Edgar Filing: Eaton Vance Floating-Rate Income Trust

Eaton Vance Floating Rate Income Trust

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

811-21574

Investment Company Act File Number

Eaton Vance Floating Rate Income 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, Including Area Code)

May 31

Date of Fiscal Year End

February 28, 2009

Date of Reporting Period

TABLE OF CONTENTS


	Item 1. Schedule of Investments
	Item 2. Controls and Procedures
Signatures
EX-99.CERT Section 302 Certifications

Item 1. Schedule of Investments


Eaton Vance Floating-Rate Income Trust	as of February 28, 2009

PORTFOLIO OF INVESTMENTS (Unaudited)

Senior Floating-Rate Interests — 152.0%⁽¹⁾


Principal
Amount*		Borrower/Tranche Description	Value
Aerospace and Defense — 3.6%
		CACI International, Inc.
	2,108,023	Term Loan, 2.38%, Maturing May 3, 2011	$	1,992,082
		Colt Defense, LLC
	978,935	Term Loan, 4.05%, Maturing July 9, 2014		856,568
		DAE Aviation Holdings, Inc.
	459,575	Term Loan, 4.47%, Maturing July 31, 2014		232,085
	453,047	Term Loan, 4.92%, Maturing July 31, 2014		228,789
		Evergreen International Aviation
	1,464,368	Term Loan, 9.00%, Maturing October 31, 2011		856,655
		Hawker Beechcraft Acquisition
	3,542,280	Term Loan, 3.46%, Maturing March 26, 2014		1,672,743
	208,002	Term Loan, 3.46%, Maturing March 26, 2014		98,223
		Hexcel Corp.
	371,124	Term Loan, 3.77%, Maturing March 1, 2012		326,589
		IAP Worldwide Services, Inc.
	970,488	Term Loan, 8.25%, Maturing December 30, 2012⁽²⁾		532,150
		Spirit AeroSystems, Inc.
	1,272,517	Term Loan, 2.91%, Maturing December 31, 2011		1,154,810
		TransDigm, Inc.
	1,800,000	Term Loan, 3.50%, Maturing June 23, 2013		1,650,375
		Vought Aircraft Industries, Inc.
	1,270,306	Term Loan, 2.98%, Maturing December 17, 2011		1,037,417
	746,475	Term Loan, 7.50%, Maturing December 22, 2011		640,724
		Wesco Aircraft Hardware Corp.
	1,264,250	Term Loan, 2.73%, Maturing September 29, 2013		1,056,439

			$	12,335,649

Air Transport — 0.7%
		Delta Air Lines, Inc.
	1,329,750	Term Loan - Second Lien, 3.70%, Maturing April 30, 2014	$	678,589
		Northwest Airlines, Inc.
	2,100,786	Term Loan, 2.45%, Maturing December 31, 2010		1,815,079

			$	2,493,668

Automotive — 5.9%
		Accuride Corp.
	1,797,212	Term Loan, 8.00%, Maturing January 31, 2012	$	1,218,510
		Adesa, Inc.
	3,902,722	Term Loan, 3.25%, Maturing October 18, 2013		2,666,859
		Affina Group, Inc.
	1,210,323	Term Loan, 4.17%, Maturing November 30, 2011		617,265
		Allison Transmission, Inc.
	1,918,048	Term Loan, 3.20%, Maturing September 30, 2014		1,287,490
		Chrysler Financial
	3,176,408	Term Loan, 6.00%, Maturing August 1, 2014		1,686,142
		CSA Acquisition Corp.
	258,553	Term Loan, 4.00%, Maturing December 23, 2011		91,140
	645,962	Term Loan, 4.00%, Maturing December 23, 2011		227,701
	485,000	Term Loan, 4.00%, Maturing December 23, 2012		152,775
		Dayco Products, LLC
	1,920,501	Term Loan, 6.55%, Maturing June 21, 2011		515,334
		Delphi Corp.
	1,361,357	DIP Loan, 0.00%, Maturing June 30, 2009⁽³⁾		231,431
	138,644	DIP Loan, 9.50%, Maturing June 30, 2009		23,569


Principal
Amount*		Borrower/Tranche Description	Value
		Federal-Mogul Corp.
	1,664,208	Term Loan, 2.36%, Maturing December 27, 2014	$	800,206
	2,280,905	Term Loan, 2.40%, Maturing December 27, 2015		1,096,734
		Ford Motor Co.
	1,935,500	Term Loan, 5.00%, Maturing December 15, 2013		630,650
		General Motors Corp.
	5,547,210	Term Loan, 4.15%, Maturing November 29, 2013		2,050,487
		Goodyear Tire & Rubber Co.
	2,675,000	Term Loan - Second Lien, 2.23%, Maturing April 30, 2010		1,881,097
		HLI Operating Co., Inc.
EUR	87,273	Term Loan, 3.50%, Maturing May 30, 2014		58,639
EUR	1,486,255	Term Loan, 9.60%, Maturing May 30, 2014		998,626
		Keystone Automotive Operations, Inc.
	1,428,743	Term Loan, 4.33%, Maturing January 12, 2012		589,357
		LKQ Corp.
	1,132,311	Term Loan, 2.71%, Maturing October 12, 2014		973,788
		TriMas Corp.
	262,500	Term Loan, 4.45%, Maturing August 2, 2011		168,656
	2,104,292	Term Loan, 3.18%, Maturing August 2, 2013		1,352,008
		United Components, Inc.
	1,180,271	Term Loan, 3.25%, Maturing June 30, 2010		832,091

			$	20,150,555

Beverage and Tobacco — 0.4%
		Culligan International Co.
EUR	1,075,000	Term Loan - Second Lien, 7.66%, Maturing May 31, 2013	$	283,923
		Southern Wine & Spirits of America, Inc.
	238,572	Term Loan, 2.96%, Maturing May 31, 2012		214,715
		Van Houtte, Inc.
	118,497	Term Loan, 3.96%, Maturing July 11, 2014		93,316
	868,978	Term Loan, 3.96%, Maturing July 11, 2014		684,320

			$	1,276,274

Building and Development — 4.0%
		Beacon Sales Acquisition, Inc.
	1,246,312	Term Loan, 3.32%, Maturing September 30, 2013	$	911,886
		Brickman Group Holdings, Inc.
	778,576	Term Loan, 2.48%, Maturing January 23, 2014		576,146
		Capital Automotive (REIT)
	1,372,138	Term Loan, 2.17%, Maturing December 16, 2010		672,347
		Epco/Fantome, LLC
	1,496,000	Term Loan, 3.10%, Maturing November 23, 2010		1,406,240
		Forestar USA Real Estate Group, Inc.
	1,699,624	Revolving Loan, 4.45%, Maturing December 1, 2010⁽⁴⁾		1,402,190
	1,700,000	Term Loan, 4.47%, Maturing December 1, 2010		1,402,500
		Hovstone Holdings, LLC
	961,912	Term Loan, 5.50%, Maturing July 1, 2009⁽⁵⁾		402,945
		LNR Property Corp.
	1,430,000	Term Loan, 3.92%, Maturing July 3, 2011		768,625
		Metroflag BP, LLC
	500,000	Term Loan - Second Lien, 0.00%, Maturing June 30, 2009⁽³⁾		75,000
		Mueller Water Products, Inc.
	1,418,091	Term Loan, 2.79%, Maturing May 24, 2014		1,169,925
		NCI Building Systems, Inc.
	373,123	Term Loan, 2.22%, Maturing June 18, 2010		329,281
		November 2005 Land Investors
	304,578	Term Loan, 6.48%, Maturing May 9, 2011⁽²⁾		182,747
		Panolam Industries Holdings, Inc.
	1,039,225	Term Loan, 3.23%, Maturing September 30, 2012		581,966


Principal
Amount*		Borrower/Tranche Description	Value
		Re/Max International, Inc.
	729,139	Term Loan, 4.53%, Maturing December 17, 2012	$	514,043
	457,559	Term Loan, 8.53%, Maturing December 17, 2012		322,579
		South Edge, LLC
	843,750	Term Loan, 0.00%, Maturing October 31, 2009⁽³⁾		132,188
		TRU 2005 RE Holding Co.
	5,071,830	Term Loan, 3.41%, Maturing December 9, 2009		2,318,552
		United Subcontractors, Inc.
	935,155	Term Loan - Second Lien, 0.00%, Maturing June 27, 2013^(2)(3)(5)		37,406
		Wintergames Acquisition ULC
	971,182	Term Loan, 7.98%, Maturing April 24, 2009		594,849

			$	13,801,415

Business Equipment and Services — 12.2%
		ACCO Brands Corp.
	1,063,950	Term Loan, 7.75%, Maturing August 17, 2012	$	899,038
		Activant Solutions, Inc.
	1,716,252	Term Loan, 3.44%, Maturing May 1, 2013		823,801
	945,739	Term Loan, 3.94%, Maturing May 1, 2013		453,955
		Acxiom Corp.
	1,353,000	Term Loan, 2.63%, Maturing September 15, 2012		1,231,230
		Affiliated Computer Services
	897,250	Term Loan, 2.48%, Maturing March 20, 2013		835,565
		Affinion Group, Inc.
	2,619,470	Term Loan, 3.76%, Maturing October 17, 2012		2,152,332
		Allied Barton Security Service
	1,097,458	Term Loan, 6.75%, Maturing February 21, 2015		987,712
		Education Management, LLC
	3,841,448	Term Loan, 3.25%, Maturing June 1, 2013		3,297,644
		Info USA, Inc.
	654,885	Term Loan, 3.46%, Maturing February 14, 2012		507,536
		Intergraph Corp.
	1,000,000	Term Loan - Second Lien, 6.77%, Maturing November 29, 2014		840,000
		iPayment, Inc.
	2,618,041	Term Loan, 3.00%, Maturing May 10, 2013		1,459,558
		Kronos, Inc.
	1,189,800	Term Loan, 3.71%, Maturing June 11, 2014		856,656
		Language Line, Inc.
	3,325,605	Term Loan, 4.71%, Maturing June 11, 2011		2,893,276
		Mitchell International, Inc.
	989,924	Term Loan, 3.50%, Maturing March 28, 2014		744,918
	1,000,000	Term Loan - Second Lien, 6.75%, Maturing March 28, 2015		590,000
		N.E.W. Holdings I, LLC
	2,547,042	Term Loan, 3.80%, Maturing May 22, 2014		1,587,655
		Protection One, Inc.
	2,212,140	Term Loan, 2.73%, Maturing March 31, 2012		1,581,680
		Quantum Corp.
	295,688	Term Loan, 4.96%, Maturing July 12, 2014		181,848
		Quintiles Transnational Corp.
	1,875,000	Term Loan - Second Lien, 5.46%, Maturing March 31, 2014		1,453,125
		Sabre, Inc.
	7,377,363	Term Loan, 2.88%, Maturing September 30, 2014		3,576,177
		Serena Software, Inc.
	1,003,768	Term Loan, 3.10%, Maturing March 10, 2013		562,110
		Sitel (Client Logic)
	1,957,921	Term Loan, 6.60%, Maturing January 29, 2014		1,148,648
		Solera Holdings, LLC
EUR	834,957	Term Loan, 5.08%, Maturing May 15, 2014		865,338
		SunGard Data Systems, Inc.
	7,609,919	Term Loan, 2.66%, Maturing February 11, 2013		6,419,812


Principal
Amount*		Borrower/Tranche Description	Value
		TDS Investor Corp.
	1,500,739	Term Loan, 3.08%, Maturing August 23, 2013	$	899,193
	301,124	Term Loan, 3.71%, Maturing August 23, 2013		180,424
	992,443	Term Loan, 3.71%, Maturing August 23, 2013		602,909
EUR	1,054,228	Term Loan, 5.22%, Maturing August 23, 2013		781,851
		Valassis Communications, Inc.
	339,920	Term Loan, 3.21%, Maturing March 2, 2014		243,043
	1,472,084	Term Loan, 3.21%, Maturing March 2, 2014		1,052,540
		WAM Acquisition, S.A.
EUR	167,556	Term Loan, 3.75%, Maturing May 4, 2014		129,841
EUR	276,689	Term Loan, 3.75%, Maturing May 4, 2014		214,410
EUR	167,556	Term Loan, 4.25%, Maturing May 4, 2015		129,841
EUR	276,689	Term Loan, 4.25%, Maturing May 4, 2015		214,410
		West Corp.
	2,219,264	Term Loan, 2.84%, Maturing October 24, 2013		1,643,643

