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, 2013

Date of Reporting Period

 

 

 


Item 1. Reports to Stockholders


LOGO

 

 

Eaton Vance

Senior Floating-Rate Trust (EFR)

Annual Report

October 31, 2013

 

 

 

 

LOGO


 

 

Commodity Futures Trading Commission Registration. Effective December 31, 2012, the Commodity Futures Trading Commission (“CFTC”) adopted certain regulatory changes that subject registered investment companies and advisers to regulation by the CFTC if a fund invests more than a prescribed level of its assets in certain CFTC-regulated instruments (including futures, certain options and swap agreements) or markets itself as providing investment exposure to such instruments. The Fund has claimed an exclusion from the definition of the term “commodity pool operator” under the Commodity Exchange Act and is not subject to the CFTC regulation. Because of its management of other strategies, the Fund’s adviser is registered with the CFTC as a commodity pool operator and a commodity trading advisor.

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, 2013

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

     42   

Federal Tax Information

     43   

Annual Meeting of Shareholders

     44   

Dividend Reinvestment Plan

     45   

Management and Organization

     47   

Important Notices

     49   


Eaton Vance

Senior Floating-Rate Trust

October 31, 2013

 

Management’s Discussion of Fund Performance1

 

 

Economic and Market Conditions

Interest rates fell during the first six months of the fiscal year ended October 31, 2013, driven by highly accommodative monetary policies instituted by central banks around the world. In late 2012, the U.S. Federal Reserve (the Fed) augmented its soon-to-expire Operation Twist, the central bank’s swapping of its short-term holdings for long-term Treasury bonds, with outright purchases of $45 billion of Treasurys each month. This was in addition to the monthly purchase of approximately $40 billion of agency mortgage-backed securities that it had begun in September 2012. These actions combined to put continuing downward pressure on long-term bond yields.

In late May 2013, however, Fed Chairman Ben Bernanke surprised the markets by indicating that the Fed’s $85 billion in monthly asset purchases, known collectively as quantitative easing (QE), could be tapered sooner than most investors had expected. The negative effect on the bond market was swift and dramatic. Investors rushed to sell fixed-income assets in anticipation of rising interest rates, causing nearly every fixed-income asset class to decline in value.

The Fed subsequently tried to temper its comments and calm the markets, which moderated the outflows in most fixed-income asset classes. Bonds rallied in September 2013 after the Fed surprised the markets again by postponing the tapering of QE that many investors had thought was imminent. But as the mid-October deadline for Congress to increase the nation’s debt ceiling approached without an agreement, Treasury rates rose briefly, as investors worried that U.S. sovereign debt could go into default, and then settled back after legislators approved an extension.

In contrast with the interest-rate volatility experienced during the 12 months ended October 31, 2013, economic factors affecting U.S. credit markets were generally positive throughout the period: unemployment declined, corporate cash flows remained strong and the housing market appeared to have finally turned the corner toward recovery.

Against this backdrop, the Barclays U.S. Aggregate Bond Index2, a broad measure of the U.S. investment-grade bond market, declined 1.08% for the 12-month period as the adverse effect of rising bond yields more than offset an improving credit environment. Performance varied among various fixed-income sectors. In general, longer-maturity issues, being more sensitive to rising interest rates and the

fact that long-term rates rose more than short-term rates, performed worse than shorter-maturity issues. And amid a modest economic recovery, relatively strong corporate cash flows and an accommodative Fed that seemed to encourage investors to take on more risk, lower credit quality bonds generally outperformed higher-quality issues.

The U.S. floating-rate loan market generated solid results for the 12-month period ended October 31, 2013, as measured by the 5.43% return of the S&P/LSTA Leveraged Loan Index (the Index), a broad barometer of the asset class. The default rate in the market increased during the fiscal year but remained well below longer-term averages, ending October 31, 2013 at 2.31% by principal amount on a last-12-months basis, according to S&P/Leveraged Commentary & Data.

Fund Performance

For the fiscal year ended October 31, 2013, Eaton Vance Senior Floating-Rate Trust (the Fund) at net asset value (NAV) had a total return of 7.98%. By comparison, the Fund’s benchmark, the Index, gained 5.43% during the period.

Exposure to high-yield bonds and the employment of investment leverage6, bolstered results relative to the Index. High-yield bonds outperformed loans, while leverage amplified the positive returns of the Fund’s underlying assets. By comparison, the Index does not include high-yields bonds and is unlevered.

The Fund’s quality positioning served as a headwind during the year. Across ratings8 tiers, loans rated BB, B and CCC within the Index earned total returns of 4.05%, 5.33% and 12.51%, respectively. The Fund’s underweighting to segments rated CCC and B, and relative overweight to loans rated BB, detracted from the Fund’s performance relative to the Index for the year.

In addition, a modest exposure to the European leveraged loan market contributed to relative performance versus the Index.

In terms of industry selection, underweight exposure to the utilities sector — which trailed the overall market — was the biggest contributor to results relative to the Index. In contrast, underweight exposure to the radio & television sector detracted from relative performance versus the Index, as this sector outpaced the overall market.

 

 

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 and includes management fees and other expenses. 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, 2013

 

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         7.98      17.51      5.74

Fund at Market Price

             3.79         19.20         5.73   

S&P/LSTA Leveraged Loan Index

             5.43      11.47      5.27
           
% Premium/Discount to NAV4                                
              –0.06
           
Distributions5                                

Total Distributions per share for the period

            $ 1.038   

Distribution Rate at NAV

              6.07

Distribution Rate at Market Price

              6.08
           
% Total Leverage6                                

Auction Preferred Shares (APS)

              14.21

Borrowings

              22.73   

 

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 and includes management fees and other expenses. 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, 2013

 

Fund Profile

 

 

Top 10 Issuers (% of total investments)7   

Alliance Boots Holdings Limited

    1.1

Dell Inc.

    1.1   

Intelsat Jackson Holdings S.A.

    1.1   

Asurion LLC

    1.0   

Valeant Pharmaceuticals International, Inc.

    1.0   

H.J. Heinz Company

    0.9   

Calpine Corp. (corporate bond)

    0.9   

Hilton Worldwide Finance, LLC

    0.9   

Aramark Corporation

    0.9   

MEG Energy Corp.

    0.8   

Total

    9.7

 

Credit Quality (% of loan holdings)8

 

LOGO

Top 10 Sectors (% of total investments)7   

Health Care

    9.4

Business Equipment and Services

    8.5   

Electronics/Electrical

    7.8   

Retailers (Except Food and Drug)

    4.8   

Chemicals and Plastics

    4.4   

Financial Intermediaries

    4.4   

Telecommunications

    4.2   

Food Products

    4.0   

Leisure Goods/Activities/Movies

    3.9   

Food Service

    3.8   

Total

    55.2
 

 

See Endnotes and Additional Disclosures in this report.

 

  4  


Eaton Vance

Senior Floating-Rate Trust

October 31, 2013

 

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

Barclays U.S. Aggregate Bond Index is an unmanaged index of domestic investment-grade bonds, including corporate, government and mortgage- backed securities. 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. The Fund’s performance for certain periods reflect the effects of expense reductions. Absent these reductions, performance would have been lower. Performance since inception for an index, if presented, is the performance since the Fund’s or oldest share class’ inception, as applicable.

 

4

The shares of the Fund often trade at a discount or premium from their net asset value. The discount or premium of the Fund may vary over time and may be higher or lower than what is quoted in this report. For up-to-date premium/discount information, please refer to
http:// eatonvance.com/closedend.

 

5

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 comprised of amounts characterized for federal income tax purposes as qualified and non-qualified ordinary dividends, capital gains distributions and nondividend distributions, also known as return of capital. For additional information about nondividend distributions, please refer to Eaton Vance Closed-End Fund Distribution Notices (19a) posted on our website, eatonvance.com. The Fund will determine the federal income tax character of distributions paid to a shareholder after the end of the calendar year. This is reported on the IRS form 1099- DIV and provided to the shareholder shortly after each year-end. The Fund’s distributions are determined by the investment adviser based on its current assessment of the Fund’s long-term return potential. As portfolio and market conditions change, the rate of distributions paid by the Fund could change.

6

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 may be required to maintain prescribed asset coverage for its leverage and may be required to reduce its leverage at an inopportune time.

 

7

Excludes cash and cash equivalents.

 

8

Ratings are based on Moody’s, S&P or Fitch, as applicable. Ratings, which are subject to change, apply to the creditworthiness of the issuers of the underlying securities and not to the Fund or its shares. Credit ratings measure the quality of a bond based on the issuer’s creditworthiness, with ratings ranging from AAA, being the highest, to D, being the lowest based on S&P’s measures. 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. Credit ratings are based largely on the rating agency’s analysis at the time of rating. The rating assigned to any particular security is not necessarily a reflection of the issuer’s current financial condition and 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. Holdings designated as “Not Rated” are not rated by the national rating agencies stated above.

 

   Fund profile subject to change due to active management.
 

 

  5  


Eaton Vance

Senior Floating-Rate Trust

October 31, 2013

 

Portfolio of Investments

 

 

Senior Floating-Rate Interests — 141.5%(1)   
     
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  
     

Aerospace and Defense — 2.4%

  

Atlantic Aviation FBO Inc.

     

Term Loan, 3.25%, Maturing June 1, 2020

      449      $ 448,875   

Beechcraft Holdings, LLC

     

Term Loan, 5.75%, Maturing February 14, 2020

      800        808,667   

Booz Allen Hamilton Inc.

     

Term Loan, 3.75%, Maturing July 31, 2019

      817        817,868   

DAE Aviation Holdings, Inc.

     

Term Loan, 6.25%, Maturing October 29, 2018

      681        686,727   

Term Loan, 6.25%, Maturing November 2, 2018

      309        311,316   

Ducommun Incorporated

     

Term Loan, 5.00%, Maturing June 28, 2017

      1,057        1,070,050   

IAP Worldwide Services, Inc.

     

Term Loan, 10.00%, Maturing December 31, 2015(2)

      1,640        779,078   

Sequa Corporation

     

Term Loan, 5.25%, Maturing December 19, 2017

      1,538        1,553,519   

Silver II US Holdings, LLC

     

Term Loan, 4.00%, Maturing December 13, 2019

      1,960        1,961,005   

TASC, Inc.

