Eaton Vance Senior Floating Rate:EFR

    Manage Alerts

    Overview

    As of 6/11/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$14.23$14.42-1.32%
    52 Wk Avg$12.78$13.93-8.40%
    52 Wk High$14.54$14.44-1.11%
    52 Wk Low$11.09$13.02-15.16%
    Regular Distribution TypeIncome Only
    Distribution Rate6.86%
    Distribution Amount$0.0813
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The investment objective is to provide a high level of current income, with a secondary objective of capital preservation. Under normal market conditions, a duration of less than one year is expected. It pursues its objectives by investing primarily in Senior Loans. Senior Loans are made to corporations, partnerships and other business entities which operate in various industries and geographical regions. Senior Loans pay interest at rates that are re-determined periodically by a reference to a base lending rate, primarily the LIBOR, plus a premium. At least 80% of its total assets will be invested in Senior Loans. Up to 20% of its total assets may be invested in loan securities, other income-producing securities and warrants and equity securities. The bonds may be below investment grade quality by judged to be of comparable quality. The Fund is authorized to invest in foreign loans denominated in euros, British pounds, Swiss francs and Canadian dollar. The Fund may invest up to 15% of its net assets in foreign loans and may invest without limit in foreign loans denominated in US dollar. Derivative instruments may be purchased and sold only for risk management purposes.

    Capital Structure

    As of 6/11/2021

    Total Investment Exposure:$830.155M
    Total Common Assets:$531.353M
    Common Shares Outstanding:36,848,313
    Leverage

    As of 6/11/2021

    Preferred Share Assets: $75.802M
    Total Debt (USD): $223.000M
    Regulatory Leverage (USD): $298.802M
    Effective Leverage (USD): $298.802M
    Effective Leverage (%): 35.99%
    Annual Expense Ratios

    As of 10/31/2020

      Per Common Share
    Management Fees1.17%
    Other Expenses:0.15%
    Baseline Expense: N/A
    Interest Expense:0.77%
    Total: 2.10%
    Fund Management

    Fund Sponsor
    Eaton Vance

    Portfolio Managers
    Andrew N. Sveen, Catherine C. McDermott, William E. Holt, Daniel McElaney, Craig P. Russ, Scott H. Page

    Basics
    Category: Fixed Income - Taxable-Senior Loans
    Ticker: EFR
    NAV Ticker: XEFRX
    Average Daily Volume (shares): 110,060
    Average Daily Volume (USD): $1.417M
    Inception Date: 11/24/2003
    Inception Share Price: $20.00
    Inception NAV: $19.10
    Tender Offer: No
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 6/11/2021

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 10/31/2020
    $0.3793
    Annualized Distribution Rate on NAV:
    As of 6/11/2021
    6.77%
    Total Return on NAV (12 months):
    As of 6/11/2021
    18.48%
    Avg. Portfolio Coupon:
    As of 6/11/2021
    4.16%
    Total % Portfolio Effectively Leveraged:
    As of 6/11/2021
    35.99%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 6/11/2021

    PeriodAvg Discount
    6 Month-4.86%
    1 Year-8.40%
    3 Year-10.03%
    5 Year-7.55%
    Z-Score

    As of 6/11/2021

    PeriodZStat
    3 Month1.27
    6 Month1.34
    1 Year1.67
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2021
    Category: Morningstar US CEF Senior Loans

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD13.59%3.71%13.26%5.04%
    20200.86%2.13%0.14%1.12%
    201916.40%10.10%18.13%8.70%
    2018-6.95%0.41%-7.68%-1.95%
    20173.88%6.63%3.80%5.83%
    201627.22%17.70%24.86%18.27%
    2015-2.80%-3.13%-3.65%-4.65%
    2014-3.15%1.04%-2.59%1.36%
    20130.85%7.59%3.18%9.08%
    201219.08%13.87%23.78%15.96%
    2011-5.18%4.01%-4.49%1.82%
    201019.61%17.16%24.86%14.07%
    2009104.65%93.90%89.99%79.89%
    2008-44.47%-50.16%  
    2007-8.35%-0.56%  
    200618.81%8.89%  
    2005-9.43%5.30%  
    20047.67%5.20%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 5/31/2021
    Category: Morningstar US CEF Senior Loans

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/11/2021
    4.16%
    Average Maturity:
    As of 4/30/2021
    5.27 yrs
    Number of Holdings:
    As of 4/30/2021
    713
    Annual Portfolio Turnover:
    As of 10/31/2020
    30.00%
    Asset Allocation

    As of 4/30/2021 reported by Fund Sponsor

    Top Sectors

    As of 4/30/2021 reported by Fund Sponsor

    Sector%Portfolio
    Corporate (Super Sector)92.95%
    Bank Loan87.66%
    Corporate Bond5.28%
    Securitized (Super Sector)4.06%
    Asset Backed4.06%
    Cash Equivalents2.29%
    Cash Equivalents (Super Sector)2.29%
    Convertible0.02%
    Preferred Stock0.00%
    Derivative (Super Sector)0.00%
    Top Holdings

    As of 4/30/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    TransDigm, Inc.$7.16M0.84%
    CenturyLink, Inc.$6.69M0.79%
    Gainwell Technologies$5.93M0.70%
    Informatica Corp$5.80M0.68%
    Hyland Software, Inc.$5.78M0.68%
    Corelogic Inc (New)$5.55M0.66%
    PPD$5.40M0.64%
    Misys Limited$5.24M0.62%
    Cushman Wakefield$5.16M0.61%
    Tibco Software Inc.$4.92M0.58%
    Maturity Breakdown

    As of 4/30/2021 reported by Fund Sponsor

    Country Allocation

    As of 4/30/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income76.56%
    Others - Fixed Income10.00%
    Canada - Fixed Income2.15%
    Netherlands - Fixed Income2.12%
    Germany - Fixed Income1.20%
    United Kingdom - Fixed Income1.17%
    France - Fixed Income0.77%
    United States - Equity0.57%
    Sweden - Fixed Income0.52%
    Finland - Fixed Income0.47%
    Singapore - Fixed Income0.28%
    Ireland - Fixed Income0.23%
    Norway - Fixed Income0.20%
    Australia - Fixed Income0.12%
    Taiwan - Fixed Income0.12%
    Belgium - Fixed Income0.10%
    Spain - Fixed Income0.07%
    Austria - Fixed Income0.03%
    Brazil - Fixed Income0.02%
    United Kingdom - Equity0.01%
    Italy - Fixed Income0.00%
    Canada - Equity0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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