,275        1,295,719   
 

 

  10   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2012

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Equipment Leasing (continued)

  

Flying Fortress Inc.

  

Term Loan, 5.00%, Maturing June 30, 2017

      3,350      $ 3,408,625   
   
      $ 6,039,479   
   

Financial Intermediaries — 5.5%

  

American Capital Holdings, Inc.

  

Term Loan, 5.50%, Maturing August 22, 2016

      825      $ 831,187   

Asset Acceptance Capital Corp.

  

Term Loan, 8.75%, Maturing November 14, 2017

      1,251        1,263,762   

CB Richard Ellis Services, Inc.

  

Term Loan, 3.46%, Maturing March 5, 2018

      686        687,321   

Term Loan, 3.71%, Maturing September 4, 2019

      648        649,137   

Citco III Limited

  

Term Loan, 5.50%, Maturing June 29, 2018

      1,629        1,644,650   

First Data Corporation

  

Term Loan, 2.96%, Maturing September 24, 2014

      11        11,435   

Term Loan, 2.96%, Maturing September 24, 2014

      55        55,069   

Term Loan, 2.96%, Maturing September 24, 2014

      133        132,832   

Term Loan, 4.21%, Maturing March 23, 2018

      1,636        1,569,124   

Term Loan, 5.21%, Maturing September 24, 2018

      1,225        1,203,817   

Grosvenor Capital Management Holdings, LLP

     

Term Loan, 4.25%, Maturing December 5, 2016

      1,294        1,273,150   

Hamilton Lane Advisors, LLC

     

Term Loan, 6.50%, Maturing February 23, 2018

      707        706,875   

Harbourvest Partners, LLC

     

Term Loan, 6.25%, Maturing December 16, 2016

      933        935,437   

iPayment, Inc.

     

Term Loan, 5.75%, Maturing May 8, 2017

      917        914,782   

LPL Holdings, Inc.

     

Term Loan, 2.71%, Maturing March 29, 2017

      780        771,225   

Term Loan, 4.00%, Maturing March 29, 2019

      3,060        3,076,835   

Mercury Payment Systems Canada, LLC

     

Term Loan, 5.50%, Maturing July 3, 2017

      992        1,001,794   

MIP Delaware, LLC

     

Term Loan, 5.50%, Maturing July 12, 2018

      662        668,809   

Nuveen Investments, Inc.

     

Term Loan, 5.85%, Maturing May 12, 2017

      2,429        2,432,006   

Term Loan, 5.84%, Maturing May 13, 2017

      2,276        2,281,576   

Term Loan, 7.25%, Maturing May 13, 2017

      1,492        1,498,271   

Oz Management LP

     

Term Loan, 1.71%, Maturing November 15, 2016

      1,318        1,180,300   

RJO Holdings Corp.

     

Term Loan, 6.22%, Maturing December 10, 2015(4)

      7        5,773   

Term Loan, 6.97%, Maturing December 10, 2015(4)

      223        171,617   
Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Financial Intermediaries (continued)

  

RPI Finance Trust

     

Term Loan, 3.50%, Maturing May 9, 2018

      3,451      $ 3,466,514   

Vantiv, LLC

     

Term Loan, 3.75%, Maturing March 27, 2019

      473        474,102   
                     
  $ 28,907,400   
                     

Food Products — 4.2%

                   

AdvancePierre Foods, Inc.

     

Term Loan, 5.75%, Maturing July 10, 2017

      1,275      $ 1,287,218   

American Seafoods Group LLC

     

Term Loan, 4.25%, Maturing March 16, 2018

      636        630,192   

Blue Buffalo Company, Ltd.

     

Term Loan, 6.50%, Maturing August 8, 2019

      1,150        1,158,625   

Clearwater Seafoods Limited Partnership

     

Term Loan, 6.75%, Maturing June 6, 2018

      1,047        1,051,303   

Del Monte Foods Company

     

Term Loan, 4.50%, Maturing March 8, 2018

      4,244        4,244,312   

Dole Food Company Inc.

     

Term Loan, 5.04%, Maturing July 6, 2018

      959        963,206   

Hearthside Food Solutions, LLC

     

Term Loan, 6.50%, Maturing June 5, 2018

      1,172        1,173,527   

High Liner Foods Incorporated

     

Term Loan, 7.00%, Maturing December 19, 2017

      645        648,754   

JBS USA Holdings Inc.

     

Term Loan, 4.25%, Maturing May 25, 2018

      988        987,500   

Michael Foods Group, Inc.

     

Term Loan, 4.25%, Maturing February 23, 2018

      670        674,056   

NBTY, Inc.

  

Term Loan, 4.25%, Maturing October 2, 2017

      2,809        2,827,084   

Pinnacle Foods Finance LLC

     

Term Loan, 4.75%, Maturing October 17, 2018

      274        275,335   

Term Loan, 4.75%, Maturing October 17, 2018

      4,738        4,757,869   

Solvest Ltd.

     

Term Loan, 5.02%, Maturing July 6, 2018

      1,716        1,723,634   
                     
  $ 22,402,615   
                     

Food Service — 5.5%

                   

Aramark Corporation

     

Term Loan, 3.40%, Maturing July 26, 2016

      169      $ 169,341   

Term Loan, 3.46%, Maturing July 26, 2016

      4,621        4,634,719   

Term Loan, 3.46%, Maturing July 26, 2016

      304        304,802   

Term Loan, 3.57%, Maturing July 26, 2016

      2,094        2,099,359   

Term Loan, 3.97%, Maturing July 26, 2016

  GBP     950        1,514,857   
 

 

  11   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2012

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Food Service (continued)

                   

Brasa Holdings, Inc.

     

Term Loan, 7.50%, Maturing July 19, 2019

      450      $ 454,500   

Buffets, Inc.

     

Term Loan, 0.24%, Maturing April 22, 2015(4)

      102        102,002   

Burger King Corporation

     

Term Loan, 3.75%, Maturing September 27, 2019

      2,250        2,261,954   

Centerplate, Inc.

