Eaton Vance
Senior Floating-Rate Trust
July 31, 2023
Portfolio of Investments (Unaudited)
Asset-Backed Securities — 7.6% |
Security | Principal Amount (000's omitted) | Value | |
AIG CLO, Ltd., Series 2019-1A, Class ER, 12.01%, (3 mo. SOFR + 6.70%), 4/18/35(1)(2) | $ | 1,000 | $ 945,814 |
Ares XXXIIR CLO, Ltd., Series 2014-32RA, Class D, 11.171%, (3 mo. USD LIBOR + 5.85%), 5/15/30(1)(2) | 2,000 | 1,736,510 | |
Ares XXXIV CLO, Ltd., Series 2015-2A, Class ER, 12.42%, (3 mo. SOFR + 7.11%), 4/17/33(1)(2) | 1,150 | 1,015,862 | |
Benefit Street Partners CLO XIX, Ltd., Series 2019-19A, Class E, 12.59%, (3 mo. SOFR + 7.28%), 1/15/33(1)(2) | 750 | 729,110 | |
Benefit Street Partners CLO XVIII, Ltd., Series 2019-18A, Class ER, 12.32%, (3 mo. SOFR + 7.01%), 10/15/34(1)(2) | 1,000 | 988,565 | |
Benefit Street Partners CLO XXII, Ltd., Series 2020-22A, Class ER, 12.256%, (3 mo. SOFR + 6.93%), 4/20/35(1)(2) | 1,000 | 961,456 | |
BlueMountain CLO XXVI, Ltd., Series 2019-26A, Class ER, 12.718%, (3 mo. SOFR + 7.39%), 10/20/34(1)(2) | 1,500 | 1,428,559 | |
Canyon Capital CLO, Ltd.: | |||
Series 2019-2A, Class ER, 12.32%, (3 mo. SOFR + 7.01%), 10/15/34(1)(2) | 400 | 372,412 | |
Series 2022-1A, Class E, 11.71%, (3 mo. SOFR + 6.40%), 4/15/35(1)(2) | 1,250 | 1,131,551 | |
Carlyle Global Market Strategies CLO, Ltd.: | |||
Series 2012-3A, Class DR2, 12.073%, (3 mo. SOFR + 6.76%), 1/14/32(1)(2) | 1,200 | 987,470 | |
Series 2015-5A, Class DR, 12.288%, (3 mo. SOFR + 6.96%), 1/20/32(1)(2) | 500 | 438,469 | |
Cedar Funding X CLO, Ltd., Series 2019-10A, Class ER, 12.088%, (3 mo. SOFR + 6.76%), 10/20/32(1)(2) | 1,000 | 935,609 | |
Galaxy XV CLO, Ltd., Series 2013-15A, Class ER, 12.215%, (3 mo. SOFR + 6.91%), 10/15/30(1)(2) | 1,000 | 905,064 | |
Galaxy XXI CLO, Ltd., Series 2015-21A, Class ER, 10.838%, (3 mo. SOFR + 5.51%), 4/20/31(1)(2) | 1,000 | 897,052 | |
Galaxy XXV CLO, Ltd., Series 2018-25A, Class E, 11.563%, (3 mo. SOFR + 6.21%), 10/25/31(1)(2) | 250 | 222,111 | |
Golub Capital Partners CLO 23M, Ltd., Series 2015-23A, Class ER, 11.338%, (3 mo. SOFR + 6.01%), 1/20/31(1)(2) | 1,200 | 1,026,432 | |
Golub Capital Partners CLO 50B-R, Ltd., Series 2020-50A, Class ER, 12.426%, (3 mo. SOFR + 7.10%), 4/20/35(1)(2) | 1,000 | 925,058 | |
Madison Park Funding XXXVI, Ltd., Series 2019-36A, Class ER, 12.358%, (3 mo. SOFR + 7.05%), 4/15/35(1)(2) | 1,000 | 979,323 | |
Neuberger Berman Loan Advisers CLO 48, Ltd., Series 2022-48A, Class E, 11.851%, (3 mo. SOFR + 6.50%), 4/25/36(1)(2) | 1,000 | 944,902 |
Security | Principal Amount (000's omitted) | Value | |
Palmer Square CLO, Ltd.: | |||
Series 2013-2A, Class DRR, 11.42%, (3 mo. SOFR + 6.11%), 10/17/31(1)(2) | $ | 900 | $ 823,378 |
Series 2014-1A, Class DR2, 11.27%, (3 mo. SOFR + 5.96%), 1/17/31(1)(2) | 1,500 | 1,341,948 | |
Series 2015-1A, Class DR4, 11.879%, (3 mo. USD LIBOR + 6.50%), 5/21/34(1)(2) | 500 | 455,913 | |
Series 2019-1A, Class DR, 11.821%, (3 mo. USD LIBOR + 6.50%), 11/14/34(1)(2) | 1,000 | 969,780 | |
RAD CLO 5, Ltd., Series 2019-5A, Class E, 12.307%, (3 mo. SOFR + 6.96%), 7/24/32(1)(2) | 1,000 | 949,142 | |
RAD CLO 7, Ltd., Series 2020-7A, Class E, 12.07%, (3 mo. SOFR + 6.76%), 4/17/33(1)(2) | 1,150 | 1,131,808 | |
Regatta XIV Funding, Ltd., Series 2018-3A, Class E, 11.563%, (3 mo. SOFR + 6.21%), 10/25/31(1)(2) | 700 | 622,025 | |
Regatta XVI Funding, Ltd., Series 2019-2A, Class E, 12.57%, (3 mo. SOFR + 7.26%), 1/15/33(1)(2) | 750 | 736,870 | |
Vibrant CLO X, Ltd., Series 2018-10A, Class D, 11.778%, (3 mo. SOFR + 6.45%), 10/20/31(1)(2) | 775 | 581,992 | |
Vibrant CLO XI, Ltd., Series 2019-11A, Class D, 12.358%, (3 mo. SOFR + 7.03%), 7/20/32(1)(2) | 1,000 | 894,150 | |
Voya CLO, Ltd., Series 2013-1A, Class DR, 12.05%, (3 mo. SOFR + 6.74%), 10/15/30(1)(2) | 2,000 | 1,538,660 | |
Wellfleet CLO, Ltd., Series 2020-1A, Class D, 12.81%, (3 mo. SOFR + 7.50%), 4/15/33(1)(2) | 1,150 | 982,734 | |
Total Asset-Backed Securities (identified cost $31,369,097) | $ 28,599,729 |
Closed-End Funds — 1.7% |
Security | Shares | Value | |
BlackRock Floating Rate Income Strategies Fund, Inc. | 99,936 | $ 1,244,203 | |
Invesco Senior Income Trust | 361,124 | 1,397,550 | |
Nuveen Credit Strategies Income Fund | 365,228 | 1,855,358 | |
Nuveen Floating Rate Income Fund | 249,983 | 2,019,864 | |
Total Closed-End Funds (identified cost $8,822,714) | $ 6,516,975 |
Common Stocks — 0.6% |
Security | Shares | Value | |
Aerospace and Defense — 0.1% | |||
IAP Global Services, LLC(3)(4)(5) | 55 | $ 238,592 | |
$ 238,592 | |||
Commercial Services & Supplies — 0.2% | |||
Monitronics International, Inc.(4)(5) | 18,441 | $ 387,261 |
1
Eaton Vance
Senior Floating-Rate Trust
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Security | Shares | Value | |
Commercial Services & Supplies (continued) | |||
Phoenix Services International, LLC(4)(5) | 16,081 | $ 160,810 | |
Phoenix Services International, LLC(4)(5) | 1,467 | 14,670 | |
$ 562,741 | |||
Electronics/Electrical — 0.0%(6) | |||
Riverbed Technology, Inc.(3)(4)(5) | 327 | $ 0 | |
Skillsoft Corp.(4)(5) | 53,012 | 69,976 | |
$ 69,976 | |||
Household Durables — 0.3% | |||
Serta Simmons Bedding, Inc.(4)(5) | 74,131 | $ 1,139,764 | |
$ 1,139,764 | |||
Investment Companies — 0.0%(6) | |||
Aegletes B.V.(4)(5) | 14,087 | $ 33,985 | |
Jubilee Topco, Ltd., Class A(3)(4)(5) | 458,953 | 0 | |
$ 33,985 | |||
Pharmaceuticals — 0.0%(6) | |||
Covis Midco 1 S.a.r.l., Class A(4)(5) | 501 | $ 255 | |
Covis Midco 1 S.a.r.l., Class B(4)(5) | 501 | 255 | |
Covis Midco 1 S.a.r.l., Class C(4)(5) | 501 | 256 | |
Covis Midco 1 S.a.r.l., Class D(4)(5) | 501 | 256 | |
Covis Midco 1 S.a.r.l., Class E(4)(5) | 501 | 256 | |
$ 1,278 | |||
Retailers (Except Food and Drug) — 0.0%(6) | |||
Phillips Pet Holding Corp.(3)(4)(5) | 556 | $ 35,303 | |
$ 35,303 | |||
Telecommunications — 0.0% | |||
Global Eagle Entertainment(3)(4)(5) | 45,136 | $ 0 | |
$ 0 | |||
Total Common Stocks (identified cost $3,700,814) | $ 2,081,639 |
Convertible Preferred Stocks — 0.0% |
Security | Shares | Value | |
Electronics/Electrical — 0.0% | |||
Riverbed Technology, Inc., Series A, 6.50%, (1.50% cash, 5.00% PIK)(3)(4)(5) | 107 | $ 0 | |
Total Convertible Preferred Stocks (identified cost $3,197) | $ 0 |
Corporate Bonds — 7.0% |
Security | Principal Amount (000's omitted) | Value | |
Aerospace and Defense — 0.1% | |||
TransDigm, Inc., 4.875%, 5/1/29 | $ | 625 | $ 563,016 |
$ 563,016 | |||
Automotive — 0.3% | |||
Clarios Global, L.P./Clarios US Finance Co., 8.50%, 5/15/27(1) | $ | 1,000 | $ 1,014,362 |
$ 1,014,362 | |||
Building and Development — 0.3% | |||
Smyrna Ready Mix Concrete, LLC, 6.00%, 11/1/28(1) | $ | 625 | $ 596,419 |
Standard Industries, Inc., 4.75%, 1/15/28(1) | 625 | 582,917 | |
$ 1,179,336 | |||
Business Equipment and Services — 0.6% | |||
GEMS MENASA Cayman, Ltd./GEMS Education Delaware, LLC, 7.125%, 7/31/26(1) | $ | 1,000 | $ 970,045 |
Prime Security Services Borrower, LLC/Prime Finance, Inc.: | |||
5.25%, 4/15/24(1) | 560 | 554,901 | |
5.75%, 4/15/26(1) | 700 | 687,073 | |
$ 2,212,019 | |||
Cable and Satellite Television — 0.1% | |||
CCO Holdings, LLC/CCO Holdings Capital Corp., 4.50%, 8/15/30(1) | $ | 625 | $ 530,123 |
$ 530,123 | |||
Chemicals and Plastics — 0.3% | |||
NOVA Chemicals Corp., 4.875%, 6/1/24(1) | $ | 1,000 | $ 975,929 |
$ 975,929 | |||
Cosmetics/Toiletries — 0.2% | |||
Edgewell Personal Care Co., 5.50%, 6/1/28(1) | $ | 625 | $ 592,809 |
$ 592,809 | |||
Distribution & Wholesale — 0.4% | |||
BCPE Empire Holdings, Inc., 7.625%, 5/1/27(1) | $ | 625 | $ 595,122 |
Performance Food Group, Inc., 5.50%, 10/15/27(1) | 1,000 | 969,292 | |
$ 1,564,414 |
2
Eaton Vance
Senior Floating-Rate Trust
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount (000's omitted) | Value | |
Diversified Financial Services — 0.1% | |||
VistaJet Malta Finance PLC/Vista Management Holding, Inc., 6.375%, 2/1/30(1) | $ | 625 | $ 529,885 |