			$	42,041,719

Cable and Satellite Television — 11.5%
		Atlantic Broadband Finance, LLC
	2,404,340	Term Loan, 3.71%, Maturing February 10, 2011	$	2,169,917
		Bragg Communications, Inc.
	2,093,488	Term Loan, 4.53%, Maturing August 31, 2014		1,946,944
		Bresnan Broadband Holdings, LLC
	550,000	Term Loan, 3.13%, Maturing March 29, 2014		474,375
	1,325,000	Term Loan - Second Lien, 5.84%, Maturing March 29, 2014		934,125
		Cequel Communications, LLC
	1,487,386	Term Loan, 2.45%, Maturing November 5, 2013		1,265,674
	1,800,000	Term Loan - Second Lien, 4.91%, Maturing May 5, 2014		1,127,700
	4,190,328	Term Loan - Second Lien, 6.42%, Maturing May 5, 2014⁽²⁾		2,666,096
		Charter Communications Operating, Inc.
	2,191,966	Term Loan, 3.21%, Maturing April 28, 2013		1,750,833
		CSC Holdings, Inc.
	3,846,246	Term Loan, 2.21%, Maturing March 29, 2013		3,514,507
		CW Media Holdings, Inc.
	691,250	Term Loan, 4.71%, Maturing February 15, 2015		516,494
		Foxco Acquisition Sub., LLC
	723,188	Term Loan, 7.25%, Maturing July 2, 2015		390,521
		Insight Midwest Holdings, LLC
	3,999,375	Term Loan, 2.42%, Maturing April 6, 2014		3,555,276
		Kabel BW GmbH and Co.
EUR	500,000	Term Loan, 5.83%, Maturing June 9, 2013		483,528
EUR	500,000	Term Loan, 6.33%, Maturing June 9, 2014		483,528
		MCC Iowa, LLC
	887,500	Term Loan, 1.87%, Maturing March 31, 2010		832,031
		Mediacom Broadband Group
	3,881,176	Term Loan, 2.12%, Maturing January 31, 2015		3,342,662
		Mediacom Illinois, LLC
	4,016,163	Term Loan, 1.87%, Maturing January 31, 2015		3,378,597
		NTL Investment Holdings, Ltd.
GBP	1,534,029	Term Loan, 4.30%, Maturing March 30, 2012		1,789,835
GBP	559,094	Term Loan, 4.39%, Maturing March 30, 2012		652,325
		Orion Cable GmbH
EUR	706,774	Term Loan, 7.42%, Maturing October 31, 2014		499,402
EUR	706,774	Term Loan, 5.20%, Maturing October 31, 2015		499,402
		ProSiebenSat.1 Media AG
EUR	409,546	Term Loan, 4.59%, Maturing March 2, 2015		54,030
EUR	11,076	Term Loan, 3.75%, Maturing June 26, 2015		7,105
EUR	272,924	Term Loan, 3.75%, Maturing June 26, 2015		175,076
EUR	409,546	Term Loan, 4.84%, Maturing March 2, 2016		54,030
EUR	406,082	Term Loan, 9.21%, Maturing March 2, 2017⁽²⁾		27,832
EUR	565,165	Term Loan - Second Lien, 5.96%, Maturing September 2, 2016		46,572


Principal
Amount*		Borrower/Tranche Description	Value
		UPC Broadband Holding B.V
EUR	4,500,000	Term Loan, 3.76%, Maturing October 16, 2011	$	4,204,105
	2,175,000	Term Loan, 2.16%, Maturing December 31, 2014		1,862,344
		YPSO Holding SA
EUR	209,021	Term Loan, 4.05%, Maturing July 28, 2014		158,859
EUR	249,358	Term Loan, 4.05%, Maturing July 28, 2014		189,516
EUR	541,621	Term Loan, 4.05%, Maturing July 28, 2014		411,641

			$	39,464,882

Chemicals and Plastics — 8.4%
		AZ Chem US, Inc.
	500,000	Term Loan - Second Lien, 5.98%, Maturing February 28, 2014	$	276,666
		Brenntag Holding GmbH and Co. KG
	432,000	Term Loan, 2.53%, Maturing December 23, 2013		347,760
	1,768,000	Term Loan, 3.18%, Maturing December 23, 2013		1,423,240
	1,600,000	Term Loan - Second Lien, 5.50%, Maturing December 23, 2015		976,000
		Celanese Holdings, LLC
	4,617,750	Term Loan, 2.94%, Maturing April 2, 2014		3,787,839
		Cognis GmbH
EUR	201,639	Term Loan, 5.33%, Maturing September 15, 2013		164,241
EUR	823,361	Term Loan, 5.33%, Maturing September 15, 2013		670,651
		First Chemical Holding
EUR	965,273	Term Loan, 5.06%, Maturing December 18, 2015		436,870
		Foamex, L.P.
	1,528,766	Term Loan, 4.46%, Maturing February 12, 2013		458,630
		Georgia Gulf Corp.
	733,544	Term Loan, 7.91%, Maturing October 3, 2013		370,440
		Hexion Specialty Chemicals, Inc.
	492,500	Term Loan, 3.75%, Maturing May 5, 2012		164,987
	4,830,050	Term Loan, 3.69%, Maturing May 5, 2013		1,911,893
	1,049,224	Term Loan, 3.75%, Maturing May 5, 2013		415,318
		INEOS Group
	2,493,348	Term Loan, 8.20%, Maturing December 14, 2013		1,003,573
	2,398,313	Term Loan, 8.70%, Maturing December 14, 2014		965,321
EUR	750,000	Term Loan - Second Lien, 8.46%, Maturing December 14, 2012		145,791
		Innophos, Inc.
	1,822,750	Term Loan, 3.91%, Maturing August 10, 2010		1,749,840
		ISP Chemco, Inc.
	2,955,000	Term Loan, 2.38%, Maturing June 4, 2014		2,501,901
		Kleopatra
	900,000	Term Loan, 4.25%, Maturing January 3, 2016		456,000
EUR	625,000	Term Loan, 6.16%, Maturing January 3, 2016		408,849
		Kranton Polymers, LLC
	2,407,069	Term Loan, 3.44%, Maturing May 12, 2013		1,247,663
		Lucite International Group Holdings
	230,084	Term Loan, 3.43%, Maturing July 7, 2013		195,571
	649,752	Term Loan, 3.43%, Maturing July 7, 2013		552,289
		MacDermid, Inc.
	600,052	Term Loan, 2.48%, Maturing April 12, 2014		376,533
EUR	799,130	Term Loan, 3.80%, Maturing April 12, 2014		531,876
		Millenium Inorganic Chemicals
	359,728	Term Loan, 3.71%, Maturing April 30, 2014		211,340
	1,075,000	Term Loan - Second Lien, 7.21%, Maturing October 31, 2014		585,875
		Momentive Performance Material
	1,807,374	Term Loan, 2.75%, Maturing December 4, 2013		1,363,438
		Propex Fabrics, Inc.
	885,546	Term Loan, 7.25%, Maturing July 31, 2012⁽²⁾		166,040
		Rockwood Specialties Group, Inc.
	4,226,363	Term Loan, 1.98%, Maturing December 10, 2012		3,747,376


Principal
Amount*		Borrower/Tranche Description	Value
		Schoeller Arca Systems Holding
EUR	72,261	Term Loan, 5.82%, Maturing November 16, 2015	$	41,224
EUR	206,030	Term Loan, 5.82%, Maturing November 16, 2015		117,538
EUR	221,709	Term Loan, 5.82%, Maturing November 16, 2015		126,482
		Solo Cup Co.
	646,693	Term Loan, 4.35%, Maturing February 27, 2011		588,491
		Wellman, Inc.
	728,333	Term Loan, 0.00%, Maturing August 10, 2009⁽³⁾⁽⁵⁾		211,945

			$	28,699,491

Clothing/Textiles — 1.0%
		Hanesbrands, Inc.
	1,216,071	Term Loan, 2.98%, Maturing September 5, 2013	$	1,150,328
	950,000	Term Loan - Second Lien, 4.91%, Maturing March 5, 2014		804,650
		St. John Knits International, Inc.
	567,596	Term Loan, 9.00%, Maturing March 23, 2012		354,748
		The William Carter Co.
	1,056,895	Term Loan, 2.08%, Maturing July 14, 2012		945,921

			$	3,255,647

Conglomerates — 4.9%
		Amsted Industries, Inc.
	1,881,754	Term Loan, 3.23%, Maturing October 15, 2010	$	1,552,447
		Blount, Inc.
	275,947	Term Loan, 2.16%, Maturing August 9, 2010		246,053
		Doncasters (Dunde HoldCo 4 Ltd.)
	473,032	Term Loan, 2.95%, Maturing July 13, 2015		303,332
	473,032	Term Loan, 3.45%, Maturing July 13, 2015		303,332
GBP	550,000	Term Loan - Second Lien, 6.06%, Maturing January 13, 2016		341,198
		GenTek, Inc.
	557,681	Term Loan, 3.33%, Maturing February 25, 2011		462,875
		Jarden Corp.
	939,253	Term Loan, 3.21%, Maturing January 24, 2012		842,588
	2,379,881	Term Loan, 3.21%, Maturing January 24, 2012		2,134,951
	989,952	Term Loan, 3.96%, Maturing January 24, 2012		900,361
		Johnson Diversey, Inc.
	1,814,531	Term Loan, 3.18%, Maturing December 16, 2011		1,596,788
		Manitowoc Company, Inc. (The)
	1,400,000	Term Loan, 6.50%, Maturing August 21, 2014		1,071,438
		Polymer Group, Inc.
	2,567,866	Term Loan, 3.38%, Maturing November 22, 2012		1,938,739
		RBS Global, Inc.
	343,000	Term Loan, 2.94%, Maturing July 19, 2013		281,260
	2,425,000	Term Loan, 3.36%, Maturing July 19, 2013		2,020,832
		RGIS Holdings, LLC
	2,956,176	Term Loan, 3.33%, Maturing April 30, 2014		2,187,570
	147,809	Term Loan, 3.96%, Maturing April 30, 2014		109,378
		Vertrue, Inc.
	938,125	Term Loan, 4.46%, Maturing August 16, 2014		680,141

			$	16,973,283

Containers and Glass Products — 4.4%
		Berry Plastics Corp.
	1,905,052	Term Loan, 2.45%, Maturing April 3, 2015	$	1,367,351
		Consolidated Container Co.
	1,000,000	Term Loan - Second Lien, 5.95%, Maturing September 28, 2014		253,500
		Crown Americas, Inc.
	679,000	Term Loan, 2.21%, Maturing November 15, 2012		614,495
		Graham Packaging Holdings Co.
	3,637,313	Term Loan, 3.51%, Maturing October 7, 2011		3,069,994


Principal
Amount*		Borrower/Tranche Description	Value
		Graphic Packaging International, Inc.
	2,568,225	Term Loan, 3.11%, Maturing May 16, 2014	$	2,154,456
	478,069	Term Loan, 3.88%, Maturing May 16, 2014		410,011
		JSG Acquisitions
	2,055,000	Term Loan, 3.29%, Maturing December 31, 2013		1,533,030
	2,055,000	Term Loan, 3.54%, Maturing December 13, 2014		1,533,030
		Owens-Brockway Glass Container
	1,723,500	Term Loan, 1.96%, Maturing June 14, 2013		1,540,378
		Smurfit-Stone Container Corp.
	689,026	Term Loan, 2.44%, Maturing November 1, 2011		465,380
	804,789	Term Loan, 4.20%, Maturing November 1, 2011		543,903
	1,562,678	Term Loan, 4.25%, Maturing November 1, 2011		1,055,459
	717,807	Term Loan, 4.44%, Maturing November 1, 2011		485,117

