Eaton Vance Floating-Rate Income Trust (EFT) N-CSRS Certified semi-annual shareholder report (management investment company)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FormN-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act File Number: 811-21574

Eaton Vance Floating-Rate Income 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)

May 31

Date of Fiscal Year End

November 30, 2019

Date of Reporting Period

Item 1. Reports to Stockholders

Eaton Vance

Floating-Rate Income Trust (EFT)

Semiannual Report

November 30, 2019

Important Note. Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the Fund’s annual and semi-annual shareholder reports will no longer be sent by mail unless you specifically request paper copies of the reports. Instead, the reports will be made available on the Fund’s website (funds.eatonvance.com/closed-end-fund-and-term-trust-documents.php), and you will be notified by mail each time a report is posted and provided with a website address to access the report.

If you already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. If you hold shares at the Fund’s transfer agent, American Stock Transfer & Trust Company, LLC (“AST”), you may elect to receive shareholder reports and other communications from the Fund electronically by contacting AST. If you own your shares through a financial intermediary (such as a broker-dealer or bank), you must contact your financial intermediary to sign up.

You may elect to receive all future Fund shareholder reports in paper free of charge. If you hold shares at AST, you can inform AST that you wish to continue receiving paper copies of your shareholder reports by calling 1-866-439-6787. If you own these shares through a financial intermediary, you must contact your financial intermediary or follow instructions included with this disclosure, if applicable, to elect to continue to receive paper copies of your shareholder reports. Your election to receive reports in paper will apply to all funds held with AST or to all funds held through your financial intermediary, as applicable.

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.

Semiannual ReportNovember 30, 2019

Eaton Vance

Floating-Rate Income Trust

Table of Contents

Performance	2
Fund Profile	3
Endnotes and Additional Disclosures	4
Financial Statements	5
Officers and Trustees	45
Important Notices	46

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Performance^1,2

Portfolio Managers Ralph H. Hinckley, CFA, Andrew N. Sveen, CFA, Catherine C. McDermott, William E. Holt, CFA and Daniel P. McElaney, CFA

% Average Annual Total Returns	Inception Date		Six Months			One Year			Five Years			Ten Years
Fund at NAV		06/29/2004		1.21	%		3.95	%		5.31	%		7.26	%
Fund at Market Price		—		2.06			6.20			5.00			6.73
S&P/LSTA Leveraged Loan Index		—		1.37	%		4.21	%		3.85	%		5.14	%
% Premium/Discount to NAV3
													–10.63	%
Distributions4
Total Distributions per share for the period												$	0.472
Distribution Rate at NAV													6.78	%
Distribution Rate at Market Price													7.59
% Total Leverage5
Borrowings													26.31	%
Variable Rate Term Preferred Shares (VRTP Shares)													8.77

See Endnotes and Additional Disclosures in this report.

Past performance is no guarantee of future results. Returns are historical and are calculated net of management fees and other expenses by determining the percentage change in net asset value (NAV) or market price (as applicable) with all distributions reinvested in accordance with the Fund’s Dividend Reinvestment Plan. Performance at market price will differ from performance at NAV due to variations in the Fund’s market price versus NAV, which may reflect factors such as fluctuations in supply and demand for Fund shares, changes in Fund distributions, shifting market expectations for the Fund’s future returns and distribution rates, and other considerations affecting the trading prices of closed-end funds. Investment return and principal value will fluctuate so that shares, when sold, may be worth more or less than their original cost. Performance for periods 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

Floating-Rate Income Trust

November 30, 2019

Fund Profile

Top 10 Issuers (% of total investments)⁶

Reynolds Group Holdings, Inc.	1.3	%
TransDigm, Inc.	1.3
Bausch Health Cos, Inc.	1.2
Asurion, LLC	1.2
Hyland Software, Inc.	1.0
Calpine Corporation	0.8
Infor (US), Inc.	0.8
Hub International Limited	0.8
Jaguar Holding Company II	0.8
MA FinanceCo., LLC	0.7
Total	9.9	%

Top 10 Sectors (% of total investments)⁶

Electronics/Electrical	12.1	%
Health Care	8.4
Business Equipment and Services	7.9
Drugs	4.5
Telecommunications	4.3
Chemicals and Plastics	4.3
Leisure Goods/Activities/Movies	4.3
Oil and Gas	4.0
Insurance	4.0
Lodging and Casinos	3.6
Total	57.4	%

Credit Quality (% of bonds, loans and asset-backed securities)⁷

See Endnotes and Additional Disclosures in this report.

3

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Endnotes and Additional Disclosures

¹  S&P/LSTA Leveraged Loan Index is an unmanaged index of the institutional leveraged loan market. S&P/LSTA Leveraged Loan indices are a product of S&P Dow Jones Indices LLC (“S&P DJI”) and have been licensed for use. S&P^® is a registered trademark of S&P DJI; Dow Jones^® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); LSTA is a trademark of Loan Syndications and Trading Association, Inc. S&P DJI, Dow Jones, their respective affiliates and their third party licensors do not sponsor, endorse, sell or promote the Fund, will not have any liability with respect thereto and do not have any liability for any errors, omissions, or interruptions of the S&P Dow Jones Indices. 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.

²  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.

³  The shares of the Fund often trade at a discount or premium to their net asset value. The discount or premium may vary over time and may be higher or lower than what is quoted in this report. Forup-to-date premium/discount information, please refer tohttps://funds.eatonvance.com/closed-end-fund-prices.php.

⁴  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 andnon-qualified ordinary dividends, capital gains and nondividend distributions, also known as return of capital. For additional information about nondividend distributions, please refer to Eaton VanceClosed-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 form1099-DIV and provided to the shareholder shortly after eachyear-end. For information about the tax character of distributions made in prior calendar years, please refer toPerformance-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.

⁵  Leverage represents the liquidation value of the Fund’s VRTP Shares and borrowings outstanding as a percentage of Fund net assets applicable to common shares plus VRTP Shares 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.

⁶  Excludes cash and cash equivalents.

⁷  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.

Fund profile subject to change due to active management.

Important Notice to Shareholders

Effective November 1, 2019, the Fund is managed by Ralph H. Hinckley, Andrew N. Sveen, Catherine C. McDermott, William E. Holt and Daniel P. McElaney.

4

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited)

Senior Floating-Rate Loans — 133.6%(1)
Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Aerospace and Defense — 2.4%
Dynasty Acquisition Co., Inc.
Term Loan, 6.10%, (3 mo. USD LIBOR + 4.00%), Maturing April 6, 2026			537	$	539,333
IAP Worldwide Services, Inc.
Revolving Loan, 1.44%, (3 mo. USD LIBOR + 5.50%), Maturing July 19, 2021(2)			325		314,609
Term Loan - Second Lien, 8.60%, (3 mo. USD LIBOR + 6.50%), Maturing July 18, 2020(3)			426		338,899
TransDigm, Inc.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing June 9, 2023			6,841		6,853,978
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing August 22, 2024			2,834		2,836,160
Wesco Aircraft Hardware Corp.
Term Loan, 4.21%, (1 mo. USD LIBOR + 2.50%), Maturing November 30, 2020			914		914,892
WP CPP Holdings, LLC
Term Loan, 5.68%, (USD LIBOR + 3.75%), Maturing April 30, 2025(4)			2,326		2,308,084
				$	14,105,955
Automotive — 3.4%
Adient US, LLC
Term Loan, 6.11%, (USD LIBOR + 4.25%), Maturing May 6, 2024(4)			1,521	$	1,523,089
American Axle and Manufacturing, Inc.
Term Loan, 4.01%, (USD LIBOR + 2.25%), Maturing April 6, 2024(4)			2,719		2,676,865
Autokiniton US Holdings, Inc.
Term Loan, 8.08%, (1 mo. USD LIBOR + 6.38%), Maturing May 22, 2025			864		829,500
Bright Bidco B.V.
Term Loan, 5.47%, (USD LIBOR + 3.50%), Maturing June 30, 2024(4)			1,663		796,286
Chassix, Inc.
Term Loan, 7.44%, (USD LIBOR + 5.50%), Maturing November 15, 2023(4)			1,474		1,366,903
Dayco Products, LLC
Term Loan, 6.16%, (3 mo. USD LIBOR + 4.25%), Maturing May 19, 2023			1,097		970,734
Garrett LX III S.a.r.l.
Term Loan, 2.75%, (3 mo. EURIBOR + 2.75%), Maturing September 27, 2025	EUR		475		520,037
Term Loan, 4.60%, (3 mo. USD LIBOR + 2.50%), Maturing September 27, 2025			272		267,940

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Automotive (continued)
IAA, Inc.
Term Loan, 4.00%, (1 mo. USD LIBOR + 2.25%), Maturing June 28, 2026			608	$	611,611
Panther BF Aggregator 2 L.P.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing April 30, 2026			3,800		3,796,436
Tenneco, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing October 1, 2025			3,796		3,639,715
Thor Industries, Inc.
Term Loan, 5.56%, (1 mo. USD LIBOR + 3.75%), Maturing February 1, 2026			1,161		1,155,800
TI Group Automotive Systems, LLC
Term Loan, 3.50%, (3 mo. EURIBOR + 2.75%, Floor 0.75%), Maturing June 30, 2022	EUR		864		949,886
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing June 30, 2022			990		986,647
				$	20,091,449
Beverage and Tobacco — 0.7%
Arterra Wines Canada, Inc.
Term Loan, 4.91%, (3 mo. USD LIBOR + 2.75%), Maturing December 15, 2023			2,703	$	2,695,702
Flavors Holdings, Inc.
Term Loan, 7.85%, (3 mo. USD LIBOR + 5.75%), Maturing April 3, 2020			1,116		987,223
Term Loan - Second Lien, 12.10%, (3 mo. USD LIBOR + 10.00%), Maturing October 3, 2021			1,000		775,000
				$	4,457,925
Brokerage / Securities Dealers / Investment Houses — 0.1%
OZ Management L.P.
Term Loan, 6.56%, (1 mo. USD LIBOR + 4.75%), Maturing April 10, 2023			126	$	126,157
Resolute Investment Managers, Inc.
Term Loan - Second Lien, 9.43%, (3 mo. USD LIBOR + 7.50%), Maturing April 30, 2023			600		598,500
				$	724,657
Building and Development — 4.3%
Advanced Drainage Systems, Inc.
Term Loan, 4.00%, (1 mo. USD LIBOR + 2.25%), Maturing July 31, 2026			325	$	326,219
American Builders & Contractors Supply Co., Inc.
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing January 15, 2027			2,525		2,524,803

5 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Borrower/Tranche Description	Principal Amount* (000’s omitted)		Value
Building and Development (continued)
APi Group DE, Inc.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing October 1, 2026		1,550	$	1,560,414
Beacon Roofing Supply, Inc.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing January 2, 2025		616		612,057
Brookfield Property REIT, Inc.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing August 27, 2025		1,015		1,002,882
Core & Main L.P.
Term Loan, 4.67%, (USD LIBOR + 2.75%), Maturing August 1, 2024(4)		1,182		1,169,781
CPG International, Inc.
Term Loan, 5.93%, (6 mo. USD LIBOR + 3.75%), Maturing May 5, 2024		1,994		1,973,120
DTZ U.S. Borrower, LLC
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing August 21, 2025		5,891		5,918,998
Henry Company, LLC
Term Loan, 5.70%, (1 mo. USD LIBOR + 4.00%), Maturing October 5, 2023		439		438,881
NCI Building Systems, Inc.
Term Loan, 5.51%, (1 mo. USD LIBOR + 3.75%), Maturing April 12, 2025		817		809,063
Quikrete Holdings, Inc.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing November 15, 2023		2,788		2,790,784
RE/MAX International, Inc.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing December 15, 2023		2,059		2,060,045
Realogy Group, LLC
Term Loan, 3.96%, (1 mo. USD LIBOR + 2.25%), Maturing February 8, 2025		897		867,755
Summit Materials Companies I, LLC
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing November 21, 2024		663		666,089
Werner FinCo L.P.
Term Loan, 5.70%, (1 mo. USD LIBOR + 4.00%), Maturing July 24, 2024		1,128		1,102,363
WireCo WorldGroup, Inc.
Term Loan, 6.70%, (1 mo. USD LIBOR + 5.00%), Maturing September 30, 2023		631		600,288
Term Loan - Second Lien, 10.70%, (1 mo. USD LIBOR + 9.00%), Maturing September 30, 2024		1,300		1,209,000
			$	25,632,542

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Business Equipment and Services — 11.7%
Acosta Holdco, Inc.
Term Loan, 7.00%, (USD Prime + 2.25%), Maturing September 26, 2021(6)			2,291	$	428,183
Adtalem Global Education, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing April 11, 2025			420		420,343
AlixPartners, LLP
Term Loan, 3.25%, (3 mo. EURIBOR + 3.25%), Maturing April 4, 2024	EUR		796		881,777
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing April 4, 2024			2,392		2,405,653
Allied Universal Holdco, LLC
Term Loan, 4.25%, Maturing July 10, 2026(2)			239		238,341
Term Loan, 6.51%, (6 mo. USD LIBOR + 4.25%), Maturing July 10, 2026			2,411		2,407,242
Altran Technologies S.A.
Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing March 20, 2025	EUR		1,541		1,707,547
AppLovin Corporation
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing August 15, 2025			3,875		3,889,710
Belfor Holdings, Inc.
Term Loan, 5.79%, (1 mo. USD LIBOR + 4.00%), Maturing April 6, 2026			574		577,147
BidFair MergeRight, Inc.
Term Loan, 7.27%, (1 mo. USD LIBOR + 5.50%), Maturing January 15, 2027			675		659,812
Bracket Intermediate Holding Corp.
Term Loan, 6.35%, (3 mo. USD LIBOR + 4.25%), Maturing September 5, 2025			941		927,568
Brand Energy & Infrastructure Services, Inc.
Term Loan, 6.24%, (3 mo. USD LIBOR + 4.25%), Maturing June 21, 2024			562		552,051
Camelot U.S. Acquisition 1 Co.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing October 31, 2026			1,575		1,581,645
Ceridian HCM Holding, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing April 30, 2025			1,559		1,565,584
CM Acquisition Co.
Term Loan, 12.10%, (3 mo. USD LIBOR + 10.00%), Maturing July 26, 2023			279		270,727
Cypress Intermediate Holdings III, Inc.
Term Loan, 4.46%, (1 mo. USD LIBOR + 2.75%), Maturing April 29, 2024			2,556		2,545,696
Deerfield Dakota Holding, LLC
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing February 13, 2025			1,642		1,623,968

6 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Borrower/Tranche Description	Principal Amount* (000’s omitted)		Value
Business Equipment and Services (continued)
EAB Global, Inc.
Term Loan, 5.74%, (USD LIBOR + 3.75%), Maturing November 15, 2024(4)		1,379	$	1,358,315
EIG Investors Corp.
Term Loan, 5.67%, (3 mo. USD LIBOR + 3.75%), Maturing February 9, 2023		4,283		4,042,367
Element Materials Technology Group US Holdings, Inc.
Term Loan, 5.60%, (3 mo. USD LIBOR + 3.50%), Maturing June 28, 2024		418		418,293
Garda World Security Corporation
Term Loan, 6.66%, (3 mo. USD LIBOR + 4.75%), Maturing October 30, 2026		2,075		2,073,253
IG Investment Holdings, LLC
Term Loan, 5.70%, (1 mo. USD LIBOR + 4.00%), Maturing May 23, 2025		2,622		2,588,908
IRI Holdings, Inc.
Term Loan, 6.20%, (1 mo. USD LIBOR + 4.50%), Maturing December 1, 2025		2,233		2,126,120
Iron Mountain, Inc.
Term Loan, 3.45%, (1 mo. USD LIBOR + 1.75%), Maturing January 2, 2026		911		902,773
J.D. Power and Associates
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing September 7, 2023		3,405		3,409,005
KAR Auction Services, Inc.
Term Loan, 4.00%, (1 mo. USD LIBOR + 2.25%), Maturing September 19, 2026		675		679,641
Kronos Incorporated
Term Loan, 4.91%, (3 mo. USD LIBOR + 3.00%), Maturing November 1, 2023		6,300		6,305,815
KUEHG Corp.
Term Loan, 5.85%, (3 mo. USD LIBOR + 3.75%), Maturing February 21, 2025		2,747		2,729,388
Term Loan - Second Lien, 10.35%, (3 mo. USD LIBOR + 8.25%), Maturing August 18, 2025		425		425,000
Monitronics International, Inc.
Term Loan, 8.60%, (3 mo. USD LIBOR + 6.50%), Maturing March 29, 2024		1,607		1,406,182
PGX Holdings, Inc.
Term Loan, 6.96%, (1 mo. USD LIBOR + 5.25%), Maturing September 29, 2020		1,320		1,003,154
Pike Corporation
Term Loan, 4.96%, (1 mo. USD LIBOR + 3.25%), Maturing July 24, 2026		538		539,838
Ping Identity Corporation
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing January 24, 2025		76		76,360

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Business Equipment and Services (continued)
Pre-Paid Legal Services, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing May 1, 2025			516	$	513,963
Prime Security Services Borrower, LLC
Term Loan, 5.03%, (1 mo. USD LIBOR + 3.25%), Maturing September 23, 2026			2,410		2,386,417
Prometric Holdings, Inc.
Term Loan, 4.71%, (1 mo. USD LIBOR + 3.00%), Maturing January 29, 2025			320		315,739
Red Ventures, LLC
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing November 8, 2024			1,501		1,502,302
Sabre GLBL, Inc.
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing February 22, 2024			1,032		1,036,410
SMG US Midco 2, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing January 23, 2025			246		246,635
Spin Holdco, Inc.
Term Loan, 5.25%, (3 mo. USD LIBOR + 3.25%), Maturing November 14, 2022			3,788		3,704,046
Techem Verwaltungsgesellschaft 675 mbH
Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), Maturing July 31, 2025	EUR		1,602		1,776,170
Tempo Acquisition, LLC
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing May 1, 2024			1,911		1,913,187
Vestcom Parent Holdings, Inc.
Term Loan, 5.70%, (1 mo. USD LIBOR + 4.00%), Maturing December 19, 2023			554		521,092
WASH Multifamily Laundry Systems, LLC
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing May 14, 2022			265		258,190
West Corporation
Term Loan, 5.43%, (USD LIBOR + 3.50%), Maturing October 10, 2024(4)			346		273,562
Term Loan, 5.93%, (USD LIBOR + 4.00%), Maturing October 10, 2024(4)			1,154		944,714
Zephyr Bidco Limited
Term Loan, 5.21%, (1 mo. GBP LIBOR + 4.50%), Maturing July 23, 2025	GBP		775		979,543
				$	69,139,376
Cable and Satellite Television — 4.8%
Altice France S.A.
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.69%), Maturing January 31, 2026			790	$	782,601