$ 529,885 | |||
Engineering & Construction — 0.1% | |||
TopBuild Corp., 3.625%, 3/15/29(1) | $ | 625 | $ 548,682 |
$ 548,682 | |||
Entertainment — 0.3% | |||
Caesars Entertainment, Inc., 8.125%, 7/1/27(1) | $ | 1,000 | $ 1,026,573 |
$ 1,026,573 | |||
Financial Intermediaries — 0.2% | |||
Ford Motor Credit Co., LLC, 3.815%, 11/2/27 | $ | 1,000 | $ 898,549 |
$ 898,549 | |||
Food Service — 0.1% | |||
Albertsons Cos., Inc./Safeway, Inc./New Albertsons L.P./Albertsons, LLC, 3.50%, 3/15/29(1) | $ | 625 | $ 544,801 |
$ 544,801 | |||
Health Care — 0.8% | |||
Centene Corp., 3.375%, 2/15/30 | $ | 977 | $ 841,643 |
LifePoint Health, Inc., 5.375%, 1/15/29(1) | 625 | 443,041 | |
Tenet Healthcare Corp., 6.875%, 11/15/31 | 1,000 | 1,002,405 | |
US Acute Care Solutions, LLC, 6.375%, 3/1/26(1) | 625 | 546,875 | |
$ 2,833,964 | |||
Home Furnishings — 0.1% | |||
Tempur Sealy International, Inc., 4.00%, 4/15/29(1) | $ | 625 | $ 542,360 |
$ 542,360 | |||
Insurance — 0.3% | |||
Alliant Holdings Intermediate, LLC/Alliant Holdings Co-Issuer, 6.75%, 10/15/27(1) | $ | 625 | $ 592,665 |
AmWINS Group, Inc., 4.875%, 6/30/29(1) | 600 | 551,002 | |
$ 1,143,667 | |||
Leisure Goods/Activities/Movies — 0.3% | |||
NCL Corp., Ltd., 5.875%, 2/15/27(1) | $ | 550 | $ 536,100 |
Viking Cruises, Ltd., 5.875%, 9/15/27(1) | 625 | 584,994 | |
$ 1,121,094 |
Security | Principal Amount (000's omitted) | Value | |
Media — 0.3% | |||
Audacy Capital Corp., 6.50%, 5/1/27(1) | $ | 625 | $ 10,373 |
Diamond Sports Group, LLC/Diamond Sports Finance Co., 5.375%, 8/15/26(1)(7) | 0(8) | 8 | |
iHeartCommunications, Inc.: | |||
6.375%, 5/1/26 | 208 | 179,702 | |
8.375%, 5/1/27 | 376 | 257,882 | |
Sirius XM Radio, Inc., 4.00%, 7/15/28(1) | 625 | 544,386 | |
$ 992,351 | |||
Nonferrous Metals/Minerals — 0.1% | |||
New Gold, Inc., 7.50%, 7/15/27(1) | $ | 474 | $ 453,639 |
$ 453,639 | |||
Oil and Gas — 0.6% | |||
Neptune Energy Bondco PLC, 6.625%, 5/15/25(1) | $ | 1,000 | $ 993,577 |
Permian Resources Operating, LLC, 5.375%, 1/15/26(1) | 625 | 602,741 | |
Tap Rock Resources, LLC, 7.00%, 10/1/26(1) | 500 | 516,854 | |
$ 2,113,172 | |||
Pipelines — 0.1% | |||
EQM Midstream Partners, L.P., 4.75%, 1/15/31(1) | $ | 625 | $ 558,564 |
$ 558,564 | |||
Real Estate Investment Trusts (REITs) — 0.2% | |||
HAT Holdings I, LLC/HAT Holdings II, LLC, 3.375%, 6/15/26(1) | $ | 625 | $ 565,139 |
$ 565,139 | |||
Retail — 0.1% | |||
Kohl's Corp., 4.625%, 5/1/31 | $ | 284 | $ 209,947 |
$ 209,947 | |||
Retailers (Except Food and Drug) — 0.3% | |||
Dave & Buster's, Inc., 7.625%, 11/1/25(1) | $ | 500 | $ 505,633 |
PetSmart, Inc./PetSmart Finance Corp., 7.75%, 2/15/29(1) | 500 | 488,180 | |
$ 993,813 | |||
Technology — 0.1% | |||
Athenahealth Group, Inc., 6.50%, 2/15/30(1) | $ | 625 | $ 530,341 |
$ 530,341 |
3
Eaton Vance
Senior Floating-Rate Trust
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount (000's omitted) | Value | |
Telecommunications — 0.3% | |||
Connect Finco S.a.r.l./Connect US Finco, LLC, 6.75%, 10/1/26(1) | $ | 1,000 | $ 959,624 |
$ 959,624 | |||
Utilities — 0.2% | |||
NRG Energy, Inc., 3.625%, 2/15/31(1) | $ | 1,000 | $ 785,675 |
$ 785,675 | |||
Wireless Telecommunication Services — 0.1% | |||
Digicel International Finance, Ltd./Digicel International Holdings, Ltd., 8.75%, 5/25/24(1) | $ | 550 | $ 499,972 |
$ 499,972 | |||
Total Corporate Bonds (identified cost $27,659,184) | $ 26,483,820 |
Senior Floating-Rate Loans — 134.5%(9) |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Aerospace and Defense — 1.8% | |||
Aernnova Aerospace S.A.U.: | |||
Term Loan, 6.483%, (3 mo. EURIBOR + 3.00%), 2/26/27 | EUR | 398 | $ 420,418 |
Term Loan, 6.587%, (3 mo. EURIBOR + 3.00%), 2/26/27 | EUR | 102 | 107,800 |
AI Convoy (Luxembourg) S.a.r.l., Term Loan, 7.078%, (6 mo. EURIBOR + 3.50%), 1/18/27 | EUR | 400 | 427,614 |
Dynasty Acquisition Co., Inc.: | |||
Term Loan, 8.919%, (SOFR + 3.50%), 4/6/26 | 1,838 | 1,838,028 | |
Term Loan, 8.919%, (SOFR + 3.50%), 4/6/26 | 989 | 988,529 | |
IAP Worldwide Services, Inc., Term Loan - Second Lien, 12.038%, (3 mo. USD LIBOR + 6.50%), 7/18/23(3) | 391 | 311,948 | |
WP CPP Holdings, LLC, Term Loan, 9.27%, (SOFR + 3.75%), 4/30/25 | 2,970 | 2,768,677 | |
$ 6,863,014 | |||
Airlines — 1.0% | |||
American Airlines, Inc., Term Loan, 10.338%, (SOFR + 4.75%), 4/20/28 | 2,874 | $ 2,980,318 | |
Mileage Plus Holdings, LLC, Term Loan, 10.764%, (3 mo. USD LIBOR + 5.25%), 6/21/27 | 600 | 626,659 | |
$ 3,606,977 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Apparel & Luxury Goods — 0.1% | |||
Hanesbrands, Inc., Term Loan, 9.069%, (SOFR + 3.75%), 3/8/30 | 349 | $ 349,453 | |
$ 349,453 | |||
Auto Components — 2.7% | |||
Adient US, LLC, Term Loan, 8.683%, (SOFR + 3.25%), 4/10/28 | 1,562 | $ 1,566,244 | |
Clarios Global, L.P.: | |||
Term Loan, 6.815%, (1 mo. EURIBOR + 3.25%), 4/30/26 | EUR | 947 | 1,038,536 |
Term Loan, 9.069%, (SOFR + 3.75%), 5/6/30 | 2,075 | 2,077,334 | |
DexKo Global, Inc.: | |||
Term Loan, 7.598%, (3 mo. EURIBOR + 4.00%), 10/4/28 | EUR | 74 | 76,826 |
Term Loan, 7.598%, (3 mo. EURIBOR + 4.00%), 10/4/28 | EUR | 240 | 248,294 |
Term Loan, 7.598%, (3 mo. EURIBOR + 4.00%), 10/4/28 | EUR | 461 | 477,464 |
Term Loan, 9.254%, (SOFR + 3.75%), 10/4/28 | 691 | 669,864 | |
Garrett LX I S.a.r.l., Term Loan, 8.881%, (SOFR + 3.25%), 4/30/28 | 712 | 702,815 | |
Garrett Motion, Inc., Term Loan, 10.131%, (SOFR + 4.50%), 4/30/28 | 679 | 677,723 | |
LSF12 Badger Bidco, LLC, Term Loan, 7/25/30(10) | 300 | 294,375 | |
LTI Holdings, Inc., Term Loan, 10.183%, (SOFR + 4.75%), 7/24/26 | 541 | 523,024 | |
Truck Hero, Inc., Term Loan, 9.183%, (SOFR + 3.75%), 1/31/28 | 1,819 | 1,715,084 | |
$ 10,067,583 | |||
Automobiles — 0.5% | |||
MajorDrive Holdings IV, LLC: | |||
Term Loan, 9.50%, (3 mo. USD LIBOR + 4.00%), 6/1/28 | 613 | $ 602,930 | |
Term Loan, 10.927%, (SOFR + 5.50%), 6/1/29 | 1,457 | 1,445,638 | |
$ 2,048,568 | |||
Beverages — 1.0% | |||
Arterra Wines Canada, Inc., Term Loan, 9.004%, (3 mo. USD LIBOR + 3.50%), 11/24/27 | 975 | $ 932,801 | |
City Brewing Company, LLC, Term Loan, 9.07%, (SOFR + 3.50%), 4/5/28 | 687 | 443,121 | |
Triton Water Holdings, Inc., Term Loan, 8.754%, (SOFR + 3.25%), 3/31/28 | 2,401 | 2,327,474 | |
$ 3,703,396 |
4
Eaton Vance
Senior Floating-Rate Trust
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Biotechnology — 0.2% | |||
Alkermes, Inc., Term Loan, 7.836%, (SOFR + 2.50%), 3/12/26 | 339 | $ 332,688 | |
Alltech, Inc., Term Loan, 9.433%, (SOFR + 4.00%), 10/13/28 | 394 | 383,165 | |
$ 715,853 | |||
Building Products — 1.9% | |||
Cornerstone Building Brands, Inc., Term Loan, 8.572%, (SOFR + 3.25%), 4/12/28 | 2,793 | $ 2,712,060 | |
LHS Borrower, LLC, Term Loan, 10.169%, (SOFR + 4.75%), 2/16/29 | 1,006 | 886,460 | |
MI Windows and Doors, LLC, Term Loan, 8.919%, (SOFR + 3.50%), 12/18/27 | 2,013 | 2,016,917 | |
Oscar AcquisitionCo, LLC, Term Loan, 9.842%, (SOFR + 4.50%), 4/29/29 | 794 | 784,633 | |
Standard Industries, Inc., Term Loan, 7.906%, (SOFR + 2.50%), 9/22/28 | 922 | 925,021 | |
$ 7,325,091 | |||
Capital Markets — 6.1% | |||
Advisor Group, Inc., Term Loan, 9.933%, (1 mo. USD LIBOR + 4.50%), 7/31/26 | 2,168 | $ 2,173,122 | |
AllSpring Buyer, LLC, Term Loan, 8.754%, (SOFR + 3.25%), 11/1/28 | 1,336 | 1,331,460 | |
Aretec Group, Inc.: | |||
Term Loan, 9.669%, (SOFR + 4.25%), 10/1/25 | 3,231 | 3,235,747 | |
Term Loan, 3/8/30(10) | 725 | 723,641 | |
Citadel Securities, L.P., Term Loan, 7/29/30(10) | 725 | 720,922 | |
Edelman Financial Center, LLC, Term Loan, 9.183%, (SOFR + 3.75%), 4/7/28 | 2,452 | 2,422,239 | |
EIG Management Company, LLC, Term Loan, 9.169%, (SOFR + 3.75%), 2/22/25 | 237 | 236,875 | |
FinCo I, LLC, Term Loan, 6/27/29(10) | 1,125 | 1,218,875 | |
Focus Financial Partners, LLC: | |||
Term Loan, 7.819%, (SOFR + 2.50%), 6/30/28 | 2,941 | 2,933,619 | |
Term Loan, 8.569%, (SOFR + 3.25%), 6/30/28 | 323 | 322,401 | |