     

Term Loan, 5.75%, Maturing October 15, 2018

      375        377,813   

DineEquity, Inc.

     

Term Loan, 4.25%, Maturing October 19, 2017

      1,035        1,043,339   

Dunkin’ Brands, Inc.

     

Term Loan, 4.00%, Maturing November 23, 2017

      3,039        3,053,132   

Landry’s, Inc.

     

Term Loan, 6.50%, Maturing April 24, 2018

      1,318        1,334,580   

NPC International, Inc.

     

Term Loan, 5.25%, Maturing December 28, 2018

      672        683,378   

OSI Restaurant Partners, LLC

     

Term Loan, 4.75%, Maturing October 24, 2019

      2,650        2,661,262   

P.F. Chang’s China Bistro Inc.

     

Term Loan, 6.25%, Maturing July 2, 2019

      425        430,490   

Sagittarius Restaurants, LLC

     

Term Loan, 7.51%, Maturing May 18, 2015

      390        390,975   

US Foods, Inc.

     

Term Loan, 2.71%, Maturing July 3, 2014

      864        855,981   

Term Loan, 5.75%, Maturing March 31, 2017

      3,584        3,538,924   

Weight Watchers International, Inc.

     

Term Loan, 4.00%, Maturing March 15, 2019

      1,318        1,322,660   

Wendy’s International, Inc.

     

Term Loan, 4.75%, Maturing May 15, 2019

      1,950        1,970,516   
                     
  $ 29,204,584   
                     

Food / Drug Retailers — 4.7%

                   

Alliance Boots Holdings Limited

     

Term Loan, 3.08%, Maturing July 9, 2015

  EUR     1,000      $ 1,268,374   

Term Loan, 3.49%, Maturing July 9, 2015

  GBP     3,775        5,905,923   

Fairway Group Acquisition Company

     

Term Loan, 8.25%, Maturing August 17, 2018

      500        505,000   

General Nutrition Centers, Inc.

     

Term Loan, 3.75%, Maturing March 2, 2018

      6,122        6,138,287   

Pantry, Inc. (The)

  

Term Loan, 5.75%, Maturing August 2, 2019

      425        428,365   

Rite Aid Corporation

     

Term Loan, 1.97%, Maturing June 4, 2014

      7,924        7,868,973   

Term Loan, 4.50%, Maturing March 2, 2018

      2,103        2,099,298   
Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Food / Drug Retailers (continued)

                   

Sprouts Farmers Markets Holdings, LLC

     

Term Loan, 6.00%, Maturing April 18, 2018

      574      $ 579,298   
                     
  $ 24,793,518   
                     

Health Care — 17.9%

                   

Alere, Inc.

     

Term Loan, 4.75%, Maturing June 30, 2017

      473      $ 476,760   

Term Loan, 4.75%, Maturing June 30, 2017

      571        575,235   

Term Loan, 4.75%, Maturing June 30, 2017

      2,351        2,369,987   

Alliance Healthcare Services, Inc.

     

Term Loan, 7.25%, Maturing June 1, 2016

      1,105        1,088,454   

Ardent Medical Services, Inc.

     

Term Loan, 6.50%, Maturing September 15, 2015

      1,770        1,774,121   

AssuraMed.

     

Term Loan, Maturing October 23,
2019
(2)

      825        829,812   

Aveta, Inc.

     

Term Loan, 8.50%, Maturing April 4, 2017

      650        650,094   

Term Loan, 8.50%, Maturing April 4, 2017

      650        650,094   

Term Loan, Maturing October 9,
2017
(2)

      709        705,664   

Term Loan, Maturing October 26,
2017
(2)

      516        513,211   

Biomet Inc.

     

Term Loan, 3.96%, Maturing July 25, 2017

      3,658        3,684,648   

BSN Medical Acquisition Holding GmbH

     

Term Loan, 5.00%, Maturing August 28, 2019

      575        577,875   

Catalent Pharma Solutions Inc.

     

Term Loan, 4.21%, Maturing September 15, 2016

      2,116        2,126,878   

Term Loan, 5.25%, Maturing September 15, 2017

      1,118        1,129,697   

Community Health Systems, Inc.

     

Term Loan, 3.92%, Maturing January 25, 2017

      6,865        6,903,697   

Convatec Inc.

     

Term Loan, 5.00%, Maturing December 22, 2016

      1,470        1,481,457   

CRC Health Corporation

     

Term Loan, 4.86%, Maturing November 16, 2015

      1,906        1,856,437   

DaVita, Inc.

     

Term Loan, 4.50%, Maturing October 20, 2016

      2,948        2,968,855   

Term Loan, Maturing September 2, 2019(2)

      3,125        3,138,022   

DJO Finance LLC

     

Term Loan, 5.21%, Maturing November 1, 2016

      381        382,014   

Term Loan, 6.25%, Maturing September 15, 2017

      323        325,315   

Drumm Investors LLC

     

Term Loan, 5.00%, Maturing May 4, 2018

      1,977        1,908,966   

Emdeon, Inc.

     

Term Loan, 5.00%, Maturing November 2, 2018

      796        805,328   
 

 

  12   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2012

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Health Care (continued)

                   

Emergency Medical Services Corporation

     

Term Loan, 5.25%, Maturing May 25, 2018

      2,039      $ 2,060,092   

Grifols Inc.

     

Term Loan, 4.50%, Maturing June 1, 2017

      2,935        2,970,705   

Hanger Orthopedic Group, Inc.

     

Term Loan, 4.01%, Maturing December 1, 2016

      662        664,921   

HCA, Inc.

     

Term Loan, 3.61%, Maturing March 31, 2017

      6,168        6,186,648   

Term Loan, 3.46%, Maturing May 1, 2018

      2,572        2,578,358   

Health Management Associates, Inc.