     

Term Loan, 4.50%, Maturing December 18, 2015

      667        640,940   

Transdigm, Inc.

     

Term Loan, 3.75%, Maturing February 28, 2020

      4,795        4,808,100   
                     
      $ 13,886,145   
                     

Air Transport — 0.0%(3)

  

Evergreen International Aviation, Inc.

     

Term Loan, 5.00%, Maturing June 30, 2015(2)

      92      $ 73,257   
                     
  $ 73,257   
                     

Automotive — 5.0%

  

Affinia Group Intermediate Holdings Inc.

     

Term Loan, 4.75%, Maturing April 27, 2020

      1,546      $ 1,563,519   

Allison Transmission, Inc.

     

Term Loan, 3.75%, Maturing August 23, 2019

      2,842        2,865,195   

ASP HHI Acquisition Co., Inc.

     

Term Loan, 5.00%, Maturing October 5, 2018

      1,860        1,878,303   

Chrysler Group LLC

     

Term Loan, 4.25%, Maturing May 24, 2017

      4,950        5,000,881   

Federal-Mogul Corporation

     

Term Loan, 2.12%, Maturing December 29, 2014

      2,059        2,041,509   

Term Loan, 2.12%, Maturing December 28, 2015

      2,993        2,966,988   

Goodyear Tire & Rubber Company (The)

     

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

      6,650        6,722,738   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  
     

Automotive (continued)

  

Metaldyne LLC

     

Term Loan, 5.00%, Maturing December 18, 2018

      1,665      $ 1,678,434   

Schaeffler AG

  

Term Loan, 4.25%, Maturing January 27, 2017

      775        780,905   

Tower Automotive Holdings USA, LLC

     

Term Loan, 4.75%, Maturing April 23, 2020

      796        807,448   

Veyance Technologies, Inc.

     

Term Loan, 5.25%, Maturing September 8, 2017

      2,886        2,875,883   
                     
  $ 29,181,803   
                     

Beverage and Tobacco — 0.6%

  

Oak Leaf B.V.

     

Term Loan, 4.50%, Maturing September 24, 2018

  EUR     2,525      $ 3,460,457   
                     
  $ 3,460,457   
                     

Building and Development — 1.4%

  

ABC Supply Co., Inc.

     

Term Loan, 3.50%, Maturing April 16, 2020

      1,275      $ 1,278,630   

Armstrong World Industries, Inc.

     

Term Loan, 3.50%, Maturing March 16, 2020

      547        549,387   

CPG International Inc.

     

Term Loan, 4.75%, Maturing September 30, 2020

      625        625,781   

MCS AMS Sub-Holdings LLC

     

Term Loan, 7.00%, Maturing October 15, 2019

      575        559,906   

Preferred Proppants, LLC

     

Term Loan, Maturing December 15, 2016(4)

      714        485,605   

Quikrete Holdings, Inc.

     

Term Loan, Maturing September 25, 2020(4)

      975        980,394   

RE/MAX International, Inc.

     

Term Loan, 4.00%, Maturing July 31, 2020

      1,696        1,697,319   

Realogy Corporation

     

Term Loan, 4.50%, Maturing March 5, 2020

      995        1,006,401   

Summit Materials Companies I, LLC

     

Term Loan, 5.00%, Maturing January 30, 2019

      469        471,426   

WireCo WorldGroup, Inc.

     

Term Loan, 6.00%, Maturing February 15, 2017

      619        622,617   
                     
  $ 8,277,466   
                     

Business Equipment and Services — 13.3%

  

Acosta, Inc.

     

Term Loan, 4.25%, Maturing March 2, 2018

      2,897      $ 2,910,976   

Advantage Sales & Marketing, Inc.

     

Term Loan, 4.25%, Maturing December 18, 2017

      2,416        2,430,236   
 

 

  6   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2013

 

Portfolio of Investments — continued

 

 

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

Business Equipment and Services (continued)

  

Allied Security Holdings, LLC

     

Term Loan, 5.25%, Maturing February 3, 2017

      561      $ 564,380   

Altegrity, Inc.

     

Term Loan, 7.75%, Maturing February 20, 2015

      692        687,025   

Term Loan, 5.00%, Maturing February 21, 2015

      2,207        2,158,787   

Altisource Solutions S.a.r.l.

     

Term Loan, 5.75%, Maturing November 27, 2019

      1,242        1,251,834   

Audio Visual Services Group, Inc.

     

Term Loan, 6.75%, Maturing November 9, 2018

      1,064        1,082,874   

BakerCorp International, Inc.

     

Term Loan, 4.25%, Maturing February 14, 2020

      1,315        1,311,775   

BAR/BRI Review Courses, Inc.

  

Term Loan, 5.25%, Maturing June 16, 2017

      632        635,999   

Brand Energy & Infrastructure Services, Inc.

     

Term Loan, 6.25%, Maturing October 23, 2018

      158        158,792   

Term Loan, 6.25%, Maturing October 23, 2018

      659        661,633   

Brickman Group Holdings Inc.

     

Term Loan, 4.00%, Maturing September 28, 2018

      793        798,972   

Brock Holdings III, Inc.

     

Term Loan, 6.01%, Maturing March 16, 2017

      1,069        1,072,729   

CCC Information Services, Inc.

     

Term Loan, 4.00%, Maturing December 20, 2019

      422        422,736   

Ceridian Corp.

     

Term Loan, 4.42%, Maturing May 9, 2017

      1,250        1,256,901   

ClientLogic Corporation

     

Term Loan, 7.00%, Maturing January 30, 2017

      1,567        1,566,702   

CPM Acquisition Corp.

     

Term Loan, 6.25%, Maturing August 29, 2017

      495        498,713   

Term Loan - Second Lien, 10.25%, Maturing March 1, 2018

      1,000        1,007,500   

Crossmark Holdings, Inc.

     

Term Loan, 4.50%, Maturing December 20, 2019

      474        472,030   

Education Management LLC

     

Term Loan, 8.25%, Maturing March 29, 2018

      2,041        2,041,293   

EIG Investors Corp.

     

Term Loan, 6.25%, Maturing November 11, 2019

      1,985        1,996,579   

Term Loan - Second Lien, 10.25%, Maturing May 8, 2020

      525        533,531   

Emdeon Business Services, LLC

     

Term Loan, 3.75%, Maturing November 2, 2018

      1,435        1,441,366   

Expert Global Solutions, Inc.

     

Term Loan, 8.50%, Maturing April 3, 2018

      1,899        1,927,804   

Genesys Telecom Holdings, U.S., Inc.

     

Term Loan, 4.00%, Maturing February 7, 2020

      590        588,855   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  
     

Business Equipment and Services (continued)

  

Genpact International, Inc.

     

Term Loan, 3.50%, Maturing August 30, 2019

      1,588      $ 1,593,727   

IG Investment Holdings, LLC

     

Term Loan, 6.00%, Maturing October 31, 2019

      1,119        1,128,514   

IMS Health Incorporated

     

Term Loan, 3.75%, Maturing September 1, 2017

      1,970        1,982,789   

Information Resources, Inc.

     

Term Loan, 4.75%, Maturing September 30, 2020

      1,200        1,208,000   

ION Trading Technologies S.a.r.l.

     

Term Loan, 4.50%, Maturing May 22, 2020

      648        651,887   

Term Loan - Second Lien, 8.25%, Maturing May 21, 2021

      1,000        1,007,917   

ISS Holdings A/S

     

Term Loan, 3.72%, Maturing April 30, 2015

  EUR     246        337,755   

Term Loan, 4.22%, Maturing April 30, 2015

  EUR     1,754        2,412,537   

Term Loan, 3.75%, Maturing April 30, 2018

      474        475,441   

Ista International GmbH

     

Term Loan, 4.23%, Maturing April 30, 2020

  EUR     18        24,946   

Term Loan, 4.23%, Maturing April 30, 2020

  EUR     139        190,640   

Term Loan, 4.23%, Maturing June 1, 2020

  EUR     293        401,511   

Jason Incorporated

     

Term Loan, 5.00%, Maturing February 28, 2019

      512        512,661   

KAR Auction Services, Inc.

     

Term Loan, 3.75%, Maturing May 19, 2017

      2,732        2,749,032   

Kronos Incorporated

  

Term Loan, 4.50%, Maturing October 30, 2019

      1,563        1,573,934   

Term Loan - Second Lien, 9.75%, Maturing April 30, 2020

      900        930,750   

Language Line, LLC

     

Term Loan, 6.25%, Maturing June 20, 2016

      1,961        1,955,797   

MEI Conlux Holdings (US), Inc.

     

Term Loan, 5.00%, Maturing August 21, 2020

      475        475,297   

Monitronics International Inc.

     

Term Loan, 4.25%, Maturing March 23, 2018

      1,186        1,197,776   

Pacific Industrial Services US Finco LLC

     

Term Loan, 5.00%, Maturing October 2, 2018

      1,250        1,257,813   

Quintiles Transnational Corp.

     

Term Loan, 4.00%, Maturing June 8, 2018

      5,193        5,218,891   

Term Loan, 4.50%, Maturing June 8, 2018

      261        261,349   

Sensus USA Inc.

     

Term Loan, 4.75%, Maturing May 9, 2017

      658        657,200   

ServiceMaster Company

     

Term Loan, 4.25%, Maturing January 31, 2017

      1,439        1,417,529   

Term Loan, 4.43%, Maturing January 31, 2017

      2,424        2,388,362   
 

 

  7   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2013

 

Portfolio of Investments — continued

 

 

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

Business Equipment and Services (continued)

  

SunGard Data Systems, Inc.

     

Term Loan, 3.92%, Maturing February 28, 2017

      946      $ 949,156   

Term Loan, 4.00%, Maturing March 9, 2020

      6,418        6,480,926   

TNS, Inc.

     

Term Loan, 5.00%, Maturing February 14, 2020

      867        876,055   

TransUnion, LLC

     

Term Loan, 4.25%, Maturing February 10, 2019

      2,804        2,822,666   

U.S. Security Holdings, Inc.

