Eaton Vance Senior-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, 2018

Date of Reporting Period

 

 

 


Item 1. Reports to Stockholders

 


LOGO

 

 

Eaton Vance

Senior Floating-Rate Trust (EFR)

Annual Report

October 31, 2018

 

 

 

 

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, 2018

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

     45  

Federal Tax Information

     46  

Annual Meeting of Shareholders

     47  

Dividend Reinvestment Plan

     48  

Management and Organization

     50  

Important Notices

     53  


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Management’s Discussion of Fund Performance1

 

 

Economic and Market Conditions

The U.S. floating-rate loan market experienced a positive return and limited price volatility for the 12-month period ended October 31, 2018. The S&P/LSTA Leveraged Loan Index (the Index),2 a broad barometer of the U.S. loan market, returned 4.54% during the period. For the period as a whole, performance was composed of coupon generation, with loan prices virtually unchanged.

About a month after the period opened, the U.S. Federal Reserve Board announced, in December, its third rate hike for 2017, followed by interest rate hikes in March, June, and September of 2018. Unlike fixed-income securities, the impact of interest rate changes on the value of floating-rate loans is typically reduced by periodic interest rate resets. As a result, the loan market was helped by increasing investor demand for floating-rate loans during this rising interest rate environment.

Technical conditions were positive for most of the period with demand generally outpacing supply. The collateralized loan obligation market was a strong driver of demand, and retail mutual funds saw positive inflows for nine of the period’s 12 months. For the period as a whole, loan prices were relatively stable, beginning at an average price of $98.16 and ending the period at $98.14. Approximately 85% of performing loans ended the period bid at 98% of par value or higher.

With the U.S. economy’s recovery accelerating modestly during the period, health in corporate fundamentals reflected relatively benign conditions. While the high-profile default of iHeartCommunications, an Index component, pushed up the default rate to 2.42% on a 12-month trailing basis ended March 2018, the default rate settled down to 1.92% for the annual period ended October 31, 2018, below its long-term 3% average.

Fund Performance

For the fiscal year ended October 31, 2018, Eaton Vance Senior Floating-Rate Trust (the Fund) returned 7.25% at net asset value (NAV). By comparison, the Fund’s benchmark, the Index, returned 4.54% for the period.

The Index is unmanaged and returns do not reflect any applicable sales charges, commissions, expenses, or leverage. Outperformance of the Fund versus the Index for the period was a function of the Fund’s credit-rating8 position, diversification,9 loan selection, and application of investment leverage.6

Historically, the Fund has maintained underweight exposures, relative to the Index, to lower credit segments of the market, namely CCC- and D- (defaulted) rating tiers within the Index. This positioning may help the Fund limit credit losses over the long run, but may detract from relative performance versus the Index in times when lower-quality loans perform well. During the period, the Fund’s underweight to CCC-rated loans, which returned 8.82%, detracted from performance versus the Index. However, the Fund’s underweight to D-rated loans, which returned –8.43%, contributed to results versus the Index.

The Fund’s underweight exposure to the retail sector, excluding food and drugs, during the period was a detractor from relative results versus the Index, as the sector rallied after suffering negative returns during the previous one-year period ended October 31, 2017. Loan selections in the oil and gas sector, which recovered from negative performance during the previous one-year period, helped results versus the Index.

Loan selections in the cable and satellite television sector helped Fund performance versus the Index during the period. In contrast, loan selections in the electronics/electrical sector detracted from results relative to the Index during the period.

The Fund’s employment of leverage contributed to performance versus the Index, which does not employ leverage. The use of leverage amplified the positive return of the Fund’s underlying portfolio during the period. However, the Fund’s holdings in high-yield bonds detracted from performance versus the Index, which does not include high- yield bonds. High-yield bonds underperformed the loan market during the period.

 

 

See Endnotes and Additional Disclosures in this report.

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

 

  2  


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Performance2,3

 

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

 

% Average Annual Total Returns    Inception Date      One Year      Five Years      Ten Years  

Fund at NAV

     11/28/2003        7.25      6.09      11.66

Fund at Market Price

            –2.04        3.28        10.96  
                                     

S&P/LSTA Leveraged Loan Index

            4.54      3.97      7.66
           
% Premium/Discount to NAV4                                
              –12.62
           
Distributions5                                

Total Distributions per share for the period

            $ 0.856  

Distribution Rate at NAV

              5.47

Distribution Rate at Market Price

              6.25
           
% Total Leverage6                                

Auction Preferred Shares (APS)

              8.77

Borrowings

              25.69  

 

See Endnotes and Additional Disclosures in this report.

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

 

  3  


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Fund Profile

 

 

Top 10 Issuers (% of total investments)7

 

 

Reynolds Group Holdings, Inc.

     1.1

Bausch Health Companies, Inc.

     1.1  

Asurion LLC

     1.1  

TransDigm, Inc.

     1.0  

Univision Communications, Inc.

     1.0  

Virgin Media Investment Holdings Limited

     0.8  

JBS USA, LLC

     0.8  

Jaguar Holding Company II

     0.8  

Albertsons, LLC

     0.8  

MA FinanceCo., LLC

     0.7  

Total

     9.2

 

Top 10 Sectors (% of total investments)7

 

 

Electronics/Electrical

     11.3

Health Care

     9.9  

Business Equipment and Services

     9.0  

Chemicals and Plastics

     4.8  

Telecommunications

     4.5  

Drugs

     4.2  

Industrial Equipment

     4.0  

Cable and Satellite Television

     3.9  

Lodging and Casinos

     3.8  

Leisure Goods/Activities/Movies

     3.7  

Total

     59.1
 

 

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

 

 

LOGO

    

 

 

See Endnotes and Additional Disclosures in this report.

 

  4  


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Endnotes and Additional Disclosures

 

 

1 

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

 

2 

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

 

3 

Performance results reflect the effects of leverage. The Fund’s performance for certain periods reflects the effects of expense reductions. Absent these reductions, performance would have been lower. Performance since inception for an index, if presented, is the performance since the Fund’s or oldest share class’ inception, as applicable. Included in the average annual total return at NAV for the one year period is the impact of the tender and repurchase of a portion of the Fund’s APS at 92% of the Fund’s APS per share liquidation preference. Included in the average annual total return at NAV for the five and ten year periods is the impact of the tender and repurchase of a portion of the Fund’s APS at 95% of the Fund’s APS per share liquidation preference. Had these transactions not occurred, the total return at NAV would be lower for the Fund.

 

4 

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

 

5 

The Distribution Rate is based on the Fund’s last regular distribution per share in the period (annualized) divided by the Fund’s NAV or market price at the end of the period. The Fund’s distributions may be comprised of amounts characterized for federal income tax purposes as qualified and non-qualified ordinary dividends, capital gains and nondividend distributions, also known as return of capital. For additional information about nondividend distributions, please refer to Eaton Vance Closed- End Fund Distribution Notices (19a) posted on our website, eatonvance.com. The Fund will determine the federal income tax character of distributions paid to a shareholder after the end of the calendar year. This is reported on the IRS form 1099-DIV and provided to the shareholder shortly after each year-end.

  For information about the tax character of distributions made in prior calendar years, please refer to Performance-Tax Character of Distributions on the Fund’s webpage available at eatonvance. com. The Fund’s distributions are determined by the investment adviser based on its current assessment of the Fund’s long-term return potential. Fund distributions may be affected by numerous factors including changes in Fund performance, the cost of financing for leverage, portfolio holdings, realized and projected returns, and other factors. As portfolio and market conditions change, the rate of distributions paid by the Fund could change.

 

6 

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

 

7 

Excludes cash and cash equivalents.

 

8 

Credit ratings are categorized using S&P Global Ratings (“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” (if any) are not rated by S&P.

 

9 

Diversification cannot ensure a profit or eliminate the risk of loss.

 

  

Fund profile subject to change due to active management.

   Important Notice to Shareholders

  

Effective January 31, 2018, the Fund is managed by Scott H. Page and Craig P. Russ.

 

 

  5  


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Portfolio of Investments

 

 

Senior Floating-Rate Loans — 140.1%(1)

 

Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Aerospace and Defense — 2.0%  
Accudyne Industries, LLC                  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing August 18, 2024

      626     $ 624,745  
IAP Worldwide Services, Inc.                  

Revolving Loan, 1.46%, (3 mo. USD LIBOR + 5.50%), Maturing July 18, 2019(2)

      311       312,104  

Term Loan - Second Lien, 8.89%, (3 mo. USD LIBOR + 6.50%), Maturing July 18, 2019(3)

      412       333,135  
TransDigm, Inc.                  

Term Loan, 4.80%, (1 mo. USD LIBOR + 2.50%), Maturing June 9, 2023

      5,995       5,974,783  

Term Loan, 4.80%, (1 mo. USD LIBOR + 2.50%), Maturing August 22, 2024

      2,558       2,549,684  
Wesco Aircraft Hardware Corp.                  

Term Loan, 5.31%, (1 mo. USD LIBOR + 3.00%), Maturing November 30, 2020

      878       875,306  
WP CPP Holdings, LLC                  

Term Loan, 6.28%, (2 mo. USD LIBOR + 3.75%), Maturing April 30, 2025

            525       527,379  
                    $ 11,197,136  
Automotive — 2.8%  
American Axle and Manufacturing, Inc.        

Term Loan, 4.62%, (USD LIBOR + 2.25%), Maturing April 6, 2024(4)

      2,998     $ 2,998,125  
Apro, LLC                  

Term Loan, 6.34%, (2 mo. USD LIBOR + 4.00%), Maturing August 8, 2024

      267       268,544  
Belron Finance US, LLC                  

Term Loan, 4.59%, (3 mo. USD LIBOR + 2.25%), Maturing November 7, 2024

      521       524,319  
Chassix, Inc.                  

Term Loan, 7.91%, (USD LIBOR + 5.50%), Maturing November 15, 2023(4)

      1,340       1,344,900  
Dayco Products, LLC                  

Term Loan, 6.56%, (3 mo. USD LIBOR + 4.25%), Maturing May 19, 2023

      1,004       1,012,745  
FCA US, LLC                  

Term Loan, 4.30%, (1 mo. USD LIBOR + 2.00%), Maturing December 31, 2018

      1,209       1,211,305  
Garrett LX III S.a.r.l.                  

Term Loan, 2.75%, (3 mo. EURIBOR + 2.75%), Maturing September 30, 2025

    EUR       450       507,357  

Term Loan, 4.89%, (3 mo. USD LIBOR + 2.50%), Maturing September 30, 2025

      250       249,844  
Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Automotive (continued)  
Horizon Global Corporation                  

Term Loan, 8.30%, (1 mo. USD LIBOR + 6.00%), Maturing June 30, 2021

      337     $ 329,269  
L&W, Inc.                  

Term Loan, 6.29%, (1 mo. USD LIBOR + 4.00%), Maturing May 22, 2025

      773       776,445  
Tenneco, Inc.                  

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing October 1, 2025

      3,475       3,469,572  
TI Group Automotive Systems, LLC                  

Term Loan, 3.50%, (3 mo. EURIBOR + 2.75%, Floor 0.75%), Maturing June 30, 2022

    EUR       776       882,782  

Term Loan, 4.80%, (1 mo. USD LIBOR + 2.50%), Maturing June 30, 2022

      957       953,818  
Tower Automotive Holdings USA, LLC                  

Term Loan, 5.06%, (1 mo. USD LIBOR + 2.75%), Maturing March 7, 2024

            1,134       1,134,607  
                    $ 15,663,632  
Beverage and Tobacco — 0.8%  
Arterra Wines Canada, Inc.                  

