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, 2017

Date of Reporting Period

 

 

 


Item 1. Reports to Stockholders

 


LOGO

 

 

Eaton Vance

Senior Floating-Rate Trust (EFR)

Annual Report

October 31, 2017

 

 

 

 

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. Accordingly, neither the Fund nor the adviser with respect to the operation of the Fund is subject to 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, 2017

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

     47  

Federal Tax Information

     48  

Annual Meeting of Shareholders

     49  

Dividend Reinvestment Plan

     50  

Management and Organization

     52  

Important Notices

     55  


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Management’s Discussion of Fund Performance1

 

 

Economic and Market Conditions

The U.S. floating-rate loan market experienced a positive return and limited price volatility for the 12-month period ended October 31, 2017, with the S&P/LSTA Leveraged Loan Index (the Index),2 a broad barometer of the U.S. loan market, returning 5.06%. For the period as a whole, performance was composed almost entirely of income payments, with only a small contribution from loan price appreciation.

As the period opened, capital markets in general experienced volatility following the outcome of the U.S. presidential election. In particular, many fixed-income markets experienced falling prices alongside rising interest rates, as market participants focused on the potential for a Trump Administration to spur higher economic growth and inflation by lowering taxes and reducing regulation. By contrast, the loan market was helped by increasing investor demand for floating-rate securities amid growing expectations for rising short-term interest rates. As the period carried on, the U.S. Federal Reserve Board (the Fed) followed through with its pledge to tighten financial conditions, with short-term rate hikes in December 2016, and March and June 2017. As a result, loans benefited from investor demand throughout the period.

Amid strong demand, issuance of new loans was robust throughout the period. Growth in overall loan supply, however, was limited by repayments and refinancing of existing loans. Refinancing in general delivered a recycling of existing loans at lower overall spreads to U.S. Treasurys. While tightening loan spreads throughout the period hurt some of the asset class’ income generating power, rising interest rates on new loan issuance provided a significant offset. Loan price changes, on the other hand, were relatively stable, with the majority of loans beginning and ending the fiscal year near their par value (issuance price). Approximately 85% of performing loans ended the period bid at 98% of their par value or higher.

With the U.S. economy continuing its low-growth recovery throughout the period, health in corporate fundamentals continued to reflect relatively benign conditions. As a result, the loan market’s default rate remained low from a historical perspective, finishing the period near a 20-month low and running at approximately half its long-term average.

Fund Performance

For the fiscal year ended October 31, 2017, Eaton Vance Senior Floating-Rate Trust (the Fund) had a total return

of 8.54% at net asset value (NAV). By comparison, the Fund’s benchmark, the Index, returned 5.06% for the period. The Index is unmanaged and returns do not reflect the effect of any applicable sales charges, commissions, expenses or leverage. Outperformance of the Fund versus the Index for the period was a function of the Fund’s credit rating8 positioning, diversification and loan selection, the inclusion of an allocation to high-yield bonds and the application of investment leverage.6

The Fund has historically tended to maintain underweight exposures, relative to the Index, to lower rated credit segments of the market, namely the CCC- and D- (defaulted) ratings tiers within the Index. This strategy may help the Fund experience limited credit losses over the long run, but it may detract from relative performance versus the Index in times when lower-quality loans perform well. For the period, the Fund held overweight positions in the BB- and B-rated segments of the Index, which returned 3.97% and 5.13%, respectively. The Fund maintained underweights to CCC- and D-rated segments of the Index, which returned 15.22% and 9.94%, respectively. As a result, the Fund’s positioning in higher-quality loans detracted from performance versus the Index during the period.

Security selection overall aided Fund performance versus the Index, with loan picks in the Fund outpacing those within the Index at large. On the sector level, the period was notable for weakness in the retailers (excluding food and drugs) sector of the loan market, which suffered a negative return on challenging business results and investors’ seemingly increasing aversion to the space. The Fund’s underweight exposure to retailers (excluding food and drugs) was therefore a contributor to relative results versus the Index. Elsewhere, the Fund’s overweight exposure to food/drug retailers versus the Index was a detractor, as this area also experienced weakness.

The Fund’s out-of-Index holdings in high-yield bonds also contributed to Fund performance versus the Index, as the high-yield asset class outperformed loans during the period. In a similar vein, the Fund’s employment of leverage contributed to performance versus the Index as well. Utilization of leverage was helpful in that it enhanced the positive return of the Fund’s underlying portfolio. The Index is unlevered.

 

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 include 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 or equal to 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 eatonvance.com.

 

  2  


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

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      Ten Years  

Fund at NAV

     11/28/2003        8.54      6.24      5.82

Fund at Market Price

            9.04        4.48        6.35  

S&P/LSTA Leveraged Loan Index

            5.06      4.15      4.68
           
% Premium/Discount to NAV4                                
              –4.34
           
Distributions5                                

Total Distributions per share for the period

            $ 0.873  

Distribution Rate at NAV

              5.44

Distribution Rate at Market Price

              5.69
           
% Total Leverage6                                

Auction Preferred Shares (APS)

              11.21

Borrowings

              23.27  

 

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 include 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 or equal to 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 eatonvance.com.

 

  3  


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Fund Profile

 

 

Top 10 Issuers (% of total investments)7

 

 

Valeant Pharmaceuticals International, Inc.

    1.2

Reynolds Group Holdings, Inc.

    1.2  

Univision Communications, Inc.

    1.0  

TransDigm, Inc.

    1.0  

Asurion, LLC

    1.0  

Virgin Media Investment Holdings Limited

    0.9  

Envision Healthcare Corporation

    0.8  

Infor (US), Inc.

    0.8  

MEG Energy Corp.

    0.8  

Jaguar Holding Company II

    0.8  

Total

    9.5

Top 10 Sectors (% of total investments)7

 

 

Health Care

    9.8

Electronics/Electrical

    9.4  

Business Equipment and Services

    8.3  

Chemicals and Plastics

    5.1  

Telecommunications

    4.5  

Drugs

    4.2  

Retailers (Except Food and Drug)

    4.1  

Industrial Equipment

    3.7  

Cable and Satellite Television

    3.6  

Leisure Goods/Activities/Movies

    3.6  

Total

    56.3
 

 

LOGO

 

See Endnotes and Additional Disclosures in this report.

 

  4  


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

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. The Fund’s performance for certain periods reflects 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. Included in the average annual total return at NAV for the five and ten year periods is the impact of the tender and repurchase of a portion of the Fund’s APS at 95% of the Fund’s APS per share liquidation preference. Had this transaction not occurred, the total return at NAV would be lower for the Fund.

 

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 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. For information about the tax character of distributions made in prior calendar years, please refer to Performance-Tax Character of Distributions on the Fund’s webpage available at eatonvance.com. The Fund’s distributions are determined by the investment adviser based on its current assessment of the Fund’s long-term return potential. Fund distributions may be affected by numerous factors including changes in Fund performance, the cost of financing for leverage, portfolio holdings, realized and projected returns, and other factors. 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  Credit ratings are categorized using S&P 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 S&P are considered to be investment- grade quality. Credit ratings are based largely on the ratings 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. Holdings designated as “Not Rated” are not rated by S&P.

 

   Fund profile subject to change due to active management.
 

 

  5  


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Portfolio of Investments

 

 

Senior Floating-Rate Loans — 138.3%(1)  
     
Borrower/Tranche Description          Principal
Amount*
(000’s omitted)
    Value  

Aerospace and Defense — 2.0%

 

Accudyne Industries, LLC

     

Term Loan, 5.08%, (3 mo. USD LIBOR + 3.75%), Maturing August 2, 2024

      700     $ 705,851  

IAP Worldwide Services, Inc.

     

Revolving Loan, 1.38%, (3 mo. USD LIBOR + 5.50%), Maturing July 18, 2018(2)

      311       310,143  

Term Loan - Second Lien, 8.00%, (3 mo. USD LIBOR + 6.50%), Maturing July 18, 2019(3)

      417       336,239  

TransDigm, Inc.

     

Term Loan, 4.33%, (USD LIBOR + 3.00%), Maturing June 4, 2021(4)

      1,766       1,775,620  

Term Loan, 4.27%, (USD LIBOR + 3.00%), Maturing June 9, 2023(4)

      4,289       4,312,789  

Term Loan, 4.26%, (USD LIBOR + 3.00%), Maturing August 22, 2024(4)

      2,584       2,600,118  

Wesco Aircraft Hardware Corp.

     

Term Loan, 4.25%, (1 mo. USD LIBOR + 3.00%), Maturing October 4, 2021

      926       911,777  
                         
      $ 10,952,537  
                         

Automotive — 2.5%

 

Allison Transmission, Inc.

     

Term Loan, 3.25%, (1 mo. USD LIBOR + 2.00%), Maturing September 23, 2022

      1     $ 1,442  

American Axle and Manufacturing, Inc.

     

Term Loan, 3.56%, (USD LIBOR + 2.25%), Maturing April 6, 2024(4)

      3,037       3,041,940  

Apro, LLC

     

Term Loan, 5.24%, (1 mo. USD LIBOR + 4.00%), Maturing August 8, 2024

      275       279,125  

CS Intermediate Holdco 2, LLC

     

Term Loan, 3.58%, (3 mo. USD LIBOR + 2.25%), Maturing November 2, 2023

      595       599,645  

Dayco Products, LLC

     

Term Loan, 6.32%, (3 mo. USD LIBOR + 5.00%), Maturing
May 19, 2023

      1,022       1,032,662  

FCA US, LLC

     

Term Loan, 3.24%, (1 mo. USD LIBOR + 2.00%), Maturing December 31, 2018

      1,209       1,215,398  

Federal-Mogul Holdings Corporation

     

Term Loan, 4.99%, (1 mo. USD LIBOR + 3.75%), Maturing
April 15, 2021

      3,005       3,028,687  

Horizon Global Corporation

     

Term Loan, 5.74%, (1 mo. USD LIBOR + 4.50%), Maturing
June 30, 2021

      355       358,150  
Borrower/Tranche Description          Principal
Amount*
(000’s omitted)
    Value  

Automotive (continued)

 

Sage Automotive Interiors, Inc.

     

Term Loan, 6.24%, (1 mo. USD LIBOR + 5.00%), Maturing October 27, 2022

      720     $ 722,261  

TI Group Automotive Systems, LLC

     

Term Loan, 3.75%, (3 mo. EURIBOR + 3.00%, Floor 0.75%), Maturing June 30, 2022

    EUR       784       921,994  

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing June 30, 2022

      957       961,897  

Tower Automotive Holdings USA, LLC

     

Term Loan, 4.00%, (1 mo. USD LIBOR + 2.75%), Maturing March 7, 2024

      1,333       1,341,721  

Visteon Corporation

     

Term Loan, 3.58%, (3 mo. USD LIBOR + 2.25%), Maturing March 24, 2024

      627       631,133  
                         
      $ 14,136,055  
                         

Beverage and Tobacco — 0.8%

 

Arterra Wines Canada, Inc.

     

Term Loan, 4.04%, (2 mo. USD LIBOR + 2.75%), Maturing December 15, 2023

      2,134     $ 2,151,213  

Flavors Holdings, Inc.

     

Term Loan, 7.08%, (3 mo. USD LIBOR + 5.75%), Maturing April 3, 2020

      1,116       1,048,943  

Term Loan - Second Lien, 11.33%, (3 mo. USD LIBOR + 10.00%), Maturing October 3, 2021

      1,000       745,000  

Refresco Group B.V.

     

Term Loan, Maturing
September 26, 2024(5)

      350       352,625  
                         
      $ 4,297,781  
                         

Brokerage / Securities Dealers / Investment Houses — 0.9%

 

Aretec Group, Inc.

     

Term Loan, 5.49%, (1 mo. USD LIBOR + 4.25%), Maturing November 23, 2020

      1,433     $ 1,435,015  

Term Loan - Second Lien, 6.74%, (1 mo. USD LIBOR + 5.50% (2.00% Cash, 4.74% PIK)), Maturing May 23, 2021

      2,465       2,453,971  

Resolute Investment Managers, Inc.

     

Term Loan - Second Lien, 10.13%, (3 mo. USD LIBOR + 8.75%), Maturing March 3, 2023

      275       277,062  

Term Loan - Second Lien, Maturing April 30, 2023(5)

      275       275,000  

Salient Partners L.P.

     

Term Loan, 9.85%, (3 mo. USD LIBOR + 8.50%), Maturing May 19, 2021

      709       687,730  
                         
      $ 5,128,778  
                         
 

 

  6   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Portfolio of Investments — continued

 

 

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

Building and Development — 3.4%

 

American Builders & Contractors Supply Co., Inc.

     

Term Loan, 3.74%, (1 mo. USD LIBOR + 2.50%), Maturing October 31, 2023

      2,662     $ 2,680,477  

Beacon Roofing Supply, Inc.

     

Term Loan, Maturing August 23, 2024(5)

      575       579,073  

Core & Main L.P.

     

Term Loan, 4.46%, (6 mo. USD LIBOR + 3.00%), Maturing August 1, 2024

      750       757,344  

CPG International, Inc.