     

Term Loan, 6.00%, Maturing July 28, 2017

      116        117,421   

Term Loan, 6.00%, Maturing July 28, 2017

      595        599,895   

WASH Multifamily Laundry Systems, LLC

     

Term Loan, 5.25%, Maturing February 21, 2019

      323        324,992   

West Corporation

     

Term Loan, 3.75%, Maturing June 29, 2018

      3,661        3,677,418   
                     
  $ 77,340,606   
                     

Cable and Satellite Television — 5.3%

  

Atlantic Broadband Finance, LLC

     

Term Loan, 3.25%, Maturing December 2, 2019

      842      $ 842,026   

Bragg Communications Incorporated

     

Term Loan, 3.50%, Maturing February 28, 2018

      394        395,724   

Cequel Communications, LLC

     

Term Loan, 3.50%, Maturing February 14, 2019

      2,239        2,244,355   

Charter Communications Operating, LLC

     

Term Loan, 3.00%, Maturing July 1, 2020

      1,347        1,335,760   

Term Loan, 3.00%, Maturing January 4, 2021

      1,147        1,137,740   

Crown Media Holdings, Inc.

     

Term Loan, 4.00%, Maturing July 14, 2018

      390        389,979   

CSC Holdings, Inc.

     

Term Loan, 2.67%, Maturing April 17, 2020

      1,571        1,559,968   

Lavena Holding 3 GMBH

     

Term Loan, 4.09%, Maturing March 6, 2017

  EUR     250        340,539   

Term Loan, 4.09%, Maturing March 6, 2017

  EUR     596        812,583   

Term Loan, 4.09%, Maturing March 6, 2017

  EUR     598        814,612   

MCC Iowa LLC

  

Term Loan, 3.25%, Maturing January 29, 2021

      998        994,383   

Media Holdco, LP

     

Term Loan, 7.25%, Maturing July 24, 2018

      819        822,907   

Mediacom Illinois, LLC

     

Term Loan, 4.50%, Maturing October 23, 2017

      798        799,185   

P7S1 Broadcasting Holding II B.V.

     

Term Loan, 2.97%, Maturing July 3, 2018

  EUR     1,722        2,346,822   

Sterling Entertainment Enterprises, LLC

     

Term Loan, 3.17%, Maturing December 28, 2017

      750        735,750   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  
     

Cable and Satellite Television (continued)

  

UPC Financing Partnership

     

Term Loan, 4.00%, Maturing January 29, 2021

      775      $ 781,297   

Term Loan, 3.88%, Maturing March 26, 2021

  EUR     3,972        5,435,735   

Virgin Media Investment Holdings Limited

     

Term Loan, 4.50%, Maturing June 5, 2020

  GBP     1,475        2,388,454   

Term Loan, 3.50%, Maturing June 8, 2020

      5,075        5,078,522   

WaveDivision Holdings, LLC

     

Term Loan, 4.00%, Maturing October 15, 2019

      323        323,369   

YPSO Holding SA

     

Term Loan, 5.13%, Maturing June 6, 2016

  EUR     203        277,343   

Term Loan, 5.13%, Maturing June 6, 2016

  EUR     323        440,343   

Term Loan, 5.13%, Maturing June 6, 2016

  EUR     474        646,851   
                     
  $ 30,944,247   
                     

Chemicals and Plastics — 5.3%

  

Allnex USA, Inc.

     

Term Loan, 4.50%, Maturing October 3, 2019

      145      $ 145,997   

Term Loan, 4.50%, Maturing October 3, 2019

      279        281,385   

Arysta LifeScience Corporation

     

Term Loan, 4.50%, Maturing May 29, 2020

      2,319        2,334,629   

Axalta Coating Systems US Holdings Inc.

     

Term Loan, 4.75%, Maturing February 3, 2020

      3,980        4,026,642   

AZ Chem US Inc.

     

Term Loan, 5.25%, Maturing December 22, 2017

      1,645        1,661,003   

Chemtura Corporation

     

Term Loan, 3.50%, Maturing August 29, 2016

      189        190,589   

Emerald Performance Materials, LLC

     

Term Loan, 6.75%, Maturing May 18, 2018

      691        696,436   

General Chemical Corporation

     

Term Loan, 5.02%, Maturing October 6, 2015

      428        432,398   

Huntsman International, LLC

     

Term Loan, Maturing January 31, 2021(4)

      2,000        2,004,688   

Ineos US Finance LLC

     

Term Loan, 4.00%, Maturing May 4, 2018

      4,175        4,193,658   

MacDermid, Inc.

     

Term Loan, 4.00%, Maturing June 8, 2020

      773        776,541   

OEP Pearl Dutch Acquisition B.V.

     

Term Loan, 6.50%, Maturing March 30, 2018

      93        93,970   

Omnova Solutions Inc.

     

Term Loan, 4.25%, Maturing May 31, 2018

      973        979,794   

OXEA Finance LLC

     

Term Loan, 4.25%, Maturing January 15, 2020

      700        702,625   

Term Loan - Second Lien, 8.25%, Maturing July 15, 2020

      1,000        1,012,188   
 

 

  8   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2013

 

Portfolio of Investments — continued

 

 

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

Chemicals and Plastics (continued)

  

Polarpak Inc.

  

Term Loan, 4.50%, Maturing June 5, 2020

      258      $ 260,016   

PQ Corporation

     

Term Loan, 4.50%, Maturing August 7, 2017

      1,166        1,176,079   

Schoeller Arca Systems Holding B.V.

     

Term Loan, 4.73%, Maturing December 18, 2014

  EUR     145        139,320   

Term Loan, 4.73%, Maturing December 18, 2014

  EUR     412        397,227   

Term Loan, 4.73%, Maturing December 18, 2014

  EUR     443        427,455   

Sonneborn LLC

     

Term Loan, 6.50%, Maturing March 30, 2018

      526        532,497   

Taminco Global Chemical Corporation

     

Term Loan, 4.25%, Maturing February 15, 2019

      369        372,167   

Tronox Pigments (Netherlands) B.V.

     

Term Loan, 4.50%, Maturing March 19, 2020

      3,017        3,046,480   

Univar Inc.

     

Term Loan, 5.00%, Maturing June 30, 2017

      4,984        4,910,576   

WNA Holdings Inc.

     

Term Loan, 4.50%, Maturing June 5, 2020

      140        141,243   
                     
  $ 30,935,603   
                     

Conglomerates — 0.9%

  

RGIS Services, LLC

     

Term Loan, 4.50%, Maturing October 18, 2016

      2,482      $ 2,448,224   

Term Loan, 5.50%, Maturing October 18, 2017

      382        378,193   

Spectrum Brands, Inc.

     

Term Loan, 4.50%, Maturing December 17, 2019

      2,438        2,451,187   
                     
  $ 5,277,604   
                     

Containers and Glass Products — 1.9%

  

Berry Plastics Holding Corporation

     

Term Loan, 3.50%, Maturing February 7, 2020

      2,164      $ 2,157,942   

BWAY Corporation

     

Term Loan, 4.50%, Maturing August 7, 2017

      2,605        2,625,939   

Pact Group (USA), Inc.

     

Term Loan, 3.75%, Maturing May 29, 2020

      1,546        1,537,428   

Pelican Products, Inc.

     

Term Loan, 7.00%, Maturing July 11, 2018

      494        495,601   

Reynolds Group Holdings Inc.

     

Term Loan, 4.75%, Maturing September 28, 2018

      2,871        2,897,738   

Sealed Air Corporation

     

Term Loan, 4.00%, Maturing October 3, 2018

      540        545,306   

TricorBraun, Inc.

     

Term Loan, 4.00%, Maturing May 3, 2018

      617        619,888   
                     
  $ 10,879,842   
                     
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  
     

Cosmetics / Toiletries — 0.6%

  

Prestige Brands, Inc.

     

Term Loan, 3.78%, Maturing January 31, 2019

      328      $ 330,348   

Revlon Consumer Products Corporation

     

Term Loan, 4.00%, Maturing August 19, 2019

      1,225        1,230,859   

Sun Products Corporation (The)

  

Term Loan, 5.50%, Maturing March 23, 2020

      2,164        2,090,183   
                     
  $ 3,651,390   
                     

Drugs — 3.2%

  

Alkermes, Inc.

     

Term Loan, 3.50%, Maturing September 18, 2019

      372      $ 374,197   

Amneal Pharmaceuticals LLC

     

Term Loan, Maturing October 1, 2019(4)

      550        544,500   

Aptalis Pharma, Inc.

     

Term Loan, 6.00%, Maturing September 18, 2020

      2,600        2,621,666   

Auxilium Pharmaceuticals, Inc.

     

Term Loan, 6.25%, Maturing April 26, 2017

      585        594,236   

Catalent Pharma Solutions Inc.

     

Term Loan, 3.67%, Maturing September 15, 2016

      2,094        2,103,168   

Term Loan, 4.25%, Maturing September 15, 2017

      1,107        1,112,529   

Ikaria Acquisition Inc.

     

Term Loan, 7.25%, Maturing July 3, 2018

      667        674,894   

Term Loan - Second Lien, 11.00%, Maturing July 3, 2019

      500        510,000   

Par Pharmaceutical Companies, Inc.

     

Term Loan, 4.25%, Maturing September 30, 2019

      1,163        1,168,210   

Valeant Pharmaceuticals International, Inc.

     

Term Loan, 3.75%, Maturing February 13, 2019

      1,844        1,862,334   

Term Loan, 3.75%, Maturing December 11, 2019

      2,965        2,993,700   

Term Loan, 4.50%, Maturing August 5, 2020

      3,896        3,952,048   
                     
  $ 18,511,482   
                     

Ecological Services and Equipment — 0.8%

  

ADS Waste Holdings, Inc.

     

Term Loan, 4.25%, Maturing October 9, 2019

      3,925      $ 3,955,198   

Progressive Waste Solutions Ltd.

     

Term Loan, 3.50%, Maturing October 24, 2019

      521        523,016   

Viking Consortium Borrower Limited

     

Term Loan - Second Lien, 3.09%, Maturing March 31, 2016(5)

  GBP     542        225,808   
                     
  $ 4,704,022   
                     
 

 

  9   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2013

 

Portfolio of Investments — continued

 

 

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

Electronics / Electrical — 12.2%

  

Aeroflex Incorporated

     

Term Loan, 4.50%, Maturing November 11, 2019

      1,748      $ 1,764,216   

Allflex Holdings III, Inc.