     

Term Loan, 4.50%, Maturing November 16, 2018

      1,290        1,303,507   

Hologic Inc.

     

Term Loan, 4.50%, Maturing August 1, 2019

      1,870        1,893,886   

Iasis Healthcare LLC

     

Term Loan, 5.00%, Maturing May 3, 2018

      1,650        1,657,093   

inVentiv Health, Inc.

     

Term Loan, 6.50%, Maturing August 4, 2016

      1,865        1,823,519   

Term Loan, 6.75%, Maturing May 15, 2018

      1,659        1,617,574   

Kindred Healthcare, Inc.

     

Term Loan, 5.25%, Maturing June 1, 2018

      2,797        2,763,911   

Kinetic Concepts, Inc.

     

Term Loan, 7.00%, Maturing May 4, 2018

      3,995        4,054,735   

LHP Hospital Group, Inc.

     

Term Loan, 9.00%, Maturing July 3, 2018

      549        554,111   

MedAssets, Inc.

     

Term Loan, 5.25%, Maturing November 16, 2016

      705        712,805   

Medpace, Inc.

     

Term Loan, 6.50%, Maturing June 16, 2017

      807        778,788   

Multiplan, Inc.

     

Term Loan, 4.75%, Maturing August 26, 2017

      3,015        3,032,752   

MX USA, Inc.

     

Term Loan, 6.50%, Maturing April 28, 2017

      572        569,264   

One Call Medical, Inc.

     

Term Loan, 7.00%, Maturing August 16, 2019

      900        904,500   

Onex Carestream Finance LP

     

Term Loan, 5.00%, Maturing February 25, 2017

      1,501        1,488,474   

Pharmaceutical Product Development, Inc.

     

Term Loan, 6.25%, Maturing December 5, 2018

      1,935        1,961,383   

Physiotherapy Associates Holdings, Inc.

     

Term Loan, 6.01%, Maturing April 30, 2018

      299        299,998   

Radnet Management, Inc.

     

Term Loan, 5.51%, Maturing September 30, 2018

      1,475        1,478,381   

Select Medical Corporation

     

Term Loan, 5.50%, Maturing June 1, 2018

      3,007        3,032,945   
Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Health Care (continued)

                   

Sheridan Holdings, Inc.

     

Term Loan, 6.00%, Maturing June 29, 2018

      574      $ 578,940   

Sunrise Medical Holdings B.V.

     

Term Loan, 7.25%, Maturing May 13, 2014

  EUR     228        291,544   

TriZetto Group, Inc. (The)

     

Term Loan, 4.75%, Maturing May 2, 2018

      1,457        1,452,694   

Truven Health Analytics Inc.

     

Term Loan, 5.75%, Maturing June 1, 2019

      1,650        1,655,156   

Universal Health Services, Inc.

     

Term Loan, 3.75%, Maturing November 15, 2016

      1,072        1,077,592   

Valeant Pharmaceuticals International, Inc.

     

Term Loan, 4.25%, Maturing February 13, 2019

      1,868        1,878,085   

Term Loan, Maturing September 27, 2019(2)

      2,000        2,011,000   

Vanguard Health Holding Company II, LLC

     

Term Loan, 5.00%, Maturing January 29, 2016

      2,059        2,074,384   

VWR Funding, Inc.

     

Term Loan, 2.71%, Maturing June 30, 2014

      1,100        1,101,491   

Term Loan, 4.46%, Maturing April 3, 2017

      1,100        1,105,843   
                     
  $ 94,537,700   
                     

Home Furnishings — 0.4%

  

Hunter Fan Company

     

Term Loan, 2.83%, Maturing April 16, 2014

      293      $ 279,789   

Serta Simmons Holdings, LLC

     

Term Loan, 5.00%, Maturing October 1, 2019

      1,650        1,651,719   
                     
  $ 1,931,508   
                     

Industrial Equipment — 2.4%

                   

Colfax Corporation

     

Term Loan, 4.50%, Maturing January 11, 2019

      1,290      $ 1,304,650   

Excelitas Technologies Corp.

     

Term Loan, 5.00%, Maturing November 23, 2016

      980        977,555   

Generac Power Systems, Inc.

     

Term Loan, 6.25%, Maturing February 8, 2019

      1,546        1,582,845   

Grede LLC

     

Term Loan, 7.00%, Maturing April 3, 2017

      809        810,521   

Husky Injection Molding Systems Ltd.

     

Term Loan, 5.75%, Maturing June 29, 2018

      3,280        3,328,709   

Kion Group GMBH

     

Term Loan, 3.46%, Maturing December 23, 2014(3)

      1,041        1,023,086   

Term Loan, 3.96%, Maturing December 23, 2015(3)

      1,041        1,023,086   

Manitowoc Company, Inc. (The)

     

Term Loan, 4.25%, Maturing November 13, 2017

      500        503,246   
 

 

  13   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2012

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Industrial Equipment (continued)

                   

Tank Holding Corp.

     

Term Loan, 5.50%, Maturing July 9, 2019

      985      $ 991,559   

Terex Corporation

     

Term Loan, 4.50%, Maturing April 28, 2017

      693        698,739   

Unifrax Corporation

     

Term Loan, 6.50%, Maturing November 28, 2018

      571        577,611   
                     
  $ 12,821,607   
                     

Insurance — 5.1%

                   

Alliant Holdings I, Inc.

     

Term Loan, 3.36%, Maturing August 21, 2014

      2,333      $ 2,330,321   

AmWINS Group, Inc.

     

Term Loan, 5.75%, Maturing June 6, 2019

      998        1,001,241   

Term Loan - Second Lien, 9.25%, Maturing December 6, 2019

      3,275        3,289,328   

Applied Systems, Inc.

     

Term Loan, 5.50%, Maturing December 8, 2016

      572        573,555   

Term Loan, 5.50%, Maturing December 8, 2016

      1,327        1,330,974   

Asurion LLC

     

Term Loan, 5.50%, Maturing May 24, 2018

      7,423        7,485,580   

Term Loan - Second Lien, 9.00%, Maturing May 24, 2019

      713        739,087   

CCC Information Services, Inc.