     

Term Loan, 5.08%, (3 mo. USD LIBOR + 3.75%), Maturing
May 3, 2024

      1,884       1,901,836  

DTZ U.S. Borrower, LLC

     

Term Loan, 4.59%, (3 mo. USD LIBOR + 3.25%), Maturing November 4, 2021

      3,848       3,872,746  

Hanjin International Corp.

     

Term Loan, 3.85%, (3 mo. USD LIBOR + 2.50%), Maturing September 20, 2020

      500       502,500  

Henry Company, LLC

     

Term Loan, 5.74%, (1 mo. USD LIBOR + 4.50%), Maturing October 5, 2023

      298       300,976  

Quikrete Holdings, Inc.

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing November 15, 2023

      2,605       2,611,826  

RE/MAX International, Inc.

     

Term Loan, 4.08%, (3 mo. USD LIBOR + 2.75%), Maturing December 15, 2023

      1,849       1,857,045  

Realogy Corporation

     

Term Loan, 3.49%, (1 mo. USD LIBOR + 2.25%), Maturing
July 20, 2022

      566       569,725  

Summit Materials Companies I, LLC

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing
July 17, 2022

      611       616,538  

VICI Properties 1, LLC

     

Term Loan, 4.75%, (1 mo. USD LIBOR + 3.50%), Maturing October 14, 2022

      354       355,016  

Werner FinCo L.P.

     

Term Loan, 5.24%, (1 mo. USD LIBOR + 4.00%), Maturing
July 24, 2024

      800       799,000  

WireCo WorldGroup, Inc.

     

Term Loan, 6.82%, (3 mo. USD LIBOR + 5.50%), Maturing September 30, 2023

      569       572,665  

Term Loan - Second Lien, 10.32%, (3 mo. USD LIBOR + 9.00%), Maturing September 30, 2024

      1,350       1,356,750  
                         
      $ 19,333,517  
                         
Borrower/Tranche Description          Principal
Amount*
(000’s omitted)
    Value  

Business Equipment and Services — 12.5%

 

Acosta Holdco, Inc.

     

Term Loan, 4.49%, (1 mo. USD LIBOR + 3.25%), Maturing September 26, 2021

      2,954     $ 2,602,844  

AlixPartners, LLP

     

Term Loan, 4.08%, (3 mo. USD LIBOR + 2.75%), Maturing April 4, 2024

      1,915       1,927,946  

Altisource Solutions S.a.r.l.

     

Term Loan, 4.74%, (1 mo. USD LIBOR + 3.50%), Maturing December 9, 2020

      1,253       1,200,978  

Avatar Purchaser, Inc.

     

Term Loan, Maturing September 6, 2024(5)

      1,275       1,278,187  

Belron S.A.

     

Term Loan, Maturing October 26, 2024(5)

      525       529,594  

Brand Energy & Infrastructure Services, Inc.

     

Term Loan, 5.61%, (3 mo. USD LIBOR + 4.25%), Maturing June 21, 2024

      524       527,228  

Brickman Group Ltd., LLC

     

Term Loan, 4.32%, (USD LIBOR + 3.00%), Maturing December 18, 2020(4)

      780       786,193  

Camelot UK Holdco Limited

     

Term Loan, 4.74%, (1 mo. USD LIBOR + 3.50%), Maturing
October 3, 2023

      1,139       1,147,245  

Cast and Crew Payroll, LLC

     

Term Loan, 4.33%, (3 mo. USD LIBOR + 3.00%), Maturing September 26, 2024

      398       401,109  

Change Healthcare Holdings, Inc.

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing March 1, 2024

      6,492       6,534,757  

Charah, LLC

     

Term Loan, 7.49%, (1 mo. USD LIBOR + 6.25%), Maturing
October 25, 2024

      650       653,250  

Corporate Capital Trust, Inc.

     

Term Loan, 4.63%, (3 mo. USD LIBOR + 3.25%), Maturing May 20, 2019

      917       919,592  

CPM Holdings, Inc.

     

Term Loan, 5.49%, (1 mo. USD LIBOR + 4.25%), Maturing April 11, 2022

      269       272,997  

Crossmark Holdings, Inc.

     

Term Loan, 4.83%, (3 mo. USD LIBOR + 3.50%), Maturing December 20, 2019

      1,135       759,361  

Cypress Intermediate Holdings III, Inc.

     

Term Loan, 4.25%, (1 mo. USD LIBOR + 3.00%), Maturing April 27, 2024

      1,272       1,277,263  

DigiCert, Inc.

     

Term Loan, Maturing October 31, 2024(5)

      950       963,300  
 

 

  7   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Portfolio of Investments — continued

 

 

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

Business Equipment and Services (continued)

 

Education Management, LLC

     

Term Loan, 5.85%, (3 mo. USD LIBOR + 4.50%), Maturing July 2, 2020(3)

      225     $ 106,640  

Term Loan, 8.85%, (3 mo. USD LIBOR + 7.50%), Maturing July 2, 2020(3)

      505       0  

EIG Investors Corp.

     

Term Loan, 5.32%, (3 mo. USD LIBOR + 4.00%), Maturing February 9, 2023

      3,444       3,484,206  

Element Materials Technology Group US Holdings, Inc.

     

Term Loan, 4.83%, (3 mo. USD LIBOR + 3.50%), Maturing June 28, 2024

      375       379,531  

Extreme Reach, Inc.

     

Term Loan, 7.59%, (3 mo. USD LIBOR + 6.25%), Maturing February 7, 2020

      2,219       2,221,708  

First Data Corporation

     

Term Loan, 3.49%, (1 mo. USD LIBOR + 2.25%), Maturing July 8, 2022

      2,405       2,414,931  

Garda World Security Corporation

     

Term Loan, 5.31%, (3 mo. USD LIBOR + 4.00%), Maturing May 24, 2024

      1,917       1,936,581  

Term Loan, 6.03%, (3 mo. USD LIBOR + 4.75%), Maturing May 24, 2024

    CAD       871       676,960  

Global Payments, Inc.

     

Term Loan, 3.24%, (1 mo. USD LIBOR + 2.00%), Maturing April 21, 2023

      919       923,380  

GreenSky Holdings, LLC

     

Term Loan, 5.25%, (1 mo. USD LIBOR + 4.00%), Maturing August 26, 2024

      1,625       1,633,125  

IG Investment Holdings, LLC

     

Term Loan, 5.33%, (3 mo. USD LIBOR + 4.00%), Maturing October 31, 2021

      2,195       2,225,203  

Information Resources, Inc.

     

Term Loan, 5.62%, (3 mo. USD LIBOR + 4.25%), Maturing January 18, 2024

      846       854,842  

ION Trading Finance Limited

     

Term Loan, 3.75%, (3 mo. EURIBOR + 2.75%, Floor 1.00%), Maturing August 11, 2023

    EUR       1,008       1,188,204  

Term Loan, 4.08%, (3 mo. USD LIBOR + 2.75%), Maturing August 11, 2023

      2,019       2,020,058  

J.D. Power and Associates

     

Term Loan, 5.58%, (3 mo. USD LIBOR + 4.25%), Maturing September 7, 2023

      3,277       3,313,589  

KAR Auction Services, Inc.

     

Term Loan, 3.63%, (3 mo. USD LIBOR + 2.25%), Maturing March 11, 2021

      1,740       1,752,305  

Kronos Incorporated

     

Term Loan, 4.81%, (3 mo. USD LIBOR + 3.50%), Maturing November 1, 2023

      5,806       5,852,270  
Borrower/Tranche Description          Principal
Amount*
(000’s omitted)
    Value  

Business Equipment and Services (continued)

 

Monitronics International, Inc.

     

Term Loan, 6.83%, (3 mo. USD LIBOR + 5.50%), Maturing September 30, 2022

      2,171     $ 2,156,547  

PGX Holdings, Inc.

     

Term Loan, 6.50%, (1 mo. USD LIBOR + 5.25%), Maturing September 29, 2020

      1,229       1,229,063  

Prime Security Services Borrower, LLC

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing May 2, 2022

      2,656       2,682,919  

Red Ventures, LLC

     

Term Loan, Maturing
October 11, 2022(5)

      1,200       1,193,250  

Spin Holdco, Inc.

     

Term Loan, 4.99%, (1 mo. USD LIBOR + 3.75%), Maturing November 14, 2022

      3,202       3,223,797  

Techem GmbH

     

Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing July 31, 2024

    EUR       1,275       1,497,559  

Tempo Acquisition, LLC

     

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing May 1, 2024

      848       851,673  

Travelport Finance (Luxembourg) S.a.r.l.

     

Term Loan, 4.06%, (3 mo. USD LIBOR + 2.75%), Maturing September 2, 2021

      1,116       1,119,338  

Vantiv, LLC

     

Term Loan, 3.24%, (1 mo. USD LIBOR + 2.00%), Maturing August 7, 2024

      975       981,296  

Term Loan, Maturing
September 18, 2024(5)

      275       275,916  

Vestcom Parent Holdings, Inc.

     

Term Loan, 5.24%, (1 mo. USD LIBOR + 4.00%), Maturing December 19, 2023

      496       499,972  

WASH Multifamily Laundry Systems, LLC

     

Term Loan, 4.49%, (1 mo. USD LIBOR + 3.25%), Maturing May 14, 2022

      250       250,092  

West Corporation

     

Term Loan, 5.24%, (1 mo. USD LIBOR + 4.00%), Maturing October 10, 2024

      1,075       1,076,075  
                         
      $ 69,802,874  
                         

Cable and Satellite Television — 5.4%

 

Charter Communications Operating, LLC

     

Term Loan, 3.50%, (1 mo. USD LIBOR + 2.25%), Maturing January 15, 2024

      2,044     $ 2,060,623  

CSC Holdings, LLC

     

Term Loan, 3.49%, (1 mo. USD LIBOR + 2.25%), Maturing July 17, 2025

      3,539       3,534,642  
 

 

  8   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Portfolio of Investments — continued

 

 

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

Cable and Satellite Television (continued)

 

Numericable Group S.A.

     

Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing July 31, 2025

    EUR       448     $ 523,934  

Term Loan, 4.13%, (3 mo. USD LIBOR + 2.75%), Maturing July 31, 2025

      1,841       1,841,613  

Radiate Holdco, LLC

     

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing February 1, 2024

      697       690,460  

Telenet Financing USD, LLC

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing June 30, 2025

      3,025       3,040,545  

Unitymedia Hessen GmbH & Co. KG

     

Term Loan, Maturing
October 16, 2024(5)

    EUR       1,000       1,170,383  

UPC Financing Partnership

     

Term Loan, 3.73%, (1 mo. USD LIBOR + 2.50%), Maturing January 15, 2026

      2,400       2,410,800  

Term Loan, 2.75%, (3 mo. EURIBOR + 2.75%), Maturing October 15, 2026

    EUR       2,000       2,340,157  

Virgin Media Bristol, LLC

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing January 31, 2025

      6,725       6,758,100  

Ziggo Secured Finance B.V.

     

Term Loan, 3.00%, (6 mo. EURIBOR + 3.00%), Maturing April 15, 2025

    EUR       2,200       2,573,348  

Ziggo Secured Finance Partnership

     

Term Loan, 3.74%, (1 mo. USD LIBOR + 2.50%), Maturing April 15, 2025

      3,475       3,486,582  
                         
      $ 30,431,187  
                         

Chemicals and Plastics — 7.4%

 

Alpha 3 B.V.

     

Term Loan, 4.33%, (3 mo. USD LIBOR + 3.00%), Maturing January 31, 2024

      549     $ 552,740  

Aruba Investments, Inc.

     

Term Loan, 4.83%, (3 mo. USD LIBOR + 3.50%), Maturing February 2, 2022

      988       991,933  

Ashland, Inc.

     

Term Loan, 3.29%, (USD LIBOR + 2.00%), Maturing May 17, 2024(4)

      574       577,625  

Avantor, Inc.

     

Term Loan, Maturing September 7, 2024(5)

      1,225       1,229,403  

Axalta Coating Systems US Holdings, Inc.