7 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Cable and Satellite Television (continued)
Altice France S.A. (continued)
Term Loan, 5.77%, (1 mo. USD LIBOR + 4.00%), Maturing August 14, 2026			1,249	$	1,242,450
CSC Holdings, LLC
Term Loan, 4.02%, (1 mo. USD LIBOR + 2.25%), Maturing July 17, 2025			3,724		3,722,960
Term Loan, 4.02%, (1 mo. USD LIBOR + 2.25%), Maturing January 15, 2026			1,092		1,090,931
Term Loan, 4.33%, (2 mo. USD LIBOR + 2.50%), Maturing April 15, 2027			1,358		1,362,327
Numericable Group S.A.
Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing July 31, 2025	EUR		488		532,305
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing July 31, 2025			1,974		1,928,224
Radiate Holdco, LLC
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing February 1, 2024			2,033		2,021,777
Telenet Financing USD, LLC
Term Loan, 4.02%, (1 mo. USD LIBOR + 2.25%), Maturing August 15, 2026			3,100		3,104,650
Virgin Media Bristol, LLC
Term Loan, 4.27%, (1 mo. USD LIBOR + 2.50%), Maturing January 31, 2028			4,625		4,630,462
Virgin Media SFA Finance Limited
Term Loan, 2.50%, (6 mo. EURIBOR + 2.50%), Maturing January 31, 2029	EUR		1,325		1,462,033
Ziggo B.V.
Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing January 31, 2029	EUR		2,425		2,663,109
Ziggo Secured Finance Partnership
Term Loan, 4.27%, (1 mo. USD LIBOR + 2.50%), Maturing April 15, 2025			3,825		3,823,619
				$	28,367,448
Chemicals and Plastics — 6.6%
Alpha 3 B.V.
Term Loan, 5.10%, (3 mo. USD LIBOR + 3.00%), Maturing January 31, 2024			1,333	$	1,316,873
Aruba Investments, Inc.
Term Loan, 5.35%, (3 mo. USD LIBOR + 3.25%), Maturing February 2, 2022			983		980,417
Axalta Coating Systems US Holdings, Inc.
Term Loan, 3.85%, (3 mo. USD LIBOR + 1.75%), Maturing June 1, 2024			2,672		2,676,646
Chemours Company (The)
Term Loan, 2.50%, (3 mo. EURIBOR + 2.00%, Floor 0.50%), Maturing April 3, 2025	EUR		638		685,785

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Chemicals and Plastics (continued)
Emerald Performance Materials, LLC
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing August 1, 2021			542	$	525,693
Ferro Corporation
Term Loan, 4.35%, (3 mo. USD LIBOR + 2.25%), Maturing February 14, 2024			353		351,954
Term Loan, 4.35%, (3 mo. USD LIBOR + 2.25%), Maturing February 14, 2024			361		359,605
Term Loan, 4.35%, (3 mo. USD LIBOR + 2.25%), Maturing February 14, 2024			439		437,240
Flint Group GmbH
Term Loan, 4.94%, (3 mo. USD LIBOR + 3.00%), Maturing September 7, 2021			158		129,189
Flint Group US, LLC
Term Loan, 4.94%, (3 mo. USD LIBOR + 3.00%), Maturing September 7, 2021			958		781,485
Gemini HDPE, LLC
Term Loan, 4.43%, (3 mo. USD LIBOR + 2.50%), Maturing August 7, 2024			2,244		2,244,062
H.B. Fuller Company
Term Loan, 3.72%, (1 mo. USD LIBOR + 2.00%), Maturing October 20, 2024			1,695		1,698,767
Hexion, Inc.
Term Loan, 4.00%, (3 mo. EURIBOR + 4.00%), Maturing July 1, 2026	EUR		1,600		1,759,048
Term Loan, 5.60%, (3 mo. USD LIBOR + 3.50%), Maturing July 1, 2026			773		775,942
INEOS Enterprises Holdings Limited
Term Loan, 4.00%, (3 mo. EURIBOR + 4.00%), Maturing August 28, 2026	EUR		200		221,717
INEOS Enterprises Holdings US Finco, LLC
Term Loan, 5.91%, (3 mo. USD LIBOR + 4.00%), Maturing August 31, 2026			275		275,458
INEOS Finance PLC
Term Loan, 2.50%, (1 mo. EURIBOR + 2.00%, Floor 0.50%), Maturing March 31, 2024	EUR		3,218		3,531,949
Kraton Polymers, LLC
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing March 5, 2025			883		881,868
Messer Industries GmbH
Term Loan, 4.60%, (3 mo. USD LIBOR + 2.50%), Maturing March 1, 2026			1,542		1,547,070
Minerals Technologies, Inc.
Term Loan, 4.03%, (USD LIBOR + 2.25%), Maturing February 14, 2024(4)			928		932,588
Momentive Performance Materials, Inc.
Term Loan, 4.96%, (1 mo. USD LIBOR + 3.25%), Maturing May 15, 2024			474		468,630

8 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Chemicals and Plastics (continued)
Orion Engineered Carbons GmbH
Term Loan, 2.25%, (3 mo. EURIBOR + 2.25%), Maturing July 25, 2024	EUR		818	$	906,144
Term Loan, 4.10%, (3 mo. USD LIBOR + 2.00%), Maturing July 25, 2024			1,142		1,133,698
PMHC II, Inc.
Term Loan, 5.60%, (3 mo. USD LIBOR + 3.50%), Maturing March 31, 2025			1,694		1,431,430
PQ Corporation
Term Loan, 4.43%, (3 mo. USD LIBOR + 2.50%), Maturing February 8, 2025			2,435		2,443,582
Pregis TopCo Corporation
Term Loan, 5.70%, (1 mo. USD LIBOR + 4.00%), Maturing July 31, 2026			675		662,344
Spectrum Holdings III Corp.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing January 31, 2025			359		317,308
Starfruit Finco B.V.
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), Maturing October 1, 2025	EUR		475		526,672
Term Loan, 5.01%, (1 mo. USD LIBOR + 3.25%), Maturing October 1, 2025			2,957		2,935,250
Tronox Finance, LLC
Term Loan, 4.61%, (USD LIBOR + 2.75%), Maturing September 23, 2024(4)			3,301		3,295,215
Univar, Inc.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing July 1, 2024			2,222		2,229,648
Venator Materials Corporation
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing August 8, 2024			417		414,938
				$	38,878,215
Conglomerates — 0.3%
Kronos Acquisition Holdings, Inc.
Term Loan, 8.70%, (1 mo. USD LIBOR + 7.00%), Maturing May 15, 2023			1,493	$	1,485,037
Penn Engineering & Manufacturing Corp.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing June 27, 2024			244		243,253
				$	1,728,290
Containers and Glass Products — 3.4%
Berlin Packaging, LLC
Term Loan, 4.78%, (USD LIBOR + 3.00%), Maturing November 7, 2025(4)			272	$	266,768

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Containers and Glass Products (continued)
Berry Global, Inc.
Term Loan, 3.76%, (1 mo. USD LIBOR + 2.00%), Maturing October 1, 2022			873	$	877,219
Term Loan, 2.50%, (1 mo. EURIBOR + 2.50%), Maturing July 1, 2026	EUR		324		359,964
Term Loan, 4.26%, (1 mo. USD LIBOR + 2.50%), Maturing July 1, 2026			1,022		1,028,259
BWAY Holding Company
Term Loan, 5.23%, (3 mo. USD LIBOR + 3.25%), Maturing April 3, 2024			2,528		2,481,926
Consolidated Container Company, LLC
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing May 22, 2024			417		413,395
Flex Acquisition Company, Inc.
Term Loan, 5.09%, (USD LIBOR + 3.00%), Maturing December 29, 2023(4)			3,111		3,021,702
Term Loan, 5.35%, (3 mo. USD LIBOR + 3.25%), Maturing June 29, 2025			1,517		1,475,942
Libbey Glass, Inc.
Term Loan, 4.76%, (1 mo. USD LIBOR + 3.00%), Maturing April 9, 2021			1,098		847,405
Pelican Products, Inc.
Term Loan, 5.27%, (1 mo. USD LIBOR + 3.50%), Maturing May 1, 2025			642		588,920
Reynolds Group Holdings, Inc.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing February 5, 2023			5,712		5,730,532
Ring Container Technologies Group, LLC
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing October 31, 2024			901		900,427
Trident TPI Holdings, Inc.
Term Loan, 3.25%, (3 mo. EURIBOR + 3.25%), Maturing October 17, 2024	EUR		1,351		1,426,935
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing October 17, 2024			763		723,783
				$	20,143,177
Cosmetics / Toiletries — 0.3%
KIK Custom Products, Inc.
Term Loan, 5.70%, (1 mo. USD LIBOR + 4.00%), Maturing May 15, 2023			2,019	$	1,948,626
				$	1,948,626
Drugs — 6.1%
Akorn, Inc.
Term Loan, 8.75%, (8.00% cash (1 mo. USD LIBOR + 6.25%), 0.75% PIK), Maturing April 16, 2021			1,990	$	1,902,229

9 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Drugs (continued)
Albany Molecular Research, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing August 30, 2024			833	$	824,930
Term Loan - Second Lien, 8.70%, (1 mo. USD LIBOR + 7.00%), Maturing August 30, 2025			500		498,594
Alkermes, Inc.
Term Loan, 4.02%, (1 mo. USD LIBOR + 2.25%), Maturing March 23, 2023			398		396,399
Amneal Pharmaceuticals, LLC
Term Loan, 5.25%, (1 mo. USD LIBOR + 3.50%), Maturing May 4, 2025			3,752		2,920,011
Arbor Pharmaceuticals, Inc.
Term Loan, 7.10%, (3 mo. USD LIBOR + 5.00%), Maturing July 5, 2023			2,320		1,972,064
Bausch Health Cos., Inc.
Term Loan, 4.77%, (1 mo. USD LIBOR + 3.00%), Maturing June 2, 2025			5,899		5,932,147
Catalent Pharma Solutions, Inc.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing May 18, 2026			871		874,064
Endo Luxembourg Finance Company I S.a.r.l.
Term Loan, 6.00%, (1 mo. USD LIBOR + 4.25%), Maturing April 29, 2024			6,569		6,031,100
Horizon Pharma, Inc.
Term Loan, 4.31%, (1 mo. USD LIBOR + 2.50%), Maturing May 22, 2026			2,196		2,207,671
Jaguar Holding Company II
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing August 18, 2022			6,964		6,980,811
Mallinckrodt International Finance S.A.
Term Loan, 4.85%, (3 mo. USD LIBOR + 2.75%), Maturing September 24, 2024			2,940		2,302,887
Term Loan, 4.91%, (3 mo. USD LIBOR + 3.00%), Maturing February 24, 2025			3,315		2,585,981
Nidda Healthcare Holding AG
Term Loan, Maturing August 21, 2024(5)	EUR		625		689,681
				$	36,118,569
Ecological Services and Equipment — 1.3%
Advanced Disposal Services, Inc.
Term Loan, 3.85%, (1 week USD LIBOR + 2.25%), Maturing November 10, 2023			2,156	$	2,163,163
EnergySolutions, LLC
Term Loan, 5.85%, (3 mo. USD LIBOR + 3.75%), Maturing May 9, 2025			1,980		1,866,361
GFL Environmental, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing May 30, 2025			2,568		2,544,455

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Ecological Services and Equipment (continued)
Patriot Container Corp.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing March 20, 2025			148	$	146,550
Terrapure Environmental Ltd.
Term Loan, Maturing November 25, 2026(5)			450		449,437
US Ecology, Inc.
Term Loan, Maturing August 14, 2026(5)			275		277,320
				$	7,447,286
Electronics / Electrical — 18.5%
Almonde, Inc.
Term Loan, 5.70%, (6 mo. USD LIBOR + 3.50%), Maturing June 13, 2024			3,755	$	3,678,294
Applied Systems, Inc.
Term Loan, 5.35%, (3 mo. USD LIBOR + 3.25%), Maturing September 19, 2024			3,044		3,035,736
Term Loan - Second Lien, 9.10%, (3 mo. USD LIBOR + 7.00%), Maturing September 19, 2025			2,200		2,240,333
Aptean, Inc.
Term Loan, 6.35%, (3 mo. USD LIBOR + 4.25%), Maturing April 23, 2026			547		543,830
Term Loan - Second Lien, 10.60%, (3 mo. USD LIBOR + 8.50%), Maturing April 23, 2027			1,525		1,509,750
Avast Software B.V.
Term Loan, 4.35%, (3 mo. USD LIBOR + 2.25%), Maturing September 29, 2023			590		594,402
Banff Merger Sub, Inc.
Term Loan, 4.75%, (3 mo. EURIBOR + 4.75%), Maturing October 2, 2025	EUR		298		327,785
Term Loan, 5.95%, (1 mo. USD LIBOR + 4.25%), Maturing October 2, 2025			3,424		3,297,860
Barracuda Networks, Inc.
Term Loan, 5.16%, (3 mo. USD LIBOR + 3.25%), Maturing February 12, 2025			2,518		2,527,117
Canyon Valor Companies, Inc.
Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing June 16, 2023	EUR		490		542,083
Term Loan, 4.85%, (3 mo. USD LIBOR + 2.75%), Maturing June 16, 2023			1,586		1,588,290
Carbonite, Inc.
Term Loan, 5.68%, (3 mo. USD LIBOR + 3.75%), Maturing March 26, 2026			760		761,680
CDW, LLC
Term Loan, 3.46%, (1 mo. USD LIBOR + 1.75%), Maturing October 13, 2026			1,350		1,358,157
Celestica, Inc.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing June 27, 2025			372		369,512

10 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Borrower/Tranche Description	Principal Amount* (000’s omitted)		Value
Electronics / Electrical (continued)
Cohu, Inc.
Term Loan, 5.20%, (6 mo. USD LIBOR + 3.00%), Maturing October 1, 2025		817	$	794,289
CommScope, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing April 6, 2026		1,850		1,840,750
CPI International, Inc.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing July 26, 2024		711		674,975
Datto, Inc.
Term Loan, 5.95%, (1 mo. USD LIBOR + 4.25%), Maturing April 2, 2026		374		377,803
ECI Macola/Max Holding, LLC
Term Loan, 6.35%, (3 mo. USD LIBOR + 4.25%), Maturing September 27, 2024		836		832,789
Electro Rent Corporation
Term Loan, 6.94%, (USD LIBOR + 5.00%), Maturing January 31, 2024(4)		1,337		1,344,709
Energizer Holdings, Inc.
Term Loan, 4.06%, (1 mo. USD LIBOR + 2.25%), Maturing December 17, 2025		552		554,411
Epicor Software Corporation
Term Loan, 4.96%, (1 mo. USD LIBOR + 3.25%), Maturing June 1, 2022		4,568		4,575,583
EXC Holdings III Corp.
Term Loan, 5.60%, (3 mo. USD LIBOR + 3.50%), Maturing December 2, 2024		516		499,693
Financial & Risk US Holdings, Inc.
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing October 1, 2025		1,216		1,224,298
Flexera Software, LLC
Term Loan, 5.21%, (1 mo. USD LIBOR + 3.50%), Maturing February 26, 2025		271		271,811
GlobalLogic Holdings, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing August 1, 2025		455		456,676
Hyland Software, Inc.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing July 1, 2024		4,533		4,551,790
Term Loan - Second Lien, 8.70%, (1 mo. USD LIBOR + 7.00%), Maturing July 7, 2025		4,325		4,389,875
Infoblox, Inc.
Term Loan, 6.20%, (1 mo. USD LIBOR + 4.50%), Maturing November 7, 2023		2,051		2,054,683
Infor (US), Inc.
Term Loan, 4.85%, (3 mo. USD LIBOR + 2.75%), Maturing February 1, 2022		7,095		7,116,444

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Electronics / Electrical (continued)
Informatica, LLC
Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), Maturing August 5, 2022	EUR		344	$	381,748
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing August 5, 2022			4,571		4,583,610
MA FinanceCo., LLC
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing November 19, 2021			2,843		2,840,899
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing June 21, 2024			506		503,636
MACOM Technology Solutions Holdings, Inc.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing May 17, 2024			1,277		1,164,472
Microchip Technology Incorporated
Term Loan, 3.71%, (1 mo. USD LIBOR + 2.00%), Maturing May 29, 2025			1,595		1,599,711
Mirion Technologies, Inc.
Term Loan, 6.10%, (3 mo. USD LIBOR + 4.00%), Maturing March 6, 2026			448		450,114
MKS Instruments, Inc.
Term Loan, 3.45%, (1 mo. USD LIBOR + 1.75%), Maturing February 2, 2026			353		354,417
MTS Systems Corporation
Term Loan, 4.96%, (1 mo. USD LIBOR + 3.25%), Maturing July 5, 2023			538		538,076
NCR Corporation
Term Loan, 4.21%, (1 mo. USD LIBOR + 2.50%), Maturing August 28, 2026			975		982,307
Renaissance Holding Corp.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing May 30, 2025			1,284		1,262,354
Term Loan - Second Lien, 8.70%, (1 mo. USD LIBOR + 7.00%), Maturing May 29, 2026			200		185,500
Seattle Spinco, Inc.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing June 21, 2024			3,415		3,401,181
SGS Cayman L.P.
Term Loan, 7.48%, (3 mo. USD LIBOR + 5.38%), Maturing April 23, 2021			397		391,787
SkillSoft Corporation
Term Loan, 6.95%, (3 mo. USD LIBOR + 4.75%), Maturing April 28, 2021			4,994		3,870,316
SolarWinds Holdings, Inc.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing February 5, 2024			3,446		3,462,039
Solera, LLC
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing March 3, 2023			2,365		2,333,750

11 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Borrower/Tranche Description	Principal Amount* (000’s omitted)		Value
Electronics / Electrical (continued)
Sparta Systems, Inc.
Term Loan, Maturing August 21, 2024(5)		1,322	$	1,117,090
SS&C Technologies Holdings Europe S.a.r.l.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing April 16, 2025		1,221		1,229,352
SS&C Technologies, Inc.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing April 16, 2025		1,876		1,888,479
SurveyMonkey, Inc.
Term Loan, 5.34%, (1 week USD LIBOR + 3.75%), Maturing October 10, 2025		1,053		1,055,332
Sutherland Global Services, Inc.
Term Loan, 7.48%, (3 mo. USD LIBOR + 5.38%), Maturing April 23, 2021		1,704		1,683,097
Switch, Ltd.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing June 27, 2024		269		269,989
Tibco Software, Inc.
Term Loan, 5.78%, (1 mo. USD LIBOR + 4.00%), Maturing June 30, 2026		1,261		1,265,512
TriTech Software Systems
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing August 29, 2025		918		853,798
TTM Technologies, Inc.
Term Loan, 4.28%, (1 mo. USD LIBOR + 2.50%), Maturing September 28, 2024		297		298,071
Uber Technologies
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing July 13, 2023		4,272		4,191,553
Term Loan, 5.76%, (1 mo. USD LIBOR + 4.00%), Maturing April 4, 2025		2,595		2,526,553
Ultimate Software Group, Inc. (The)
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing May 4, 2026		1,775		1,785,650
Ultra Clean Holdings, Inc.
Term Loan, 6.20%, (1 mo. USD LIBOR + 4.50%), Maturing August 27, 2025		858		858,393
Verifone Systems, Inc.
Term Loan, 5.90%, (3 mo. USD LIBOR + 4.00%), Maturing August 20, 2025		1,264		1,222,945
Veritas Bermuda, Ltd.
Term Loan, 6.27%, (USD LIBOR + 4.50%), Maturing January 27, 2023(4)		2,397		2,245,996
Vero Parent, Inc.
Term Loan, 6.41%, (3 mo. USD LIBOR + 4.50%), Maturing August 16, 2024		2,573		2,401,244