Term Loan, 6/30/28(10) | 600 | 600,688 | |
HighTower Holdings, LLC, Term Loan, 9.351%, (SOFR + 4.00%), 4/21/28 | 1,990 | 1,960,025 | |
Hudson River Trading, LLC, Term Loan, 8.631%, (SOFR + 3.00%), 3/20/28 | 1,728 | 1,698,581 | |
Mariner Wealth Advisors, LLC, Term Loan, 8.747%, (SOFR + 3.25%), 8/18/28 | 1,647 | 1,610,215 | |
Victory Capital Holdings, Inc.: | |||
Term Loan, 7.619%, (SOFR + 2.25%), 7/1/26 | 845 | 844,547 | |
Term Loan, 7.619%, (SOFR + 2.25%), 12/29/28 | 1,000 | 998,750 | |
$ 23,031,707 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Chemicals — 6.4% | |||
Aruba Investments, Inc.: | |||
Term Loan, 7.565%, (1 mo. EURIBOR + 4.00%), 11/24/27 | EUR | 489 | $ 519,580 |
Term Loan, 9.419%, (SOFR + 4.00%), 11/24/27 | 1,455 | 1,413,124 | |
Axalta Coating Systems U.S. Holdings, Inc., Term Loan, 12/20/29(10) | 2,000 | 2,007,084 | |
Charter NEX US, Inc., Term Loan, 9.183%, (SOFR + 3.75%), 12/1/27 | 439 | 437,297 | |
CPC Acquisition Corp., Term Loan, 9.254%, (SOFR + 3.75%), 12/29/27 | 674 | 533,527 | |
Flint Group GmbH, Term Loan, 9.816%, (3 mo. USD LIBOR + 5.00%), 9.066% cash, 0.75% PIK, 9/21/23 | 96 | 65,251 | |
Flint Group US, LLC, Term Loan, 9.857%, (3 mo. USD LIBOR + 4.25%), 9/21/23 | 582 | 394,716 | |
Gemini HDPE, LLC, Term Loan, 8.631%, (SOFR + 3.00%), 12/31/27 | 671 | 672,403 | |
Groupe Solmax, Inc., Term Loan, 10.221%, (SOFR + 4.75%), 5/29/28(11) | 1,470 | 1,396,271 | |
INEOS Enterprises Holdings II Limited, Term Loan, 6.712%, (3 mo. EURIBOR + 3.25%), 8/31/26 | EUR | 175 | 190,408 |
INEOS Enterprises Holdings US Finco, LLC, Term Loan, 9.127%, (SOFR + 3.75%), 6/23/30 | 475 | 472,427 | |
INEOS Finance PLC, Term Loan, 6.315%, (1 mo. EURIBOR + 2.75%), 11/8/28 | EUR | 625 | 668,290 |
INEOS Quattro Holdings UK, Ltd.: | |||
Term Loan, 7.565%, (1 mo. EURIBOR + 4.00%), 3/14/30 | EUR | 275 | 298,205 |
Term Loan, 9.169%, (SOFR + 3.75%), 3/14/30 | 400 | 396,250 | |
INEOS Styrolution US Holding, LLC, Term Loan, 8.183%, (SOFR + 2.75%), 1/29/26 | 1,960 | 1,947,750 | |
INEOS US Finance, LLC: | |||
Term Loan, 7.565%, (1 mo. EURIBOR + 4.00%), 11/8/27 | EUR | 4 | 4,123 |
Term Loan, 7.919%, (SOFR + 2.50%), 11/8/28 | 518 | 510,522 | |
Term Loan, 8.919%, (SOFR + 3.50%), 2/18/30 | 725 | 718,073 | |
Kraton Corporation, Term Loan, 8.766%, (SOFR + 3.25%), 3/15/29 | 1,141 | 1,142,648 | |
Kraton Polymers Holdings B.V., Term Loan, 6.813%, (3 mo. EURIBOR + 3.25%), 3/15/29 | EUR | 300 | 320,642 |
Lonza Group AG, Term Loan, 9.267%, (SOFR + 3.93%), 7/3/28 | 2,426 | 2,084,690 | |
Momentive Performance Materials, Inc., Term Loan, 9.819%, (SOFR + 4.50%), 3/29/28 | 798 | 790,020 | |
Olympus Water US Holding Corporation: | |||
Term Loan, 9.254%, (SOFR + 3.75%), 11/9/28 | 1,478 | 1,419,059 | |
Term Loan, 9.842%, (SOFR + 4.50%), 11/9/28 | 321 | 312,713 | |
Term Loan, 10.268%, (SOFR + 5.00%), 11/9/28 | 450 | 439,313 |
5
Eaton Vance
Senior Floating-Rate Trust
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Chemicals (continued) | |||
Orion Engineered Carbons GmbH, Term Loan, 7.688%, (3 mo. USD LIBOR + 2.15%), 9/24/28 | 319 | $ 316,419 | |
Rohm Holding GmbH, Term Loan, 10.881%, (1 mo. USD LIBOR + 5.00%), 7/31/26 | 1,439 | 1,358,481 | |
SCUR-Alpha 1503 GmbH, Term Loan, 10.869%, (SOFR + 5.50%), 3/28/30 | 474 | 443,607 | |
Starfruit Finco B.V., Term Loan, 9.347%, (SOFR + 4.00%), 4/3/28 | 600 | 595,500 | |
W.R. Grace & Co.-Conn., Term Loan, 9.313%, (3 mo. USD LIBOR + 3.75%), 9/22/28 | 2,413 | 2,413,250 | |
$ 24,281,643 | |||
Commercial Services & Supplies — 5.2% | |||
Allied Universal Holdco, LLC, Term Loan, 9.169%, (SOFR + 3.75%), 5/12/28 | 3,860 | $ 3,724,094 | |
Belfor Holdings, Inc.: | |||
Term Loan, 9.433%, (SOFR + 4.00%), 4/6/26 | 480 | 480,900 | |
Term Loan, 9.569%, (SOFR + 4.25%), 4/6/26 | 299 | 299,619 | |
EnergySolutions, LLC, Term Loan, 9.288%, (3 mo. USD LIBOR + 3.75%), 5/9/25 | 1,558 | 1,552,508 | |
Garda World Security Corporation, Term Loan, 9.641%, (SOFR + 4.25%), 10/30/26 | 2,408 | 2,409,086 | |
GFL Environmental, Inc., Term Loan, 8.469%, (SOFR + 3.00%), 5/31/27 | 28 | 27,839 | |
LABL, Inc., Term Loan, 10.419%, (SOFR + 5.10%), 10/29/28 | 616 | 613,281 | |
Monitronics International, Inc., Term Loan, 13.004%, (SOFR + 7.50%), 6/30/28 | 1,019 | 1,024,046 | |
PECF USS Intermediate Holding III Corporation, Term Loan, 9.88%, (SOFR + 4.25%), 12/15/28 | 1,502 | 1,211,357 | |
Phoenix Services International, LLC, Term Loan, 11.319%, (SOFR + 6.10%), 6/30/28 | 192 | 180,357 | |
Prime Security Services Borrower, LLC, Term Loan, 7.978%, (SOFR + 2.75%), 9/23/26 | 1,993 | 1,993,067 | |
SITEL Worldwide Corporation, Term Loan, 9.183%, (SOFR + 3.75%), 8/28/28 | 2,284 | 2,265,467 | |
Tempo Acquisition, LLC, Term Loan, 8.319%, (SOFR + 3.00%), 8/31/28 | 1,537 | 1,541,781 | |
TMF Group Holding B.V., Term Loan, 10.168%, (SOFR + 5.00%), 5/3/28 | 375 | 375,586 | |
TruGreen Limited Partnership, Term Loan, 9.419%, (SOFR + 4.00%), 11/2/27 | 2,030 | 1,895,322 | |
$ 19,594,310 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Communications Equipment — 0.1% | |||
Digi International, Inc., Term Loan, 10.433%, (SOFR + 5.00%), 11/1/28 | 299 | $ 299,794 | |
$ 299,794 | |||
Construction Materials — 0.7% | |||
Janus International Group, LLC, Term Loan, 7/25/30(10) | 250 | $ 250,000 | |
Quikrete Holdings, Inc., Term Loan, 8.433%, (SOFR + 3.00%), 3/18/29 | 2,469 | 2,474,922 | |
$ 2,724,922 | |||
Consumer Staples Distribution & Retail — 0.3% | |||
Cardenas Markets, Inc., Term Loan, 12.092%, (SOFR + 6.75%), 8/1/29 | 399 | $ 397,399 | |
Peer Holding III B.V., Term Loan, 7.348%, (3 mo. EURIBOR + 3.75%), 9/29/28 | EUR | 525 | 577,598 |
$ 974,997 | |||
Containers & Packaging — 1.9% | |||
Berlin Packaging, LLC, Term Loan, 8.976%, (USD LIBOR + 3.75%), 3/11/28(11) | 1,782 | $ 1,771,603 | |
Clydesdale Acquisition Holdings, Inc., Term Loan, 9.594%, (SOFR + 4.18%), 4/13/29 | 2,480 | 2,459,627 | |
Pretium PKG Holdings, Inc.: | |||
Term Loan, 9.526%, (SOFR + 4.00%), 10/2/28(11) | 517 | 351,645 | |
Term Loan - Second Lien, 12.272%, (USD LIBOR + 6.75%), 10/1/29(11) | 300 | 159,750 | |
Proampac PG Borrower, LLC, Term Loan, 9.303%, (SOFR + 3.75%), 11/3/25 | 588 | 585,944 | |
Trident TPI Holdings, Inc.: | |||
Term Loan, 9.742%, (SOFR + 4.50%), 9/15/28 | 1,047 | 1,046,282 | |
Term Loan, 9/15/28(10) | 750 | 746,133 | |
$ 7,120,984 | |||
Distributors — 0.9% | |||
Autokiniton US Holdings, Inc., Term Loan, 9.933%, (SOFR + 4.50%), 4/6/28 | 3,140 | $ 3,143,609 | |
Phillips Feed Service, Inc., Term Loan, 12.405%, (SOFR + 7.00%), 11/13/24(3) | 101 | 81,075 | |
$ 3,224,684 | |||
Diversified Consumer Services — 0.7% | |||
Ascend Learning, LLC, Term Loan, 8.919%, (SOFR + 3.50%), 12/11/28 | 542 | $ 511,954 |
6
Eaton Vance
Senior Floating-Rate Trust
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Diversified Consumer Services (continued) | |||
KUEHG Corp., Term Loan, 10.242%, (SOFR + 5.00%), 6/12/30 | 1,325 | $ 1,320,031 | |
Sotheby's, Term Loan, 10.07%, (SOFR + 4.50%), 1/15/27 | 780 | 763,614 | |
$ 2,595,599 | |||
Diversified Financial Services — 0.6% | |||
Concorde Midco, Ltd., Term Loan, 7.892%, (6 mo. EURIBOR + 4.00%), 3/1/28 | EUR | 525 | $ 566,414 |
Sandy BidCo B.V., Term Loan, 7.588%, (3 mo. EURIBOR + 4.00%), 8/17/29 | EUR | 925 | 1,004,143 |
Zephyr Bidco Limited, Term Loan, 9.713%, (SONIA + 4.75%), 7/23/25 | GBP | 700 | 874,015 |
$ 2,444,572 | |||
Diversified Telecommunication Services — 2.8% | |||
Altice France S.A., Term Loan, 10.808%, (SOFR + 5.50%), 8/15/28 | 1,189 | $ 976,622 | |
GEE Holdings 2, LLC: | |||
Term Loan, 13.54%, (3 mo. USD LIBOR + 8.00%), 3/24/25 | 398 | 390,366 | |
Term Loan - Second Lien, 13.79%, (3 mo. USD LIBOR + 8.25%), 3/23/26 | 879 | 538,292 | |
UPC Broadband Holding B.V.: | |||
Term Loan, 5.946%, (1 mo. EURIBOR + 2.50%), 4/30/29 | EUR | 725 | 776,925 |
Term Loan, 7.586%, (SOFR + 2.25%), 4/30/28 | 400 | 390,000 | |