Term Loan, 5.09%, (3 mo. USD LIBOR + 2.75%), Maturing December 15, 2023

      2,461     $ 2,470,598  
Flavors Holdings, Inc.                  

Term Loan, 8.14%, (3 mo. USD LIBOR + 5.75%), Maturing April 3, 2020

      1,038       983,567  

Term Loan - Second Lien, 12.39%, (3 mo. USD LIBOR + 10.00%), Maturing October 3, 2021

            1,000       875,000  
                    $ 4,329,165  
Brokerage / Securities Dealers / Investment Houses — 0.5%  
Advisor Group, Inc.                  

Term Loan, 6.04%, (1 mo. USD LIBOR + 3.75%), Maturing August 15, 2025

      550     $ 553,266  
Aretec Group, Inc.                  

Term Loan, 6.51%, (3 mo. USD LIBOR + 4.25%), Maturing October 1, 2025

      1,125       1,132,382  
OZ Management L.P.                  

Term Loan, 7.06%, (1 mo. USD LIBOR + 4.75%), Maturing April 11, 2023

      520       523,900  
Resolute Investment Managers, Inc.                  

Term Loan - Second Lien, 10.03%, (3 mo. USD LIBOR + 7.50%), Maturing April 30, 2023

            550       556,875  
                    $ 2,766,423  
 

 

  6   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Building and Development — 3.9%  
American Builders & Contractors Supply Co., Inc.        

Term Loan, 4.30%, (1 mo. USD LIBOR + 2.00%), Maturing October 31, 2023

      2,635     $ 2,614,173  
Beacon Roofing Supply, Inc.                  

Term Loan, 4.53%, (3 mo. USD LIBOR + 2.25%), Maturing January 2, 2025

      572       567,885  
Brookfield Property REIT, Inc.                  

Term Loan, 4.79%, (1 mo. USD LIBOR + 2.50%), Maturing August 27, 2025

      950       937,085  
Core & Main L.P.                  

Term Loan, 5.32%, (3 mo. USD LIBOR + 3.00%), Maturing August 1, 2024

      743       743,118  
CPG International, Inc.                  

Term Loan, 6.25%, (6 mo. USD LIBOR + 3.75%), Maturing May 5, 2024

      1,868       1,881,114  
DTZ U.S. Borrower, LLC                  

Term Loan, 5.55%, (1 mo. USD LIBOR + 3.25%), Maturing August 21, 2025

      5,400       5,406,248  
Henry Company, LLC                  

Term Loan, 6.30%, (1 mo. USD LIBOR + 4.00%), Maturing October 5, 2023

      394       394,649  
Pisces Midco, Inc.                  

Term Loan, Maturing April 12, 2025(5)

      750       748,281  
Quikrete Holdings, Inc.                  

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing November 15, 2023

      2,524       2,518,405  
RE/MAX International, Inc.                  

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing December 15, 2023

      1,830       1,839,431  
Realogy Group, LLC                  

Term Loan, 4.53%, (1 mo. USD LIBOR + 2.25%), Maturing February 8, 2025

      560       559,181  
Summit Materials Companies I, LLC                  

Term Loan, 4.30%, (1 mo. USD LIBOR + 2.00%), Maturing November 21, 2024

      596       593,546  
Werner FinCo L.P.                  

Term Loan, 6.26%, (1 mo. USD LIBOR + 4.00%), Maturing July 24, 2024

      1,090       1,081,571  
WireCo WorldGroup, Inc.                  

Term Loan, 7.30%, (1 mo. USD LIBOR + 5.00%), Maturing September 30, 2023

      564       568,783  

Term Loan - Second Lien, 11.30%, (1 mo. USD LIBOR + 9.00%), Maturing September 30, 2024

            1,350       1,363,500  
                    $ 21,816,970  
Borrower/Tranche Description       

Principal

Amount*

(000’s omitted)

    Value  
Business Equipment and Services — 13.5%  
Acosta Holdco, Inc.                

Term Loan, 5.55%, (1 mo. USD LIBOR + 3.25%), Maturing September 26, 2021

      2,924     $ 2,180,936  
Adtalem Global Education, Inc.                

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing April 11, 2025

      374       377,647  
AlixPartners, LLP                

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing April 4, 2024

      2,219       2,224,340  
Altran Technologies SA                

Term Loan, 2.75%, (3 mo. EURIBOR + 2.75%), Maturing March 20, 2025

  EUR     1,395       1,586,794  
AppLovin Corporation                

Term Loan, 6.06%, (3 mo. USD LIBOR + 3.75%), Maturing August 15, 2025

      1,475       1,489,290  
ASGN Incorporated                

Term Loan, 4.30%, (1 mo. USD LIBOR + 2.00%), Maturing April 2, 2025

      455       456,102  
Blitz F18-675 GmbH                

Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), Maturing July 31, 2025

  EUR     1,500       1,715,661  
Bracket Intermediate Holding Corp.                

Term Loan, 6.57%, (3 mo. USD LIBOR + 4.25%), Maturing September 5, 2025

      875       878,281  
Brand Energy & Infrastructure Services, Inc.        

Term Loan, 6.73%, (3 mo. USD LIBOR + 4.25%), Maturing June 21, 2024

      518       521,354  
Camelot UK Holdco Limited                

Term Loan, 5.55%, (1 mo. USD LIBOR + 3.25%), Maturing October 3, 2023

      1,881       1,883,348  
Cast and Crew Payroll, LLC                

Term Loan, 5.06%, (1 mo. USD LIBOR + 2.75%), Maturing September 27, 2024

      394       394,677  
Ceridian HCM Holding, Inc.                

Term Loan, 5.55%, (1 mo. USD LIBOR + 3.25%), Maturing April 30, 2025

      1,425       1,428,562  
Change Healthcare Holdings, LLC                

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing March 1, 2024

      6,362       6,362,314  
CPM Holdings, Inc.                

Term Loan, 5.80%, (1 mo. USD LIBOR + 3.50%), Maturing April 11, 2022

      266       266,563  

Term Loan, Maturing October 24, 2025(5)

      300       302,250  
Crossmark Holdings, Inc.                

Term Loan, 5.89%, (3 mo. USD LIBOR + 3.50%), Maturing December 20, 2019

      1,123       477,339  
 

 

  7   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description       

Principal

Amount*

(000’s omitted)

    Value  
Business Equipment and Services (continued)  
Cypress Intermediate Holdings III, Inc.                

Term Loan, 5.31%, (1 mo. USD LIBOR + 3.00%), Maturing April 26, 2024

      2,459     $ 2,464,699  
EAB Global, Inc.                

Term Loan, 6.41%, (USD LIBOR + 3.75%), Maturing November 15, 2024(4)

      1,269       1,260,696  
Education Management, LLC                

Term Loan, 0.00%, Maturing July 2, 2020(3)(6)

      225       42,364  

Term Loan, 0.00%, Maturing July 2, 2020(3)(6)

      505       0  
EIG Investors Corp.                

Term Loan, 6.06%, (3 mo. USD LIBOR + 3.75%), Maturing February 9, 2023

      3,155       3,169,899  
Element Materials Technology Group US Holdings, Inc.        

Term Loan, 5.80%, (1 mo. USD LIBOR + 3.50%), Maturing June 28, 2024

      372       374,514  
Extreme Reach, Inc.                

Term Loan, 8.56%, (1 mo. USD LIBOR + 6.25%), Maturing February 7, 2020

      1,904       1,906,292  
First Data Corporation                

Term Loan, 4.29%, (1 mo. USD LIBOR + 2.00%), Maturing July 8, 2022

      2,107       2,105,119  
Garda World Security Corporation                

Term Loan, 5.83%, (CIDOR + 4.25%), Maturing May 24, 2024

  CAD     862       656,333  

Term Loan, 5.83%, (3 mo. USD LIBOR + 3.50%), Maturing May 24, 2024

      1,898       1,906,737  
Global Payments, Inc.                

Term Loan, 4.05%, (1 mo. USD LIBOR + 1.75%), Maturing April 21, 2023

      910       911,161  
IG Investment Holdings, LLC                

Term Loan, 5.84%, (USD LIBOR + 3.50%), Maturing May 23, 2025(4)

      2,608       2,624,269  
Information Resources, Inc.                

Term Loan, 6.57%, (3 mo. USD LIBOR + 4.25%), Maturing January 18, 2024

      837       838,646  
Iron Mountain, Inc.                

Term Loan, 4.05%, (1 mo. USD LIBOR + 1.75%), Maturing January 2, 2026

      846       835,883  
J.D. Power and Associates                

Term Loan, 6.05%, (1 mo. USD LIBOR + 3.75%), Maturing September 7, 2023

      3,244       3,259,845  
KAR Auction Services, Inc.                

Term Loan, 4.69%, (3 mo. USD LIBOR + 2.25%), Maturing March 11, 2021

      1,723       1,725,044  
Kronos Incorporated                

Term Loan, 5.34%, (3 mo. USD LIBOR + 3.00%), Maturing November 1, 2023

      5,763       5,778,557  
Borrower/Tranche Description       

Principal

Amount*

(000’s omitted)

    Value  
Business Equipment and Services (continued)  
LegalZoom.com, Inc.                

Term Loan, 6.54%, (1 mo. USD LIBOR + 4.25%), Maturing November 21, 2024

      719     $ 725,781  

Term Loan - Second Lien, 10.80%, (1 mo. USD LIBOR + 8.50%), Maturing November 21, 2025

      550       554,812  
Monitronics International, Inc.                

Term Loan, 7.89%, (3 mo. USD LIBOR + 5.50%), Maturing September 30, 2022

      2,149       2,103,599  
PGX Holdings, Inc.                

Term Loan, 7.56%, (1 mo. USD LIBOR + 5.25%), Maturing September 29, 2020

      1,194       1,168,317  
Ping Identity Corporation                

Term Loan, 6.05%, (1 mo. USD LIBOR + 3.75%), Maturing January 24, 2025

      349       351,743  
Pre-Paid Legal Services, Inc.                

Term Loan, 5.55%, (1 mo. USD LIBOR + 3.25%), Maturing May 1, 2025

      436       438,809  
Prime Security Services Borrower, LLC                

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing May 2, 2022

      2,630       2,634,656  
Red Ventures, LLC                

Term Loan, 6.05%, (1 mo. USD LIBOR + 3.75%), Maturing November 8, 2024

      981       985,088  
SMG Holdings, Inc.                

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing January 23, 2025

      224       224,505  
Solera, LLC                

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing March 3, 2023

      2,290       2,291,078  
Spin Holdco, Inc.                

Term Loan, 5.69%, (3 mo. USD LIBOR + 3.25%), Maturing November 14, 2022

      3,495       3,502,004  
Tempo Acquisition, LLC                

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing May 1, 2024

      1,832       1,834,413  
Trans Union, LLC                

Term Loan, 4.30%, (1 mo. USD LIBOR + 2.00%), Maturing June 19, 2025

      424       423,824  
Travelport Finance (Luxembourg) S.a.r.l.                

Term Loan, 4.81%, (3 mo. USD LIBOR + 2.50%), Maturing March 17, 2025

      1,940       1,939,674  
Vestcom Parent Holdings, Inc.                