     

Term Loan, 3.33%, (3 mo. USD LIBOR + 2.00%), Maturing June 1, 2024

      2,693       2,711,206  

Chemours Company (The)

     

Term Loan, 3.00%, (6 mo. EURIBOR + 2.25%, Floor 0.75%), Maturing May 12, 2022

    EUR       633       744,337  
Borrower/Tranche Description          Principal
Amount*
(000’s omitted)
    Value  

Chemicals and Plastics (continued)

 

Chemours Company (The) (continued)

     

Term Loan, 3.75%, (1 mo. USD LIBOR + 2.50%), Maturing
May 12, 2022

      306     $ 309,497  

Emerald Performance Materials, LLC

     

Term Loan, 4.74%, (1 mo. USD LIBOR + 3.50%), Maturing August 1, 2021

      504       508,029  

Term Loan - Second Lien, 8.99%, (1 mo. USD LIBOR + 7.75%), Maturing August 1, 2022

      550       550,860  

Ferro Corporation

     

Term Loan, 3.74%, (1 mo. USD LIBOR + 2.50%), Maturing February 14, 2024

      423       425,584  

Flint Group GmbH

     

Term Loan, 4.36%, (3 mo. USD LIBOR + 3.00%), Maturing September 7, 2021

      144       140,512  

Flint Group US, LLC

     

Term Loan, 4.36%, (3 mo. USD LIBOR + 3.00%), Maturing September 7, 2021

      874       849,980  

Gemini HDPE, LLC

     

Term Loan, 4.38%, (3 mo. USD LIBOR + 3.00%), Maturing August 7, 2021

      2,178       2,192,643  

H.B. Fuller Company

     

Term Loan, 3.49%, (1 mo. USD LIBOR + 2.25%), Maturing October 12, 2024

      1,975       1,988,754  

Huntsman International, LLC

     

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing
April 1, 2023

      706       711,015  

Ineos Finance PLC

     

Term Loan, 3.25%, (1 mo. EURIBOR + 2.50%, Floor 0.75%), Maturing
March 31, 2022

    EUR       1,385       1,616,303  

Ineos US Finance, LLC

     

Term Loan, 3.94%, (1 mo. USD LIBOR + 2.75%), Maturing March 31, 2022

      683       685,188  

Term Loan, Maturing March 31, 2024(5)

    EUR       2,975       3,477,612  

Term Loan, 3.94%, (3 mo. USD LIBOR + 2.75%), Maturing
April 1, 2024

      645       647,947  

Kraton Polymers, LLC

     

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing January 6, 2022

      1,311       1,331,694  

MacDermid, Inc.

     

Term Loan, 3.74%, (1 mo. USD LIBOR + 2.50%), Maturing June 7, 2020

      1,133       1,141,102  

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing June 7, 2023

      2,825       2,843,931  

Minerals Technologies, Inc.

     

Term Loan, 3.52%, (USD LIBOR + 2.25%), Maturing
February 14, 2024(4)

      908       915,067  

Orion Engineered Carbons GmbH

     

Term Loan, 2.75%, (3 mo. EURIBOR + 2.75%), Maturing July 25, 2021

    EUR       809       946,967  
 

 

  9   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Portfolio of Investments — continued

 

 

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

Chemicals and Plastics (continued)

 

Orion Engineered Carbons GmbH (continued)

     

Term Loan, 3.83%, (3 mo. USD LIBOR + 2.50%), Maturing July 25, 2021

      1,131     $ 1,140,750  

PolyOne Corporation

     

Term Loan, 3.24%, (1 mo. USD LIBOR + 2.00%), Maturing November 11, 2022

      491       494,938  

PQ Corporation

     

Term Loan, 4.63%, (3 mo. USD LIBOR + 3.25%), Maturing November 4, 2022

      2,173       2,199,905  

Solenis International L.P.

     

Term Loan, 4.50%, (3 mo. EURIBOR + 3.50%, Floor 1.00%), Maturing July 31, 2021

    EUR       946       1,116,668  

Term Loan, 4.57%, (3 mo. USD LIBOR + 3.25%), Maturing July 31, 2021

      290       290,920  

Sonneborn Refined Products B.V.

     

Term Loan, 4.99%, (1 mo. USD LIBOR + 3.75%), Maturing December 10, 2020

      65       66,092  

Sonneborn, LLC

     

Term Loan, 4.99%, (1 mo. USD LIBOR + 3.75%), Maturing December 10, 2020

      370       374,520  

Trinseo Materials Operating S.C.A.

     

Term Loan, 3.74%, (1 mo. USD LIBOR + 2.50%), Maturing August 16, 2024

      319       321,552  

Tronox Blocked Borrower, LLC

     

Term Loan, 4.32%, (3 mo. USD LIBOR + 3.00%), Maturing September 22, 2024

      1,020       1,027,205  

Tronox Finance, LLC

     

Term Loan, 4.32%, (3 mo. USD LIBOR + 3.00%), Maturing September 22, 2024

      2,355       2,370,472  

Unifrax Corporation

     

Term Loan, 5.08%, (3 mo. USD LIBOR + 3.75%), Maturing April 4, 2024

      549       554,111  

Univar, Inc.

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing July 1, 2022

      3,185       3,202,725  

Venator Materials Corporation

     

Term Loan, 4.38%, (3 mo. USD LIBOR + 3.00%), Maturing August 8, 2024

      375       379,453  
                         
      $ 41,629,240  
                         

Conglomerates — 0.0%(6)

 

Penn Engineering & Manufacturing Corp.

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing June 27, 2024

      249     $ 250,934  
                         
      $ 250,934  
                         
Borrower/Tranche Description          Principal
Amount*
(000’s omitted)
    Value  

Containers and Glass Products — 3.6%

 

Berry Plastics Group, Inc.

     

Term Loan, 3.49%, (1 mo. USD LIBOR + 2.25%), Maturing October 1, 2022

      837     $ 840,606  

BWAY Holding Company

     

Term Loan, 4.60%, (USD LIBOR + 3.25%), Maturing April 3, 2024(4)

      973       976,643  

Consolidated Container Company, LLC

     

Term Loan, 4.74%, (1 mo. USD LIBOR + 3.50%), Maturing May 22, 2024

      375       378,105  

Flex Acquisition Company, Inc.

     

Term Loan, 4.34%, (3 mo. USD LIBOR + 3.00%), Maturing December 29, 2023

      3,109       3,133,019  

Horizon Holdings III SAS

     

Term Loan, 2.75%, (6 mo. EURIBOR + 2.75%), Maturing October 29, 2022

    EUR       1,650       1,924,164  

Libbey Glass, Inc.

     

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing April 9, 2021

      1,094       1,038,970  

Multi Color Corporation

     

Term Loan, Maturing
September 20, 2024(5)

      325       327,742  

Pelican Products, Inc.

     

Term Loan, 5.58%, (3 mo. USD LIBOR + 4.25%), Maturing April 11, 2020

      358       359,890  

Reynolds Group Holdings, Inc.

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing February 5, 2023

      5,307       5,342,380  

Ring Container Technologies Group, LLC

     

Term Loan, Maturing
October 31, 2024(5)

      475       476,039  

SIG Combibloc PurchaseCo S.a.r.l.

     

Term Loan, 3.25%, (1 mo. EURIBOR + 3.25%), Maturing March 13, 2022

    EUR       1,950       2,286,541  

SIG Combibloc US Acquisition, Inc.

     

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing March 13, 2022

      1,159       1,167,214  

Tekni-Plex, Inc.

     

Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), Maturing October 17, 2024

    EUR       1,375       1,615,183  

Term Loan, 4.53%, (3 mo. USD LIBOR + 3.25%), Maturing October 17, 2024

      300       302,500  
                         
      $ 20,168,996  
                         

Cosmetics / Toiletries — 0.7%

 

Coty, Inc.

     

Term Loan, 3.73%, (1 mo. USD LIBOR + 2.50%), Maturing October 27, 2022

      862     $ 861,370  
 

 

  10   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Portfolio of Investments — continued

 

 

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

Cosmetics / Toiletries (continued)

 

Galleria Co.

     

Term Loan, 4.25%, (1 mo. USD LIBOR + 3.00%), Maturing September 29, 2023

      1,725     $ 1,727,156  

KIK Custom Products, Inc.

     

Term Loan, 5.74%, (1 mo. USD LIBOR + 4.50%), Maturing August 26, 2022

      1,445       1,462,932  
                         
      $ 4,051,458  
                         

Drugs — 5.9%

 

Albany Molecular Research, Inc.

     

Term Loan, 4.58%, (3 mo. USD LIBOR + 3.25%), Maturing August 30, 2024

      800     $ 806,500  

Term Loan - Second Lien, 8.33%, (3 mo. USD LIBOR + 7.00%), Maturing August 30, 2025

      500       510,313  

Alkermes, Inc.

     

Term Loan, 4.07%, (3 mo. USD LIBOR + 2.75%), Maturing September 25, 2021

      357       359,487  

Amneal Pharmaceuticals, LLC

     

Term Loan, 4.83%, (3 mo. USD LIBOR + 3.50%), Maturing November 1, 2019

      3,119       3,145,156  

Arbor Pharmaceuticals, Inc.

     

Term Loan, 6.33%, (3 mo. USD LIBOR + 5.00%), Maturing
July 5, 2023

      2,786       2,793,381  

Endo Luxembourg Finance Company I S.a.r.l.

     

Term Loan, 5.50%, (1 mo. USD LIBOR + 4.25%), Maturing
April 29, 2024

      4,688       4,755,058  

Horizon Pharma, Inc.

     

Term Loan, 5.00%, (1 mo. USD LIBOR + 3.75%), Maturing March 29, 2024

      3,365       3,383,293  

Jaguar Holding Company II

     

Term Loan, 4.04%, (USD LIBOR + 2.75%), Maturing August 18, 2022(4)

      6,620       6,665,231  

Mallinckrodt International Finance S.A.

     

Term Loan, 4.08%, (3 mo. USD LIBOR + 2.75%), Maturing September 24, 2024

      2,844       2,853,250  

Valeant Pharmaceuticals International, Inc.

     

Term Loan, 5.99%, (1 mo. USD LIBOR + 4.75%), Maturing
April 1, 2022

      7,457       7,609,911  
                         
      $ 32,881,580  
                         

Ecological Services and Equipment — 1.3%

 

Advanced Disposal Services, Inc.

     

Term Loan, 3.95%, (1 week USD LIBOR + 2.75%), Maturing November 10, 2023

      2,074     $ 2,093,518  

EnergySolutions, LLC

     

Term Loan, 6.09%, (3 mo. USD LIBOR + 4.75%), Maturing
May 29, 2020

      2,676       2,726,424  
Borrower/Tranche Description          Principal
Amount*
(000’s omitted)
    Value  

Ecological Services and Equipment (continued)

 

GFL Environmental, Inc.

     

Term Loan, 5.08%, (3 mo. USD LIBOR + 3.75%), Maturing September 27, 2023

    CAD       1,386     $ 1,075,678  

Term Loan, 4.08%, (3 mo. USD LIBOR + 2.75%), Maturing September 29, 2023

      842       846,233  

Wrangler Buyer Corp.

     

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing September 27, 2024

      525       529,969  
                         
      $ 7,271,822  
                         

Electronics / Electrical — 13.9%

 

Almonde, Inc.

     

Term Loan, 4.82%, (3 mo. USD LIBOR + 3.50%), Maturing June 13, 2024

      2,625     $ 2,621,062  

Answers Finance, LLC

     

Term Loan - Second Lien, 9.00%, (3 mo. USD Prime + 7.90%, Cap 1.10%), Maturing September 15, 2021

      485       467,263  

Applied Systems, Inc.

     

Term Loan, 4.57%, (3 mo. USD LIBOR + 3.25%), Maturing September 19, 2024

      2,250       2,280,625  

Aptean, Inc.

     

Term Loan, 5.59%, (3 mo. USD LIBOR + 4.25%), Maturing December 20, 2022

      2,512       2,538,755  

Avast Software B.V.

     

Term Loan, 4.58%, (3 mo. USD LIBOR + 3.25%), Maturing September 29, 2023

      1,902       1,915,137  

Campaign Monitor Finance Pty. Limited

     

Term Loan, 6.58%, (3 mo. USD LIBOR + 5.25%), Maturing March 18, 2021

      684       667,653  

CommScope, Inc.

     

Term Loan, 3.37%, (USD LIBOR + 2.00%), Maturing
December 29, 2022(4)

      719       721,982  

CPI International, Inc.

     

Term Loan, 4.74%, (1 mo. USD LIBOR + 3.50%), Maturing
July 26, 2024

      650       652,539  

Cypress Semiconductor Corporation

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing
July 5, 2021

      1,008       1,016,316  

Electrical Components International, Inc.

     

Term Loan, 6.09%, (3 mo. USD LIBOR + 4.75%), Maturing
May 28, 2021

      1,333       1,343,960  

Electro Rent Corporation

     

Term Loan, 6.27%, (2 mo. USD LIBOR + 5.00%), Maturing January 19, 2024

      1,241       1,259,234  

Entegris, Inc.

     

Term Loan, 3.49%, (1 mo. USD LIBOR + 2.25%), Maturing
April 30, 2021

      173       173,778  
 

 

  11   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Portfolio of Investments — continued

 

 

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

Electronics / Electrical (continued)

 

Exact Merger Sub, LLC

     

Term Loan, 5.58%, (3 mo. USD LIBOR + 4.25%), Maturing September 27, 2024

      600     $ 606,000  

Excelitas Technologies Corp.

     

Term Loan, 6.34%, (3 mo. USD LIBOR + 5.00%), Maturing October 31, 2020

      807       809,615  

Eze Castle Software, Inc.