UPC Financing Partnership, Term Loan, 8.261%, (1 mo. USD LIBOR + 2.93%), 1/31/29 | 872 | 849,991 | |
Virgin Media Bristol, LLC, Term Loan, 8.586%, (SOFR + 3.25%), 1/31/29 | 5,675 | 5,608,670 | |
Zayo Group Holdings, Inc., Term Loan, 6.815%, (1 mo. EURIBOR + 3.25%), 3/9/27 | EUR | 1,393 | 1,099,258 |
$ 10,630,124 | |||
Electrical Equipment — 0.3% | |||
AZZ, Inc., Term Loan, 9.669%, (SOFR + 4.25%), 5/13/29 | 1,314 | $ 1,318,509 | |
$ 1,318,509 | |||
Electronic Equipment, Instruments & Components — 2.5% | |||
Chamberlain Group, Inc., Term Loan, 8.669%, (SOFR + 3.25%), 11/3/28 | 1,305 | $ 1,288,404 | |
Creation Technologies, Inc., Term Loan, 11.012%, (SOFR + 5.50%), 10/5/28 | 1,336 | 1,275,504 | |
DG Investment Intermediate Holdings 2, Inc., Term Loan, 9.183%, (SOFR + 3.75%), 3/31/28 | 980 | 971,107 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Electronic Equipment, Instruments & Components (continued) | |||
Ingram Micro, Inc., Term Loan, 6/30/28(10) | 2,000 | $ 2,000,000 | |
Mirion Technologies, Inc., Term Loan, 8.254%, (SOFR + 2.75%), 10/20/28 | 502 | 502,452 | |
Robertshaw US Holding Corp.: | |||
Term Loan, 13.342%, (SOFR + 8.00%), 8.342% cash, 5.00% PIK, 2/28/27 | 216 | 220,320 | |
Term Loan - Second Lien, 12.342%, (SOFR + 7.00%), 2/28/27 | 924 | 808,443 | |
Verifone Systems, Inc., Term Loan, 9.476%, (3 mo. USD LIBOR + 4.00%), 8/20/25 | 1,097 | 1,038,145 | |
Verisure Holding AB: | |||
Term Loan, 6.804%, (3 mo. EURIBOR + 3.25%), 3/27/28 | EUR | 775 | 839,137 |
Term Loan, 6.948%, (3 mo. EURIBOR + 3.25%), 7/20/26 | EUR | 300 | 327,507 |
$ 9,271,019 | |||
Energy Equipment & Services — 0.0%(6) | |||
Ameriforge Group, Inc., Term Loan, 20.50%, (USD Prime + 12.00%), 15.50% cash, 5.00% PIK, 2/1/26(3)(12) | 54 | $ 48,416 | |
$ 48,416 | |||
Engineering & Construction — 0.8% | |||
Aegion Corporation, Term Loan, 10.183%, (SOFR + 4.75%), 5/17/28 | 1,262 | $ 1,244,660 | |
American Residential Services, LLC, Term Loan, 9.004%, (SOFR + 3.50%), 10/15/27 | 561 | 557,822 | |
Northstar Group Services, Inc., Term Loan, 10.933%, (SOFR + 5.50%), 11/12/26 | 1,386 | 1,386,426 | |
$ 3,188,908 | |||
Entertainment — 2.0% | |||
AMC Entertainment Holdings, Inc., Term Loan, 8.202%, (1 mo. USD LIBOR + 3.00%), 4/22/26 | 552 | $ 432,193 | |
City Football Group Limited, Term Loan, 8.406%, (SOFR + 3.00%), 7/21/28 | 1,970 | 1,946,606 | |
Crown Finance US, Inc.: | |||
DIP Loan, 15.348%, (SOFR + 10.00%), 9/7/23 | 1,382 | 1,398,093 | |
Term Loan, 0.00%, 9/30/26(7) | 1,365 | 361,718 | |
EP Purchaser, LLC, Term Loan, 9.004%, (SOFR + 3.50%), 11/6/28 | 346 | 340,873 | |
Renaissance Holding Corp.: | |||
Term Loan, 9.992%, (SOFR + 4.75%), 4/5/30 | 925 | 922,109 | |
Term Loan - Second Lien, 12.419%, (SOFR + 7.00%), 5/29/26 | 175 | 173,994 | |
UFC Holdings, LLC, Term Loan, 8.369%, (SOFR + 2.75%), 4/29/26 | 1,729 | 1,729,418 |
7
Eaton Vance
Senior Floating-Rate Trust
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Entertainment (continued) | |||
Vue International Bidco PLC: | |||
Term Loan, 11.086%, (6 mo. EURIBOR + 8.00%), 6/30/27 | EUR | 69 | $ 70,380 |
Term Loan, 11.359%, (6 mo. EURIBOR + 8.00%), 4.859% cash, 6.50% PIK, 12/31/27 | EUR | 465 | 271,254 |
$ 7,646,638 | |||
Food Products — 1.6% | |||
8th Avenue Food & Provisions, Inc., Term Loan, 10.183%, (SOFR + 4.75%), 10/1/25 | 491 | $ 459,728 | |
Badger Buyer Corp., Term Loan, 8.933%, (SOFR + 3.50%), 9/30/24 | 330 | 252,355 | |
CHG PPC Parent, LLC, Term Loan, 8.433%, (SOFR + 3.00%), 12/8/28 | 395 | 391,037 | |
Del Monte Foods, Inc., Term Loan, 9.655%, (SOFR + 4.25%), 5/16/29 | 896 | 870,103 | |
Nomad Foods Europe Midco Limited, Term Loan, 11/12/29(10) | 2,000 | 2,005,000 | |
Shearer's Foods, Inc., Term Loan, 8.933%, (SOFR + 3.50%), 9/23/27 | 389 | 386,385 | |
Sovos Brands Intermediate, Inc., Term Loan, 9.131%, (SOFR + 3.50%), 6/8/28 | 893 | 893,210 | |
United Petfood Group B.V., Term Loan, 6.466%, (3 mo. EURIBOR + 2.75%), 4/23/28 | EUR | 700 | 754,257 |
$ 6,012,075 | |||
Gas Utilities — 0.8% | |||
CQP Holdco, L.P., Term Loan, 8.919%, (SOFR + 3.50%), 6/5/28 | 2,896 | $ 2,899,532 | |
$ 2,899,532 | |||
Health Care Equipment & Supplies — 2.1% | |||
Artivion, Inc., Term Loan, 9.004%, (SOFR + 3.50%), 6/1/27 | 473 | $ 455,963 | |
Bayou Intermediate II, LLC, Term Loan, 9.689%, (SOFR + 4.50%), 8/2/28 | 788 | 758,450 | |
Gloves Buyer, Inc.: | |||
Term Loan, 9.433%, (SOFR + 4.00%), 12/29/27 | 1,618 | 1,547,474 | |
Term Loan, 10.351%, (SOFR + 5.00%), 12/29/27 | 625 | 602,344 | |
Journey Personal Care Corp., Term Loan, 9.981%, (6 mo. USD LIBOR + 4.25%), 3/1/28 | 2,501 | 2,215,099 | |
Medline Borrower, L.P., Term Loan, 8.683%, (SOFR + 3.25%), 10/23/28 | 2,469 | 2,447,148 | |
$ 8,026,478 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Health Care Providers & Services — 9.0% | |||
AEA International Holdings (Lux) S.a.r.l., Term Loan, 9.254%, (SOFR + 3.75%), 9/7/28 | 1,608 | $ 1,608,087 | |
Biogroup-LCD, Term Loan, 6.28%, (3 mo. EURIBOR + 3.00%), 2/9/28 | EUR | 225 | 238,111 |
BW NHHC Holdco, Inc., Term Loan - Second Lien, 13.24%, (SOFR + 8.00%), 10.99% cash, 2.25% PIK, 1/15/26 | 2,161 | 1,641,994 | |
Cano Health, LLC, Term Loan, 9.419%, (SOFR + 4.00%), 11/23/27 | 2,455 | 2,092,918 | |
CCRR Parent, Inc., Term Loan, 9.183%, (SOFR + 3.75%), 3/6/28 | 1,557 | 1,535,928 | |
Cerba Healthcare S.A.S.: | |||
Term Loan, 7.265%, (1 mo. EURIBOR + 3.70%), 6/30/28 | EUR | 450 | 480,963 |
Term Loan, 7.565%, (1 mo. EURIBOR + 4.00%), 2/15/29 | EUR | 500 | 536,556 |
CHG Healthcare Services, Inc., Term Loan, 8.683%, (SOFR + 3.25%), 9/29/28 | 1,655 | 1,653,242 | |
CNT Holdings I Corp., Term Loan, 8.80%, (SOFR + 3.50%), 11/8/27 | 1,519 | 1,517,912 | |
Covis Finco S.a.r.l., Term Loan, 11.55%, (SOFR + 6.50%), 2/18/27 | 621 | 447,301 | |
Electron BidCo, Inc., Term Loan, 8.433%, (SOFR + 3.00%), 11/1/28 | 667 | 665,591 | |
Ensemble RCM, LLC, Term Loan, 9.219%, (SOFR + 3.75%), 8/3/26 | 349 | 349,187 | |
Envision Healthcare Corporation: | |||
Term Loan, 0.00%, 3/31/27(7) | 314 | 357,249 | |
Term Loan - Second Lien, 0.00%, 3/31/27(7) | 2,217 | 543,120 | |
IVC Acquisition, Ltd., Term Loan, 7.687%, (6 mo. EURIBOR + 4.00%), 2/13/26 | EUR | 1,325 | 1,456,079 |
LSCS Holdings, Inc., Term Loan, 9.933%, (SOFR + 4.61%), 12/16/28 | 616 | 606,903 | |
Medical Solutions Holdings, Inc., Term Loan, 8.614%, (SOFR + 3.25%), 11/1/28 | 2,482 | 2,384,703 | |
National Mentor Holdings, Inc.: | |||
Term Loan, 9.092%, (SOFR + 3.75%), 3/2/28 | 46 | 36,969 | |
Term Loan, 9.153%, (SOFR + 3.75%), 3/2/28(11) | 1,584 | 1,263,998 | |
Option Care Health, Inc., Term Loan, 8.183%, (SOFR + 2.75%), 10/27/28 | 345 | 345,224 | |
Pacific Dental Services, LLC, Term Loan, 8.92%, (SOFR + 3.50%), 5/5/28 | 539 | 538,865 | |
PetVet Care Centers, LLC, Term Loan, 8.919%, (1 mo. USD LIBOR + 3.50%), 2/14/25 | 293 | 287,196 | |
Phoenix Guarantor, Inc.: | |||
Term Loan, 8.683%, (SOFR + 3.25%), 3/5/26 | 2,939 | 2,923,474 | |
Term Loan, 8.933%, (SOFR + 3.50%), 3/5/26 | 1,421 | 1,413,379 |
8
Eaton Vance
Senior Floating-Rate Trust
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Health Care Providers & Services (continued) | |||
Radiology Partners, Inc., Term Loan, 9.601%, (SOFR + 4.25%), 7/9/25 | 1,213 | $ 894,260 | |
Radnet Management, Inc., Term Loan, 8.433%, (SOFR + 3.00%), 4/21/28 | 2,450 | 2,452,553 | |
Sound Inpatient Physicians, Term Loan, 8.631%, (SOFR + 3.00%), 6/27/25 | 428 | 249,019 | |
Surgery Center Holdings, Inc., Term Loan, 9.119%, (SOFR + 3.75%), 8/31/26 | 2,203 | 2,206,719 | |
Synlab Bondco PLC, Term Loan, 6.392%, (6 mo. EURIBOR + 2.50%), 7/1/27 | EUR | 300 | 329,349 |
TTF Holdings, LLC, Term Loan, 3/31/28(10) | 2,000 | 2,005,000 | |
U.S. Anesthesia Partners, Inc., Term Loan, 9.478%, (SOFR + 4.25%), 10/1/28 | 909 | 856,414 | |
$ 33,918,263 | |||
Health Care Technology — 3.4% | |||
Athenahealth Group, Inc.: | |||
Term Loan, 2/15/29(10) | 1,781 | $ 1,733,208 | |
Term Loan, 2/15/29(10) | 219 | 213,458 | |