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Electronics / Electrical (continued)
Vungle, Inc.
Term Loan, 7.20%, (1 mo. USD LIBOR + 5.50%), Maturing September 30, 2026			725	$	714,125
Western Digital Corporation
Term Loan, 3.45%, (1 mo. USD LIBOR + 1.75%), Maturing April 29, 2023			1,503		1,504,348
				$	109,352,852
Equipment Leasing — 0.1%
IBC Capital Limited
Term Loan, 5.90%, (3 mo. USD LIBOR + 3.75%), Maturing September 11, 2023			616	$	612,162
				$	612,162
Financial Intermediaries — 4.6%
Apollo Commercial Real Estate Finance, Inc.
Term Loan, 4.52%, (1 mo. USD LIBOR + 2.75%), Maturing May 15, 2026			474	$	474,393
Aretec Group, Inc.
Term Loan, 5.95%, (1 mo. USD LIBOR + 4.25%), Maturing October 1, 2025			5,126		4,863,453
Citco Funding, LLC
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing September 28, 2023			2,806		2,793,567
Claros Mortgage Trust, Inc.
Term Loan, 5.01%, (1 mo. USD LIBOR + 3.25%), Maturing August 10, 2026			825		827,063
Ditech Holding Corporation
Term Loan, 0.00%, Maturing June 30, 2022(6)			3,222		1,324,415
EIG Management Company, LLC
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing February 22, 2025			271		271,044
Evergood 4 ApS
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), Maturing February 6, 2025	EUR		750		829,202
Focus Financial Partners, LLC
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing July 3, 2024			3,072		3,089,504
Franklin Square Holdings L.P.
Term Loan, 4.25%, (1 mo. USD LIBOR + 2.50%), Maturing August 1, 2025			569		573,157
Greenhill & Co., Inc.
Term Loan, 5.02%, (1 mo. USD LIBOR + 3.25%), Maturing April 12, 2024			1,146		1,111,256
GreenSky Holdings, LLC
Term Loan, 5.00%, (1 mo. USD LIBOR + 3.25%), Maturing March 31, 2025			1,478		1,462,725

12 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Financial Intermediaries (continued)
Guggenheim Partners, LLC
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing July 21, 2023			1,120	$	1,103,321
Harbourvest Partners, LLC
Term Loan, 4.02%, (1 mo. USD LIBOR + 2.25%), Maturing March 3, 2025			1,059		1,061,570
LPL Holdings, Inc.
Term Loan, 3.45%, (1 mo. USD LIBOR + 1.75%), Maturing November 12, 2026			1,500		1,506,875
Ocwen Loan Servicing, LLC
Term Loan, 6.70%, (1 mo. USD LIBOR + 5.00%), Maturing December 7, 2020			294		291,430
Starwood Property Trust, Inc.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing July 27, 2026			550		551,712
StepStone Group L.P.
Term Loan, 5.84%, (2 mo. USD LIBOR + 4.00%), Maturing March 27, 2025			640		639,450
Victory Capital Holdings, Inc.
Term Loan, 5.35%, (3 mo. USD LIBOR + 3.25%), Maturing July 1, 2026			1,325		1,334,291
Virtus Investment Partners, Inc.
Term Loan, 4.03%, (1 mo. USD LIBOR + 2.25%), Maturing June 1, 2024			589		591,307
Walker & Dunlop, Inc.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing November 7, 2025			2,283		2,292,262
				$	26,991,997
Food Products — 4.2%
Alphabet Holding Company, Inc.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing September 26, 2024			2,548	$	2,387,157
Atkins Nutritionals Holdings II, Inc.
Term Loan, 5.73%, (3 mo. USD LIBOR + 3.75%), Maturing July 7, 2024			400		403,000
B&G Foods, Inc.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing October 10, 2026			275		276,432
Badger Buyer Corp.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing September 30, 2024			368		312,375
CHG PPC Parent, LLC
Term Loan, 3.50%, (1 mo. EURIBOR + 3.50%), Maturing March 31, 2025	EUR		3,125		3,462,895
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing March 31, 2025			518		521,030

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Food Products (continued)
Del Monte Foods, Inc.
Term Loan, 5.16%, (3 mo. USD LIBOR + 3.25%), Maturing February 18, 2021			2,287	$	2,000,619
Dole Food Company, Inc.
Term Loan, 4.46%, (1 mo. USD LIBOR + 2.75%), Maturing April 6, 2024			1,793		1,776,987
Froneri International PLC
Term Loan, 2.13%, (2 mo. EURIBOR + 2.13%), Maturing January 31, 2025	EUR		2,825		3,128,141
Hearthside Food Solutions, LLC
Term Loan, 5.39%, (1 mo. USD LIBOR + 3.69%), Maturing May 23, 2025			1,758		1,636,049
Term Loan, 5.70%, (1 mo. USD LIBOR + 4.00%), Maturing May 23, 2025			496		466,475
HLF Financing S.a.r.l.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing August 18, 2025			1,114		1,119,518
Jacobs Douwe Egberts International B.V.
Term Loan, 2.25%, (3 mo. EURIBOR + 1.75%, Floor 0.50%), Maturing November 1, 2025	EUR		285		316,788
Term Loan, 3.81%, (1 mo. USD LIBOR + 2.00%), Maturing November 1, 2025			1,512		1,520,283
JBS USA Lux S.A.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing May 1, 2026			4,428		4,450,810
Nomad Foods Europe Midco Limited
Term Loan, 4.02%, (1 mo. USD LIBOR + 2.25%), Maturing May 15, 2024			1,280		1,283,164
				$	25,061,723
Food Service — 2.0%
1011778 B.C. Unlimited Liability Company
Term Loan, Maturing November 19, 2026(5)			6,075	$	6,079,556
IRB Holding Corp.
Term Loan, 5.22%, (3 mo. USD LIBOR + 3.25%), Maturing February 5, 2025			2,277		2,281,413
NPC International, Inc.
Term Loan, 5.43%, (3 mo. USD LIBOR + 3.50%), Maturing April 19, 2024			929		462,765
Restaurant Technologies, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing October 1, 2025			223		224,289
US Foods, Inc.
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing June 27, 2023			886		888,010

13 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Food Service (continued)
US Foods, Inc. (continued)
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing September 13, 2026			1,775	$	1,781,656
				$	11,717,689
Food / Drug Retailers — 0.8%
Albertsons, LLC
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing November 17, 2025			426	$	429,658
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing August 17, 2026			3,232		3,257,843
Diplomat Pharmacy, Inc.
Term Loan, 6.41%, (USD LIBOR + 4.50%), Maturing December 20, 2024(4)			497		445,730
L1R HB Finance Limited
Term Loan, 4.25%, (3 mo. EURIBOR + 4.25%), Maturing August 9, 2024	EUR		450		239,378
Term Loan, 6.02%, (3 mo. GBP LIBOR + 5.25%), Maturing September 2, 2024	GBP		450		288,972
				$	4,661,581
Forest Products — 0.1%
Clearwater Paper Corporation
Term Loan, 4.88%, (1 week USD LIBOR + 3.25%), Maturing July 26, 2026			350	$	350,437
				$	350,437
Health Care — 12.2%
Acadia Healthcare Company, Inc.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing February 11, 2022			252	$	252,762
ADMI Corp.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing April 30, 2025			1,827		1,810,128
Alliance Healthcare Services, Inc.
Term Loan, 6.20%, (1 mo. USD LIBOR + 4.50%), Maturing October 24, 2023			837		736,313
Term Loan - Second Lien, 11.70%, (1 mo. USD LIBOR + 10.00%), Maturing April 24, 2024			525		521,063
athenahealth, Inc.
Term Loan, 6.40%, (USD LIBOR + 4.50%), Maturing February 11, 2026(4)			2,015		2,016,537
Athletico Management, LLC
Term Loan, 5.26%, (1 mo. USD LIBOR + 3.50%), Maturing October 31, 2025			571		572,114

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Health Care (continued)
Avantor, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing November 21, 2024			504	$	508,243
BioClinica, Inc.
Term Loan, 5.94%, (1 mo. USD LIBOR + 4.25%), Maturing October 20, 2023			1,509		1,459,015
BW NHHC Holdco, Inc.
Term Loan, 6.91%, (3 mo. USD LIBOR + 5.00%), Maturing May 15, 2025			1,062		808,557
Carestream Dental Equipment, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing September 1, 2024			1,122		1,049,070
Certara L.P.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing August 15, 2024			980		968,363
Change Healthcare Holdings, LLC
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing March 1, 2024			5,512		5,518,840
CHG Healthcare Services, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing June 7, 2023			3,477		3,482,972
Concentra, Inc.
Term Loan, 4.54%, (3 mo. USD LIBOR + 2.50%), Maturing June 1, 2022			693		694,676
CryoLife, Inc.
Term Loan, 5.35%, (3 mo. USD LIBOR + 3.25%), Maturing November 14, 2024			516		519,359
CTC AcquiCo GmbH
Term Loan, 2.50%, (3 mo. EURIBOR + 2.50%), Maturing March 7, 2025	EUR		903		986,724
Ensemble RCM, LLC
Term Loan, 5.66%, (3 mo. USD LIBOR + 3.75%), Maturing August 3, 2026			525		525,984
Envision Healthcare Corporation
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing October 10, 2025			6,135		4,898,735
Gentiva Health Services, Inc.
Term Loan, 5.50%, (1 mo. USD LIBOR + 3.75%), Maturing July 2, 2025			2,552		2,565,462
GHX Ultimate Parent Corporation
Term Loan, 5.35%, (3 mo. USD LIBOR + 3.25%), Maturing June 28, 2024			980		971,638
Greatbatch Ltd.
Term Loan, 4.27%, (1 mo. USD LIBOR + 2.50%), Maturing October 27, 2022			1,516		1,519,739
Grifols Worldwide Operations USA, Inc.
Term Loan, 3.77%, (1 mo. USD LIBOR + 2.00%), Maturing November 15, 2027			4,557		4,590,482

14 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Borrower/Tranche Description	Principal Amount* (000’s omitted)		Value
Health Care (continued)
Hanger, Inc.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing March 6, 2025		1,133	$	1,136,998
Inovalon Holdings, Inc.
Term Loan, 5.31%, (1 mo. USD LIBOR + 3.50%), Maturing April 2, 2025		1,264		1,268,791
IQVIA, Inc.
Term Loan, 4.10%, (3 mo. USD LIBOR + 2.00%), Maturing March 7, 2024		551		553,559
Term Loan, 4.10%, (3 mo. USD LIBOR + 2.00%), Maturing January 17, 2025		980		984,900
Medical Solutions, LLC
Term Loan, 6.20%, (1 mo. USD LIBOR + 4.50%), Maturing June 14, 2024		1,636		1,629,901
MPH Acquisition Holdings, LLC
Term Loan, 4.85%, (3 mo. USD LIBOR + 2.75%), Maturing June 7, 2023		3,314		3,173,728
National Mentor Holdings, Inc.
Term Loan, 5.96%, (1 mo. USD LIBOR + 4.25%), Maturing March 9, 2026		29		29,331
Term Loan, 5.96%, (1 mo. USD LIBOR + 4.25%), Maturing March 9, 2026		518		520,026
Navicure, Inc.
Term Loan, 5.70%, (1 mo. USD LIBOR + 4.00%), Maturing October 22, 2026		1,025		1,025,628
One Call Corporation
Term Loan, 7.16%, (3 mo. USD LIBOR + 5.25%), Maturing November 25, 2022		2,087		1,878,119
Ortho-Clinical Diagnostics S.A.
Term Loan, 5.31%, (3 mo. USD LIBOR + 3.25%), Maturing June 30, 2025		5,023		4,967,975
Parexel International Corporation
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing September 27, 2024		2,517		2,444,608
Phoenix Guarantor, Inc.
Term Loan, 6.27%, (1 mo. USD LIBOR + 4.50%), Maturing March 5, 2026		1,970		1,982,990
Radiology Partners Holdings, LLC
Term Loan, 6.66%, (USD LIBOR + 4.75%), Maturing July 9, 2025(4)		621		607,424
RadNet, Inc.
Term Loan, 5.54%, (3 mo. USD LIBOR + 3.50%), Maturing June 30, 2023		1,683		1,671,594
Select Medical Corporation
Term Loan, 4.58%, (USD LIBOR + 2.50%), Maturing March 6, 2025(4)		2,338		2,333,820

Borrower/Tranche Description	Principal Amount* (000’s omitted)		Value
Health Care (continued)
Sotera Health Holdings, LLC
Term Loan, 4.93%, (3 mo. USD LIBOR + 3.00%), Maturing May 15, 2022		891	$	888,825
Sound Inpatient Physicians
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing June 27, 2025		494		493,750
Surgery Center Holdings, Inc.
Term Loan, 4.96%, (1 mo. USD LIBOR + 3.25%), Maturing September 2, 2024		1,054		1,041,977
Team Health Holdings, Inc.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing February 6, 2024		2,013		1,434,214
Tecomet, Inc.
Term Loan, 5.01%, (1 mo. USD LIBOR + 3.25%), Maturing May 1, 2024		831		832,173
U.S. Anesthesia Partners, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing June 23, 2024		1,693		1,676,116
Verscend Holding Corp.
Term Loan, 6.20%, (1 mo. USD LIBOR + 4.50%), Maturing August 27, 2025		1,609		1,613,768
Viant Medical Holdings, Inc.
Term Loan, 5.85%, (3 mo. USD LIBOR + 3.75%), Maturing July 2, 2025		495		465,506
Wink Holdco, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing December 2, 2024		491		486,030
			$	72,118,527
Home Furnishings — 0.5%
Serta Simmons Bedding, LLC
Term Loan, 5.26%, (1 mo. USD LIBOR + 3.50%), Maturing November 8, 2023		5,287	$	3,097,302
			$	3,097,302
Industrial Equipment — 5.5%
AI Alpine AT Bidco GmbH
Term Loan, 4.60%, (2 mo. USD LIBOR + 2.75%), Maturing October 31, 2025		248	$	240,681
Altra Industrial Motion Corp.
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing October 1, 2025		722		720,763
Apex Tool Group, LLC
Term Loan, 7.20%, (1 mo. USD LIBOR + 5.50%), Maturing August 1, 2024		2,535		2,419,039

15 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Industrial Equipment (continued)
Carlisle Foodservice Products, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing March 20, 2025			271	$	258,716
Coherent Holding GmbH
Term Loan, 3.00%, (3 mo. EURIBOR + 2.25%, Floor 0.75%), Maturing November 7, 2023	EUR		735		816,096
CPM Holdings, Inc.
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing November 17, 2025			323		311,676
Delachaux Group S.A.
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), Maturing March 28, 2026	EUR		400		442,333
Term Loan, 6.50%, (3 mo. USD LIBOR + 4.50%), Maturing March 28, 2026			475		474,703
DexKo Global, Inc.
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), Maturing July 24, 2024	EUR		325		352,465
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), Maturing July 24, 2024	EUR		813		881,166
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing July 24, 2024			904		893,918
DXP Enterprises, Inc.
Term Loan, 6.45%, (1 mo. USD LIBOR + 4.75%), Maturing August 29, 2023			539		542,032
Dynacast International, LLC
Term Loan, 5.35%, (3 mo. USD LIBOR + 3.25%), Maturing January 28, 2022			1,302		1,220,313
Engineered Machinery Holdings, Inc.
Term Loan, 5.10%, (3 mo. USD LIBOR + 3.00%), Maturing July 19, 2024			1,819		1,797,496
Term Loan, 6.35%, (3 mo. USD LIBOR + 4.25%), Maturing July 19, 2024			323		322,562
EWT Holdings III Corp.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing December 20, 2024			2,119		2,128,614
Filtration Group Corporation
Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), Maturing March 29, 2025	EUR		394		437,325
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing March 29, 2025			1,682		1,689,174
Gardner Denver, Inc.
Term Loan, 3.00%, (1 mo. EURIBOR + 3.00%), Maturing July 30, 2024	EUR		424		470,358
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing July 30, 2024			1,028		1,033,389
Gates Global, LLC
Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing April 1, 2024	EUR		926		1,009,499

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Industrial Equipment (continued)
Gates Global, LLC (continued)
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing April 1, 2024			4,604	$	4,597,883
Hayward Industries, Inc.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing August 5, 2024			485		477,732
LTI Holdings, Inc.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing September 6, 2025			495		423,844
Term Loan, 6.45%, (1 mo. USD LIBOR + 4.75%), Maturing July 24, 2026			200		173,500
Pro Mach Group, Inc.
Term Loan, 4.47%, (1 mo. USD LIBOR + 2.75%), Maturing March 7, 2025			246		239,109
Quimper AB
Term Loan, 4.25%, (3 mo. EURIBOR + 4.25%), Maturing February 13, 2026	EUR		1,900		2,087,623
Robertshaw US Holding Corp.
Term Loan, 5.00%, (1 mo. USD LIBOR + 3.25%), Maturing February 28, 2025			1,059		939,752
Shape Technologies Group, Inc.
Term Loan, 4.93%, (3 mo. USD LIBOR + 3.00%), Maturing April 21, 2025			247		222,188
Thermon Industries, Inc.
Term Loan, 5.53%, (1 mo. USD LIBOR + 3.75%), Maturing October 24, 2024			295		296,877
Titan Acquisition Limited
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing March 28, 2025			3,127		2,998,092
Welbilt, Inc.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing October 23, 2025			1,684		1,690,018
				$	32,608,936
Insurance — 6.0%
Alliant Holdings Intermediate, LLC
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing May 9, 2025			2,551	$	2,530,170
Term Loan, 5.02%, (1 mo. USD LIBOR + 3.25%), Maturing May 9, 2025			474		472,110
AmWINS Group, Inc.
Term Loan, 4.46%, (1 mo. USD LIBOR + 2.75%), Maturing January 25, 2024			3,723		3,737,851
Asurion, LLC
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing August 4, 2022			4,274		4,286,625

16 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Insurance (continued)
Asurion, LLC (continued)
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing November 3, 2023			2,288	$	2,292,667
Term Loan - Second Lien, 8.20%, (1 mo. USD LIBOR + 6.50%), Maturing August 4, 2025			4,200		4,224,940
Financiere CEP S.A.S.
Term Loan, 4.25%, (3 mo. EURIBOR + 4.25%), Maturing January 16, 2025	EUR		550		612,183
FrontDoor, Inc.
Term Loan, 4.25%, (1 mo. USD LIBOR + 2.50%), Maturing August 16, 2025			495		495,613
Hub International Limited
Term Loan, 4.69%, (3 mo. USD LIBOR + 2.75%), Maturing April 25, 2025			5,234		5,166,282
Term Loan, 5.90%, (3 mo. USD LIBOR + 4.00%), Maturing April 25, 2025			1,900		1,904,750
NFP Corp.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing January 8, 2024			3,722		3,684,839
Sedgwick Claims Management Services, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing December 31, 2025			1,265		1,245,665
USI, Inc.
Term Loan, 5.10%, (3 mo. USD LIBOR + 3.00%), Maturing May 16, 2024			3,633		3,591,658
Term Loan, Maturing December 2, 2026(5)			1,475		1,473,156
				$	35,718,509
Leisure Goods / Activities / Movies — 6.3%
AMC Entertainment Holdings, Inc.
Term Loan, 5.23%, (6 mo. USD LIBOR + 3.00%), Maturing April 22, 2026			1,940	$	1,950,679
Amer Sports Oyj
Term Loan, 4.50%, (3 mo. EURIBOR + 4.50%), Maturing March 30, 2026	EUR		3,625		3,995,604
Ancestry.com Operations, Inc.
Term Loan, 5.96%, (1 mo. USD LIBOR + 4.25%), Maturing August 27, 2026			3,367		3,236,108
Bombardier Recreational Products, Inc.
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing May 23, 2025			4,742		4,747,809
ClubCorp Holdings, Inc.
Term Loan, 4.85%, (3 mo. USD LIBOR + 2.75%), Maturing September 18, 2024			2,410		2,208,373
Crown Finance US, Inc.
Term Loan, 2.38%, (1 mo. EURIBOR + 2.38%), Maturing February 28, 2025	EUR		293		325,390