     

Term Loan, 4.33%, (3 mo. USD LIBOR + 3.00%), Maturing April 6, 2020

      2,461       2,479,321  

Go Daddy Operating Company, LLC

     

Term Loan, 3.74%, (1 mo. USD LIBOR + 2.50%), Maturing February 15, 2024

      5,281       5,310,439  

GTCR Valor Companies, Inc.

     

Term Loan, 5.58%, (3 mo. USD LIBOR + 4.25%), Maturing June 16, 2023

      750       761,894  

Term Loan, 4.25%, (3 mo. EURIBOR + 4.25%), Maturing June 20, 2023

    EUR       500       590,797  

Hyland Software, Inc.

     

Term Loan, 4.49%, (1 mo. USD LIBOR + 3.25%), Maturing July 1, 2022

      2,833       2,863,575  

Infoblox, Inc.

     

Term Loan, 6.24%, (1 mo. USD LIBOR + 5.00%), Maturing November 7, 2023

      2,065       2,070,648  

Infor (US), Inc.

     

Term Loan, 3.75%, (3 mo. EURIBOR + 2.75%, Floor 1.00%), Maturing February 1, 2022

    EUR       821       963,467  

Term Loan, 4.08%, (3 mo. USD LIBOR + 2.75%), Maturing February 1, 2022

      5,952       5,970,304  

Informatica Corporation

     

Term Loan, 4.83%, (3 mo. USD LIBOR + 3.50%), Maturing August 5, 2022

      3,356       3,367,774  

Lattice Semiconductor Corporation

     

Term Loan, 5.49%, (1 mo. USD LIBOR + 4.25%), Maturing March 10, 2021

      505       510,507  

M/A-COM Technology Solutions Holdings, Inc.

     

Term Loan, 3.49%, (1 mo. USD LIBOR + 2.25%), Maturing May 17, 2024

      1,205       1,208,510  

MA FinanceCo., LLC

     

Term Loan, 3.74%, (1 mo. USD LIBOR + 2.50%), Maturing November 19, 2021

      2,839       2,842,849  

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing June 21, 2024

      484       484,662  

Microsemi Corporation

     

Term Loan, 3.49%, (1 mo. USD LIBOR + 2.25%), Maturing January 15, 2023

      494       496,803  

MTS Systems Corporation

     

Term Loan, 4.49%, (1 mo. USD LIBOR + 3.25%), Maturing July 5, 2023

      1,287       1,298,261  
Borrower/Tranche Description          Principal
Amount*
(000’s omitted)
    Value  

Electronics / Electrical (continued)

 

Renaissance Learning, Inc.

     

Term Loan, 5.08%, (3 mo. USD LIBOR + 3.75%), Maturing April 9, 2021

      2,149     $ 2,163,738  

Term Loan - Second Lien, 8.33%, (3 mo. USD LIBOR + 7.00%), Maturing April 11, 2022

      225       227,109  

Rocket Software, Inc.

     

Term Loan, 5.58%, (3 mo. USD LIBOR + 4.25%), Maturing
October 14, 2023

      1,163       1,178,639  

Seattle Spinco, Inc.

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing June 21, 2024

      3,266       3,273,041  

SGS Cayman L.P.

     

Term Loan, 6.71%, (3 mo. USD LIBOR + 5.38%), Maturing April 23, 2021

      197       189,266  

SkillSoft Corporation

     

Term Loan, 5.99%, (1 mo. USD LIBOR + 4.75%), Maturing April 28, 2021

      4,162       3,998,527  

SS&C Technologies, Inc.

     

Term Loan, 3.49%, (1 mo. USD LIBOR + 2.25%), Maturing July 8, 2022

      75       75,086  

Term Loan, 3.49%, (1 mo. USD LIBOR + 2.25%), Maturing July 8, 2022

      1,549       1,559,159  

SurveyMonkey, Inc.

     

Term Loan, 5.84%, (3 mo. USD LIBOR + 4.50%), Maturing April 13, 2024

      1,421       1,437,429  

Sutherland Global Services, Inc.

     

Term Loan, 6.71%, (3 mo. USD LIBOR + 5.38%), Maturing April 23, 2021

      846       813,077  

Switch Ltd.

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing June 27, 2024

      249       252,206  

Synchronoss Technologies, Inc.

     

Term Loan, 5.74%, (1 mo. USD LIBOR + 4.50%), Maturing
January 19, 2024

      771       771,487  

Syncsort Incorporated

     

Term Loan, 6.31%, (3 mo. USD LIBOR + 5.00%), Maturing
August 9, 2024

      1,475       1,456,194  

Tibco Software, Inc.

     

Term Loan, 4.75%, (1 mo. USD LIBOR + 3.50%), Maturing December 4, 2020

      499       502,083  

Uber Technologies

     

Term Loan, 5.24%, (1 mo. USD LIBOR + 4.00%), Maturing July 13, 2023

      4,186       4,220,487  

Veritas Bermuda Ltd.

     

Term Loan, 5.83%, (3 mo. USD LIBOR + 4.50%), Maturing
January 27, 2023

      2,194       2,208,755  
 

 

  12   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Portfolio of Investments — continued

 

 

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

Electronics / Electrical (continued)

 

VF Holding Corp.

     

Term Loan, 4.49%, (1 mo. USD LIBOR + 3.25%), Maturing
June 30, 2023

      2,774     $ 2,794,333  

Wall Street Systems Delaware, Inc.

     

Term Loan, 4.83%, (3 mo. USD LIBOR + 3.50%), Maturing August 26, 2023

      651       654,275  

Western Digital Corporation

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing
April 29, 2023

      1,955       1,969,379  
                         
      $ 78,038,000  
                         

Equipment Leasing — 0.8%

 

Avolon TLB Borrower 1 (Luxembourg) S.a.r.l.

     

Term Loan, 3.49%, (1 mo. USD LIBOR + 2.25%), Maturing September 20, 2020

      274     $ 276,160  

Term Loan, 3.49%, (1 mo. USD LIBOR + 2.25%), Maturing
April 3, 2022

      4,090       4,123,200  
                         
      $ 4,399,360  
                         

Financial Intermediaries — 5.0%

 

Americold Realty Operating Partnership L.P.

     

Term Loan, 4.99%, (1 mo. USD LIBOR + 3.75%), Maturing December 1, 2022

      409     $ 413,374  

Armor Holding II, LLC

     

Term Loan, 5.84%, (3 mo. USD LIBOR + 4.50%), Maturing
June 26, 2020

      1,941       1,962,575  

Term Loan - Second Lien, 10.34%, (3 mo. USD LIBOR + 9.00%), Maturing December 26, 2020

      1,525       1,530,719  

Citco Funding, LLC

     

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing March 31, 2022

      2,529       2,553,171  

Donnelley Financial Solutions, Inc.

     

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing September 29, 2023

      314       316,250  

FinCo I, LLC

     

Term Loan, 2.75%, (USD LIBOR + 2.75%), Maturing June 14, 2022

      1,150       1,166,651  

Focus Financial Partners, LLC

     

Term Loan, 4.57%, (3 mo. USD LIBOR + 3.25%), Maturing
July 3, 2024

      1,100       1,111,275  

Freedom Mortgage Corporation

     

Term Loan, 6.96%, (6 mo. USD LIBOR + 5.50%), Maturing February 23, 2022

      1,905       1,942,916  

Greenhill & Co., Inc.

     

Term Loan, 5.05%, (USD LIBOR + 3.75%), Maturing October 12, 2022(4)

      1,000       1,005,625  
Borrower/Tranche Description          Principal
Amount*
(000’s omitted)
    Value  

Financial Intermediaries (continued)

 

Guggenheim Partners, LLC

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing
July 21, 2023

      1,138     $ 1,146,936  

Harbourvest Partners, LLC

     

Term Loan, 3.86%, (3 mo. USD LIBOR + 2.50%), Maturing February 4, 2021

      571       571,449  

LPL Holdings, Inc.

     

Term Loan, 3.65%, (USD LIBOR + 2.25%), Maturing September 23, 2024(4)

      1,372       1,376,920  

MIP Delaware, LLC

     

Term Loan, 4.33%, (3 mo. USD LIBOR + 3.00%), Maturing
March 9, 2020

      198       198,512  

NXT Capital, Inc.

     

Term Loan, 5.75%, (1 mo. USD LIBOR + 4.50%), Maturing November 22, 2022

      2,581       2,620,217  

Ocwen Financial Corporation

     

Term Loan, 6.24%, (3 mo. USD LIBOR + 5.00%), Maturing December 5, 2020

      385       385,241  

Quality Care Properties, Inc.

     

Term Loan, 6.49%, (1 mo. USD LIBOR + 5.25%), Maturing October 31, 2022

      2,581       2,584,802  

Sesac Holdco II, LLC

     

Term Loan, 4.49%, (1 mo. USD LIBOR + 3.25%), Maturing February 23, 2024

      547       547,250  

Virtus Investment Partners, Inc.

     

Term Loan, 5.07%, (3 mo. USD LIBOR + 3.75%), Maturing June 1, 2024

      499       504,984  

Walker & Dunlop, Inc.

     

Term Loan, 5.49%, (1 mo. USD LIBOR + 4.25%), Maturing December 11, 2020

      2,106       2,131,106  

Walter Investment Management Corp.

     

Term Loan, 4.99%, (1 mo. USD LIBOR + 3.75%), Maturing December 18, 2020

      4,003       3,790,716  
                         
      $ 27,860,689  
                         

Food Products — 4.1%

 

Alphabet Holding Company, Inc.

     

Term Loan, 4.83%, (3 mo. USD LIBOR + 3.50%), Maturing September 26, 2024

      2,375     $ 2,327,129  

American Seafoods Group, LLC

     

Term Loan, 4.57%, (USD LIBOR + 3.25%), Maturing August 21,
2023(4)

      325       329,063  

Badger Buyer Corp.

     

Term Loan, 5.38%, (3 mo. USD LIBOR + 4.00%), Maturing September 26, 2024

      350       353,828  
 

 

  13   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Portfolio of Investments — continued

 

 

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

Food Products (continued)

 

Blue Buffalo Company Ltd.

     

Term Loan, 3.24%, (1 mo. USD LIBOR + 2.00%), Maturing May 27, 2024

      998     $ 1,006,852  

Del Monte Foods, Inc.

     

Term Loan, 4.57%, (3 mo. USD LIBOR + 3.25%), Maturing February 18, 2021

      1,170       1,005,984  

Term Loan - Second Lien, 8.69%, (6 mo. USD LIBOR + 7.25%), Maturing August 18, 2021

      1,500       855,000  

Dole Food Company, Inc.

     

Term Loan, 4.01%, (USD LIBOR + 2.75%), Maturing April 6, 2024(4)

      1,714       1,723,980  

Froneri International PLC

     

Term Loan, 3.00%, (1 mo. EURIBOR + 3.00%), Maturing September 29, 2023

    EUR       1,250       1,476,720  

High Liner Foods Incorporated

     

Term Loan, 4.58%, (3 mo. USD LIBOR + 3.25%), Maturing April 24, 2021

      759       762,919  

HLF Financing S.a.r.l.

     

Term Loan, 6.74%, (1 mo. USD LIBOR + 5.50%), Maturing February 15, 2023

      1,468       1,486,849  

Jacobs Douwe Egberts International B.V.

     

Term Loan, 2.75%, (3 mo. EURIBOR + 2.00%, Floor 0.75%), Maturing July 2, 2022

    EUR       346       407,789  

Term Loan, 3.56%, (3 mo. USD LIBOR + 2.25%), Maturing July 2, 2022

      1,882       1,895,736  

JBS USA, LLC

     

Term Loan, 3.74%, (1 mo. USD LIBOR + 2.50%), Maturing October 30, 2022

      6,269       6,178,390  

Nomad Foods Europe Midco Limited

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing May 15, 2024

      600       604,875  

Pinnacle Foods Finance, LLC

     

Term Loan, 3.23%, (1 mo. USD LIBOR + 2.00%), Maturing February 2, 2024

      794       798,814  

Post Holdings, Inc.

     

Term Loan, 3.49%, (1 mo. USD LIBOR + 2.25%), Maturing May 24, 2024

      1,646       1,655,031  
                         
      $ 22,868,959  
                         

Food Service — 2.7%

 

1011778 B.C. Unlimited Liability Company

     

Term Loan, 3.53%, (USD LIBOR + 2.25%), Maturing February 16, 2024(4)

      5,475     $ 5,482,634  

Centerplate, Inc.

     

Term Loan, 5.05%, (USD LIBOR + 3.75%), Maturing November 26, 2019(4)

      928       928,089  
Borrower/Tranche Description          Principal
Amount*
(000’s omitted)
    Value  

Food Service (continued)

 

NPC International, Inc.

     

Term Loan, 4.74%, (1 mo. USD LIBOR + 3.50%), Maturing April 19, 2024

      873     $ 879,359  

Pizza Hut Holdings, LLC

     

Term Loan, 3.24%, (1 mo. USD LIBOR + 2.00%), Maturing June 16, 2023

      965       971,825  

Seminole Hard Rock Entertainment, Inc.