Term Loan, 6.30%, (1 mo. USD LIBOR + 4.00%), Maturing December 19, 2023

      491       492,497  
WASH Multifamily Laundry Systems, LLC                

Term Loan, 5.55%, (1 mo. USD LIBOR + 3.25%), Maturing May 14, 2022

      247       247,302  
 

 

  8   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Business Equipment and Services (continued)  
West Corporation                  

Term Loan, 6.03%, (USD LIBOR + 3.50%), Maturing October 10, 2024(4)

      324     $ 321,047  

Term Loan, 6.53%, (USD LIBOR + 4.00%), Maturing October 10, 2024(4)

      1,067       1,064,137  
Worldpay, LLC                  

Term Loan, 4.03%, (1 mo. USD LIBOR + 1.75%), Maturing October 14, 2023

      286       286,093  

Term Loan, 4.03%, (1 mo. USD LIBOR + 1.75%), Maturing August 9, 2024

      1,766       1,765,512  
ZPG PLC                  

Term Loan, 5.47%, (3 mo. GBP LIBOR + 4.75%), Maturing June 30, 2025

    GBP       700       897,872  
                    $ 76,658,279  
Cable and Satellite Television — 5.9%  
Altice US Finance I Corporation                  

Term Loan, Maturing January 10, 2026(5)

      1,000     $ 998,750  
Charter Communications Operating, LLC        

Term Loan, 4.31%, (1 mo. USD LIBOR + 2.00%), Maturing April 30, 2025

      3,499       3,502,936  
CSC Holdings, LLC                  

Term Loan, 4.53%, (1 mo. USD LIBOR + 2.25%), Maturing July 17, 2025

      3,504       3,490,342  

Term Loan, 4.78%, (1 mo. USD LIBOR + 2.50%), Maturing January 25, 2026

      1,244       1,247,792  
Numericable Group SA                  

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

    EUR       443       500,657  

Term Loan, 5.05%, (3 mo. USD LIBOR + 2.75%), Maturing July 31, 2025

      1,822       1,774,416  

Term Loan, 5.97%, (1 mo. USD LIBOR + 3.69%), Maturing January 31, 2026

      748       734,551  
Radiate Holdco, LLC                  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing February 1, 2024

      1,856       1,846,228  
Telenet Financing USD, LLC                  

Term Loan, 4.53%, (1 mo. USD LIBOR + 2.25%), Maturing August 15, 2026

      2,475       2,468,298  
Unitymedia Finance, LLC                  

Term Loan, 4.53%, (1 mo. USD LIBOR + 2.25%), Maturing January 15, 2026

      950       949,491  
Unitymedia Hessen GmbH & Co. KG                  

Term Loan, 2.75%, (6 mo. EURIBOR + 2.75%), Maturing January 15, 2027

    EUR       1,000       1,139,572  
UPC Financing Partnership                  

Term Loan, 4.78%, (1 mo. USD LIBOR + 2.50%), Maturing January 15, 2026

      1,999       1,993,678  
Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Cable and Satellite Television (continued)  
Virgin Media Bristol, LLC                  

Term Loan, 4.78%, (1 mo. USD LIBOR + 2.50%), Maturing January 15, 2026

      6,725     $ 6,728,604  
Ziggo Secured Finance B.V.                  

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

    EUR       2,200       2,491,831  
Ziggo Secured Finance Partnership                  

Term Loan, 4.78%, (1 mo. USD LIBOR + 2.50%), Maturing April 15, 2025

            3,475       3,410,657  
                    $ 33,277,803  
Chemicals and Plastics — 7.1%  
Alpha 3 B.V.                  

Term Loan, 5.39%, (3 mo. USD LIBOR + 3.00%), Maturing January 31, 2024

      634     $ 635,408  
Aruba Investments, Inc.                  

Term Loan, 5.55%, (1 mo. USD LIBOR + 3.25%), Maturing February 2, 2022

      978       979,350  
Ashland, Inc.                  

Term Loan, 4.04%, (1 mo. USD LIBOR + 1.75%), Maturing May 17, 2024

      568       569,824  
Axalta Coating Systems US Holdings, Inc.        

Term Loan, 4.14%, (3 mo. USD LIBOR + 1.75%), Maturing June 1, 2024

      2,626       2,622,952  
Chemours Company (The)                  

Term Loan, 2.50%, (3 mo. EURIBOR + 2.00%, Floor 0.50%), Maturing March 21, 2025

    EUR       577       658,971  

Term Loan, 4.05%, (1 mo. USD LIBOR + 1.75%), Maturing April 3, 2025

      303       301,761  
Emerald Performance Materials, LLC                  

Term Loan, 5.80%, (1 mo. USD LIBOR + 3.50%), Maturing August 1, 2021

      501       504,093  

Term Loan - Second Lien, 10.05%, (1 mo. USD LIBOR + 7.75%), Maturing August 1, 2022

      550       551,833  
Ferro Corporation                  

Term Loan, 4.64%, (3 mo. USD LIBOR + 2.25%), Maturing February 14, 2024

      320       320,298  

Term Loan, 4.64%, (3 mo. USD LIBOR + 2.25%), Maturing February 14, 2024

      327       327,261  

Term Loan, 4.64%, (3 mo. USD LIBOR + 2.25%), Maturing February 14, 2024

      419       419,170  
Flint Group GmbH                  

Term Loan, 5.49%, (3 mo. USD LIBOR + 3.00%), Maturing September 7, 2021

      143       137,320  
Flint Group US, LLC                  

Term Loan, 5.49%, (3 mo. USD LIBOR + 3.00%), Maturing September 7, 2021

      865       830,674  
 

 

  9   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description       

Principal

Amount*

(000’s omitted)

    Value  
Chemicals and Plastics (continued)  
Gemini HDPE, LLC                

Term Loan, 5.03%, (3 mo. USD LIBOR + 2.50%), Maturing August 7, 2024

      2,108     $ 2,113,949  
H.B. Fuller Company                

Term Loan, 4.28%, (1 mo. USD LIBOR + 2.00%), Maturing October 20, 2024

      1,910       1,906,427  
Ineos US Finance, LLC                

Term Loan, 2.50%, (1 mo. EURIBOR + 2.00%, Floor 0.50%), Maturing March 31, 2024

  EUR     2,953       3,339,557  
Invictus U.S., LLC                

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing March 28, 2025

      473       475,284  
Kraton Polymers, LLC                

Term Loan, 4.80%, (1 mo. USD LIBOR + 2.50%), Maturing March 5, 2025

      916       914,853  
MacDermid, Inc.                

Term Loan, 4.80%, (1 mo. USD LIBOR + 2.50%), Maturing June 7, 2020

      1,050       1,051,954  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing June 7, 2023

      2,618       2,618,213  
Messer Industries, LLC                

Term Loan, Maturing October 1, 2025(5)

      1,400       1,402,275  
Minerals Technologies, Inc.                

Term Loan, 4.56%, (USD LIBOR + 2.25%), Maturing February 14,
2024(4)

      844       846,732  
Orion Engineered Carbons GmbH                

Term Loan, 4.39%, (3 mo. USD LIBOR + 2.00%), Maturing July 25, 2024

      1,117       1,121,746  

Term Loan, 2.25%, (3 mo. EURIBOR + 2.25%), Maturing July 31, 2024

  EUR     751       858,301  
PMHC II, Inc.                

Term Loan, 6.15%, (USD LIBOR + 3.50%), Maturing March 31, 2025(4)

      348       341,355  
PQ Corporation                

Term Loan, 5.03%, (3 mo. USD LIBOR + 2.50%), Maturing February 8, 2025

      2,839       2,840,618  
Schenectady International Group, Inc.                

Term Loan, 7.19%, (3 mo. USD LIBOR + 4.75%), Maturing October 15, 2025

      900       897,187  
Sonneborn Refined Products B.V.                

Term Loan, 6.05%, (1 mo. USD LIBOR + 3.75%), Maturing December 10, 2020

      63       63,439  
Sonneborn, LLC                

Term Loan, 6.05%, (1 mo. USD LIBOR + 3.75%), Maturing December 10, 2020

      355       359,486  
Spectrum Holdings III Corp.                

Term Loan, 5.55%, (1 mo. USD LIBOR + 3.25%), Maturing January 31, 2025

      340       336,997  
Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Chemicals and Plastics (continued)  
Starfruit Finco B.V.                  

Term Loan, 3.75%, (6 mo. EURIBOR + 3.75%), Maturing October 1, 2025

    EUR       425     $ 486,040  

Term Loan, 5.51%, (1 mo. USD LIBOR + 3.25%), Maturing October 1, 2025

      2,775       2,773,699  
Tronox Blocked Borrower, LLC                  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing September 23, 2024

      1,013       1,012,063  
Tronox Finance, LLC                  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing September 23, 2024

      2,337       2,335,531  
Unifrax I, LLC                  

Term Loan, 5.89%, (3 mo. USD LIBOR + 3.50%), Maturing April 4, 2024

      543       544,836  
Univar, Inc.                  

Term Loan, 4.55%, (1 mo. USD LIBOR + 2.25%), Maturing July 1, 2024

      2,438       2,439,810  
Venator Materials Corporation                  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing August 8, 2024

            371       371,482  
                    $ 40,310,749  
Conglomerates — 0.0%(7)  
Penn Engineering & Manufacturing Corp.        

Term Loan, 5.04%, (1 mo. USD LIBOR + 2.75%), Maturing June 27, 2024

            247     $ 247,647  
                    $ 247,647  
Containers and Glass Products — 3.9%  
Berlin Packaging, LLC                  

Term Loan, 5.28%, (USD LIBOR + 3.00%), Maturing November 7,
2025(4)

      249     $ 249,511  
Berry Global, Inc.                  

Term Loan, 4.28%, (1 mo. USD LIBOR + 2.00%), Maturing October 1, 2022

      786       786,673  
BWAY Holding Company                  

Term Loan, 5.66%, (3 mo. USD LIBOR + 3.25%), Maturing April 3, 2024

      2,455       2,444,514  
Consolidated Container Company, LLC                  

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing May 22, 2024

      371       372,243  
Crown Americas, LLC                  

Term Loan, 2.38%, (1 mo. EURIBOR + 2.38%), Maturing April 3, 2025

    EUR       574       655,375  
 

 

  10   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Containers and Glass Products (continued)  
Flex Acquisition Company, Inc.                  

Term Loan, 5.26%, (3 mo. USD LIBOR + 3.00%), Maturing December 29, 2023

      3,078     $ 3,077,574  

Term Loan, 5.51%, (1 mo. USD LIBOR + 3.25%), Maturing June 29, 2025

      1,421       1,425,625  
Libbey Glass, Inc.                  

Term Loan, 5.28%, (1 mo. USD LIBOR + 3.00%), Maturing April 9, 2021

      1,067       1,066,005  
Pelican Products, Inc.                  

Term Loan, 5.77%, (1 mo. USD LIBOR + 3.50%), Maturing May 1, 2025

      599       599,747  
Reynolds Group Holdings, Inc.                  

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing February 5, 2023

      5,253       5,264,157  
Ring Container Technologies Group, LLC        

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing October 31, 2024

      720       720,461  
Trident TPI Holdings, Inc.                  