			$	15,026,104

Cosmetics/Toiletries — 0.8%
		American Safety Razor Co.
	491,806	Term Loan, 3.57%, Maturing July 31, 2013	$	356,559
	1,050,000	Term Loan - Second Lien, 6.73%, Maturing July 31, 2014		698,250
		KIK Custom Products, Inc.
	1,075,000	Term Loan - Second Lien, 5.48%, Maturing November 30, 2014		170,656
		Prestige Brands, Inc.
	1,822,935	Term Loan, 2.73%, Maturing April 7, 2011		1,649,757

			$	2,875,222

Drugs — 1.4%
		Graceway Pharmaceuticals, LLC
	935,313	Term Loan, 4.21%, Maturing May 3, 2012	$	625,490
	1,000,000	Term Loan, 7.96%, Maturing May 3, 2013		295,000
	275,000	Term Loan, 9.71%, Maturing November 3, 2013		68,750
		Pharmaceutical Holdings Corp.
	378,099	Term Loan, 3.67%, Maturing January 30, 2012		330,837
		Stiefel Laboratories, Inc.
	711,731	Term Loan, 3.41%, Maturing December 28, 2013		597,854
	930,522	Term Loan, 3.41%, Maturing December 28, 2013		781,638
		Warner Chilcott Corp.
	620,237	Term Loan, 3.46%, Maturing January 18, 2012		564,157
	1,706,218	Term Loan, 3.46%, Maturing January 18, 2012		1,551,947

			$	4,815,673

Ecological Services and Equipment — 1.0%
		Blue Waste B.V. (AVR Acquisition)
EUR	1,000,000	Term Loan, 5.22%, Maturing April 1, 2015	$	973,632
		Cory Environmental Holdings
GBP	500,000	Term Loan - Second Lien, 8.06%, Maturing September 30, 2014		447,375
		EnergySolutions, LLC
	156	Term Loan, 4.15%, Maturing June 7, 2013		137
		Kemble Water Structure, Ltd.
GBP	1,500,000	Term Loan, 10.16%, Maturing October 13, 2013		1,451,643
		Sensus Metering Systems, Inc.
	718,723	Term Loan, 2.81%, Maturing December 17, 2010		657,631

			$	3,530,418

Electronics/Electrical — 4.0%
		Aspect Software, Inc.
	1,255,000	Term Loan, 4.56%, Maturing July 11, 2011	$	778,100
	2,000,000	Term Loan - Second Lien, 8.31%, Maturing July 11, 2013		650,000


Principal
Amount*		Borrower/Tranche Description	Value
		FCI International S.A.S
	232,273	Term Loan, 4.15%, Maturing November 1, 2013	$	163,171
	232,273	Term Loan, 4.15%, Maturing November 1, 2013		163,172
	241,266	Term Loan, 4.15%, Maturing November 1, 2013		169,490
	241,266	Term Loan, 4.15%, Maturing November 1, 2013		169,490
		Infor Enterprise Solutions Holdings
	1,488,665	Term Loan, 4.21%, Maturing July 28, 2012		865,907
	1,668,602	Term Loan, 5.21%, Maturing July 28, 2012		1,017,847
	3,198,153	Term Loan, 5.21%, Maturing July 28, 2012		1,950,873
	500,000	Term Loan - Second Lien, 6.96%, Maturing March 2, 2014		103,750
	183,333	Term Loan - Second Lien, 7.71%, Maturing March 2, 2014		38,042
	316,667	Term Loan - Second Lien, 7.71%, Maturing March 2, 2014		71,250
		Network Solutions, LLC
	758,727	Term Loan, 3.30%, Maturing March 7, 2014		451,443
		Open Solutions, Inc.
	2,927,032	Term Loan, 3.26%, Maturing January 23, 2014		1,639,138
		Sensata Technologies Finance Co.
	3,815,239	Term Loan, 2.93%, Maturing April 27, 2013		1,774,086
		Spectrum Brands, Inc.
	64,767	Term Loan, 5.40%, Maturing March 30, 2013		43,620
	1,763,164	Term Loan, 6.05%, Maturing March 30, 2013		1,187,491
		SS&C Technologies, Inc.
	770,853	Term Loan, 3.43%, Maturing November 23, 2012		574,286
		VeriFone, Inc.
	782,000	Term Loan, 3.23%, Maturing October 31, 2013		617,780
		Vertafore, Inc.
	1,453,296	Term Loan, 3.75%, Maturing January 31, 2012		1,235,301

			$	13,664,237

Equipment Leasing — 0.8%
		AWAS Capital, Inc.
	1,882,778	Term Loan - Second Lien, 7.50%, Maturing March 22, 2013	$	737,422
		Hertz Corp.
	444,444	Term Loan, 1.53%, Maturing December 21, 2012		296,666
	2,439,544	Term Loan, 2.20%, Maturing December 21, 2012		1,628,396

			$	2,662,484

Farming/Agriculture — 0.2%
		Central Garden & Pet Co.
	1,176,913	Term Loan, 1.98%, Maturing February 28, 2014	$	822,368

			$	822,368

Financial Intermediaries — 2.8%
		Citco III, Ltd.
	3,190,118	Term Loan, 3.58%, Maturing June 30, 2014	$	2,249,033
		Grosvenor Capital Management
	1,475,150	Term Loan, 3.08%, Maturing December 5, 2013		855,587
		INVESTools, Inc.
	426,667	Term Loan, 3.74%, Maturing August 13, 2012		416,000
		Jupiter Asset Management Group
GBP	462,299	Term Loan, 4.11%, Maturing June 30, 2015		349,942
		LPL Holdings, Inc.
	4,410,053	Term Loan, 2.82%, Maturing December 18, 2014		3,616,244
		Nuveen Investments, Inc.
	1,736,875	Term Loan, 3.82%, Maturing November 2, 2014		838,662
		Oxford Acquisition III, Ltd.
	902,907	Term Loan, 2.88%, Maturing May 24, 2014		404,803
		RJO Holdings Corp. (RJ O’Brien)
	1,014,669	Term Loan, 3.45%, Maturing July 31, 2014		452,796


Principal
Amount*		Borrower/Tranche Description	Value
		Travelex America Holdings, Inc.
	375,000	Term Loan, 5.93%, Maturing October 31, 2013	$	225,000
	375,000	Term Loan, 6.43%, Maturing October 31, 2014		225,000

			$	9,633,067

Food Products — 4.2%
		Acosta, Inc.
	3,268,083	Term Loan, 2.73%, Maturing July 28, 2013	$	2,704,338
		Advantage Sales & Marketing, Inc.
	862,592	Term Loan, 2.71%, Maturing March 29, 2013		694,387
		Black Lion Beverages III B.V.
EUR	146,444	Term Loan, 3.71%, Maturing December 31, 2013		129,751
EUR	852,941	Term Loan, 6.44%, Maturing December 31, 2014		755,720
		Dean Foods Co.
	3,775,088	Term Loan, 2.95%, Maturing April 2, 2014		3,398,523
		Dole Food Company, Inc.
	56,455	Term Loan, 2.13%, Maturing April 12, 2013		51,013
	99,805	Term Loan, 2.60%, Maturing April 12, 2013		90,185
	371,844	Term Loan, 2.97%, Maturing April 12, 2013		336,002
		Michael Foods, Inc.
	474,778	Term Loan, 3.02%, Maturing November 21, 2010		448,665
		Pinnacle Foods Finance, LLC
	2,608,654	Term Loan, 3.16%, Maturing April 2, 2014		2,131,761
		Provimi Group SA
	219,753	Term Loan, 2.73%, Maturing June 28, 2015		152,948
	270,433	Term Loan, 2.73%, Maturing June 28, 2015		188,221
EUR	284,233	Term Loan, 3.80%, Maturing June 28, 2015		250,795
EUR	470,091	Term Loan, 3.80%, Maturing June 28, 2015		414,787
EUR	489,842	Term Loan, 3.80%, Maturing June 28, 2015		432,214
EUR	640,786	Term Loan, 3.80%, Maturing June 28, 2015		565,401
EUR	29,018	Term Loan - Second Lien, 5.80%, Maturing June 28, 2015		8,277
	338,551	Term Loan - Second Lien, 2.48%, Maturing December 28, 2016⁽⁴⁾		76,174
EUR	836,935	Term Loan - Second Lien, 2.76%, Maturing December 28, 2016⁽⁴⁾		238,730
		Reddy Ice Group, Inc.
	2,190,000	Term Loan, 2.21%, Maturing August 9, 2012		1,193,550

			$	14,261,442

Food Service — 2.7%
		AFC Enterprises, Inc.
	545,404	Term Loan, 3.75%, Maturing May 23, 2009	$	458,139
		Aramark Corp.
	58,703	Term Loan, 1.31%, Maturing January 26, 2014		51,023
	920,440	Term Loan, 3.33%, Maturing January 26, 2014		800,016
GBP	1,228,125	Term Loan, 5.00%, Maturing January 27, 2014		1,485,666
		Buffets, Inc.
	1,096,744	DIP Loan, 19.00%, Maturing July 22, 2009		1,069,325
	51,295	Term Loan, 7.66%, Maturing July 22, 2009⁽²⁾		7,694
	514,862	Term Loan, 7.66%, Maturing July 22, 2009⁽²⁾		77,229
	155,585	Term Loan, 1.46%, Maturing May 1, 2013		34,488
	1,070,958	Term Loan, 7.73%, Maturing November 1, 2013⁽²⁾		237,396
		CBRL Group, Inc.
	1,933,057	Term Loan, 2.69%, Maturing April 27, 2013		1,662,429
		Denny’s, Inc.
	135,667	Term Loan, 2.15%, Maturing March 31, 2012		117,013
	464,392	Term Loan, 3.98%, Maturing March 31, 2012		400,538
		NPC International, Inc.
	412,656	Term Loan, 2.78%, Maturing May 3, 2013		350,758
		OSI Restaurant Partners, LLC
	154,525	Term Loan, 1.94%, Maturing May 9, 2013		74,043
	1,783,506	Term Loan, 2.81%, Maturing May 9, 2014		854,597


Principal
Amount*		Borrower/Tranche Description	Value
		QCE Finance, LLC
	1,222,425	Term Loan, 3.75%, Maturing May 5, 2013	$	695,035
	1,050,000	Term Loan - Second Lien, 7.22%, Maturing November 5, 2013		370,125
		Sagittarius Restaurants, LLC
	380,357	Term Loan, 9.50%, Maturing March 29, 2013		180,670
		Selecta
EUR	741,246	Term Loan - Second Lien, 7.04%, Maturing December 28, 2015		411,125

			$	9,337,309

Food/Drug Retailers — 3.4%
		General Nutrition Centers, Inc.
	2,748,935	Term Loan, 3.71%, Maturing September 16, 2013	$	2,027,339
		Iceland Foods Group, Ltd.
GBP	1,625,000	Term Loan, 3.19%, Maturing May 2, 2014		2,128,611
GBP	1,625,000	Term Loan, 3.94%, Maturing May 2, 2015		2,128,611
		Pantry, Inc. (The)
	251,082	Term Loan, 1.98%, Maturing May 15, 2014		201,493
	872,147	Term Loan, 1.98%, Maturing May 15, 2014		699,898
		Rite Aid Corp.
	5,260,250	Term Loan, 2.22%, Maturing June 1, 2014		3,434,507
	1,197,000	Term Loan, 6.00%, Maturing June 4, 2014		867,825
		Roundy’s Supermarkets, Inc.
	333,341	Term Loan, 3.19%, Maturing November 3, 2011		290,006

			$	11,778,290

Forest Products — 2.7%
		Appleton Papers, Inc.
	1,477,500	Term Loan, 3.11%, Maturing June 5, 2014	$	1,104,431
		Georgia-Pacific Corp.
	6,228,545	Term Loan, 4.12%, Maturing December 20, 2012		5,405,599
		Newpage Corp.
	3,358,250	Term Loan, 5.31%, Maturing December 5, 2014		2,083,643
		Xerium Technologies, Inc.
	1,318,900	Term Loan, 6.96%, Maturing May 18, 2012		794,637