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Leisure Goods / Activities / Movies (continued)
Crown Finance US, Inc. (continued)
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing February 28, 2025			1,783	$	1,779,736
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing September 30, 2026			1,550		1,547,675
Delta 2 (LUX) S.a.r.l.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing February 1, 2024			1,780		1,768,567
Emerald Expositions Holding, Inc.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing May 22, 2024			1,178		1,127,578
Etraveli Holding AB
Term Loan, 4.25%, (3 mo. EURIBOR + 4.25%), Maturing August 2, 2024	EUR		950		1,053,157
Lindblad Expeditions, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing March 27, 2025			342		343,187
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing March 27, 2025			1,369		1,372,746
Match Group, Inc.
Term Loan, 4.44%, (3 mo. USD LIBOR + 2.50%), Maturing November 16, 2022			558		558,858
Motion Finco S.a.r.l.
Term Loan, Maturing November 13, 2026(5)			70		70,336
Term Loan, Maturing November 13, 2026(5)			530		535,164
Term Loan, Maturing November 13, 2026(5)	EUR		1,425		1,584,273
NASCAR Holdings, Inc.
Term Loan, 4.51%, (1 mo. USD LIBOR + 2.75%), Maturing October 19, 2026			766		771,881
SeaWorld Parks & Entertainment, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing March 31, 2024			1,929		1,929,558
SRAM, LLC
Term Loan, 4.51%, (USD LIBOR + 2.75%), Maturing March 15, 2024(4)			1,362		1,369,144
Steinway Musical Instruments, Inc.
Term Loan, 5.51%, (1 mo. USD LIBOR + 3.75%), Maturing February 14, 2025			911		905,431
Travel Leaders Group, LLC
Term Loan, 5.71%, (1 mo. USD LIBOR + 4.00%), Maturing January 25, 2024			988		990,586
UFC Holdings, LLC
Term Loan, 4.96%, (1 mo. USD LIBOR + 3.25%), Maturing April 29, 2026			2,325		2,338,966

17 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Leisure Goods / Activities / Movies (continued)
Vue International Bidco PLC
Term Loan, 4.75%, (3 mo. EURIBOR + 4.75%), Maturing June 14, 2026	EUR		678	$	752,483
Term Loan, Maturing June 18, 2026(5)	EUR		122		135,304
				$	37,398,593
Lodging and Casinos — 4.9%
Aimbridge Acquisition Co., Inc.
Term Loan, 5.46%, (1 mo. USD LIBOR + 3.75%), Maturing February 2, 2026			274	$	274,644
Aristocrat Technologies, Inc.
Term Loan, 3.72%, (3 mo. USD LIBOR + 1.75%), Maturing October 19, 2024			1,040		1,045,354
Azelis Finance S.A.
Term Loan, 4.00%, (6 mo. EURIBOR + 4.00%), Maturing November 7, 2025	EUR		2,000		2,214,761
Boyd Gaming Corporation
Term Loan, 3.85%, (1 week USD LIBOR + 2.25%), Maturing September 15, 2023			930		934,059
CityCenter Holdings, LLC
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing April 18, 2024			2,668		2,675,849
Eldorado Resorts, LLC
Term Loan, 4.01%, (1 mo. USD LIBOR + 2.25%), Maturing April 17, 2024			800		799,651
ESH Hospitality, Inc.
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing September 18, 2026			730		732,833
Golden Nugget, Inc.
Term Loan, 4.68%, (USD LIBOR + 2.75%), Maturing October 4, 2023(4)			5,157		5,165,421
GVC Holdings PLC
Term Loan, 2.50%, (6 mo. EURIBOR + 2.50%), Maturing March 29, 2024	EUR		1,875		2,076,016
Term Loan, 4.45%, (6 mo. USD LIBOR + 2.25%), Maturing March 29, 2024			1,182		1,182,000
Hanjin International Corp.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing October 18, 2020			550		545,875
MGM Growth Properties Operating Partnership L.P.
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing March 21, 2025			1,486		1,492,678
Playa Resorts Holding B.V.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing April 29, 2024			2,596		2,540,508

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Lodging and Casinos (continued)
Stars Group Holdings B.V. (The)
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), Maturing July 10, 2025	EUR		1,000	$	1,112,579
Term Loan, 5.60%, (3 mo. USD LIBOR + 3.50%), Maturing July 10, 2025			3,748		3,770,482
VICI Properties 1, LLC
Term Loan, 3.72%, (1 mo. USD LIBOR + 2.00%), Maturing December 20, 2024			2,315		2,326,106
				$	28,888,816
Nonferrous Metals / Minerals — 0.6%
CD&R Hydra Buyer, Inc.
Term Loan, 7.50%, (0.00% cash, 7.50% PIK), Maturing August 15, 2021(3)(7)			151	$	120,828
Murray Energy Corporation
DIP Loan, 7.43%, (1 mo. USD LIBOR + 11.00%), Maturing July 29, 2020(2)			576		588,983
Term Loan, 0.00%, Maturing October 17, 2022(6)			2,068		524,748
Noranda Aluminum Acquisition Corporation
Term Loan, 0.00%, Maturing February 28, 2020(6)			942		56,517
Oxbow Carbon, LLC
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing January 4, 2023			1,412		1,411,281
Rain Carbon GmbH
Term Loan, 3.00%, (6 mo. EURIBOR + 3.00%), Maturing January 16, 2025	EUR		1,025		1,077,486
				$	3,779,843
Oil and Gas — 4.5%
Ameriforge Group, Inc.
Term Loan, 9.10%, (3 mo. USD LIBOR + 7.00%), Maturing June 8, 2022(3)			760	$	758,185
Apergy Corporation
Term Loan, 4.25%, (1 mo. USD LIBOR + 2.50%), Maturing May 9, 2025			267		266,899
Blackstone CQP Holdco L.P.
Term Loan, 5.66%, (3 mo. USD LIBOR + 3.50%), Maturing September 30, 2024			1,047		1,048,030
Buckeye Partners L.P.
Term Loan, 4.53%, (1 mo. USD LIBOR + 2.75%), Maturing November 1, 2026			2,850		2,876,362
Centurion Pipeline Company, LLC
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing September 29, 2025			273		271,573

18 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Borrower/Tranche Description	Principal Amount* (000’s omitted)		Value
Oil and Gas (continued)
CITGO Holding, Inc.
Term Loan, 8.70%, (1 mo. USD LIBOR + 7.00%), Maturing August 1, 2023		275	$	278,552
CITGO Petroleum Corporation
Term Loan, 6.60%, (3 mo. USD LIBOR + 4.50%), Maturing July 29, 2021		1,845		1,854,801
Term Loan, 7.10%, (3 mo. USD LIBOR + 5.00%), Maturing March 28, 2024		3,259		3,295,285
Delek US Holdings, Inc.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing March 31, 2025		1,393		1,377,616
Equitrans Midstream Corporation
Term Loan, 6.21%, (1 mo. USD LIBOR + 4.50%), Maturing January 31, 2024		2,010		1,924,395
Fieldwood Energy, LLC
Term Loan, 7.18%, (3 mo. USD LIBOR + 5.25%), Maturing April 11, 2022		2,775		2,261,471
Matador Bidco S.a.r.l.
Term Loan, 6.45%, (1 mo. USD LIBOR + 4.75%), Maturing June 12, 2026		3,050		3,059,531
McDermott Technology Americas, Inc.
Term Loan, 5.37%, (2 mo. USD LIBOR + 10.00%), Maturing October 21, 2021(2)		775		780,813
Term Loan, 7.10%, (3 mo. USD LIBOR + 5.00%), Maturing May 9, 2025		2,253		1,104,536
Prairie ECI Acquiror L.P.
Term Loan, 6.85%, (3 mo. USD LIBOR + 4.75%), Maturing March 11, 2026		2,438		2,366,405
PSC Industrial Holdings Corp.
Term Loan, 5.52%, (1 mo. USD LIBOR + 3.75%), Maturing October 11, 2024		761		751,920
Sheridan Investment Partners II L.P.
DIP Loan, 8.74%, (1 mo. USD LIBOR + 7.00%), Maturing March 19, 2020		90		89,778
DIP Loan, 8.77%, (1 mo. USD LIBOR + 7.00%), Maturing March 19, 2020		90		89,778
Term Loan, 0.00%, Maturing December 16, 2020(6)		34		12,248
Term Loan, 0.00%, Maturing December 16, 2020(6)		92		32,842
Term Loan, 0.00%, Maturing December 16, 2020(6)		660		236,092
Sheridan Production Partners I, LLC
Term Loan, 0.00%, Maturing December 9, 2019(6)		122		67,082
Term Loan, 0.00%, Maturing December 9, 2019(6)		200		109,826
Term Loan, 0.00%, Maturing December 9, 2019(6)		1,507		828,822
UGI Energy Services, LLC
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing August 13, 2026		1,097		1,103,194
			$	26,846,036

Borrower/Tranche Description	Principal Amount* (000’s omitted)		Value
Publishing — 1.0%
Ascend Learning, LLC
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing July 12, 2024		1,201	$	1,204,752
Getty Images, Inc.
Term Loan, 6.25%, (1 mo. USD LIBOR + 4.50%), Maturing February 19, 2026		1,762		1,703,698
Harland Clarke Holdings Corp.
Term Loan, 6.85%, (3 mo. USD LIBOR + 4.75%), Maturing November 3, 2023		879		666,723
LSC Communications, Inc.
Term Loan, 7.09%, (1 week USD LIBOR + 5.50%), Maturing September 30, 2022		821		507,533
ProQuest, LLC
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing October 23, 2026		1,675		1,679,187
Tweddle Group, Inc.
Term Loan, 6.20%, (1 mo. USD LIBOR + 4.50%), Maturing September 17, 2023		216		196,223
			$	5,958,116
Radio and Television — 2.9%
Cumulus Media New Holdings, Inc.
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing March 31, 2026		575	$	579,097
Diamond Sports Group, LLC
Term Loan, 4.96%, (1 mo. USD LIBOR + 3.25%), Maturing August 24, 2026		3,200		3,197,334
E.W. Scripps Company (The)
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing May 1, 2026		323		324,507
Entercom Media Corp.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing November 18, 2024		1,066		1,071,464
Entravision Communications Corporation
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing November 29, 2024		956		928,590
Gray Television, Inc.
Term Loan, 4.03%, (1 mo. USD LIBOR + 2.25%), Maturing February 7, 2024		255		255,687
Term Loan, 4.28%, (1 mo. USD LIBOR + 2.50%), Maturing January 2, 2026		691		694,319
Hubbard Radio, LLC
Term Loan, 5.21%, (1 mo. USD LIBOR + 3.50%), Maturing March 28, 2025		809		808,964
iHeartCommunications, Inc.
Term Loan, 5.78%, (1 mo. USD LIBOR + 4.00%), Maturing May 1, 2026		1,926		1,941,118

19 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Borrower/Tranche Description	Principal Amount* (000’s omitted)		Value
Radio and Television (continued)
Mission Broadcasting, Inc.
Term Loan, 4.03%, (1 mo. USD LIBOR + 2.25%), Maturing January 17, 2024		358	$	359,133
Nexstar Broadcasting, Inc.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing January 17, 2024		1,804		1,807,365
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing September 18, 2026		525		527,672
Sinclair Television Group, Inc.
Term Loan, 3.96%, (1 mo. USD LIBOR + 2.25%), Maturing January 3, 2024		538		539,427
Term Loan, 4.27%, (1 mo. USD LIBOR + 2.50%), Maturing September 30, 2026		675		678,789
Univision Communications, Inc.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing March 15, 2024		3,793		3,720,064
			$	17,433,530
Rail Industries — 0.2%
Genesee & Wyoming, Inc.
Term Loan, Maturing November 6, 2026(5)		1,000	$	1,008,125
			$	1,008,125
Retailers (Except Food and Drug) — 3.0%
Allsup’s Convenience Stores, Inc.
Term Loan, 8.02%, (1 mo. USD LIBOR + 6.25%), Maturing November 18, 2024		675	$	654,750
Apro, LLC
Term Loan, 0.00%, Maturing November 14, 2026(2)		150		150,188
Term Loan, 5.84%, (3 mo. USD LIBOR + 4.00%), Maturing November 14, 2026		525		525,656
Ascena Retail Group, Inc.
Term Loan, 6.25%, (1 mo. USD LIBOR + 4.50%), Maturing August 21, 2022		2,370		1,474,188
Bass Pro Group, LLC
Term Loan, 6.70%, (1 mo. USD LIBOR + 5.00%), Maturing September 25, 2024		1,397		1,375,988
BJ’s Wholesale Club, Inc.
Term Loan, 4.51%, (1 mo. USD LIBOR + 2.75%), Maturing February 3, 2024		855		857,918
Coinamatic Canada, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing May 14, 2022		46		45,217
David’s Bridal, Inc.
Term Loan, 4.10%, (3 mo. USD LIBOR + 2.00%), Maturing December 31, 2019		33		32,452

Borrower/Tranche Description	Principal Amount* (000’s omitted)		Value
Retailers (Except Food and Drug) (continued)
David’s Bridal, Inc. (continued)
Term Loan, 7.92%, (3 mo. USD LIBOR + 6.00%), Maturing June 30, 2023		327	$	327,272
Term Loan, 9.61%, (3 mo. USD LIBOR + 7.50%), Maturing July 17, 2023		267		230,069
Term Loan, 10.11%, (3 mo. USD LIBOR + 8.00%), Maturing January 18, 2024		1,014		420,642
Global Appliance, Inc.
Term Loan, 5.71%, (1 mo. USD LIBOR + 4.00%), Maturing September 29, 2024		998		976,738
Hoya Midco, LLC
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing June 30, 2024		2,072		2,035,907
J. Crew Group, Inc.
Term Loan, 4.85%, (USD LIBOR + 3.00%), Maturing March 5, 2021(3)(4)		3,098		2,442,588
LSF9 Atlantis Holdings, LLC
Term Loan, 7.76%, (1 mo. USD LIBOR + 6.00%), Maturing May 1, 2023		1,038		964,808
PetSmart, Inc.
Term Loan, 5.77%, (1 mo. USD LIBOR + 4.00%), Maturing March 11, 2022		3,627		3,533,894
PFS Holding Corporation
Term Loan, 5.41%, (3 mo. USD LIBOR + 3.50%), Maturing January 31, 2021		2,338		900,209
Pier 1 Imports (U.S.), Inc.
Term Loan, 5.70%, (6 mo. USD LIBOR + 3.50%), Maturing April 30, 2021		545		138,927
Radio Systems Corporation
Term Loan, 4.50%, (1 mo. USD LIBOR + 2.75%), Maturing May 2, 2024		440		435,476
			$	17,522,887
Steel — 1.1%
Atkore International, Inc.
Term Loan, 4.86%, (3 mo. USD LIBOR + 2.75%), Maturing December 22, 2023		1,320	$	1,323,954
GrafTech Finance, Inc.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing February 12, 2025		2,781		2,718,740
Neenah Foundry Company
Term Loan, 8.35%, (2 mo. USD LIBOR + 6.50%), Maturing December 13, 2022		747		731,937
Phoenix Services International, LLC
Term Loan, 5.51%, (1 mo. USD LIBOR + 3.75%), Maturing March 1, 2025		887		815,580

20 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Steel (continued)
Zekelman Industries, Inc.
Term Loan, 3.97%, (1 mo. USD LIBOR + 2.25%), Maturing June 14, 2021			1,203	$	1,203,907
				$	6,794,118
Surface Transport — 0.9%
1199169 B.C. Unlimited Liability Company
Term Loan, 6.10%, (3 mo. USD LIBOR + 4.00%), Maturing April 6, 2026			288	$	290,114
Agro Merchants NAI Holdings, LLC
Term Loan, 5.85%, (3 mo. USD LIBOR + 3.75%), Maturing December 6, 2024			393		390,246
Hertz Corporation (The)
Term Loan, 4.46%, (1 mo. USD LIBOR + 2.75%), Maturing June 30, 2023			1,090		1,095,073
Kenan Advantage Group, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing July 31, 2022			118		115,476
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing July 31, 2022			387		379,735
PODS, LLC
Term Loan, 4.52%, (1 mo. USD LIBOR + 2.75%), Maturing December 6, 2024			662		663,157
Stena International S.a.r.l.
Term Loan, 5.11%, (3 mo. USD LIBOR + 3.00%), Maturing March 3, 2021			1,654		1,613,784
XPO Logistics, Inc.
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing February 24, 2025			650		652,618
				$	5,200,203
Telecommunications — 5.8%
CenturyLink, Inc.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing January 31, 2025			5,477	$	5,482,575
Colorado Buyer, Inc.
Term Loan, 4.77%, (1 mo. USD LIBOR + 3.00%), Maturing May 1, 2024			1,666		1,398,576
Digicel International Finance Limited
Term Loan, 5.34%, (6 mo. USD LIBOR + 3.25%), Maturing May 28, 2024			1,789		1,507,935
eircom Holdings (Ireland) Limited
Term Loan, 3.25%, (1 mo. EURIBOR + 3.25%), Maturing May 15, 2026	EUR		1,706		1,888,890
Gamma Infrastructure III B.V.
Term Loan, 3.50%, (6 mo. EURIBOR + 3.50%), Maturing January 9, 2025	EUR		1,650		1,804,172

Borrower/Tranche Description		Principal Amount* (000’s omitted)		Value
Telecommunications (continued)
Global Eagle Entertainment, Inc.
Term Loan, 9.71%, (USD LIBOR + 7.50%), Maturing January 6, 2023(4)			2,711	$	2,460,114
Intelsat Jackson Holdings S.A.
Term Loan, 5.68%, (6 mo. USD LIBOR + 3.75%), Maturing November 27, 2023			2,400		2,368,500
Term Loan, 6.43%, (6 mo. USD LIBOR + 4.50%), Maturing January 2, 2024			1,600		1,591,000
IPC Corp.
Term Loan, 6.43%, (3 mo. USD LIBOR + 4.50%), Maturing August 6, 2021			1,230		1,023,193
Matterhorn Telecom S.A.
Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), Maturing September 30, 2026	EUR		475		527,933
Onvoy, LLC
Term Loan, 6.20%, (1 mo. USD LIBOR + 4.50%), Maturing February 10, 2024			1,755		1,478,588
Plantronics, Inc.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing July 2, 2025			1,327		1,256,777
Sprint Communications, Inc.
Term Loan, 4.25%, (1 mo. USD LIBOR + 2.50%), Maturing February 2, 2024			3,705		3,667,950
Term Loan, 4.75%, (1 mo. USD LIBOR + 3.00%), Maturing February 2, 2024			819		817,959
Syniverse Holdings, Inc.
Term Loan, 6.85%, (2 mo. USD LIBOR + 5.00%), Maturing March 9, 2023			1,034		920,267
Telesat Canada
Term Loan, 4.61%, (3 mo. USD LIBOR + 2.50%), Maturing November 17, 2023			4,989		5,000,484
Term Loan, 4.63%, (3 mo. USD LIBOR + 2.75%), Maturing December 7, 2026			1,450		1,446,375
				$	34,641,288
Utilities — 2.5%
Brookfield WEC Holdings, Inc.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing August 1, 2025			2,407	$	2,413,205
Calpine Construction Finance Company L.P.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing January 15, 2025			951		954,418
Calpine Corporation
Term Loan, 4.61%, (3 mo. USD LIBOR + 2.50%), Maturing January 15, 2024			3,375		3,388,145
Term Loan, 4.86%, (3 mo. USD LIBOR + 2.75%), Maturing April 5, 2026			948		951,652

