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, 2015

Date of Reporting Period

 

 

 


Item 1. Reports to Stockholders


LOGO

 

 

Eaton Vance

Senior Floating-Rate Trust (EFR)

Annual Report

October 31, 2015

 

 

 

 

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, 2015

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

     44   

Federal Tax Information

     45   

Annual Meeting of Shareholders

     46   

Dividend Reinvestment Plan

     47   

Management and Organization

     49   

Important Notices

     52   


Eaton Vance

Senior Floating-Rate Trust

October 31, 2015

 

Management’s Discussion of Fund Performance1

 

 

Economic and Market Conditions

During the fiscal year ended October 31, 2015, the U.S. floating-rate loan market experienced declining loan prices that partially offset interest income and thus detracted from total returns. As a result, the S&P/LSTA Leveraged Loan Index,2 a loan market barometer, returned 0.48% for the 12-month period.

The period was dominated by risk-averse sentiment among investors. Slowing growth in China, declining prices for oil and other commodities, weakness in the global economic recovery and uncertainty around the Federal Reserve’s expected rate hike all dragged on returns of most asset classes across the capital markets, including floating-rate loans.

Loan prices edged lower in the secondary market as retail investors exited loan-focused investments. Further downward pressure on loan prices came from high-yield bond funds that sold floating-rate loan holdings to cover redemptions. Meanwhile, institutional loan investors generally stayed the course, with strong demand exhibited in both collateralized loan obligations and traditional institutional channels.

Performance trends within the loan market were bifurcated in a number of ways during the period. Loans in industries affected by declining commodity prices — including oil & gas, metals & mining and utilities — were among the worst performing loans during the period. Meanwhile, investor preference for quality showcased itself in credit tier performance, with higher-quality loans generally outperforming lower-rated issues.

With the U.S. economy continuing its uneven but gradual recovery, healthy corporate fundamentals kept the default rate fairly benign during the period. The default rate, a measure of corporate health and credit risk in the market, was 1.32%, well below the market’s 10-year average of 3.16%, according to Standard & Poor’s Leveraged Commentary & Data.

Fund Performance

For the fiscal year ended October 31, 2015, Eaton Vance Senior Floating-Rate Trust (the Fund) had a total return of 0.15% at net asset value (NAV), underperforming its benchmark, the S&P/LSTA Leveraged Loan Index (the Index), which returned 0.48%. The Index is unmanaged and returns do not reflect the effect of any applicable sales charges, commissions, expenses or leverage.

For the 12-month period, BB-rated8 loans in the Index returned 3.10%, B-rated loans in the Index returned 0.62%, CCC-rated loans in the Index returned -2.75% and D-rated (defaulted) loans in the Index returned -43.48%. The negative performance of the D category was due in large part to the continued decline of the defaulted loan issued by Energy Future Holdings (“EFH”), a major Index component that defaulted during the Fund’s previous fiscal year but was not held by the Fund. Across the ratings tiers, the Fund’s overweight to higher-quality BB and B-rated loans, two ratings categories that outperformed the overall Index during the period, and underweight to poorly performing CCC and D-rated loans, helped Fund performance versus the Index. The Fund’s lack of exposure to the defaulted EFH loan was the largest individual contributor to performance versus the Index.

The Fund’s employment of investment leverage6 also contributed to relative Fund performance versus the Index, which does not employ leverage. During the 12-month period, leverage amplified both the positive coupon yield and negative price movement in the loan market; however, the positive effect of leveraged yield outweighed the negative effect of leveraged price declines, and leverage as a whole contributed to Fund performance versus the Index.

The Fund’s exposure to high-yield bonds, which are not included in the Index, also contributed to Fund performance versus the Index. Although as an asset class high-yield bonds underperformed loans during the period, security selection in the Fund’s high-yield allocation contributed to Fund performance versus the Index.

In contrast, a headwind related to issuer size detracted from Fund performance versus the Index. As the period was marked by heightened volatility and risk aversion by retail investors, more widely held and actively traded issues took the brunt of selling pressure from investors exiting the asset class. As these loans tend to be issued by the larger and more durable companies that the Fund has tended to favor, positioning in larger loans was a relative detractor to Fund performance versus the Index.

 

 

See Endnotes and Additional Disclosures in this report.

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

 

  2  


Eaton Vance

Senior Floating-Rate Trust

October 31, 2015

 

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         0.15      6.06      5.09

Fund at Market Price

             –1.24         3.05         4.92   

S&P/LSTA Leveraged Loan Index

             0.48      4.14      4.61
           
% Premium/Discount to NAV4                                
              –9.62
           
Distributions5                                

Total Distributions per share for the period

            $ 0.938   

Distribution Rate at NAV

              6.61

Distribution Rate at Market Price

              7.31
           
% Total Leverage6                                

Auction Preferred Shares (APS)

              15.13

Borrowings

              23.97   

 

See Endnotes and Additional Disclosures in this report.

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

 

  3  


Eaton Vance

Senior Floating-Rate Trust

October 31, 2015

 

Fund Profile

 

 

Top 10 Issuers (% of total investments)7

 

 

Asurion, LLC

    1.2

Community Health Systems, Inc.

    1.1   

Valeant Pharmaceuticals International, Inc.

    1.0   

First Data Corporation

    1.0   

Calpine Corporation

    0.9   

FMG Resources (August 2006) Pty. Ltd.

    0.9   

Intelsat Jackson Holdings S.A.

    0.9   

Virgin Media Investment Holdings Limited

    0.8   

MEG Energy Corp.

    0.8   

Reynolds Group Holdings, Inc.

    0.8   
         

Total

    9.4
         

 

Credit Quality (% of bonds, loans and asset-backed securities)8

 

 

LOGO

Top 10 Sectors (% of total investments)7

 

 

Health Care

    10.4

Electronics/Electrical

    8.2   

Business Equipment and Services

    6.8   

Retailers (Except Food and Drug)

    5.5   

Chemicals and Plastics

    5.1   

Lodging and Casinos

    4.0   

Leisure Goods/Activities/Movies

    3.7   

Oil and Gas

    3.7   

Food Products

    3.2   

Automotive

    3.2   
         

Total

    53.8
         
 

 

See Endnotes and Additional Disclosures in this report.

 

  4  


Eaton Vance

Senior Floating-Rate Trust

October 31, 2015

 

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.

 

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 tax-exempt income, 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. 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, 2015

 

Portfolio of Investments

 

 

Senior Floating-Rate Loans — 142.2%(1)   
     
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  

Aerospace and Defense — 1.7%

  

BE Aerospace, Inc.

     

Term Loan, 4.00%, Maturing December 16, 2021

      962      $ 968,549   

IAP Worldwide Services, Inc.

     

Revolving Loan, Maturing July 18, 2018(2)

      311        286,863   

Term Loan - Second Lien, 8.00%, Maturing July 18, 2019(3)

      425        340,213   

Silver II US Holdings, LLC

     

Term Loan, 4.00%, Maturing December 13, 2019

      1,808        1,666,247   

TransDigm, Inc.

     

Term Loan, 3.75%, Maturing February 28, 2020

      4,189        4,143,931   

Term Loan, 3.75%, Maturing June 4, 2021

      1,802        1,780,464   
   
      $ 9,186,267   
   

Air Transport — 0.4%

                   

Virgin America, Inc.

     

Term Loan, 4.50%, Maturing April 4, 2019

      2,350      $ 2,005,960   
   
      $ 2,005,960   
   

Automotive — 4.9%

                   

Affinia Group Intermediate Holdings, Inc.

     

Term Loan, 4.94%, Maturing April 27, 2020

      1,031      $ 1,032,761   

Allison Transmission, Inc.

     

Term Loan, 3.50%, Maturing August 23, 2019

      2,785        2,791,378   

Chrysler Group, LLC

     

Term Loan, 3.50%, Maturing May 24, 2017

      2,854        2,852,437   

Term Loan, 3.25%, Maturing December 31, 2018

      2,069        2,063,587   

CS Intermediate Holdco 2, LLC

     

Term Loan, 4.00%, Maturing April 4, 2021

      642        637,194   

Dayco Products, LLC

     

Term Loan, 5.25%, Maturing December 12, 2019

      985        984,384   

Federal-Mogul Holdings Corporation

     

Term Loan, 4.75%, Maturing April 15, 2021

      3,876        3,553,750   

Goodyear Tire & Rubber Company (The)

     

Term Loan - Second Lien, 3.75%, Maturing April 30, 2019

      5,542        5,561,201   

Horizon Global Corporation

     

Term Loan, 7.00%, Maturing May 11, 2022

      469        457,336   

MPG Holdco I, Inc.

     

Term Loan, 3.75%, Maturing October 20, 2021

      2,107        2,099,777   

Schaeffler AG

     

Term Loan, 4.25%, Maturing May 15, 2020

      465        467,446   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  

Automotive (continued)

                   

TI Group Automotive Systems, LLC

     

Term Loan, 4.50%, Maturing June 30, 2022

  EUR     800      $ 868,724   

Term Loan, 4.50%, Maturing June 30, 2022

      1,200        1,192,500   

Tower Automotive Holdings USA, LLC

     

Term Loan, 4.00%, Maturing April 23, 2020

      736        731,096   

Visteon Corporation

     

Term Loan, 3.50%, Maturing April 9, 2021

      627        625,772   
   
      $ 25,919,343   
   

Beverage and Tobacco — 0.4%

  

Flavors Holdings, Inc.

     

Term Loan, 6.75%, Maturing April 3, 2020

      1,247      $ 1,181,703   

Term Loan - Second Lien, 11.00%, Maturing October 3, 2021

      1,000        945,000   
   
      $ 2,126,703   
   

Brokerage / Securities Dealers / Investment Houses — 0.3%

  

Astro AB Borrower, Inc.

     

Term Loan, 5.50%, Maturing April 30, 2022

      324      $ 324,390   

Term Loan - Second Lien, 9.75%, Maturing March 3, 2023

      275        275,000   

Salient Partners L.P.