			$	9,388,310

Healthcare — 16.6%
		Accellent, Inc.
	2,330,676	Term Loan, 3.75%, Maturing November 22, 2012	$	1,887,848
		American Medical Systems
	1,191,101	Term Loan, 2.75%, Maturing July 20, 2012		1,066,036
		AMN Healthcare, Inc.
	293,146	Term Loan, 3.21%, Maturing November 2, 2011		263,832
		Biomet, Inc.
	1,965,025	Term Loan, 4.46%, Maturing December 26, 2014		1,763,610
		Bright Horizons Family Solutions, Inc.
	1,069,625	Term Loan, 7.50%, Maturing May 15, 2015		771,913
		Capio AB
EUR	169,803	Term Loan, 4.50%, Maturing April 24, 2015		162,965
EUR	204,134	Term Loan, 4.50%, Maturing April 24, 2015		195,913
EUR	169,803	Term Loan, 4.63%, Maturing April 16, 2016		162,965
EUR	152,245	Term Loan, 4.63%, Maturing April 24, 2016		146,114
		Cardinal Health 409, Inc.
	2,413,250	Term Loan, 3.71%, Maturing April 10, 2014		1,472,082
		Carestream Health, Inc.
	3,455,011	Term Loan, 2.87%, Maturing April 30, 2013		2,776,101
	500,000	Term Loan - Second Lien, 6.03%, Maturing October 30, 2013		168,750
		Carl Zeiss Vision Holding GmbH
	1,300,000	Term Loan, 3.00%, Maturing March 23, 2015		459,333


Principal
Amount*		Borrower/Tranche Description	Value
		Community Health Systems, Inc.
	330,764	Term Loan, 2.73%, Maturing July 25, 2014	$	281,300
	6,464,605	Term Loan, 3.44%, Maturing July 25, 2014		5,497,856
		Concentra, Inc.
	700,000	Term Loan - Second Lien, 6.96%, Maturing June 25, 2015		122,500
		ConMed Corp.
	512,333	Term Loan, 1.98%, Maturing April 13, 2013		430,360
		Convatec Cidron Healthcare B
EUR	750,000	Term Loan, 5.80%, Maturing July 30, 2016		887,821
		CRC Health Corp.
	534,936	Term Loan, 3.71%, Maturing February 6, 2013		357,070
	537,625	Term Loan, 3.71%, Maturing February 6, 2013		358,865
		Dako EQT Project Delphi
	500,000	Term Loan - Second Lien, 5.21%, Maturing December 12, 2016		162,500
		DaVita, Inc.
	622,425	Term Loan, 2.33%, Maturing October 5, 2012		576,716
		DJO Finance, LLC
	891,000	Term Loan, 3.92%, Maturing May 15, 2014		752,895
		Fenwal, Inc.
	500,000	Term Loan - Second Lien, 6.51%, Maturing August 28, 2014		187,500
		Fresenius Medical Care Holdings
	2,866,445	Term Loan, 2.85%, Maturing March 31, 2013		2,623,821
		Hanger Orthopedic Group, Inc.
	800,128	Term Loan, 2.48%, Maturing May 30, 2013		735,118
		HCA, Inc.
	5,224,002	Term Loan, 3.71%, Maturing November 18, 2013		4,424,437
		Health Management Association, Inc.
	8,406,652	Term Loan, 3.21%, Maturing February 28, 2014		6,756,847
		HealthSouth Corp.
	2,866,986	Term Loan, 4.54%, Maturing March 10, 2013		2,548,547
		Iasis Healthcare, LLC
	574,696	Term Loan, 2.41%, Maturing March 14, 2014		504,654
	1,660,812	Term Loan, 2.41%, Maturing March 14, 2014		1,458,401
	154,022	Term Loan, 2.50%, Maturing March 14, 2014		135,251
		Ikaria Acquisition, Inc.
	590,992	Term Loan, 3.42%, Maturing March 28, 2013		506,775
		IM U.S. Holdings, LLC
	989,950	Term Loan, 2.85%, Maturing June 26, 2014		883,530
	700,000	Term Loan - Second Lien, 4.70%, Maturing June 26, 2015		575,750
		Invacare Corp.
	648,000	Term Loan, 3.33%, Maturing February 12, 2013		547,560
		inVentiv Health, Inc.
	930,909	Term Loan, 3.21%, Maturing July 6, 2014		797,090
		LifePoint Hospitals, Inc.
	2,296,933	Term Loan, 2.89%, Maturing April 15, 2012		2,117,485
		MultiPlan Merger Corp.
	1,112,015	Term Loan, 3.00%, Maturing April 12, 2013		921,118
	1,561,818	Term Loan, 3.00%, Maturing April 12, 2013		1,293,705
		Mylan, Inc.
	637,000	Term Loan, 4.55%, Maturing October 2, 2014		588,429
		National Mentor Holdings, Inc.
	68,600	Term Loan, 2.44%, Maturing June 29, 2013		42,875
	1,127,490	Term Loan, 3.46%, Maturing June 29, 2013		704,681
		National Rental Institutes, Inc.
	903,881	Term Loan, 3.75%, Maturing March 31, 2013		501,654
		Physiotherapy Associates, Inc.
	840,754	Term Loan, 7.50%, Maturing June 27, 2013		507,255
		RadNet Management, Inc.
	612,505	Term Loan, 6.45%, Maturing November 15, 2012		496,129
	650,000	Term Loan, 11.20%, Maturing November 15, 2013		406,250


Principal
Amount*		Borrower/Tranche Description	Value
		ReAble Therapeutics Finance, LLC
	2,750,747	Term Loan, 3.46%, Maturing November 16, 2013	$	2,393,150
		Renal Advantage, Inc.
	932	Term Loan, 4.50%, Maturing October 5, 2012		780
		Select Medical Holdings Corp.
	2,275,127	Term Loan, 3.25%, Maturing February 24, 2012		1,841,716
		Sunrise Medical Holdings, Inc.
	429,058	Term Loan, 4.82%, Maturing May 13, 2010		241,345
		Vanguard Health Holding Co., LLC
	1,320,994	Term Loan, 3.30%, Maturing September 23, 2011		1,222,745
		Viant Holdings, Inc.
	591,000	Term Loan, 3.71%, Maturing June 25, 2014		339,825

			$	57,029,768

Home Furnishings — 1.5%
		Hunter Fan Co.
	484,111	Term Loan, 2.92%, Maturing April 16, 2014	$	229,953
		Interline Brands, Inc.
	755,652	Term Loan, 2.16%, Maturing June 23, 2013		483,617
	1,088,397	Term Loan, 2.16%, Maturing June 23, 2013		696,574
		National Bedding Co., LLC
	1,479,899	Term Loan, 3.04%, Maturing August 31, 2011		727,000
	2,050,000	Term Loan - Second Lien, 5.45%, Maturing August 31, 2012		727,750
		Simmons Co.
	3,107,786	Term Loan, 9.54%, Maturing December 19, 2011⁽²⁾		2,422,519
	1,047,019	Term Loan, 8.22%, Maturing February 15, 2012		27,746

			$	5,315,159

Industrial Equipment — 3.6%
		Brand Energy and Infrastructure Services, Inc.
	888,750	Term Loan, 4.74%, Maturing February 7, 2014	$	519,919
		CEVA Group PLC U.S.
	1,167,743	Term Loan, 3.48%, Maturing January 4, 2014		724,001
	2,252,452	Term Loan, 3.48%, Maturing January 4, 2014		1,396,520
	846,843	Term Loan, 4.46%, Maturing January 4, 2014		525,043
		EPD Holdings (Goodyear Engineering Products)
	151,594	Term Loan, 2.95%, Maturing July 13, 2014		62,406
	1,058,477	Term Loan, 2.95%, Maturing July 13, 2014		435,740
	850,000	Term Loan - Second Lien, 6.20%, Maturing July 13, 2015		164,333
		FR Brand Acquisition Corp.
	736,875	Term Loan, 3.75%, Maturing February 7, 2014		480,811
		Generac Acquisition Corp.
	1,889,661	Term Loan, 2.92%, Maturing November 7, 2013		1,045,612
	500,000	Term Loan - Second Lien, 6.42%, Maturing April 7, 2014		144,167
		Gleason Corp.
	145,941	Term Loan, 3.31%, Maturing June 30, 2013		124,780
	633,988	Term Loan, 3.31%, Maturing June 30, 2013		542,060
		Jason, Inc.
	450,061	Term Loan, 3.97%, Maturing April 30, 2010		315,042
		John Maneely Co.
	2,879,758	Term Loan, 4.44%, Maturing December 8, 2013		1,689,159
		KION Group GmbH
	250,000	Term Loan, 2.48%, Maturing December 23, 2014		89,375
	250,000	Term Loan, 2.98%, Maturing December 23, 2015		89,375
		Polypore, Inc.
	3,828,512	Term Loan, 2.48%, Maturing July 3, 2014		2,737,386
		Sequa Corp.
	795,043	Term Loan, 3.70%, Maturing November 30, 2014		498,492


Principal
Amount*		Borrower/Tranche Description	Value
		TFS Acquisition Corp.
	1,955,000	Term Loan, 4.96%, Maturing August 11, 2013	$	879,750

			$	12,463,971

Insurance — 3.1%
		Alliant Holdings I, Inc.
	844,113	Term Loan, 4.46%, Maturing August 21, 2014	$	645,746
		AmWINS Group, Inc.
	992,443	Term Loan, 3.41%, Maturing June 8, 2013		588,023
	500,000	Term Loan - Second Lien, 5.97%, Maturing June 8, 2014		162,500
		Applied Systems, Inc.
	1,378,295	Term Loan, 3.92%, Maturing September 26, 2013		1,054,396
		CCC Information Services Group, Inc.
	1,632,539	Term Loan, 3.72%, Maturing February 10, 2013		1,322,356
		Conseco, Inc.
	3,842,883	Term Loan, 2.45%, Maturing October 10, 2013		2,248,087
		Crawford & Company
	1,349,054	Term Loan, 3.96%, Maturing October 31, 2013		1,126,460
		Crump Group, Inc.
	1,023,176	Term Loan, 3.48%, Maturing August 4, 2014		695,759
		Hub International Holdings, Inc.
	438,373	Term Loan, 3.96%, Maturing June 13, 2014		315,629
	1,950,880	Term Loan, 3.96%, Maturing June 13, 2014		1,404,634
		U.S.I. Holdings Corp.
	1,896,125	Term Loan, 4.21%, Maturing May 4, 2014		1,125,033

			$	10,688,623

Leisure Goods/Activities/Movies — 9.8%
		24 Hour Fitness Worldwide, Inc.
	823,891	Term Loan, 3.47%, Maturing June 8, 2012	$	469,618
		AMC Entertainment, Inc.
	3,029,327	Term Loan, 1.98%, Maturing January 26, 2013		2,690,691
		AMF Bowling Worldwide, Inc.
	1,200,000	Term Loan - Second Lien, 8.44%, Maturing December 8, 2013		180,000
		Bombardier Recreational Products
	2,027,848	Term Loan, 4.22%, Maturing June 28, 2013		562,728
		Butterfly Wendel US, Inc.
	311,780	Term Loan, 3.20%, Maturing June 22, 2013		215,648
	311,880	Term Loan, 2.70%, Maturing June 22, 2014		215,717
		Carmike Cinemas, Inc.
	1,448,844	Term Loan, 5.19%, Maturing May 19, 2012		1,086,633
		Cedar Fair, L.P.
	1,951,225	Term Loan, 2.48%, Maturing August 30, 2012		1,624,699
		Cinemark, Inc.
	3,983,313	Term Loan, 2.49%, Maturing October 5, 2013		3,551,788
		Deluxe Entertainment Services
	62,008	Term Loan, 3.71%, Maturing January 28, 2011		40,305
	1,118,269	Term Loan, 3.58%, Maturing January 28, 2011		726,875
	109,487	Term Loan, 3.71%, Maturing January 28, 2011		71,167
		Easton-Bell Sports, Inc.
	1,301,485	Term Loan, 2.92%, Maturing March 16, 2012		967,437
		Fender Musical Instruments Corp.
	332,776	Term Loan, 2.66%, Maturing June 9, 2014		158,069
	658,863	Term Loan, 3.71%, Maturing June 9, 2014		312,960
		Mega Blocks, Inc.
	1,761,125	Term Loan, 8.75%, Maturing July 26, 2012		484,309
		Metro-Goldwyn-Mayer Holdings, Inc.
	8,714,139	Term Loan, 4.25%, Maturing April 8, 2012		3,977,386
		National CineMedia, LLC
	2,850,000	Term Loan, 3.75%, Maturing February 13, 2015		2,358,375