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

    EUR       1,365       1,544,748  

Term Loan, 5.55%, (1 mo. USD LIBOR + 3.25%), Maturing October 17, 2024

      546       543,081  
Verallia Packaging S.A.S                  

Term Loan, 2.75%, (1 mo. EURIBOR + 2.75%), Maturing October 29, 2022

    EUR       1,530       1,736,565  

Term Loan, 3.25%, (1 mo. EURIBOR + 3.25%), Maturing August 29, 2025

    EUR       1,375       1,564,086  
                    $ 22,050,365  
Cosmetics / Toiletries — 0.3%  
KIK Custom Products, Inc.                  

Term Loan, 6.30%, (1 mo. USD LIBOR + 4.00%), Maturing May 15, 2023

            1,820     $ 1,816,459  
                    $ 1,816,459  
Drugs — 5.9%  
Albany Molecular Research, Inc.                  

Term Loan, 5.55%, (1 mo. USD LIBOR + 3.25%), Maturing August 30, 2024

      792     $ 793,287  

Term Loan - Second Lien, 9.30%, (1 mo. USD LIBOR + 7.00%), Maturing August 30, 2025

      500       502,083  
Alkermes, Inc.                  

Term Loan, 4.54%, (1 mo. USD LIBOR + 2.25%), Maturing March 23, 2023

      354       355,973  
Amneal Pharmaceuticals, LLC                  

Term Loan, 5.81%, (1 mo. USD LIBOR + 3.50%), Maturing May 4, 2025

      3,441       3,460,619  
Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Drugs (continued)  
Arbor Pharmaceuticals, Inc.                  

Term Loan, 7.49%, (6 mo. USD LIBOR + 5.00%), Maturing July 5, 2023

      2,715     $ 2,721,756  
Bausch Health Companies, Inc.                  

Term Loan, 5.27%, (1 mo. USD LIBOR + 3.00%), Maturing June 1, 2025

      6,161       6,176,155  
Endo Luxembourg Finance Company I S.a.r.l.                  

Term Loan, 6.56%, (1 mo. USD LIBOR + 4.25%), Maturing April 29, 2024

      4,641       4,662,484  
Horizon Pharma, Inc.                  

Term Loan, 5.31%, (1 mo. USD LIBOR + 3.00%), Maturing March 29, 2024

      3,929       3,941,624  
Jaguar Holding Company II                  

Term Loan, 4.80%, (1 mo. USD LIBOR + 2.50%), Maturing August 18, 2022

      6,553       6,540,966  
Mallinckrodt International Finance SA                  

Term Loan, 5.14%, (3 mo. USD LIBOR + 2.75%), Maturing September 24, 2024

      2,473       2,447,410  

Term Loan, 5.52%, (6 mo. USD LIBOR + 3.00%), Maturing February 24, 2025

      846       841,345  
PharMerica Corporation                  

Term Loan, 5.78%, (1 mo. USD LIBOR + 3.50%), Maturing December 6, 2024

      771       774,981  

Term Loan - Second Lien, 10.03%, (1 mo. USD LIBOR + 7.75%), Maturing December 7, 2025

            400       400,500  
                    $ 33,619,183  
Ecological Services and Equipment — 1.1%  
Advanced Disposal Services, Inc.                  

Term Loan, 4.46%, (1 week USD LIBOR + 2.25%), Maturing November 10, 2023

      1,971     $ 1,973,401  
EnergySolutions, LLC                  

Term Loan, 6.14%, (3 mo. USD LIBOR + 3.75%), Maturing May 9, 2025

      1,197       1,207,474  
GFL Environmental, Inc.                  

Term Loan, 5.14%, (3 mo. USD LIBOR + 2.75%), Maturing May 30, 2025

      2,107       2,081,604  

Term Loan, 7.00%, (3 mo. USD Prime + 1.75%), Maturing May 30, 2025

      262       259,232  
Wastequip, LLC                  

Term Loan, 5.79%, (1 mo. USD LIBOR + 3.50%), Maturing March 20, 2025

      124       125,114  
Wrangler Buyer Corp.                  

Term Loan, 5.01%, (1 mo. USD LIBOR + 2.75%), Maturing September 27, 2024

            695       696,344  
                    $ 6,343,169  
 

 

  11   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description       

Principal

Amount*

(000’s omitted)

    Value  
Electronics / Electrical — 17.4%  
Almonde, Inc.                

Term Loan, 5.89%, (3 mo. USD LIBOR + 3.50%), Maturing June 13, 2024

      3,470     $ 3,455,064  
Answers Finance, LLC                

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

      481       470,977  
Applied Systems, Inc.                

Term Loan, 5.39%, (3 mo. USD LIBOR + 3.00%), Maturing September 19, 2024

      2,228       2,235,234  
Aptean, Inc.                

Term Loan, 6.64%, (3 mo. USD LIBOR + 4.25%), Maturing December 20, 2022

      1,494       1,497,339  
Avast Software B.V.                

Term Loan, 4.89%, (3 mo. USD LIBOR + 2.50%), Maturing September 30, 2023

      1,355       1,361,917  
Barracuda Networks, Inc.                

Term Loan, 5.54%, (1 mo. USD LIBOR + 3.25%), Maturing February 12, 2025

      1,922       1,925,666  
Blackhawk Network Holdings, Inc.                

Term Loan, 5.39%, (3 mo. USD LIBOR + 3.00%), Maturing June 15, 2025

      773       775,575  
BMC Software Finance, Inc.                

Term Loan, 4.75%, (3 mo. EURIBOR + 4.75%), Maturing October 2, 2025

  EUR     275       315,210  

Term Loan, 6.65%, (3 mo. USD LIBOR + 4.25%), Maturing October 2, 2025

      3,125       3,138,672  
Campaign Monitor Finance Pty. Limited                

Term Loan, 7.49%, (3 mo. USD LIBOR + 5.25%), Maturing March 18, 2021

      677       631,903  
Cohu, Inc.                

Term Loan, 5.40%, (3 mo. USD LIBOR + 3.00%), Maturing September 20, 2025

      750       751,406  
CommScope, Inc.                

Term Loan, 4.30%, (1 mo. USD LIBOR + 2.00%), Maturing December 29, 2022

      360       361,174  
CPI International, Inc.                

Term Loan, 5.80%, (1 mo. USD LIBOR + 3.50%), Maturing July 26, 2024

      644       644,304  
Cypress Semiconductor Corporation                

Term Loan, 4.31%, (1 mo. USD LIBOR + 2.00%), Maturing July 5, 2021

      987       986,633  
DigiCert, Inc.                

Term Loan, 6.30%, (1 mo. USD LIBOR + 4.00%), Maturing October 31, 2024

      3,245       3,249,688  
Electro Rent Corporation                

Term Loan, 7.49%, (3 mo. USD LIBOR + 5.00%), Maturing January 31, 2024

      1,228       1,241,942  
Borrower/Tranche Description       

Principal

Amount*

(000’s omitted)

    Value  
Electronics / Electrical (continued)  
Energizer Holdings, Inc.                

Term Loan, Maturing June 20, 2025(5)

      525     $ 528,058  
Entegris, Inc.                

Term Loan, 4.55%, (1 mo. USD LIBOR + 2.25%), Maturing April 30, 2021

      118       118,759  
Epicor Software Corporation                

Term Loan, 5.56%, (1 mo. USD LIBOR + 3.25%), Maturing June 1, 2022

      2,708       2,715,360  
Exact Merger Sub, LLC                

Term Loan, 6.64%, (3 mo. USD LIBOR + 4.25%), Maturing September 27, 2024

      594       599,012  
EXC Holdings III Corp.                

Term Loan, 5.89%, (3 mo. USD LIBOR + 3.50%), Maturing December 2, 2024

      471       475,563  
Financial & Risk US Holdings, Inc.                

Term Loan, 6.05%, (1 mo. USD LIBOR + 3.75%), Maturing October 1, 2025

      1,125       1,116,563  
Flexera Software, LLC                

Term Loan, 5.56%, (1 mo. USD LIBOR + 3.25%), Maturing February 26, 2025

      249       249,694  
GlobalLogic Holdings, Inc.                

Term Loan, 1.63%, Maturing August 1, 2025(2)

      59       59,858  

Term Loan, 5.55%, (1 mo. USD LIBOR + 3.25%), Maturing August 1, 2025

      416       419,002  
Go Daddy Operating Company, LLC                

Term Loan, 4.55%, (1 mo. USD LIBOR + 2.25%), Maturing February 15, 2024

      5,228       5,239,907  
GoodRx, Inc.                

Term Loan, 5.28%, (3 mo. USD LIBOR + 3.00%), Maturing October 10, 2025

      275       276,547  
GTCR Valor Companies, Inc.                

Term Loan, 5.14%, (3 mo. USD LIBOR + 2.75%), Maturing June 16, 2023

      1,367       1,369,239  

Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing June 20, 2023

  EUR     495       564,166  
Hyland Software, Inc.                

Term Loan, 5.55%, (1 mo. USD LIBOR + 3.25%), Maturing July 1, 2024

      3,779       3,796,966  
Infoblox, Inc.                

Term Loan, 6.80%, (1 mo. USD LIBOR + 4.50%), Maturing November 7, 2023

      2,000       2,017,408  
Infor (US), Inc.                

Term Loan, 5.14%, (3 mo. USD LIBOR + 2.75%), Maturing February 1, 2022

      5,845       5,832,362  
Informatica, LLC                

Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), Maturing August 5, 2022

  EUR     298       340,079  

Term Loan, 5.55%, (1 mo. USD LIBOR + 3.25%), Maturing August 5, 2022

      3,688       3,703,444  
 

 

  12   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description       

Principal

Amount*

(000’s omitted)

    Value  
Electronics / Electrical (continued)  
Lattice Semiconductor Corporation                

Term Loan, 6.53%, (1 mo. USD LIBOR + 4.25%), Maturing March 10, 2021

      458     $ 461,070  
MA FinanceCo., LLC                

Term Loan, 4.55%, (1 mo. USD LIBOR + 2.25%), Maturing November 19, 2021

      2,818       2,799,397  

Term Loan, 4.80%, (1 mo. USD LIBOR + 2.50%), Maturing June 21, 2024

      480       476,441  
MACOM Technology Solutions Holdings, Inc.        

Term Loan, 4.55%, (1 mo. USD LIBOR + 2.25%), Maturing May 17, 2024

      1,193       1,157,368  
Microchip Technology Incorporated                

Term Loan, 4.31%, (1 mo. USD LIBOR + 2.00%), Maturing May 29, 2025

      2,283       2,277,162  
MTS Systems Corporation                

Term Loan, 5.54%, (1 mo. USD LIBOR + 3.25%), Maturing July 5, 2023

      1,106       1,111,693  
Prometric Holdings, Inc.                

Term Loan, 5.31%, (1 mo. USD LIBOR + 3.00%), Maturing January 29, 2025

      299       299,619  
Renaissance Holding Corp.                

Term Loan, 5.55%, (1 mo. USD LIBOR + 3.25%), Maturing May 30, 2025

      1,197       1,193,010  

Term Loan - Second Lien, 9.30%, (1 mo. USD LIBOR + 7.00%), Maturing May 29, 2026

      175       174,672  
Rocket Software, Inc.                

Term Loan, 6.14%, (3 mo. USD LIBOR + 3.75%), Maturing October 14, 2023

      1,276       1,280,908  
Seattle Spinco, Inc.                

Term Loan, 4.80%, (1 mo. USD LIBOR + 2.50%), Maturing June 21, 2024

      3,242       3,218,532  
SGS Cayman L.P.                