     

Term Loan, 7.50%, Maturing May 19, 2021

      790        774,200   
   
      $ 1,373,590   
   

Building and Development — 2.9%

  

ABC Supply Co., Inc.

     

Term Loan, 3.50%, Maturing April 16, 2020

      1,250      $ 1,244,034   

Auction.com, LLC

     

Term Loan, 6.00%, Maturing May 8, 2022

      1,020        1,012,226   

CPG International, Inc.

     

Term Loan, 4.75%, Maturing September 30, 2020

      613        608,289   

DTZ U.S. Borrower, LLC

     

Term Loan, 4.25%, Maturing November 4, 2021

      2,594        2,573,644   

Gates Global, Inc.

     

Term Loan, 4.25%, Maturing July 5, 2021

      4,477        4,223,720   

Headwaters, Inc.

     

Term Loan, 4.50%, Maturing March 24, 2022

      200        200,622   

Quikrete Holdings, Inc.

     

Term Loan, 4.00%, Maturing September 28, 2020

      922        920,556   

Term Loan - Second Lien, 7.00%, Maturing March 26, 2021

      1,000        1,003,125   

RE/MAX International, Inc.

     

Term Loan, 4.25%, Maturing July 31, 2020

      1,502        1,492,645   
 

 

  6   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2015

 

Portfolio of Investments — continued

 

 

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

Building and Development (continued)

  

Realogy Corporation

     

Term Loan, 3.75%, Maturing March 5, 2020

      975      $ 975,583   

Summit Materials Companies I, LLC

     

Term Loan, 4.25%, Maturing July 17, 2022

      623        623,243   

WireCo WorldGroup, Inc.

     

Term Loan, 6.00%, Maturing February 15, 2017

      573        572,503   
   
      $ 15,450,190   
   

Business Equipment and Services — 10.9%

  

Acosta Holdco, Inc.

     

Term Loan, 4.25%, Maturing September 26, 2021

      3,317      $ 3,235,052   

AlixPartners, LLP

     

Term Loan, 4.50%, Maturing July 28, 2022

      600        600,075   

Altisource Solutions S.a.r.l.

     

Term Loan, 4.50%, Maturing December 9, 2020

      2,799        2,512,069   

BakerCorp International, Inc.

     

Term Loan, 4.25%, Maturing February 14, 2020

      991        919,189   

Brickman Group Ltd., LLC

     

Term Loan, 4.00%, Maturing December 18, 2020

      811        794,489   

Brock Holdings III, Inc.

     

Term Loan, 6.00%, Maturing March 16, 2017

      1,036        1,007,312   

CCC Information Services, Inc.

     

Term Loan, 4.00%, Maturing December 20, 2019

      414        410,774   

Ceridian, LLC

     

Term Loan, 4.50%, Maturing September 15, 2020

      614        565,986   

Corporate Capital Trust, Inc.

     

Term Loan, 4.00%, Maturing May 15, 2019

      936        933,972   

CPM Holdings, Inc.

     

Term Loan, 6.00%, Maturing April 11, 2022

      274        274,827   

Crossmark Holdings, Inc.

     

Term Loan, 4.50%, Maturing December 20, 2019

      1,159        1,010,176   

Education Management, LLC

     

Term Loan, 5.50%, Maturing July 2, 2020(3)

      266        122,250   

Term Loan, 8.50%, (2.00% Cash, 6.50% PIK), Maturing July 2, 2020(3)

      465        114,978   

EIG Investors Corp.

     

Term Loan, 5.00%, Maturing November 9, 2019

      4,650        4,653,031   

Emdeon Business Services, LLC

     

Term Loan, 3.75%, Maturing November 2, 2018

      1,404        1,397,792   

Extreme Reach, Inc.

     

Term Loan, 6.75%, Maturing February 7, 2020

      1,615        1,611,897   

Garda World Security Corporation

     

Term Loan, 4.00%, Maturing November 6, 2020

      110        107,462   

Term Loan, 4.00%, Maturing November 6, 2020

      979        955,654   

Term Loan, 4.75%, Maturing November 6, 2020

  CAD     1,347        1,005,834   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  

Business Equipment and Services (continued)

  

IG Investment Holdings, LLC

     

Term Loan, 6.00%, Maturing October 29, 2021

      1,863      $ 1,862,115   

IMS Health Incorporated

     

Term Loan, 3.50%, Maturing March 17, 2021

      1,938        1,931,449   

Information Resources, Inc.

     

Term Loan, 4.75%, Maturing September 30, 2020

      1,176        1,179,548   

ION Trading Finance Ltd.

     

Term Loan, 4.25%, Maturing June 10, 2021

      475        472,625   

Term Loan, 4.50%, Maturing June 10, 2021

  EUR     1,125        1,240,818   

KAR Auction Services, Inc.

     

Term Loan, 3.50%, Maturing March 11, 2021

      2,680        2,682,938   

Kronos Incorporated

     

Term Loan, 4.50%, Maturing October 30, 2019

      2,365        2,364,767   

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

      1,073        1,088,902   

MCS AMS Sub-Holdings, LLC

     

Term Loan, 7.50%, Maturing October 15, 2019

      934        752,962   

Monitronics International, Inc.

     

Term Loan, 4.25%, Maturing March 23, 2018

      527        524,202   

Term Loan, 4.50%, Maturing April 2, 2022

      672        668,939   

PGX Holdings, Inc.

     

Term Loan, 5.75%, Maturing September 29, 2020

      550        550,185   

RCS Capital Corporation

     

Term Loan, 7.50%, Maturing April 29, 2019

      2,315        2,199,059   

Term Loan - Second Lien, 11.50%, Maturing April 29, 2021

      1,000        920,000   

Sensus USA, Inc.

     

Term Loan, 4.50%, Maturing May 9, 2017

      644        642,167   

Term Loan - Second Lien, 8.50%, Maturing May 9, 2018

      1,000        992,500   

ServiceMaster Company

     

Term Loan, 4.25%, Maturing July 1, 2021

      3,398        3,403,329   

SunGard Data Systems, Inc.

     

Term Loan, 3.94%, Maturing February 28, 2017

      887        887,485   

Term Loan, 4.00%, Maturing March 8, 2020

      5,622        5,625,217   

TNS, Inc.

     

Term Loan, 5.00%, Maturing February 14, 2020

      881        879,496   

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

     

Term Loan, 5.75%, Maturing September 2, 2021

      1,191        1,184,548   

WASH Multifamily Laundry Systems, LLC

     

Term Loan, 4.25%, Maturing May 14, 2022

      45        44,597   

Term Loan, 4.25%, Maturing May 14, 2022

      255        254,653   

West Corporation

     

Term Loan, 3.25%, Maturing June 30, 2018

      3,217        3,193,380   
   
      $ 57,778,700   
   
 

 

  7   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2015

 

Portfolio of Investments — continued

 

 

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

Cable and Satellite Television — 3.5%

  

Cequel Communications, LLC

     

Term Loan, 3.50%, Maturing February 14, 2019

      1,087      $ 1,077,351   

Charter Communications Operating, LLC

     

Term Loan, 3.50%, Maturing January 24, 2023

      2,075        2,075,649   

MCC Iowa, LLC

     

Term Loan, 3.75%, Maturing June 30, 2021

      864        860,390   

Neptune Finco Corp.

     

Term Loan, 5.00%, Maturing October 9, 2022

      3,900        3,918,038   

Numericable Group SA

     

Term Loan, 4.00%, Maturing July 29, 2022

  EUR     700        762,443   

Term Loan, 4.00%, Maturing July 31, 2022

      375        370,039   

Numericable U.S., LLC

     

Term Loan, 4.50%, Maturing May 21, 2020

      1,036        1,024,254   

Term Loan, 4.50%, Maturing May 21, 2020

      1,197        1,183,922   

Virgin Media Investment Holdings Limited

     

Term Loan, 3.50%, Maturing June 30, 2023

      2,629        2,614,219   

Term Loan, 4.25%, Maturing June 30, 2023

  GBP     1,475        2,247,569  

Ziggo B.V.

     

Term Loan, 3.75%, Maturing January 15, 2022

  EUR     382        414,680   

Term Loan, 3.75%, Maturing January 15, 2022

  EUR     593        643,700   

Term Loan, 3.75%, Maturing January 15, 2022

  EUR     1,074        1,165,107   
   
      $ 18,357,361   
   

Chemicals and Plastics — 7.5%

  

Allnex (Luxembourg) & Cy S.C.A.

     

Term Loan, 4.50%, Maturing October 3, 2019

      273      $ 274,021   

Allnex USA, Inc.

     

Term Loan, 4.50%, Maturing October 3, 2019

      142        142,177   

Aruba Investments, Inc.

     

Term Loan, 4.50%, Maturing February 2, 2022

      301        299,611   

Axalta Coating Systems US Holdings, Inc.

     

Term Loan, 3.75%, Maturing February 1, 2020

      3,562        3,557,721   

AZ Chem US, Inc.

     

Term Loan, 4.50%, Maturing June 12, 2021

      1,978        1,978,764   

Chemours Company (The)

     

Term Loan, 3.75%, Maturing May 12, 2022

      2,519        2,300,400   

ECO Services Operations, LLC

     

Term Loan, 4.75%, Maturing December 4, 2021

      1,193        1,182,551   

Emerald Performance Materials, LLC

     

Term Loan, 4.50%, Maturing August 1, 2021

      520        517,855   

Term Loan - Second Lien, 7.75%, Maturing August 1, 2022

      550        542,208   

Flint Group GmbH

     

Term Loan, 4.50%, Maturing September 7, 2021

      147        146,220   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  

Chemicals and Plastics (continued)

  

Flint Group US, LLC

     

Term Loan, 4.50%, Maturing September 7, 2021

      892      $ 887,390   

Gemini HDPE, LLC

     

Term Loan, 4.75%, Maturing August 7, 2021

      2,223        2,221,717   

Huntsman International, LLC

     

Term Loan, 3.75%, Maturing October 1, 2021

      990        978,462   

Ineos Finance, PLC

     

Term Loan, 4.25%, Maturing March 31, 2022

  EUR     423        455,859   

Ineos Group Holdings S.A.