Principal
Amount*		Borrower/Tranche Description	Value
		Regal Cinemas Corp.
	3,894,962	Term Loan, 5.21%, Maturing November 10, 2010	$	3,604,168
		Revolution Studios Distribution Co., LLC
	1,149,320	Term Loan, 4.23%, Maturing December 21, 2014		839,003
	900,000	Term Loan - Second Lien, 7.48%, Maturing June 21, 2015		202,500
		Six Flags Theme Parks, Inc.
	1,452,563	Term Loan, 2.99%, Maturing April 30, 2015		1,055,184
		Southwest Sports Group, LLC
	2,000,000	Term Loan, 4.00%, Maturing December 22, 2010		1,140,000
		Ticketmaster
	1,950,000	Term Loan, 6.64%, Maturing July 22, 2014		1,657,500
		Universal City Development Partners, Ltd.
	1,924,945	Term Loan, 6.00%, Maturing June 9, 2011		1,790,199
		WMG Acquisition Corp.
	3,465,688	Term Loan, 2.95%, Maturing February 28, 2011		3,004,752
		Zuffa, LLC
	985,000	Term Loan, 2.56%, Maturing June 20, 2016		731,362

			$	33,719,073

Lodging and Casinos — 2.4%
		Ameristar Casinos, Inc.
	1,188,250	Term Loan, 3.25%, Maturing November 10, 2012	$	920,894
		Harrah’s Operating Co.
	992,500	Term Loan, 4.26%, Maturing January 28, 2015		578,131
		Isle of Capri Casinos, Inc.
	45,197	Term Loan, 3.21%, Maturing November 30, 2013		29,901
	154,860	Term Loan, 3.21%, Maturing November 30, 2013		102,449
	387,148	Term Loan, 3.21%, Maturing November 30, 2013		256,123
		LodgeNet Entertainment Corp.
	2,764,264	Term Loan, 3.46%, Maturing April 4, 2014		1,612,487
		New World Gaming Partners, Ltd.
	225,000	Term Loan, 3.94%, Maturing June 30, 2014		102,656
	1,113,750	Term Loan, 3.94%, Maturing June 30, 2014		508,148
		Penn National Gaming, Inc.
	1,054,026	Term Loan, 2.59%, Maturing October 3, 2012		958,901
		Venetian Casino Resort/Las Vegas Sands, Inc.
	955,200	Term Loan, 2.16%, Maturing May 14, 2014		429,362
	3,782,400	Term Loan, 2.16%, Maturing May 23, 2014		1,700,189
		VML US Finance, LLC
	225,402	Term Loan, 2.73%, Maturing May 25, 2012		131,860
	524,598	Term Loan, 2.73%, Maturing May 25, 2013		306,890
		Wimar OpCo, LLC
	1,954,381	Term Loan, 6.50%, Maturing January 3, 2012		443,924

			$	8,081,915

Nonferrous Metals/Minerals — 1.6%
		Alpha Natural Resources, LLC
	909,188	Term Loan, 3.00%, Maturing October 26, 2012	$	834,179
		Euramax International, Inc.
	652,631	Term Loan, 8.75%, Maturing June 28, 2012		244,737
	249,928	Term Loan - Second Lien, 11.00%, Maturing June 28, 2013		42,488
	503,822	Term Loan - Second Lien, 11.00%, Maturing June 28, 2013		85,650
		Murray Energy Corp.
	924,259	Term Loan, 6.94%, Maturing January 28, 2010		822,590
		Noranda Aluminum Acquisition
	1,341,618	Term Loan, 2.47%, Maturing May 18, 2014		737,890
		Novelis, Inc.
	700,273	Term Loan, 3.46%, Maturing June 28, 2014		423,665
	1,540,602	Term Loan, 3.46%, Maturing June 28, 2014		932,064


Principal
Amount*		Borrower/Tranche Description	Value
		Oxbow Carbon and Mineral Holdings
	164,708	Term Loan, 2.48%, Maturing May 8, 2014	$	114,129
	1,839,776	Term Loan, 2.85%, Maturing May 8, 2014		1,274,812

			$	5,512,204

Oil and Gas — 2.4%
		Atlas Pipeline Partners, L.P.
	1,700,000	Term Loan, 2.98%, Maturing July 20, 2014	$	1,481,125
		Big West Oil, LLC
	360,938	Term Loan, 4.50%, Maturing May 1, 2014		184,078
	453,750	Term Loan, 4.50%, Maturing May 1, 2014		231,413
		Dresser, Inc.
	1,577,187	Term Loan, 3.45%, Maturing May 4, 2014		1,145,827
	1,000,000	Term Loan - Second Lien, 6.99%, Maturing May 4, 2015		470,000
		Dynegy Holdings, Inc.
	75,079	Term Loan, 1.98%, Maturing April 2, 2013		62,771
	923,209	Term Loan, 1.98%, Maturing April 2, 2013		771,868
		Enterprise GP Holdings, L.P.
	1,311,750	Term Loan, 3.26%, Maturing October 31, 2014		1,210,089
		Niska Gas Storage
	82,139	Term Loan, 2.20%, Maturing May 13, 2011		65,506
	58,471	Term Loan, 2.21%, Maturing May 13, 2011		46,630
	121,258	Term Loan, 4.85%, Maturing May 13, 2011		96,703
	751,293	Term Loan, 4.85%, Maturing May 12, 2013		599,156
		Targa Resources, Inc.
	1,410,000	Term Loan, 3.46%, Maturing October 31, 2012		1,026,480
	1,058,971	Term Loan, 5.93%, Maturing October 31, 2012		770,931

			$	8,162,577

Publishing — 9.8%
		American Media Operations, Inc.
	1,948,871	Term Loan, 10.00%, Maturing January 31, 2013	$	1,052,390
		Aster Zweite Beteiligungs GmbH
	850,000	Term Loan, 6.13%, Maturing September 27, 2013		375,771
		CanWest MediaWorks, Ltd.
	886,500	Term Loan, 3.26%, Maturing July 10, 2014		403,357
		Dex Media West, LLC
	2,490,000	Term Loan, 7.00%, Maturing October 24, 2014		1,223,212
		GateHouse Media Operating, Inc.
	650,000	Term Loan, 2.45%, Maturing August 28, 2014		165,209
	1,525,000	Term Loan, 2.48%, Maturing August 28, 2014		387,605
	750,000	Term Loan, 2.70%, Maturing August 28, 2014		190,625
		Idearc, Inc.
	11,008,203	Term Loan, 3.42%, Maturing November 17, 2014		3,913,416
		Laureate Education, Inc.
	504,610	Term Loan, 4.41%, Maturing August 17, 2014		339,350
	3,371,973	Term Loan, 4.41%, Maturing August 17, 2014		2,267,652
		Local Insight Regatta Holdings, Inc.
	1,865,625	Term Loan, 7.75%, Maturing April 23, 2015		867,516
		MediaNews Group, Inc.
	1,133,865	Term Loan, 3.41%, Maturing August 25, 2010		194,647
	775,102	Term Loan, 4.66%, Maturing August 2, 2013		148,562
		Mediannuaire Holding
EUR	500,000	Term Loan, 3.16%, Maturing October 24, 2013		426,281
EUR	704,593	Term Loan, 3.91%, Maturing October 10, 2014		285,839
EUR	704,593	Term Loan, 4.41%, Maturing October 10, 2015		285,839
		Merrill Communications, LLC
	5,316,169	Term Loan, 3.54%, Maturing August 9, 2009		3,721,318
		Nebraska Book Co., Inc.
	1,411,066	Term Loan, 9.88%, Maturing March 4, 2011		1,164,129


Principal
Amount*		Borrower/Tranche Description	Value
		Nelson Education, Ltd.
	493,750	Term Loan, 3.96%, Maturing July 5, 2014	$	308,594
		Nielsen Finance, LLC
	1,517,112	Term Loan, 2.45%, Maturing August 9, 2013		1,198,097
		Philadelphia Newspapers, LLC
	778,884	Term Loan, 0.00%, Maturing June 29, 2013⁽³⁾		111,640
		R.H. Donnelley Corp.
	6,654,873	Term Loan, 6.75%, Maturing June 30, 2010		3,769,513
		Reader’s Digest Association, Inc. (The)
	4,568,625	Term Loan, 3.63%, Maturing March 2, 2014		1,359,166
		SGS International, Inc.
	701,455	Term Loan, 4.14%, Maturing December 30, 2011		455,946
		Source Interlink Companies, Inc.
	1,984,887	Term Loan, 4.51%, Maturing August 1, 2014		1,022,217
		Source Media, Inc.
	1,191,602	Term Loan, 6.46%, Maturing November 8, 2011		649,423
		Trader Media Corp.
GBP	2,528,500	Term Loan, 3.56%, Maturing March 23, 2015		1,738,638
		Tribune Co.
	2,479,203	Term Loan, 0.00%, Maturing May 17, 2009⁽³⁾		659,644
	1,989,950	Term Loan, 0.00%, Maturing May 17, 2014⁽³⁾		409,361
	2,256,326	Term Loan, 0.00%, Maturing May 17, 2014⁽³⁾		603,215
		Virgin Media Investment Holdinds
GBP	261,972	Term Loan, 5.80%, Maturing March 30, 2012		305,657
		Xsys, Inc.
	1,988,834	Term Loan, 6.13%, Maturing September 27, 2013		879,230
	2,031,126	Term Loan, 6.13%, Maturing September 27, 2014		897,926
		Yell Group, PLC
	2,900,000	Term Loan, 3.48%, Maturing February 10, 2013		1,848,750

			$	33,629,735

Radio and Television — 5.5%
		Block Communications, Inc.
	921,500	Term Loan, 3.46%, Maturing December 22, 2011	$	774,060
		Citadel Broadcasting Corp.
	1,000,000	Term Loan, 2.21%, Maturing June 12, 2014		393,750
		CMP KC, LLC
	963,688	Term Loan, 4.50%, Maturing May 5, 2013⁽⁵⁾		276,578
		CMP Susquehanna Corp.
	2,862,841	Term Loan, 2.50%, Maturing May 5, 2013		1,089,311
		Emmis Operating Co.
	856,601	Term Loan, 3.10%, Maturing November 2, 2013		388,326
		Gray Television, Inc.
	1,220,687	Term Loan, 2.52%, Maturing January 19, 2015		639,640
		HIT Entertainment, Inc.
	969,945	Term Loan, 3.49%, Maturing March 20, 2012		484,972
		NEP II, Inc.
	687,742	Term Loan, 2.73%, Maturing February 16, 2014		567,388
		Nexstar Broadcasting, Inc.
	1,870,319	Term Loan, 3.21%, Maturing October 1, 2012		1,066,082
	1,976,807	Term Loan, 3.21%, Maturing October 1, 2012		1,126,780
		NextMedia Operating, Inc.
	72,114	Term Loan, 5.12%, Maturing November 15, 2012		35,156
	162,260	Term Loan, 5.17%, Maturing November 15, 2012		79,102
		PanAmSat Corp.
	1,556,637	Term Loan, 3.93%, Maturing January 3, 2014		1,341,303
	1,556,637	Term Loan, 3.93%, Maturing January 3, 2014		1,341,303
	1,557,109	Term Loan, 3.93%, Maturing January 3, 2014		1,341,710
		Paxson Communications Corp.
	2,775,000	Term Loan, 4.34%, Maturing January 15, 2012		693,750