Term Loan, 7.76%, (3 mo. USD LIBOR + 5.38%), Maturing April 23, 2021

      383       365,250  
SkillSoft Corporation                

Term Loan, 7.05%, (1 mo. USD LIBOR + 4.75%), Maturing April 28, 2021

      4,738       4,384,813  
SolarWinds Holdings, Inc.                

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing February 5, 2024

      1,886       1,892,286  
Southwire Company                

Term Loan, 4.29%, (1 mo. USD LIBOR + 2.00%), Maturing May 19, 2025

      574       575,785  
SS&C Technologies Holdings Europe S.a.r.l.        

Term Loan, 4.55%, (1 mo. USD LIBOR + 2.25%), Maturing April 16, 2025

      1,323       1,317,791  
Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Electronics / Electrical (continued)  
SS&C Technologies, Inc.                  

Term Loan, 4.55%, (1 mo. USD LIBOR + 2.25%), Maturing April 16, 2025

      3,412     $ 3,399,874  
SurveyMonkey, Inc.                  

Term Loan, 6.06%, (1 mo. USD LIBOR + 3.75%), Maturing October 10, 2025

      1,045       1,050,225  
Sutherland Global Services, Inc.                  

Term Loan, 7.76%, (3 mo. USD LIBOR + 5.38%), Maturing April 23, 2021

      1,644       1,569,095  
Switch, Ltd.                  

Term Loan, 4.55%, (1 mo. USD LIBOR + 2.25%), Maturing June 27, 2024

      247       247,698  
Tibco Software, Inc.                  

Term Loan, 5.80%, (3 mo. USD LIBOR + 3.50%), Maturing December 4, 2020

      494       494,644  
TriTech Software Systems                  

Term Loan, 6.05%, (1 mo. USD LIBOR + 3.75%), Maturing August 29, 2025

      825       828,438  
TTM Technologies, Inc.                  

Term Loan, 4.76%, (1 mo. USD LIBOR + 2.50%), Maturing September 28, 2024

      297       296,954  
Uber Technologies                  

Term Loan, 5.78%, (1 mo. USD LIBOR + 3.50%), Maturing July 13, 2023

      4,144       4,153,252  

Term Loan, 6.28%, (1 mo. USD LIBOR + 4.00%), Maturing April 4, 2025

      1,471       1,476,140  
Ultra Clean Holdings, Inc.                  

Term Loan, 6.80%, (1 mo. USD LIBOR + 4.50%), Maturing August 27, 2025

      875       860,781  
Verifone Systems, Inc.                  

Term Loan, 6.32%, (3 mo. USD LIBOR + 4.00%), Maturing August 20, 2025

      900       901,800  
Veritas Bermuda, Ltd.                  

Term Loan, 6.82%, (USD LIBOR + 4.50%), Maturing January 27,
2023(4)

      2,172       2,078,519  
Vero Parent, Inc.                  

Term Loan, 7.30%, (1 mo. USD LIBOR + 5.00%), Maturing August 16, 2024

      2,450       2,459,745  
Wall Street Systems Delaware, Inc.                  

Term Loan, 4.00%, (3 mo. EURIBOR + 3.00%, Floor 1.00%), Maturing November 21, 2024

    EUR       571       653,392  

Term Loan, 5.39%, (3 mo. USD LIBOR + 3.00%), Maturing November 21, 2024

      744       740,653  
Western Digital Corporation                  

Term Loan, 4.04%, (1 mo. USD LIBOR + 1.75%), Maturing April 29, 2023

            1,612       1,605,078  
                    $ 98,266,776  
 

 

  13   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Equipment Leasing — 0.8%  
Avolon TLB Borrower 1 (US), LLC                  

Term Loan, 4.28%, (1 mo. USD LIBOR + 2.00%), Maturing January 15, 2025

      4,059     $ 4,053,159  
IBC Capital Limited                  

Term Loan, 6.09%, (3 mo. USD LIBOR + 3.75%), Maturing September 11, 2023

            572       572,125  
                    $ 4,625,284  
Financial Intermediaries — 4.2%  
Citco Funding, LLC                  

Term Loan, 4.80%, (1 mo. USD LIBOR + 2.50%), Maturing March 31, 2022

      2,504     $ 2,513,426  
Clipper Acquisitions Corp.                  

Term Loan, 4.03%, (1 mo. USD LIBOR + 1.75%), Maturing December 27, 2024

      1,166       1,167,636  
Ditech Holding Corporation                  

Term Loan, 8.30%, (1 mo. USD LIBOR + 6.00%), Maturing June 30, 2022

      3,385       3,148,472  
Donnelley Financial Solutions, Inc.                  

Term Loan, 5.22%, (1 week USD LIBOR + 3.00%), Maturing October 2, 2023

      169       169,351  
EIG Management Company, LLC                  

Term Loan, 6.06%, (3 mo. USD LIBOR + 3.75%), Maturing February 22, 2025

      249       250,460  
Evergood 4 ApS                  

Term Loan, Maturing February 6, 2025(5)

    EUR       107       121,773  

Term Loan, Maturing February 6, 2025(5)

    EUR       568       649,456  
Focus Financial Partners, LLC                  

Term Loan, 4.80%, (1 mo. USD LIBOR + 2.50%), Maturing July 3, 2024

      1,796       1,800,549  
Fortress Investment Group, LLC                  

Term Loan, 4.30%, (1 mo. USD LIBOR + 2.00%), Maturing December 27, 2022

      975       975,456  
Franklin Square Holdings L.P.                  

Term Loan, 4.81%, (1 mo. USD LIBOR + 2.50%), Maturing August 1, 2025

      525       527,290  
Freedom Mortgage Corporation                  

Term Loan, 7.05%, (1 mo. USD LIBOR + 4.75%), Maturing February 23, 2022

      1,857       1,872,841  
Greenhill & Co., Inc.                  

Term Loan, 6.05%, (USD LIBOR + 3.75%), Maturing October 12, 2022(4)

      963       968,516  
GreenSky Holdings, LLC                  

Term Loan, 5.56%, (1 mo. USD LIBOR + 3.25%), Maturing March 31, 2025

      1,368       1,374,966  
Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Financial Intermediaries (continued)  
Guggenheim Partners, LLC                  

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing July 21, 2023

      1,020     $ 1,027,604  
Harbourvest Partners, LLC                  

Term Loan, 4.53%, (1 mo. USD LIBOR + 2.25%), Maturing March 1, 2025

      1,043       1,045,509  
LPL Holdings, Inc.                  

Term Loan, 4.53%, (1 mo. USD LIBOR + 2.25%), Maturing September 23, 2024

      1,358       1,362,090  
MIP Delaware, LLC                  

Term Loan, 5.39%, (3 mo. USD LIBOR + 3.00%), Maturing March 9, 2020

      99       99,133  
Ocwen Financial Corporation                  

Term Loan, 7.28%, (1 mo. USD LIBOR + 5.00%), Maturing December 5, 2020

      281       283,001  
Sesac Holdco II, LLC                  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing February 23, 2024

      542       541,073  
StepStone Group L.P.                  

Term Loan, 6.29%, (1 mo. USD LIBOR + 4.00%), Maturing March 14, 2025

      597       602,224  
Victory Capital Holdings, Inc.                  

Term Loan, 5.14%, (3 mo. USD LIBOR + 2.75%), Maturing February 12, 2025

      253       253,778  
Virtus Investment Partners, Inc.                  

Term Loan, 4.91%, (3 mo. USD LIBOR + 2.50%), Maturing June 1, 2024

      650       652,261  
Walker & Dunlop, Inc.                  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing December 11, 2020

            2,092       2,105,209  
                    $ 23,512,074  
Food Products — 4.1%  
Alphabet Holding Company, Inc.                  

Term Loan, 5.80%, (1 mo. USD LIBOR + 3.50%), Maturing September 26, 2024

      2,351     $ 2,250,588  
Badger Buyer Corp.                  

Term Loan, 5.80%, (1 mo. USD LIBOR + 3.50%), Maturing September 30, 2024

      347       346,284  
CHG PPC Parent, LLC                  

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing March 31, 2025

      474       473,220  
Del Monte Foods, Inc.                  

Term Loan, 5.56%, (3 mo. USD LIBOR + 3.25%), Maturing February 18, 2021

      2,158       1,920,260  
 

 

  14   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Food Products (continued)  
Dole Food Company, Inc.                  

Term Loan, 5.05%, (USD LIBOR + 2.75%), Maturing April 6, 2024(4)

      1,671     $ 1,669,135  
Froneri International PLC                  

Term Loan, 2.63%, (3 mo. EURIBOR + 2.63%), Maturing January 22, 2025

    EUR       2,675       3,049,858  
Hearthside Food Solutions, LLC                  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing May 23, 2025

      698       687,558  
High Liner Foods Incorporated                  

Term Loan, 5.65%, (3 mo. USD LIBOR + 3.25%), Maturing April 24, 2021

      759       719,270  
HLF Financing S.a.r.l.                  

Term Loan, 5.55%, (1 mo. USD LIBOR + 3.25%), Maturing August 18, 2025

      1,025       1,030,125  
Jacobs Douwe Egberts International B.V.        

Term Loan, 2.75%, (3 mo. EURIBOR + 2.00%, Floor 0.75%), Maturing July 1, 2022

    EUR       277       315,744  

Term Loan, 4.63%, (3 mo. USD LIBOR + 2.25%), Maturing July 1, 2022

      1,576       1,579,622  
JBS USA, LLC                  

Term Loan, 4.84%, (3 mo. USD LIBOR + 2.50%), Maturing October 30, 2022

      6,852       6,860,248  
Nomad Foods Europe Midco Limited                  

Term Loan, 4.53%, (1 mo. USD LIBOR + 2.25%), Maturing May 15, 2024

      1,194       1,190,020  
Post Holdings, Inc.                  

Term Loan, 4.29%, (1 mo. USD LIBOR + 2.00%), Maturing May 24, 2024

      982       981,741  
Restaurant Technologies, Inc.                  

Term Loan, 5.65%, (3 mo. USD LIBOR + 3.25%), Maturing October 1, 2025

            200       201,000  
                    $ 23,274,673  
Food Service — 2.4%  
1011778 B.C. Unlimited Liability Company        

Term Loan, 4.55%, (1 mo. USD LIBOR + 2.25%), Maturing February 16, 2024

      5,420     $ 5,404,276  
Aramark Services, Inc.                  

Term Loan, 4.05%, (1 mo. USD LIBOR + 1.75%), Maturing March 11, 2025

      839       840,970  
Del Frisco’s Restaurant Group, Inc.                  

Term Loan, 8.31%, (1 mo. USD LIBOR + 6.00%), Maturing June 27, 2025

      574       562,091  
Dhanani Group, Inc.                  

Term Loan, 6.05%, (1 mo. USD LIBOR + 3.75%), Maturing July 20, 2025

      599       596,256  
Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Food Service (continued)  
IRB Holding Corp.                  

Term Loan, 5.46%, (2 mo. USD LIBOR + 3.25%), Maturing February 5, 2025

      1,846     $ 1,846,534  
KFC Holding Co.                  

Term Loan, 4.04%, (1 mo. USD LIBOR + 1.75%), Maturing April 3, 2025

      956       956,965  
NPC International, Inc.                  

Term Loan, 5.80%, (1 mo. USD LIBOR + 3.50%), Maturing April 19, 2024

      864       868,383  
Seminole Hard Rock Entertainment, Inc.        