     

Term Loan, 4.00%, Maturing December 15, 2020

  EUR     990        1,063,729   

Ineos US Finance, LLC

     

Term Loan, 3.75%, Maturing May 4, 2018

      4,134        4,097,198   

Term Loan, 4.25%, Maturing March 31, 2022

      696        688,663   

Kronos Worldwide, Inc.

     

Term Loan, 4.00%, Maturing February 18, 2020

      296        269,792  

MacDermid, Inc.

     

Term Loan, 4.50%, Maturing June 7, 2020

      1,302        1,262,933   

Term Loan, 4.75%, Maturing June 7, 2020

      596        575,216   

Minerals Technologies, Inc.

     

Term Loan, 3.75%, Maturing May 9, 2021

      1,299        1,297,636   

Omnova Solutions, Inc.

     

Term Loan, 4.25%, Maturing May 31, 2018

      953        945,356   

Orion Engineered Carbons GmbH

     

Term Loan, 5.00%, Maturing July 25, 2021

      569        570,673   

Term Loan, 5.00%, Maturing July 25, 2021

  EUR     965        1,068,602   

OXEA Finance, LLC

     

Term Loan, 4.25%, Maturing January 15, 2020

      686        660,275   

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

      1,000        902,500  

PQ Corporation

     

Term Loan, 4.00%, Maturing August 7, 2017

      1,143        1,141,081   

Solenis International L.P.

     

Term Loan, 4.25%, Maturing July 31, 2021

      297        292,777   

Term Loan, 4.50%, Maturing July 31, 2021

  EUR     965        1,063,593   

Sonneborn Refined Products B.V.

     

Term Loan, 4.75%, Maturing December 10, 2020

      71        70,760  

Sonneborn, LLC

     

Term Loan, 4.75%, Maturing December 10, 2020

      401        400,972   

Trinseo Materials Operating S.C.A.

     

Term Loan, 4.25%, Maturing November 5, 2021

      324        322,668   

Tronox Pigments (Netherlands) B.V.

     

Term Loan, 4.25%, Maturing March 19, 2020

      2,952        2,722,668  

Univar, Inc.

     

Term Loan, 4.25%, Maturing July 1, 2022

      3,250        3,203,571   
 

 

  8   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2015

 

Portfolio of Investments — continued

 

 

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

Chemicals and Plastics (continued)

  

Zep, Inc.

     

Term Loan, 5.75%, Maturing June 27, 2022

      1,347      $ 1,341,575   
   
      $ 39,447,194   
   

Clothing / Textiles — 0.3%

  

Ascena Retail Group, Inc.

     

Term Loan, 5.25%, Maturing August 21, 2022

      1,625      $ 1,563,047   
   
      $ 1,563,047   
   

Conglomerates — 0.7%

  

Bestway UK Holdco Limited

     

Term Loan, 5.26%, Maturing October 6, 2021

  GBP     1,103      $ 1,701,338   

RGIS Services, LLC

     

Term Loan, 5.50%, Maturing October 18, 2017

      2,806        2,174,446   
   
      $ 3,875,784   
   

Containers and Glass Products — 2.8%

  

Berry Plastics Holding Corporation

     

Term Loan, 3.50%, Maturing February 8, 2020

      2,121      $ 2,105,310   

Term Loan, 3.75%, Maturing January 6, 2021

      612        611,864   

Term Loan, 4.00%, Maturing October 1, 2022

      1,125        1,128,438   

Hilex Poly Co., LLC

     

Term Loan, 6.00%, Maturing December 5, 2021

      1,489        1,491,851   

Libbey Glass, Inc.

     

Term Loan, 3.75%, Maturing April 9, 2021

      395        393,437   

Onex Wizard Acquisition Company I S.a.r.l.

     

Term Loan, 4.25%, Maturing March 13, 2022

  EUR     1,990        2,197,537   

Onex Wizard US Acquisition, Inc.

     

Term Loan, 4.25%, Maturing March 13, 2022

      1,219        1,220,314   

Pelican Products, Inc.

     

Term Loan, 5.25%, Maturing April 10, 2020

      370        367,979   

Reynolds Group Holdings, Inc.

     

Term Loan, 4.50%, Maturing December 1, 2018

      2,770        2,777,917   

TricorBraun, Inc.

     

Term Loan, 4.00%, Maturing May 3, 2018

      574        571,793   

Verallia

     

Term Loan, Maturing July 24,
2022(2)

  EUR     1,650        1,822,523   
   
      $ 14,688,963   
   

Cosmetics / Toiletries — 1.7%

  

Coty, Inc.

     

Term Loan, Maturing September 24, 2022(2)

      875      $ 879,102   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  

Cosmetics / Toiletries (continued)

 

Galleria Co.

     

Term Loan, Maturing September 22, 2022(2)

      1,725      $ 1,730,930   

KIK Custom Products, Inc.

     

Term Loan, 6.00%, Maturing August 26, 2022

      1,575        1,543,009   

Prestige Brands, Inc.

     

Term Loan, 3.50%, Maturing September 3, 2021

      719        719,780   

Revlon Consumer Products Corporation

     

Term Loan, 4.00%, Maturing October 8, 2019

      1,182        1,182,842   

Sun Products Corporation (The)

     

Term Loan, 5.50%, Maturing March 23, 2020

      3,111       3,015,266   
   
      $ 9,070,929   
   

Drugs — 3.0%

 

Alkermes, Inc.

     

Term Loan, 3.50%, Maturing September 18, 2019

      365      $ 364,814   

AMAG Pharmaceuticals, Inc.

     

Term Loan, 4.75%, Maturing August 13, 2021

      1,075        1,053,500   

DPx Holdings B.V.

     

Term Loan, 4.25%, Maturing March 11, 2021

      864        848,293   

Term Loan, 4.50%, Maturing March 11, 2021

  EUR     296        326,341   

Term Loan, 4.50%, Maturing March 11, 2021

  EUR     696        767,218   

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

     

Term Loan, 3.75%, Maturing September 26, 2022

      2,625        2,587,922   

Mallinckrodt International Finance S.A.

     

Term Loan, 3.25%, Maturing March 19, 2021

      1,502        1,430,565   

Valeant Pharmaceuticals International, Inc.

     

Term Loan, 3.75%, Maturing December 11, 2019

      2,561        2,401,765   

Term Loan, 3.75%, Maturing August 5, 2020

      3,125        2,912,567   

Term Loan, 4.00%, Maturing April 1, 2022

      3,607        3,360,836   
   
      $ 16,053,821   
   

Ecological Services and Equipment — 1.1%

  

ADS Waste Holdings, Inc.

     

Term Loan, 3.75%, Maturing October 9, 2019

      3,703      $ 3,663,311   

EnergySolutions, LLC

     

Term Loan, 6.75%, Maturing May 29, 2020

      2,197        2,153,235   
   
      $ 5,816,546   
   

Electronics / Electrical — 13.2%

  

Answers Corporation

     

Term Loan, 6.25%, Maturing October 3, 2021

      2,087      $ 1,523,318   

Avago Technologies Cayman Ltd.

     

Term Loan, 3.75%, Maturing May 6, 2021

      5,323        5,327,611   
 

 

  9   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2015

 

Portfolio of Investments — continued

 

 

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

Electronics / Electrical (continued)

  

Campaign Monitor Finance Pty. Limited

     

Term Loan, 6.25%, Maturing March 18, 2021

      709      $ 705,649   

Carros Finance Luxembourg S.a.r.l.

     

Term Loan, 4.50%, Maturing September 30, 2021

      347        346,067  

CommScope, Inc.

     

Term Loan, 3.75%, Maturing December 29, 2022

      925        925,290   

CompuCom Systems, Inc.

     

Term Loan, 4.25%, Maturing May 11, 2020

      1,195        945,837   

Dell International, LLC

     

Term Loan, 4.00%, Maturing April 29, 2020

      5,871        5,877,445  

Deltek, Inc.

     

Term Loan, 5.00%, Maturing June 25, 2022

      299        299,375   

Term Loan - Second Lien, 9.50%, Maturing June 25, 2023

      400        401,333   

Entegris, Inc.

     

Term Loan, 3.50%, Maturing April 30, 2021

      336        334,867   

Excelitas Technologies Corp.

     

Term Loan, 6.00%, Maturing October 31, 2020

      824        795,319   

Eze Castle Software, Inc.

     

Term Loan, 4.00%, Maturing April 6, 2020

      1,485        1,476,347   

FIDJI Luxembourg (BC4) S.a.r.l.

     

Term Loan, 6.25%, Maturing December 24, 2020

      558        558,000   

Freescale Semiconductor, Inc.

     

Term Loan, 4.25%, Maturing February 28, 2020

      1,845        1,846,025   

Go Daddy Operating Company, LLC

     

Term Loan, 4.25%, Maturing May 13, 2021

      4,488        4,501,076   

Hyland Software, Inc.

     

Term Loan, 4.75%, Maturing July 1, 2022

      589        585,685   

Term Loan - Second Lien, 8.25%, Maturing July 1, 2023

      550        547,250   

Infor (US), Inc.

     

Term Loan, 3.75%, Maturing June 3, 2020

      5,185        5,055,942  

Informatica Corporation

     

Term Loan, 4.50%, Maturing August 5, 2022

      3,425        3,392,534   

Lattice Semiconductor Corporation

     

Term Loan, 5.25%, Maturing March 10, 2021

      572        529,216   

M/A-COM Technology Solutions Holdings, Inc.

     

Term Loan, 4.50%, Maturing May 7, 2021

      518        520,382   

MA FinanceCo., LLC

     

Term Loan, 4.50%, Maturing November 20, 2019

      1,045        1,044,674   

Term Loan, 5.25%, Maturing November 19, 2021

      1,959        1,960,121   

Magic Newco, LLC

     

Term Loan, 5.00%, Maturing December 12, 2018

      1,358        1,359,561   

MH Sub I, LLC

     

Term Loan, 4.75%, Maturing July 8, 2021

      1,238        1,227,877   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  

Electronics / Electrical (continued)

  

Microsemi Corporation

     

Term Loan, 3.25%, Maturing February 19, 2020

      580      $ 577,797   

Orbotech, Inc.