     

Term Loan, 5.75%, Maturing November 11, 2015

      1,360        1,367,838   

Cunningham Lindsey Group Inc.

     

Term Loan, Maturing October 29, 2019(2)

      675        676,266   

Hub International Limited

     

Term Loan, 4.71%, Maturing June 13, 2017

      2,626        2,647,444   

Term Loan, 6.75%, Maturing December 13, 2017

      558        564,795   

Towergate Finance, PLC

     

Term Loan, 6.50%, Maturing August 4, 2017

  GBP     1,000        1,589,543   

USI Holdings Corporation

     

Term Loan, 2.72%, Maturing May 5, 2014

      2,944        2,946,242   

Term Loan, 5.75%, Maturing May 5, 2014

      399        399,998   
                     
  $ 26,942,212   
                     

Leisure Goods / Activities / Movies — 7.3%

  

Alpha D2 Limited

     

Term Loan, 6.00%, Maturing April 29, 2019

      1,990      $ 2,009,900   

AMC Entertainment, Inc.

     

Term Loan, 4.25%, Maturing December 15, 2016

      3,669        3,693,945   

Term Loan, 4.75%, Maturing February 22, 2018

      968        976,238   

AMC Networks Inc.

     

Term Loan, 4.00%, Maturing December 31, 2018

      1,333        1,343,957   
Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Leisure Goods / Activities / Movies (continued)

  

Bombardier Recreational Products, Inc.

     

Term Loan, 4.46%, Maturing June 28, 2016

      2,781      $ 2,799,381   

Bright Horizons Family Solutions, Inc.

     

Term Loan, 4.22%, Maturing May 28, 2015

      901        903,089   

Cedar Fair, L.P.

     

Term Loan, 4.00%, Maturing December 15, 2017

      1,888        1,903,181   

Cinemark USA, Inc.

     

Term Loan, 3.47%, Maturing April 29, 2016

      3,399        3,426,190   

Clubcorp Club Operations, Inc.

     

Term Loan, 6.00%, Maturing November 30, 2016

      2,618        2,639,749   

Dave & Buster’s, Inc.

     

Term Loan, 5.50%, Maturing June 1, 2016

      975        979,875   

Fender Musical Instruments Corporation

     

Term Loan, 2.47%, Maturing June 9, 2014

      271        270,732   

Term Loan, 2.47%, Maturing June 9, 2014

      533        533,112   

Live Nation Entertainment, Inc.

     

Term Loan, 4.50%, Maturing November 7, 2016

      2,592        2,608,877   

Regal Cinemas, Inc.

     

Term Loan, 3.24%, Maturing August 23, 2017

      2,827        2,839,426   

Revolution Studios Distribution Company, LLC

     

Term Loan, 3.97%, Maturing December 21, 2014(4)

      743        607,015   

Term Loan - Second Lien, 7.22%, Maturing June 21, 2015(4)

      800        426,000   

SeaWorld Parks & Entertainment, Inc.

     

Term Loan, 4.00%, Maturing August 17, 2017

      2,307        2,323,969   

Six Flags Theme Parks, Inc.

     

Term Loan, 4.25%, Maturing December 20, 2018

      2,150        2,166,787   

Town Sports International Inc.

     

Term Loan, 5.75%, Maturing May 11, 2018

      1,739        1,760,445   

Zuffa LLC

     

Term Loan, 2.25%, Maturing June 19, 2015

      3,861        3,806,532   

Term Loan, 7.50%, Maturing June 19, 2015

      746        751,787   
                     
  $ 38,770,187   
                     

Lodging and Casinos — 3.0%

                   

Affinity Gaming, LLC

     

Term Loan, 5.50%, Maturing November 9, 2017

      423      $ 428,689   

Ameristar Casinos, Inc.

     

Term Loan, 4.00%, Maturing April 16, 2018

      1,029        1,037,018   

Caesars Entertainment Operating Company

     

Term Loan, 9.50%, Maturing October 31, 2016

      2,917        2,999,353   

Term Loan, 5.46%, Maturing January 26, 2018

      2,081        1,874,567   

Gala Group LTD

     

Term Loan, 5.51%, Maturing May 30, 2018

  GBP     2,625        3,984,044   
 

 

  14   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2012

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Lodging and Casinos (continued)

                   

Isle of Capri Casinos, Inc.

     

Term Loan, 4.75%, Maturing March 24, 2017

      911      $ 920,236   

Las Vegas Sands LLC

  

Term Loan, 2.72%, Maturing November 23, 2016

      467        467,304   

Term Loan, 2.72%, Maturing November 23, 2016

      1,850        1,850,026   

LodgeNet Entertainment Corporation

  

Term Loan, 8.50%, Maturing April 4, 2014

      1,018        793,512   

Penn National Gaming, Inc.

  

Term Loan, Maturing July 16, 2018(2)

      350        352,078   

Pinnacle Entertainment, Inc.

  

Term Loan, 4.00%, Maturing March 19, 2019

      572        575,701   

Tropicana Entertainment Inc.

  

Term Loan, 7.50%, Maturing March 16, 2018

      348        351,080   
   
      $ 15,633,608   
   

Nonferrous Metals / Minerals — 2.5%

  

Arch Coal Inc.

  

Term Loan, 5.75%, Maturing May 16, 2018

      2,369      $ 2,391,102   

Fairmount Minerals LTD

  

Term Loan, 5.25%, Maturing March 15, 2017

      3,163        3,167,381   

Noranda Aluminum Acquisition Corporation

  

Term Loan, 5.75%, Maturing February 24, 2019

      1,020        1,030,711   

Novelis, Inc.