Term Loan, 5.15%, (3 mo. USD LIBOR + 2.75%), Maturing May 14, 2020

      261       261,485  
US Foods, Inc.                  

Term Loan, 4.30%, (1 mo. USD LIBOR + 2.00%), Maturing June 27, 2023

      796       795,716  
Welbilt, Inc.                  

Term Loan, 4.78%, (1 mo. USD LIBOR + 2.50%), Maturing October 23, 2025

            1,417       1,417,107  
                    $ 13,549,783  
Food / Drug Retailers — 1.4%  
Albertsons, LLC                  

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing August 25, 2021

      1,217     $ 1,216,591  

Term Loan, 5.38%, (3 mo. USD LIBOR + 3.00%), Maturing December 21, 2022

      1,474       1,471,909  

Term Loan, 5.31%, (3 mo. USD LIBOR + 3.00%), Maturing June 22, 2023

      3,691       3,674,178  

Term Loan, Maturing October 29, 2025(5)

      200       198,650  
Diplomat Pharmacy, Inc.                  

Term Loan, 6.81%, (1 mo. USD LIBOR + 4.50%), Maturing December 20, 2024

      464       466,634  
Holland & Barrett International                  

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

    EUR       400       440,742  

Term Loan, 6.05%, (3 mo. GBP LIBOR + 5.25%), Maturing September 2, 2024

    GBP       400       488,273  
                    $ 7,956,977  
Health Care — 14.0%  
Acadia Healthcare Company, Inc.                  

Term Loan, 4.80%, (1 mo. USD LIBOR + 2.50%), Maturing February 11, 2022

      235     $ 235,788  
ADMI Corp.                  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing April 30, 2025

      1,671       1,677,339  
 

 

  15   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description       

Principal

Amount*

(000’s omitted)

    Value  
Health Care (continued)  
Akorn, Inc.                

Term Loan, 7.81%, (1 mo. USD LIBOR + 5.50%), Maturing April 16, 2021

      1,836     $ 1,703,961  
Alliance Healthcare Services, Inc.                

Term Loan, 6.80%, (1 mo. USD LIBOR + 4.50%), Maturing October 24, 2023

      1,010       1,016,944  

Term Loan - Second Lien, 12.30%, (1 mo. USD LIBOR + 10.00%), Maturing April 24, 2024

      475       476,187  
Argon Medical Devices, Inc.                

Term Loan, 6.05%, (1 mo. USD LIBOR + 3.75%), Maturing January 23, 2025

      771       776,105  
Athletico Management, LLC                

Term Loan, Maturing October 31, 2025(5)

      525       527,625  
Auris Luxembourg III S.a.r.l.                

Term Loan, 5.39%, (3 mo. USD LIBOR + 3.00%), Maturing January 17, 2022

      748       747,938  
Avantor, Inc.                

Term Loan, 6.30%, (1 mo. USD LIBOR + 4.00%), Maturing November 21, 2024

      1,216       1,225,501  
Beaver-Visitec International, Inc.                

Term Loan, 6.39%, (3 mo. USD LIBOR + 4.00%), Maturing August 21, 2023

      784       786,975  
BioClinica, Inc.                

Term Loan, 6.75%, (3 mo. USD LIBOR + 4.25%), Maturing October 20, 2023

      1,451       1,378,600  
BW NHHC Holdco, Inc.                

Term Loan, 7.29%, (1 mo. USD LIBOR + 5.00%), Maturing May 15, 2025

      973       955,543  
Carestream Dental Equipment, Inc.                

Term Loan, 5.64%, (3 mo. USD LIBOR + 3.25%), Maturing September 1, 2024

      1,361       1,356,145  
Certara L.P.                

Term Loan, 5.89%, (1 mo. USD LIBOR + 3.50%), Maturing August 15, 2024

      990       992,475  
CHG Healthcare Services, Inc.                

Term Loan, 5.45%, (USD LIBOR + 3.00%), Maturing June 7, 2023(4)

      3,181       3,195,382  
Community Health Systems, Inc.                

Term Loan, 5.56%, (3 mo. USD LIBOR + 3.25%), Maturing January 27, 2021

      1,811       1,777,628  
Concentra, Inc.                

Term Loan, 5.03%, (1 mo. USD LIBOR + 2.75%), Maturing June 1, 2022

      777       779,644  
Convatec, Inc.                

Term Loan, 4.64%, (3 mo. USD LIBOR + 2.25%), Maturing October 31, 2023

      566       570,446  
Borrower/Tranche Description       

Principal

Amount*

(000’s omitted)

    Value  
Health Care (continued)  
CPI Holdco, LLC                

Term Loan, 5.89%, (3 mo. USD LIBOR + 3.50%), Maturing March 21, 2024

      790     $ 794,496  
CryoLife, Inc.                

Term Loan, 5.64%, (3 mo. USD LIBOR + 3.25%), Maturing November 14, 2024

      496       500,592  
CTC AcquiCo GmbH                

Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing March 7, 2025

  EUR     829       940,646  
DaVita, Inc.                

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing June 24, 2021

      1,600       1,604,964  
DJO Finance, LLC                

Term Loan, 5.60%, (USD LIBOR + 3.25%), Maturing June 8, 2020(4)

      2,080       2,078,305  
Envision Healthcare Corporation                

Term Loan, 6.05%, (1 mo. USD LIBOR + 3.75%), Maturing October 10, 2025

      4,475       4,391,403  
Equian, LLC                

Term Loan, 5.54%, (1 mo. USD LIBOR + 3.25%), Maturing May 20, 2024

      593       594,049  
Gentiva Health Services, Inc.                

Term Loan, 6.06%, (1 mo. USD LIBOR + 3.75%), Maturing July 2, 2025

      1,979       1,986,558  
GHX Ultimate Parent Corporation                

Term Loan, 5.64%, (3 mo. USD LIBOR + 3.25%), Maturing June 28, 2024

      891       891,244  
Greatbatch Ltd.                

Term Loan, 5.28%, (1 mo. USD LIBOR + 3.00%), Maturing October 27, 2022

      1,694       1,703,076  
Grifols Worldwide Operations USA, Inc.                

Term Loan, 4.47%, (1 week USD LIBOR + 2.25%), Maturing January 31, 2025

      3,349       3,355,487  
Hanger, Inc.                

Term Loan, 5.80%, (1 mo. USD LIBOR + 3.50%), Maturing March 6, 2025

      1,045       1,043,444  
Indivior Finance S.a.r.l.                

Term Loan, 7.03%, (3 mo. USD LIBOR + 4.50%), Maturing December 18, 2022

      1,925       1,919,904  
Inovalon Holdings, Inc.                

Term Loan, 5.81%, (1 mo. USD LIBOR + 3.50%), Maturing April 2, 2025

      1,197       1,197,000  
IQVIA, Inc.                

Term Loan, 4.39%, (3 mo. USD LIBOR + 2.00%), Maturing March 7, 2024

      493       495,065  

Term Loan, 4.39%, (3 mo. USD LIBOR + 2.00%), Maturing January 17, 2025

      916       918,469  
 

 

  16   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description       

Principal

Amount*

(000’s omitted)

    Value  
Health Care (continued)  
Kinetic Concepts, Inc.                

Term Loan, 5.64%, (3 mo. USD LIBOR + 3.25%), Maturing February 2, 2024

      2,642     $ 2,654,496  
KUEHG Corp.                

Term Loan, 6.14%, (3 mo. USD LIBOR + 3.75%), Maturing February 21, 2025

      2,983       3,002,158  

Term Loan - Second Lien, 10.64%, (3 mo. USD LIBOR + 8.25%), Maturing August 18, 2025

      400       406,000  
Medical Solutions, LLC                

Term Loan, 6.05%, (1 mo. USD LIBOR + 3.75%), Maturing June 9, 2024

      744       746,103  
MedPlast Holdings, Inc.                

Term Loan, 6.15%, (3 mo. USD LIBOR + 3.75%), Maturing July 2, 2025

      450       453,656  
MPH Acquisition Holdings, LLC                

Term Loan, 5.14%, (3 mo. USD LIBOR + 2.75%), Maturing June 7, 2023

      3,213       3,210,334  
National Mentor Holdings, Inc.                

Term Loan, 5.39%, (3 mo. USD LIBOR + 3.00%), Maturing January 31, 2021

      990       989,866  
Navicure, Inc.                

Term Loan, 6.05%, (1 mo. USD LIBOR + 3.75%), Maturing November 1, 2024

      770       773,144  
New Millennium Holdco, Inc.                

Term Loan, 8.80%, (1 mo. USD LIBOR + 6.50%), Maturing December 21, 2020

      490       269,448  
One Call Corporation                

Term Loan, 7.53%, (1 mo. USD LIBOR + 5.25%), Maturing November 25, 2022

      2,362       2,223,490  
Ortho-Clinical Diagnostics SA                

Term Loan, 5.54%, (1 mo. USD LIBOR + 3.25%), Maturing June 30, 2025

      3,262       3,255,278  
Parexel International Corporation                

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing September 27, 2024

      2,574       2,543,434  
Press Ganey Holdings, Inc.                

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing October 23, 2023

      737       738,564  
Prospect Medical Holdings, Inc.                

Term Loan, 7.81%, (1 mo. USD LIBOR + 5.50%), Maturing February 22, 2024

      1,169       1,175,701  
R1 RCM, Inc.                

Term Loan, 7.65%, (3 mo. USD LIBOR + 5.25%), Maturing May 8, 2025

      574       573,562  
RadNet, Inc.                

Term Loan, 6.22%, (3 mo. USD LIBOR + 3.75%), Maturing June 30, 2023

      1,470       1,476,861  
Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Health Care (continued)  
Select Medical Corporation                  

Term Loan, 4.78%, (3 mo. USD LIBOR + 2.50%), Maturing March 6, 2025

      1,601     $ 1,607,828  
Sotera Health Holdings, LLC                  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing May 15, 2022

      828       829,202  
Sound Inpatient Physicians                  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing June 27, 2025

      449       449,997  
Surgery Center Holdings, Inc.                  

Term Loan, 5.57%, (3 mo. USD LIBOR + 3.25%), Maturing September 2, 2024

      990       989,381  
Syneos Health, Inc.                  

Term Loan, 4.30%, (1 mo. USD LIBOR + 2.00%), Maturing August 1, 2024

      371       371,291  
Team Health Holdings, Inc.                  

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing February 6, 2024

      1,995       1,892,400  
Tecomet, Inc.                  

Term Loan, 5.78%, (1 mo. USD LIBOR + 3.50%), Maturing May 1, 2024

      765       767,823  
U.S. Anesthesia Partners, Inc.                  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing June 23, 2024

      1,136       1,140,045  
Universal Hospital Services, Inc.                  

Term Loan, Maturing October 18, 2025(5)

      425       428,187  
Verscend Holding Corp.                  

Term Loan, 6.80%, (1 mo. USD LIBOR + 4.50%), Maturing August 27, 2025

      1,475       1,486,984  
Wink Holdco, Inc.                  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing December 2, 2024

            471       471,143  
                    $ 79,521,304  
Home Furnishings — 1.0%  
Bright Bidco B.V.                  