     

Term Loan, 5.00%, Maturing August 6, 2020

      405        403,692   

Renaissance Learning, Inc.

     

Term Loan, 4.50%, Maturing April 9, 2021

      2,182        2,118,284   

Term Loan - Second Lien, 8.00%, Maturing April 11, 2022

      225        217,125   

Rocket Software, Inc.

     

Term Loan, 5.75%, Maturing February 8, 2018

      1,192        1,194,346   

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

      750        749,375   

RP Crown Parent, LLC

     

Term Loan, 6.00%, Maturing December 21, 2018

      5,701        5,223,496   

SGS Cayman L.P.

     

Term Loan, 6.00%, Maturing April 23, 2021

      201        201,458   

SkillSoft Corporation

     

Term Loan, 5.75%, Maturing April 28, 2021

      3,565        2,981,605   

Smart Technologies ULC

     

Term Loan, 10.50%, Maturing January 31, 2018

      553        552,500   

SS&C Technologies, Inc.

     

Term Loan, 4.00%, Maturing July 8, 2022

      309        310,066   

Term Loan, 4.00%, Maturing July 8, 2022

      1,995        2,003,942   

SunEdison Semiconductor B.V.

     

Term Loan, 6.50%, Maturing May 27, 2019

      2,332        2,337,648  

SurveyMonkey, Inc.

     

Term Loan, 6.25%, Maturing February 5, 2019

      2,022        1,981,705   

Sutherland Global Services, Inc.

     

Term Loan, 6.00%, Maturing April 23, 2021

      863        865,453   

Sybil Software, LLC

     

Term Loan, 4.25%, Maturing March 20, 2020

      1,621        1,619,458  

Vertafore, Inc.

     

Term Loan, 4.25%, Maturing October 3, 2019

      913        913,667   

Wall Street Systems Delaware, Inc.

     

Term Loan, 4.50%, Maturing April 30, 2021

      1,318        1,317,097   

Zebra Technologies Corporation

     

Term Loan, 4.75%, Maturing October 27, 2021

      1,999        2,015,665   
   
      $ 69,671,180   
   

Financial Intermediaries — 4.6%

  

Armor Holding II, LLC

     

Term Loan, 5.75%, Maturing June 26, 2020

      1,982      $ 1,964,658   

Term Loan - Second Lien, 10.25%, Maturing December 26, 2020

      1,525        1,505,937   
 

 

  10   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2015

 

Portfolio of Investments — continued

 

 

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

Financial Intermediaries (continued)

  

Citco Funding, LLC

     

Term Loan, 4.25%, Maturing June 29, 2018

      1,993      $ 1,998,946   

First Data Corporation

     

Term Loan, 3.70%, Maturing March 24, 2018

      4,961        4,932,679   

Term Loan, 3.70%, Maturing September 24, 2018

      1,875        1,865,040   

Term Loan, 3.95%, Maturing July 8, 2022

      750        752,812   

Grosvenor Capital Management Holdings, LLP

     

Term Loan, 3.75%, Maturing January 4, 2021

      1,158        1,153,271   

Guggenheim Partners, LLC

     

Term Loan, 4.25%, Maturing July 22, 2020

      1,327        1,328,361   

Hamilton Lane Advisors, LLC

     

Term Loan, 4.25%, Maturing July 9, 2022

      500        500,469   

Harbourvest Partners, LLC

     

Term Loan, 3.25%, Maturing February 4, 2021

      756        751,652  

Medley, LLC

     

Term Loan, 6.50%, Maturing June 15, 2019

      497        496,591   

MIP Delaware, LLC

     

Term Loan, 4.00%, Maturing March 9, 2020

      437        435,371   

NXT Capital, Inc.

     

Term Loan, 6.25%, Maturing September 4, 2018

      123        123,423   

Term Loan, 6.25%, Maturing September 4, 2018

      672        673,253   

Term Loan, 6.25%, Maturing September 4, 2018

      735        736,838   

Ocwen Financial Corporation

     

Term Loan, 5.50%, Maturing February 15, 2018

      1,201        1,204,400   

Sesac Holdco II, LLC

     

Term Loan, 5.25%, Maturing February 8, 2019

      962        952,336   

Starwood Property Trust, Inc.

     

Term Loan, 3.50%, Maturing April 17, 2020

      268        266,114   

Walker & Dunlop, Inc.

     

Term Loan, 5.25%, Maturing December 11, 2020

      627        628,192   

Walter Investment Management Corp.

     

Term Loan, 4.75%, Maturing December 19, 2020

      2,311        2,129,916   
   
      $ 24,400,259   
   

Food Products — 4.2%

                   

AdvancePierre Foods, Inc.

     

Term Loan, 5.75%, Maturing July 10, 2017

      3,607      $ 3,614,646   

Blue Buffalo Company Ltd.

     

Term Loan, 3.75%, Maturing August 8, 2019

      1,261        1,262,072   

Charger OpCo B.V.

     

Term Loan, 4.25%, Maturing July 2, 2022

  EUR     705        778,015   

Term Loan, 4.25%, Maturing July 2, 2022

      2,115        2,110,565   

Clearwater Seafoods Limited Partnership

     

Term Loan, 4.75%, Maturing June 26, 2019

      903        902,735   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  

Food Products (continued)

  

Del Monte Foods, Inc.

     

Term Loan, 4.25%, Maturing February 18, 2021

      2,694      $ 2,638,490   

Diamond Foods, Inc.

     

Term Loan, 4.25%, Maturing August 20, 2018

      192        192,121   

Dole Food Company, Inc.

     

Term Loan, 4.50%, Maturing November 1, 2018

      1,271        1,272,613   

High Liner Foods, Inc.

     

Term Loan, 4.25%, Maturing April 24, 2021

      837        834,460   

JBS USA, LLC

     

Term Loan, 3.75%, Maturing May 25, 2018

      862        861,825   

Term Loan, 3.75%, Maturing September 18, 2020

      1,544        1,544,079   

Term Loan, 4.00%, Maturing October 30, 2022

      675        675,840  

NBTY, Inc.

     

Term Loan, 3.50%, Maturing October 1, 2017

      5,409        5,373,165   

Post Holdings, Inc.

     

Term Loan, 3.75%, Maturing June 2, 2021

      266        266,659   
   
      $ 22,327,285   
   

Food Service — 4.1%

  

1011778 B.C. Unlimited Liability Company

     

Term Loan, 3.75%, Maturing December 12, 2021

      4,700      $ 4,707,121   

Aramark Services, Inc.

     

Term Loan, 3.69%, Maturing July 26, 2016

      74        73,555   

Term Loan, 3.69%, Maturing July 26, 2016

      134        132,324   

ARG IH Corporation

     

Term Loan, 4.76%, Maturing November 15, 2020

      266        266,816   

CEC Entertainment, Inc.

     

Term Loan, 4.00%, Maturing February 14, 2021

      714        693,148   

Centerplate, Inc.

     

Term Loan, 4.75%, Maturing November 26, 2019

      1,007        1,002,424  

Landry’s, Inc.

     

Term Loan, 4.00%, Maturing April 24, 2018

      2,119        2,124,437   

NPC International, Inc.

     

Term Loan, 4.00%, Maturing December 28, 2018

      1,641        1,624,708   

P.F. Chang’s China Bistro, Inc.

     

Term Loan, 4.25%, Maturing July 2, 2019

      403        393,883   

Seminole Hard Rock Entertainment, Inc.

     

Term Loan, 3.50%, Maturing May 14, 2020

      269        264,780   

US Foods, Inc.

     

Term Loan, 4.50%, Maturing March 31, 2019

      4,863        4,870,133   

Weight Watchers International, Inc.

     

Term Loan, 4.00%, Maturing April 2, 2020

      6,752        5,272,087   
   
      $ 21,425,416   
   
 

 

  11   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2015

 

Portfolio of Investments — continued

 

 

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

Food / Drug Retailers — 3.6%

  

Albertsons, LLC

     

Term Loan, 5.38%, Maturing March 21, 2019

      2,311      $ 2,311,951   

Term Loan, 5.00%, Maturing August 25, 2019

      3,169        3,170,731   

Term Loan, 5.50%, Maturing August 25, 2021

      893        894,582   

New Albertsons, Inc.

     

Term Loan, 4.75%, Maturing June 27, 2021

      4,709        4,692,128   

Rite Aid Corporation

     

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

      1,450        1,464,500   

Term Loan - Second Lien, 4.88%, Maturing June 21, 2021

      1,500        1,505,391  

Supervalu, Inc.

     

Term Loan, 4.50%, Maturing March 21, 2019

      4,754        4,754,115   
   
      $ 18,793,398   
   

Health Care — 15.8%

                   

Acadia Healthcare Company, Inc.

     

Term Loan, 4.25%, Maturing February 11, 2022

      248      $ 249,335   

ADMI Corp.

     

Term Loan, 5.50%, Maturing April 30, 2022

      324        324,998  

Akorn, Inc.

     

Term Loan, 5.50%, Maturing April 16, 2021

      1,040        1,029,105   

Albany Molecular Research, Inc.

     

Term Loan, 5.75%, Maturing July 16, 2021

      700        700,875  

Alere, Inc.

     

Term Loan, 4.25%, Maturing June 18, 2022

      1,721        1,723,909   

Alliance Healthcare Services, Inc.

     

Term Loan, 4.25%, Maturing June 3, 2019

      1,208        1,203,223   

Amneal Pharmaceuticals, LLC

     

Term Loan, 4.50%, Maturing November 1, 2019

      1,723        1,720,539  

AmSurg Corp.

     

Term Loan, 3.50%, Maturing July 16, 2021

      593        590,170   

Ardent Legacy Acquisitions, Inc.

     

Term Loan, 6.50%, Maturing July 21, 2021

      500        500,625   

ATI Holdings, Inc.

     

Term Loan, 5.25%, Maturing December 20, 2019

      933        929,849   

Auris Luxembourg III S.a.r.l.