     

Term Loan, 4.25%, Maturing July 17, 2020

      650        654,062   

Aspect Software, Inc.

     

Term Loan, 7.00%, Maturing May 6, 2016

      754        757,821   

Attachmate Corporation

     

Term Loan, 7.25%, Maturing November 22, 2017

      3,153        3,184,409   

Blue Coat Systems, Inc.

     

Term Loan - Second Lien, 9.50%, Maturing June 26, 2020

      825        837,375   

Cinedigm Digital Funding I, LLC

     

Term Loan, 3.75%, Maturing April 29, 2016

      472        473,483   

CommScope, Inc.

     

Term Loan, 3.75%, Maturing January 12, 2018

      2,072        2,078,998   

CompuCom Systems, Inc.

     

Term Loan, 4.25%, Maturing May 11, 2020

      1,272        1,275,787   

Dell Inc.

  

Term Loan, 3.75%, Maturing October 31, 2018

      1,625        1,624,774   

Term Loan, 4.50%, Maturing April 30, 2020

      8,950        8,909,170   

Digital Generation, Inc.

     

Term Loan, 7.25%, Maturing July 26, 2018

      2,673        2,687,407   

Eagle Parent, Inc.

     

Term Loan, 4.50%, Maturing May 16, 2018

      3,537        3,564,632   

Edwards (Cayman Islands II) Limited

     

Term Loan, 4.75%, Maturing March 26, 2020

      1,071        1,074,186   

Excelitas Technologies Corp.

     

Term Loan, Maturing September 30, 2020(4)

      798        790,500   

Term Loan, Maturing October 23, 2020(4)

      52        51,000   

Freescale Semiconductor, Inc.

     

Term Loan, 5.00%, Maturing February 28, 2020

      2,886        2,915,783   

Go Daddy Operating Company, LLC

     

Term Loan, 4.25%, Maturing December 17, 2018

      3,362        3,375,364   

Hyland Software, Inc.

     

Term Loan, 5.50%, Maturing October 25, 2019

      347        349,633   

Infor (US), Inc.

     

Term Loan, 5.25%, Maturing April 5, 2018

      4,507        4,549,295   

Internet Brands, Inc.

     

Term Loan, 6.25%, Maturing March 18, 2019

      945        951,158   

Magic Newco LLC

     

Term Loan, 5.00%, Maturing December 12, 2018

      1,386        1,398,343   

Microsemi Corporation

     

Term Loan, 3.75%, Maturing February 19, 2020

      1,311        1,318,534   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  
     

Electronics / Electrical (continued)

  

NXP B.V.

     

Term Loan, 4.50%, Maturing March 3, 2017

      2,139      $ 2,166,901   

Term Loan, 4.75%, Maturing January 11, 2020

      918        930,543   

Renaissance Learning, Inc.

     

Term Loan, 5.75%, Maturing November 13, 2018

      569        572,096   

Rocket Software, Inc.

     

Term Loan, 5.75%, Maturing February 8, 2018

      1,228        1,231,591   

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

      750        752,812   

Rovi Solutions Corporation

     

Term Loan, 3.50%, Maturing March 29, 2019

      771        768,475   

RP Crown Parent, LLC

     

Term Loan, 6.75%, Maturing December 21, 2018

      5,118        5,171,052   

Term Loan - Second Lien, 11.25%, Maturing December 20, 2019

      575        591,172   

Sensata Technologies Finance Company, LLC

     

Term Loan, 3.75%, Maturing May 11, 2018

      1,203        1,216,674   

Serena Software, Inc.

     

Term Loan, 4.17%, Maturing March 10, 2016

      474        468,075   

Term Loan, 5.00%, Maturing March 10, 2016

      350        347,813   

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

     

Term Loan, 6.50%, Maturing May 10, 2019

      988        987,500   

Sirius Computer Solutions, Inc.

     

Term Loan, 7.00%, Maturing November 30, 2018

      513        522,447   

SkillSoft Corporation

     

Term Loan, 5.00%, Maturing May 26, 2017

      1,116        1,123,337   

Smart Technologies ULC

     

Term Loan, 10.50%, Maturing January 31, 2018

      650        624,000   

Sophia, L.P.

     

Term Loan, 4.50%, Maturing July 19, 2018

      1,303        1,315,121   

SS&C Technologies Inc.

  

Term Loan, 3.50%, Maturing June 7, 2019

      104        104,240   

Term Loan, 3.50%, Maturing June 7, 2019

      1,003        1,007,861   

SumTotal Systems LLC

     

Term Loan, 6.25%, Maturing November 16, 2018

      1,197        1,180,066   

SurveyMonkey.com, LLC

     

Term Loan, 5.50%, Maturing February 5, 2019

      547        553,051   

VeriFone Inc.

     

Term Loan, 4.25%, Maturing December 28, 2018

      105        104,629   

Vertafore, Inc.

     

Term Loan, 4.25%, Maturing October 3, 2019

      995        1,000,182   

Wall Street Systems, Inc.

     

Term Loan, 5.75%, Maturing October 25, 2019

      1,664        1,681,316   

Term Loan - Second Lien, 9.25%, Maturing October 26, 2020

      500        505,300   
 

 

  10   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2013

 

Portfolio of Investments — continued

 

 

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

Electronics / Electrical (continued)

  

Web.com Group, Inc.

     

Term Loan, 4.50%, Maturing October 27, 2017

      1,478      $ 1,497,623   
                     
  $ 71,009,807   
                     

Equipment Leasing — 0.5%

  

Flying Fortress Inc.

     

Term Loan, 3.50%, Maturing June 30, 2017

      2,792      $ 2,800,391   
                     
  $ 2,800,391   
                     

Financial Intermediaries — 5.6%

  

American Capital Holdings, Inc.

     

Term Loan, 4.00%, Maturing August 22, 2016

      619      $ 621,457   

Armor Holding II LLC

     

Term Loan - Second Lien, 10.25%, Maturing December 11, 2020

      1,000        996,875   

Cetera Financial Group, Inc.

     

Term Loan, 6.50%, Maturing August 2, 2019

      750        756,075   

Citco Funding LLC

     

Term Loan, 4.25%, Maturing June 29, 2018

      2,035        2,038,064   

Clipper Acquisitions Corp.

     

Term Loan, 4.00%, Maturing February 6, 2020

      546        548,150   

First Data Corporation

     

Term Loan, 4.17%, Maturing March 23, 2018

      4,136        4,148,166   

Term Loan, 4.17%, Maturing September 24, 2018

      1,875        1,880,625   

Grosvenor Capital Management Holdings, LLP

     

Term Loan, 4.19%, Maturing December 5, 2016

      1,254        1,251,314   

Guggenheim Partners, LLC

     

Term Loan, 4.25%, Maturing July 17, 2020

      850        855,100   

Hamilton Lane Advisors, LLC

     

Term Loan, 5.25%, Maturing February 28, 2018

      634        634,177   

Harbourvest Partners, LLC

     

Term Loan, 4.75%, Maturing November 21, 2017

      756        764,030   

Home Loan Servicing Solutions, Ltd.

     

Term Loan, 4.50%, Maturing June 19, 2020

      1,072        1,087,057   

LPL Holdings, Inc.

     

Term Loan, 3.25%, Maturing March 29, 2019

      3,800        3,800,154   

Mercury Payment Systems Canada, LLC

     

Term Loan, 5.50%, Maturing July 3, 2017

      982        991,692   

MIP Delaware, LLC

     

Term Loan, 4.00%, Maturing March 9, 2020

      718        722,202   

Moneygram International, Inc

  

Term Loan, 4.25%, Maturing March 27, 2020

      423        425,148   

Nuveen Investments, Inc.

     

Term Loan, 4.17%, Maturing May 15, 2017

      6,197        6,172,369   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  
     

Financial Intermediaries (continued)

  

NXT Capital, Inc.

     

Term Loan, 6.25%, Maturing September 4, 2018

      750      $ 746,250   

Ocwen Financial Corporation

     

Term Loan, 5.00%, Maturing February 15, 2018

      1,244        1,259,141   

Oz Management LP

     

Term Loan, 1.68%, Maturing November 15, 2016

      1,305        1,221,793   

Starwood Property Trust, Inc.

     

Term Loan, 3.50%, Maturing April 17, 2020

      274        274,081   

Walter Investment Management Corp.

     

Term Loan, 5.75%, Maturing November 28, 2017

      1,468        1,485,127   
                     
  $ 32,679,047   
                     

Food Products — 6.3%

  

AdvancePierre Foods, Inc.

     

Term Loan, 5.75%, Maturing July 10, 2017

      1,265      $ 1,275,456   

American Seafoods Group LLC

     

Term Loan, 4.25%, Maturing March 16, 2018

      577        576,022   

Blue Buffalo Company, Ltd.

     

Term Loan, 4.75%, Maturing August 8, 2019

      1,287        1,301,236   

Clearwater Seafoods Limited Partnership

     

Term Loan, 4.75%, Maturing June 24, 2019

      948        953,152   

CSM Bakery Supplies LLC

     

Term Loan, 4.75%, Maturing July 3, 2020

      1,047        1,044,757   

Del Monte Foods Company

     

Term Loan, 4.00%, Maturing March 8, 2018

      5,088        5,102,945   

Dole Food Company Inc.

     

Term Loan, Maturing November 1, 2018(4)

      1,375        1,368,125   

Term Loan, 3.75%, Maturing April 1, 2020

      1,716        1,721,739   

H.J. Heinz Company

     

Term Loan, 3.50%, Maturing June 5, 2020

      8,454        8,527,268   

Hearthside Food Solutions, LLC

     

Term Loan, 6.50%, Maturing June 7, 2018

      1,160        1,161,788   

High Liner Foods Incorporated

     

Term Loan, 4.75%, Maturing December 31, 2017

      605        608,474   

JBS USA Holdings Inc.

     

Term Loan, 3.75%, Maturing May 25, 2018

      978        982,501   

Term Loan, 3.75%, Maturing September 18, 2020

      1,575        1,573,031   

Michael Foods Group, Inc.