     

Term Loan, 4.08%, (3 mo. USD LIBOR + 2.75%), Maturing May 14, 2020

      263       264,903  

TKC Holdings, Inc.

     

Term Loan, 5.52%, (2 mo. USD LIBOR + 4.25%), Maturing February 1, 2023

      1,020       1,030,552  

Weight Watchers International, Inc.

     

Term Loan, 4.55%, (USD LIBOR + 3.25%), Maturing April 2, 2020(4)

      4,125       4,095,177  

Welbilt, Inc.

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing March 3, 2023

      1,417       1,429,507  
                         
      $ 15,082,046  
                         

Food / Drug Retailers — 1.9%

 

Albertsons, LLC

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing August 25, 2021

      1,229     $ 1,194,720  

Term Loan, 4.33%, (3 mo. USD LIBOR + 3.00%), Maturing December 21, 2022

      1,489       1,445,178  

Term Loan, 4.32%, (3 mo. USD LIBOR + 3.00%), Maturing June 22, 2023

      3,728       3,619,759  

Holland & Barrett International

     

Term Loan, 5.58%, (3 mo. GBP LIBOR + 5.25%), Maturing August 4, 2024

    GBP       400       519,860  

Term Loan, 4.25%, (3 mo. EURIBOR + 4.25%), Maturing August 9, 2024

    EUR       400       456,912  

Rite Aid Corporation

     

Term Loan - Second Lien, 6.00%, (1 mo. USD LIBOR + 4.75%), Maturing August 21, 2020

      1,450       1,468,125  

Term Loan - Second Lien, 5.13%, (1 mo. USD LIBOR + 3.88%), Maturing June 21, 2021

      1,500       1,508,749  

Supervalu, Inc.

     

Term Loan, 4.74%, (1 mo. USD LIBOR + 3.50%), Maturing June 8, 2024

      233       226,557  

Term Loan, 4.74%, (1 mo. USD LIBOR + 3.50%), Maturing June 8, 2024

      389       377,595  
                         
      $ 10,817,455  
                         
 

 

  14   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Portfolio of Investments — continued

 

 

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

Forest Products — 0.2%

 

Expera Specialty Solutions, LLC

 

Term Loan, 5.49%, (1 mo. USD LIBOR + 4.25%), Maturing November 3, 2023

      1,040     $ 1,047,296  
                         
      $ 1,047,296  
                         

Health Care — 14.1%

 

Acadia Healthcare Company, Inc.

 

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing February 11, 2022

      243     $ 245,100  

ADMI Corp.

 

Term Loan, 5.11%, (3 mo. USD LIBOR + 3.75%), Maturing
April 30, 2022

      318       320,997  

Akorn, Inc.

 

Term Loan, 5.50%, (1 mo. USD LIBOR + 4.25%), Maturing
April 16, 2021

      836       843,745  

Alliance Healthcare Services, Inc.

 

Term Loan, Maturing October 24, 2023(5)

      800       803,000  

Term Loan - Second Lien, Maturing October 3, 2024(5)

      475       467,875  

Ardent Legacy Acquisitions, Inc.

 

Term Loan, 6.83%, (3 mo. USD LIBOR + 5.50%), Maturing
August 4, 2021

      1,012       1,017,235  

Auris Luxembourg III S.a.r.l.

 

Term Loan, 4.33%, (3 mo. USD LIBOR + 3.00%), Maturing January 17, 2022

      756       764,642  

Beaver-Visitec International, Inc.

 

Term Loan, 6.33%, (3 mo. USD LIBOR + 5.00%), Maturing
August 21, 2023

      792       792,000  

BioClinica, Inc.

 

Term Loan, 5.63%, (3 mo. USD LIBOR + 4.25%), Maturing October 20, 2023

      1,466       1,442,717  

CareCore National, LLC

 

Term Loan, 5.24%, (1 mo. USD LIBOR + 4.00%), Maturing
March 5, 2021

      3,338       3,346,032  

Carestream Dental Equiment, Inc.

 

Term Loan, 4.58%, (3 mo. USD LIBOR + 3.25%), Maturing September 1, 2024

      1,375       1,379,082  

CeramTec Acquisition Corporation

 

Term Loan, 4.07%, (3 mo. USD LIBOR + 2.75%), Maturing
August 30, 2020

      32       32,125  

Certara L.P.

 

Term Loan, 5.32%, (3 mo. USD LIBOR + 4.00%), Maturing
August 3, 2024

      1,000       1,007,500  

CHG Healthcare Services, Inc.

 

Term Loan, 4.63%, (USD LIBOR + 3.25%), Maturing June 7, 2023(4)

      2,143       2,167,751  
Borrower/Tranche Description          Principal
Amount*
(000’s omitted)
    Value  

Health Care (continued)

 

Community Health Systems, Inc.

 

Term Loan, 4.07%, (3 mo. USD LIBOR + 2.75%), Maturing December 31, 2019

      1,907     $ 1,877,029  

Term Loan, 4.32%, (3 mo. USD LIBOR + 3.00%), Maturing
January 27, 2021

      2,042       1,980,471  

Concentra, Inc.

 

Term Loan, 4.32%, (3 mo. USD LIBOR + 3.00%), Maturing June 1, 2022

      477       477,163  

Convatec, Inc.

 

Term Loan, 3.58%, (3 mo. USD LIBOR + 2.25%), Maturing
October 31, 2023

      572       574,986  

CPI Holdco, LLC

 

Term Loan, 5.34%, (3 mo. USD LIBOR + 4.00%), Maturing
March 21, 2024

      672       680,021  

DaVita HealthCare Partners, Inc.

 

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing June 24, 2021

      3,120       3,150,544  

DJO Finance, LLC

 

Term Loan, 4.54%, (USD LIBOR + 3.25%), Maturing June 8, 2020(4)

      2,102       2,106,091  

Envision Healthcare Corporation

 

Term Loan, 4.25%, (1 mo. USD LIBOR + 3.00%), Maturing December 1, 2023

      7,049       7,090,418  

Equian, LLC

 

Term Loan, 5.07%, (3 mo. USD LIBOR + 3.75%), Maturing May 20, 2024

      305       308,741  

Term Loan, 5.08%, (3 mo. USD LIBOR + 3.75%), Maturing May 20, 2024

      94       94,997  

Faenza Acquisition GmbH

 

Term Loan, 4.07%, (3 mo. USD LIBOR + 2.75%), Maturing
August 30, 2020

      78       78,437  

Term Loan, 4.07%, (3 mo. USD LIBOR + 2.75%), Maturing
August 30, 2020

      258       258,627  

Genoa, a QoL Healthcare Company, LLC

 

Term Loan, 4.49%, (1 mo. USD LIBOR + 3.25%), Maturing
October 28, 2023

      2,079       2,097,555  

GHX Ultimate Parent Corporation

 

Term Loan, 4.58%, (3 mo. USD LIBOR + 3.25%), Maturing June 28, 2024

      648       654,859  

Greatbatch Ltd.

 

Term Loan, 4.74%, (1 mo. USD LIBOR + 3.50%), Maturing
October 27, 2022

      2,265       2,271,271  

Grifols Worldwide Operations USA, Inc.

 

Term Loan, 3.45%, (1 week USD LIBOR + 2.25%), Maturing
January 31, 2025

      3,383       3,398,761  

INC Research, LLC

 

Term Loan, 3.49%, (1 mo. USD LIBOR + 2.25%), Maturing
August 1, 2024

      468       470,549  
 

 

  15   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Portfolio of Investments — continued

 

 

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

Health Care (continued)

 

Indivior Finance S.a.r.l.

     

Term Loan, 7.39%, (3 mo. USD LIBOR + 6.00%), Maturing December 19, 2019

      782     $ 791,615  

Kindred Healthcare, Inc.

     

Term Loan, 4.88%, (3 mo. USD LIBOR + 3.50%), Maturing April 9, 2021

      1,451       1,458,223  

Kinetic Concepts, Inc.

     

Term Loan, 4.58%, (3 mo. USD LIBOR + 3.25%), Maturing February 2, 2024

      2,668       2,668,868  

KUEHG Corp.

     

Term Loan, 5.08%, (3 mo. USD LIBOR + 3.75%), Maturing
August 13, 2022

      2,663       2,674,650  

Term Loan - Second Lien, 9.58%, (3 mo. USD LIBOR + 8.25%), Maturing August 18, 2025

      400       401,000  

Medical Depot Holdings, Inc.

     

Term Loan, 6.83%, (3 mo. USD LIBOR + 5.50%), Maturing January 3, 2023

      711       651,364  

Medical Solutions, LLC

     

Term Loan, 5.58%, (3 mo. USD LIBOR + 4.25%), Maturing
June 9, 2024

      449       453,925  

MMM Holdings, Inc.

     

Term Loan, 10.25%, (3 mo. USD LIBOR + 8.75%, Floor 1.50%), Maturing June 30, 2019

      412       403,386  

MPH Acquisition Holdings, LLC

     

Term Loan, 4.33%, (3 mo. USD LIBOR + 3.00%), Maturing
June 7, 2023

      3,608       3,639,602  

MSO of Puerto Rico, Inc.

     

Term Loan, 10.25%, (3 mo. USD LIBOR + 8.75%, Floor 1.50%), Maturing June 30, 2019

      299       293,260  

National Mentor Holdings, Inc.

     

Term Loan, 4.33%, (3 mo. USD LIBOR + 3.00%), Maturing January 31, 2021

      1,000       1,010,389  

Navicure, Inc.

     

Term Loan, Maturing October 3, 2024(5)

      625       626,562  

New Millennium Holdco, Inc.

     

Term Loan, 7.74%, (1 mo. USD LIBOR + 6.50%), Maturing December 21, 2020

      497       247,803  

Opal Acquisition, Inc.

     

Term Loan, 5.33%, (3 mo. USD LIBOR + 4.00%), Maturing November 27, 2020

      3,010       2,908,547  

Ortho-Clinical Diagnostics S.A.

     

Term Loan, 5.08%, (3 mo. USD LIBOR + 3.75%), Maturing
June 30, 2021

      3,321       3,337,587  

Parexel International Corporation

     

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing September 27, 2024

      2,600       2,628,600  
Borrower/Tranche Description          Principal
Amount*
(000’s omitted)
    Value  

Health Care (continued)

 

PharMerica Corporation

     

Term Loan, Maturing September 26, 2024(5)

      775     $ 780,328  

Term Loan - Second Lien, Maturing September 26, 2025(5)

      400       402,500  

Press Ganey Holdings, Inc.

     

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing October 23, 2023

      744       749,958  

Quintiles IMS Incorporated

     

Term Loan, 3.33%, (3 mo. USD LIBOR + 2.00%), Maturing
March 7, 2024

      1,098       1,107,177  

Term Loan, 3.32%, (3 mo. USD LIBOR + 2.00%), Maturing January 31, 2025

      925       931,745  

RadNet, Inc.

     

Term Loan, 5.14%, (3 mo. USD LIBOR + 3.75%), Maturing
June 30, 2023

      1,551       1,562,786  

Select Medical Corporation

     

Term Loan, 4.85%, (USD LIBOR + 3.50%), Maturing March 1, 2021(4)

      1,617       1,636,318  

Sterigenics-Nordion Holdings, LLC

     

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing
May 15, 2022

      686       688,625  

Surgery Center Holdings, Inc.

     

Term Loan, 4.50%, (1 mo. USD LIBOR + 3.25%), Maturing September 2, 2024

      1,000       994,750  

Team Health Holdings, Inc.

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing February 6, 2024

      2,015       1,998,085  

Tecomet, Inc.

     

Term Loan, 5.06%, (3 mo. USD LIBOR + 3.75%), Maturing May 2, 2024

      773       775,961  

U.S. Anesthesia Partners, Inc.

     

Term Loan, 4.49%, (1 mo. USD LIBOR + 3.25%), Maturing
June 23, 2024

      973       976,210  
                         
      $ 79,000,145  
                         

Home Furnishings — 1.0%

 

Bright Bidco B.V.

     

Term Loan, 5.82%, (USD LIBOR + 4.50%), Maturing June 30, 2024(4)

      1,372     $ 1,388,707  

Serta Simmons Bedding, LLC

     

Term Loan, 4.83%, (3 mo. USD LIBOR + 3.50%), Maturing November 8, 2023

      4,417       4,368,780  
                         
      $ 5,757,487  
                         
 

 

  16   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Portfolio of Investments — continued

 

 

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

Industrial Equipment — 5.7%

 

Apex Tool Group, LLC

     

Term Loan, 4.50%, (1 mo. USD LIBOR + 3.25%), Maturing January 31, 2020

      2,432     $ 2,414,258  

Clark Equipment Company

     

Term Loan, 4.08%, (3 mo. USD LIBOR + 2.75%), Maturing May 18, 2024

      2,214       2,232,786  

Coherent Holding GmbH

     

Term Loan, 3.00%, (3 mo. EURIBOR + 2.25%, Floor 0.75%), Maturing November 7, 2023

    EUR       919       1,083,391  

Delachaux S.A.