     

Term Loan, 4.25%, Maturing January 15, 2022

      771        770,648  

BioScrip, Inc.

     

Term Loan, 6.50%, Maturing July 31, 2020

      1,013        931,500   

Term Loan, 6.50%, Maturing July 31, 2020

      1,688        1,552,500   

BSN Medical, Inc.

     

Term Loan, 4.00%, Maturing August 28, 2019

      569        564,611   

CareCore National, LLC

     

Term Loan, 5.50%, Maturing March 5, 2021

      3,034        2,730,483   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  

Health Care (continued)

                   

CeramTec Acquisition Corporation

     

Term Loan, 4.25%, Maturing August 30, 2020

      33      $ 32,813   

CHG Healthcare Services, Inc.

     

Term Loan, 4.25%, Maturing November 19, 2019

      1,149        1,147,116   

Community Health Systems, Inc.

     

Term Loan, 3.75%, Maturing December 31, 2019

      2,590        2,582,245   

Term Loan, 4.00%, Maturing January 27, 2021

      4,765        4,759,125   

Concentra, Inc.

     

Term Loan, 4.00%, Maturing June 1, 2022

      299        299,497  

Convatec, Inc.

     

Term Loan, 4.25%, Maturing June 15, 2020

      1,316        1,315,603   

CPI Buyer, LLC

     

Term Loan, 5.50%, Maturing August 18, 2021

      1,015        1,004,605   

DaVita HealthCare Partners, Inc.

     

Term Loan, 3.50%, Maturing June 24, 2021

      3,185        3,191,500   

DJO Finance, LLC

     

Term Loan, 4.25%, Maturing June 8, 2020

      2,145        2,131,221   

Envision Healthcare Corporation

     

Term Loan, 4.00%, Maturing May 25, 2018

      1,977        1,976,167   

Faenza Acquisition GmbH

     

Term Loan, 4.25%, Maturing August 30, 2020

      96        96,609   

Term Loan, 4.25%, Maturing August 30, 2020

      319        319,200   

Global Healthcare Exchange, LLC

     

Term Loan, 5.50%, Maturing August 15, 2022

      1,075        1,073,321  

Greatbatch Ltd.

     

Term Loan, 5.25%, Maturing September 22, 2022

      950        954,156   

Horizon Pharma, Inc.

     

Term Loan, 4.50%, Maturing May 7, 2021

      1,222        1,142,512   

Iasis Healthcare, LLC

     

Term Loan, 4.50%, Maturing May 3, 2018

      1,600        1,605,599   

Indivior Finance S.a.r.l.

     

Term Loan, 7.00%, Maturing December 19, 2019

      987        917,503   

inVentiv Health, Inc.

     

Term Loan, 7.75%, Maturing May 15, 2018

      2,007        2,006,091   

Term Loan, 7.75%, Maturing May 15, 2018

      2,378        2,373,577   

Jaguar Holding Company II

     

Term Loan, 4.25%, Maturing August 18, 2022

      4,389        4,337,794   

Kindred Healthcare, Inc.

     

Term Loan, 4.25%, Maturing April 9, 2021

      1,481        1,479,387   

Kinetic Concepts, Inc.

     

Term Loan, 4.50%, Maturing May 4, 2018

      4,439        4,444,993   

Knowledge Universe Education, LLC

     

Term Loan, 6.00%, Maturing July 28, 2022

      1,125        1,113,750   

LHP Hospital Group, Inc.

     

Term Loan, 9.00%, Maturing July 3, 2018

      1,741        1,680,085   
 

 

  12   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2015

 

Portfolio of Investments — continued

 

 

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

Health Care (continued)

                   

MedAssets, Inc.

     

Term Loan, 4.00%, Maturing December 13, 2019

      345      $ 343,436   

Millennium Health, LLC

     

Term Loan, 5.25%, Maturing April 16, 2021

      6,135        2,193,413   

MMM Holdings, Inc.

     

Term Loan, 9.75%, Maturing December 12, 2017

      526        389,425   

MSO of Puerto Rico, Inc.

     

Term Loan, 9.75%, Maturing December 12, 2017

      383        283,110   

National Mentor Holdings, Inc.

     

Term Loan, 4.25%, Maturing January 31, 2021

      517        509,368   

Onex Carestream Finance L.P.

     

Term Loan, 5.00%, Maturing June 7, 2019

      3,629        3,465,442   

Opal Acquisition, Inc.

     

Term Loan, 5.00%, Maturing November 27, 2020

      3,120        3,025,978   

Ortho-Clinical Diagnostics, Inc.

     

Term Loan, 4.75%, Maturing June 30, 2021

      3,086        3,048,520   

Physio-Control International, Inc.

     

Term Loan, 5.50%, Maturing June 6, 2022

      450        443,812   

PRA Holdings, Inc.

     

Term Loan, 4.50%, Maturing September 23, 2020

      987        989,271   

Radnet Management, Inc.

     

Term Loan, 4.28%, Maturing October 10, 2018

      1,914        1,913,522  

RCHP, Inc.

     

Term Loan, 5.25%, Maturing April 23, 2019

      2,203        2,182,756   

Sage Products Holdings III, LLC

     

Term Loan, 4.25%, Maturing December 13, 2019

      1,082        1,082,477   

Select Medical Corporation

     

Term Loan, 3.75%, Maturing June 1, 2018

      1,110        1,108,984   

Sterigenics-Nordion Holdings, LLC

     

Term Loan, 4.25%, Maturing May 15, 2022

      700        696,500   

Steward Health Care System, LLC

     

Term Loan, 6.75%, Maturing April 12, 2020

      342        339,448  

Tecomet, Inc.

     

Term Loan, 5.75%, Maturing December 5, 2021

      1,141        1,084,306   

Truven Health Analytics, Inc.

     

Term Loan, 4.50%, Maturing June 6, 2019

      2,098        2,064,040   

U.S. Renal Care, Inc.

     

Term Loan, 4.25%, Maturing July 3, 2019

      788        788,134   
   
      $ 83,458,781   
   

Home Furnishings — 0.3%

  

Serta Simmons Holdings, LLC

     

Term Loan, 4.25%, Maturing October 1, 2019

    $ 1,461      $ 1,463,528   
   
      $ 1,463,528   
   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  

Industrial Equipment — 3.9%

  

Apex Tool Group, LLC

     

Term Loan, 4.50%, Maturing January 31, 2020

      707      $ 691,559   

Delachaux S.A.

     

Term Loan, 4.50%, Maturing October 28, 2021

      433        432,431   

Doosan Infracore International, Inc.

     

Term Loan, 4.50%, Maturing May 28, 2021

      1,002        1,004,973   

Filtration Group Corporation

     

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

      262        261,652   

Gardner Denver, Inc.

     

Term Loan, 4.25%, Maturing July 30, 2020

      3,199        3,007,372   

Term Loan, 4.75%, Maturing July 30, 2020

  EUR     392        406,142   

Husky Injection Molding Systems Ltd.

     

Term Loan, 4.25%, Maturing June 30, 2021

      2,754        2,705,176   

Term Loan - Second Lien, 7.25%, Maturing June 30, 2022

      430        423,279  

Milacron, LLC

     

Term Loan, 4.50%, Maturing September 28, 2020

      1,122        1,127,377   

Paladin Brands Holding, Inc.

     

Term Loan, 7.25%, Maturing August 16, 2019

      672        657,257  

Rexnord, LLC

     

Term Loan, 4.00%, Maturing August 21, 2020

      4,533        4,487,175   

Signode Industrial Group US, Inc.

     

Term Loan, 3.75%, Maturing May 1, 2021

      1,053        1,037,681   

STS Operating, Inc.

     

Term Loan, 4.75%, Maturing February 12, 2021

      296        289,590   

Tank Holding Corp.

     

Term Loan, 5.25%, Maturing March 16, 2022

      745        739,835   

Terex Corporation

     

Term Loan, 3.50%, Maturing August 13, 2021

  EUR     1,559        1,701,770  

Unifrax Corporation

     

Term Loan, 4.25%, Maturing November 28, 2018

      269        267,133   

VAT Lux III S.a.r.l.

     

Term Loan, 4.25%, Maturing February 11, 2021

      332        331,276  

Wittur GmbH

     

Term Loan, 6.00%, Maturing February 10, 2022

  EUR     900        971,129   
   
      $ 20,542,807   
   

Insurance — 4.9%

  

Alliant Holdings I, Inc.

     

Term Loan, 4.50%, Maturing August 12, 2022

      1,895      $ 1,878,075   

AmWINS Group, LLC

     

Term Loan, 5.25%, Maturing September 6, 2019

      4,699        4,721,020   
 

 

  13   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2015

 

Portfolio of Investments — continued

 

 

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

Insurance (continued)

  

AssuredPartners, Inc.

     

Term Loan, 5.75%, Maturing October 21, 2022

      750     $ 752,344   

Term Loan - Second Lien, 10.00%, Maturing October 20, 2023

      700        684,250  

Asurion, LLC

     

Term Loan, 5.00%, Maturing May 24, 2019

      4,003        3,831,784   

Term Loan, 5.00%, Maturing August 4, 2022

      5,087        4,822,713   

Term Loan - Second Lien, 8.50%, Maturing March 3, 2021

      2,300        2,080,350   

CGSC of Delaware Holding Corporation

     

Term Loan, 5.00%, Maturing April 16, 2020

      464        421,750   

Cunningham Lindsey U.S., Inc.

     

Term Loan, 5.00%, Maturing December 10, 2019

      858        677,938   

Term Loan - Second Lien, 9.25%, Maturing June 10, 2020(3)

      1,000        670,000   

Hub International Limited

     

Term Loan, 4.00%, Maturing October 2, 2020

      2,769        2,708,146  

USI, Inc.

     

Term Loan, 4.25%, Maturing December 27, 2019

      2,736        2,711,768   
   
      $ 25,960,138   
   

Leisure Goods / Activities / Movies — 5.8%

  

Ancestry.com, Inc.