21 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Borrower/Tranche Description	Principal Amount* (000’s omitted)		Value
Utilities (continued)
Granite Acquisition, Inc.
Term Loan, 5.60%, (3 mo. USD LIBOR + 3.50%), Maturing December 19, 2021		2,634	$	2,642,423
Lightstone Holdco, LLC
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing January 30, 2024		86		77,701
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing January 30, 2024		1,524		1,377,632
Longview Power, LLC
Term Loan, 7.93%, (3 mo. USD LIBOR + 6.00%), Maturing April 13, 2021		3,160		1,779,991
Talen Energy Supply, LLC
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing July 8, 2026		800		796,000
USIC Holdings, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing December 8, 2023		197		195,091
			$	14,576,258
Total Senior Floating-Rate Loans (identified cost $825,280,535)			$	791,123,043
Corporate Bonds & Notes — 11.1%
Security	Principal Amount* (000’s omitted)		Value
Aerospace and Defense — 0.3%
Huntington Ingalls Industries, Inc.
5.00%, 11/15/25(8)		10	$	10,504
TransDigm, Inc.
6.50%, 7/15/24		1,038		1,073,022
6.25%, 3/15/26(8)		400		430,250
7.50%, 3/15/27		563		610,755
			$	2,124,531
Automotive — 0.3%
Navistar International Corp.,
6.625%, 11/1/25(8)		596	$	615,370
Panther BF Aggregator 2 L.P./Panther Finance Co., Inc.
8.50%, 5/15/27(8)		958		980,776
			$	1,596,146

Security	Principal Amount* (000’s omitted)		Value
Building and Development — 0.2%
Builders FirstSource, Inc.
5.625%, 9/1/24(8)		5	$	5,212
Core & Main Holdings, L.P.
8.625%, (8.625% cash or 9.375% PIK), 9/15/24(8)(9)		69		71,444
Hillman Group, Inc. (The)
6.375%, 7/15/22(8)		53		48,909
Reliance Intermediate Holdings, L.P.
6.50%, 4/1/23(8)		120		123,950
Standard Industries, Inc.
6.00%, 10/15/25 (8)		50		52,437
5.00%, 2/15/27 (8)		958		996,150
TRI Pointe Group, Inc./TRI Pointe Homes, Inc.
5.875%, 6/15/24		8		8,643
			$	1,306,745
Business Equipment and Services — 0.7%
Allied Universal Holdco, LLC/Allied Universal Finance Corp.
6.625%, 7/15/26(8)		958	$	1,014,880
EIG Investors Corp.
10.875%, 2/1/24		958		944,028
Prime Security Services Borrower, LLC/Prime Finance, Inc.
5.25%, 4/15/24(8)		750		774,368
5.75%, 4/15/26(8)		750		784,795
ServiceMaster Co., LLC (The)
7.45%, 8/15/27		427		482,872
			$	4,000,943
Cable and Satellite Television — 0.7%
Altice France S.A.
8.125%, 2/1/27(8)		958	$	1,063,404
5.50%, 1/15/28(8)		200		202,505
Altice Luxembourg S.A.
10.50%, 5/15/27(8)		475		539,849
Cablevision Systems Corp.
5.875%, 9/15/22		15		16,200
CCO Holdings, LLC/CCO Holdings Capital Corp.
5.25%, 9/30/22		26		26,406
5.75%, 1/15/24		2		2,048
5.375%, 5/1/25(8)		95		98,562
5.75%, 2/15/26(8)		45		47,634
5.50%, 5/1/26(8)		958		1,012,915
CSC Holdings, LLC
5.25%, 6/1/24		10		10,775

22 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Security	Principal Amount* (000’s omitted)		Value
Cable and Satellite Television (continued)
DISH DBS Corp.
6.75%, 6/1/21		20	$	21,118
5.875%, 7/15/22		983		1,029,686
5.875%, 11/15/24		5		5,006
TEGNA, Inc.
5.00%, 9/15/29(8)		74		74,185
			$	4,150,293
Chemicals and Plastics — 0.0%(10)
W.R. Grace & Co.
5.125%, 10/1/21(8)		30	$	31,193
5.625%, 10/1/24(8)		15		16,356
			$	47,549
Conglomerates — 0.0%(10)
Spectrum Brands, Inc.
5.75%, 7/15/25		75	$	78,725
5.00%, 10/1/29(8)		30		30,686
			$	109,411
Consumer Products — 0.0%(10)
Central Garden & Pet Co.
6.125%, 11/15/23		25	$	25,885
			$	25,885
Containers and Glass Products — 1.1%
Berry Global, Inc.
6.00%, 10/15/22		19	$	19,386
Owens-Brockway Glass Container, Inc.
5.875%, 8/15/23(8)		14		14,858
Reynolds Group Issuer, Inc./Reynolds Group Issuer, LLC
5.75%, 10/15/20		4,216		4,225,947
5.501%, (3 mo. USD LIBOR + 3.50%), 7/15/21(8)(11)		1,050		1,054,987
7.00%, 7/15/24(8)		958		993,326
			$	6,308,504
Distribution & Wholesale — 0.0%(10)
Performance Food Group, Inc.
5.50%, 10/15/27(8)		68	$	72,422
			$	72,422

Security	Principal Amount* (000’s omitted)		Value
Diversified Financial Services — 0.1%
GEMS MENASA Cayman, Ltd./GEMS Education Delaware, LLC
7.125%, 7/31/26(8)		458	$	483,132
			$	483,132
Drugs — 0.9%
Bausch Health Americas, Inc.
8.50%, 1/31/27(8)		206	$	233,815
Bausch Health Cos., Inc.
6.50%, 3/15/22(8)		887		911,393
7.00%, 3/15/24(8)		1,153		1,209,197
5.50%, 11/1/25(8)		1,875		1,964,062
7.00%, 1/15/28(8)		752		825,679
Jaguar Holding Co. II/Pharmaceutical Product Development, LLC
6.375%, 8/1/23(8)		75		77,812
			$	5,221,958
Ecological Services and Equipment — 0.2%
Covanta Holding Corp.
5.875%, 3/1/24		25	$	25,823
GFL Environmental, Inc.
8.50%, 5/1/27(8)		958		1,021,829
			$	1,047,652
Electronics / Electrical — 0.3%
CommScope, Inc.
6.00%, 3/1/26(8)		1,000	$	1,049,376
Energizer Holdings, Inc.
7.75%, 1/15/27(8)		759		849,945
Infor (US), Inc.
6.50%, 5/15/22		50		51,065
Sensata Technologies, Inc.
4.375%, 2/15/30(8)		45		44,999
			$	1,995,385
Entertainment — 0.2%
Merlin Entertainments PLC
5.75%, 6/15/26(8)		958	$	1,034,973
			$	1,034,973

23 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Security		Principal Amount* (000’s omitted)		Value
Financial Intermediaries — 0.2%
Icahn Enterprises, L.P./Icahn Enterprises Finance Corp.
6.25%, 2/1/22			40	$	40,900
6.25%, 5/15/26			958		1,020,868
JPMorgan Chase & Co.
Series S, 6.75% to 2/1/24(12)(13)			80		90,157
Navient Corp.
5.00%, 10/26/20			30		30,647
				$	1,182,572
Food Products — 0.2%
Iceland Bondco PLC
5.035%, (3 mo. GBP LIBOR + 4.25%), 7/15/20(8)(11)	GBP		187	$	241,033
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc.
5.50%, 1/15/30(8)			237		253,376
Post Holdings, Inc.
8.00%, 7/15/25(8)			20		21,358
5.625%, 1/15/28(8)			958		1,024,890
				$	1,540,657
Food Service — 0.0%(10)
Yum! Brands, Inc.
4.75%, 1/15/30(8)			142	$	147,329
				$	147,329
Food / Drug Retailers — 0.1%
Fresh Market, Inc. (The)
9.75%, 5/1/23(8)			1,300	$	741,000
				$	741,000
Health Care — 1.0%
Avantor, Inc.
6.00%, 10/1/24(8)			1,425	$	1,530,079
Centene Corp.
4.75%, 5/15/22			20		20,450
Eagle Holding Co. II, LLC
7.75%, (7.75% cash or 8.50% PIK), 5/15/22(8)(9)			958		975,956
HCA Healthcare, Inc.
6.25%, 2/15/21			90		94,478
HCA, Inc.
5.875%, 2/15/26			25		28,282
5.375%, 9/1/26			958		1,063,404

Security	Principal Amount* (000’s omitted)		Value
Health Care (continued)
Hologic, Inc.
4.375%, 10/15/25(8)		30	$	30,975
RegionalCare Hospital Partners Holdings, Inc.
8.25%, 5/1/23(8)		1,850		1,966,781
Tenet Healthcare Corp.
8.125%, 4/1/22		45		49,275
6.75%, 6/15/23		10		10,825
			$	5,770,505
Insurance — 0.2%
AssuredPartners, Inc.
7.00%, 8/15/25(8)		958	$	957,990
			$	957,990
Internet Software & Services — 0.1%
Netflix, Inc.
5.50%, 2/15/22		45	$	47,643
5.875%, 2/15/25		55		60,376
5.375%, 11/15/29(8)		240		253,230
Riverbed Technology, Inc.
8.875%, 3/1/23(8)		33		15,180
			$	376,429
Leisure Goods / Activities / Movies — 0.3%
Mattel, Inc.
6.75%, 12/31/25(8)		726	$	762,300
Sabre GLBL, Inc.
5.375%, 4/15/23(8)		25		25,687
5.25%, 11/15/23(8)		40		41,100
Viking Cruises, Ltd.
6.25%, 5/15/25(8)		45		47,044
5.875%, 9/15/27(8)		958		1,027,285
			$	1,903,416
Lodging and Casinos — 0.7%
Caesars Resort Collection, LLC/CRC Finco, Inc.
5.25%, 10/15/25(8)		958	$	992,450
ESH Hospitality, Inc.
5.25%, 5/1/25(8)		35		36,225
4.625%, 10/1/27(8)		91		91,666
Golden Nugget, Inc.
8.75%, 10/1/25(8)		503		534,432

24 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Security	Principal Amount* (000’s omitted)		Value
Lodging and Casinos (continued)
MGM Growth Properties Operating Partnership, L.P./MGP FinanceCo-Issuer, Inc.
5.625%, 5/1/24		15	$	16,538
MGM Resorts International
6.625%, 12/15/21		90		98,078
7.75%, 3/15/22		25		28,094
RHP Hotel Properties, L.P./RHP Finance Corp.
5.00%, 4/15/23		30		30,762
Stars Group Holdings B.V./Stars Group US Co-Borrower, LLC
7.00%, 7/15/26(8)		958		1,036,865
Wynn Las Vegas, LLC/Wynn Las Vegas Capital Corp.
5.25%, 5/15/27(8)		958		999,912
Wynn Resorts Finance, LLC/Wynn Resorts Capital Corp.
5.125%, 10/1/29(8)		88		93,335
			$	3,958,357
Nonferrous Metals / Minerals — 0.0%(10)
New Gold, Inc.
6.25%, 11/15/22(8)		12	$	11,970
			$	11,970
Oil and Gas — 1.3%
Antero Resources Corp.
5.375%, 11/1/21		100	$	92,600
5.625%, 6/1/23		5		3,550
Ascent Resources Utica Holdings, LLC/ARU Finance Corp.
10.00%, 4/1/22(8)		958		922,069
Centennial Resource Production, LLC
6.875%, 4/1/27(8)		958		936,380
CITGO Petroleum Corp.
6.25%, 8/15/22(8)		775		785,651
CVR Refining, LLC/Coffeyville Finance, Inc.
6.50%, 11/1/22		130		131,949
Energy Transfer Operating, L.P.
5.875%, 1/15/24		35		38,568
Hilcorp Energy I, L.P./Hilcorp Finance Co.
6.25%, 11/1/28(8)		958		808,626
Neptune Energy Bondco PLC
6.625%, 5/15/25(8)		1,065		1,063,711
Newfield Exploration Co.
5.625%, 7/1/24		130		141,956

Security	Principal Amount* (000’s omitted)		Value
Oil and Gas (continued)
Parsley Energy, LLC/Parsley Finance Corp.
5.25%, 8/15/25(8)		15	$	15,274
5.625%, 10/15/27(8)		288		298,447
PBF Logistics, L.P./PBF Logistics Finance Corp.
6.875%, 5/15/23		50		51,642
Precision Drilling Corp.
6.50%, 12/15/21		1,307		1,300,540
Seven Generations Energy, Ltd.
6.75%, 5/1/23(8)		65		67,058
6.875%, 6/30/23(8)		30		30,837
Tervita Corp.
7.625%, 12/1/21(8)		977		979,091
Williams Cos., Inc. (The)
4.55%, 6/24/24		5		5,354
			$	7,673,303
Radio and Television — 0.3%
iHeartCommunications, Inc.
6.375%, 5/1/26		208	$	224,631
8.375%, 5/1/27		376		411,077
Nielsen Co. Luxembourg S.a.r.l. (The)
5.50%, 10/1/21(8)		35		35,122
Sirius XM Radio, Inc.
5.00%, 8/1/27(8)		958		1,010,714
Univision Communications, Inc.
6.75%, 9/15/22(8)		270		274,134
			$	1,955,678
Retailers (Except Food and Drug) — 0.0%(10)
Party City Holdings, Inc.
6.125%, 8/15/23(8)		17	$	13,055
6.625%, 8/1/26(8)		181		109,020
			$	122,075
Road & Rail — 0.0%(10)
Watco Cos., LLC/Watco Finance Corp.
6.375%, 4/1/23(8)		45	$	45,862
			$	45,862
Software and Services — 0.0%(10)
IHS Markit, Ltd.
5.00%, 11/1/22(8)		60	$	63,989
			$	63,989

25 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Security	Principal Amount* (000’s omitted)		Value
Steel — 0.2%
Allegheny Technologies, Inc.
7.875%, 8/15/23		1,065	$	1,186,133
			$	1,186,133
Surface Transport — 0.2%
DAE Funding, LLC
5.00%, 8/1/24(8)		958	$	1,003,495
XPO Logistics, Inc.
6.50%, 6/15/22(8)		56		57,448
			$	1,060,943
Telecommunications — 0.9%
CenturyLink, Inc.
6.75%, 12/1/23		40	$	44,600
CommScope Technologies, LLC
6.00%, 6/15/25(8)		29		28,058
5.00%, 3/15/27(8)		963		847,483
Digicel International Finance, Ltd./Digicel Holdings Bermuda, Ltd.
8.75%, 5/25/24(8)		600		574,251
Hughes Satellite Systems Corp.
6.625%, 8/1/26		958		1,054,133
Intelsat Jackson Holdings S.A.
5.50%, 8/1/23		25		19,930
8.50%, 10/15/24(8)		490		404,250
Level 3 Financing, Inc.
5.375%, 1/15/24		25		25,479
Sprint Communications, Inc.
7.00%, 8/15/20		149		152,800
6.00%, 11/15/22		5		5,275
Sprint Corp.
7.25%, 9/15/21		230		244,432
7.875%, 9/15/23		1,423		1,567,968
7.625%, 2/15/25		354		388,621
T-Mobile USA, Inc.
6.375%, 3/1/25		35		36,400
6.50%, 1/15/26		110		117,978
			$	5,511,658
Utilities — 0.4%
Calpine Corp.
5.25%, 6/1/26(8)		2,108	$	2,208,030

Security	Principal Amount* (000’s omitted)		Value
Utilities (continued)
Vistra Energy Corp.
8.125%, 1/30/26(8)		25	$	26,875
			$	2,234,905
Total Corporate Bonds & Notes (identified cost $65,323,149)			$	65,970,300
Asset-Backed Securities — 4.9%
Security	Principal Amount (000’s omitted)		Value
Ares LII CLO, Ltd.
Series2019-52A, Class E, 8.503%, (3 mo. USD LIBOR + 6.55%), 4/22/31(8)(11)	$	500	$	493,713
Ares XXXIIR CLO, Ltd.
Series 2014-32RA, Class D, 7.76%, (3 mo. USD LIBOR + 5.85%), 5/15/30(8)(11)		2,000		1,852,981
Bardot CLO, Ltd.
Series2019-2A, Class E, 8.816%, (3 mo. USD LIBOR + 6.95%), 10/22/32(8)(11)		1,000		969,146
Benefit Street Partners CLO XVII, Ltd.
Series2019-17A, Class E, 8.601%, (3 mo. USD LIBOR + 6.60%), 7/15/32(8)(11)		1,000		949,611
Benefit Street Partners CLO XVIII, Ltd.
Series2019-18A, Class E, 8.809%, (3 mo. USD LIBOR + 6.90%), 10/15/32(8)(11)		1,000		975,878
BlueMountain CLO XXV, Ltd.
Series2019-25A, Class E, 8.986%, (3 mo. USD LIBOR + 6.70%), 7/15/32(8)(11)		1,000		965,569
BlueMountain CLO XXVI, Ltd.
Series2019-26A, Class E, 9.526%, (3 mo. USD LIBOR + 7.70%), 10/20/32(8)(11)		1,500		1,484,537
Canyon Capital CLO, Ltd.
Series2019-2A, Class E, 9.238%, (3 mo. USD LIBOR + 7.15%), 10/15/32(8)(11)		400		391,758
Carlyle Global Market Strategies CLO, Ltd.
Series2012-3A, Class DR2, 8.486%, (3 mo. USD LIBOR + 6.50%), 1/14/32(8)(11)		1,200		1,069,349
Series2015-5A, Class DR, 8.666%, (3 mo. USD LIBOR + 6.70%), 1/20/32(8)(11)		500		458,471
Cedar Funding X CLO, Ltd.
Series2019-10A, Class E, 9.131%, (3 mo. USD LIBOR + 7.00%), 10/20/32(8)(11)		1,000		995,496
Dryden 40 Senior Loan Fund
Series2015-40A, Class ER, 7.66%, (3 mo. USD LIBOR + 5.75%), 8/15/31(8)(11)		1,000		921,987

26 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Security	Principal Amount (000’s omitted)		Value
Fort Washington CLO, Ltd.
Series2019-1A, Class E, 9.158%, (3 mo. USD LIBOR + 7.25%), 10/20/32(8)(11)	$	1,000	$	956,403
Galaxy XV CLO, Ltd.
Series2013-15A, Class ER, 8.646%, (3 mo. USD LIBOR + 6.65%), 10/15/30(8)(11)		1,000		885,525
Galaxy XXI CLO, Ltd.
Series2015-21A, Class ER, 7.216%, (3 mo. USD LIBOR + 5.25%), 4/20/31(8)(11)		1,000		888,503
Galaxy XXV CLO, Ltd.
Series2018-25A, Class E, 7.89%, (3 mo. USD LIBOR + 5.95%), 10/25/31(8)(11)		250		234,686
Golub Capital Partners CLO, Ltd.
Series2015-23A, Class ER, 7.716%, (3 mo. USD LIBOR + 5.75%), 1/20/31(8)(11)		1,200		1,029,406
Kayne CLO, Ltd.
Series2019-5A, Class E, 8.881%, (3 mo. USD LIBOR + 6.70%), 7/24/32(8)(11)		1,000		937,214
Madison Park Funding XXXVII, Ltd.
Series2019-37A, Class E, 8.853%, (3 mo. USD LIBOR + 6.55%), 7/15/32(8)(11)		1,000		962,016
Neuberger Berman Loan Advisers CLO 31, Ltd.
Series2019-31A, Class E, 8.716%, (3 mo. USD LIBOR + 6.75%), 4/20/31(8)(11)		600		598,899
Neuberger Berman Loan Advisers CLO 33, Ltd.
Series2019-33A, Class E, 8.94%, (3 mo. USD LIBOR + 6.80%), 10/16/32(8)(11)		1,000		984,487
Palmer Square CLO, Ltd.
Series2013-2A, Class DRR, 7.852%, (3 mo. USD LIBOR + 5.85%), 10/17/31(8)(11)		900		859,675
Series2015-2A, Class DR, 8.466%, (3 mo. USD LIBOR + 6.50%), 7/20/30(8)(11)		1,200		1,197,405
Series2019-1A, Class D, 8.935%, (3 mo. USD LIBOR + 7.00%), 11/14/32(8)(11)		1,000		978,898
Regatta XII Funding, Ltd.
Series2019-1A, Class E, 8.851%, (3 mo. USD LIBOR + 6.85%), 10/15/32(8)(11)		500		492,328
Regatta XVI Funding, Ltd.
Series2019-2A, Class E, (3 mo. USD LIBOR + 7.00%), 1/15/33(8)(14)		750		735,375
Southwick Park CLO, LLC
Series2019-4A, Class E, 8.866%, (3 mo. USD LIBOR + 6.70%), 7/20/32(8)(11)		2,000		1,927,308
Vibrant CLO X, Ltd.
Series2018-10A, Class D, 8.156%, (3 mo. USD LIBOR + 6.19%), 10/20/31(8)(11)		850		727,187
Vibrant CLO XI, Ltd.
Series2019-11A, Class D, 8.869%, (3 mo. USD LIBOR + 6.77%), 7/20/32(8)(11)		1,000		948,918

