Bain Capital Credit Lp buys $4,440,049 stake in Eaton Vance Senior Floating-Rate Trust (EFR)

Eaton Vance Senior Floating-Rate Trust (EFR) : Bain Capital Credit Lp scooped up 6,336 additional shares in Eaton Vance Senior Floating-Rate Trust during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 328,406 shares of Eaton Vance Senior Floating-Rate Trust which is valued at $4,440,049.Eaton Vance Senior Floating-Rate Trust makes up approximately 2.77% of Bain Capital Credit Lp’s portfolio.

Other Hedge Funds, Including , Envestnet Asset Management Inc reduced its stake in EFR by selling 65,004 shares or 21.2% in the most recent quarter. The Hedge Fund company now holds 241,547 shares of EFR which is valued at $3,265,715. Eaton Vance Senior Floating-Rate Trust makes up approx 0.01% of Envestnet Asset Management Inc’s portfolio. Advisors Asset Management added EFR to its portfolio by purchasing 45,842 company shares during the most recent quarter which is valued at $614,741. Eaton Vance Senior Floating-Rate Trust makes up approx 0.01% of Advisors Asset Management’s portfolio.Capital Investment Advisors reduced its stake in EFR by selling 5,062 shares or 11.27% in the most recent quarter. The Hedge Fund company now holds 39,840 shares of EFR which is valued at $531,864. Eaton Vance Senior Floating-Rate Trust makes up approx 0.05% of Capital Investment Advisors’s portfolio.

Eaton Vance Senior Floating-Rate Trust opened for trading at $13.6 and hit $13.71 on the upside on Thursday, eventually ending the session at $13.71, with a gain of 0.81% or 0.11 points. The heightened volatility saw the trading volume jump to 86,904 shares. Company has a market cap of $456 M.

Eaton Vance Senior Floating-Rate Trust (the Trust) is a diversified closed-end management investment company. The Trust’s primary investment objective is to provide a high level of current income. The Trust may as a secondary objective also seek preservation of capital to the extent consistent with its primary objective. The Trust has investments in various sectors such as healthcare electronics/electrical business equipment and services retailers (except food and drug) chemicals and plastics lodging and casinos leisure goods activities and movies oil and gas food products and automotive. The Trust’s investments include senior floating-rate loans debt obligations equity securities derivatives and foreign securities and currencies. The Trust may invest in Eaton Vance Cash Reserves Fund LLC. Eaton Vance Management (Eaton Vance) is the investment advisor to the Trust.

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