Term Loan, 5.86%, (USD LIBOR + 3.50%), Maturing June 30, 2024(4)

      1,507     $ 1,479,797  
Serta Simmons Bedding, LLC                  

Term Loan, 5.77%, (USD LIBOR + 3.50%), Maturing November 8, 2023(4)

            4,372       3,975,355  
                    $ 5,455,152  
Industrial Equipment — 6.2%  
AL Alpine AT Bidco GmbH                  

Term Loan, Maturing September 30,
2025(5)

      225     $ 225,563  
 

 

  17   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description       

Principal

Amount*

(000’s omitted)

    Value  
Industrial Equipment (continued)  
Altra Industrial Motion Corp.                

Term Loan, 4.30%, (1 mo. USD LIBOR + 2.00%), Maturing October 1, 2025

      725     $ 724,094  
Apex Tool Group, LLC                

Term Loan, 6.05%, (1 mo. USD LIBOR + 3.75%), Maturing February 1, 2022

      2,355       2,327,917  
CFSP Acquisition Corp.                

Term Loan, 1.00%, Maturing March 20, 2025(2)

      46       45,667  

Term Loan, 5.29%, (1 mo. USD LIBOR + 3.00%), Maturing March 20, 2025

      203       201,446  
Clark Equipment Company                

Term Loan, 4.38%, (USD LIBOR + 2.00%), Maturing May 18, 2024(4)

      1,613       1,609,605  
Coherent Holding GmbH                

Term Loan, 2.75%, (3 mo. EURIBOR + 2.00%, Floor 0.75%), Maturing November 7, 2023

  EUR     666       762,252  
Delachaux SA                

Term Loan, 5.89%, (3 mo. USD LIBOR + 3.50%), Maturing October 28, 2021

      379       381,892  
DexKo Global, Inc.                

Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), Maturing July 24, 2024

  EUR     299       341,070  

Term Loan, 3.75%, (1 week EURIBOR + 3.75%), Maturing July 24, 2024

  EUR     747       852,675  

Term Loan, 5.80%, (1 mo. USD LIBOR + 3.50%), Maturing July 24, 2024

      844       846,975  
DXP Enterprises, Inc.                

Term Loan, 7.05%, (1 mo. USD LIBOR + 4.75%), Maturing August 29, 2023

      495       498,712  
Engineered Machinery Holdings, Inc.                

Term Loan, 5.64%, (3 mo. USD LIBOR + 3.25%), Maturing July 19, 2024

      1,823       1,807,375  
EWT Holdings III Corp.                

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing December 20, 2024

      1,918       1,915,817  
Filtration Group Corporation                

Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), Maturing March 29, 2025

  EUR     373       425,614  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing March 29, 2025

      1,592       1,600,624  
Gardner Denver, Inc.                

Term Loan, 3.00%, (1 mo. EURIBOR + 3.00%), Maturing July 30, 2024

  EUR     381       434,048  

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing July 30, 2024

      1,037       1,041,415  
Gates Global, LLC                

Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing April 1, 2024

  EUR     862       979,100  

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing April 1, 2024

      4,185       4,197,286  
Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Industrial Equipment (continued)  
Hamilton Holdco, LLC                  

Term Loan, 4.40%, (3 mo. USD LIBOR + 2.00%), Maturing July 2, 2025

      823     $ 823,709  
Hayward Industries, Inc.                  

Term Loan, 5.79%, (1 mo. USD LIBOR + 3.50%), Maturing August 5, 2024

      446       448,493  
LTI Holdings, Inc.                  

Term Loan, 5.80%, (1 mo. USD LIBOR + 3.50%), Maturing September 6, 2025

      450       450,281  
Milacron, LLC                  

Term Loan, 4.80%, (1 mo. USD LIBOR + 2.50%), Maturing September 28, 2023

      2,550       2,555,827  
Paladin Brands Holding, Inc.                  

Term Loan, 7.89%, (3 mo. USD LIBOR + 5.50%), Maturing August 15, 2022

      1,194       1,198,895  
Pro Mach Group, Inc.                  

Term Loan, 5.28%, (1 mo. USD LIBOR + 3.00%), Maturing March 7, 2025

      224       223,175  
Rexnord, LLC                  

Term Loan, 4.29%, (1 mo. USD LIBOR + 2.00%), Maturing August 21, 2024

      1,897       1,902,772  
Robertshaw US Holding Corp.                  

Term Loan, 5.81%, (1 mo. USD LIBOR + 3.50%), Maturing February 28, 2025

      970       960,424  
Shape Technologies Group, Inc.                  

Term Loan, 5.30%, (USD LIBOR + 3.00%), Maturing April 20, 2025(4)

      224       224,297  
Tank Holding Corp.                  

Term Loan, 5.81%, (USD LIBOR + 3.50%), Maturing March 17,
2022(4)

      1,054       1,057,280  
Thermon Industries, Inc.                  

Term Loan, 6.01%, (1 mo. USD LIBOR + 3.75%), Maturing October 24, 2024

      330       332,664  
Titan Acquisition Limited                  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing March 28, 2025

      2,886       2,724,394  
Wittur GmbH                  

Term Loan, 5.00%, (3 mo. EURIBOR + 4.00%, Floor 1.00%), Maturing March 31, 2022

    EUR       900       1,031,491  
                    $ 35,152,849  
Insurance — 4.7%  
Alliant Holdings I, Inc.                  

Term Loan, 5.28%, (1 mo. USD LIBOR + 3.00%), Maturing May 9, 2025

      2,333     $ 2,333,688  
AmWINS Group, Inc.                  

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing January 25, 2024

      2,810       2,820,763  
 

 

  18   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Insurance (continued)  
Asurion, LLC                  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing August 4, 2022

      4,665     $ 4,678,267  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing November 3, 2023

      2,075       2,080,379  

Term Loan - Second Lien, 8.80%, (1 mo. USD LIBOR + 6.50%), Maturing August 4, 2025

      2,475       2,544,609  
Financiere CEPSAS                  

Term Loan, 4.25%, (3 mo. EURIBOR + 4.25%), Maturing January 16, 2025

    EUR       500       564,343  
FrontDoor, Inc.                  

Term Loan, 4.81%, (1 mo. USD LIBOR + 2.50%), Maturing August 14, 2025

      450       453,375  
Hub International Limited                  

Term Loan, 5.49%, (3 mo. USD LIBOR + 3.00%), Maturing April 25, 2025

      4,813       4,807,783  
NFP Corp.                  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing January 8, 2024

      2,400       2,395,370  
Sedgwick Claims Management Services, Inc.        

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing March 1, 2021

      1,069       1,070,561  
USI, Inc.                  

Term Loan, 5.39%, (3 mo. USD LIBOR + 3.00%), Maturing May 16, 2024

            2,797       2,784,165  
                    $ 26,533,303  
Leisure Goods / Activities / Movies — 5.5%  
AMC Entertainment Holdings, Inc.                  

Term Loan, 4.53%, (1 mo. USD LIBOR + 2.25%), Maturing December 15, 2022

      2,110     $ 2,113,178  

Term Loan, 4.53%, (1 mo. USD LIBOR + 2.25%), Maturing December 15, 2023

      540       541,253  
Ancestry.com Operations, Inc.                  

Term Loan, 5.55%, (1 mo. USD LIBOR + 3.25%), Maturing October 19, 2023

      2,867       2,877,590  
Bombardier Recreational Products, Inc.        

Term Loan, 4.30%, (1 mo. USD LIBOR + 2.00%), Maturing May 23, 2025

      4,323       4,318,688  
CDS U.S. Intermediate Holdings, Inc.                  

Term Loan, 6.14%, (3 mo. USD LIBOR + 3.75%), Maturing July 8, 2022

      1,052       1,041,030  
ClubCorp Holdings, Inc.                  

Term Loan, 5.14%, (3 mo. USD LIBOR + 2.75%), Maturing September 18, 2024

      1,738       1,713,576  
Crown Finance US, Inc.                  

Term Loan, 2.63%, (1 mo. EURIBOR + 2.63%), Maturing February 28, 2025

    EUR       846       962,010  
Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Leisure Goods / Activities / Movies (continued)  
Crown Finance US, Inc. (continued)                  

Term Loan, 4.80%, (1 mo. USD LIBOR + 2.50%), Maturing February 28, 2025

      1,965     $ 1,959,511  
Delta 2 (LUX) S.a.r.l.                  

Term Loan, 4.80%, (1 mo. USD LIBOR + 2.50%), Maturing February 1, 2024

      1,538       1,523,777  
Emerald Expositions Holding, Inc.                  

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing May 22, 2024

      1,095       1,094,917  
Etraveli Holding AB                  

Term Loan, 4.50%, (3 mo. EURIBOR + 4.50%), Maturing August 2, 2024

    EUR       775       885,485  
Lindblad Expeditions, Inc.                  

Term Loan, 5.80%, (1 mo. USD LIBOR + 3.50%), Maturing March 21, 2025

      195       196,890  

Term Loan, 5.80%, (1 mo. USD LIBOR + 3.50%), Maturing March 21, 2025

      1,510       1,525,895  
Live Nation Entertainment, Inc.                  

Term Loan, 4.06%, (1 mo. USD LIBOR + 1.75%), Maturing October 31, 2023

      2,445       2,451,374  
Match Group, Inc.                  

Term Loan, 4.78%, (1 mo. USD LIBOR + 2.50%), Maturing November 16, 2022

      503       506,898  
Sabre GLBL, Inc.                  

Term Loan, 4.30%, (1 mo. USD LIBOR + 2.00%), Maturing February 22, 2024

      944       944,818  
SeaWorld Parks & Entertainment, Inc.                  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing March 31, 2024

      1,694       1,693,795  
SRAM, LLC                  

Term Loan, 5.10%, (2 mo. USD LIBOR + 2.75%), Maturing March 15, 2024

      1,620       1,623,797  
Steinway Musical Instruments, Inc.                  

Term Loan, 6.03%, (1 mo. USD LIBOR + 3.75%), Maturing February 13, 2025

      846       846,807  
Travel Leaders Group, LLC                  

Term Loan, 6.29%, (1 mo. USD LIBOR + 4.00%), Maturing January 25, 2024

      898       908,411  
UFC Holdings, LLC                  

Term Loan, 5.56%, (1 mo. USD LIBOR + 3.25%), Maturing August 18, 2023

            1,397       1,406,225  
                    $ 31,135,925  
Lodging and Casinos — 5.9%  
Aristocrat Technologies, Inc.                  

Term Loan, 4.22%, (3 mo. USD LIBOR + 1.75%), Maturing October 19, 2024

      1,088     $ 1,085,933  
 

 

  19   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description       

Principal

Amount*

(000’s omitted)

    Value  
Lodging and Casinos (continued)  
Azelis Finance S.A.                

Term Loan, Maturing July 31, 2025(5)

  EUR     450     $ 515,798  
Boyd Gaming Corporation                

Term Loan, 4.47%, (1 week USD LIBOR + 2.25%), Maturing September 15, 2023

      934       937,111  
CityCenter Holdings, LLC                

Term Loan, 4.55%, (1 mo. USD LIBOR + 2.25%), Maturing April 18, 2024

      2,448       2,445,882  
Eldorado Resorts, LLC                

Term Loan, 4.56%, (USD LIBOR + 2.25%), Maturing April 17, 2024(4)

      808       810,310  
ESH Hospitality, Inc.                

Term Loan, 4.30%, (1 mo. USD LIBOR + 2.00%), Maturing August 30, 2023

      1,215       1,215,497  
Four Seasons Hotels Limited                

Term Loan, 4.30%, (1 mo. USD LIBOR + 2.00%), Maturing November 30, 2023

      909       909,665  
Golden Nugget, Inc.                

