Eaton Vance Senior Income Trust (NYSE:EVF) Increases Dividend to $0.03 Per Share

Eaton Vance Senior Income Trust (NYSE:EVF) declared a monthly dividend on Tuesday, September 1st. Investors of record on Monday, September 14th will be paid a dividend of 0.033 per share on Thursday, September 24th. This represents a c) annualized dividend and a yield of 8.0%. The ex-dividend date is Monday, September 14th. This is a 3.1% increase from Eaton Vance Senior Income Trust’s previous monthly dividend of $0.03.

Eaton Vance Senior Income Trust Stock Down 0.2%

Shares of NYSE EVF opened at $4.96 on Wednesday. Eaton Vance Senior Income Trust has a fifty-two week low of $4.84 and a fifty-two week high of $5.60. The firm’s 50-day simple moving average is $4.98 and its 200 day simple moving average is $5.00.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of EVF. Icon Advisers Inc. Co. purchased a new position in Eaton Vance Senior Income Trust during the 1st quarter worth $1,534,000. Wolverine Asset Management LLC grew its stake in shares of Eaton Vance Senior Income Trust by 51.9% in the 4th quarter. Wolverine Asset Management LLC now owns 414,358 shares of the company’s stock worth $2,184,000 after acquiring an additional 141,579 shares in the last quarter. Simon Quick Advisors LLC purchased a new stake in shares of Eaton Vance Senior Income Trust in the first quarter valued at about $171,000. Ameriprise Financial Inc. raised its holdings in shares of Eaton Vance Senior Income Trust by 9.2% in the second quarter. Ameriprise Financial Inc. now owns 193,039 shares of the company’s stock valued at $1,098,000 after purchasing an additional 16,215 shares during the last quarter. Finally, Invesco Ltd. lifted its position in shares of Eaton Vance Senior Income Trust by 12.2% during the second quarter. Invesco Ltd. now owns 261,033 shares of the company’s stock valued at $1,485,000 after purchasing an additional 28,353 shares in the last quarter.

About Eaton Vance Senior Income Trust

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.