     

Term Loan, 4.83%, (3 mo. USD LIBOR + 3.50%), Maturing October 28, 2021

      411       415,451  

Dragon Merger Sub, LLC

     

Term Loan, 5.36%, (3 mo. USD LIBOR + 4.00%), Maturing July 24, 2024

      850       860,094  

DXP Enterprises, Inc.

     

Term Loan, 6.74%, (1 mo. USD LIBOR + 5.50%), Maturing August 14, 2023

      500       503,750  

Engineered Machinery Holdings, Inc.

     

Term Loan, 4.28%, (3 mo. USD LIBOR + 3.25%), Maturing July 19, 2024(2)

      29       28,815  

Term Loan, 4.56%, (3 mo. USD LIBOR + 3.25%), Maturing July 19, 2024

      221       221,654  

EWT Holdings III Corp.

     

Term Loan, 5.08%, (3 mo. USD LIBOR + 3.75%), Maturing January 15, 2021

      1,671       1,687,218  

Filtration Group Corporation

     

Term Loan, 4.38%, (3 mo. USD LIBOR + 3.00%), Maturing November 21, 2020

      595       600,143  

Gardner Denver, Inc.

     

Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing July 30, 2024

    EUR       385       448,988  

Term Loan, 4.08%, (3 mo. USD LIBOR + 2.75%), Maturing July 30, 2024

      1,300       1,306,232  

Gates Global, LLC

     

Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), Maturing April 1, 2024

    EUR       871       1,023,258  

Term Loan, 4.58%, (3 mo. USD LIBOR + 3.25%), Maturing April 1, 2024

      4,228       4,257,388  

Hayward Industries, Inc.

     

Term Loan, 4.74%, (1 mo. USD LIBOR + 3.50%), Maturing August 5, 2024

      450       454,688  

Husky Injection Molding Systems Ltd.

     

Term Loan, 4.49%, (1 mo. USD LIBOR + 3.25%), Maturing June 30, 2021

      2,641       2,664,577  

Milacron, LLC

     

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing September 28, 2023

      2,779       2,797,528  
Borrower/Tranche Description          Principal
Amount*
(000’s omitted)
    Value  

Industrial Equipment (continued)

 

Paladin Brands Holding, Inc.

     

Term Loan, 6.83%, (3 mo. USD LIBOR + 5.50%), Maturing August 15, 2022

      975     $ 982,312  

Paternoster Holding IV GmbH

     

Term Loan, 6.00%, (3 mo. EURIBOR + 5.00%, Floor 1.00%), Maturing March 31, 2022

    EUR       900       1,064,909  

Rexnord, LLC

     

Term Loan, 4.09%, (USD LIBOR + 2.75%), Maturing August 21, 2023(4)

      3,781       3,808,764  

Robertshaw US Holding Corp.

     

Term Loan, 5.75%, (1 mo. USD LIBOR + 4.50%), Maturing August 10, 2024

      450       455,203  

Signode Industrial Group US, Inc.

     

Term Loan, 4.04%, (USD LIBOR + 2.75%), Maturing May 4, 2021(4)

      906       915,090  

STS Operating, Inc.

     

Term Loan, 4.99%, (1 mo. USD LIBOR + 3.75%), Maturing February 12, 2021

      280       282,750  

Tank Holding Corp.

     

Term Loan, 5.54%, (USD LIBOR + 4.25%), Maturing March 16, 2022(4)

      1,054       1,058,104  

Thermon Industries, Inc.

     

Term Loan, Maturing
October 24, 2024(5)

      375       376,875  
                         
      $ 31,944,226  
                         

Insurance — 4.0%

 

Alliant Holdings I, Inc.

     

Term Loan, 4.49%, (1 mo. USD LIBOR + 3.25%), Maturing August 12, 2022

      2,351     $ 2,370,102  

AmWINS Group, Inc.

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing January 25, 2024

      2,159       2,168,581  

Asurion, LLC

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing August 4, 2022

      4,855       4,895,812  

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing November 3, 2023

      2,159       2,178,883  

Term Loan - Second Lien, 7.24%, (1 mo. USD LIBOR + 6.00%), Maturing August 4, 2025

      1,575       1,627,418  

Cunningham Lindsey U.S., Inc.

     

Term Loan, 5.08%, (3 mo. USD LIBOR + 3.75%), Maturing December 10, 2019

      740       729,658  

Term Loan - Second Lien, 9.33%, (3 mo. USD LIBOR + 8.00%), Maturing June 10, 2020

      1,000       910,000  

Hub International Limited

     

Term Loan, 4.31%, (3 mo. USD LIBOR + 3.00%), Maturing October 2, 2020

      3,784       3,818,175  
 

 

  17   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Portfolio of Investments — continued

 

 

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

Insurance (continued)

 

NFP Corp.

     

Term Loan, 4.74%, (1 mo. USD LIBOR + 3.50%), Maturing January 8,
2024

      970     $ 980,655  

USI Holdings Corporation

     

Term Loan, Maturing July 26,
2024(5)

      575       574,641  

USI, Inc.

     

Term Loan, 4.31%, (3 mo. USD LIBOR + 3.00%), Maturing
May 16, 2024

      2,250       2,255,344  
                         
      $ 22,509,269  
                         

Leisure Goods / Activities / Movies — 5.3%

 

AMC Entertainment, Inc.

     

Term Loan, 3.49%, (1 mo. USD LIBOR + 2.25%), Maturing December 15, 2022

      2,132     $ 2,135,686  

Term Loan, 3.49%, (1 mo. USD LIBOR + 2.25%), Maturing December 15, 2023

      546       545,250  

Ancestry.com Operations, Inc.

     

Term Loan, 4.49%, (1 mo. USD LIBOR + 3.25%), Maturing October 19, 2023

      2,129       2,150,117  

Bombardier Recreational Products, Inc.

     

Term Loan, 3.74%, (1 mo. USD LIBOR + 2.50%), Maturing
June 30, 2023

      4,356       4,383,225  

Bright Horizons Family Solutions, Inc.

     

Term Loan, 3.49%, (1 mo. USD LIBOR + 2.25%), Maturing November 7, 2023

      1,409       1,420,325  

CDS U.S. Intermediate Holdings, Inc.

     

Term Loan, 5.08%, (3 mo. USD LIBOR + 3.75%), Maturing
July 8, 2022

      1,215       1,223,880  

ClubCorp Club Operations, Inc.

     

Term Loan, 4.59%, (3 mo. USD LIBOR + 3.25%), Maturing August 15, 2024

      1,775       1,780,824  

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

     

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing February 1, 2024

      1,750       1,763,855  

Emerald Expositions Holding, Inc.

     

Term Loan, 4.33%, (3 mo. USD LIBOR + 3.00%), Maturing
May 22, 2024

      1,147       1,157,521  

Lindblad Expeditions, Inc.

     

Term Loan, 5.95%, (6 mo. USD LIBOR + 4.50%), Maturing May 8, 2021

      196       197,277  

Term Loan, 5.95%, (6 mo. USD LIBOR + 4.50%), Maturing
May 8, 2021

      1,518       1,528,899  

Live Nation Entertainment, Inc.

     

Term Loan, 3.50%, (1 mo. USD LIBOR + 2.25%), Maturing October 31, 2023

      2,470       2,483,594  
Borrower/Tranche Description          Principal
Amount*
(000’s omitted)
    Value  

Leisure Goods / Activities / Movies (continued)

 

Match Group, Inc.

     

Term Loan, 3.81%, (3 mo. USD LIBOR + 2.50%), Maturing November 16, 2022

      503     $ 508,156  

Sabre GLBL, Inc.

     

Term Loan, 3.49%, (1 mo. USD LIBOR + 2.25%), Maturing February 22, 2024

      953       959,075  

SeaWorld Parks & Entertainment, Inc.

     

Term Loan, 4.33%, (3 mo. USD LIBOR + 3.00%), Maturing
March 31, 2024

      1,711       1,687,820  

SRAM, LLC

     

Term Loan, 4.53%, (2 mo. USD LIBOR + 3.25%), Maturing
March 15, 2024

      1,894       1,901,278  

Steinway Musical Instruments, Inc.

     

Term Loan, 5.13%, (1 mo. USD LIBOR + 3.75%), Maturing September 19, 2019

      1,966       1,922,240  

UFC Holdings, LLC

     

Term Loan, 4.49%, (1 mo. USD LIBOR + 3.25%), Maturing
August 18, 2023

      1,411       1,424,086  

WMG Acquisition Corp.

     

Term Loan, 3.74%, (1 mo. USD LIBOR + 2.50%), Maturing November 1, 2023

      788       792,620  
                         
      $ 29,965,728  
                         

Lodging and Casinos — 4.5%

 

Amaya Holdings B.V.

     

Term Loan, 4.83%, (3 mo. USD LIBOR + 3.50%), Maturing
August 1, 2021

      4,271     $ 4,304,575  

Term Loan - Second Lien, 8.33%, (3 mo. USD LIBOR + 7.00%), Maturing August 1, 2022

      903       912,382  

Aristocrat Leisure Limited

     

Term Loan, 3.36%, (3 mo. USD LIBOR + 2.00%), Maturing September 19, 2024

      500       502,500  

Boyd Gaming Corporation

     

Term Loan, 3.70%, (1 week USD LIBOR + 2.50%), Maturing September 15, 2023

      997       1,002,933  

CityCenter Holdings, LLC

     

Term Loan, 3.74%, (1 mo. USD LIBOR + 2.50%), Maturing
April 18, 2024

      1,970       1,980,683  

Cyan Blue Holdco 3 Limited

     

Term Loan, 4.83%, (3 mo. USD LIBOR + 3.50%), Maturing
July 26, 2024

      274       277,056  

Eldorado Resorts, LLC

     

Term Loan, 3.50%, (USD LIBOR + 2.25%), Maturing April 17, 2024(4)

      829       832,001  

ESH Hospitality, Inc.

     

Term Loan, 3.74%, (1 mo. USD LIBOR + 2.50%), Maturing
August 30, 2023

      1,287       1,296,856  
 

 

  18   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Portfolio of Investments — continued

 

 

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

Lodging and Casinos (continued)

 

Four Seasons Hotels Limited

     

Term Loan, 3.74%, (1 mo. USD LIBOR + 2.50%), Maturing November 30, 2023

      918     $ 925,379  

Gateway Casinos & Entertainment Limited

     

Term Loan, 5.08%, (3 mo. USD LIBOR + 3.75%), Maturing February 22, 2023

      399       404,403  

Golden Nugget, Inc.

     

Term Loan, 4.53%, (USD LIBOR + 3.25%), Maturing October 4, 2023(4)

      4,304       4,351,265  

Hilton Worldwide Finance, LLC

     

Term Loan, 3.24%, (1 mo. USD LIBOR + 2.00%), Maturing October 25, 2023

      4,226       4,255,721  

La Quinta Intermediate Holdings, LLC

     

Term Loan, 4.11%, (3 mo. USD LIBOR + 2.75%), Maturing
April 14, 2021

      764       770,042  

MGM Growth Properties Operating Partnership L.P.

     

Term Loan, 3.49%, (1 mo. USD LIBOR + 2.25%), Maturing
April 25, 2023

      1,896       1,907,976  

Playa Resorts Holding B.V.

     

Term Loan, 4.37%, (USD LIBOR + 3.00%), Maturing April 5, 2024(4)

      1,047       1,050,430  

Tropicana Entertainment, Inc.

     

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing November 27, 2020

      204       205,405  
                         
      $ 24,979,607  
                         

Nonferrous Metals / Minerals — 2.1%

 

Dynacast International, LLC

     

Term Loan, 4.58%, (3 mo. USD LIBOR + 3.25%), Maturing January 28, 2022

      1,206     $ 1,221,133  

Fairmount Santrol, Inc.

     

Term Loan, 6.75%, (3 mo. USD Prime + 2.50%), Maturing September 5, 2019

      2,767       2,765,355  

Term Loan, Maturing October 12, 2024(5)

      1,750       1,754,923  

Global Brass & Copper, Inc.

     

Term Loan, 4.50%, (1 mo. USD LIBOR + 3.25%), Maturing
July 18, 2023

      817       827,980  

Murray Energy Corporation

     

Term Loan, 8.58%, (3 mo. USD LIBOR + 7.25%), Maturing
April 16, 2020

      1,903       1,707,748  

New Day Aluminum, LLC

     

Term Loan, 10.00%, (4.00% Cash, 6.00% PIK), Maturing
October 28, 2020(3)(8)

      60       35,899  

Noranda Aluminum Acquisition Corporation

     

Term Loan, 0.00%, Maturing February 28, 2019(3)(7)

      995       158,443  
Borrower/Tranche Description          Principal
Amount*
(000’s omitted)
    Value  

Nonferrous Metals / Minerals (continued)

 

Oxbow Carbon, LLC

 

Term Loan, 4.74%, (1 mo. USD LIBOR + 3.50%), Maturing January 19, 2020

      658     $ 667,174  

Term Loan - Second Lien, 8.24%, (1 mo. USD LIBOR + 7.00%), Maturing January 17, 2020

      2,125       2,134,297  

United Central Industrial Supply Company, LLC

 

Term Loan - Second Lien, 15.00%, (0.00% Cash, 15.00% PIK), Maturing April 9, 2019(3)(8)

      618       389,937  
                         
      $ 11,662,889  
                         

Oil and Gas — 4.3%

 

Ameriforge Group, Inc.