  

Term Loan, 4.00%, Maturing March 10, 2017

      668        668,943   

Term Loan, 4.00%, Maturing March 10, 2017

      2,014        2,016,216   

Oxbow Carbon and Mineral Holdings LLC

  

Term Loan, 3.71%, Maturing May 8, 2016

      2,528        2,537,403   

United Distribution Group, Inc.

  

Term Loan, 7.50%, Maturing October 9, 2018

      1,175        1,133,875   

Term Loan - Second Lien, 12.50%, Maturing April 12, 2019

      500        477,500   
   
      $ 13,423,131   
   

Oil and Gas — 5.0%

  

Buffalo Gulf Coast Terminals LLC

  

Term Loan, 7.50%, Maturing October 31, 2017

      545      $ 555,390   

Citgo Petroleum Corporation

  

Term Loan, 8.00%, Maturing June 24, 2015

      182        183,218   

Term Loan, 9.00%, Maturing June 23, 2017

      2,517        2,565,831   

Crestwood Holdings LLC

  

Term Loan, 9.75%, Maturing March 26, 2018

      2,070        2,101,336   

Energy Transfer Equity, L.P.

  

Term Loan, 3.75%, Maturing March 24, 2017

      2,625        2,627,370   
Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Oil and Gas (continued)

  

Frac Tech International LLC

  

Term Loan, 8.50%, Maturing May 6, 2016

      1,972      $ 1,781,255   

Gibson Energy ULC

  

Term Loan, 4.75%, Maturing June 15, 2018

      2,313        2,340,846   

MEG Energy Corp.

  

Term Loan, 4.00%, Maturing March 16, 2018

      1,213        1,219,951   

Obsidian Natural Gas Trust

  

Term Loan, 7.00%, Maturing November 2, 2015

      2,618        2,631,541   

Plains Exploration & Production

  

Term Loan, Maturing September 13, 2019(2)

      2,000        2,011,608   

Samson Investment Company

  

Term Loan - Second Lien, 6.00%, Maturing September 25, 2018

      850        858,899   

Sheridan Production Partners I, LLC

  

Term Loan, 5.00%, Maturing September 14, 2019

      2,019        2,022,201   

Term Loan, 5.00%, Maturing September 25, 2019

      163        163,670   

Term Loan, 5.00%, Maturing September 25, 2019

      268        267,958   

Tallgrass Energy Partners, LP

  

Term Loan, Maturing October 25,
2018
(2)

      2,125        2,128,984   

Tervita Corporation

     

Term Loan, 3.21%, Maturing November 14, 2014

      2,488        2,450,419   

Term Loan, 6.50%, Maturing November 14, 2014

      546        546,785   
                     
  $ 26,457,262   
                     

Publishing — 5.5%

                   

Ascend Learning, Inc.

     

Term Loan, 5.75%, Maturing May 23, 2017

      3,187      $ 3,197,408   

Aster Zweite Beteiligungs GmbH

     

Term Loan, 5.97%, Maturing December 31, 2014

      93        91,073   

Term Loan, 5.97%, Maturing December 31, 2014

      1,543        1,505,454   

Term Loan, 5.97%, Maturing December 31, 2014

      1,614        1,575,480   

Cengage Learning Acquisitions, Inc.

     

Term Loan, 2.47%, Maturing July 3, 2014

      982        938,953   

GateHouse Media Operating, Inc.

     

Term Loan, 2.22%, Maturing August 28, 2014

      856        295,704   

Term Loan, 2.22%, Maturing August 28, 2014

      2,042        704,969   

Term Loan, 2.47%, Maturing August 28, 2014

      663        228,968   

Getty Images, Inc.

     

Term Loan, 4.75%, Maturing September 13, 2019

      4,775        4,801,263   

Instant Web, Inc.

     

Term Loan, 3.59%, Maturing August 7, 2014

      163        126,988   

Term Loan, 3.59%, Maturing August 7, 2014

      1,562        1,218,189   

Interactive Data Corporation

     

Term Loan, 4.50%, Maturing February 12, 2018

      3,138        3,161,712   
 

 

  15   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2012

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Publishing (continued)

                   

Lamar Media Corporation

     

Term Loan, 4.00%, Maturing December 30, 2016

      552      $ 556,186   

Laureate Education, Inc.

     

Term Loan, 5.25%, Maturing June 18, 2018

      5,784        5,769,420   

MediaNews Group

     

Term Loan, 8.50%, Maturing March 19, 2014

      79        77,466   

Merrill Communications, LLC

     

Term Loan, 9.75%, Maturing December 24, 2012

      1,225        1,222,246   

Nelson Education Ltd.

     

Term Loan, 2.86%, Maturing July 3, 2014

      462        391,719   

Nielsen Finance LLC

     

Term Loan, 3.97%, Maturing May 2, 2016

      1,943        1,954,866   

Source Interlink Companies, Inc.

     

Term Loan, 15.00%, Maturing March 18, 2014(3)(4)

      747        318,827   

Term Loan - Second Lien, 10.75%, Maturing June 18, 2013

      886        779,849   
                     
  $ 28,916,740   
                     

Radio and Television — 3.5%

                   

Clear Channel Communications, Inc.

     

Term Loan, 3.86%, Maturing January 29, 2016

      1,516      $ 1,259,075   

Cumulus Media Holdings Inc.

     

Term Loan, 5.75%, Maturing September 17, 2018

      4,636        4,670,116   

Term Loan - Second Lien, 7.50%, Maturing September 16, 2019

      1,000        1,015,250   

Entercom Radio, LLC

     

Term Loan, 6.25%, Maturing November 23, 2018

      510        513,234   

Foxco Acquisition Sub, LLC

     

Term Loan, 5.50%, Maturing July 31, 2017

      1,375        1,395,625   

Gray Television, Inc.

     

Term Loan, 3.59%, Maturing October 15, 2019(5)

      500        503,125   

Hubbard Radio, LLC

  

Term Loan, 5.25%, Maturing April 28, 2017

      851        857,300   

LIN Television Corp.

