Eaton Vance Senior Income Trust (EVF)
Frequently Asked Questions About Eaton Vance Senior Income Trust (EVF)
Can Eaton Vance Senior Income Trust be held in tax-advantaged accounts?
Yes, Eaton Vance Senior Income Trust can typically be held in tax-advantaged accounts such as IRAs, 401(k)s, or other retirement accounts. Holding shares of the trust in tax-advantaged accounts can provide investors with certain tax benefits, such as tax-deferred growth or tax-free distributions, depending on the type of account and applicable tax laws.
How can investors purchase shares of Eaton Vance Senior Income Trust?
Investors can purchase shares of Eaton Vance Senior Income Trust through a brokerage account, just like other publicly traded stocks. The trust is listed on the New York Stock Exchange under the ticker symbol EVF, making it accessible for individual and institutional investors interested in diversifying their portfolios with income-focused investments.
How does Eaton Vance Senior Income Trust distribute income to shareholders?
Eaton Vance Senior Income Trust typically distributes income to its shareholders in the form of monthly dividends. The amount of the dividend can vary based on the income generated from the underlying investments in senior loans and other securities. The trust aims to distribute a steady stream of income to its shareholders, making it an appealing investment option for those seeking regular cash flow.
How does Eaton Vance Senior Income Trust manage credit risk?
Eaton Vance Senior Income Trust employs rigorous credit analysis and research to manage credit risk within its investment portfolio. The management team assesses the creditworthiness of borrowers and the underlying quality of senior loans, utilizing a combination of quantitative and qualitative analysis to mitigate potential risks. Diversification across different sectors and issuers further helps reduce the impact of individual credit events.
How often does Eaton Vance Senior Income Trust report performance updates?
Eaton Vance Senior Income Trust typically provides performance updates to shareholders on a quarterly basis. These reports include detailed information about the fund's returns, portfolio composition, income generation, and any important developments impacting the trust. Investors can access these reports on the Eaton Vance website or through their brokerage platforms.
Is Eaton Vance Senior Income Trust publicly traded?
Yes, Eaton Vance Senior Income Trust is publicly traded on the New York Stock Exchange under the ticker symbol EVF. Being a publicly traded closed-end fund, it allows investors to buy and sell shares in the trust on the open market, providing transparency and liquidity for investors looking to access the fund's income-generating investment strategy.
Is Eaton Vance Senior Income Trust suitable for all investors?
Eaton Vance Senior Income Trust may not be suitable for all investors. It is particularly appealing to those seeking income through fixed-income investments, but it carries risks associated with credit quality and market volatility. Investors should assess their risk tolerance, investment horizon, and financial circumstances before considering an investment in the trust, ideally consulting with a financial professional.
What are the risks associated with investing in Eaton Vance Senior Income Trust?
Like all investments, investing in Eaton Vance Senior Income Trust involves risks. Key risks include credit risk, interest rate risk, and liquidity risk associated with the underlying securities. Because the trust invests heavily in senior secured loans, economic downturns can affect borrowers' ability to pay, potentially impacting the fund's performance. Investors should be aware of these risks and consider them carefully before investing.
What distinguishes Eaton Vance Senior Income Trust from other fixed-income funds?
Eaton Vance Senior Income Trust distinguishes itself from other fixed-income funds by its focus on senior secured loans, which generally offer a higher yield and lower risk profile compared to unsecured debt instruments. The trust's investment strategy aims to provide stable income by prioritizing senior secured loans, which can help mitigate the risks commonly associated with more volatile fixed-income investments.
What does Eaton Vance Senior Income Trust (NYSE:EVF) do?
Eaton Vance Senior Income Trust (EVF) is a closed-end fund that primarily invests in senior secured loans and other income-producing securities, such as bonds and structured finance instruments. The trust aims to provide a high level of current income and seeks to preserve capital while offering investors the potential for capital appreciation. The focus on senior loans typically offers a higher priority in the capital structure, which can help reduce credit risk.
What factors can impact the price of Eaton Vance Senior Income Trust shares?
Several factors can impact the price of Eaton Vance Senior Income Trust shares, including changes in interest rates, government economic policies, credit quality of the underlying loan portfolio, and overall market conditions. Investor sentiment towards fixed-income investments and the performance of the leveraged loan market also play significant roles in influencing the trust's share price.
What happens to Eaton Vance Senior Income Trust during economic downturns?
During economic downturns, Eaton Vance Senior Income Trust may face challenges due to increased credit risk among its portfolio companies. However, as the trust primarily invests in senior secured loans, these instruments typically have priority over other types of debt in a borrower's capital structure, which can provide some level of protection. The fund's management team actively monitors market conditions and adjusts the portfolio to mitigate risk during challenging economic periods.
What is the expense ratio of Eaton Vance Senior Income Trust?
The expense ratio of Eaton Vance Senior Income Trust reflects the fees and expenses associated with managing the fund. As of the most recent reporting, the expense ratio is typically in the range of 1% to 2%, which includes management fees and other operational costs. Investors should consider the expense ratio when evaluating the potential net returns of the fund.
What is the historical dividend yield of Eaton Vance Senior Income Trust?
The historical dividend yield of Eaton Vance Senior Income Trust has typically ranged around 7% to 8%, though this can fluctuate based on market conditions and the income generated by its investment portfolio. Dividend yield is an important metric for income-focused investors, and potential investors should review the trust's dividend history as part of their investment evaluation process.
What is the investment objective of Eaton Vance Senior Income Trust?
The primary investment objective of Eaton Vance Senior Income Trust is to provide a high level of current income while striving to preserve capital. The fund seeks to achieve this by investing in a diversified portfolio of senior secured loans and other income-producing securities, which can provide both income generation and risk mitigation.
What is the ticker symbol for Eaton Vance Senior Income Trust?
The ticker symbol for Eaton Vance Senior Income Trust is EVF, which is listed on the New York Stock Exchange (NYSE). This symbol allows investors to easily search for and trade shares of the trust on the stock market, facilitating the buying and selling process for individual and institutional investors alike.
What is the typical performance of Eaton Vance Senior Income Trust?
The performance of Eaton Vance Senior Income Trust can vary based on market conditions and the performance of the underlying assets. Historically, the trust has aimed to provide attractive current income, although returns can fluctuate due to interest rate movements, credit performance of investments, and overall market sentiment. Investors should review the fund's performance history and consider it in the context of their investment objectives.
What types of assets does Eaton Vance Senior Income Trust invest in?
Eaton Vance Senior Income Trust predominantly invests in senior secured loans, which are loans that are backed by collateral and rank higher in the capital structure. Additionally, the trust may invest in other fixed-income securities such as high-yield corporate bonds, subordinated debt, and structured finance instruments to further diversify its portfolio and enhance income potential.
When was Eaton Vance Senior Income Trust established?
Eaton Vance Senior Income Trust was established on December 22, 2003. Since its inception, the trust has aimed to provide attractive income returns primarily through investments in senior loans and other income-producing assets. The trust is managed by Eaton Vance Management, a firm with a long history of managing investment funds.
Who manages Eaton Vance Senior Income Trust?
Eaton Vance Senior Income Trust is managed by Eaton Vance Management, which has a longstanding reputation in the investment management industry. The management team utilizes an experienced approach to portfolio construction, focusing on credit analysis and identifying income opportunities in the senior loan market and other related debt instruments.
What is the current price of Eaton Vance Senior Income Trust?
The current price of Eaton Vance Senior Income Trust is 5.690
When was Eaton Vance Senior Income Trust last traded?
The last trade of Eaton Vance Senior Income Trust was at 7:00 pm EDT on April 3rd, 2025