     

Term Loan, 5.00%, Maturing August 17, 2022

      1,525      $ 1,527,542   

Aufinco Pty. Limited

     

Term Loan, 4.00%, Maturing May 29, 2020

      464        463,442   

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

      1,000        990,000   

Bombardier Recreational Products, Inc.

     

Term Loan, 3.75%, Maturing January 30, 2019

      3,225        3,226,587   

Bright Horizons Family Solutions, Inc.

     

Term Loan, 3.75%, Maturing January 30, 2020

      875        877,617   

CDS U.S. Intermediate Holdings, Inc.

     

Term Loan, 5.00%, Maturing July 8, 2022

      425        427,178   

ClubCorp Club Operations, Inc.

     

Term Loan, 4.25%, Maturing July 24, 2020

      2,928        2,930,425   

Emerald Expositions Holding, Inc.

     

Term Loan, 4.75%, Maturing June 17, 2020

      941        941,365   

Fender Musical Instruments Corporation

     

Term Loan, 5.75%, Maturing April 3, 2019

      285        284,195   

Lindblad Expeditions, Inc.

     

Term Loan, 5.50%, Maturing May 8, 2021

      137        136,629   

Term Loan, 5.50%, Maturing May 8, 2021

      1,060        1,058,875   

Live Nation Entertainment, Inc.

     

Term Loan, 3.50%, Maturing August 16, 2020

      2,520        2,520,827   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  

Leisure Goods / Activities / Movies (continued)

  

LTF Merger Sub, Inc.

     

Term Loan, 4.25%, Maturing June 10, 2022

      1,347      $ 1,340,944   

Nord Anglia Education Finance, LLC

     

Term Loan, 5.00%, Maturing March 31, 2021

      1,731        1,691,923  

Sabre, Inc.

     

Term Loan, 4.00%, Maturing February 19, 2019

      1,167        1,168,313   

SeaWorld Parks & Entertainment, Inc.

     

Term Loan, 3.00%, Maturing May 14, 2020

      2,750        2,592,164   

Sonifi Solutions, Inc.

     

Term Loan, 6.75%, (1.00% Cash, 5.75% PIK), Maturing March 28, 2018(3)

      1,086        190,056  

SRAM, LLC

     

Term Loan, 4.02%, Maturing April 10, 2020

      1,680        1,587,234   

Steinway Musical Instruments, Inc.

     

Term Loan, 4.75%, Maturing September 19, 2019

      1,982        1,984,542   

Town Sports International, Inc.

     

Term Loan, 4.50%, Maturing November 15, 2020

      1,177        741,337   

WMG Acquisition Corp.

     

Term Loan, 3.75%, Maturing July 1, 2020

      1,034        1,008,101  

Zuffa, LLC

     

Term Loan, 3.75%, Maturing February 25, 2020

      2,820        2,786,438   
   
      $ 30,475,734   
   

Lodging and Casinos — 5.6%

  

Affinity Gaming, LLC

     

Term Loan, 5.25%, Maturing November 9, 2017

      388      $ 390,372   

Amaya Holdings B.V.

     

Term Loan, 5.00%, Maturing August 1, 2021

      3,346        3,277,857   

Term Loan - Second Lien, 8.00%, Maturing August 1, 2022

      1,997        2,011,229   

Boyd Gaming Corporation

     

Term Loan, 4.00%, Maturing August 14, 2020

      406        406,702   

Caesars Entertainment Operating Company

     

Term Loan, 0.00%, Maturing March 1, 2017(5)

      978        897,674   

CityCenter Holdings, LLC

     

Term Loan, 4.25%, Maturing October 16, 2020

      796        796,850   

Four Seasons Holdings, Inc.

     

Term Loan - Second Lien, 6.25%, Maturing December 27, 2020

      3,577        3,576,890   

Gala Group Ltd.

     

Term Loan, 5.51%, Maturing May 27, 2018

  GBP     3,125        4,824,613   

Golden Nugget, Inc.

     

Term Loan, 5.50%, Maturing November 21, 2019

      136        136,478   

Term Loan, 5.50%, Maturing November 21, 2019

      317        318,448   
 

 

  14   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2015

 

Portfolio of Investments — continued

 

 

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

Lodging and Casinos (continued)

  

Hilton Worldwide Finance, LLC

     

Term Loan, 3.50%, Maturing October 26, 2020

      4,364      $ 4,377,919   

La Quinta Intermediate Holdings, LLC

     

Term Loan, 3.75%, Maturing April 14, 2021

      780        774,222   

MGM Resorts International

     

Term Loan, 3.50%, Maturing December 20, 2019

      2,431        2,430,022   

Pinnacle Entertainment, Inc.

     

Term Loan, 3.75%, Maturing August 13, 2020

      323        322,726   

Playa Resorts Holding B.V.

     

Term Loan, 4.00%, Maturing August 9, 2019

      490        484,181   

Scientific Games International, Inc.

     

Term Loan, 6.00%, Maturing October 18, 2020

      3,586        3,513,284   

Term Loan, 6.00%, Maturing October 1, 2021

      844        826,094   

Tropicana Entertainment, Inc.

     

Term Loan, 4.00%, Maturing November 27, 2020

      368        366,581   
   
      $ 29,732,142   
   

Nonferrous Metals / Minerals — 2.7%

  

Alpha Natural Resources, LLC

     

DIP Loan, 10.00%, Maturing January 31, 2017

      400      $ 382,000   

Term Loan, 3.50%, Maturing May 22, 2020

      2,557        1,131,676   

Arch Coal, Inc.

     

Term Loan, 6.25%, Maturing May 16, 2018

      3,538        1,857,612   

Dynacast International, LLC

     

Term Loan, 4.50%, Maturing January 28, 2022

      597        591,396   

Fairmount Minerals Ltd.

     

Term Loan, 4.50%, Maturing September 5, 2019

      3,005        1,820,643   

Murray Energy Corporation

     

Term Loan, 7.00%, Maturing April 16, 2017

      299        198,253   

Term Loan, 7.50%, Maturing April 16, 2020

      1,870        1,237,524   

Noranda Aluminum Acquisition Corporation

     

Term Loan, 5.75%, Maturing February 28, 2019

      989        635,513  

Novelis, Inc.

     

Term Loan, 4.00%, Maturing June 2, 2022

      2,643        2,592,778   

Oxbow Carbon, LLC

     

Term Loan, 4.25%, Maturing July 19, 2019

      1,394        1,331,428   

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

      2,125        1,939,063   

United Central Industrial Supply Company, LLC

     

Term Loan - Second Lien, 12.50%, Maturing April 9, 2019(3)

      500        308,400   
   
      $ 14,026,286   
   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  

Oil and Gas — 5.2%

  

Ameriforge Group, Inc.

     

Term Loan, 5.00%, Maturing December 19, 2019

      1,125      $ 781,584   

Term Loan - Second Lien, 8.75%, Maturing December 19, 2020(3)

      2,800        1,624,000   

Bronco Midstream Funding, LLC

     

Term Loan, 5.00%, Maturing August 15, 2020

      1,956        1,848,041   

CITGO Holding, Inc.

     

Term Loan, 9.50%, Maturing May 12, 2018

      1,389        1,368,117   

CITGO Petroleum Corporation

     

Term Loan, 4.50%, Maturing July 29, 2021

      965        951,978   

Crestwood Holdings, LLC

     

Term Loan, 7.00%, Maturing June 19, 2019

      1,758        1,432,615   

Drillships Ocean Ventures, Inc.

     

Term Loan, 5.50%, Maturing July 25, 2021

      2,054        1,336,827   

Energy Transfer Equity L.P.

     

Term Loan, 4.00%, Maturing December 2, 2019

      395        384,220   

Fieldwood Energy, LLC

     

Term Loan, 3.88%, Maturing September 28, 2018

      1,030        913,792   

Term Loan - Second Lien, 8.38%, Maturing September 30, 2020

      1,700        643,450   

Floatel International Ltd.

     

Term Loan, 6.00%, Maturing June 27, 2020

      2,197        1,334,870   

MEG Energy Corp.

     

Term Loan, 3.75%, Maturing March 31, 2020

      7,301        6,882,488   

Obsidian Natural Gas Trust

     

Term Loan, 7.00%, Maturing May 2, 2016

      69        68,165   

Paragon Offshore Finance Company

     

Term Loan, 3.75%, Maturing July 18, 2021

      842        332,392   

Samson Investment Company

     

Term Loan - Second Lien, 0.00%, Maturing September 25, 2018(5)

      1,850        106,375   

Seadrill Partners Finco, LLC

     

Term Loan, 4.00%, Maturing February 21, 2021

      4,627        2,720,869   

Seventy Seven Operating, LLC

     

Term Loan, 3.75%, Maturing June 25, 2021

      518        433,760   

Sheridan Investment Partners II L.P.

     

Term Loan, 4.25%, Maturing December 16, 2020

      35        22,628   

Term Loan, 4.25%, Maturing December 16, 2020

      94        60,673   

Term Loan, 4.25%, Maturing December 16, 2020

      679        436,160   

Sheridan Production Partners I, LLC

     

Term Loan, 4.25%, Maturing October 1, 2019(3)

      204        135,870   

Term Loan, 4.25%, Maturing October 1, 2019(3)

      335        222,444   

Term Loan, 4.25%, Maturing October 1, 2019(3)

      2,524        1,678,722   

Southcross Holdings Borrower L.P.

     

Term Loan, 6.00%, Maturing August 4, 2021

      395        298,225   
 

 

  15   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2015

 

Portfolio of Investments — continued

 

 

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

Oil and Gas (continued)

  

Targa Resources Corp.

     

Term Loan, 5.75%, Maturing February 25, 2022

      260      $ 260,140   

Tervita Corporation

     

Term Loan, 6.25%, Maturing May 15, 2018

      1,895        1,481,848   
   
      $ 27,760,253   
   

Publishing — 3.0%

  

682534 N.B., Inc.

     

Term Loan, 10.00%, Maturing October 1, 2020(3)

      321      $ 256,873   

Ascend Learning, LLC

     

Term Loan, 5.50%, Maturing July 31, 2019

      1,749        1,751,086   

Getty Images, Inc.