Principal
Amount*		Borrower/Tranche Description	Value
		Raycom TV Broadcasting, LLC
	1,125,000	Term Loan, 2.00%, Maturing June 25, 2014	$	843,750
		SFX Entertainment
	1,186,990	Term Loan, 4.29%, Maturing June 21, 2013		979,267
		Sirius Satellite Radio, Inc.
	493,750	Term Loan, 2.75%, Maturing December 19, 2012		382,656
		Spanish Broadcasting System, Inc.
	969,773	Term Loan, 3.21%, Maturing June 10, 2012		352,351
		Univision Communications, Inc.
	4,332,413	Term Loan - Second Lien, 2.98%, Maturing March 29, 2009		3,964,157
		Young Broadcasting, Inc.
	786,475	Term Loan, 4.75%, Maturing November 3, 2012		307,512
	972,500	Term Loan, 4.75%, Maturing November 3, 2012		380,247

			$	18,849,151

Rail Industries — 1.0%
		Kansas City Southern Railway Co.
	2,193,750	Term Loan, 2.90%, Maturing April 26, 2013	$	1,881,141
		Rail America, Inc.
	104,880	Term Loan, 5.44%, Maturing August 14, 2009		95,965
	1,620,120	Term Loan, 5.44%, Maturing August 13, 2010		1,482,410

			$	3,459,516

Retailers (Except Food and Drug) — 4.1%
		American Achievement Corp.
	761,873	Term Loan, 2.73%, Maturing March 25, 2011	$	632,355
		Amscan Holdings, Inc.
	564,938	Term Loan, 3.79%, Maturing May 25, 2013		409,580
		Cumberland Farms, Inc.
	1,702,920	Term Loan, 2.94%, Maturing September 29, 2013		1,396,394
		Educate, Inc.
	500,000	Term Loan - Second Lien, 6.71%, Maturing June 14, 2014		200,000
		FTD, Inc.
	1,620,938	Term Loan, 6.75%, Maturing July 31, 2014		1,426,425
		Josten’s Corp.
	2,102,724	Term Loan, 2.41%, Maturing October 4, 2011		1,839,884
		Mapco Express, Inc.
	479,607	Term Loan, 5.75%, Maturing April 28, 2011		388,482
		Orbitz Worldwide, Inc.
	2,291,025	Term Loan, 4.11%, Maturing July 25, 2014		973,685
		Oriental Trading Co., Inc.
	1,758,628	Term Loan, 6.46%, Maturing July 31, 2013		945,263
	1,225,000	Term Loan - Second Lien, 6.48%, Maturing January 31, 2013		254,187
		Rent-A-Center, Inc.
	749,362	Term Loan, 2.21%, Maturing November 15, 2012		681,919
		Rover Acquisition Corp.
	2,401,000	Term Loan, 3.31%, Maturing October 26, 2013		2,016,840
		Savers, Inc.
	379,588	Term Loan, 3.16%, Maturing August 11, 2012		328,343
	415,282	Term Loan, 3.16%, Maturing August 11, 2012		359,219
		Vivarte
EUR	740,094	Term Loan, 3.69%, Maturing May 29, 2015		440,510
EUR	740,094	Term Loan, 4.19%, Maturing May 29, 2016		440,510
		Yankee Candle Company, Inc. (The)
	2,269,495	Term Loan, 3.40%, Maturing February 6, 2014		1,403,304

			$	14,136,900

Steel — 0.4%
		Algoma Acquisition Corp.
	1,076,058	Term Loan, 2.92%, Maturing June 20, 2013	$	652,360


Principal
Amount*		Borrower/Tranche Description	Value
		Niagara Corp.
	1,132,750	Term Loan, 5.41%, Maturing June 29, 2014	$	625,844

			$	1,278,204

Surface Transport — 0.7%
		Gainey Corp.
	1,288,011	Term Loan, 0.00%, Maturing April 20, 2012⁽³⁾	$	137,817
		Oshkosh Truck Corp.
	1,892,827	Term Loan, 3.16%, Maturing December 6, 2013		1,339,768
		Ozburn-Hessey Holding Co., LLC
	483,192	Term Loan, 4.16%, Maturing August 9, 2012		374,474
		Swift Transportation Co., Inc.
	1,115,116	Term Loan, 3.69%, Maturing May 10, 2014		531,423

			$	2,383,482

Telecommunications — 5.4%
		Alaska Communications Systems Holdings, Inc.
	1,099,807	Term Loan, 3.21%, Maturing February 1, 2012	$	960,040
		Asurion Corp.
	3,175,000	Term Loan, 3.76%, Maturing July 13, 2012		2,386,213
	1,000,000	Term Loan - Second Lien, 6.95%, Maturing January 13, 2013		613,333
		Centennial Cellular Operating Co., LLC
	4,594,820	Term Loan, 3.44%, Maturing February 9, 2011		4,502,924
		CommScope, Inc.
	3,014,947	Term Loan, 3.87%, Maturing November 19, 2014		2,587,828
		FairPoint Communications, Inc.
	2,725,000	Term Loan, 5.75%, Maturing March 31, 2015		1,563,469
		Intelsat Subsidiary Holding Co.
	1,075,250	Term Loan, 3.93%, Maturing July 3, 2013		956,972
		IPC Systems, Inc.
	500,000	Term Loan - Second Lien, 6.71%, Maturing May 31, 2015		95,834
		Macquarie UK Broadcast Ventures, Ltd.
GBP	827,948	Term Loan, 3.41%, Maturing December 26, 2014		767,476
		NTelos, Inc.
	1,288,120	Term Loan, 2.73%, Maturing August 24, 2011		1,185,070
		Palm, Inc.
	913,438	Term Loan, 3.98%, Maturing April 24, 2014		415,614
		Stratos Global Corp.
	1,092,750	Term Loan, 3.96%, Maturing February 13, 2012		953,424
		Trilogy International Partners
	950,000	Term Loan, 4.96%, Maturing June 29, 2012		422,750
		Windstream Corp.
	1,390,796	Term Loan, 2.59%, Maturing July 17, 2013		1,275,282

			$	18,686,229

Utilities — 3.1%
		AEI Finance Holding, LLC
	301,657	Revolving Loan, 3.48%, Maturing March 30, 2012	$	185,519
	2,150,789	Term Loan, 4.46%, Maturing March 30, 2014		1,322,735
		Astoria Generating Co.
	1,000,000	Term Loan - Second Lien, 4.23%, Maturing August 23, 2013		741,250
		BRSP, LLC
	1,833,445	Term Loan, 5.55%, Maturing July 13, 2009		1,540,093
		Covanta Energy Corp.
	1,250,915	Term Loan, 2.54%, Maturing February 9, 2014		1,136,769
	626,804	Term Loan, 2.93%, Maturing February 9, 2014		569,608
		Electricinvest Holding Co.
GBP	480,000	Term Loan, 5.93%, Maturing October 24, 2012		473,287
EUR	476,616	Term Loan, 6.08%, Maturing October 24, 2012		416,164


Principal
Amount*		Borrower/Tranche Description	Value
		NRG Energy, Inc.
	1,608,018	Term Loan, 2.67%, Maturing June 1, 2014	$	1,488,221
	801,897	Term Loan, 2.96%, Maturing June 1, 2014		742,156
		Pike Electric, Inc.
	1,136,438	Term Loan, 2.00%, Maturing July 1, 2012		1,042,682
	308,512	Term Loan, 2.00%, Maturing December 10, 2012		283,060
		TXU Texas Competitive Electric Holdings Co., LLC
	372,519	Term Loan, 3.95%, Maturing October 10, 2014		234,200
	478,763	Term Loan, 3.95%, Maturing October 10, 2014		300,914

			$	10,476,658


Total Senior Floating-Rate Interests (identified cost $786,321,334)			$	522,160,672

Corporate Bonds & Notes — 11.0%


Principal
Amount*
(000’s omitted)		Security	Value
Aerospace and Defense — 0.1%
		Alion Science and Technologies Corp.
	155	10.25%, 2/1/15	$	62,000
		Hawker Beechcraft Acquisition
	145	9.75%, 4/1/17		19,938
		Vought Aircraft Industries, Inc., Sr. Notes
	95	8.00%, 7/15/11		52,725

			$	134,663

Automotive — 0.1%
		Allison Transmission, Inc.
	130	11.00%, 11/1/15⁽⁶⁾	$	63,700
		Altra Industrial Motion, Inc.
	375	9.00%, 12/1/11		340,313
		Commercial Vehicle Group, Inc., Sr. Notes
	110	8.00%, 7/1/13		50,050
		Tenneco, Inc., Sr. Notes
	50	8.125%, 11/15/15		8,750

			$	462,813

Broadcast Radio and Television — 0.2%
		Rainbow National Services, LLC, Sr. Sub. Debs.
	335	10.375%, 9/1/14⁽⁶⁾	$	344,631
		Warner Music Group, Sr. Sub. Notes
	90	7.375%, 4/15/14		59,400
		XM Satellite Radio Holdings, Inc., Sr. Notes
	235	13.00%, 8/1/13⁽⁶⁾		104,575

			$	508,606

Brokers, Dealers and Investment Houses — 0.0%
		Nuveen Investments, Inc., Sr. Notes
	135	10.50%, 11/15/15⁽⁶⁾	$	31,725

			$	31,725

Building and Development — 0.5%
		Grohe Holding GMBH, Variable Rate
EUR	2,000	5.487%, 1/15/14	$	1,217,040
		Interline Brands, Inc., Sr. Sub. Notes
	125	8.125%, 6/15/14		106,875
		Panolam Industries International, Sr. Sub. Notes
	470	10.75%, 10/1/13⁽³⁾		164,500


Principal
Amount*
(000’s omitted)		Security	Value
		Texas Industries Inc., Sr. Notes
	135	7.25%, 7/15/13⁽⁶⁾	$	96,525

			$	1,584,940

Business Equipment and Services — 0.9%
		Affinion Group, Inc.
	110	10.125%, 10/15/13	$	85,800
	235	11.50%, 10/15/15		150,400
		Ceridian Corp., Sr. Notes
	305	11.25%, 11/15/15		123,525
		Education Management, LLC, Sr. Notes
	475	8.75%, 6/1/14		451,250
		Education Management, LLC, Sr. Sub. Notes
	655	10.25%, 6/1/16		615,700
		First Data Corp.
	15	9.875%, 9/24/15		8,325
		MediMedia USA, Inc., Sr. Sub. Notes
	180	11.375%, 11/15/14⁽⁶⁾		121,500
		Rental Service Corp.
	475	9.50%, 12/1/14		256,500
		SunGard Data Systems, Inc., Sr. Notes
	880	10.625%, 5/15/15⁽⁶⁾		748,000
		Ticketmaster, Sr. Notes
	220	10.75%, 7/28/16⁽⁶⁾		159,500
		Travelport, LLC
	145	9.875%, 9/1/14		59,450
		West Corp.
	425	9.50%, 10/15/14		299,625

			$	3,079,575

Cable and Satellite Television — 0.3%
		Cablevision Systems Corp., Sr. Notes, Series B
	55	8.00%, 4/15/12	$	53,487
		CCO Holdings, LLC/CCO Capital Corp., Sr. Notes
	380	8.75%, 11/15/13		298,300
		Charter Communications Holdings, Sr. Notes
	30	8.375%, 4/30/14⁽⁶⁾		25,950
		Charter Communications, Inc., Sr. Notes
	205	10.875%, 9/15/14⁽⁶⁾		190,650
		Kabel Deutschland GmbH
	220	10.625%, 7/1/14		222,200
		Mediacom Broadband Corp., Sr. Notes
	140	8.50%, 10/15/15		119,350
		National Cable PLC
	40	8.75%, 4/15/14		36,150

			$	946,087

Chemicals and Plastics — 0.2%
		CII Carbon, LLC
	195	11.125%, 11/15/15⁽⁶⁾	$	133,087
		INEOS Group Holdings PLC, Sr. Sub. Notes
	345	8.50%, 2/15/16⁽⁶⁾		22,425
		Nova Chemicals Corp., Sr. Notes, Variable Rate
	215	5.72%, 11/15/13		145,125
		Reichhold Industries, Inc., Sr. Notes
	500	9.00%, 8/15/14⁽⁶⁾		222,500

