Wolverine Asset Management LLC Acquires 141,579 Shares of Eaton Vance Senior Income Trust $EVF

Wolverine Asset Management LLC increased its position in shares of Eaton Vance Senior Income Trust (NYSE:EVF) by 51.9% during the 4th quarter, HoldingsChannel reports. The fund owned 414,358 shares of the company’s stock after purchasing an additional 141,579 shares during the quarter. Wolverine Asset Management LLC’s holdings in Eaton Vance Senior Income Trust were worth $2,184,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. WFA of San Diego LLC acquired a new position in Eaton Vance Senior Income Trust in the second quarter valued at about $33,000. Citadel Advisors LLC acquired a new position in Eaton Vance Senior Income Trust in the third quarter valued at about $55,000. Integrated Wealth Concepts LLC acquired a new position in Eaton Vance Senior Income Trust in the third quarter valued at about $65,000. Cetera Investment Advisers lifted its stake in Eaton Vance Senior Income Trust by 12.0% in the second quarter. Cetera Investment Advisers now owns 28,031 shares of the company’s stock valued at $159,000 after buying an additional 3,000 shares during the period. Finally, City of London Investment Management Co. Ltd. acquired a new position in Eaton Vance Senior Income Trust in the third quarter valued at about $195,000.

Eaton Vance Senior Income Trust Price Performance

NYSE:EVF opened at $4.98 on Tuesday. Eaton Vance Senior Income Trust has a 1-year low of $4.84 and a 1-year high of $5.75. The business’s 50-day moving average price is $5.01 and its two-hundred day moving average price is $5.22.

Eaton Vance Senior Income Trust Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Thursday, May 14th will be given a dividend of $0.032 per share. The ex-dividend date of this dividend is Thursday, May 14th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%.

Eaton Vance Senior Income Trust Profile

Eaton Vance Senior Income Trust (NYSE: EVF) is a closed-end management investment company that seeks high current income while preserving capital. Externally managed by Eaton Vance Management, a subsidiary of Morgan Stanley Investment Management following its 2021 acquisition, the trust offers investors exposure to a diversified portfolio of floating-rate senior secured loans and other corporate debt instruments.

The trust’s investment strategy is centered on senior secured bank loans, which typically carry floating interest rates and enjoy priority over other debt in a borrower’s capital structure.