     

Term Loan, 4.75%, Maturing October 18, 2019

      5,384        3,616,369   

Interactive Data Corporation

     

Term Loan, 4.75%, Maturing May 2, 2021

      1,580        1,581,640   

Laureate Education, Inc.

     

Term Loan, 5.00%, Maturing June 15, 2018

      3,907        3,374,352   

McGraw-Hill Global Education Holdings, LLC

     

Term Loan, 4.75%, Maturing March 22, 2019

      688        690,383   

Merrill Communications, LLC

     

Term Loan, 6.25%, Maturing June 1, 2022

      596        585,974   

Multi Packaging Solutions, Inc.

     

Term Loan, 4.25%, Maturing September 30, 2020

      300        298,242   

Penton Media, Inc.

     

Term Loan, 5.00%, Maturing October 3, 2019

      608        604,717  

ProQuest, LLC

     

Term Loan, 5.25%, Maturing October 24, 2021

      1,667        1,659,073   

Springer Science+Business Media Deutschland GmbH

     

Term Loan, 4.75%, Maturing August 14, 2020

      1,426        1,413,545   
   
      $ 15,832,254   
   

Radio and Television — 4.1%

  

ALM Media Holdings, Inc.

     

Term Loan, 5.50%, Maturing July 31, 2020

      414      $ 385,162   

AP NMT Acquisition B.V.

     

Term Loan, 6.75%, Maturing August 13, 2021

      1,965        1,894,799   

Block Communications, Inc.

     

Term Loan, 5.50%, Maturing November 7, 2021

      223        223,585   

Cumulus Media Holdings, Inc.

     

Term Loan, 4.25%, Maturing December 23, 2020

      4,137        3,529,220   

Entercom Radio, LLC

     

Term Loan, 4.00%, Maturing November 23, 2018

      357        357,356   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  

Radio and Television (continued)

  

Gray Television, Inc.

     

Term Loan, 3.75%, Maturing June 10, 2021

      245      $ 244,654   

Hubbard Radio, LLC

     

Term Loan, 4.25%, Maturing May 27, 2022

      681        669,071  

iHeartCommunications, Inc.

     

Term Loan, 6.94%, Maturing January 30, 2019

      1,132        951,125   

Term Loan, 7.69%, Maturing July 30, 2019

      364        309,408   

Media General, Inc.

     

Term Loan, 4.00%, Maturing July 31, 2020

      1,332        1,330,374   

Mission Broadcasting, Inc.

     

Term Loan, 3.75%, Maturing October 1, 2020

      631        629,061   

Nexstar Broadcasting, Inc.

     

Term Loan, 3.75%, Maturing October 1, 2020

      715        713,365   

Raycom TV Broadcasting, LLC

     

Term Loan, 3.75%, Maturing August 4, 2021

      840        836,061   

Sinclair Television Group, Inc.

     

Term Loan, 3.00%, Maturing April 9, 2020

      488        481,121   

TWCC Holding Corp.

     

Term Loan, 5.75%, Maturing February 11, 2020

      1,978        1,981,415   

Term Loan - Second Lien, 7.00%, Maturing June 26, 2020

      2,375        2,377,969   

Univision Communications, Inc.

     

Term Loan, 4.00%, Maturing March 1, 2020

      4,726        4,696,689   
   
      $ 21,610,435   
   

Retailers (Except Food and Drug) — 8.8%

  

99 Cents Only Stores

     

Term Loan, 4.50%, Maturing January 11, 2019

      1,907      $ 1,526,452   

B&M Retail Limited

     

Term Loan, 3.84%, Maturing May 21, 2019

  GBP     350        532,029   

Term Loan, 4.34%, Maturing April 28, 2020

  GBP     275        421,025   

Bass Pro Group, LLC

     

Term Loan, 4.00%, Maturing June 5, 2020

      2,351        2,338,716  

CDW, LLC

     

Term Loan, 3.25%, Maturing April 29, 2020

      4,852        4,844,686   

David’s Bridal, Inc.

     

Term Loan, 5.25%, Maturing October 11, 2019

      621        528,919   

Dollar Tree, Inc.

     

Term Loan, 3.50%, Maturing July 6, 2022

      2,899        2,907,287   

Evergreen Acqco 1 L.P.

     

Term Loan, 5.00%, Maturing July 9, 2019

      653        561,269   

Harbor Freight Tools USA, Inc.

     

Term Loan, 4.75%, Maturing July 26, 2019

      1,052        1,057,025   

J. Crew Group, Inc.

     

Term Loan, 4.00%, Maturing March 5, 2021

      2,857        2,131,663   
 

 

  16   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2015

 

Portfolio of Investments — continued

 

 

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

Retailers (Except Food and Drug) (continued)

  

Jo-Ann Stores, Inc.

     

Term Loan, 4.00%, Maturing March 16, 2018

      1,811      $ 1,766,066   

Men’s Wearhouse, Inc. (The)

     

Term Loan, 4.50%, Maturing June 18, 2021

      911        913,134   

Michaels Stores, Inc.

     

Term Loan, 3.75%, Maturing January 28, 2020

      2,511        2,513,241   

Term Loan, 4.00%, Maturing January 28, 2020

      988        991,196   

Neiman Marcus Group, Inc. (The)

     

Term Loan, 4.25%, Maturing October 25, 2020

      4,214        4,118,412   

Party City Holdings, Inc.

     

Term Loan, 4.25%, Maturing August 19, 2022

      2,700        2,699,439   

Pep Boys-Manny, Moe & Jack (The)

     

Term Loan, 4.25%, Maturing October 11, 2018

      462        462,515   

Petco Animal Supplies, Inc.

     

Term Loan, 4.00%, Maturing November 24, 2017

      2,153        2,150,944  

PetSmart, Inc.

     

Term Loan, 4.25%, Maturing March 11, 2022

      4,726        4,731,085   

PFS Holding Corporation

     

Term Loan, 4.50%, Maturing January 31, 2021

      1,707        1,591,393   

Pier 1 Imports (U.S.), Inc.

     

Term Loan, 4.50%, Maturing April 30, 2021

      518        502,884   

Pilot Travel Centers, LLC

     

Term Loan, 3.75%, Maturing October 3, 2021

      1,473        1,481,822  

Rent-A-Center, Inc.

     

Term Loan, 3.75%, Maturing March 19, 2021

      493        487,575   

Spin Holdco, Inc.

     

Term Loan, 4.25%, Maturing November 14, 2019

      2,574        2,544,190   

Toys ‘R’ Us Property Company I, LLC

     

Term Loan, 6.00%, Maturing August 21, 2019

      778        725,669  

Vivarte SA

     

Term Loan, 11.00%, (4.00% Cash, 7.00% PIK), Maturing October 29, 2019(6)

  EUR     619        694,678   

Term Loan, 5.00%, (1.25% Cash, 3.75% PIK), Maturing October 29, 2020(7)

  EUR     935        714,526   

Wilton Brands, LLC

     

Term Loan, 8.50%, Maturing August 30, 2018

      517       503,185   
   
      $ 46,441,025   
   

Steel — 1.6%

  

FMG Resources (August 2006) Pty. Ltd.

     

Term Loan, 4.25%, Maturing June 30, 2019

      8,993      $ 7,641,489   

JMC Steel Group, Inc.

     

Term Loan, 4.75%, Maturing April 1, 2017

      669        651,826   

Neenah Foundry Company

     

Term Loan, 6.76%, Maturing April 26, 2017

      387        382,999   
   
      $ 8,676,314   
   
Borrower/Tranche Description        Principal
Amount*
(000’s omitted)
    Value  

Surface Transport — 0.7%

  

Hertz Corporation (The)

     

Term Loan, 3.75%, Maturing March 11, 2018

      1,751      $ 1,749,770   

Kenan Advantage Group, Inc.

     

Term Loan, 1.50%, Maturing January 23, 2017(8)

      48        47,782   

Term Loan, 4.00%, Maturing July 31, 2022

      109        109,133   

Term Loan, 4.00%, Maturing July 31, 2022

      343        342,147   

Stena International S.a.r.l.

     

Term Loan, 4.00%, Maturing March 3, 2021

      1,551        1,326,426   
   
      $ 3,575,258   
   

Telecommunications — 4.0%

  

Intelsat Jackson Holdings S.A.

     

Term Loan, 3.75%, Maturing June 30, 2019

      7,550      $ 7,331,760   

IPC Corp.

     

Term Loan, 5.50%, Maturing August 6, 2021

      2,164        2,139,778   

Mitel US Holdings, Inc.

     

Term Loan, 5.50%, Maturing April 29, 2022

      748        739,943   

Syniverse Holdings, Inc.

     

Term Loan, 4.00%, Maturing April 23, 2019

      1,776        1,625,856   

Term Loan, 4.00%, Maturing April 23, 2019

      1,988        1,819,955   

Telesat Canada

     

Term Loan, 3.50%, Maturing March 28, 2019

      6,604        6,571,445  

Windstream Corporation

     

Term Loan, 3.50%, Maturing August 8, 2019

      885        867,007   
   
      $ 21,095,744   
   

Utilities — 4.0%

  

Calpine Construction Finance Company L.P.

     

Term Loan, 3.00%, Maturing May 3, 2020

      1,026      $ 1,001,999   

Term Loan, 3.25%, Maturing January 31, 2022

      391        382,711  

Calpine Corporation

     

Term Loan, 4.00%, Maturing October 9, 2019

      800        802,251   

Term Loan, 3.50%, Maturing May 27, 2022

      3,167        3,136,712   

Dynegy Holdings, Inc.

     

Term Loan, 4.00%, Maturing April 23, 2020

      947        944,716   

EFS Cogen Holdings I, LLC

     

Term Loan, 3.75%, Maturing December 17, 2020

      445        444,494   

Electrical Components International, Inc.

     

Term Loan, 5.75%, Maturing May 28, 2021

      867        868,717   

Energy Future Intermediate Holding Co., LLC

     

DIP Loan, 4.25%, Maturing June 19, 2016

      1,725        1,726,078   

Granite Acquisition, Inc.