Security	Principal Amount (000’s omitted)		Value
Voya CLO, Ltd.
Series2013-1A, Class DR, 8.481%, (3 mo. USD LIBOR + 6.48%), 10/15/30(8)(11)	$	2,000	$	1,818,192
Total Asset-Backed Securities (identified cost $29,919,249)			$	28,690,921
Common Stocks — 1.4%
Security	Shares		Value
Aerospace and Defense — 0.1%
IAP Global Services, LLC(3)(15)(16)		58	$	757,257
			$	757,257
Automotive — 0.1%
Dayco Products, LLC(15)(16)		20,780	$	436,380
			$	436,380
Business Equipment and Services — 0.0%(10)
Crossmark Holdings, Inc.(15)(16)		3,740	$	188,870
			$	188,870
Chemicals and Plastics — 0.1%
Hexion Holdings Corp., Class B(15)(16)		40,989	$	432,434
			$	432,434
Electronics / Electrical — 0.0%(10)
Answers Corp.(3)(15)		96,908	$	189,940
			$	189,940
Health Care — 0.0%
New Millennium Holdco, Inc.(3)(15)(16)		68,551	$	0
			$	0
Oil and Gas — 0.5%
AFG Holdings, Inc.(3)(15)(16)		30,640	$	1,319,358
Fieldwood Energy, Inc.(15)(16)		19,189		492,518
Nine Point Energy Holdings, Inc.(3)(16)(17)		758		8
Samson Resources II, LLC, Class A(15)		46,484		976,164
Southcross Holdings Group, LLC(3)(15)(16)		67		0
Southcross Holdings L.P., Class A(15)(16)		67		25,594
			$	2,813,642

27 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

Security	Shares		Value
Publishing — 0.3%
ION Media Networks, Inc.(3)(15)		4,429	$	1,878,516
Tweddle Group, Inc.(3)(15)(16)		1,944		1,439
			$	1,879,955
Radio and Television — 0.3%
Clear Channel Outdoor Holdings, Inc.(15)(16)		86,335	$	214,111
Cumulus Media, Inc., Class A(15)(16)		42,499		736,933
iHeartMedia, Inc., Class A(15)(16)		36,714		565,028
			$	1,516,072
Retailers (Except Food and Drug) — 0.0%(10)
David’s Bridal, Inc.(15)(16)		19,732	$	1,085
			$	1,085
Total Common Stocks (identified cost $7,147,582)			$	8,215,635
Convertible Preferred Stocks — 0.0%(10)
Security	Shares		Value
Oil and Gas — 0.0%(10)
Nine Point Energy Holdings, Inc., Series A, 12.00%(3)(16)(17)		14	$	8,089
Total Convertible Preferred Stocks (identified cost $14,000)			$	8,089
Closed-End Funds — 1.9%
Security	Shares		Value
BlackRock Floating Rate Income Strategies Fund, Inc.		111,292	$	1,437,893
Invesco Senior Income Trust		538,147		2,254,836
Nuveen Credit Strategies Income Fund		406,731		3,017,944
Nuveen Floating Rate Income Fund		164,907		1,569,914
Nuveen Floating Rate Income Opportunity Fund		115,017		1,094,962
Voya Prime Rate Trust		441,753		2,133,667
TotalClosed-End Funds (identified cost $13,551,541)			$	11,509,216

Miscellaneous — 0.0%(10)
Security	Shares		Value
Oil and Gas — 0.0%(10)
Paragon Offshore Finance Company, Class A(15)(16)		1,707	$	853
Paragon Offshore Finance Company, Class B(15)(16)		854		19,642
Total Miscellaneous (identified cost $18,573)			$	20,495
Short-Term Investments — 3.1%
Description	Units		Value
Eaton Vance Cash Reserves Fund, LLC, 1.82%(18)		18,381,797	$	18,381,797
Total Short-Term Investments (identified cost $18,381,240)			$	18,381,797
Total Investments — 156.0% (identified cost $959,635,869)			$	923,919,496
Less Unfunded Loan Commitments — (0.3)%			$	(1,375,272	)
Net Investments — 155.7% (identified cost $958,260,597)			$	922,544,224
Notes Payable — (40.5)%			$	(240,000,000	)
Variable Rate Term Preferred Shares, at Liquidation Value (net of unamortized deferred debt issuance costs) — (13.5)%			$	(79,865,855	)
Other Assets, Less Liabilities — (1.7)%			$	(10,339,055	)
Net Assets Applicable to Common Shares — 100.0%			$	592,339,314

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⁾ 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 London Interbank Offered Rate (“LIBOR”) 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.

⁽²⁾ Unfunded or partially unfunded loan commitments. 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 November 30, 2019, the total value of unfunded loan commitments is $1,374,567. See Note 1F for description.

28 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) — continued

⁽³⁾ For fair value measurement disclosure purposes, security is categorized as Level 3 (see Note 13).

⁽⁴⁾ The stated interest rate represents the weighted average interest rate at November 30, 2019 of contracts within the senior loan facility. Interest rates on contracts are primarily redetermined either weekly, monthly or quarterly by reference to the indicated base lending rate and spread and the reset period.

⁽⁵⁾ This Senior Loan will settle after November 30, 2019, at which time the interest rate will be determined.

⁽⁶⁾ Issuer is in default with respect to interest and/or principal payments. For a variable rate security, interest rate has been adjusted to reflectnon-accrual status.

⁽⁷⁾ Fixed-rate loan.

⁽⁸⁾ Security exempt from registration pursuant to Rule 144A under 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 November 30, 2019, the aggregate value of these securities is $76,027,438 or 12.8% of the Trust’s net assets applicable to common shares.

⁽⁹⁾ Represents apayment-in-kind security which may pay interest in additional principal at the issuer’s discretion.

⁽¹⁰⁾ Amount is less than 0.05%.

⁽¹¹⁾ Variable rate security. The stated interest rate represents the rate in effect at November 30, 2019.

⁽¹²⁾ Security converts to variable rate after the indicated fixed-rate coupon period.

⁽¹³⁾ Perpetual security with no stated maturity date but may be subject to calls by the issuer.

⁽¹⁴⁾ When-issued, variable rate security whose interest rate will be determined after November 30, 2019.

⁽¹⁵⁾ Security was acquired in connection with a restructuring of a Senior Loan and may be subject to restrictions on resale.

⁽¹⁶⁾ Non-income producing security.

⁽¹⁷⁾ Restricted security (see Note 7).

⁽¹⁸⁾ Affiliated investment company, available to Eaton Vance portfolios and funds, which invests in high quality, U.S. dollar denominated money market instruments. The rate shown is the annualizedseven-day yield as of November 30, 2019.

Forward Foreign Currency Exchange Contracts
Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation		Unrealized (Depreciation)
EUR	2,200,000	USD	2,439,123	State Street Bank and Trust Company		12/30/19	$	—	$	(9,918	)
USD	19,374,722	EUR	17,616,026	HSBC Bank USA, N.A.		12/30/19		—		(76,612	)
USD	807,301	EUR	725,000	HSBC Bank USA, N.A.		12/30/19		6,768		—
USD	588,463	EUR	525,000	State Street Bank and Trust Company		12/30/19		8,767		—
USD	18,095,478	EUR	16,182,178	Goldman Sachs International		1/31/20		189,716		—
USD	1,600,922	GBP	1,240,552	State Street Bank and Trust Company		1/31/20		—		(7,044	)
USD	18,002,121	EUR	16,229,532	State Street Bank and Trust Company		2/28/20		12,604		—
							$	217,855	$	(93,574	)

Abbreviations:

DIP	–	Debtor In Possession
EURIBOR	–	Euro Interbank Offered Rate
LIBOR	–	London Interbank Offered Rate
PIK	–	Payment In Kind

Currency Abbreviations:

EUR	–	Euro
GBP	–	British Pound Sterling
USD	–	United States Dollar

29 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Statement of Assets and Liabilities (Unaudited)

Assets	November 30, 2019
Unaffiliated investments, at value (identified cost, $939,879,357)	$	904,162,427
Affiliated investment, at value (identified cost, $18,381,240)		18,381,797
Cash		5,109,458
Deposits for derivatives collateral — forward foreign currency exchange contracts		169,290
Foreign currency, at value (identified cost, $68,797)		68,849
Interest and dividends receivable		4,021,720
Dividends receivable from affiliated investment		21,604
Receivable for investments sold		750,004
Receivable for open forward foreign currency exchange contracts		217,855
Prepaid upfront fees on notes payable and variable rate term preferred shares		158,230
Prepaid expenses		65,846
Total assets	$	933,127,080
Liabilities
Notes payable	$	240,000,000
Variable rate term preferred shares, at liquidation value (net of unamortized deferred debt issuance costs of $134,145)		79,865,855
Cash collateral due to broker		120,000
Payable for investments purchased		18,022,628
Payable for when-issued securities		735,000
Payable for open forward foreign currency exchange contracts		93,574
Payable to affiliates:
Investment adviser fee		560,900
Trustees’ fees		7,514
Interest expense and fees payable		1,067,925
Accrued expenses		314,370
Total liabilities	$	340,787,766
Net assets applicable to common shares	$	592,339,314
Sources of Net Assets
Common shares, $0.01 par value, unlimited number of shares authorized, 39,863,690 shares issued and outstanding	$	398,637
Additionalpaid-in capital		624,404,210
Accumulated loss		(32,463,533	)
Net assets applicable to common shares	$	592,339,314
Net Asset Value Per Common Share
($592,339,314 ÷ 39,863,690 common shares issued and outstanding)	$	14.86

30 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Statement of Operations (Unaudited)

Investment Income	Six Months Ended November 30, 2019
Interest and other income	$	26,306,425
Dividends		1,551,159
Dividends from affiliated investment		167,030
Total investment income	$	28,024,614
Expenses
Investment adviser fee	$	3,478,214
Trustees’ fees and expenses		21,810
Custodian fee		107,471
Transfer and dividend disbursing agent fees		10,140
Printing and postage		34,415
Interest expense and fees		5,727,660
Miscellaneous		52,714
Total expenses	$	9,432,424
Net investment income	$	18,592,190
Realized and Unrealized Gain (Loss)
Net realized gain (loss) —
Investment transactions	$	(3,161,442	)
Investment transactions — affiliated investment		(1,108	)
Foreign currency transactions		207,567
Forward foreign currency exchange contracts		1,710,768
Net realized loss	$	(1,244,215	)
Change in unrealized appreciation (depreciation) —
Investments	$	(12,373,291	)
Investments — affiliated investment		516
Foreign currency		3,067
Forward foreign currency exchange contracts		(230,812	)
Net change in unrealized appreciation (depreciation)	$	(12,600,520	)
Net realized and unrealized loss	$	(13,844,735	)
Net increase in net assets from operations	$	4,747,455

31 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Statements of Changes in Net Assets

Increase (Decrease) in Net Assets	Six Months Ended November 30, 2019 (Unaudited)			Year Ended May 31, 2019
From operations —
Net investment income	$	18,592,190		$	33,780,998
Net realized gain (loss)		(1,244,215	)		7,994,927
Net change in unrealized appreciation (depreciation)		(12,600,520	)		(22,768,965	)
Net increase in net assets from operations	$	4,747,455		$	19,006,960
Distributions to common shareholders	$	(18,815,662	)	$	(34,840,865	)
Net decrease in net assets	$	(14,068,207	)	$	(15,833,905	)
Net Assets Applicable to Common Shares
At beginning of period	$	606,407,521		$	622,241,426
At end of period	$	592,339,314		$	606,407,521

32 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Statement of Cash Flows (Unaudited)

Cash Flows From Operating Activities	Six Months Ended November 30, 2019
Net increase in net assets from operations	$	4,747,455
Adjustments to reconcile net increase in net assets from operations to net cash provided by operating activities:
Investments purchased		(154,522,841	)
Investments sold and principal repayments		171,435,160
Increase in short-term investments, net		(10,434,129	)
Net amortization/accretion of premium (discount)		171,532
Amortization of deferred debt issuance costs on variable rate term preferred shares		14,981
Amortization of prepaid upfront fees on notes payable and variable rate term preferred shares		121,297
Increase in interest and dividends receivable		(782,635	)
Increase in dividends receivable from affiliated investment		(5,336	)
Decrease in receivable for open forward foreign currency exchange contracts		174,851
Decrease in prepaid expenses		6,281
Increase in cash collateral due to broker		120,000
Increase in payable for open forward foreign currency exchange contracts		55,961
Decrease in payable to affiliate for investment adviser fee		(34,916	)
Decrease in payable to affiliate for Trustees’ fees		(969	)
Decrease in interest expense and fees payable		(224,113	)
Increase in accrued expenses		174,511
Increase in unfunded loan commitments		1,082,552
Net change in unrealized (appreciation) depreciation from investments		12,372,775
Net realized loss from investments		3,162,550
Net cash provided by operating activities	$	27,634,967
Cash Flows From Financing Activities
Cash distributions paid to common shareholders	$	(18,815,662	)
Proceeds from notes payable		22,000,000
Repayments of notes payable		(30,000,000	)
Payment of deferred debt issuance costs on variable rate term preferred shares		(14,500	)
Net cash used in financing activities	$	(26,830,162	)
Net increase in cash and restricted cash*	$	804,805
Cash and restricted cash at beginning of period (including foreign currency)	$	4,542,792
Cash and restricted cash at end of period (including foreign currency)	$	5,347,597
Supplemental disclosure of cash flow information:
Cash paid for interest and fees on borrowings and variable rate term preferred shares	$	5,829,995

* Includes net change in unrealized appreciation (depreciation) on foreign currency of $(1,809).

33 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Statement of Cash Flows (Unaudited) — continued

The following table provides a reconciliation of cash and restricted cash reported within the Statement of Assets and Liabilities that sum to the total of such amounts shown on the Statement of Cash Flows.

	November 30, 2019
Cash	$	5,109,458
Deposits for derivatives collateral — forward foreign currency exchange contracts		169,290
Foreign currency		68,849
Total cash and restricted cash as shown on the Statement of Cash Flows	$	5,347,597

34 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Financial Highlights

Selected data for a common share outstanding during the periods stated

	Six Months Ended November 30, 2019 (Unaudited)			Year Ended May 31,
				2019			2018			2017			2016			2015
Net asset value — Beginning of period (Common shares)	$	15.210		$	15.610		$	15.570		$	14.680		$	15.640		$	16.080
Income (Loss) From Operations
Net investment income(1)	$	0.466		$	0.847		$	0.792		$	0.864		$	0.908		$	0.882
Net realized and unrealized gain (loss)		(0.344	)		(0.373	)		0.076			0.899			(0.964	)		(0.431	)
Total income (loss) from operations	$	0.122		$	0.474		$	0.868		$	1.763		$	(0.056	)	$	0.451
Less Distributions to Common Shareholders
From net investment income	$	(0.472	)	$	(0.874	)	$	(0.828	)	$	(0.873	)	$	(0.904	)	$	(0.891	)
Total distributions to common shareholders	$	(0.472	)	$	(0.874	)	$	(0.828	)	$	(0.873	)	$	(0.904	)	$	(0.891	)
Net asset value — End of period (Common shares)	$	14.860		$	15.210		$	15.610		$	15.570		$	14.680		$	15.640
Market value — End of period (Common shares)	$	13.280		$	13.480		$	14.850		$	15.150		$	13.560		$	14.360
Total Investment Return on Net Asset Value(2)		1.21	%(3)		3.77	%		6.03	%		12.65	%		0.46	%		3.43	%
Total Investment Return on Market Value(2)		2.06	%(3)		(3.32	)%		3.67	%		18.58	%		1.14	%		0.59	%

35 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Financial Highlights — continued

Selected data for a common share outstanding during the periods stated

	Six Months Ended November 30, 2019 (Unaudited)			Year Ended May 31,
Ratios/Supplemental Data				2019			2018			2017			2016			2015
Net assets applicable to common shares, end of period (000’s omitted)	$	592,339		$	606,408		$	622,241		$	620,772		$	585,101		$	623,439
Ratios (as a percentage of average daily net assets applicable to common shares):†
Expenses excluding interest and fees(4)		1.23	%(5)		1.28	%		1.28	%		1.32	%		1.36	%		1.37	%
Interest and fee expense(6)		1.91	%(5)		2.00	%		1.52	%		1.16	%		0.93	%		0.80	%
Total expenses(4)		3.14	%(5)		3.28	%		2.80	%		2.48	%		2.29	%		2.17	%
Net investment income		6.19	%(5)		5.49	%		5.09	%		5.68	%		6.22	%		5.60	%
Portfolio Turnover		18	%(3)		24	%		34	%		47	%		29	%		32	%
Senior Securities:
Total notes payable outstanding (in 000’s)	$	240,000		$	248,000		$	254,000		$	246,000		$	232,000		$	290,000
Asset coverage per $1,000 of notes payable(7)	$	3,801		$	3,768		$	3,765		$	3,849		$	3,867		$	3,426
Total preferred shares outstanding		800			800			800			800			800			800
Asset coverage per preferred share(8)	$	285,106		$	284,880		$	286,300		$	290,421		$	287,532		$	268,497
Involuntary liquidation preference per preferred share(9)	$	100,000		$	100,000		$	100,000		$	100,000		$	100,000		$	100,000
Approximate market value per preferred share(9)	$	100,000		$	100,000		$	100,000		$	100,000		$	100,000		$	100,000

⁽¹⁾  Computed using average common shares outstanding.

⁽²⁾ Returns are historical and are calculated by determining the percentage change in net asset value or market value with all distributions reinvested. Distributions are assumed to be reinvested at prices obtained under the Trust’s dividend reinvestment plan.

⁽³⁾ Not annualized.

⁽⁴⁾ Excludes the effect of custody fee credits, if any, of less than 0.005%. Effective September 1, 2015, custody fee credits, which were earned on cash deposit balances, were discontinued by the custodian.

⁽⁵⁾ Annualized.

⁽⁶⁾ Interest and fee expense relates to variable rate term preferred shares (see Note 2) and the notes payable (see Note 9).

⁽⁷⁾ Calculated by subtracting the Trust’s total liabilities (not including the notes payable and preferred shares) from the Trust’s total assets, and dividing the result by the notes payable balance in thousands.

⁽⁸⁾ Calculated by subtracting the Trust’s total liabilities (not including the notes payable and preferred shares) from the Trust’s total assets, dividing the result by the sum of the value of the notes payable and liquidation value of the preferred shares, and multiplying the result by the liquidation value of one preferred share. Such amount equates to 285%, 285%, 286%, 290%, 288% and 268% at November 30, 2019 and May 31, 2019, 2018, 2017, 2016 and 2015, respectively.