     

Term Loan, 14.33%, (9.33% (3mo. USD LIBOR + 8.00%) Cash, 5.00% PIK), Maturing June 8, 2022

      730     $ 774,139  

Aquilex Holdings, LLC

     

Term Loan, 5.49%, (1 mo. USD LIBOR + 4.25%), Maturing October 3, 2024

      700       706,125  

Term Loan - Second Lien, 9.74%, (3 mo. USD LIBOR + 8.50%), Maturing October 3, 2025

      375       370,312  

BCP Raptor, LLC

     

Term Loan, 5.52%, (2 mo. USD LIBOR + 4.25%), Maturing
June 24, 2024

      698       707,197  

Bronco Midstream Funding, LLC

     

Term Loan, 5.32%, (3 mo. USD LIBOR + 4.00%), Maturing
August 15, 2020

      1,618       1,635,246  

CITGO Holding, Inc.

     

Term Loan, 9.84%, (3 mo. USD LIBOR + 8.50%), Maturing
May 12, 2018

      677       685,607  

CITGO Petroleum Corporation

     

Term Loan, 4.84%, (3 mo. USD LIBOR + 3.50%), Maturing
July 29, 2021

      946       951,267  

Crestwood Holdings, LLC

     

Term Loan, 9.24%, (1 mo. USD LIBOR + 8.00%), Maturing
June 19, 2019

      1,652       1,659,192  

Fieldwood Energy, LLC

     

Term Loan, 4.21%, (3 mo. USD LIBOR + 2.88%), Maturing September 28, 2018

      1,027       987,203  

Term Loan, 8.33%, (3 mo. USD LIBOR + 7.00%), Maturing
August 31, 2020

      1,350       1,222,875  

Term Loan, 8.46%, (3 mo. USD LIBOR + 7.13%), Maturing September 30, 2020

      727       517,010  

Term Loan - Second Lien, 8.46%, (3 mo. USD LIBOR + 7.13%), Maturing September 30, 2020

      973       371,399  

Green Plains Renewable Energy, Inc.

     

Term Loan, 6.74%, (1 mo. USD LIBOR + 5.50%), Maturing
August 18, 2023

      1,000       1,007,500  
 

 

  19   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Portfolio of Investments — continued

 

 

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

Oil and Gas (continued)

 

MEG Energy Corp.

     

Term Loan, 4.83%, (3 mo. USD LIBOR + 3.50%), Maturing December 31, 2023

      6,812     $ 6,845,107  

Paragon Offshore Finance Company

     

Term Loan, 0.00%, Maturing July 18, 2021(3)(7)

      7       0  

Term Loan, 7.35%, (3 mo. USD LIBOR + 6.00% (1.00% Cash, 6.35% PIK)), Maturing July 18, 2022

      53       43,532  

Seadrill Partners Finco, LLC

     

Term Loan, 4.33%, (3 mo. USD LIBOR + 3.00%), Maturing February 21, 2021

      2,384       1,822,506  

Sheridan Investment Partners II L.P.

     

Term Loan, 4.82%, (3 mo. USD LIBOR + 3.50%), Maturing December 16, 2020

      35       29,401  

Term Loan, 4.82%, (3 mo. USD LIBOR + 3.50%), Maturing December 16, 2020

      93       78,834  

Term Loan, 4.82%, (3 mo. USD LIBOR + 3.50%), Maturing December 16, 2020

      667       566,718  

Sheridan Production Partners I, LLC

     

Term Loan, 4.82%, (3 mo. USD LIBOR + 3.50%), Maturing October 1, 2019

      114       96,122  

Term Loan, 4.82%, (3 mo. USD LIBOR + 3.50%), Maturing October 1, 2019

      186       157,369  

Term Loan, 4.82%, (3 mo. USD LIBOR + 3.50%), Maturing October 1, 2019

      1,402       1,187,617  

Southcross Holdings Borrower L.P.

     

Term Loan, 9.00%, (3.50% Cash, 5.50% PIK), Maturing April 13, 2023(8)

      57       49,292  

Ultra Resources, Inc.

     

Term Loan, 4.31%, (USD LIBOR + 3.00%), Maturing April 12,
2024(4)

      1,450       1,454,230  
                         
      $ 23,925,800  
                         

Publishing — 2.0%

 

Ascend Learning, LLC

     

Term Loan, 4.49%, (1 mo. USD LIBOR + 3.25%), Maturing
July 12, 2024

      1,100     $ 1,108,364  

Getty Images, Inc.

     

Term Loan, 4.83%, (3 mo. USD LIBOR + 3.50%), Maturing October 18, 2019

      5,273       4,627,445  

Harland Clarke Holdings Corp.

     

Term Loan, 6.83%, (3 mo. USD LIBOR + 5.50%), Maturing February 9, 2022

      395       396,238  

LSC Communications, Inc.

     

Term Loan, 7.20%, (1 week USD LIBOR + 6.00%), Maturing September 30, 2022

      1,042       1,052,083  
Borrower/Tranche Description          Principal
Amount*
(000’s omitted)
    Value  

Publishing (continued)

 

Merrill Communications, LLC

     

Term Loan, 6.63%, (3 mo. USD LIBOR + 5.25%), Maturing June 1, 2022

      560     $ 563,850  

ProQuest, LLC

     

Term Loan, 4.99%, (1 mo. USD LIBOR + 3.75%), Maturing October 24, 2021

      1,634       1,651,232  

Springer Science+Business Media Deutschland GmbH

     

Term Loan, 4.74%, (1 mo. USD LIBOR + 3.50%), Maturing
August 14, 2020

      1,267       1,272,569  

Tweddle Group, Inc.

     

Term Loan, 7.38%, (3 mo. USD LIBOR + 6.00%), Maturing October 24, 2022

      770       775,775  
                         
      $ 11,447,556  
                         

Radio and Television — 4.4%

 

ALM Media Holdings, Inc.

     

Term Loan, 5.83%, (3 mo. USD LIBOR + 4.50%), Maturing
July 31, 2020

      393     $ 357,744  

AP NMT Acquisition B.V.

     

Term Loan, 7.09%, (3 mo. USD LIBOR + 5.75%), Maturing
August 13, 2021

      1,926       1,861,906  

CBS Radio, Inc.

     

Term Loan, 4.74%, (1 mo. USD LIBOR + 3.50%), Maturing October 17, 2023

      1,190       1,200,848  

Term Loan, Maturing October 17, 2023(5)

      475       478,919  

Cumulus Media Holdings, Inc.

     

Term Loan, 4.50%, (1 mo. USD LIBOR + 3.25%), Maturing December 23, 2020

      3,950       3,451,508  

E.W. Scripps Company (The)

     

Term Loan, 3.49%, (3 mo. USD LIBOR + 2.25%), Maturing
August 16, 2024

      375       378,047  

Entercom Radio, LLC

     

Term Loan, 4.73%, (1 mo. USD LIBOR + 3.50%), Maturing November 1, 2023

      954       958,341  

Gray Television, Inc.

     

Term Loan, 3.74%, (1 mo. USD LIBOR + 2.50%), Maturing February 7, 2024

      223       225,306  

Hubbard Radio, LLC

     

Term Loan, 4.50%, (1 mo. USD LIBOR + 3.25%), Maturing
May 27, 2022

      513       514,617  

iHeartCommunications, Inc.

     

Term Loan, 8.08%, (3 mo. USD LIBOR + 6.75%), Maturing January 30, 2019

      2,132       1,602,856  

Term Loan, 8.83%, (3 mo. USD LIBOR + 7.50%), Maturing
July 30, 2019

      364       275,055  
 

 

  20   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Portfolio of Investments — continued

 

 

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

Radio and Television (continued)

 

Mission Broadcasting, Inc.

     

Term Loan, 3.74%, (1 mo. USD LIBOR + 2.50%), Maturing January 17, 2024

      313     $ 314,719  

Nexstar Broadcasting, Inc.

     

Term Loan, 3.74%, (1 mo. USD LIBOR + 2.50%), Maturing January 17, 2024

      2,490       2,506,639  

Radio Systems Corporation

     

Term Loan, 4.74%, (1 mo. USD LIBOR + 3.50%), Maturing
May 2, 2024

      424       427,117  

Raycom TV Broadcasting, LLC

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing August 23, 2024

      1,075       1,083,062  

Sinclair Television Group, Inc.

     

Term Loan, 3.50%, (1 mo. USD LIBOR + 2.25%), Maturing January 3, 2024

      478       479,463  

Univision Communications, Inc.

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing March 15, 2024

      8,676       8,645,588  
                         
      $ 24,761,735  
                         

Retailers (Except Food and Drug) — 6.2%

 

Ascena Retail Group, Inc.

     

Term Loan, 5.75%, (1 mo. USD LIBOR + 4.50%), Maturing August 21, 2022

      2,161     $ 1,885,071  

Bass Pro Group, LLC

     

Term Loan, 6.24%, (1 mo. USD LIBOR + 5.00%), Maturing September 25, 2024

      1,300       1,266,688  

BJ’s Wholesale Club, Inc.

     

Term Loan, 4.99%, (1 mo. USD LIBOR + 3.75%), Maturing February 3, 2024

      970       948,077  

CDW, LLC

     

Term Loan, 3.34%, (3 mo. USD LIBOR + 2.00%), Maturing August 17, 2023

      4,754       4,790,197  

Coinamatic Canada, Inc.

     

Term Loan, 4.49%, (1 mo. USD LIBOR + 3.25%), Maturing
May 14, 2022

      44       43,799  

David’s Bridal, Inc.

     

Term Loan, 5.34%, (3 mo. USD LIBOR + 4.00%), Maturing October 11, 2019

      2,012       1,665,786  

Evergreen Acqco 1 L.P.

     

Term Loan, 5.11%, (3 mo. USD LIBOR + 3.75%), Maturing
July 9, 2019

      2,120       1,950,571  

Global Appliance, Inc.

     

Term Loan, 5.34%, (3 mo. USD LIBOR + 4.00%), Maturing September 29, 2024

      950       952,079  
Borrower/Tranche Description          Principal
Amount*
(000’s omitted)
    Value  

Retailers (Except Food and Drug) (continued)

 

Harbor Freight Tools USA, Inc.

     

Term Loan, 4.49%, (1 mo. USD LIBOR + 3.25%), Maturing
August 18, 2023

      1,493     $ 1,502,771  

J. Crew Group, Inc.

     

Term Loan, 4.29%, (USD LIBOR + 3.00%), Maturing March 5,
2021(3)(4)

      2,893       1,536,899  

LSF9 Atlantis Holdings, LLC

     

Term Loan, 7.24%, (1 mo. USD LIBOR + 6.00%), Maturing May 1, 2023

      994       1,000,996  

Men’s Wearhouse, Inc. (The)

     

Term Loan, 4.77%, (USD LIBOR + 3.50%), Maturing June 18, 2021(4)

      1,394       1,386,618  

Michaels Stores, Inc.

     

Term Loan, 3.99%, (1 mo. USD LIBOR + 2.75%), Maturing January 30, 2023

      1,751       1,753,507  

Neiman Marcus Group Ltd., LLC

     

Term Loan, 4.49%, (1 mo. USD LIBOR + 3.25%), Maturing October 25, 2020

      2,118       1,677,219  

Party City Holdings, Inc.

     

Term Loan, 4.43%, (3 mo. USD LIBOR + 3.00%), Maturing
August 19, 2022

      2,447       2,455,831  

PetSmart, Inc.

     

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing
March 11, 2022

      3,934       3,390,264  

PFS Holding Corporation

     

Term Loan, 4.75%, (1 mo. USD LIBOR + 3.50%), Maturing January 31, 2021

      2,166       1,954,777  

Pier 1 Imports (U.S.), Inc.

     

Term Loan, 4.83%, (3 mo. USD LIBOR + 3.50%), Maturing
April 30, 2021

      508       490,160  

Rent-A-Center, Inc.

     

Term Loan, 4.25%, (1 mo. USD LIBOR + 3.00%), Maturing
March 19, 2021

      109       108,686  

Staples, Inc.

     

Term Loan, 5.31%, (3 mo. USD LIBOR + 4.00%), Maturing September 12, 2024

      600       567,477  

Toys ‘R’ Us Property Company I, LLC

     

Term Loan, 6.24%, (1 mo. USD LIBOR + 5.00%), Maturing
August 21, 2019

      2,417       2,226,484  

Vivid Seats Ltd.