Certara, L.P., Term Loan, 8.976%, (1 mo. USD LIBOR + 3.50%), 8/15/26 | 943 | 945,200 | |
eResearchTechnology, Inc., Term Loan, 9.933%, (SOFR + 4.50%), 2/4/27 | 318 | 308,841 | |
Imprivata, Inc.: | |||
Term Loan, 9.183%, (SOFR + 3.75%), 12/1/27 | 2,134 | 2,108,847 | |
Term Loan, 9.569%, (SOFR + 4.25%), 12/1/27 | 198 | 196,688 | |
MedAssets Software Intermediate Holdings, Inc.: | |||
Term Loan, 9.433%, (SOFR + 4.00%), 12/18/28 | 938 | 783,334 | |
Term Loan - Second Lien, 12.569%, (SOFR + 6.75%), 12/17/29 | 600 | 412,500 | |
Navicure, Inc., Term Loan, 9.433%, (SOFR + 4.11%), 10/22/26 | 1,391 | 1,392,980 | |
PointClickCare Technologies, Inc., Term Loan, 8.765%, (SOFR + 3.00%), 12/29/27 | 611 | 610,938 | |
Project Ruby Ultimate Parent Corp., Term Loan, 8.683%, (SOFR + 3.25%), 3/10/28 | 1,100 | 1,087,806 | |
Symplr Software, Inc., Term Loan, 9.969%, (SOFR + 4.50%), 12/22/27 | 1,704 | 1,542,441 | |
Verscend Holding Corp., Term Loan, 9.433%, (SOFR + 4.00%), 8/27/25 | 1,442 | 1,443,579 | |
$ 12,779,820 | |||
Hotels, Restaurants & Leisure — 4.9% | |||
Carnival Corporation: | |||
Term Loan, 8.433%, (SOFR + 3.00%), 6/30/25 | 1,261 | $ 1,261,630 | |
Term Loan, 8.683%, (SOFR + 3.25%), 10/18/28 | 3,255 | 3,251,380 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Hotels, Restaurants & Leisure (continued) | |||
ClubCorp Holdings, Inc., Term Loan, 8.288%, (3 mo. USD LIBOR + 2.75%), 9/18/24 | 1,469 | $ 1,437,109 | |
Fertitta Entertainment, LLC, Term Loan, 1/27/29(10) | 2,000 | 1,982,292 | |
Great Canadian Gaming Corporation, Term Loan, 9.52%, (3 mo. USD LIBOR + 4.00%), 11/1/26 | 1,510 | 1,511,402 | |
IRB Holding Corp., Term Loan, 8.419%, (SOFR + 3.00%), 12/15/27 | 2,444 | 2,434,765 | |
Ontario Gaming GTA L.P., Term Loan, 8/1/30(10) | 400 | 400,417 | |
Oravel Stays Singapore Pte., Ltd., Term Loan, 13.79%, (3 mo. USD LIBOR + 8.25%), 6/23/26 | 588 | 505,680 | |
Playa Resorts Holding B.V., Term Loan, 9.472%, (SOFR + 4.25%), 1/5/29 | 2,040 | 2,038,938 | |
Scientific Games Holdings, L.P., Term Loan, 8.768%, (SOFR + 3.50%), 4/4/29 | 1,990 | 1,968,418 | |
SeaWorld Parks & Entertainment, Inc., Term Loan, 8.433%, (SOFR + 3.00%), 8/25/28 | 737 | 737,911 | |
SMG US Midco 2, Inc., Term Loan, 8.131%, (SOFR + 2.50%), 1/23/25 | 1 | 553 | |
Wyndham Hotels & Resorts, Inc., Term Loan, 7.669%, (SOFR + 2.25%), 5/24/30 | 800 | 802,571 | |
$ 18,333,066 | |||
Household Durables — 1.5% | |||
ACProducts, Inc., Term Loan, 9.754%, (SOFR + 4.25%), 5/17/28 | 1,911 | $ 1,645,849 | |
Libbey Glass, Inc., Term Loan, 13.779%, (SOFR + 8.50%), 9.029% cash, 4.75% PIK, 11/22/27 | 673 | 627,495 | |
Serta Simmons Bedding, LLC, Term Loan, 12.739%, (SOFR + 7.50%), 6/29/28 | 1,432 | 1,439,592 | |
Solis IV B.V., Term Loan, 8.666%, (SOFR + 3.50%), 2/26/29 | 1,987 | 1,898,523 | |
$ 5,611,459 | |||
Household Products — 0.5% | |||
Kronos Acquisition Holdings, Inc.: | |||
Term Loan, 9.254%, (3 mo. USD LIBOR + 3.75%), 12/22/26 | 1,768 | $ 1,736,569 | |
Term Loan, 11.375%, (SOFR + 6.00%), 12/22/26 | 345 | 341,302 | |
$ 2,077,871 | |||
Insurance — 3.2% | |||
Alliant Holdings Intermediate, LLC, Term Loan, 8.722%, (SOFR + 3.50%), 11/5/27 | 1,084 | $ 1,082,887 | |
AmWINS Group, Inc., Term Loan, 8.183%, (SOFR + 2.75%), 2/19/28 | 647 | 646,692 | |
AssuredPartners, Inc.: | |||
Term Loan, 8.933%, (SOFR + 3.50%), 2/12/27 | 1,372 | 1,365,001 |
9
Eaton Vance
Senior Floating-Rate Trust
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Insurance (continued) | |||
AssuredPartners, Inc.:���(continued) | |||
Term Loan, 8.933%, (SOFR + 3.50%), 2/12/27 | 1,372 | $ 1,365,712 | |
Financiere CEP S.A.S., Term Loan, 7.348%, (3 mo. EURIBOR + 3.75%), 6/18/27 | EUR | 500 | 548,719 |
NFP Corp., Term Loan, 8.683%, (SOFR + 3.25%), 2/15/27 | 2,155 | 2,119,262 | |
Ryan Specialty Group, LLC, Term Loan, 8.419%, (SOFR + 3.00%), 9/1/27 | 2,940 | 2,942,119 | |
USI, Inc., Term Loan, 8.788%, (3 mo. USD LIBOR + 3.25%), 12/2/26 | 1,959 | 1,962,606 | |
$ 12,032,998 | |||
Interactive Media & Services — 1.8% | |||
Adevinta ASA: | |||
Term Loan, 6.348%, (3 mo. EURIBOR + 2.75%), 6/26/28 | EUR | 811 | $ 894,477 |
Term Loan, 8.288%, (3 mo. USD LIBOR + 2.75%), 6/26/28 | 221 | 221,390 | |
Arches Buyer, Inc., Term Loan, 8.669%, (SOFR + 3.25%), 12/6/27 | 1,980 | 1,925,017 | |
Buzz Finco, LLC, Term Loan, 8.169%, (SOFR + 2.75%), 1/29/27 | 532 | 531,792 | |
Foundational Education Group, Inc., Term Loan, 9.881%, (SOFR + 4.25%), 8/31/28 | 1,453 | 1,336,645 | |
Getty Images, Inc., Term Loan, 9.844%, (SOFR + 4.50%), 2/19/26(11) | 1,035 | 1,036,951 | |
Match Group, Inc., Term Loan, 7.264%, (3 mo. USD LIBOR + 1.75%), 2/13/27 | 700 | 699,125 | |
$ 6,645,397 | |||
IT Services — 6.3% | |||
Asurion, LLC: | |||
Term Loan, 8.788%, (3 mo. USD LIBOR + 3.25%), 12/23/26 | 1,151 | $ 1,122,559 | |
Term Loan, 8.788%, (3 mo. USD LIBOR + 3.25%), 7/31/27 | 1,470 | 1,408,677 | |
Term Loan, 9.419%, (SOFR + 4.00%), 8/19/28 | 1,101 | 1,057,254 | |
Term Loan - Second Lien, 10.683%, (SOFR + 5.25%), 1/31/28 | 1,830 | 1,634,038 | |
Term Loan - Second Lien, 10.683%, (SOFR + 5.25%), 1/20/29 | 1,400 | 1,229,500 | |
Endure Digital, Inc., Term Loan, 8.369%, (6 mo. USD LIBOR + 3.50%), 2/10/28 | 4,006 | 3,791,837 | |
Gainwell Acquisition Corp., Term Loan, 9.342%, (SOFR + 4.00%), 10/1/27 | 3,825 | 3,775,589 | |
Go Daddy Operating Company, LLC, Term Loan, 11/9/29(10) | 2,000 | 2,005,416 | |
Indy US Bidco, LLC, Term Loan, 7.315%, (1 mo. EURIBOR + 3.75%), 3/6/28 | EUR | 588 | 605,890 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
IT Services (continued) | |||
NAB Holdings, LLC, Term Loan, 8.392%, (SOFR + 3.00%), 11/23/28 | 3,157 | $ 3,153,109 | |
Rackspace Technology Global, Inc., Term Loan, 8.029%, (SOFR + 2.75%), 2/15/28 | 2,947 | 1,312,749 | |
Sedgwick Claims Management Services, Inc., Term Loan, 9.069%, (SOFR + 3.75%), 2/24/28 | 1,129 | 1,127,147 | |
Skopima Merger Sub, Inc., Term Loan, 9.433%, (SOFR + 4.00%), 5/12/28 | 1,498 | 1,462,653 | |
$ 23,686,418 | |||
Leisure Products — 0.5% | |||
Amer Sports Oyj, Term Loan, 7.648%, (6 mo. EURIBOR + 4.00%), 3/30/26 | EUR | 1,650 | $ 1,809,263 |
Fender Musical Instruments Corporation, Term Loan, 9.355%, (SOFR + 4.00%), 12/1/28 | 270 | 261,697 | |
$ 2,070,960 | |||
Life Sciences Tools & Services — 1.2% | |||
Cambrex Corporation, Term Loan, 8.919%, (SOFR + 3.50%), 12/4/26 | 289 | $ 288,628 | |
Curia Global, Inc., Term Loan, 9.169%, (SOFR + 3.75%), 8/30/26(11) | 1,831 | 1,599,019 | |
LGC Group Holdings, Ltd., Term Loan, 6.315%, (1 mo. EURIBOR + 2.75%), 4/21/27 | EUR | 475 | 501,916 |
Loire Finco Luxembourg S.a.r.l., Term Loan, 8.419%, (SOFR + 3.00%), 4/21/27 | 315 | 309,667 | |
Packaging Coordinators Midco, Inc., Term Loan, 9.004%, (SOFR + 3.50%), 11/30/27 | 1,351 | 1,341,759 | |
Sotera Health Holdings, LLC, Term Loan, 8.183%, (SOFR + 2.75%), 12/11/26 | 625 | 620,020 | |
$ 4,661,009 | |||
Machinery — 8.9% | |||
AI Aqua Merger Sub, Inc., Term Loan, 8.944%, (SOFR + 3.75%), 7/31/28 | 2,178 | $ 2,152,136 | |
Albion Financing 3 S.a.r.l.: | |||
Term Loan, 10.596%, (SOFR + 5.25%), 8/17/26 | 1,330 | 1,328,088 | |
Term Loan, 10.651%, (SOFR + 5.50%), 8/17/26 | 274 | 274,484 | |
Alliance Laundry Systems, LLC, Term Loan, 8.899%, (SOFR + 3.50%), 10/8/27(11) | 2,089 | 2,088,029 | |
American Trailer World Corp., Term Loan, 9.169%, (SOFR + 3.75%), 3/3/28 | 1,261 | 1,179,841 | |
Apex Tool Group, LLC, Term Loan, 10.605%, (SOFR + 5.25%), 2/8/29 | 2,073 | 1,939,273 | |
Clark Equipment Company, Term Loan, 7.842%, (SOFR + 2.50%), 4/20/29 | 995 | 997,574 |
10
Eaton Vance
Senior Floating-Rate Trust
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Machinery (continued) | |||
Conair Holdings, LLC, Term Loan, 9.288%, (3 mo. USD LIBOR + 3.75%), 5/17/28 | 2,162 | $ 2,060,990 | |
CPM Holdings, Inc., Term Loan, 8.728%, (1 mo. USD LIBOR + 3.50%), 11/17/25 | 1,959 | 1,962,635 | |
Delachaux Group S.A., Term Loan, 9.869%, (SOFR + 4.50%), 4/16/26 | 315 | 310,800 | |
