Eaton Vance Senior Income Trust Report Of Earnings

PR Newswire

BOSTON, Nov. 18, 2013 /PRNewswire/ -- Eaton Vance Senior Income Trust (EVF) (the "Fund"), a closed-end management investment company, today announced the earnings of the Fund for the three months ended September 30, 2013. The Fund's fiscal year ends on June 30, 2014.

For the three months ended September 30, 2013, the Fund had net investment income of $3,961,378 ($0.105 per common share). From this amount, the Fund paid dividends on preferred shares of $23,593 (equal to $0.001 for each common share), resulting in net investment income after the preferred dividends of $3,937,785 or $0.104 per common share. In comparison, for the three months ended September 30, 2012, the Fund had net investment income of $4,855,076 ($0.132 per common share). From this amount, the Fund paid dividends on preferred shares of $35,792 (equal to $0.001 for each common share), resulting in net investment income after the preferred dividends of $4,819,284 or $0.131 per common share. 

Net realized and unrealized gains for the three months ended September 30, 2013 were $382,470 ($0.010 per common share). In comparison, net realized and unrealized gains for the three months ended September 30, 2012 were $6,043,688 ($0.164 per common share).  

On September 30, 2013, net assets of the Fund applicable to common shares were $278,690,086. The net asset value per common share on September 30, 2013 was $7.36 based on 37,866,607 common shares outstanding. In comparison, on September 30, 2012, net assets of the Fund applicable to common shares were $269,904,467. The net asset value per common share on September 30, 2012 was $7.34 based on 36,766,443 common shares outstanding

The Fund periodically makes performance data and certain information about portfolio characteristics available on www.eatonvance.com (on the fund information page under "Individual Investors – Closed-End Funds"). Fund portfolio holdings for the most recent calendar month-end are also posted to the website approximately 30 days following month-end.

The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $273.1 billion in assets as of September 30, 2013, offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information about Eaton Vance, visit www.eatonvance.com.

EATON VANCE SENIOR INCOME TRUST

SUMMARY OF RESULTS OF OPERATIONS

(in thousands, except per share amounts)












Three Months Ended



Three Months Ended





September 30,



September 30,





2013



2012


Gross investment income


$5,573



$6,359


Operating expenses


(1,418)



(1,341)


Interest expense


(194)



(163)



Net investment income


$3,961



$4,855


Net realized and unrealized gains (losses)







  on investments


$382



$6,044


Preferred dividends paid from net investment income


($24)



($36)



Net increase (decrease) in net assets








  from operations


$4,319



$10,863










Earnings per Common Share Outstanding







Gross investment income


$0.147



$0.173


Operating expenses


(0.037)



(0.037)


Interest expense


(0.005)



(0.004)



Net investment income 


$0.105



$0.132


Net realized and unrealized gains (losses)







  on investments


$0.010



$0.164


Preferred dividends paid from net investment income


(0.001)



(0.001)



Net increase (decrease) in net assets








  from operations


$0.114



$0.295










Net investment income


$0.105



$0.132


Preferred dividends paid from net investment income


(0.001)



(0.001)


Net investment income after preferred dividends


$0.104



$0.131










Net Asset Value at September 30 (Common Share)








Net assets (000)


$278,690



$269,904



Shares outstanding (000)


37,867



36,766



Net asset value per share outstanding


$7.36



$7.34










Market Value Summary (Common Share)








Market price on NYSE at September 30


$7.03



$7.60



High market price (three months ended September 30)

$7.52



$7.60



Low market price (three months ended September 30)

$7.00



$6.98










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