     

Term Loan, 4.25%, Maturing February 23, 2018

      629        633,995   

NBTY, Inc.

     

Term Loan, 3.50%, Maturing October 1, 2017

      5,409        5,452,386   

Pinnacle Foods Finance LLC

     

Term Loan, 3.25%, Maturing April 29, 2020

      700        700,000   

Term Loan, 3.25%, Maturing April 29, 2020

      3,756        3,756,459   
                     
  $ 36,739,334   
                     
 

 

  11   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2013

 

Portfolio of Investments — continued

 

 

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

Food Service — 5.9%

  

Aramark Corporation

     

Term Loan, 3.28%, Maturing July 26, 2016

      169      $ 169,642   

Term Loan, 3.66%, Maturing July 26, 2016

      304        304,938   

Term Loan, 3.70%, Maturing July 26, 2016

      3,751        3,763,747   

Term Loan, 3.75%, Maturing July 26, 2016

      2,094        2,103,081   

Term Loan, 4.02%, Maturing July 26, 2016

  GBP     950        1,523,229   

Buffets, Inc.

     

Term Loan, 0.12%, Maturing April 22, 2015(2)

      92        91,831   

Burger King Corporation

     

Term Loan, 3.75%, Maturing September 27, 2019

      2,228        2,237,428   

Centerplate, Inc.

     

Term Loan, 5.75%, Maturing October 15, 2018

      371        373,261   

DineEquity, Inc.

     

Term Loan, 3.75%, Maturing October 19, 2017

      1,010        1,017,963   

Dunkin’ Brands, Inc.

     

Term Loan, 3.75%, Maturing February 14, 2020

      3,007        3,020,523   

Landry’s, Inc.

     

Term Loan, 4.75%, Maturing April 24, 2018

      2,526        2,549,454   

NPC International, Inc.

     

Term Loan, 4.50%, Maturing December 28, 2018

      663        669,251   

OSI Restaurant Partners, LLC

     

Term Loan, 3.50%, Maturing October 25, 2019

      2,584        2,588,594   

P.F. Chang’s China Bistro Inc.

     

Term Loan, 5.25%, Maturing July 2, 2019

      421        424,694   

Sagittarius Restaurants, LLC

     

Term Loan, 6.26%, Maturing October 1, 2018

      594        593,943   

Seminole Hard Rock Entertainment, Inc.

     

Term Loan, 3.50%, Maturing May 14, 2020

      274        275,170   

US Foods, Inc.

     

Term Loan, 4.50%, Maturing March 29, 2019

      4,963        4,975,589   

Weight Watchers International, Inc.

     

Term Loan, 3.75%, Maturing April 2, 2020

      6,890        6,340,220   

Wendy’s International, Inc.

     

Term Loan, 3.25%, Maturing May 15, 2019

      1,330        1,334,614   
                     
  $ 34,357,172   
                     

Food / Drug Retailers — 4.3%

  

Albertson’s, LLC

     

Term Loan, 4.25%, Maturing March 21, 2016

      1,189      $ 1,193,358   

Term Loan, 4.75%, Maturing March 21, 2019

      1,151        1,154,979   

Alliance Boots Holdings Limited

     

Term Loan, 3.60%, Maturing July 10, 2017

  EUR     1,000        1,358,598   

Term Loan, 3.98%, Maturing July 10, 2017

  GBP     5,775        9,239,787   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  
     

Food / Drug Retailers (continued)

  

General Nutrition Centers, Inc.

     

Term Loan, 3.75%, Maturing March 2, 2018

      6,111      $ 6,149,274   

Pantry, Inc. (The)

     

Term Loan, 4.75%, Maturing August 2, 2019

      421        426,711   

Rite Aid Corporation

     

Term Loan, 4.00%, Maturing February 21, 2020

      2,313        2,326,628   

Term Loan - Second Lien, 5.75%, Maturing August 21, 2020

      450        461,719   

Supervalu Inc.

     

Term Loan, 5.00%, Maturing March 21, 2019

      2,732        2,752,353   
   
      $ 25,063,407   
   

Forest Products — 0.1%

  

Expera Specialty Solutions, LLC

     

Term Loan, 7.50%, Maturing December 21, 2018

      524      $ 531,543   
   
      $ 531,543   
   

Health Care — 13.9%

  

Alere, Inc.

     

Term Loan, 4.25%, Maturing June 30, 2017

      468      $ 470,994   

Term Loan, 4.25%, Maturing June 30, 2017

      565        569,175   

Term Loan, 4.25%, Maturing June 30, 2017

      2,328        2,344,956   

Alliance Healthcare Services, Inc.

     

Term Loan, 4.25%, Maturing June 3, 2019

      1,247        1,237,523   

Apria Healthcare Group I

     

Term Loan, 6.75%, Maturing April 5, 2020

      574        580,608   

Ardent Medical Services, Inc.

     

Term Loan, 6.75%, Maturing July 2, 2018

      3,031        3,051,693   

ATI Holdings, Inc.

     

Term Loan, 5.75%, Maturing December 20, 2019

      447        452,208   

Biomet Inc.

     

Term Loan, 3.69%, Maturing July 25, 2017

      5,888        5,939,141   

BSN Medical Inc.

     

Term Loan, 4.25%, Maturing August 28, 2019

      575        575,719   

CeramTec Acquisition Corporation

     

Term Loan, 4.25%, Maturing August 28, 2020

      33        33,533   

CHG Buyer Corporation

     

Term Loan, 5.00%, Maturing November 19, 2019

      842        849,160   

Community Health Systems, Inc.

     

Term Loan, 3.76%, Maturing January 25, 2017

      6,865        6,898,473   

Convatec Inc.

     

Term Loan, 4.00%, Maturing December 22, 2016

      1,426        1,437,308   

CRC Health Corporation

     

Term Loan, 4.67%, Maturing November 16, 2015

      1,883        1,891,063   
 

 

  12   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2013

 

Portfolio of Investments — continued

 

 

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

Health Care (continued)

  

DaVita, Inc.

     

Term Loan, 4.50%, Maturing October 20, 2016

      2,918      $ 2,938,926   

Term Loan, 4.00%, Maturing November 1, 2019

      3,102        3,122,610   

DJO Finance LLC

     

Term Loan, 4.75%, Maturing September 15, 2017

      582        587,548   

Drumm Investors LLC

     

Term Loan, 5.00%, Maturing May 4, 2018

      1,260        1,218,888   

Envision Healthcare Corporation

     

Term Loan, 4.00%, Maturing May 25, 2018

      2,019        2,026,989   

Faenza Acquisition GmbH

     

Term Loan, 4.25%, Maturing August 28, 2020

      103        103,585   

Term Loan, 4.25%, Maturing August 31, 2020

      339        340,554   

Gentiva Health Services, Inc.

     

Term Loan, 6.50%, Maturing October 15, 2019

      1,400        1,393,000   

Grifols Inc.

     

Term Loan, 4.25%, Maturing June 1, 2017

      2,897        2,923,193   

HCA, Inc.

     

Term Loan, 3.00%, Maturing March 31, 2017

      2,343        2,351,541   

Health Management Associates, Inc.

     

Term Loan, 3.50%, Maturing November 16, 2018

      2,253        2,256,252   

Hologic Inc.

     

Term Loan, 3.75%, Maturing August 1, 2019

      1,504        1,515,072   

Iasis Healthcare LLC

     

Term Loan, 4.50%, Maturing May 3, 2018

      1,633        1,646,199   

inVentiv Health, Inc.

     

Term Loan, 7.50%, Maturing August 4, 2016

      1,007        993,712   

Term Loan, 7.75%, Maturing May 15, 2018

      2,396        2,365,183   

Kindred Healthcare, Inc.

     

Term Loan, 4.25%, Maturing June 1, 2018

      1,635        1,637,779   

Kinetic Concepts, Inc.

     

Term Loan, 4.50%, Maturing May 4, 2018

      4,530        4,572,357   

LHP Hospital Group, Inc.

     

Term Loan, 9.00%, Maturing July 3, 2018

      543        521,400   

MedAssets, Inc.

     

Term Loan, 4.00%, Maturing December 13, 2019

      436        437,063   

Medpace, Inc.

     

Term Loan, 5.25%, Maturing June 16, 2017

      527        527,095   

MMM Holdings, Inc.

     

Term Loan, 9.75%, Maturing December 12, 2017

      653        656,270   

MSO of Puerto Rico, Inc.

     

Term Loan, 9.75%, Maturing December 12, 2017

      475        478,769   

Multiplan, Inc.

     

Term Loan, 4.00%, Maturing August 25, 2017

      2,860        2,884,602   

One Call Medical, Inc.

     

Term Loan, 5.50%, Maturing August 16, 2019

      1,215        1,224,301   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  
     

Health Care (continued)

  

Onex Carestream Finance LP

     

Term Loan, 5.00%, Maturing June 7, 2019

      2,938      $ 2,970,863   

Pharmaceutical Product Development, Inc.

     

Term Loan, 4.25%, Maturing December 5, 2018

      1,911        1,926,678   

PRA Holdings, Inc.

     

Term Loan, 5.00%, Maturing September 23, 2020

      1,275        1,279,117   

Radnet Management, Inc.

     

Term Loan, 4.26%, Maturing October 10, 2018

      1,659        1,665,471   

Sage Products, Inc.

     

Term Loan, 4.25%, Maturing December 13, 2019

      550        552,609   

Select Medical Corporation

     

Term Loan, 4.00%, Maturing June 1, 2018

      1,400        1,408,416   

Sheridan Holdings, Inc.

     

Term Loan, 4.50%, Maturing June 29, 2018

      642        645,082   

Steward Health Care System LLC

     

Term Loan, 6.75%, Maturing April 13, 2020

      349        343,452   

TriZetto Group, Inc. (The)

     

Term Loan, 4.75%, Maturing May 2, 2018

      1,442        1,355,304   

Truven Health Analytics Inc.

     

Term Loan, 4.50%, Maturing June 6, 2019

      1,634        1,639,115   

U.S. Renal Care, Inc.

     

Term Loan, 5.25%, Maturing July 3, 2019

      225        227,813   

VWR Funding, Inc.