			$	523,137


Principal
Amount*
(000’s omitted)		Security	Value
Clothing/Textiles — 0.5%
		Levi Strauss & Co., Sr. Notes
	1,055	9.75%, 1/15/15	$	880,925
	85	8.875%, 4/1/16		65,450
		Oxford Industries, Inc., Sr. Notes
	835	8.875%, 6/1/11		622,075
		Perry Ellis International, Inc., Sr. Sub. Notes
	400	8.875%, 9/15/13		250,000

			$	1,818,450

Conglomerates — 0.1%
		RBS Global & Rexnord Corp.
	175	11.75%, 8/1/16	$	115,500
	195	8.875%, 9/1/16		147,713

			$	263,213

Containers and Glass Products — 0.4%
		Berry Plastics Corp., Sr. Notes, Variable Rate
	1,000	5.844%, 2/15/15	$	785,000
		Intertape Polymer US, Inc., Sr. Sub. Notes
	865	8.50%, 8/1/14		540,625
		Pliant Corp.
	287	11.625%, 6/15/09⁽²⁾⁽³⁾		107,486
		Smurfit-Stone Container Enterprises, Inc., Sr. Notes
	350	8.00%, 3/15/17⁽³⁾		32,375
		Solo Cup Co.
	25	8.50%, 2/15/14		17,250
		Stone Container Corp., Sr. Notes
	45	8.375%, 7/1/12⁽³⁾		3,825

			$	1,486,561

Ecological Services and Equipment — 0.1%
		Waste Services, Inc., Sr. Sub. Notes
	570	9.50%, 4/15/14	$	453,150

			$	453,150

Electronics/Electrical — 0.2%
		Advanced Micro Devices, Inc., Sr. Notes
	230	7.75%, 11/1/12	$	96,025
		Amkor Technologies, Inc., Sr. Notes
	50	7.125%, 3/15/11		37,188
	50	7.75%, 5/15/13		29,688
	225	9.25%, 6/1/16		128,250
		Avago Technologies Finance
	195	10.125%, 12/1/13		165,262
	240	11.875%, 12/1/15		178,800
		NXP BV/NXP Funding, LLC, Variable Rate
	875	3.844%, 10/15/13		143,281

			$	778,494

Equipment Leasing — 0.0%
		Hertz Corp.
	25	8.875%, 1/1/14	$	12,375
	365	10.50%, 1/1/16		138,700

			$	151,075

Financial Intermediaries — 0.1%
		Ford Motor Credit Co., Sr. Notes
	335	8.00%, 12/15/16	$	157,981


Principal
Amount*
(000’s omitted)		Security	Value
		General Motors Acceptance Corp., Variable Rate
	125	2.488%, 5/15/09	$	110,469

			$	268,450

Food Products — 0.1%
		ASG Consolidated, LLC/ASG Finance, Inc., Sr. Disc. Notes
	580	11.50%, 11/1/11	$	495,900

			$	495,900

Food Service — 0.2%
		Aramark Services, Inc.
	100	8.50%, 2/1/15	$	91,500
		El Pollo Loco, Inc.
	410	11.75%, 11/15/13		317,750
		NPC International, Inc., Sr. Sub. Notes
	385	9.50%, 5/1/14		309,925

			$	719,175

Food/Drug Retailers — 0.3%
		General Nutrition Center, Sr. Notes, Variable Rate
	755	7.584%, 3/15/14⁽²⁾	$	449,225
		General Nutrition Center, Sr. Sub. Notes
	430	10.75%, 3/15/15		303,150
		Rite Aid Corp.
	440	7.50%, 3/1/17		239,800

			$	992,175

Forest Products — 0.1%
		Jefferson Smurfit Corp., Sr. Notes
	105	8.25%, 10/1/12⁽³⁾	$	8,925
	85	7.30%, 6/1/13⁽³⁾		7,225
		NewPage Corp.
	610	10.00%, 5/1/12		187,575
	385	12.00%, 5/1/13		55,825
		NewPage Corp., Variable Rate
	155	7.42%, 5/1/12		37,975
		Verso Paper Holdings, LLC/Verso Paper, Inc.
	305	11.375%, 8/1/16		65,575

			$	363,100

Healthcare — 1.5%
		Accellent, Inc.
	320	10.50%, 12/1/13	$	233,600
		AMR HoldCo, Inc./EmCare HoldCo, Inc., Sr. Sub. Notes
	355	10.00%, 2/15/15		358,550
		Biomet, Inc.
	725	11.625%, 10/15/17		674,250
		DJO Finance, LLC/DJO Finance Corp.
	220	10.875%, 11/15/14		168,300
		HCA, Inc.
	291	8.75%, 9/1/10		291,000
	34	7.875%, 2/1/11		33,660
	150	9.125%, 11/15/14		141,000
	210	9.25%, 11/15/16		192,675
		MultiPlan Inc., Sr. Sub. Notes
	540	10.375%, 4/15/16⁽⁶⁾		440,100
		National Mentor Holdings, Inc.
	355	11.25%, 7/1/14		294,650
		Res-Care, Inc., Sr. Notes
	220	7.75%, 10/15/13		190,850


Principal
Amount*
(000’s omitted)		Security	Value
		US Oncology, Inc.
	440	9.00%, 8/15/12	$	419,100
	1,940	10.75%, 8/15/14		1,799,350

			$	5,237,085

Industrial Equipment — 0.1%
		Chart Industries, Inc., Sr. Sub. Notes
	215	9.125%, 10/15/15	$	170,388
		ESCO Corp., Sr. Notes
	160	8.625%, 12/15/13⁽⁶⁾		121,600
		ESCO Corp., Sr. Notes, Variable Rate
	160	5.871%, 12/15/13⁽⁶⁾		100,000

			$	391,988

Insurance — 0.1%
		Alliant Holdings I, Inc.
	115	11.00%, 5/1/15⁽⁶⁾	$	74,750
		Hub International Holdings, Inc.
	140	9.00%, 12/15/14⁽⁶⁾		91,700
		U.S.I. Holdings Corp., Sr. Notes, Variable Rate
	115	5.113%, 11/15/14⁽⁶⁾		55,200

			$	221,650

Leisure Goods/Activities/Movies — 0.4%
		AMC Entertainment, Inc.
	760	11.00%, 2/1/16	$	687,800
		Bombardier, Inc.
	145	8.00%, 11/15/14⁽⁶⁾		103,675
		HRP Myrtle Beach Operations, LLC/HRP Myrtle Beach Capital Corp.
	220	12.50%, 4/1/13⁽³⁾⁽⁶⁾		1,375
		HRP Myrtle Beach Operations, LLC/HRP Myrtle Beach Capital Corp., Variable Rate
	405	0.00%, 4/1/12⁽³⁾⁽⁶⁾		6,075
		Marquee Holdings, Inc., Sr. Disc. Notes
	515	9.505%, 8/15/14		347,625
		Royal Caribbean Cruises, Sr. Notes
	105	7.00%, 6/15/13		59,325
	40	6.875%, 12/1/13		21,800
	25	7.25%, 6/15/16		12,625
	50	7.25%, 3/15/18		23,750
		Universal City Development Partners, Sr. Notes
	280	11.75%, 4/1/10		215,600

			$	1,479,650

Lodging and Casinos — 0.7%
		Buffalo Thunder Development Authority
	535	9.375%, 12/15/14⁽⁶⁾	$	29,425
		CCM Merger, Inc.
	370	8.00%, 8/1/13⁽⁶⁾		138,750
		Chukchansi EDA, Sr. Notes, Variable Rate
	310	6.095%, 11/15/12⁽⁶⁾		52,700
		Fontainebleau Las Vegas Casino, LLC
	525	11.00%, 6/15/15⁽⁶⁾		36,750
		Galaxy Entertainment Finance
	320	9.875%, 12/15/12⁽⁶⁾		174,400
		Greektown Holdings, LLC, Sr. Notes
	110	10.75%, 12/1/13⁽³⁾⁽⁶⁾		10,450
		Host Hotels and Resorts, LP, Sr. Notes
	280	6.75%, 6/1/16		203,000


Principal
Amount*
(000’s omitted)		Security	Value
		Indianapolis Downs, LLC & Capital Corp., Sr. Notes
	150	11.00%, 11/1/12⁽⁶⁾	$	78,750
		Inn of the Mountain Gods, Sr. Notes
	565	12.00%, 11/15/10		70,625
		Majestic HoldCo, LLC
	150	12.50%, 10/15/11⁽³⁾⁽⁶⁾		1,500
		MGM Mirage, Inc.
	20	7.50%, 6/1/16		8,150
		Mohegan Tribal Gaming Authority, Sr. Sub. Notes
	165	8.00%, 4/1/12		53,625
	240	7.125%, 8/15/14		73,200
	260	6.875%, 2/15/15		75,400
		OED Corp./Diamond Jo, LLC
	125	8.75%, 4/15/12		95,625
		Park Place Entertainment
	405	7.875%, 3/15/10		118,463
		Pinnacle Entertainment, Inc., Sr. Sub. Notes
	25	8.25%, 3/15/12		22,375
	155	7.50%, 6/15/15		103,075
		Pokagon Gaming Authority, Sr. Notes
	112	10.375%, 6/15/14⁽⁶⁾		99,120
		San Pasqual Casino
	125	8.00%, 9/15/13⁽⁶⁾		93,750
		Scientific Games Corp.
	65	7.875%, 6/15/16⁽⁶⁾		55,575
		Seminole Hard Rock Entertainment, Variable Rate
	195	4.496%, 3/15/14⁽⁶⁾		92,625
		Tunica-Biloxi Gaming Authority, Sr. Notes
	345	9.00%, 11/15/15⁽⁶⁾		277,725
		Waterford Gaming, LLC, Sr. Notes
	347	8.625%, 9/15/14⁽⁶⁾		138,237
		Wynn Las Vegas, LLC
	435	6.625%, 12/1/14		308,850

			$	2,412,145

Nonferrous Metals/Minerals — 0.2%
		FMG Finance PTY, Ltd.
	785	10.625%, 9/1/16⁽⁶⁾	$	671,175
		Freeport-McMoran Copper & Gold, Inc., Sr. Notes
	100	8.375%, 4/1/17		86,370

			$	757,545

Oil and Gas — 1.1%
		Allis-Chalmers Energy, Inc., Sr. Notes
	370	9.00%, 1/15/14	$	164,650
		Cimarex Energy Co., Sr. Notes
	135	7.125%, 5/1/17		111,375
		Clayton Williams Energy, Inc.
	205	7.75%, 8/1/13		126,075
		Compton Pet Finance Corp.
	410	7.625%, 12/1/13		139,400
		Denbury Resources, Inc., Sr. Sub. Notes
	55	7.50%, 12/15/15		47,300
		El Paso Corp., Sr. Notes
	245	9.625%, 5/15/12		240,545
		Encore Acquisition Co., Sr. Sub. Notes
	175	7.25%, 12/1/17		137,375
		Forbes Energy Services, Sr. Notes
	350	11.00%, 2/15/15		203,000


Principal
Amount*
(000’s omitted)		Security	Value
		OPTI Canada, Inc., Sr. Notes
	110	7.875%, 12/15/14	$	36,850
	200	8.25%, 12/15/14		69,000
		Parker Drilling Co., Sr. Notes
	110	9.625%, 10/1/13		74,250
		Petrohawk Energy Corp., Sr. Notes
	790	9.125%, 7/15/13		750,500
	140	7.875%, 6/1/15⁽⁶⁾		121,100
		Petroleum Development Corp., Sr. Notes
	135	12.00%, 2/15/18		86,063
		Petroplus Finance, Ltd.
	510	7.00%, 5/1/17⁽⁶⁾		379,950
		Plains Exploration & Production Co.
	195	7.00%, 3/15/17		167,212
		Quicksilver Resources, Inc.
	320	7.125%, 4/1/16		212,800
		Sandridge Energy, Inc., Sr. Notes
	335	8.00%, 6/1/18⁽⁶⁾		262,975
		SemGroup, L.P., Sr. Notes
	605	8.75%, 11/15/15⁽³⁾⁽⁶⁾		33,275
		SESI, LLC, Sr. Notes
	65	6.875%, 6/1/14		51,675
		Stewart & Stevenson, LLC, Sr. Notes
	465	10.00%, 7/15/14		285,975
		VeraSun Energy Corp.
	115	9.875%, 12/15/12⁽³⁾		81,075