EMRLD Borrower, L.P., Term Loan, 8.264%, (SOFR + 3.00%), 5/31/30 | 1,100 | 1,101,805 | |
Engineered Machinery Holdings, Inc., Term Loan, 9.038%, (3 mo. USD LIBOR + 3.50%), 5/19/28 | 3,125 | 3,112,246 | |
Filtration Group Corporation, Term Loan, 8.933%, (SOFR + 3.50%), 10/21/28 | 639 | 638,283 | |
Gates Global, LLC, Term Loan, 7.919%, (SOFR + 2.50%), 3/31/27 | 2,523 | 2,521,212 | |
Icebox Holdco III, Inc., Term Loan, 9.254%, (SOFR + 3.75%), 12/22/28 | 717 | 705,922 | |
Madison IAQ, LLC, Term Loan, 8.302%, (6 mo. USD LIBOR + 3.25%), 6/21/28 | 2,450 | 2,407,294 | |
Pro Mach Group, Inc., Term Loan, 8/31/28(10) | 1,500 | 1,503,333 | |
Roper Industrial Products Investment Company, LLC, Term Loan, 9.742%, (SOFR + 4.50%), 11/22/29 | 1,322 | 1,322,868 | |
SPX Flow, Inc., Term Loan, 9.919%, (SOFR + 4.50%), 4/5/29 | 1,917 | 1,901,413 | |
Titan Acquisition Limited, Term Loan, 8.731%, (3 mo. USD LIBOR + 3.00%), 3/28/25 | 1,964 | 1,926,559 | |
TK Elevator Topco GmbH, Term Loan, 7.597%, (6 mo. EURIBOR + 3.63%), 7/30/27 | EUR | 500 | 544,367 |
Vertical US Newco, Inc., Term Loan, 9.381%, (SOFR + 3.50%), 7/30/27 | 1,192 | 1,188,917 | |
Zephyr German BidCo GmbH, Term Loan, 7.462%, (3 mo. EURIBOR + 3.85%), 3/10/28 | EUR | 600 | 631,113 |
$ 33,799,182 | |||
Media — 2.0% | |||
Gray Television, Inc.: | |||
Term Loan, 7.728%, (SOFR + 2.50%), 1/2/26 | 595 | $ 590,342 | |
Term Loan, 8.228%, (SOFR + 3.00%), 12/1/28 | 813 | 803,031 | |
Hubbard Radio, LLC, Term Loan, 9.69%, (1 mo. USD LIBOR + 4.25%), 3/28/25 | 536 | 507,365 | |
MJH Healthcare Holdings, LLC, Term Loan, 8.919%, (SOFR + 3.50%), 1/28/29 | 247 | 245,178 | |
Nexstar Broadcasting, Inc., Term Loan, 7.933%, (SOFR + 2.50%), 9/18/26 | 255 | 254,971 | |
Recorded Books, Inc., Term Loan, 9.319%, (SOFR + 4.00%), 8/29/25 | 2,280 | 2,283,867 | |
Sinclair Television Group, Inc.: | |||
Term Loan, 7.933%, (SOFR + 2.50%), 9/30/26 | 578 | 517,134 | |
Term Loan, 8.433%, (SOFR + 3.00%), 4/1/28 | 385 | 307,802 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Media (continued) | |||
Univision Communications, Inc., Term Loan, 8.683%, (SOFR + 3.25%), 3/15/26 | 2,156 | $ 2,148,251 | |
$ 7,657,941 | |||
Metals/Mining — 0.7% | |||
Arsenal AIC Parent, LLC, Term Loan, 7/26/30(10) | 750 | $ 750,156 | |
Dynacast International, LLC, Term Loan, 14.325%, (SOFR + 9.00%), 10/22/25 | 330 | 255,402 | |
PMHC II, Inc., Term Loan, 9.699%, (SOFR + 4.25%), 4/23/29 | 1,194 | 1,108,920 | |
WireCo WorldGroup, Inc., Term Loan, 9.586%, (SOFR + 4.25%), 11/13/28 | 396 | 396,138 | |
$ 2,510,616 | |||
Oil, Gas & Consumable Fuels — 2.2% | |||
Freeport LNG Investments, LLP, Term Loan, 9.088%, (SOFR + 3.50%), 12/21/28 | 587 | $ 580,649 | |
Matador Bidco S.a.r.l., Term Loan, 9.919%, (SOFR + 4.50%), 10/15/26 | 3,306 | 3,328,320 | |
Oryx Midstream Services Permian Basin, LLC, Term Loan, 8.505%, (SOFR + 3.25%), 10/5/28 | 882 | 883,655 | |
Oxbow Carbon, LLC, Term Loan, 9.38%, (SOFR + 4.00%), 5/10/30(11) | 525 | 524,672 | |
QuarterNorth Energy Holding, Inc., Term Loan - Second Lien, 13.433%, (SOFR + 8.00%), 8/27/26 | 755 | 754,362 | |
UGI Energy Services, LLC, Term Loan, 8.669%, (SOFR + 3.25%), 2/22/30 | 2,382 | 2,378,544 | |
$ 8,450,202 | |||
Personal Products — 0.5% | |||
Olaplex, Inc., Term Loan, 8.919%, (SOFR + 3.50%), 2/23/29 | 995 | $ 938,996 | |
Sunshine Luxembourg VII S.a.r.l., Term Loan, 9.092%, (SOFR + 3.75%), 10/1/26 | 1,124 | 1,124,125 | |
$ 2,063,121 | |||
Pharmaceuticals — 2.0% | |||
Amneal Pharmaceuticals, LLC, Term Loan, 8.933%, (SOFR + 3.50%), 5/4/25 | 563 | $ 536,457 | |
Bausch Health Companies, Inc., Term Loan, 10.605%, (SOFR + 5.25%), 2/1/27 | 1,629 | 1,336,024 | |
Jazz Financing Lux S.a.r.l., Term Loan, 8.933%, (SOFR + 3.50%), 5/5/28 | 2,208 | 2,208,217 | |
Mallinckrodt International Finance S.A.: | |||
Term Loan, 10.619%, (SOFR + 5.25%), 9/30/27 | 1,846 | 1,408,666 | |
Term Loan, 10.869%, (SOFR + 5.50%), 9/30/27 | 2,646 | 2,008,521 |
11
Eaton Vance
Senior Floating-Rate Trust
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Pharmaceuticals (continued) | |||
PharmaZell GmbH, Term Loan, 7.348%, (3 mo. EURIBOR + 3.75%), 5/12/27 | EUR | 125 | $ 132,868 |
$ 7,630,753 | |||
Professional Services — 4.4% | |||
AlixPartners, LLP: | |||
Term Loan, 6.598%, (3 mo. EURIBOR + 3.00%), 2/4/28 | EUR | 489 | $ 532,007 |
Term Loan, 2/4/28(10) | 550 | 549,886 | |
APFS Staffing Holdings, Inc., Term Loan, 9.319%, (SOFR + 4.00%), 12/29/28 | 247 | 241,320 | |
Apleona Holding GmbH, Term Loan, 6.764%, (3 mo. EURIBOR + 3.00%), 4/28/28 | EUR | 750 | 811,482 |
Camelot U.S. Acquisition, LLC, Term Loan, 8.433%, (SOFR + 3.00%), 10/30/26 | 2,999 | 2,999,318 | |
CoreLogic, Inc., Term Loan, 8.933%, (SOFR + 3.50%), 6/2/28 | 2,837 | 2,621,240 | |
Corporation Service Company, Term Loan, 8.669%, (SOFR + 3.25%), 11/2/29 | 310 | 311,151 | |
Deerfield Dakota Holding, LLC, Term Loan, 8.992%, (SOFR + 3.75%), 4/9/27 | 2,088 | 2,015,243 | |
EAB Global, Inc., Term Loan, 8/16/28(10) | 1,500 | 1,490,469 | |
Employbridge Holding Company, Term Loan, 10.259%, (SOFR + 4.75%), 7/19/28(11) | 1,970 | 1,602,030 | |
Neptune Bidco U.S., Inc., Term Loan, 10.399%, (SOFR + 5.00%), 4/11/29 | 1,845 | 1,637,770 | |
Rockwood Service Corporation, Term Loan, 1/23/27(10) | 700 | 702,625 | |
Techem Verwaltungsgesellschaft 675 mbH, Term Loan, 6.275%, (6 mo. EURIBOR + 2.38%), 7/15/25 | EUR | 739 | 813,625 |
Vaco Holdings, LLC, Term Loan, 10.587%, (SOFR + 5.00%), 1/21/29 | 246 | 235,169 | |
$ 16,563,335 | |||
Road & Rail — 1.6% | |||
First Student Bidco, Inc.: | |||
Term Loan, 8.501%, (3 mo. USD LIBOR + 3.00%), 7/21/28 | 272 | $ 265,269 | |
Term Loan, 8.501%, (SOFR + 3.00%), 7/21/28 | 725 | 707,705 | |
Grab Holdings, Inc., Term Loan, 9.933%, (SOFR + 4.50%), 1/29/26 | 1,034 | 1,035,778 | |
Hertz Corporation (The): | |||
Term Loan, 6/30/28(10) | 1,259 | 1,260,469 | |
Term Loan, 6/30/28(10) | 241 | 241,781 | |
Kenan Advantage Group, Inc., Term Loan, 9.477%, (SOFR + 3.75%), 3/24/26 | 2,364 | 2,366,739 | |
$ 5,877,741 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Semiconductors & Semiconductor Equipment — 1.0% | |||
Altar Bidco, Inc.: | |||
Term Loan, 8.142%, (SOFR + 3.10%), 2/1/29(11) | 1,810 | $ 1,799,921 | |
Term Loan - Second Lien, 10.512%, (SOFR + 5.60%), 2/1/30 | 450 | 415,875 | |
Bright Bidco B.V., Term Loan, 14.366%, (SOFR + 9.00%), 6.366% cash, 8.00% PIK, 10/31/27 | 435 | 230,812 | |
Entegris, Inc., Term Loan, 7/6/29(10) | 1,500 | 1,503,883 | |
$ 3,950,491 | |||
Software — 24.2% | |||
Applied Systems, Inc., Term Loan, 9.742%, (SOFR + 4.50%), 9/18/26 | 648 | $ 650,563 | |
AppLovin Corporation, Term Loan, 8.412%, (SOFR + 3.35%), 8/15/25 | 1,807 | 1,810,283 | |
Aptean, Inc., Term Loan, 9.669%, (SOFR + 4.25%), 4/23/26 | 2,062 | 2,045,539 | |
AQA Acquisition Holding, Inc., Term Loan, 9.88%, (SOFR + 4.25%), 3/3/28(11) | 882 | 877,315 | |
Astra Acquisition Corp.: | |||
Term Loan, 10.683%, (SOFR + 5.25%), 10/25/28 | 920 | 699,170 | |
Term Loan - Second Lien, 14.308%, (SOFR + 8.88%), 10/25/29 | 1,425 | 778,813 | |
Banff Merger Sub, Inc.: | |||
Term Loan, 7.565%, (1 mo. EURIBOR + 4.00%), 10/2/25 | EUR | 264 | 289,961 |
Term Loan, 9.183%, (SOFR + 3.75%), 10/2/25 | 3,396 | 3,390,409 | |
Term Loan - Second Lien, 10.805%, (SOFR + 5.50%), 2/27/26 | 750 | 740,000 | |
CDK Global, Inc., Term Loan, 9.492%, (SOFR + 4.25%), 7/6/29 | 2,040 | 2,043,044 | |
CentralSquare Technologies, LLC, Term Loan, 9.142%, (3 mo. USD LIBOR + 3.75%), 8/29/25 | 788 | 745,133 | |
Ceridian HCM Holding, Inc., Term Loan, 7.976%, (3 mo. USD LIBOR + 2.50%), 4/30/25 | 875 | 876,128 | |
Cloud Software Group, Inc., Term Loan, 9.842%, (SOFR + 4.50%), 3/30/29(11) | 2,996 | 2,876,634 | |
Cloudera, Inc.: | |||
Term Loan, 9.169%, (SOFR + 3.75%), 10/8/28 | 2,315 | 2,270,626 | |
Term Loan - Second Lien, 11.419%, (SOFR + 6.00%), 10/8/29 | 650 | 612,896 | |
Cornerstone OnDemand, Inc., Term Loan, 9.254%, (SOFR + 3.75%), 10/16/28 | 1,136 | 1,055,185 | |