⁽⁹⁾ Plus accumulated and unpaid dividends.

† Ratios based on net assets applicable to common shares plus preferred shares and borrowings are presented below. Ratios exclude the effect of custody fee credits, if any. Ratios for periods less than one year are annualized.

	Six Months Ended November 30, 2019 (Unaudited)			Year Ended May 31,
				2019			2018			2017			2016			2015
Expenses excluding interest and fees		0.79	%		0.83	%		0.83	%		0.86	%		0.86	%		0.85	%
Interest and fee expense		1.24	%		1.31	%		1.00	%		0.76	%		0.58	%		0.50	%
Total expenses		2.03	%		2.14	%		1.83	%		1.62	%		1.44	%		1.35	%
Net investment income		4.01	%		3.58	%		3.33	%		3.72	%		3.90	%		3.50	%

36 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Notes to Financial Statements (Unaudited)

1  Significant Accounting Policies

Eaton Vance Floating-Rate Income Trust (the Trust) is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as a diversified,closed-end management investment company. The Trust’s investment objective is to provide a high level of current income. The Trust will, as a secondary objective, also seek preservation of capital to the extent consistent with its primary goal of high current income.

The following is a summary of significant accounting policies of the Trust. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Trust is an investment company and follows accounting and reporting guidance in the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946.

A  Investment Valuation — The following methodologies are used to determine the market value or fair value of investments.

Senior Floating-Rate Loans. Interests in senior floating-rate loans (Senior Loans) for which reliable market quotations are readily available are valued generally at the average mean of bid and ask quotations obtained from a third party pricing service. Other Senior Loans are valued at fair value by the investment adviser under procedures approved by the Trustees. In fair valuing a Senior Loan, the investment adviser utilizes one or more of the valuation techniques described in (i) through (iii) below to assess the likelihood that the borrower will make a full repayment of the loan underlying such Senior Loan relative to yields on other Senior Loans issued by companies of comparable credit quality. If the investment adviser believes that there is a reasonable likelihood of full repayment, the investment adviser will determine fair value using a matrix pricing approach that considers the yield on the Senior Loan. If the investment adviser believes there is not a reasonable likelihood of full repayment, the investment adviser will determine fair value using analyses that include, but are not limited to: (i) a comparison of the value of the borrower’s outstanding equity and debt to that of comparable public companies; (ii) a discounted cash flow analysis; or (iii) when the investment adviser believes it is likely that a borrower will be liquidated or sold, an analysis of the terms of such liquidation or sale. In certain cases, the investment adviser will use a combination of analytical methods to determine fair value, such as when only a portion of a borrower’s assets are likely to be sold. In conducting its assessment and analyses for purposes of determining fair value of a Senior Loan, the investment adviser will use its discretion and judgment in considering and appraising relevant factors. Fair value determinations are made by the portfolio managers of the Trust based on information available to such managers. The portfolio managers of other funds managed by the investment adviser that invest in Senior Loans may not possess the same information about a Senior Loan borrower as the portfolio managers of the Trust. At times, the fair value of a Senior Loan determined by the portfolio managers of other funds managed by the investment adviser that invest in Senior Loans may vary from the fair value of the same Senior Loan determined by the portfolio managers of the Trust. The fair value of each Senior Loan is periodically reviewed and approved by the investment adviser’s Valuation Committee and by the Trustees based upon procedures approved by the Trustees. Junior Loans (i.e., subordinated loans and second lien loans) are valued in the same manner as Senior Loans.

Debt Obligations. Debt obligations are generally valued on the basis of valuations provided by third party pricing services, as derived from such services’ pricing models. Inputs to the models may include, but are not limited to, reported trades, executable bid and ask prices, broker/dealer quotations, prices or yields of securities with similar characteristics, interest rates, anticipated prepayments, benchmark curves or information pertaining to the issuer, as well as industry and economic events. The pricing services may use a matrix approach, which considers information regarding securities with similar characteristics to determine the valuation for a security.Short-term debt obligations purchased with a remaining maturity of sixty days or less for which a valuation from a third party pricing service is not readily available may be valued at amortized cost, which approximates fair value.

Equity Securities. Equity securities listed on a U.S. securities exchange generally are valued at the last sale or closing price on the day of valuation or, if no sales took place on such date, at the mean between the closing bid and ask prices on the exchange where such securities are principally traded. Equity securities listed on the NASDAQ Global or Global Select Market generally are valued at the NASDAQ official closing price. Unlisted or listed securities for which closing sales prices or closing quotations are not available are valued at the mean between the latest available bid and ask prices or, in the case of preferred equity securities that are not listed or traded in theover-the-counter market, by a third party pricing service that uses various techniques that consider factors including, but not limited to, prices or yields of securities with similar characteristics, benchmark yields, broker/dealer quotes, quotes of underlying common stock, issuer spreads, as well as industry and economic events.

Derivatives. Forward foreign currency exchange contracts are generally valued at the mean of the average bid and average ask prices that are reported by currency dealers to a third party pricing service at the valuation time. Such third party pricing service valuations are supplied for specific settlement periods and the Trust’s forward foreign currency exchange contracts are valued at an interpolated rate between the closest preceding and subsequent settlement period reported by the third party pricing service.

Foreign Securities and Currencies. Foreign securities and currencies are valued in U.S. dollars, based on foreign currency exchange rate quotations supplied by a third party pricing service. The pricing service uses a proprietary model to determine the exchange rate. Inputs to the model include reported trades and implied bid/ask spreads.

Affiliated Fund. The Trust may invest in Eaton Vance Cash Reserves Fund, LLC (Cash Reserves Fund), an affiliated investment company managed by Eaton Vance Management (EVM). While Cash Reserves Fund is not a registered money market mutual fund, it conducts all of its investment activities in accordance with the requirements of Rule2a-7 under the 1940 Act. Investments in Cash Reserves Fund are valued at the closing net asset value per unit on the valuation day. Cash Reserves Fund generally values its investment securities based on available market quotations provided by a third party pricing service.

Fair Valuation. Investments for which valuations or market quotations are not readily available or are deemed unreliable are valued at fair value using methods determined in good faith by or at the direction of the Trustees of the Trust in a manner that most fairly reflects the security’s “fair value”, which is the amount that the Trust might reasonably expect to receive for the security upon its current sale in the ordinary course. Each such determination is based

37

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Notes to Financial Statements (Unaudited) — continued

on a consideration of relevant factors, which are likely to vary from one pricing context to another. These factors may include, but are not limited to, the type of security, the existence of any contractual restrictions on the security’s disposition, the price and extent of public trading in similar securities of the issuer or of comparable companies or entities, quotations or relevant information obtained from broker/dealers or other market participants, information obtained from the issuer, analysts, and/or the appropriate stock exchange (for exchange-traded securities), an analysis of the company’s or entity’s financial statements, and an evaluation of the forces that influence the issuer and the market(s) in which the security is purchased and sold.

B  Investment Transactions — Investment transactions for financial statement purposes are accounted for on a trade date basis. Realized gains and losses on investments sold are determined on the basis of identified cost.

C  Income — Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount. Fees associated with loan amendments are recognized immediately. Dividend income is recorded on theex-dividend date for dividends received in cash and/or securities. Distributions from investment companies are recorded as dividend income, capital gains or return of capital based on the nature of the distribution.

D  Federal Taxes — The Trust’s policy is to comply with the provisions of the Internal Revenue Code applicable to regulated investment companies and to distribute to shareholders each year substantially all of its net investment income, and all or substantially all of its net realized capital gains. Accordingly, no provision for federal income or excise tax is necessary.

As of November 30, 2019, the Trust had no uncertain tax positions that would require financial statement recognition,de-recognition, or disclosure. The Trust files a U.S. federal income tax return annually after its fiscalyear-end, which is subject to examination by the Internal Revenue Service for a period of three years from the date of filing.

E  Foreign Currency Translation — Investment valuations, other assets, and liabilities initially expressed in foreign currencies are translated each business day into U.S. dollars based upon current exchange rates. Purchases and sales of foreign investment securities and income and expenses denominated in foreign currencies are translated into U.S. dollars based upon currency exchange rates in effect on the respective dates of such transactions. Recognized gains or losses on investment transactions attributable to changes in foreign currency exchange rates are recorded for financial statement purposes as net realized gains and losses on investments. That portion of unrealized gains and losses on investments that results from fluctuations in foreign currency exchange rates is not separately disclosed.

F  Unfunded Loan Commitments — The Trust may enter into certain loan agreements all or a portion of which may be unfunded. The Trust is obligated to fund these commitments at the borrower’s discretion. These commitments are disclosed in the accompanying Portfolio of Investments. At November 30, 2019, the Trust had sufficient cash and/or securities to cover these commitments.

G  Use of Estimates — The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of income and expense during the reporting period. Actual results could differ from those estimates.

H  Indemnifications — Under the Trust’s organizational documents, its officers and Trustees may be indemnified against certain liabilities and expenses arising out of the performance of their duties to the Trust. Under Massachusetts law, if certain conditions prevail, shareholders of a Massachusetts business trust (such as the Trust) could be deemed to have personal liability for the obligations of the Trust. However, the Trust’s Declaration of Trust contains an express disclaimer of liability on the part of Trust shareholders and theBy-laws provide that the Trust shall assume, upon request by the shareholder, the defense on behalf of any Trust shareholders. Moreover, theBy-laws also provide for indemnification out of Trust property of any shareholder held personally liable solely by reason of being or having been a shareholder for all loss or expense arising from such liability. Additionally, in the normal course of business, the Trust enters into agreements with service providers that may contain indemnification clauses. The Trust’s maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Trust that have not yet occurred.

I  Forward Foreign Currency Exchange Contracts — The Trust may enter into forward foreign currency exchange contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. The forward foreign currency exchange contracts are adjusted by the daily exchange rate of the underlying currency and any gains or losses are recorded as unrealized until such time as the contracts have been closed. Risks may arise upon entering these contracts from the potential inability of counterparties to meet the terms of their contracts and from movements in the value of a foreign currency relative to the U.S. dollar.

J  When-Issued Securities and Delayed Delivery Transactions — The Trust may purchase or sell securities on a delayed delivery or when-issued basis. Payment and delivery may take place after the customary settlement period for that security. At the time the transaction is negotiated, the price of the security that will be delivered is fixed. The Trust maintains cash and/or security positions for these commitments such that sufficient liquid assets will be available to make payments upon settlement. Securities purchased on a delayed delivery or when-issued basis aremarked-to-market daily and begin earning interest on settlement date. Losses may arise due to changes in the market value of the underlying securities or if the counterparty does not perform under the contract.

K  Interim Financial Statements — The interim financial statements relating to November 30, 2019 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Trust’s management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

38

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Notes to Financial Statements (Unaudited) — continued

2  Variable Rate Term Preferred Shares

Variable rate term preferred shares are a form of preferred shares that represent stock of the Trust. They have a par value of $0.01 per share and a liquidation preference of $100,000 per share.

On December 18, 2012, the Trust issued 800 shares of SeriesC-1 Variable Rate Term Preferred Shares (SeriesC-1 VRTP Shares) in a private offering to a commercial paper conduit sponsored by a large financial institution. The Trust used the net proceeds from the issuance to enter into a series of transactions which resulted in a redemption and/or repurchase of its Auction Preferred Shares.

On September 30, 2016, the SeriesC-1 VRTP Shares were transferred to another large financial institution (the Assignee) as permitted by the Trust’sBy-laws. The transferred SeriesC-1 VRTP Shares were then exchanged for an equal number of SeriesL-2 Variable Rate Term Preferred Shares (SeriesL-2 VRTP Shares), and the mandatory redemption date was extended to three years from the date of transfer. Effective January 24, 2019, the mandatory redemption date of the SeriesL-2 VRTP Shares was extended to January 24, 2024. Dividends on the SeriesL-2 VRTP Shares are determined each day based on a spread of 1.75% to three-month LIBOR. Such spread is determined based on the current credit rating of the SeriesL-2 VRTP Shares, which is provided by Moody’s Investors Service.

The SeriesL-2 VRTP Shares are redeemable at the option of the Trust at a redemption price equal to $100,000 per share, plus accumulated and unpaid dividends, on any business day and solely for the purpose of reducing the leverage of the Trust. The SeriesL-2 VRTP Shares are also subject to mandatory redemption at a redemption price equal to $100,000 per share, plus accumulated and unpaid dividends, if the Trust is in default for an extended period on its asset maintenance or leverage ratio requirements with respect to the SeriesL-2 VRTP Shares. Six months prior to the mandatory redemption date, the Trust is required to segregate in a liquidity account with its custodian investments equal to 110% of the SeriesL-2 VRTP Shares’ redemption price, and over thesix-month period execute a series of liquidation transactions to assure sufficient liquidity to redeem the SeriesL-2 VRTP Shares. The holders of the SeriesL-2 VRTP Shares, voting as a class, are entitled to elect two Trustees of the Trust. If the dividends on the SeriesL-2 VRTP Shares remain unpaid in an amount equal to two full years’ dividends, the holders of the SeriesL-2 VRTP Shares as a class have the right to elect a majority of the Board of Trustees.

For financial reporting purposes, the liquidation value of the SeriesL-2 VRTP Shares (net of unamortized deferred debt issuance costs) is presented as a liability on the Statement of Assets and Liabilities and unpaid dividends are included in interest expense and fees payable. Dividends accrued on SeriesL-2 VRTP Shares are treated as interest payments for financial reporting purposes and are included in interest expense and fees on the Statement of Operations.

In connection with the transfer of the SeriesC-1 VRTP Shares to the Assignee on September 30, 2016, the Trust paid an upfront fee of $400,000 and debt issuance costs of $458,267. The Trust paid additional debt issuance costs of $52,580 in connection with the extension of the mandatory redemption date of the SeriesL-2 VRTP Shares. These amounts are being amortized to interest expense and fees through January 24, 2024. The unamortized amount of the debt issuance costs as of November 30, 2019 is presented as a deduction of the liability for variable rate term preferred shares on the Statement of Assets and Liabilities.

The carrying amount of the SeriesL-2 VRTP Shares at November 30, 2019 represents its liquidation value, which approximates fair value. If measured at fair value, the SeriesL-2 VRTP Shares would have been considered as Level 2 in the fair value hierarchy (see Note 13) at November 30, 2019. The average liquidation preference of the SeriesL-2 VRTP Shares during the six months ended November 30, 2019 was $80,000,000.

3  Distributions to Shareholders and Income Tax Information

The Trust intends to make monthly distributions of net investment income to common shareholders, after payment of any dividends on any outstanding variable rate term preferred shares. In addition, at least annually, the Trust intends to distribute all or substantially all of its net realized capital gains. Distributions to common shareholders are recorded on theex-dividend date. Dividends to variable rate term preferred shareholders are accrued daily and payable quarterly. The dividend rate on the SeriesL-2 VRTP Shares at November 30, 2019 was 3.85%. The amount of dividends accrued and the average annual dividend rate of the SeriesL-2 VRTP Shares during the six months ended November 30, 2019 were $1,643,013 and 4.11%, respectively.

Distributions to shareholders are determined in accordance with income tax regulations, which may differ from U.S. GAAP. As required by U.S. GAAP, only distributions in excess of tax basis earnings and profits are reported in the financial statements as a return of capital. Permanent differences between book and tax accounting relating to distributions are reclassified topaid-in capital. For tax purposes, distributions from short-term capital gains are considered to be from ordinary income.

At May 31, 2019, the Trust had a net capital loss of $3,055,653 attributable to security transactions incurred after October 31, 2018 that it has elected to defer. This net capital loss is treated as arising on the first day of the Trust’s taxable year ending May 31, 2020.

39

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Notes to Financial Statements (Unaudited) — continued

The cost and unrealized appreciation (depreciation) of investments, including open derivative contracts, of the Trust at November 30, 2019, as determined on a federal income tax basis, were as follows:

Aggregate cost	$	959,192,223
Gross unrealized appreciation	$	7,958,127
Gross unrealized depreciation		(44,481,845	)
Net unrealized depreciation	$	(36,523,718	)

4  Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by EVM as compensation for management and investment advisory services rendered to the Trust. The fee is computed at an annual rate of 0.75% of the Trust’s average daily gross assets and is payable monthly. Gross assets as referred to herein represent net assets plus obligations attributable to investment leverage. For the six months ended November 30, 2019, the Trust’s investment adviser fee amounted to $3,478,214. The Trust invests its cash in Cash Reserves Fund. EVM does not currently receive a fee for advisory services provided to Cash Reserves Fund. EVM also serves as administrator of the Trust, but receives no compensation.

Trustees and officers of the Trust who are members of EVM’s organization receive remuneration for their services to the Trust out of the investment adviser fee. Trustees of the Trust who are not affiliated with EVM may elect to defer receipt of all or a percentage of their annual fees in accordance with the terms of the Trustees Deferred Compensation Plan. For the six months ended November 30, 2019, no significant amounts have been deferred. Certain officers and Trustees of the Trust are officers of EVM.

5  Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations and including maturities, paydowns and principal repayments on Senior Loans, aggregated $163,911,614 and $170,714,323, respectively, for the six months ended November 30, 2019.

6  Common Shares of Beneficial Interest and Shelf Offering

The Trust may issue common shares pursuant to its dividend reinvestment plan. There were no common shares issued by the Trust for the six months ended November 30, 2019 and the year ended May 31, 2019.

In November 2013, the Board of Trustees initially approved a share repurchase program for the Trust. Pursuant to the reauthorization of the share repurchase program by the Board of Trustees in March 2019, the Trust is authorized to repurchase up to 10% of its common shares outstanding as of the last day of the prior calendar year at market prices when shares are trading at a discount to net asset value. The share repurchase program does not obligate the Trust to purchase a specific amount of shares. There were no repurchases of common shares by the Trust for the six months ended November 30, 2019 and the year ended May 31, 2019.

Pursuant to a registration statement filed with the SEC, the Trust is authorized to issue up to an additional 5,495,789 common shares through an equity shelf offering program (the “shelf offering”). Under the shelf offering, the Trust, subject to market conditions, may raise additional capital from time to time and in varying amounts and offering methods at a net price at or above the Trust’s net asset value per common share. During the six months ended November 30, 2019 and the year ended May 31, 2019, there were no shares sold by the Trust pursuant to its shelf offering.

7  Restricted Securities

At November 30, 2019, the Trust owned the following securities (representing less than 0.01% of net assets applicable to common shares) which were restricted as to public resale and not registered under the Securities Act of 1933 (excluding Rule 144A securities). The Trust has various registration rights

40

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Notes to Financial Statements (Unaudited) — continued

(exercisable under a variety of circumstances) with respect to these securities. The value of these securities is determined based on valuations provided by brokers when available, or if not available, they are valued at fair value using methods determined in good faith by or at the direction of the Trustees.

Description	Date of Acquisition		Shares		Cost		Value
Common Stocks
Nine Point Energy Holdings, Inc.		7/15/14, 10/21/14		758	$	34,722	$	8
Convertible Preferred Stocks
Nine Point Energy Holdings, Inc., Series A, 12.00%		5/26/17		14	$	14,000	$	8,089
Total Restricted Securities					$	48,722	$	8,097

8  Financial Instruments

The Trust may trade in financial instruments withoff-balance sheet risk in the normal course of its investing activities. These financial instruments may include forward foreign currency exchange contracts and may involve, to a varying degree, elements of risk in excess of the amounts recognized for financial statement purposes. The notional or contractual amounts of these instruments represent the investment the Trust has in particular classes of financial instruments and do not necessarily represent the amounts potentially subject to risk. The measurement of the risks associated with these instruments is meaningful only when all related and offsetting transactions are considered. A summary of obligations under these financial instruments at November 30, 2019 is included in the Portfolio of Investments. At November 30, 2019, the Trust had sufficient cash and/or securities to cover commitments under these contracts.