     

Term Loan, 4.17%, Maturing April 3, 2017

      769        773,514   

Term Loan, 4.42%, Maturing April 3, 2017

      1,088        1,094,413   
   
      $ 80,936,289   
   

Home Furnishings — 0.5%

  

Serta/Simmons Holdings, LLC

     

Term Loan, 5.00%, Maturing October 1, 2019

      1,612      $ 1,626,543   

Tempur-Pedic International Inc.

     

Term Loan, 3.50%, Maturing March 18, 2020

      1,529        1,528,557   
   
      $ 3,155,100   
   

Industrial Equipment — 3.0%

  

Alliance Laundry Systems LLC

     

Term Loan, 4.25%, Maturing December 10, 2018

      320      $ 321,473   

Apex Tool Group, LLC

     

Term Loan, 4.50%, Maturing January 31, 2020

      721        726,585   

Gardner Denver, Inc.

     

Term Loan, 4.25%, Maturing July 30, 2020

      1,850        1,853,049   

Term Loan, 4.75%, Maturing July 30, 2020

  EUR     400        547,852   

Generac Power Systems, Inc.

     

Term Loan, 3.50%, Maturing May 29, 2020

      1,721        1,720,151   
 

 

  13   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2013

 

Portfolio of Investments — continued

 

 

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

Industrial Equipment (continued)

  

Grede LLC

     

Term Loan, 4.50%, Maturing May 2, 2018

      953      $ 957,735   

Husky Injection Molding Systems Ltd.

     

Term Loan, 4.25%, Maturing June 29, 2018

      3,147        3,167,579   

Manitowoc Company, Inc. (The)

     

Term Loan, 4.25%, Maturing November 13, 2017

      127        127,695   

Milacron LLC

     

Term Loan, 4.25%, Maturing March 30, 2020

      398        398,166   

Paladin Brands Holding, Inc.

     

Term Loan, 6.75%, Maturing August 16, 2019

      750        745,781   

Rexnord LLC

     

Term Loan, 4.00%, Maturing August 20, 2020

      4,625        4,637,284   

Spansion LLC

     

Term Loan, 5.25%, Maturing December 11, 2018

      742        748,803   

Tank Holding Corp.

     

Term Loan, 4.25%, Maturing July 9, 2019

      926        924,477   

Terex Corporation

     

Term Loan, 4.50%, Maturing April 28, 2017

      522        525,117   

Unifrax Corporation

     

Term Loan, 4.25%, Maturing November 28, 2018

      336        337,054   
   
      $ 17,738,801   
   

Insurance — 4.4%

  

Alliant Holdings I, Inc.

     

Term Loan, 5.00%, Maturing December 20, 2019

      1,960      $ 1,973,346   

AmWINS Group, LLC

     

Term Loan, 5.00%, Maturing September 6, 2019

      4,795        4,810,982   

Applied Systems, Inc.

     

Term Loan, 4.25%, Maturing December 8, 2016

      2,302        2,316,468   

Asurion LLC

     

Term Loan, 4.50%, Maturing May 24, 2019

      8,660        8,667,001   

Term Loan, 3.50%, Maturing July 8, 2020

      973        953,111   

Compass Investors Inc.

     

Term Loan, 5.00%, Maturing December 27, 2019

      2,109        2,121,717   

Cooper Gay Swett & Crawford Ltd.

     

Term Loan, 5.00%, Maturing April 16, 2020

      474        472,530   

Cunningham Lindsey U.S. Inc.

     

Term Loan, 5.00%, Maturing December 10, 2019

      894        894,927   

Hub International Limited

     

Term Loan, 4.75%, Maturing October 2, 2020

      2,825        2,841,775   

Sedgwick CMS Holdings, Inc.

     

Term Loan, 4.25%, Maturing June 12, 2018

      648        651,009   
   
      $ 25,702,866   
   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  
     

Leisure Goods / Activities / Movies — 6.0%

  

Bombardier Recreational Products, Inc.

     

Term Loan, 4.00%, Maturing January 30, 2019

      3,225      $ 3,242,710   

Bright Horizons Family Solutions, Inc.

     

Term Loan, 4.00%, Maturing January 30, 2020

      893        899,056   

ClubCorp Club Operations, Inc.

     

Term Loan, 4.00%, Maturing July 24, 2020

      2,503        2,519,104   

Dave & Buster’s, Inc.

     

Term Loan, 4.50%, Maturing June 1, 2016

      965        968,318   

Delta 2 (LUX) S.a.r.l.

     

Term Loan, 4.50%, Maturing April 30, 2019

      1,970        1,988,415   

Emerald Expositions Holding, Inc.

     

Term Loan, 5.50%, Maturing June 17, 2020

      773        779,183   

Equinox Holdings, Inc.

     

Term Loan, 4.50%, Maturing January 31, 2020

      1,194        1,204,447   

Fender Musical Instruments Corporation

     

Term Loan, 5.75%, Maturing April 3, 2019

      456        457,710   

Kasima, LLC

     

Term Loan, 3.25%, Maturing May 17, 2021

      975        971,953   

Live Nation Entertainment, Inc.

     

Term Loan, 3.50%, Maturing August 16, 2020

      2,572        2,578,167   

LodgeNet Interactive Corp.

     

Term Loan, 6.75%, Maturing March 31, 2018

      1,046        502,288   

Revolution Studios Distribution Company, LLC

     

Term Loan, 3.92%, Maturing December 21, 2014

      695        614,850   

Term Loan - Second Lien, 7.17%, Maturing June 21, 2015(2)

      800        550,800   

Sabre, Inc.

     

Term Loan, 5.25%, Maturing February 19, 2019

      1,191        1,203,974   

Scientific Games International, Inc.

     

Term Loan, 4.25%, Maturing October 18, 2020

      3,650        3,660,103   

SeaWorld Parks & Entertainment, Inc.

     

Term Loan, 3.00%, Maturing May 14, 2020

      2,872        2,852,986   

Six Flags Theme Parks, Inc.

     

Term Loan, 4.00%, Maturing December 20, 2018

      1,445        1,455,511   

SRAM, LLC

     

Term Loan, 4.00%, Maturing April 10, 2020

      1,918        1,910,974   

Town Sports International Inc.

     

Term Loan, 5.75%, Maturing May 11, 2018

      1,739        1,744,140   

US Finco LLC

     

Term Loan, 4.00%, Maturing May 29, 2020

      474        474,701   

Term Loan - Second Lien, 8.25%, Maturing November 30, 2020

      1,000        1,013,750   

WMG Acquisition Corp.

     

Term Loan, 3.75%, Maturing July 1, 2020

      550        550,429   
 

 

  14   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2013

 

Portfolio of Investments — continued

 

 

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

Leisure Goods / Activities / Movies (continued)

  

Zuffa LLC

     

Term Loan, 4.50%, Maturing February 25, 2020

      2,878      $ 2,892,641   
   
      $ 35,036,210   
   

Lodging and Casinos — 4.2%

  

Affinity Gaming, LLC

     

Term Loan, 5.50%, Maturing November 9, 2017

      407      $ 413,288   

Bally Technologies, Inc.

     

Term Loan, Maturing August 31, 2020(4)

      1,325        1,329,141   

Boyd Gaming Corporation

     

Term Loan, 4.00%, Maturing August 14, 2020

      500        501,063   

Caesars Entertainment Operating Company

     

Term Loan, 5.49%, Maturing January 26, 2018

      1,460        1,374,052   

CityCenter Holdings, LLC

     

Term Loan, 5.00%, Maturing October 16, 2020

      875        883,659   

Four Seasons Holdings Inc.

     

Term Loan - Second Lien, 6.25%, Maturing December 28, 2020

      2,650        2,729,500   

Gala Group LTD

     

Term Loan, 5.49%, Maturing May 25, 2018

  GBP     3,125        5,062,963   

Hilton Worldwide Finance, LLC

     

Term Loan, 4.00%, Maturing October 26, 2020

      7,850        7,904,463   

MGM Resorts International

     

Term Loan, 3.50%, Maturing December 20, 2019

      2,481        2,484,610   

Pinnacle Entertainment, Inc.

     

Term Loan, 3.75%, Maturing August 13, 2020

      998        999,578   

Playa Resorts Holding B.V.

     

Term Loan, 4.75%, Maturing August 6, 2019

      500        505,312   

Tropicana Entertainment Inc.

     

Term Loan, 7.50%, Maturing March 16, 2018

      345        346,474   
   
      $ 24,534,103   
   

Nonferrous Metals / Minerals — 2.8%

  

Alpha Natural Resources, LLC

     

Term Loan, 3.50%, Maturing May 22, 2020

      1,791      $ 1,713,391   

Arch Coal Inc.

     

Term Loan, 5.75%, Maturing May 16, 2018

      3,611        3,509,153   

Constellium Holdco B.V.

     

Term Loan, 6.00%, Maturing March 25, 2020

      522        536,740   

Fairmount Minerals LTD

     

Term Loan, 5.00%, Maturing September 5, 2019

      2,050        2,068,846   

Murray Energy Corporation

     

Term Loan, 4.75%, Maturing May 24, 2019

      399        398,900   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  
     

Nonferrous Metals / Minerals (continued)

  

Noranda Aluminum Acquisition Corporation

     

Term Loan, 5.75%, Maturing February 28, 2019

      1,010      $ 931,379   

Novelis, Inc.

     

Term Loan, 3.75%, Maturing March 10, 2017

      2,655        2,671,721   

Oxbow Carbon LLC

     

Term Loan, 4.25%, Maturing July 19, 2019

      469        473,607   

Term Loan - Second Lien, 8.00%, Maturing January 17, 2020

      775        791,953   

United Central Industrial Supply Company, L.L.C.

     

Term Loan, 7.50%, Maturing October 9, 2018

      1,163        1,068,736   

Term Loan - Second Lien, 12.50%, Maturing April 9, 2019

      500        455,000   

Walter Energy, Inc.

     

Term Loan, 6.75%, Maturing April 2, 2018

      1,607        1,578,311   
   
      $ 16,197,737   
   

Oil and Gas — 4.9%

  

Ameriforge Group, Inc.