     

Term Loan, 5.24%, (1 mo. USD LIBOR + 4.00%), Maturing
June 30, 2024

      1,022       1,026,272  
                         
      $ 34,580,229  
                         

Steel — 0.2%

 

Neenah Foundry Company

     

Term Loan, 7.79%, (2 mo. USD LIBOR + 6.50%), Maturing
April 26, 2019

      335     $ 332,891  
 

 

  21   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Portfolio of Investments — continued

 

 

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

Steel (continued)

 

Zekelman Industries, Inc.

 

Term Loan, 4.07%, (3 mo. USD LIBOR + 2.75%), Maturing June 14, 2021

      666     $ 670,508  
                         
      $ 1,003,399  
                         

Surface Transport — 0.6%

 

Hertz Corporation (The)

     

Term Loan, 4.00%, (1 mo. USD LIBOR + 2.75%), Maturing June 30, 2023

      1,012     $ 1,010,686  

Kenan Advantage Group, Inc.

     

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing July 31, 2022

      109       109,591  

Term Loan, 4.24%, (1 mo. USD LIBOR + 3.00%), Maturing July 31, 2022

      360       360,377  

PODS, LLC

     

Term Loan, 4.49%, (1 mo. USD LIBOR + 3.25%), Maturing February 2, 2022

      347       349,599  

Stena International S.a.r.l.

     

Term Loan, 4.34%, (3 mo. USD LIBOR + 3.00%), Maturing March 3, 2021

      1,520       1,414,750  
                         
      $ 3,245,003  
                         

Telecommunications — 6.4%

 

CenturyLink, Inc.

     

Term Loan, 2.75%, Maturing January 31, 2025(8)

      5,100     $ 5,038,907  

Colorado Buyer, Inc.

     

Term Loan, 4.31%, (3 mo. USD LIBOR + 3.00%), Maturing May 1, 2024

      823       830,344  

Consolidated Communications, Inc.

     

Term Loan, 4.25%, (1 mo. USD LIBOR + 3.00%), Maturing October 4, 2023

      1,046       1,030,679  

Digicel International Finance Limited

     

Term Loan, 5.07%, (3 mo. USD LIBOR + 3.75%), Maturing May 28, 2024

      1,500       1,512,188  

eircom Finco S.a.r.l.

     

Term Loan, 3.25%, (1 mo. EURIBOR + 3.25%), Maturing April 19, 2024

    EUR       1,900       2,225,356  

Frontier Communications Corp.

     

Term Loan, 4.99%, (1 mo. USD LIBOR + 3.75%), Maturing June 15, 2024

      1,895       1,807,890  

Global Eagle Entertainment, Inc.

     

Term Loan, 8.71%, (3 mo. USD LIBOR + 7.50%), Maturing January 6, 2023

      1,160       1,139,040  

Intelsat Jackson Holdings S.A.

     

Term Loan, 4.07%, (3 mo. USD LIBOR + 2.75%), Maturing June 30, 2019

      5,050       5,044,213  
Borrower/Tranche Description          Principal
Amount*
(000’s omitted)
    Value  

Telecommunications (continued)

 

IPC Corp.

     

Term Loan, 5.89%, (3 mo. USD LIBOR + 4.50%), Maturing
August 6, 2021

      2,121     $ 2,072,911  

Mitel Networks Corporation

     

Term Loan, Maturing July 27, 2023(5)

      450       454,922  

Onvoy, LLC

     

Term Loan, 5.83%, (3 mo. USD LIBOR + 4.50%), Maturing February 10, 2024

      1,716       1,715,840  

Sprint Communications, Inc.

     

Term Loan, 3.75%, (1 mo. USD LIBOR + 2.50%), Maturing February 2, 2024

      3,433       3,446,848  

Syniverse Holdings, Inc.

     

Term Loan, 4.24%, (3 mo. USD LIBOR + 3.00%), Maturing
April 23, 2019

      1,733       1,693,576  

Term Loan, 4.33%, (3 mo. USD LIBOR + 3.00%), Maturing
April 23, 2019

      1,940       1,895,759  

Telesat Canada

     

Term Loan, 4.32%, (2 mo. USD LIBOR + 3.00%), Maturing November 17, 2023

      4,802       4,848,747  

Unitymedia Finance, LLC

     

Term Loan, Maturing October 16, 2024(5)

      950       948,714  
                         
      $ 35,705,934  
                         

Utilities — 2.5%

 

Calpine Construction Finance Company L.P.

     

Term Loan, 3.50%, (1 mo. USD LIBOR + 2.25%), Maturing May 3, 2020

      1,005     $ 1,008,674  

Term Loan, 3.75%, (1 mo. USD LIBOR + 2.50%), Maturing January 31, 2022

      383       383,702  

Calpine Corporation

     

Term Loan, 4.09%, (3 mo. USD LIBOR + 2.75%), Maturing January 15, 2024

      3,104       3,118,441  

Dayton Power & Light Company (The)

     

Term Loan, 4.50%, (1 mo. USD LIBOR + 3.25%), Maturing
August 24, 2022

      546       554,234  

Granite Acquisition, Inc.

     

Term Loan, 5.33%, (3 mo. USD LIBOR + 4.00%), Maturing December 19, 2021

      109       109,881  

Term Loan, 5.34%, (3 mo. USD LIBOR + 4.00%), Maturing December 19, 2021

      2,401       2,430,642  

Invenergy Thermal Operating I, LLC

     

Term Loan, 6.83%, (3 mo. USD LIBOR + 5.50%), Maturing October 19, 2022

      184       173,478  

Lightstone Generation, LLC

     

Term Loan, 5.74%, (1 mo. USD LIBOR + 4.50%), Maturing January 30, 2024

      91       91,854  
 

 

  22   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Portfolio of Investments — continued

 

 

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

Utilities (continued)

 

Lightstone Generation, LLC (continued)

     

Term Loan, 5.74%, (1 mo. USD LIBOR + 4.50%), Maturing January 30, 2024

      1,465     $ 1,474,136  

Lonestar Generation, LLC

     

Term Loan, 5.57%, (3 mo. USD LIBOR + 4.25%), Maturing February 22, 2021

      1,289       1,275,074  

Longview Power, LLC

     

Term Loan, 7.39%, (3 mo. USD LIBOR + 6.00%), Maturing
April 13, 2021

      2,713       1,749,603  

Talen Energy Supply, LLC

     

Term Loan, 5.24%, (1 mo. USD LIBOR + 4.00%), Maturing
July 15, 2023

      1,097       1,096,901  

Term Loan, 5.24%, (1 mo. USD LIBOR + 4.00%), Maturing
April 15, 2024

      721       719,862  
                         
      $ 14,186,482  
                         

Total Senior Floating-Rate Loans
(identified cost $780,489,766)

      $ 775,126,053  
                         
Corporate Bonds & Notes — 6.2%  
     
Security          Principal
Amount*
(000’s omitted)
    Value  

Aerospace and Defense — 0.1%

 

CBC Ammo, LLC/CBC FinCo, Inc.

     

7.25%, 11/15/21(9)

      75     $ 76,313  

Huntington Ingalls Industries, Inc.

     

5.00%, 11/15/25(9)

      15       16,285  

Orbital ATK, Inc.

     

5.25%, 10/1/21

      45       46,406  

TransDigm, Inc.

     

6.00%, 7/15/22

      85       88,808  

6.50%, 7/15/24

      80       82,800  
                         
      $ 310,612  
                         

Automotive — 0.0%(6)

 

American Axle & Manufacturing, Inc.

     

5.125%, 2/15/19

      20     $ 20,004  

General Motors Financial Co., Inc.

     

3.25%, 5/15/18

      10       10,078  

ZF North America Capital, Inc.

     

4.50%, 4/29/22(9)

      150       157,313  
                         
      $ 187,395  
                         
Security          Principal
Amount*
(000’s omitted)
    Value  

Brokerage / Securities Dealers / Investment Houses — 0.0%(6)

 

Alliance Data Systems Corp.

 

6.375%, 4/1/20(9)

      30     $ 30,413  
                         
      $ 30,413  
                         

Building and Development — 0.1%

 

Builders FirstSource, Inc.

     

10.75%, 8/15/23(9)

      18     $ 20,520  

Greystar Real Estate Partners, LLC

     

8.25%, 12/1/22(9)

      50       53,333  

HD Supply, Inc.

     

5.75%, 4/15/24(9)

      15       16,219  

Hillman Group, Inc. (The)

     

6.375%, 7/15/22(9)

      65       64,837  

Reliance Intermediate Holdings, L.P.

     

6.50%, 4/1/23(9)

      120       128,100  

Standard Industries, Inc.

     

6.00%, 10/15/25(9)

      50       54,313  

TRI Pointe Group, Inc./TRI Pointe Homes, Inc.

     

4.375%, 6/15/19

      45       46,406  

5.875%, 6/15/24

      60       65,250  

USG Corp.

     

5.50%, 3/1/25(9)

      5       5,381  

VICI Properties 1, LLC/VICI FC, Inc.

     

8.00%, 10/15/23

      27       30,286  
                         
      $ 484,645  
                         

Business Equipment and Services — 0.1%

 

First Data Corp.

     

7.00%, 12/1/23(9)

      155     $ 166,241  

5.00%, 1/15/24(9)

      20       20,850  

FTI Consulting, Inc.

     

6.00%, 11/15/22

      40       41,454  

ServiceMaster Co., LLC (The)

     

7.45%, 8/15/27

      45       49,162  
                         
      $ 277,707  
                         

Cable and Satellite Television — 0.2%

 

Cablevision Systems Corp.

     

5.875%, 9/15/22

      15     $ 15,469  

CCO Holdings, LLC/CCO Holdings Capital Corp.

     

5.25%, 9/30/22

      155       159,941  

5.75%, 1/15/24

      10       10,413  

5.375%, 5/1/25(9)

      95       98,800  

5.75%, 2/15/26(9)

      45       47,153  
 

 

  23   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2017

 

Portfolio of Investments — continued

 

 

Security          Principal
Amount*
(000’s omitted)
    Value  

Cable and Satellite Television (continued)

 

CSC Holdings, LLC

     

5.25%, 6/1/24

      10     $ 9,981  

DISH DBS Corp.

     

6.75%, 6/1/21

      120       126,300  

5.875%, 7/15/22

      30       30,300  

5.875%, 11/15/24

      5       5,025  

IAC/InterActiveCorp

     

4.875%, 11/30/18

      43       43,127  

Virgin Media Secured Finance PLC

     

5.50%, 1/15/25(9)

      550       579,562  
                         
      $ 1,126,071  
                         

Chemicals and Plastics — 0.4%

 

Avantor, Inc.

     

6.00%, 10/1/24(9)

      375     $ 382,969  

Hexion, Inc.

     

6.625%, 4/15/20

      1,900       1,700,500  

Platform Specialty Products Corp.

     

10.375%, 5/1/21(9)

      15       16,312  

6.50%, 2/1/22(9)

      60       62,325  

Scotts Miracle-Gro Co. (The)

     

6.00%, 10/15/23

      15       16,125  

Tronox Finance, LLC

     

7.50%, 3/15/22(9)

      20       21,075  

W.R. Grace & Co.

     

5.125%, 10/1/21(9)

      30       32,325  

5.625%, 10/1/24(9)

      10       10,975  
                         
      $ 2,242,606  
                         

Conglomerates — 0.0%(6)

 

Spectrum Brands, Inc.

 

6.625%, 11/15/22

      30     $ 31,259  

5.75%, 7/15/25

      70       74,703  
                         
      $ 105,962  
                         

Consumer Products — 0.0%(6)

 

Central Garden & Pet Co.

 

6.125%, 11/15/23

      50     $ 53,563  

HRG Group, Inc.

 

7.875%, 7/15/19

      110       111,127  
                         
      $ 164,690  
                         
Security          Principal
Amount*
(000’s omitted)
    Value  

Containers and Glass Products — 0.9%

 

Berry Global, Inc.

     

6.00%, 10/15/22

      25     $ 26,563  

Owens-Brockway Glass Container, Inc.

     

5.875%, 8/15/23(9)

      35       38,478  

6.375%, 8/15/25(9)

      15       16,978  

Reynolds Group Issuer, Inc./Reynolds Group Issuer, LLC

     

5.75%, 10/15/20

      3,875       3,947,695  

4.859%, (3 mo. USD LIBOR + 3.50%), 7/15/21(9)(10)

      950       971,779  
                         
      $ 5,001,493  
                         

Distribution & Wholesale — 0.0%(6)

 

American Tire Distributors, Inc.

 

10.25%, 3/1/22(9)

      50     $ 52,375  
                         
      $ 52,375  
                         

Drugs — 0.6%

 

Jaguar Holding Co. II/Pharmaceutical Product Development, LLC

     

6.375%, 8/1/23(9)

      110     $ 115,087  

Valeant Pharmaceuticals International, Inc.

     

6.375%, 10/15/20(9)

      40       39,850  

7.50%, 7/15/21(9)

      50       49,438  

5.625%, 12/1/21(9)

      30       27,488  

6.50%, 3/15/22(9)

      807       858,446  

7.00%, 3/15/24(9)

      1,049       1,138,165  

5.50%, 11/1/25(9)

      975       998,156