  

Term Loan, 5.00%, Maturing December 21, 2018

      596        602,572   

Mission Broadcasting, Inc.

  

Term Loan, 5.00%, Maturing September 30, 2016

      515        515,941   

Nexstar Broadcasting, Inc.

  

Term Loan, 5.00%, Maturing September 30, 2016

      805        807,026   

Raycom TV Broadcasting, Inc.

  

Term Loan, 4.25%, Maturing May 31, 2017

      864        859,742   

Sinclair Television Group Inc.

  

Term Loan, 4.00%, Maturing October 28, 2016

      732        737,077   
Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Radio and Television (continued)

                   

Univision Communications Inc.

  

Term Loan, 4.46%, Maturing March 31, 2017

      3,825      $ 3,753,009   

Weather Channel

  

Term Loan, 4.25%, Maturing February 13, 2017

      1,112        1,121,683   
   
      $ 18,610,775   
   

Retailers (Except Food and Drug) — 4.8%

  

99 Cents Only Stores

  

Term Loan, 5.25%, Maturing January 11, 2019

      1,491      $ 1,511,016   

David’s Bridal, Inc.

  

Term Loan, 5.00%, Maturing October 11, 2019

      650        649,797   

Evergreen Acqco 1 LP

  

Term Loan, 5.00%, Maturing July 9, 2019

      673        676,398   

FTD, Inc.

  

Term Loan, 4.75%, Maturing June 11, 2018

      1,184        1,191,013   

Harbor Freight Tools USA, Inc.

  

Term Loan, 5.50%, Maturing November 14, 2017

      998        1,008,722   

J Crew Group, Inc.

  

Term Loan, 4.75%, Maturing March 7, 2018

      2,072        2,076,847   

Jo-Ann Stores, Inc.

  

Term Loan, 4.75%, Maturing March 16, 2018

      1,934        1,936,779   

Michaels Stores, Inc.

  

Term Loan, 4.91%, Maturing July 29, 2016

      926        935,601   

National Vision, Inc.

  

Term Loan, 7.00%, Maturing August 2, 2018

      798        809,970   

Neiman Marcus Group, Inc. (The)

  

Term Loan, 4.75%, Maturing May 16, 2018

      3,800        3,815,979   

Ollie’s Bargain Outlet, Inc.

  

Term Loan, 6.25%, Maturing September 27, 2019

      475        476,781   

Pep Boys-Manny, Moe & Jack (The)

  

Term Loan, 5.00%, Maturing October 17, 2018

      475        478,958   

Petco Animal Supplies, Inc.

  

Term Loan, 4.50%, Maturing November 24, 2017

      2,215        2,228,964   

Pilot Travel Centers LLC

  

Term Loan, 3.75%, Maturing March 30, 2018

      1,773        1,784,196   

Term Loan, 4.25%, Maturing August 7, 2019

      600        605,063   

ServiceMaster Company

  

Term Loan, 4.46%, Maturing January 31, 2017

      2,449        2,463,058   

Visant Holding Corp.

  

Term Loan, 5.25%, Maturing December 22, 2016

      1,319        1,273,892   
 

 

  16   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2012

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Retailers (Except Food and Drug) (continued)

  

Vivarte SA

  

Term Loan, 2.42%, Maturing March 9, 2015

  EUR     29      $ 29,800   

Term Loan, 2.42%, Maturing March 9, 2015

  EUR     62        65,155   

Term Loan, 2.42%, Maturing March 9, 2015

  EUR     347        362,140   

Term Loan, 2.92%, Maturing March 8, 2016

  EUR     18        19,193   

Term Loan, 2.92%, Maturing March 8, 2016

  EUR     71        74,246   

Term Loan, 2.92%, Maturing March 8, 2016

  EUR     440        459,620   

Wilton Brands LLC

  

Term Loan, 7.50%, Maturing August 30, 2018

      650        656,906   
   
      $ 25,590,094   
   

Steel — 1.9%

  

Essar Steel Algoma, Inc.

  

Term Loan, 8.75%, Maturing September 19, 2014

      1,050      $ 1,063,125   

FMG America Finance, Inc.

  

Term Loan, 5.25%, Maturing October 18, 2017

      5,825        5,810,437   

JMC Steel Group, Inc.

  

Term Loan, 4.75%, Maturing April 3, 2017

      690        698,127   

Patriot Coal Corporation

  

Term Loan, 9.25%, Maturing October 4, 2013

      825        831,188   

SunCoke Energy, Inc.

  

Term Loan, 4.00%, Maturing July 26, 2018

      494        496,220   

Waupaca Foundry, Inc.

  

Term Loan, 8.50%, Maturing June 29, 2017

      642        649,898   

WireCo WorldGroup, Inc.

  

Term Loan, 6.00%, Maturing February 15, 2017

      625        632,813   
   
      $ 10,181,808   
   

Surface Transport — 1.3%

  

Hertz Corporation (The)

  

Term Loan, 3.75%, Maturing March 9, 2018

      3,472      $ 3,468,326   

Term Loan, Maturing March 11,
2018
(2)

      1,800        1,796,625   

Swift Transportation Co. Inc.

  

Term Loan, 5.00%, Maturing December 21, 2017

      1,812        1,826,756   
   
      $ 7,091,707   
   

Telecommunications — 6.0%

  

Alaska Communications Systems Holdings, Inc.

  

Term Loan, 5.50%, Maturing October 21, 2016

      1,793      $ 1,665,307   

Cellular South, Inc.

  

Term Loan, 4.50%, Maturing July 27, 2017

      839        841,473   

Cricket Communications, Inc.

  

Term Loan, 4.75%, Maturing October 10, 2019

      475        477,969   
Borrower/Tranche Description   Principal
Amount*
(000’s omitted)
    Value  
     

Telecommunications (continued)

  

Crown Castle International Corporation

  

Term Loan, 4.00%, Maturing January 31, 2019

      1,861      $ 1,873,849   

Intelsat Jackson Holdings Ltd.