			$	3,782,420

Publishing — 0.4%
		Dex Media West/Finance, Series B
	90	9.875%, 8/15/13	$	13,950
		Harland Clarke Holdings
	40	9.50%, 5/15/15		18,200
		Laureate Education, Inc.
	100	10.00%, 8/15/15⁽⁶⁾		69,000
	1,117	10.25%, 8/15/15⁽²⁾⁽⁶⁾		644,377
		Local Insight Regatta Holdings, Inc.
	100	11.00%, 12/1/17		24,500
		Nielsen Finance, LLC
	705	10.00%, 8/1/14		585,150
	165	12.50%, (0.00% until 2011), 8/1/16		65,175
		Reader’s Digest Association, Inc. (The), Sr. Sub. Notes
	505	9.00%, 2/15/17		45,450

			$	1,465,802

Rail Industries — 0.2%
		American Railcar Industry, Sr. Notes
	195	7.50%, 3/1/14	$	135,525
		Kansas City Southern Mexico, Sr. Notes
	315	7.625%, 12/1/13		285,075
	100	7.375%, 6/1/14		89,000
	220	8.00%, 6/1/15		203,500

			$	713,100

Retailers (Except Food and Drug) — 0.5%
		Amscan Holdings, Inc., Sr. Sub. Notes
	455	8.75%, 5/1/14	$	275,275
		Neiman Marcus Group, Inc.
	830	9.00%, 10/15/15		332,000
	1,065	10.375%, 10/15/15		448,631


Principal
Amount*
(000’s omitted)		Security	Value
		Sally Holdings, LLC
	10	9.25%, 11/15/14	$	9,575
		Sally Holdings, LLC, Sr. Notes
	530	10.50%, 11/15/16		462,425
		Yankee Acquisition Corp., Series B
	595	8.50%, 2/15/15		321,300

			$	1,849,206

Steel — 0.1%
		RathGibson, Inc., Sr. Notes
	495	11.25%, 2/15/14	$	111,375
		Steel Dynamics, Inc., Sr. Notes
	225	7.375%, 11/1/12		195,750

			$	307,125

Surface Transport — 0.1%
		CEVA Group, PLC, Sr. Notes
	230	10.00%, 9/1/14⁽⁶⁾	$	178,250

			$	178,250

Telecommunications — 1.0%
		Centennial Cellular Operating Co./Centennial Communication Corp., Sr. Notes
	250	10.125%, 6/15/13	$	259,688
		Digicel Group, Ltd., Sr. Notes
	310	9.25%, 9/1/12⁽⁶⁾		281,325
	989	9.125%, 1/15/15⁽⁶⁾		699,717
		Intelsat Bermuda, Ltd.
	850	11.25%, 6/15/16		805,375
		Nortel Networks, Ltd.
	150	10.75%, 7/15/16⁽³⁾		21,375
	450	10.75%, 7/15/16⁽³⁾⁽⁶⁾		64,125
		Qwest Corp., Sr. Notes, Variable Rate
	1,025	5.246%, 6/15/13		873,812
		Windstream Corp., Sr. Notes
	215	8.125%, 8/1/13		209,625
	65	8.625%, 8/1/16		62,725

			$	3,277,767

Utilities — 0.2%
		AES Corp.
	55	8.00%, 10/15/17	$	47,025
		Edison Mission Energy, Sr. Notes
	25	7.50%, 6/15/13		23,062
		NGC Corp.
	430	7.625%, 10/15/26		174,150
		NRG Energy, Inc.
	175	7.25%, 2/1/14		165,375
	390	7.375%, 1/15/17		361,725
		Reliant Energy, Inc., Sr. Notes
	20	7.625%, 6/15/14		14,600

			$	785,937


Total Corporate Bonds & Notes (identified cost $58,697,901)			$	37,920,959

Asset-Backed Securities — 0.2%


Principal
Amount
(000’s omitted)		Security	Value
$	565	Alzette European CLO SA, Series 2004-1A, Class E2, 11.86%, 12/15/20⁽⁷⁾	$	169,563
	686	Avalon Capital Ltd. 3, Series 1A, Class D, 3.199%, 2/24/19⁽⁶⁾⁽⁷⁾		68,602
	1,000	Babson Ltd., Series 2005-1A, Class C1, 3.044%, 4/15/19⁽⁶⁾⁽⁷⁾		90,000
	1,000	Bryant Park CDO Ltd., Series 2005-1A, Class C, 3.144%, 1/15/19⁽⁶⁾⁽⁷⁾		30,000
	1,000	Centurion CDO 8 Ltd., Series 2005-8A, Class D, 7.693%, 3/8/17⁽⁷⁾		100,000
	750	Centurion CDO 9 Ltd., Series 2005-9A, Class D1, 5.893%, 7/17/19⁽⁷⁾		71,250
	750	Comstock Funding Ltd., Series 2006-1A, Class D, 5.511%, 5/30/20⁽⁶⁾⁽⁷⁾		52,500
	1,000	First CLO Ltd., Series 2004-1A1, Class C, 3.459%, 7/27/16⁽⁶⁾⁽⁷⁾		120,000


Total Asset-Backed Securities (identified cost $6,527,227)			$	701,915

Convertible Preferred Stocks — 0.0%


Shares		Security	Value
		Telecommunications — 0.0%
	479	Crown Castle International Corp., 6.25%⁽²⁾	$	20,896


Total Convertible Preferred Stocks (identified cost $22,752)			$	20,896

Closed-End Investment Companies — 2.4%


Shares		Security	Value
	173,420	BlackRock Floating Rate Income Strategies Fund II, Inc.	$	1,435,918
	20,864	BlackRock Global Floating Rate Income Trust Fund		185,064
	2,933	First Trust/Four Corners Senior Floating Rate Income Fund		21,997
	345,089	First Trust/Four Corners Senior Floating Rate Income Fund II		2,619,226
	521,233	ING Prime Rate Trust		1,824,315
	173,333	LMP Corporate Loan Fund, Inc.		1,163,064
	50,753	Nuveen Floating Rate Income Fund		291,830
	8,502	Nuveen Floating Rate Income Opportunity Fund		45,231
	23,445	Nuveen Senior Income Fund		82,292
	136	PIMCO Floating Rate Income Fund		758
	1,620	PIMCO Floating Rate Strategy Fund		7,922
	293	Pioneer Floating Rate Trust		2,121
	268,136	Van Kampen Senior Income Trust		656,933


Total Closed-End Investment Companies (identified cost $18,598,351)			$	8,336,671

Short-Term Investments — 1.7%


Interest
(000’s Omitted)		Description	Value
$	5,735	Cash Management Portfolio, 0.05%⁽⁸⁾	$	5,735,335


Total Short-Term Investments (identified cost $5,735,335)			$	5,735,335


Total Investments — 167.3% (identified cost $875,902,900)			$	574,876,448


Less Unfunded Loan Commitments — (0.6)%			$	(1,977,651	)


Net Investments — 166.7% (identified cost $873,925,249)			$	572,898,797


Other Assets, Less Liabilities — (24.5)%			$	(84,211,444	)


Auction Preferred Shares Plus Cumulative Unpaid Dividends — (42.2)%			$	(145,090,120	)


Net Assets Applicable to Common Shares — 100.0%			$	343,597,233



DIP	-	Debtor in Possession

REIT	-	Real Estate Investment Trust

EUR	-	Euro

GBP	-	British Pound Sterling

*		In U.S. dollars unless otherwise indicated.

(1)		Senior floating-rate interests (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will have an expected average life of approximately two to four years. The stated interest rate represents the weighted average interest rate of all contracts within the senior loan facility. Senior Loans typically have rates of interest which are redetermined either daily, monthly, quarterly or semi-annually by reference to a base lending rate, plus a premium. These base rates are primarily the London-Interbank Offered Rate (“LIBOR”), and secondarily the prime rate offered by one or more major United States banks (the “Prime Rate”) and the certificate of deposit (“CD”) rate or other base lending rates used by commercial lenders.

(2)		Represents a payment-in-kind security which may pay all or a portion of interest/dividends in additional par/shares.

(3)		Defaulted security. Currently the issuer is in default with respect to interest payments.

(4)		Unfunded or partially unfunded loan commitments. The Trust may enter into certain credit agreements all or a portion of which may be unfunded. The Trust is obligated to fund these commitments at the borrower’s discretion.

(5)		Security valued at fair value using methods determined in good faith by or at the direction of the Trustees.

(6)		Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At February 28, 2009, the aggregate value of these securities is $8,305,371 or 2.4% of the Trust’s net assets.

(7)		Variable rate security. The stated interest rate represents the rate in effect at February 28, 2009.

(8)		Affiliated investment company available to Eaton Vance portfolios and funds which invests in high quality, U.S. dollar denominated money market instruments. The rate shown is the annualized seven-day yield as of February 28, 2009. Net income allocated from the investment in Cash Management Portfolio for the fiscal year to date ended February 28, 2009 was $112,071.

A summary of financial instruments outstanding at February 28, 2009 is as follows:

Forward Foreign Currency Exchange Contracts Sales


			Net Unrealized
Settlement			Appreciation
Date	Deliver	In Exchange For	(Depreciation)
3/31/09	British Pound Sterling 9,813,942	United States Dollar 13,911,362	$	(92,035	)
3/31/09	Euro 18,171,429	United States Dollar 23,054,092		52,743

			$	(39,292	)

At February 28, 2009, the Trust had sufficient cash and/or securities to cover commitments under these contracts.

The cost and unrealized appreciation (depreciation) of investments of the Trust at February 28, 2009, as determined on a federal income tax basis, were as follows:


Aggregate cost	$	874,260,068

Gross unrealized appreciation	$	430,252
Gross unrealized depreciation		(301,791,523	)

Net unrealized depreciation	$	(301,361,271	)

The Trust adopted Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157 (FAS 157), “Fair Value Measurements”, effective June 1, 2008. FAS 157 established a three-tier hierarchy to prioritize the assumptions, referred to as inputs, used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.


	•	Level 1 — quoted prices in active markets for identical investments

	•	Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

	•	Level 3 — significant unobservable inputs (including a fund’s own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

At February 28, 2009, the inputs used in valuing the Trust’s investments, which are carried at value, were as follows:


		Investments in		Other Financial
	Valuation Inputs	Securities		Instruments*
Level 1	Quoted Prices	$	14,092,902	$	—
Level 2	Other Significant Observable Inputs		557,877,021		(39,292	)
Level 3	Significant Unobservable Inputs		928,874		—

Total		$	572,898,797	$	(39,292	)


*		Other financial instruments are forward foreign currency exchange contracts not reflected in the Portfolio of Investments, which are valued at the unrealized appreciation (depreciation) on the instrument.

The following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in
	Securities
Balance, as of May 31, 2008	$	462,500
Realized gains (losses)		(433	)
Change in net unrealized appreciation (depreciation)		(1,572,650	)
Net purchases (sales)		(19,012	)
Accrued discount (premium)		9,410
Net transfer to (from) Level 3		2,049,059

Balance, as of February 28, 2009	$	928,874

Change in net unrealized appreciation (depreciation) in investments still held as of February 28, 2009	$	(1,572,650	)

For information on the Trust’s policy regarding valuation of investments and other significant accounting policies, please refer to the Trust’s most recent financial statements included in its semiannual or annual report to shareholders.

Item 2. Controls and Procedures

(a) It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant on this Form N-Q has been recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms and that the information required to be disclosed by the registrant on this Form N-Q has been accumulated and communicated to the registrant’s principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.

(b) There have been no changes in the registrant’s internal controls over financial reporting during the fiscal quarter for which the report is being filed that have materially affected, or are reasonably likely to materially affect the registrant’s internal control over financial reporting.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Eaton Vance Floating Rate Income Trust


By:		/s/ Scott H. Page

		Scott H. Page
		President

Date:		April 20, 2009

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.


By:		/s/ Scott H. Page

		Scott H. Page
		President

Date:		April 20, 2009


By:		/s/ Barbara E. Campbell

		Barbara E. Campbell
		Treasurer

Date:		April 20, 2009

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