     

Term Loan, 5.00%, Maturing December 19, 2019

      521      $ 525,947   

Term Loan - Second Lien, 8.75%, Maturing December 18, 2020

      1,800        1,824,750   

Bronco Midstream Funding LLC

     

Term Loan, 5.00%, Maturing August 17, 2020

      1,800        1,822,500   

Citgo Petroleum Corporation

     

Term Loan, 8.00%, Maturing June 24, 2015

      153        154,521   

Term Loan, 9.00%, Maturing June 23, 2017

      2,179        2,224,930   

Crestwood Holdings LLC

     

Term Loan, 7.00%, Maturing June 19, 2019

      1,948        1,996,203   

Energy Transfer Equity, L.P.

     

Term Loan, 3.75%, Maturing March 24, 2017

      1,181        1,188,961   

Fieldwood Energy LLC

     

Term Loan, 3.88%, Maturing September 28, 2018

      800        807,247   

MEG Energy Corp.

     

Term Loan, 3.75%, Maturing March 31, 2020

      7,453        7,502,894   

Obsidian Natural Gas Trust

     

Term Loan, 7.00%, Maturing November 2, 2015

      1,735        1,741,470   

Ruby Western Pipeline Holdings, LLC

     

Term Loan, 3.50%, Maturing March 27, 2020

      449        450,736   

Samson Investment Company

     

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

      1,850        1,869,079   

Sheridan Production Partners I, LLC

     

Term Loan, 5.00%, Maturing September 14, 2019

      1,994        2,002,945   

Term Loan, 5.00%, Maturing September 25, 2019

      161        162,112   

Term Loan, 5.00%, Maturing September 25, 2019

      264        265,407   
 

 

  15   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2013

 

Portfolio of Investments — continued

 

 

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

Oil and Gas (continued)

  

Tallgrass Operations, LLC

     

Term Loan, 5.25%, Maturing November 13, 2018

      1,138      $ 1,148,655   

Tervita Corporation

     

Term Loan, 6.25%, Maturing May 15, 2018

      3,130        3,136,955   
   
      $ 28,825,312   
   

Publishing — 5.3%

  

Advanstar Communications Inc.

     

Term Loan, 5.50%, Maturing April 29, 2019

      771      $ 766,306   

American Greetings Corporation

     

Term Loan, 4.00%, Maturing August 9, 2019

      1,100        1,102,750   

Ascend Learning, Inc.

     

Term Loan, 7.00%, Maturing May 23, 2017

      1,908        1,910,898   

Flint Group SA

     

Term Loan, 6.65%, Maturing December 30, 2016

      93        92,832   

Term Loan, 6.65%, Maturing December 30, 2016

      1,543        1,534,543   

Term Loan, 6.65%, Maturing December 30, 2016

      1,614        1,613,489   

Getty Images, Inc.

     

Term Loan, 4.75%, Maturing October 18, 2019

      4,739        4,177,892   

Interactive Data Corporation

     

Term Loan, 3.75%, Maturing February 11, 2018

      4,129        4,136,399   

Lamar Media Corporation

     

Term Loan, 4.00%, Maturing December 30, 2016

      39        38,634   

Laureate Education, Inc.

     

Term Loan, 5.00%, Maturing June 15, 2018

      7,440        7,499,042   

McGraw-Hill Global Education Holdings, LLC

     

Term Loan, 9.00%, Maturing March 22, 2019

      821        836,010   

Media General Inc.

     

Term Loan, 3.25%, Maturing July 31, 2020(6)

      1,125        1,132,031   

Merrill Communications, LLC

     

Term Loan, 7.25%, Maturing March 8, 2018

      680        687,737   

Multi Packaging Solutions, Inc.

     

Term Loan, 4.25%, Maturing August 21, 2020

      375        376,719   

Nelson Education Ltd.

     

Term Loan, 2.75%, Maturing July 3, 2014

      441        337,445   

Penton Media, Inc.

     

Term Loan, 5.50%, Maturing October 1, 2019

      600        595,000   

Rentpath, Inc.

     

Term Loan, 6.25%, Maturing May 29, 2020

      1,047        1,027,056   

Springer Science+Business Media Deutschland GmbH

     

Term Loan, 5.00%, Maturing August 14, 2020

      1,125        1,126,406   

Tribune Company

     

Term Loan, 4.00%, Maturing December 31, 2019

      1,687        1,690,616   
   
      $ 30,681,805   
   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  
     

Radio and Television — 3.3%

  

Clear Channel Communications, Inc.

     

Term Loan, 3.82%, Maturing January 29, 2016

      384      $ 373,133   

Term Loan, 6.92%, Maturing January 30, 2019

      1,132        1,085,407   

Cumulus Media Holdings Inc.

     

Term Loan, 4.50%, Maturing September 17, 2018

      4,434        4,473,547   

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

      1,000        1,026,550   

Entercom Radio, LLC

     

Term Loan, 5.02%, Maturing November 23, 2018

      447        450,781   

Foxco Acquisition Sub, LLC

     

Term Loan, 5.50%, Maturing July 14, 2017

      1,307        1,313,881   

Gray Television, Inc.

     

Term Loan, 4.75%, Maturing October 15, 2019

      440        443,192   

Hubbard Radio, LLC

     

Term Loan, 4.50%, Maturing April 29, 2019

      806        812,522   

LIN Television Corp.

     

Term Loan, 4.00%, Maturing December 21, 2018

      590        593,852   

Mission Broadcasting, Inc.

     

Term Loan, 4.25%, Maturing December 3, 2019

      407        408,307   

Nexstar Broadcasting, Inc.

     

Term Loan, 4.25%, Maturing December 3, 2019

      962        965,803   

Nine Entertainment Group Limited

     

Term Loan, 3.25%, Maturing February 5, 2020

      746        743,219   

Raycom TV Broadcasting, Inc.

     

Term Loan, 4.25%, Maturing May 31, 2017

      855        858,520   

Sinclair Television Group Inc.

     

Term Loan, 3.00%, Maturing April 9, 2020

      498        492,003   

TWCC Holding Corp.

     

Term Loan, 3.50%, Maturing February 13, 2017

      1,112        1,117,674   

Univision Communications Inc.

     

Term Loan, 4.50%, Maturing March 2, 2020

      3,806        3,824,049   
   
      $ 18,982,440   
   

Retailers (Except Food and Drug) — 7.4%

  

99 Cents Only Stores

     

Term Loan, 4.50%, Maturing January 11, 2019

      1,945      $ 1,964,129   

B&M Retail Limited

     

Term Loan, 6.01%, Maturing February 18, 2020

  GBP     1,825        2,939,614   

Bass Pro Group, LLC

     

Term Loan, 4.00%, Maturing November 20, 2019

      1,340        1,349,731   

CDW LLC

     

Term Loan, 3.50%, Maturing April 29, 2020

      4,951        4,931,654   

David’s Bridal, Inc.

     

Term Loan, 5.00%, Maturing October 11, 2019

      645        647,539   
 

 

  16   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2013

 

Portfolio of Investments — continued

 

 

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

Retailers (Except Food and Drug) (continued)

  

Evergreen Acqco 1 LP

     

Term Loan, 5.00%, Maturing July 9, 2019

      667      $ 669,496   

Harbor Freight Tools USA, Inc.

     

Term Loan, 4.75%, Maturing July 26, 2019

      1,122        1,136,636   

Hudson’s Bay Company

     

Term Loan, Maturing October 7, 2020(4)

      3,925        3,981,912   

J Crew Group, Inc.

     

Term Loan, 4.00%, Maturing March 7, 2018

      2,051        2,061,013   

Jo-Ann Stores, Inc.

     

Term Loan, 4.00%, Maturing March 16, 2018

      1,914        1,915,955   

Michaels Stores, Inc.

     

Term Loan, 3.75%, Maturing January 28, 2020

      2,562        2,573,783   

National Vision, Inc.

     

Term Loan, 7.00%, Maturing August 2, 2018

      785        788,590   

Neiman Marcus Group, Inc. (The)

     

Term Loan, 5.00%, Maturing October 26, 2020

      4,300        4,333,144   

Ollie’s Bargain Outlet, Inc.

     

Term Loan, 5.25%, Maturing September 27, 2019

      471        472,322   

Party City Holdings Inc.

     

Term Loan, 4.25%, Maturing July 29, 2019

      2,360        2,369,999   

Pep Boys-Manny, Moe & Jack (The)

     

Term Loan, 5.00%, Maturing October 11, 2018

      471        474,679   

Petco Animal Supplies, Inc.

     

Term Loan, 4.00%, Maturing November 24, 2017

      2,198        2,209,969   

Pilot Travel Centers LLC

     

Term Loan, 3.75%, Maturing March 30, 2018

      1,751        1,756,409   

Term Loan, 4.25%, Maturing August 7, 2019

      593        595,710   

Spin Holdco Inc.

     

Term Loan, 4.25%, Maturing November 14, 2019

      2,050        2,050,855   

Toys ‘R’ Us Property Company I, LLC

     

Term Loan, 6.00%, Maturing August 21, 2019

      825        808,706   

Visant Corporation

     

Term Loan, 5.25%, Maturing December 22, 2016

      1,280        1,257,348   

Vivarte SA

     

Term Loan, 2.34%, Maturing March 9, 2015

  EUR     29        35,823   

Term Loan, 2.34%, Maturing March 9, 2015

  EUR     62        78,324   

Term Loan, 2.34%, Maturing March 9, 2015

  EUR     347        435,335   

Term Loan, 2.84%, Maturing March 8, 2016

  EUR     18        23,072   

Term Loan, 2.84%, Maturing March 8, 2016

  EUR     71        89,253   

Term Loan, 2.84%, Maturing March 8, 2016

  EUR     440        552,518   

Wilton Brands LLC

     

Term Loan, 7.50%, Maturing August 30, 2018

      618        574,275   
                     
  $ 43,077,793   
                     
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  
     

Steel — 2.0%

  

Essar Steel Algoma, Inc.

     

Term Loan, 8.75%, Maturing September 19, 2014

      1,040      $ 1,057,691   

FMG Resources (August 2006) Pty Ltd.

     

Term Loan, 5.25%, Maturing October 18, 2017

      5,767        5,790,013   

JFB Firth Rixson Inc.