Delta TopCo, Inc.: | |||
Term Loan, 9.069%, (SOFR + 3.75%), 12/1/27 | 1,409 | 1,379,246 | |
Term Loan - Second Lien, 12.569%, (SOFR + 7.25%), 12/1/28 | 2,025 | 1,903,500 |
12
Eaton Vance
Senior Floating-Rate Trust
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Software (continued) | |||
E2open, LLC, Term Loan, 8.933%, (SOFR + 3.50%), 2/4/28 | 858 | $ 857,516 | |
ECI Macola Max Holding, LLC, Term Loan, 9.254%, (SOFR + 3.75%), 11/9/27 | 1,268 | 1,264,791 | |
Epicor Software Corporation: | |||
Term Loan, 8.683%, (SOFR + 3.25%), 7/30/27 | 2,233 | 2,222,101 | |
Term Loan - Second Lien, 13.169%, (SOFR + 7.75%), 7/31/28 | 850 | 856,375 | |
Finastra USA, Inc.: | |||
Term Loan, 9.205%, (USD LIBOR + 3.50%), 6/13/24(11) | 4,605 | 4,473,665 | |
Term Loan - Second Lien, 12.981%, (6 mo. USD LIBOR + 7.25%), 6/13/25 | 1,000 | 917,891 | |
Fiserv Investment Solutions, Inc., Term Loan, 2/18/27(10) | 1,500 | 1,468,750 | |
GoTo Group, Inc., Term Loan, 10.269%, (SOFR + 4.75%), 8/31/27 | 1,828 | 1,169,430 | |
Greeneden U.S. Holdings II, LLC, Term Loan, 9.433%, (SOFR + 4.00%), 12/1/27 | 2,299 | 2,298,958 | |
Hyland Software, Inc., Term Loan - Second Lien, 11.683%, (SOFR + 6.25%), 7/7/25 | 3,630 | 3,611,850 | |
Imperva, Inc., Term Loan, 9.337%, (3 mo. USD LIBOR + 4.00%), 1/12/26 | 2,298 | 2,297,338 | |
Ivanti Software, Inc., Term Loan, 9.758%, (SOFR + 4.25%), 12/1/27 | 1,309 | 1,105,136 | |
Magenta Buyer, LLC: | |||
Term Loan, 10.631%, (SOFR + 5.00%), 7/27/28 | 2,430 | 1,847,781 | |
Term Loan - Second Lien, 13.881%, (SOFR + 8.25%), 7/27/29 | 1,150 | 730,250 | |
Marcel LUX IV S.a.r.l., Term Loan, 9.184%, (SOFR + 4.00%), 12/31/27 | 100 | 100,237 | |
Maverick Bidco, Inc., Term Loan, 5/18/28(10) | 846 | 823,152 | |
McAfee, LLC, Term Loan, 8.963%, (SOFR + 3.75%), 3/1/29 | 2,426 | 2,353,341 | |
Mediaocean, LLC, Term Loan, 8.919%, (SOFR + 3.50%), 12/15/28 | 543 | 518,232 | |
Open Text Corporation, Term Loan, 8.919%, (SOFR + 3.50%), 1/31/30 | 2,065 | 2,070,270 | |
Panther Commercial Holdings, L.P., Term Loan, 9.669%, (SOFR + 4.25%), 1/7/28 | 883 | 883,763 | |
Polaris Newco, LLC, Term Loan, 9.538%, (3 mo. USD LIBOR + 4.00%), 6/2/28 | 2,628 | 2,488,360 | |
Proofpoint, Inc., Term Loan, 8.683%, (SOFR + 3.25%), 8/31/28 | 2,955 | 2,916,012 | |
Quartz Acquireco, LLC, Term Loan, 8.817%, (SOFR + 3.50%), 6/28/30 | 750 | 750,000 | |
Quest Software US Holdings, Inc., Term Loan, 9.769%, (SOFR + 4.25%), 2/1/29 | 1,773 | 1,452,236 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Software (continued) | |||
RealPage, Inc., Term Loan, 8.433%, (SOFR + 3.00%), 4/24/28 | 4,569 | $ 4,497,501 | |
Redstone Holdco 2 L.P., Term Loan, 10.163%, (SOFR + 4.75%), 4/27/28 | 1,376 | 1,060,512 | |
Sabre GLBL, Inc.: | |||
Term Loan, 8.933%, (SOFR + 3.50%), 12/17/27 | 1,472 | 1,221,797 | |
Term Loan, 8.933%, (SOFR + 3.50%), 12/17/27 | 944 | 783,897 | |
Term Loan, 9.669%, (SOFR + 4.25%), 6/30/28 | 881 | 736,051 | |
Skillsoft Corporation, Term Loan, 7/14/28(10) | 1,500 | 1,389,375 | |
SolarWinds Holdings, Inc., Term Loan, 9.069%, (SOFR + 3.75%), 2/5/27 | 1,646 | 1,648,494 | |
Sophia, L.P., Term Loan, 9.038%, (3 mo. USD LIBOR + 3.50%), 10/7/27 | 4,139 | 4,123,031 | |
Turing Midco, LLC, Term Loan, 7.819%, (SOFR + 2.50%), 3/24/28 | 178 | 177,509 | |
Ultimate Software Group, Inc. (The): | |||
Term Loan, 8.618%, (SOFR + 3.25%), 5/4/26 | 4,170 | 4,151,977 | |
Term Loan, 9.219%, (SOFR + 3.75%), 5/4/26 | 1,538 | 1,536,643 | |
Veritas US, Inc.: | |||
Term Loan, 8.348%, (3 mo. EURIBOR + 4.75%), 9/1/25 | EUR | 316 | 291,711 |
Term Loan, 10.433%, (SOFR + 5.00%), 9/1/25 | 2,158 | 1,823,100 | |
Vision Solutions, Inc., Term Loan, 9.863%, (SOFR + 4.25%), 4/24/28 | 3,358 | 3,232,075 | |
$ 91,195,553 | |||
Specialty Retail — 4.7% | |||
Belron Finance US, LLC, Term Loan, 7.80%, (3 mo. USD LIBOR + 2.43%), 4/13/28 | 904 | $ 905,996 | |
Boels Topholding B.V., Term Loan, 6.625%, (1 mo. EURIBOR + 3.25%), 2/6/27 | EUR | 575 | 631,976 |
Great Outdoors Group, LLC, Term Loan, 9.183%, (SOFR + 3.75%), 3/6/28 | 2,633 | 2,630,111 | |
Harbor Freight Tools USA, Inc., Term Loan, 8.183%, (SOFR + 2.75%), 10/19/27 | 3,192 | 3,168,585 | |
Hoya Midco, LLC, Term Loan, 8.619%, (SOFR + 3.25%), 2/3/29 | 933 | 929,184 | |
Les Schwab Tire Centers, Term Loan, 8.478%, (SOFR + 3.25%), 11/2/27 | 4,399 | 4,393,044 | |
LIDS Holdings, Inc., Term Loan, 10.868%, (SOFR + 5.50%), 12/14/26 | 366 | 346,430 | |
Mattress Firm, Inc., Term Loan, 9.95%, (6 mo. USD LIBOR + 4.25%), 9/25/28 | 1,830 | 1,801,927 | |
PetSmart, Inc., Term Loan, 9.169%, (SOFR + 3.75%), 2/11/28 | 2,989 | 2,991,669 | |
$ 17,798,922 |
13
Eaton Vance
Senior Floating-Rate Trust
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Trading Companies & Distributors — 3.5% | |||
DXP Enterprises, Inc., Term Loan, 10.444%, (SOFR + 5.25%), 12/23/27 | 882 | $ 886,687 | |
Electro Rent Corporation, Term Loan, 10.83%, (SOFR + 5.50%), 11/1/24 | 1,554 | 1,499,916 | |
Hillman Group, Inc. (The), Term Loan, 8.183%, (SOFR + 2.75%), 7/14/28(12) | 5 | 5,395 | |
Patagonia Bidco Limited, Term Loan, 9.427%, (SONIA + 5.25%), 11/1/28 | GBP | 1,325 | 1,407,113 |
Spin Holdco, Inc., Term Loan, 9.23%, (3 mo. USD LIBOR + 4.00%), 3/4/28 | 4,154 | 3,520,833 | |
SRS Distribution, Inc.: | |||
Term Loan, 8.919%, (SOFR + 3.50%), 6/2/28 | 320 | 315,723 | |
Term Loan, 8.933%, (SOFR + 3.50%), 6/2/28 | 2,320 | 2,294,147 | |
White Cap Buyer, LLC, Term Loan, 9.069%, (SOFR + 3.75%), 10/19/27 | 2,116 | 2,111,387 | |
Windsor Holdings III, LLC, Term Loan, 8/1/30(10) | 1,025 | 1,020,729 | |
$ 13,061,930 | |||
Transportation Infrastructure — 1.1% | |||
Brown Group Holding, LLC: | |||
Term Loan, 7.819%, (SOFR + 2.50%), 6/7/28 | 2,154 | $ 2,138,080 | |
Term Loan, 9.091%, (SOFR + 3.75%), 7/2/29(11) | 223 | 223,336 | |
KKR Apple Bidco, LLC, Term Loan, 8.183%, (SOFR + 2.75%), 9/22/28 | 1,625 | 1,614,866 | |
$ 3,976,282 | |||
Wireless Telecommunication Services — 0.4% | |||
CCI Buyer, Inc., Term Loan, 9.242%, (SOFR + 4.00%), 12/17/27 | 369 | $ 362,315 | |
Digicel International Finance Limited, Term Loan, 8.981%, (6 mo. USD LIBOR + 3.25%), 5/28/24 | 1,414 | 1,282,996 | |
$ 1,645,311 | |||
Total Senior Floating-Rate Loans (identified cost $526,608,886) | $ 508,013,487 |
Warrants — 0.0% |
Security | Shares | Value | |
Retailers (Except Food and Drug) — 0.0% | |||
David’s Bridal, LLC, Exp. 12/31/28(3)(4)(5) | 4,339 | $ 0 | |
Total Warrants (identified cost $0) | $ 0 |
Short-Term Investments — 4.0% |
Security | Shares | Value | |
Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 5.19%(13) | 15,048,621 | $ 15,048,621 | |
Total Short-Term Investments (identified cost $15,048,621) | $ 15,048,621 | ||
Total Investments — 155.4% (identified cost $613,212,513) | $ 586,744,271 | ||
Less Unfunded Loan Commitments — (0.0)%(6) | $ (74,934) | ||
Net Investments — 155.4% (identified cost $613,137,579) | $ 586,669,337 | ||
Other Assets, Less Liabilities — (35.3)% | $(133,063,956) | ||
Auction Preferred Shares Plus Cumulative Unpaid Dividends — (20.1)% | $ (76,013,595) | ||
Net Assets Applicable to Common Shares — 100.0% | $ 377,591,786 |
The percentage shown for each investment category in the Portfolio of Investments is based on net assets applicable to common shares. | |
* | In U.S. dollars unless otherwise indicated. |
(1) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At July 31, 2023, the aggregate value of these securities is $51,130,405 or 13.5% of the Trust's net assets applicable to common shares. |
(2) | Variable rate security. The stated interest rate represents the rate in effect at July 31, 2023. |
(3) | For fair value measurement disclosure purposes, security is categorized as Level 3. |
(4) | Non-income producing security. |
(5) | Security was acquired in connection with a restructuring of a Senior Loan and may be subject to restrictions on resale. |