Term Loan, 5.23%, (USD LIBOR + 2.75%), Maturing October 4, 2023(4)

      4,206       4,219,741  
GVC Holdings PLC                

Term Loan, 2.75%, (3 mo. EURIBOR + 2.75%), Maturing March 29, 2024

  EUR     1,250       1,423,053  

Term Loan, 4.30%, (3 mo. GBP LIBOR + 3.50%), Maturing March 29, 2024

  GBP     650       835,071  

Term Loan, 4.80%, (1 mo. USD LIBOR + 2.50%), Maturing March 29, 2024

      1,045       1,046,709  
Hanjin International Corp.                

Term Loan, 4.94%, (3 mo. USD LIBOR + 2.50%), Maturing October 18, 2020

      500       500,000  
Hilton Worldwide Finance, LLC                

Term Loan, 4.03%, (1 mo. USD LIBOR + 1.75%), Maturing October 25, 2023

      3,668       3,675,365  
Las Vegas Sands, LLC                

Term Loan, 4.05%, (1 mo. USD LIBOR + 1.75%), Maturing March 27, 2025

      1,020       1,017,615  
MGM Growth Properties Operating Partnership L.P.        

Term Loan, 4.30%, (1 mo. USD LIBOR + 2.00%), Maturing March 21, 2025

      1,877       1,873,356  
Playa Resorts Holding B.V.                

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing April 29, 2024

      2,424       2,392,420  
Stars Group Holdings B.V. (The)                

Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), Maturing July 10, 2025

  EUR     900       1,031,385  

Term Loan, 5.89%, (3 mo. USD LIBOR + 3.50%), Maturing July 10, 2025

      3,940       3,957,363  
Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Lodging and Casinos (continued)  
VICI Properties 1, LLC                  

Term Loan, 4.28%, (1 mo. USD LIBOR + 2.00%), Maturing December 20, 2024

      2,124     $ 2,121,540  
Wyndham Hotels & Resorts, Inc.                  

Term Loan, 4.05%, (1 mo. USD LIBOR + 1.75%), Maturing May 30, 2025

            1,275       1,276,116  
                    $ 33,289,930  
Nonferrous Metals / Minerals — 1.3%  
CD&R Hydra Buyer, Inc.                  

Term Loan, 7.50%, (0.00% Cash, 7.50% PIK), Maturing August 15, 2021(3)(8)

      140     $ 119,600  
Dynacast International, LLC                  

Term Loan, 5.64%, (3 mo. USD LIBOR + 3.25%), Maturing January 28, 2022

      1,194       1,196,672  
Global Brass & Copper, Inc.                  

Term Loan, 4.81%, (1 mo. USD LIBOR + 2.50%), Maturing May 29, 2025

      809       810,521  
Murray Energy Corporation                  

Term Loan, 9.78%, (3 mo. USD LIBOR + 7.25%), Maturing October 17, 2022

      1,883       1,716,498  
Noranda Aluminum Acquisition Corporation        

Term Loan, 0.00%, Maturing February 28, 2019(3)(6)

      888       68,477  
Oxbow Carbon, LLC                  

Term Loan, 5.80%, (1 mo. USD LIBOR + 3.50%), Maturing January 4, 2023

      1,426       1,430,971  

Term Loan - Second Lien, 9.80%, (1 mo. USD LIBOR + 7.50%), Maturing January 4, 2024

      725       741,313  
Rain Carbon GmbH                  

Term Loan, 2.75%, (6 mo. EURIBOR + 2.75%), Maturing January 16, 2025

    EUR       925       1,053,464  
                    $ 7,137,516  
Oil and Gas — 2.3%  
Ameriforge Group, Inc.                  

Term Loan, 9.39%, (3 mo. USD LIBOR + 7.00%), Maturing June 8, 2022

      732     $ 737,744  
Apergy Corporation                  

Term Loan, 4.81%, (1 mo. USD LIBOR + 2.50%), Maturing May 9, 2025

      333       333,826  
Centurion Pipeline Company, LLC                  

Term Loan, 5.64%, (3 mo. USD LIBOR + 3.25%), Maturing September 29, 2025

      250       252,188  
CITGO Petroleum Corporation                  

Term Loan, 5.90%, (3 mo. USD LIBOR + 3.50%), Maturing July 29, 2021

      936       936,780  
 

 

  20   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Oil and Gas (continued)  
Delek US Holdings, Inc.                  

Term Loan, 4.55%, (1 mo. USD LIBOR + 2.25%), Maturing March 31, 2025

      373     $ 373,591  
Fieldwood Energy, LLC                  

Term Loan, 7.55%, (1 mo. USD LIBOR + 5.25%), Maturing April 11, 2022

      2,377       2,397,798  

Term Loan - Second Lien, 9.55%, (1 mo. USD LIBOR + 7.25%), Maturing April 11, 2023

      202       193,323  
Green Plains Renewable Energy, Inc.                  

Term Loan, 7.81%, (1 mo. USD LIBOR + 5.50%), Maturing August 18, 2023

      990       1,001,550  
McDermott Technology Americas, Inc.                  

Term Loan, 7.30%, (1 mo. USD LIBOR + 5.00%), Maturing May 10, 2025

      1,194       1,185,642  
Medallion Midland Acquisition, LLC                  

Term Loan, 5.55%, (1 mo. USD LIBOR + 3.25%), Maturing October 30, 2024

      221       219,421  
MEG Energy Corp.                  

Term Loan, 5.81%, (1 mo. USD LIBOR + 3.50%), Maturing December 31, 2023

      1,267       1,271,088  
PSC Industrial Holdings Corp.                  

Term Loan, 6.04%, (1 mo. USD LIBOR + 3.75%), Maturing October 3, 2024

      695       696,487  
Sheridan Investment Partners II L.P.                  

Term Loan, 5.82%, (3 mo. USD LIBOR + 3.50%), Maturing December 16, 2020

      34       31,064  

Term Loan, 5.82%, (3 mo. USD LIBOR + 3.50%), Maturing December 16, 2020

      92       83,293  

Term Loan, 5.82%, (3 mo. USD LIBOR + 3.50%), Maturing December 16, 2020

      660       598,768  
Sheridan Production Partners I, LLC                  

Term Loan, 5.83%, (3 mo. USD LIBOR + 3.50%), Maturing October 1, 2019

      112       107,441  

Term Loan, 5.83%, (3 mo. USD LIBOR + 3.50%), Maturing October 1, 2019

      184       175,900  

Term Loan, 5.83%, (3 mo. USD LIBOR + 3.50%), Maturing October 1, 2019

      1,388       1,327,462  
Ultra Resources, Inc.                  

Term Loan, 5.47%, (3 mo. USD LIBOR + 3.00%), Maturing April 12, 2024

            1,450       1,362,094  
                    $ 13,285,460  
Publishing — 1.6%  
Ascend Learning, LLC                  

Term Loan, 5.30%, (1 mo. USD LIBOR + 3.00%), Maturing July 12, 2024

      1,089     $ 1,090,361  
Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Publishing (continued)  
Getty Images, Inc.                  

Term Loan, 5.80%, (1 mo. USD LIBOR + 3.50%), Maturing October 18, 2019

      3,330     $ 3,299,826  
Harland Clarke Holdings Corp.                  

Term Loan, 7.14%, (3 mo. USD LIBOR + 4.75%), Maturing November 3, 2023

      799       750,946  
Lamar Media Corporation                  

Term Loan, 4.06%, (1 mo. USD LIBOR + 1.75%), Maturing March 14, 2025

      522       524,116  
LSC Communications, Inc.                  

Term Loan, 7.80%, (1 mo. USD LIBOR + 5.50%), Maturing September 30, 2022

      917       921,250  
Merrill Communications, LLC                  

Term Loan, 7.78%, (3 mo. USD LIBOR + 5.25%), Maturing June 1, 2022

      263       265,996  
Multi Color Corporation                  

Term Loan, 4.30%, (1 mo. USD LIBOR + 2.00%), Maturing October 31, 2024

      323       323,638  
ProQuest, LLC                  

Term Loan, 5.55%, (1 mo. USD LIBOR + 3.25%), Maturing October 24, 2021

      1,616       1,625,259  
Tweddle Group, Inc.                  

Term Loan, 6.95%, (6 mo. USD LIBOR + 4.50%), Maturing September 17, 2023

            249       241,472  
                    $ 9,042,864  
Radio and Television — 3.6%  
ALM Media Holdings, Inc.                  

Term Loan, 6.89%, (3 mo. USD LIBOR + 4.50%), Maturing July 31, 2020

      380     $ 347,264  
CBS Radio, Inc.                  

Term Loan, 5.04%, (1 mo. USD LIBOR + 2.75%), Maturing November 18, 2024

      1,501       1,495,995  
Cumulus Media New Holdings, Inc.                  

Term Loan, 6.81%, (1 mo. USD LIBOR + 4.50%), Maturing May 15, 2022

      2,963       2,926,750  
Entravision Communications Corporation                  

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing November 29, 2024

      1,064       1,052,721  
Gray Television, Inc.                  

Term Loan, 4.52%, (3 mo. USD LIBOR + 2.25%), Maturing February 7, 2024

      209       208,998  
Hubbard Radio, LLC                  

Term Loan, 5.31%, (1 mo. USD LIBOR + 3.00%), Maturing March 28, 2025

      601       601,299  
iHeartCommunications, Inc.                  

Term Loan, 0.00%, Maturing January 30, 2019(6)

      2,132       1,550,449  

Term Loan, 0.00%, Maturing July 30,
2019(6)

      364       264,135  
 

 

  21   See Notes to Financial Statements.


Eaton Vance

Senior Floating-Rate Trust

October 31, 2018

 

Portfolio of Investments — continued

 

 

Borrower/Tranche Description         

Principal

Amount*

(000’s omitted)

    Value  
Radio and Television (continued)  
Mission Broadcasting, Inc.                  

Term Loan, Maturing January 17, 2024(5)

      331     $ 331,253  
Nexstar Broadcasting, Inc.                  

Term Loan, Maturing January 17, 2024(5)

      2,069       2,070,746  
Raycom TV Broadcasting, LLC                  

Term Loan, 4.55%, (1 mo. USD LIBOR + 2.25%), Maturing August 23, 2024

      1,064       1,066,245  
Sinclair Television Group, Inc.                  

Term Loan, 4.56%, (1 mo. USD LIBOR + 2.25%), Maturing January 3, 2024

      473       473,155  
Univision Communications, Inc.                  

Term Loan, 5.05%, (1 mo. USD LIBOR + 2.75%), Maturing March 15, 2024

            8,582       8,247,979  
                    $ 20,636,989  
Retailers (Except Food and Drug) — 4.8%  
Ascena Retail Group, Inc.                  

Term Loan, 6.81%, (1 mo. USD LIBOR + 4.50%), Maturing August 21, 2022

      1,883     $ 1,831,935  
Bass Pro Group, LLC                  

Term Loan, 7.30%, (1 mo. USD LIBOR + 5.00%), Maturing September 25, 2024

      1,287       1,289,010  
BJ’s Wholesale Club, Inc.                  

Term Loan, 5.28%, (1 mo. USD LIBOR + 3.00%), Maturing February 3, 2024

      904       907,068  
CDW, LLC                  

Term Loan, 4.06%, (1 mo. USD LIBOR + 1.75%), Maturing August 17, 2023

      3,711   &nb