     

Term Loan, 5.00%, Maturing December 19, 2021

      109        106,219   

Term Loan, 5.00%, Maturing December 19, 2021

      2,448        2,395,957   
 

 

  17   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2015

 

Portfolio of Investments — continued

 

 

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

Utilities (continued)

  

Invenergy Thermal Operating I, LLC

     

Term Loan, 6.50%, Maturing October 7, 2022

      200      $ 199,000   

La Frontera Generation, LLC

     

Term Loan, 4.50%, Maturing September 30, 2020

      2,530        2,062,202   

Lonestar Generation, LLC

     

Term Loan, 5.25%, Maturing February 20, 2021

      1,315        1,058,933   

Longview Power, LLC

     

Term Loan, 7.00%, Maturing April 13, 2021

      2,768        2,726,542   

TPF II Power, LLC

     

Term Loan, 5.50%, Maturing October 2, 2021

      1,331        1,332,253   

WTG Holdings III Corp.

     

Term Loan, 4.75%, Maturing January 15, 2021

      393        391,281   

Term Loan - Second Lien, 8.50%, Maturing January 15, 2022

      1,800        1,777,500   
   
      $ 21,357,565   
   

Total Senior Floating-Rate Loans
(identified cost $792,979,692)

      $ 751,340,200   
   
Corporate Bonds & Notes — 9.9%   
     
Security        Principal
Amount*
(000’s omitted)
    Value  

Aerospace and Defense — 0.1%

  

Aerojet Rocketdyne Holdings, Inc.

     

7.125%, 3/15/21

      70      $ 73,937   

CBC Ammo, LLC/CBC FinCo, Inc.

     

7.25%, 11/15/21(9)

      75        70,500   

Orbital ATK, Inc.

     

5.25%, 10/1/21

      45        46,575   

TransDigm, Inc.

     

7.50%, 7/15/21

      10        10,600   

6.00%, 7/15/22

      85        86,275   

6.50%, 7/15/24

      80        81,600   
   
      $ 369,487   
   

Automotive — 0.1%

  

American Axle & Manufacturing, Inc.

     

5.125%, 2/15/19

      20      $ 20,375   

FCA US, LLC/CG Co-Issuer, Inc.

     

8.25%, 6/15/21

      200        215,000   
Security        Principal
Amount*
(000’s omitted)
    Value  

Automotive (continued)

  

General Motors Financial Co., Inc.

     

4.75%, 8/15/17

      70      $ 72,779   

3.25%, 5/15/18

      10        10,128   

Navistar International Corp.

     

8.25%, 11/1/21

      105        82,228   

ZF North America Capital, Inc.

     

4.50%, 4/29/22(9)

      150        151,593   
   
      $ 552,103   
   

Beverage and Tobacco — 0.1%

  

Constellation Brands, Inc.

     

6.00%, 5/1/22

      105      $ 117,600   

4.25%, 5/1/23

      105        107,756   
   
      $ 225,356   
   

Brokerage / Securities Dealers / Investment Houses — 0.0%(10)

  

Alliance Data Systems Corp.

     

6.375%, 4/1/20(9)

      55      $ 56,994   
   
      $ 56,994   
   

Building and Development — 0.2%

  

Builders FirstSource, Inc.

     

10.75%, 8/15/23(9)

      35      $ 36,313   

Building Materials Corp. of America

     

5.375%, 11/15/24(9)

      75        77,531   

6.00%, 10/15/25(9)

      55        58,712   

Greystar Real Estate Partners, LLC

     

8.25%, 12/1/22(9)

      50        52,875   

HD Supply, Inc.

     

7.50%, 7/15/20

      110        117,700   

5.25%, 12/15/21(9)

      40        42,150   

Hillman Group, Inc. (The)

     

6.375%, 7/15/22(9)

      75        70,312   

Nortek, Inc.

     

8.50%, 4/15/21

      40        42,600   

Reliance Intermediate Holdings, L.P.

     

6.50%, 4/1/23(9)

      120        123,600   

TRI Pointe Holdings, Inc.

     

4.375%, 6/15/19

      45        44,944   

5.875%, 6/15/24

      60        60,300   

USG Corp.

     

5.875%, 11/1/21(9)

      35        37,056   

5.50%, 3/1/25(9)

      5        5,163   
                     
      $ 769,256   
                     
 

 

  18   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2015

 

Portfolio of Investments — continued

 

 

Security        Principal
Amount*
(000’s omitted)
    Value  

Business Equipment and Services — 0.1%

  

Acosta, Inc.

     

7.75%, 10/1/22(9)

      140      $ 135,800   

Audatex North America, Inc.

     

6.00%, 6/15/21(9)

      70        70,753   

FTI Consulting, Inc.

     

6.00%, 11/15/22

      40        42,550   

IMS Health, Inc.

     

6.00%, 11/1/20(9)

      75        77,812   

ServiceMaster Co., LLC (The)

     

7.45%, 8/15/27

      45        46,238   

United Rentals North America, Inc.

     

7.625%, 4/15/22

      40        43,604   

6.125%, 6/15/23

      35        36,698   
   
      $ 453,455   
   

Cable and Satellite Television — 0.9%

  

AMC Networks, Inc.

     

7.75%, 7/15/21

      45      $ 48,488   

Cable One, Inc.

     

5.75%, 6/15/22(9)

      30        30,825   

CCO Holdings, LLC/CCO Holdings Capital Corp.

     

5.25%, 9/30/22

      155        157,388   

5.75%, 1/15/24

      10        10,175   

5.375%, 5/1/25(9)

      95        94,287   

CSC Holdings, LLC

     

5.25%, 6/1/24

      10        8,820   

DISH DBS Corp.

     

6.75%, 6/1/21

      185        192,862   

5.875%, 7/15/22

      35        34,388   

5.875%, 11/15/24

      25        23,975   

IAC/InterActiveCorp

     

4.875%, 11/30/18

      55        56,719   

Numericable-SFR SAS

     

4.875%, 5/15/19(9)

      390        393,900   

Unitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH

     

5.50%, 1/15/23(9)

      1,000        1,031,550   

Virgin Media Secured Finance PLC

     

5.375%, 4/15/21(9)

      833        877,247   

6.00%, 4/15/21(9)

  GBP     855        1,398,008   

5.50%, 1/15/25(9)

      550        558,250   
   
      $ 4,916,882   
   
Security        Principal
Amount*
(000’s omitted)
    Value  

Chemicals and Plastics — 0.8%

  

Hexion, Inc.

     

6.625%, 4/15/20

      4,450      $ 3,793,625   

Platform Specialty Products Corp.

     

6.50%, 2/1/22(9)

      60        51,300   

Scotts Miracle-Gro Co. (The)

     

6.00%, 10/15/23(9)

      15        15,862   

Tronox Finance, LLC

     

6.375%, 8/15/20

      130        93,236   

7.50%, 3/15/22(9)

      20        14,200   

W.R. Grace & Co.

     

5.125%, 10/1/21(9)

      30        31,275   

5.625%, 10/1/24(9)

      10        10,363   
   
      $ 4,009,861   
   

Commercial Services — 0.0%(10)

  

CEB, Inc.

     

5.625%, 6/15/23(9)

      15      $ 15,281   

ExamWorks Group, Inc.

     

5.625%, 4/15/23

      35        36,532   
   
      $ 51,813   
   

Conglomerates — 0.0%(10)

  

Belden, Inc.

     

5.50%, 9/1/22(9)

      20      $ 19,950   

Spectrum Brands, Inc.

     

6.375%, 11/15/20

      50        53,625   

6.625%, 11/15/22

      30        32,925   

5.75%, 7/15/25(9)

      70        74,987   

TMS International Corp.

     

7.625%, 10/15/21(9)

      45        41,400   
   
      $ 222,887   
   

Containers and Glass Products — 0.8%

  

Berry Plastics Corp.

     

6.00%, 10/15/22(9)

      25      $ 26,250   

Beverage Packaging Holdings Luxembourg II SA/Beverage Packaging Holdings II Issuer, Inc.

     

5.625%, 12/15/16(9)

      15        15,038   

Owens-Brockway Glass Container, Inc.

     

5.875%, 8/15/23(9)

      35        37,209   

6.375%, 8/15/25(9)

      15        16,003   

Reynolds Group Holdings, Inc.

     

5.75%, 10/15/20

      3,875        4,039,688   
   
      $ 4,134,188   
   
 

 

  19   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2015

 

Portfolio of Investments — continued

 

 

Security        Principal
Amount*
(000’s omitted)
    Value  

Cosmetics / Toiletries — 0.1%

  

Alphabet Holding Co., Inc.

     

7.75%, 11/1/17(11)

      235      $ 231,475   
   
      $ 231,475   
   

Distribution & Wholesale — 0.0%(10)

  

American Tire Distributors, Inc.

     

10.25%, 3/1/22(9)

      85      $ 86,275   
   
      $ 86,275   
   

Diversified Financial Services — 0.0%(10)

  

Quicken Loans, Inc.

     

5.75%, 5/1/25(9)

      35      $ 34,869   
   
      $ 34,869   
   

Drugs — 0.2%

  

AMAG Pharmaceuticals, Inc.

     

7.875%, 9/1/23(9)

      40      $ 37,500   

ConvaTec Finance International SA

     

8.25%, 1/15/19(9)(11)

      200        200,250   

Jaguar Holding Co. II/Pharmaceutical Product Development, LLC

     

6.375%, 8/1/23(9)

      140        140,525   

Valeant Pharmaceuticals International, Inc.

     

6.375%, 10/15/20(9)

      200        180,500   

7.50%, 7/15/21(9)

      50        45,469   

5.50%, 3/1/23(9)

      30        25,350   

5.875%, 5/15/23(9)

      120        101,400   

6.125%, 4/15/25(9)

      110        92,812   
   
      $ 823,806   
   

Ecological Services and Equipment — 0.0%(10)

  

ADS Waste Holdings, Inc.

     

8.25%, 10/1/20

      50      $ 52,750   

Clean Harbors, Inc.</