(6) | Amount is less than 0.05% or (0.05)%, as applicable. |
(7) | Issuer is in default with respect to interest and/or principal payments or has declared bankruptcy. For a variable rate security, interest rate has been adjusted to reflect non-accrual status. |
(8) | Principal amount is less than $500. |
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Eaton Vance
Senior Floating-Rate Trust
July 31, 2023
Portfolio of Investments (Unaudited) — continued
(9) | Senior floating-rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will typically have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are redetermined periodically by reference to a base lending rate, plus a spread. These base lending rates are primarily the Secured Overnight Financing Rate (“SOFR”) (or the London Interbank Offered Rate (“LIBOR”) for those loans whose rates reset prior to the discontinuance of LIBOR on June 30, 2023) and secondarily, the prime rate offered by one or more major United States banks (the “Prime Rate”). Base lending rates may be subject to a floor, or minimum rate. Rates for SOFR are generally 1 or 3-month tenors and may also be subject to a credit spread adjustment. Senior Loans are generally subject to contractual restrictions that must be satisfied before they can be bought or sold. |
(10) | This Senior Loan will settle after July 31, 2023, at which time the interest rate will be determined. |
(11) | The stated interest rate represents the weighted average interest rate at July 31, 2023 of contracts within the senior loan facility. Interest rates on contracts are primarily redetermined either monthly or quarterly by reference to the indicated base lending rate and spread and the reset period. |
(12) | Unfunded or partially unfunded loan commitments. The Fund may enter into certain loan agreements all or a portion of which may be unfunded. The Fund is obligated to fund these commitments at the borrower's discretion. The stated interest rate reflects the weighted average of the reference rate and spread for the funded portion, if any, and the commitment fees on the portion of the loan that is unfunded. At July 31, 2023, the total value of unfunded loan commitments is $9,810. |
(13) | May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of July 31, 2023. |
Forward Foreign Currency Exchange Contracts (OTC) | |||||||
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation | Unrealized (Depreciation) | ||
USD | 9,409,833 | EUR | 8,613,275 | Standard Chartered Bank | 8/2/23 | $ — | $ (60,466) |
USD | 1,722,129 | EUR | 1,600,000 | Bank of America, N.A. | 8/31/23 | — | (39,513) |
USD | 1,721,928 | EUR | 1,600,000 | Bank of America, N.A. | 8/31/23 | — | (39,715) |
USD | 1,851,988 | EUR | 1,720,085 | Bank of America, N.A. | 8/31/23 | — | (41,870) |
USD | 596,911 | EUR | 554,037 | Standard Chartered Bank | 8/31/23 | — | (13,098) |
USD | 1,722,582 | EUR | 1,600,000 | State Street Bank and Trust Company | 8/31/23 | — | (39,061) |
USD | 1,722,042 | EUR | 1,600,000 | State Street Bank and Trust Company | 8/31/23 | — | (39,600) |
USD | 1,721,786 | EUR | 1,600,000 | State Street Bank and Trust Company | 8/31/23 | — | (39,856) |
USD | 2,977,505 | GBP | 2,409,250 | State Street Bank and Trust Company | 8/31/23 | — | (114,836) |
USD | 9,511,875 | EUR | 8,613,274 | Standard Chartered Bank | 9/5/23 | 26,159 | — |
USD | 1,705,165 | EUR | 1,555,000 | Bank of America, N.A. | 9/29/23 | — | (9,405) |
USD | 110,318 | EUR | 100,619 | Standard Chartered Bank | 9/29/23 | — | (627) |
USD | 1,705,425 | EUR | 1,555,000 | State Street Bank and Trust Company | 9/29/23 | — | (9,145) |
USD | 1,705,236 | EUR | 1,555,000 | State Street Bank and Trust Company | 9/29/23 | — | (9,334) |
USD | 1,849,203 | EUR | 1,686,282 | State Street Bank and Trust Company | 9/29/23 | — | (10,121) |
$26,159 | $(466,647) |
Abbreviations: | |
DIP | – Debtor In Possession |
EURIBOR | – Euro Interbank Offered Rate |
LIBOR | – London Interbank Offered Rate |
OTC | – Over-the-counter |
PIK | – Payment In Kind |
SOFR | – Secured Overnight Financing Rate |
SONIA | – Sterling Overnight Interbank Average |
Currency Abbreviations: | |
EUR | – Euro |
GBP | – British Pound Sterling |
USD | – United States Dollar |
At July 31, 2023, the Trust had sufficient cash and/or securities to cover commitments under open derivative contracts.
15
Eaton Vance
Senior Floating-Rate Trust
July 31, 2023
Portfolio of Investments (Unaudited) — continued
The Trust is subject to foreign exchange risk in the normal course of pursuing its investment objectives. Because the Trust holds foreign currency denominated investments, the value of these investments and related receivables and payables may change due to future changes in foreign currency exchange rates. To hedge against this risk, the Trust enters into forward foreign currency exchange contracts.
Affiliated Investments
At July 31, 2023, the value of the Trust's investment in funds that may be deemed to be affiliated was $15,048,621, which represents 4.0% of the Trust's net assets applicable to common shares. Transactions in such investments by the Trust for the fiscal year to date ended July 31, 2023 were as follows:
Name | Value, beginning of period | Purchases | Sales proceeds | Net realized gain (loss) | Change in unrealized appreciation (depreciation) | Value, end of period | Dividend income | Shares, end of period |
Short-Term Investments | ||||||||
Liquidity Fund, Institutional Class(1) | $1,352,933 | $116,059,984 | $(102,364,296) | $ — | $ — | $15,048,621 | $245,039 | 15,048,621 |
(1) | Represents investment in Morgan Stanley Institutional Liquidity Funds - Government Portfolio. |
Fair Value Measurements
Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.
• | Level 1 – quoted prices in active markets for identical investments |
• | Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.) |
• | Level 3 – significant unobservable inputs (including a fund's own assumptions in determining the fair value of investments) |
In cases where the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level disclosed is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
At July 31, 2023, the hierarchy of inputs used in valuing the Trust’s investments and open derivative instruments, which are carried at value, were as follows:
Asset Description | Level 1 | Level 2 | Level 3* | Total |
Asset-Backed Securities | $ — | $ 28,599,729 | $ — | $ 28,599,729 |
Closed-End Funds | 6,516,975 | — | — | 6,516,975 |
Common Stocks | 69,976 | 1,737,768 | 273,895 | 2,081,639 |
Convertible Preferred Stocks | — | — | 0 | 0 |
Corporate Bonds | — | 26,483,820 | — | 26,483,820 |
Senior Floating-Rate Loans (Less Unfunded Loan Commitments) | — | 507,497,114 | 441,439 | 507,938,553 |
Warrants | — | — | 0 | 0 |
Short-Term Investments | 15,048,621 | — | — | 15,048,621 |
Total Investments | $21,635,572 | $564,318,431 | $715,334 | $586,669,337 |
Forward Foreign Currency Exchange Contracts | $ — | $ 26,159 | $ — | $ 26,159 |
Total | $21,635,572 | $564,344,590 | $715,334 | $586,695,496 |
16
Eaton Vance
Senior Floating-Rate Trust
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Liability Description | Level 1 | Level 2 | Level 3 | Total |
Forward Foreign Currency Exchange Contracts | $ — | $ (466,647) | $ — | $ (466,647) |
Total | $ — | $ (466,647) | $ — | $ (466,647) |
* | None of the unobservable inputs for Level 3 assets, individually or collectively, had a material impact on the Trust. |
Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the fiscal year to date ended July 31, 2023 is not presented.
For information on the Trust’s policy regarding the valuation of investments and other significant accounting policies, please refer to the Trust’s most recent financial statements included in its semiannual or annual report to shareholders.
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