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.

The Trust enters into forward foreign currency exchange contracts that may contain provisions whereby the counterparty may terminate the contract under certain conditions, including but not limited to a decline in the Trust’s net assets below a certain level over a certain period of time, which would trigger a payment by the Trust for those derivatives in a liability position. At November 30, 2019, the fair value of derivatives with credit-related contingent features in a net liability position was $93,574. The aggregate fair value of assets pledged as collateral by the Trust for such liability was $49,290 at November 30, 2019.

Theover-the-counter (OTC) derivatives in which the Trust invests are subject to the risk that the counterparty to the contract fails to perform its obligations under the contract. To mitigate this risk, the Trust has entered into an International Swaps and Derivatives Association, Inc. Master Agreement (“ISDA Master Agreement”) or similar agreement with substantially all its derivative counterparties. An ISDA Master Agreement is a bilateral agreement between the Trust and a counterparty that governs certain OTC derivatives and typically contains, among other things,set-off provisions in the event of a default and/or termination event as defined under the relevant ISDA Master Agreement. Under an ISDA Master Agreement, the Trust may, under certain circumstances, offset with the counterparty certain derivative financial instruments’ payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy or insolvency. Certain ISDA Master Agreements allow counterparties to OTC derivatives to terminate derivative contracts prior to maturity in the event the Trust’s net assets decline by a stated percentage or the Trust fails to meet the terms of its ISDA Master Agreements, which would cause the counterparty to accelerate payment by the Trust of any net liability owed to it.

The collateral requirements for derivatives traded under an ISDA Master Agreement are governed by a Credit Support Annex to the ISDA Master Agreement. Collateral requirements are determined at the close of business each day and are typically based on changes in market values for each transaction under an ISDA Master Agreement and netted into one amount for such agreement. Generally, the amount of collateral due from or to a counterparty is subject to a minimum transfer threshold amount before a transfer is required, which may vary by counterparty. Collateral pledged for the benefit of the Trust and/or counterparty is held in segregated accounts by the Trust’s custodian and cannot be sold,re-pledged, assigned or otherwise used while pledged. The portion of such collateral representing cash, if any, is reflected as deposits for derivatives collateral and, in the case of cash pledged by a counterparty for the benefit of the Trust, a corresponding liability on the Statement of Assets and Liabilities. Securities pledged by the Trust as collateral, if any, are identified as such in the Portfolio of Investments. The carrying amount of the liability for cash collateral due to broker at November 30, 2019 approximated its fair value. If measured at fair value, such liability would have been considered as Level 2 in the fair value hierarchy (see Note 13) at November 30, 2019.

41

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Notes to Financial Statements (Unaudited) — continued

The fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) and whose primary underlying risk exposure is foreign exchange risk at November 30, 2019 was as follows:

	Fair Value
Derivative	Asset Derivative(1)		Liability Derivative(2)
Forward foreign currency exchange contracts	$	217,855	$	(93,574	)

⁽¹⁾ Statement of Assets and Liabilities location: Receivable for open forward foreign currency exchange contracts.

⁽²⁾ Statement of Assets and Liabilities location: Payable for open forward foreign currency exchange contracts.

The Trust’s derivative assets and liabilities at fair value by type, which are reported gross in the Statement of Assets and Liabilities, are presented in the table above. The following tables present the Trust’s derivative assets and liabilities by counterparty, net of amounts available for offset under a master netting agreement and net of the related collateral received by the Trust for such assets and pledged by the Trust for such liabilities as of November 30, 2019.

Counterparty	Derivative Assets Subject to Master Netting Agreement			Derivatives Available for Offset			Non-cash Collateral Received(a)		Cash Collateral Received(a)			Net Amount of Derivative Assets(b)			Total Cash Collateral Received
Goldman Sachs International	$	189,716		$	—		$	—	$	(120,000	)	$	69,716		$	120,000
HSBC Bank USA, N.A.		6,768			(6,768	)		—		—			—			—
State Street Bank and Trust Company		21,371			(16,962	)		—		—			4,409			—
	$	217,855		$	(23,730	)	$	—	$	(120,000	)	$	74,125		$	120,000
Counterparty	Derivative Liabilities Subject to Master Netting Agreement			Derivatives Available for Offset			Non-cash Collateral Pledged(a)		Cash Collateral Pledged(a)			Net Amount of Derivative Liabilities(c)			Total Cash Collateral Pledged
HSBC Bank USA, N.A.	$	(76,612	)	$	6,768		$	—	$	49,290		$	(20,554	)	$	49,290
State Street Bank and Trust Company		(16,962	)		16,962			—		—			—			—
	$	(93,574	)	$	23,730		$	—	$	49,290		$	(20,554	)	$	49,290
Total — Deposits for derivatives collateral — forward foreign currency exchange contracts															$	169,290

^(a)   In some instances, the total collateral received and/or pledged may be more than the amount shown due to overcollateralization.

^(b)  Net amount represents the net amount due from the counterparty in the event of default.

^(c)  Net amount represents the net amount payable to the counterparty in the event of default.

The effect of derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) on the Statement of Operations and whose primary underlying risk exposure is foreign exchange risk for the six months ended November 30, 2019 was as follows:

Derivative	Realized Gain (Loss) on Derivatives Recognized in Income(1)		Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income(2)
Forward foreign currency exchange contracts	$	1,710,768	$	(230,812	)

⁽¹⁾ Statement of Operations location: Net realized gain (loss) – Forward foreign currency exchange contracts.

⁽²⁾ Statement of Operations location: Change in unrealized appreciation (depreciation) – Forward foreign currency exchange contracts.

42

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Notes to Financial Statements (Unaudited) — continued

The average notional amount of forward foreign currency exchange contracts (based on the absolute value of notional amounts of currency purchased and currency sold) outstanding during the six months ended November 30, 2019, which is indicative of the volume of this derivative type, was approximately $61,326,000.

9  Revolving Credit and Security Agreement

The Trust has entered into a Revolving Credit and Security Agreement, as amended (the Agreement) with conduit lenders and a bank to borrow up to $290 million. Borrowings under the Agreement are secured by the assets of the Trust. Interest is charged at a rate above the conduits’ commercial paper issuance rate and is payable monthly. Under the terms of the Agreement, in effect through March 9, 2020, the Trust also pays a program fee of 0.85% per annum on its outstanding borrowings to administer the facility and a liquidity fee of 0.15% (0.25% if the outstanding loan amount is less than or equal to 60% of the total facility size) per annum on the unused portion of the total commitment under the Agreement. Program and liquidity fees for the six months ended November 30, 2019 totaled $1,099,295 and are included in interest expense and fees on the Statement of Operations. The Trust also paid an upfront fee of $290,000, which is being amortized to interest expense over a period of one year through March 2020. The unamortized balance at November 30, 2019 is approximately $82,000 and is included in prepaid upfront fees on notes payable and variable rate term preferred shares on the Statement of Assets and Liabilities. The Trust is required to maintain certain net asset levels during the term of the Agreement. At November 30, 2019, the Trust had borrowings outstanding under the Agreement of $240,000,000 at an annual interest rate of 1.85%. Based on the short-term nature of the borrowings under the Agreement and the variable interest rate, the carrying amount of the borrowings at November 30, 2019 approximated its fair value. If measured at fair value, borrowings under the Agreement would have been considered as Level 2 in the fair value hierarchy (see Note 13) at November 30, 2019. For the six months ended November 30, 2019, the average borrowings under the Agreement and the average annual interest rate (excluding fees) were $246,792,350 and 2.30%, respectively.

10  Risks Associated with Foreign Investments

Investing in securities issued by companies whose principal business activities are outside the United States may involve significant risks not present in domestic investments. For example, there is generally less publicly available information about foreign companies, particularly those not subject to the disclosure and reporting requirements of the U.S. securities laws. Certain foreign issuers are generally not bound by uniform accounting, auditing, and financial reporting requirements and standards of practice comparable to those applicable to domestic issuers. Investments in foreign securities also involve the risk of possible adverse changes in investment or exchange control regulations, expropriation or confiscatory taxation, limitation on the removal of funds or other assets of the Trust, political or financial instability or diplomatic and other developments which could affect such investments. Foreign securities markets, while growing in volume and sophistication, are generally not as developed as those in the United States, and securities of some foreign issuers (particularly those located in developing countries) may be less liquid and more volatile than securities of comparable U.S. companies. In general, there is less overall governmental supervision and regulation of foreign securities markets, broker/dealers and issuers than in the United States.

11  Credit Risk

The Trust invests primarily in below investment grade floating-rate loans, which are considered speculative because of the credit risk of their issuers. Changes in economic conditions or other circumstances are more likely to reduce the capacity of issuers of these securities to make principal and interest payments. Such companies are more likely to default on their payments of interest and principal owed than issuers of investment grade bonds. An economic downturn generally leads to a highernon-payment rate, and a loan or other debt obligation may lose significant value before a default occurs. Lower rated investments also may be subject to greater price volatility than higher rated investments. Moreover, the specific collateral used to secure a loan may decline in value or become illiquid, which would adversely affect the loan’s value.

12  Investments in Affiliated Funds

At November 30, 2019, the value of the Trust’s investment in affiliated funds was $18,381,797, which represents 3.1% of the Trust’s net assets applicable to common shares. Transactions in affiliated funds by the Trust for the six months ended November 30, 2019 were as follows:

Name of affiliated fund	Value, beginning of period		Purchases		Sales proceeds			Net realized gain (loss)			Change in unrealized appreciation (depreciation)		Value, end of period		Dividend income		Units, end of period
Short-Term Investments
Eaton Vance Cash Reserves Fund, LLC, 1.82%	$	7,948,260	$	130,108,101	$	(119,673,972	)	$	(1,108	)	$	516	$	18,381,797	$	167,030		18,381,797

43

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Notes to Financial Statements (Unaudited) — continued

13  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 November 30, 2019, 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
Senior Floating-Rate Loans (Less Unfunded Loan Commitments)	$	—	$	786,087,271		$	3,660,500	$	789,747,771
Corporate Bonds & Notes		—		65,970,300			—		65,970,300
Asset-Backed Securities		—		28,690,921			—		28,690,921
Common Stocks		1,948,506		2,120,611			4,146,518		8,215,635
Convertible Preferred Stocks		—		—			8,089		8,089
Closed-End Funds		11,509,216		—			—		11,509,216
Miscellaneous		—		20,495			—		20,495
Short-Term Investments		—		18,381,797			—		18,381,797
Total Investments	$	13,457,722	$	901,271,395		$	7,815,107	$	922,544,224
Forward Foreign Currency Exchange Contracts	$	—	$	217,855		$	—	$	217,855
Total	$	13,457,722	$	901,489,250		$	7,815,107	$	922,762,079
Liability Description
Forward Foreign Currency Exchange Contracts	$	—	$	(93,574	)	$	—	$	(93,574	)
Total	$	—	$	(93,574	)	$	—	$	(93,574	)

* 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 six months ended November 30, 2019 is not presented.

14  Legal Proceedings

In May 2015, the Trust was served with an amended complaint filed in an adversary proceeding in the United States Bankruptcy Court for the Southern District of New York. The adversary proceeding was filed by the Motors Liquidation Company Avoidance Action Trust (“AAT”) against the former holders of a $1.5 billion term loan issued by General Motors Corp. (“GM”) in 2006 (the “Term Loan Lenders”) who received a full repayment of the term loan pursuant to a court order in the GM bankruptcy proceeding. The court order was made with the understanding that the term loan was fully secured at the time of GM’s bankruptcy filing in June 2009. The AAT sought (1) a determination from the Bankruptcy Court that the security interest held by the Term Loan Lenders was not perfected at the time GM filed for Chapter 11 Bankruptcy protection and thus the Term Loan Lenders should have been treated in the same manner as GM’s unsecured creditors, (2) disgorgement of any interest payments made to the Term Loan Lenders within ninety days of GM’s filing for Chapter 11 Bankruptcy protection, and (3) disgorgement of the $1.5 billion term loan repayment that was made to the Term Loan Lenders. The value of the payment received under the term loan agreement by the Trust was approximately $4,166,000. In April 2019, the parties to the litigation reached a settlement agreement in principle, subject to Court approval. On June 12, 2019, the Court approved the settlement, and all claims and cross claims in the litigation were dismissed on July 2, 2019. The Trust did not suffer any loss to the Trust’s net asset value as a result of the settlement and recovered a portion of the attorney’s fees and costs incurred, which were previously expensed by the Trust.

44

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Officers and Trustees

Officers

Payson F. Swaffield

President

Maureen A. Gemma

Vice President, Secretary and Chief Legal Officer

James F. Kirchner

Treasurer

Richard F. Froio

Chief Compliance Officer

Trustees

William H. Park

Chairperson

Thomas E. Faust Jr.*

Mark R. Fetting

Cynthia E. Frost

George J. Gorman

Valerie A. Mosley

Helen Frame Peters

Keith Quinton

Marcus L. Smith

Susan J. Sutherland

Scott E. Wennerholm

* Interested Trustee

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Eaton Vance Funds

IMPORTANT NOTICES

Privacy.  The Eaton Vance organization is committed to ensuring your financial privacy. Each of the financial institutions identified below has in effect the following policy (“Privacy Policy”) with respect to nonpublic personal information about its customers:

• Only such information received from you, through application forms or otherwise, and information about your Eaton Vance fund transactions will be collected. This may include information such as name, address, social security number, tax status, account balances and transactions.

• None of such information about you (or former customers) will be disclosed to anyone, except as permitted by law (which includes disclosure to employees necessary to service your account). In the normal course of servicing a customer’s account, Eaton Vance may share information with unaffiliated third parties that perform various required services such as transfer agents, custodians and broker-dealers.

• Policies and procedures (including physical, electronic and procedural safeguards) are in place that are designed to protect the confidentiality of such information.

• We reserve the right to change our Privacy Policy at any time upon proper notification to you. Customers may want to review our Privacy Policy periodically for changes by accessing the link on our homepage: www.eatonvance.com.

Our pledge of privacy applies to the following entities within the Eaton Vance organization: the Eaton Vance Family of Funds, Eaton Vance Management, Eaton Vance Investment Counsel, Eaton Vance Distributors, Inc., Eaton Vance Trust Company, Eaton Vance Management (International) Limited, Eaton Vance Advisers International Ltd., Eaton Vance Management’s Real Estate Investment Group and Boston Management and Research. In addition, our Privacy Policy applies only to those Eaton Vance customers who are individuals and who have a direct relationship with us. If a customer’s account (i.e., fund shares) is held in the name of a third-party financial advisor/broker-dealer, it is likely that only such advisor’s privacy policies apply to the customer. This notice supersedes all previously issued privacy disclosures. For more information about Eaton Vance’s Privacy Policy, please call1-800-262-1122.

Delivery of Shareholder Documents.  The Securities and Exchange Commission (SEC) permits funds to deliver only one copy of shareholder documents, including prospectuses, proxy statements and shareholder reports, to fund investors with multiple accounts at the same residential or post office box address. This practice is often called “householding” and it helps eliminate duplicate mailings to shareholders. American Stock Transfer & Trust Company, LLC (“AST”), theclosed-end funds transfer agent, or your financial intermediary, may household the mailing of your documents indefinitely unless you instruct AST, or your financial intermediary, otherwise. If you would prefer that your Eaton Vance documents not be householded, please contact AST or your financial intermediary. Your instructions that householding not apply to delivery of your Eaton Vance documents will typically be effective within 30 days of receipt by AST or your financial intermediary.

Portfolio Holdings.  Each Eaton Vance Fund and its underlying Portfolio(s) (if applicable) files a schedule of portfolio holdings on Part F toForm N-PORT with the SEC for the first and third quarters of each fiscal year. The FormN-PORT will be available on the Eaton Vance website at www.eatonvance.com, by calling Eaton Vance at1-800-262-1122 or in the EDGAR database on the SEC’s website at www.sec.gov.

Proxy Voting.  From time to time, funds are required to vote proxies related to the securities held by the funds. The Eaton Vance Funds or their underlying Portfolios (if applicable) vote proxies according to a set of policies and procedures approved by the Funds’ and Portfolios’ Boards. You may obtain a description of these policies and procedures and information on how the Funds or Portfolios voted proxies relating to portfolio securities during the most recent12-month period ended June 30, without charge, upon request, by calling1-800-262-1122 and by accessing the SEC’s website at www.sec.gov.

Share Repurchase Program.  The Fund’s Board of Trustees has approved a share repurchase program authorizing the Fund to repurchase up to 10% of its common shares outstanding as of the last day of the prior calendar year in open-market transactions at a discount to net asset value. The repurchase program does not obligate the Fund to purchase a specific amount of shares. The Fund’s repurchase activity, including the number of shares purchased, average price and average discount to net asset value, is disclosed in the Fund’s annual and semi-annual reports to shareholders.

Additional Notice to Shareholders.  If applicable, a Fund may also redeem or purchase its outstanding preferred shares in order to maintain compliance with regulatory requirements, borrowing or rating agency requirements or for other purposes as it deems appropriate or necessary.

Closed-End Fund Information.  Eaton Vanceclosed-end funds make fund performance data and certain information about portfolio characteristics available on the Eaton Vance website shortly after the end of each month. Other information about the funds is available on the website. The funds’ net asset value per share is readily accessible on the Eaton Vance website. Portfolio holdings for the most recentmonth-end are also posted to the website approximately 30 days following the end of the month. This information is available at www.eatonvance.com on the fund information pages under “Individual Investors —Closed-End Funds”.

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Investment Adviser and Administrator

Eaton Vance Management

Two International Place

Boston, MA 02110

Custodian

State Street Bank and Trust Company

State Street Financial Center, One Lincoln Street

Boston, MA 02111

Transfer Agent

American Stock Transfer & Trust Company, LLC

6201 15^th Avenue

Brooklyn, NY 11219

Fund Offices

Two International Place

Boston, MA 02110

7739    11.30.19

Item 2. Code of Ethics

Not required in this filing.

Item 3. Audit Committee Financial Expert

Not required in this filing.

Item 4. Principal Accountant Fees and Services

Not required in this filing.

Item 5. Audit Committee of Listed Registrants

Not required in this filing.    

Item 6. Schedule of Investments

Please see schedule of investments contained in the Report to Stockholders included under Item 1 of this FormN-CSR.

Item 7. Disclosure of Proxy Voting Policies and Procedures forClosed-End Management Investment Companies

Not required in this filing.

Item 8. Portfolio Managers ofClosed-End Management Investment Companies

Not required in this filing.

Item 9. Purchases of Equity Securities byClosed-End Management Investment Company and Affiliated Purchasers

Not applicable.

Item 10. Submission of Matters to a Vote of Security Holders

No material changes.

Item 11. Controls and Procedures

(a) It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant has been recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrant’s principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.

(b) There have been no changes in the registrant’s internal controls over financial reporting during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 12. Disclosure of Securities Lending Activities forClosed-End Management Investment Companies

No activity to report for the registrant’s most recent fiscal year end.

Item 13. Exhibits

(a)(1)	Registrant’s Code of Ethics – Not applicable (please see Item 2).
(a)(2)(i)	Treasurer’s Section 302 certification.
(a)(2)(ii)	President’s Section 302 certification.
(b)	Combined Section 906 certification.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Eaton Vance Floating-Rate Income Trust
By:	/s/ Payson F. Swaffield
	Payson F. Swaffield
	President

Date: January 22, 2020

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:	/s/ James F. Kirchner
	James F. Kirchner
	Treasurer

Date: January 22, 2020

By:	/s/ Payson F. Swaffield
	Payson F. Swaffield
	President

Date: January 22, 2020