  

Term Loan, 4.50%, Maturing April 2, 2018

      10,221        10,310,965   

Macquarie UK Broadcast Limited

  

Term Loan, 3.00%, Maturing December 1, 2014

  GBP     755        1,153,239   

MetroPCS Wireless, Inc.

  

Term Loan, 4.00%, Maturing March 16, 2018

      3,940        3,955,528   

Oberthur Technologies Holding SAS

  

Term Loan, 6.25%, Maturing March 30, 2019

      575        573,203   

SBA Finance

  

Term Loan, 3.75%, Maturing June 29, 2018

      938        941,057   

Term Loan, 3.75%, Maturing September 27, 2019

      425        427,656   

Syniverse Holdings, Inc.

  

Term Loan, 5.00%, Maturing April 23, 2019

      1,845        1,856,908   

Telesat LLC

  

Term Loan, 4.25%, Maturing March 28, 2019

      6,808        6,847,083   

Windstream Corporation

  

Term Loan, 4.00%, Maturing August 8, 2019

      923        929,608   
   
      $ 31,853,845   
   

Utilities — 3.5%

  

AES Corporation

     

Term Loan, 4.25%, Maturing June 1, 2018

      2,561      $ 2,580,208   

Calpine Corporation

     

Term Loan, 4.50%, Maturing April 2, 2018

      938        942,313   

Term Loan, 4.50%, Maturing April 2, 2018

      2,758        2,768,657   

Term Loan, 4.50%, Maturing September 27, 2019

      825        827,681   

Dynegy Midwest Generation LLC

     

Term Loan, 9.25%, Maturing August 4, 2016

      520        540,540   

Dynegy Power, LLC

     

Term Loan, 9.25%, Maturing August 4, 2016

      941        984,880   

Invenergy LLC

     

Term Loan, 9.00%, Maturing November 21, 2017

      725        730,437   

LSP Madison Funding, LLC

     

Term Loan, 5.50%, Maturing June 28, 2019

      1,122        1,133,409   

NRG Energy, Inc.

     

Term Loan, 4.00%, Maturing July 2, 2018

      4,370        4,400,822   

Texas Competitive Electric Holdings Company, LLC

     

Term Loan, 4.75%, Maturing October 10, 2017

      5,832        3,790,770   
                     
  $ 18,699,717   
                     

Total Senior Floating-Rate Interests
(identified cost $758,902,517)

      $ 760,441,728   
                     
 

 

  17   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2012

 

Portfolio of Investments — continued

 

 

Corporate Bonds & Notes — 11.6%      
     
Security        Principal
Amount*
(000’s omitted)
    Value  
     

Automotive — 0.1%

                   

American Axle & Manufacturing, Inc., Sr. Notes

     

9.25%, 1/15/17(6)

      92      $ 103,385   

General Motors Financial Co., Inc., Sr. Notes

     

4.75%, 8/15/17(6)

      70        71,715   

HDTFS, Inc., Sr. Notes

     

6.25%, 10/15/22(6)

      50        50,937   

Visteon Corp.

     

6.75%, 4/15/19

      30        31,013   
                     
  $ 257,050   
                     

Beverage and Tobacco — 0.1%

                   

Alphabet Holding Co., Inc., Sr. Notes

     

7.75%, 11/1/17(3)(6)

      125      $ 126,406   

Constellation Brands, Inc., Sr. Notes

     

6.00%, 5/1/22

      105        119,700   

4.625%, 3/1/23

      75        76,781   

Innovation Ventures LLC/Innovation Ventures Finance Corp., Sr. Notes

     

9.50%, 8/15/19(6)

      50        48,063   
                     
  $ 370,950   
                     

Broadcast Radio and Television — 0.2%

  

Entravision Communications Corp., Sr. Notes

  

8.75%, 8/1/17

      948      $ 1,029,765   

Starz, LLC/Starz Finance Corp., Sr. Notes

  

5.00%, 9/15/19(6)

      70        71,925   
   
      $ 1,101,690   
   

Brokers, Dealers and Investment Houses — 0.0%(7)

  

Alliance Data Systems Corp., Sr. Notes

  

6.375%, 4/1/20(6)

      55      $ 58,644   
   
      $ 58,644   
   

Building and Development — 0.1%

  

Isabelle Acquisition Sub, Inc., Sr. Notes

  

10.00%, 11/15/18(6)

      130      $ 140,562   

Nortek, Inc., Sr. Notes

  

10.00%, 12/1/18

      85        94,669   

8.50%, 4/15/21

      25        27,000   

8.50%, 4/15/21(6)

      100        107,500   
   
      $ 369,731   
   
Security        Principal
Amount*
(000’s omitted)
    Value  
     

Business Equipment and Services — 0.1%

  

Education Management, LLC, Sr. Notes

  

8.75%, 6/1/14

      280      $ 219,800   

Infor US, Inc., Sr. Notes

  

9.375%, 4/1/19

      60        66,600   

TransUnion Holding Co., Inc., Sr. Notes

  

8.125%, 6/15/18(3)(6)

      100        101,000   
   
      $ 387,400   
   

Cable and Satellite Television — 0.1%

  

CCO Holdings, LLC/CCO Holdings Capital Corp., Sr. Notes

  

5.25%, 9/30/22

      190      $ 191,900   

Cequel Communications Escrow I, LLC/Cequel Communications
Escrow Capital Corp., Sr. Notes

   

6.375%, 9/15/20(6)

      75        76,312   
   
      $ 268,212   
   

Chemicals and Plastics — 1.3%

  

Ashland, Inc., Sr. Notes

  

4.75%, 8/15/22(6)

      35      $ 35,875   

Hexion US Finance Corp., Sr. Notes

  

6.625%, 4/15/20

      2,000        2,005,000   

Ineos Finance PLC, Sr. Notes

  

7.25%, 2/15/19(6)