     

Term Loan, 5.00%, Maturing June 30, 2017

  GBP     744        1,193,158   

JMC Steel Group, Inc.

     

Term Loan, 4.75%, Maturing April 3, 2017

      683        686,562   

Neenah Foundry Company

     

Term Loan, 6.75%, Maturing April 26, 2017

      463        463,125   

Patriot Coal Corporation

     

DIP Loan, 9.25%, Maturing December 31, 2013

      825        827,063   

SunCoke Energy, Inc.

     

Term Loan, 4.00%, Maturing July 26, 2018

      152        151,382   

Waupaca Foundry, Inc.

     

Term Loan, 4.50%, Maturing June 29, 2017

      1,456        1,462,948   
                     
  $ 11,631,942   
                     

Surface Transport — 0.5%

  

Hertz Corporation (The)

     

Term Loan, 3.75%, Maturing March 12, 2018

      1,787      $ 1,796,735   

Swift Transportation Co., Inc.

     

Term Loan, 4.00%, Maturing December 21, 2017

      1,201        1,211,321   
                     
  $ 3,008,056   
                     

Telecommunications — 5.3%

  

Arris Group, Inc.

     

Term Loan, 3.50%, Maturing April 17, 2020

      1,045      $ 1,042,465   

Cellular South, Inc.

     

Term Loan, 3.25%, Maturing May 22, 2020

      398        397,503   

Cricket Communications, Inc.

     

Term Loan, 4.75%, Maturing October 10, 2019

      471        474,286   

Term Loan, 4.75%, Maturing March 9, 2020

      3,067        3,085,284   

Crown Castle International Corporation

     

Term Loan, 3.25%, Maturing January 31, 2019

      2,989        2,986,882   

Intelsat Jackson Holdings S.A.

     

Term Loan, 4.25%, Maturing April 2, 2018

      9,801        9,867,319   

Mitel US Holdings, Inc.

     

Term Loan, 7.00%, Maturing February 27, 2019

      744        751,819   

SBA Finance

     

Term Loan, 3.75%, Maturing June 29, 2018

      343        343,719   

Term Loan, 3.75%, Maturing September 27, 2019

      156        156,344   
 

 

  17   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2013

 

Portfolio of Investments — continued

 

 

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

Telecommunications (continued)

  

Syniverse Holdings, Inc.

     

Term Loan, 4.00%, Maturing April 23, 2019

      1,188      $ 1,192,365   

Term Loan, 4.00%, Maturing April 23, 2019

      1,776        1,784,003   

Telesat LLC

  

Term Loan, 3.50%, Maturing March 28, 2019

      6,740        6,765,218   

Windstream Corporation

     

Term Loan, 4.00%, Maturing August 8, 2019

      1,908        1,919,602   
                     
  $ 30,766,809   
                     

Utilities — 2.4%

  

AES Corporation

     

Term Loan, 3.75%, Maturing June 1, 2018

      2,677      $ 2,698,600   

Calpine Construction Finance Company, L.P.

     

Term Loan, 3.00%, Maturing May 4, 2020

      1,047        1,036,465   

Term Loan, 3.25%, Maturing January 31, 2022

      399        395,841   

Calpine Corporation

     

Term Loan, 4.00%, Maturing April 2, 2018

      929        935,783   

Term Loan, 4.00%, Maturing April 2, 2018

      2,730        2,749,389   

Term Loan, 4.00%, Maturing October 9, 2019

      817        822,429   

Dynegy Holdings Inc.

     

Term Loan, 4.00%, Maturing April 23, 2020

      967        968,534   

Equipower Resources Holdings LLC

     

Term Loan, 4.25%, Maturing December 31, 2019

      574        577,028   

La Frontera Generation, LLC

     

Term Loan, 4.50%, Maturing September 30, 2020

      632        637,461   

LSP Madison Funding, LLC

     

Term Loan, 5.50%, Maturing June 28, 2019

      534        539,117   

Power Team Services, LLC

     

Term Loan, 3.69%, Maturing May 6, 2020(6)

      33        32,833   

Term Loan, 4.25%, Maturing May 6, 2020

      266        262,808   

Raven Power Finance, LLC

     

Term Loan, 7.25%, Maturing November 15, 2018

      496        507,416   

Texas Competitive Electric Holdings Company, LLC

     

Term Loan, 4.70%, Maturing October 10, 2017

      2,707        1,812,530   
                     
  $ 13,976,234   
                     

Total Senior Floating-Rate Interests
(identified cost $822,939,013)

      $ 824,556,122   
   
Corporate Bonds & Notes — 12.3%   
     
Security        Principal
Amount*
(000’s omitted)
    Value  
     

Aerospace and Defense — 0.0%(3)

  

Alliant Techsystems, Inc.

     

5.25%, 10/1/21(7)

      45      $ 45,394   

GenCorp, Inc.

     

7.125%, 3/15/21(7)

      50        53,750   
                     
  $ 99,144   
                     

Automotive — 0.1%

  

American Axle & Manufacturing, Inc.

     

9.25%, 1/15/17(7)

      51      $ 54,315   

General Motors Financial Co., Inc.

     

4.75%, 8/15/17(7)

      70        74,375   

3.25%, 5/15/18(7)

      10        9,988   

4.25%, 5/15/23(7)

      40        38,500   

Navistar International Corp.

     

8.25%, 11/1/21

      105        107,756   
                     
  $ 284,934   
                     

Beverage and Tobacco — 0.0%(3)

  

Constellation Brands, Inc.

     

6.00%, 5/1/22

      105      $ 114,975   

4.25%, 5/1/23

      105        100,931   
                     
  $ 215,906   
                     

Brokers, Dealers and Investment Houses — 0.0%(3)

  

Alliance Data Systems Corp.

     

6.375%, 4/1/20(7)

      55      $ 57,612   

E*TRADE Financial Corp.

     

6.00%, 11/15/17

      15        15,975   

6.375%, 11/15/19

      45        48,375   

Nielsen Co. Luxembourg S.a.r.l. (The)

     

5.50%, 10/1/21(7)

      35        36,050   
                     
  $ 158,012   
                     

Building and Development — 0.1%

  

Brookfield Residential Properties, Inc.

     

6.50%, 12/15/20(7)

      55      $ 56,925   

Builders FirstSource, Inc.

     

7.625%, 6/1/21(7)

      70        72,975   

HD Supply, Inc.

     

8.125%, 4/15/19

      35        39,295   

7.50%, 7/15/20(7)

      30        31,725   

11.50%, 7/15/20

      35        42,306   
 

 

  18   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2013

 

Portfolio of Investments — continued

 

 

Security        Principal
Amount*
(000’s omitted)
    Value  
     

Building and Development (continued)

  

Interline Brands, Inc.

     

10.00%, 11/15/18(5)

      130      $ 143,000   

Nortek, Inc.

     

10.00%, 12/1/18

      85        94,137   

8.50%, 4/15/21

      50        55,063   

USG Corp.

     

5.875%, 11/1/21(7)

      20        20,425   
                     
  $ 555,851   
                     

Business Equipment and Services — 0.2%

  

ADT Corp. (The)

     

6.25%, 10/15/21(7)

      105      $ 111,562   

Education Management, LLC/Education Management
Finance Corp.

   

15.00%, 7/1/18(13)

      56        60,587   

FTI Consulting, Inc.

     

6.00%, 11/15/22

      40        41,000   

IMS Health, Inc.

     

6.00%, 11/1/20(7)

      75        78,188   

Iron Mountain, Inc.

     

6.00%, 8/15/23

      95        97,137   

National CineMedia, LLC

  

6.00%, 4/15/22

      790        825,550   

TransUnion Holding Co., Inc.

     

8.125%, 6/15/18

      100        107,125   

United Rentals North America, Inc.

     

8.375%, 9/15/20

      20        22,450   

7.625%, 4/15/22

      25        28,125   
                     
  $ 1,371,724   
                     

Cable and Satellite Television — 0.3%

  

AMC Networks, Inc.

     

4.75%, 12/15/22

      35      $ 34,038   

CCO Holdings, LLC/CCO Capital Corp.

     

5.25%, 9/30/22

      155        146,475   

5.75%, 1/15/24

      70        66,500   

DISH DBS Corp.

     

6.75%, 6/1/21

      205        222,937   

5.875%, 7/15/22

      70        72,012   

Unitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH

  

5.50%, 1/15/23(7)

      1,000        992,500   
                     
  $ 1,534,462   
                     
Security        Principal
Amount*
(000’s omitted)
    Value  
     

Chemicals and Plastics — 1.7%

  

Chemtura Corp.

     

5.75%, 7/15/21

      25      $ 25,438   

Hexion US Finance Corp.

     

6.625%, 4/15/20

      2,950        3,009,000   

Ineos Finance PLC

     

7.25%, 2/15/19(7)(8)

  EUR     1,000        1,449,397   

8.375%, 2/15/19(7)

      1,825        2,041,719   

7.50%, 5/1/20(7)

      800        878,000   

Milacron, LLC/Mcron Finance Corp.

     

7.75%, 2/15/21(7)

      20        21,000   

Rockwood Specialties Group, Inc.

     

4.625%, 10/15/20

      130        134,225   

Trinseo Materials Operating S.C.A.

     

8.75%, 2/1/19(7)

      2,000        2,005,000   

Tronox Finance, LLC

     

6.375%, 8/15/20

      155        158,875   
                     
  $ 9,722,654   
                     

Clothing / Textiles — 0.0%(3)

  

Levi Strauss & Co.

     

6.875%, 5/1/22

      40      $ 43,600   

Quiksilver, Inc./QS Wholesale, Inc.

     

7.875%, 8/1/18(7)

      10        10,750   

10.00%, 8/1/20(7)

      5        5,488   

SIWF Merger Sub, Inc.

     

6.25%, 6/1/21(7)

      20        20,150   
                     
  $ 79,988   
                     

Commercial Services — 0.0%(3)

  

TMS International Corp.

     

7.625%, 10/15/21(7)

      45      $ 47,250   
                     
      $ 47,250   
                     

Conglomerates — 0.0%(3)

  

Belden, Inc.

     

5.50%, 9/1/22(7)

      20      $ 20,100   

Harbinger Group, Inc.

     

7.875%, 7/15/19(7)

      35        37,362