  EUR     1,000        1,325,313   

8.375%, 2/15/19(6)

      1,825        1,923,094   

7.50%, 5/1/20(6)

      800        814,000   

LyondellBasell Industries N.V., Sr. Notes

  

5.00%, 4/15/19

      225        244,687   

5.75%, 4/15/24

      200        232,500   

Rockwood Specialties Group, Inc., Sr. Notes

  

4.625%, 10/15/20

      130        134,387   

Tronox Finance, LLC, Sr. Notes

  

6.375%, 8/15/20(6)

      110        110,138   
   
      $ 6,824,994   
   

Clothing / Textiles — 0.0%(7)

  

Wolverine World Wide, Inc., Sr. Notes

     

6.125%, 10/15/20(6)

      40      $ 41,850   
                     
  $ 41,850   
                     

Conglomerates — 0.0%(7)

  

Belden, Inc., Sr. Sub. Notes

     

5.50%, 9/1/22(6)

      50      $ 51,125   
 

 

  18   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2012

 

Portfolio of Investments — continued

 

 

Security        Principal
Amount*
(000’s omitted)
    Value  
     

Conglomerates (continued)

  

General Cable Corp., Sr. Notes

     

5.75%, 10/1/22(6)

      75      $ 76,688   
                     
  $ 127,813   
                     

Containers and Glass Products — 1.1%

  

Berry Plastics Corp., Sr. Notes

     

5.09%, 2/15/15(8)

      2,000      $ 2,007,000   

BOE Merger Corp., Sr. Notes

     

9.50%, 11/1/17(3)(6)

      60        60,150   

Reynolds Group Holdings, Inc., Sr. Notes

     

5.75%, 10/15/20(6)

      3,875        3,923,437   
                     
  $ 5,990,587   
                     

Cosmetics / Toiletries — 0.3%

  

Party City Holdings, Inc., Sr. Notes

     

8.875%, 8/1/20(6)

      120      $ 128,100   

Revlon Consumer Products Corp.

     

9.75%, 11/15/15

      1,415        1,498,131   
                     
  $ 1,626,231   
                     

Diversified Financial Services — 0.1%

  

Air Lease Corp., Sr. Notes

     

4.50%, 1/15/16(6)

      260      $ 261,300   

CIT Group, Inc., Sr. Notes

     

5.50%, 2/15/19(6)

      45        48,206   

5.375%, 5/15/20

      10        10,725   

5.00%, 8/15/22

      20        20,805   

Nuveen Investments, Inc., Sr. Notes

     

9.50%, 10/15/20(6)

      130        131,625   
                     
  $ 472,661   
                     

Drugs — 0.1%

  

Valeant Pharmaceuticals International, Sr. Notes

     

6.375%, 10/15/20(6)

      105      $ 110,775   

VPI Escrow Corp., Sr. Notes

     

6.375%, 10/15/20(6)

      135        142,762   
                     
  $ 253,537   
                     

Ecological Services and Equipment — 0.1%

  

ADS Waste Holdings, Inc., Sr. Notes

     

8.25%, 10/1/20(6)

      50      $ 51,875   
Security        Principal
Amount*
(000’s omitted)
    Value  
     

Ecological Services and Equipment (continued)

  

Clean Harbors, Inc., Sr. Notes

     

5.25%, 8/1/20(6)

      50      $ 51,500   

Environmental Systems Product Holdings, Inc., Jr. Notes

   

18.00%, 3/31/15(3)(4)(6)

      460        390,401   
                     
  $ 493,776   
                     

Electronics / Electrical — 0.0%(7)

  

Brocade Communications Systems, Inc., Sr. Notes

     

6.625%, 1/15/18

      30      $ 31,275   

6.875%, 1/15/20

      30        32,625   

Nuance Communications, Inc., Sr. Notes

     

5.375%, 8/15/20(6)

      120        123,000   
                     
  $ 186,900   
                     

Equipment Leasing — 0.4%

  

International Lease Finance Corp., Sr. Notes

     

5.65%, 6/1/14

      1,000      $ 1,053,750   

6.75%, 9/1/16(6)

      350        397,250   

7.125%, 9/1/18(6)

      350        413,000   
                     
  $ 1,864,000   
                     

Financial Intermediaries — 1.4%

  

Ally Financial, Inc., Sr. Notes

     

2.618%, 12/1/14(8)

      55      $ 54,381   

0.00%, 6/15/15

      80        72,400   

4.625%, 6/26/15

      500        519,721   

First Data Corp., Sr. Notes

     

7.375%, 6/15/19(6)

      1,000        1,040,000   

6.75%, 11/1/20(6)

      1,480        1,487,400   

Ford Motor Credit Co., LLC, Sr. Notes

     

12.00%, 5/15/15

      2,250        2,790,000   

Lender Processing Services, Inc., Sr. Notes

     

5.75%, 4/15/23

      75        79,687   

UPCB Finance II, Ltd., Sr. Notes

     

6.375%, 7/1/20(6)

  EUR     1,000        1,347,995   
                     
  $ 7,391,584   
                     

Food Products — 0.0%(7)

  

Smithfield Foods, Inc., Sr. Notes

     

6.625%, 8/15/22

      95      $ 99,750   
                     
  $ 99,750   
                     
 

 

  19   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2012

 

Portfolio of Investments — continued

 

 

Security        Principal
Amount*
(000’s omitted)
    Value  
     

Food Service — 0.0%(7)

  

Ruby Tuesday, Inc., Sr. Notes

     

7.625%, 5/15/20(6)

      105      $ 100,144   
                     
  $ 100,144   
                     

Forest Products — 0.0%(7)

  

Boise Cascade, LLC/Boise Cascade Finance Corp., Sr. Notes

  

 

6.375%, 11/1/20(6)

      15      $ 15,263   
                     
  $ 15,263   
                     

Health Care — 0.9%

  

Accellent, Inc., Sr. Notes

     

8.375%, 2/1/17

      135