Welcome to our dedicated page for Eaton Vance Senior Floating-Rate Trust news (Ticker: EFR), a resource for investors and traders seeking the latest updates and insights on Eaton Vance Senior Floating-Rate Trust stock.
Eaton Vance Senior Floating-Rate Trust (EFR) reports fund-level developments for a closed-end management investment company focused on senior floating-rate loans and current income. News commonly covers tender offers for common shares or auction preferred shares, NAV-based pricing mechanics, distribution-rate actions, leverage or credit-facility references, and shareholder approvals tied to advisory agreements.
The fund is part of the Eaton Vance fund family, within Morgan Stanley Investment Management. Updates generally center on capital-structure actions, board authorizations, fund-offering materials, portfolio and performance references, and listing matters for its NYSE-traded common shares.
MS (NYSE:MS) announced final results of voluntary tender offers by Eaton Vance funds EVV, EFR, and EVF for up to 100% of their auction preferred shares (APS) at 98% of the $25,000 liquidation preference plus accrued dividends.
Participation was very high: EVV and EFR repurchased roughly 98–100% of each APS series, while EVF repurchased 77.66–85.11%. The offers expired on May 29, 2026 at 5:00 p.m. New York City Time.
Eaton Vance closed-end funds (NYSE:MS) remind investors that voluntary tender offers for up to 100% of each fund’s outstanding auction preferred shares (APS), launched April 30, 2026, are intended to expire at 5:00 p.m. New York City Time on May 29, 2026.
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Eaton Vance funds (MS-related auction preferred shares) announced voluntary tender offers for up to 100% of outstanding auction preferred shares at 98% of the $25,000 liquidation preference (i.e., $24,500 per share) plus accrued unpaid dividends.
Each offer is expected to run on or about April 30, 2026 through May 29, 2026, and will be subject to conditions including availability of credit-facility funding and, for EVF, an increase to its credit facility.
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Eaton Vance Senior Floating-Rate Trust (NYSE: EFR) announced that its Annual Meeting of Shareholders will be held on September 10, 2021, at 11:30 a.m. Eastern Time, in a telephonic format due to COVID-19 concerns. Shareholders of record as of July 8, 2021, can participate by emailing AST Fund Solutions by 3:00 p.m. ET on September 9, 2021. Legal proxies are required for those holding shares through intermediaries. The Fund encourages advance voting through the provided proxy methods. More details are available on the Fund's website.
On May 12, 2021, shareholders of Eaton Vance Senior Floating-Rate Trust (NYSE: EFR) approved a new investment advisory agreement with Eaton Vance Management. This approval triggers an Initial Tender Offer set to start by July 1, 2021, allowing up to 50% of outstanding shares to be bought at 99% of net asset value (NAV). Additionally, a distribution rate increase of approximately 25% will commence in June 2021. The Fund plans future Conditional Tender Offers if shares trade at an average daily discount to NAV exceeding 10%.
The Eaton Vance Senior Floating-Rate Trust (NYSE: EFR) has announced an increase in its Initial Tender Offer from 25% to 50% of outstanding common shares, contingent upon shareholder approval of a new investment advisory agreement. The offer, set to commence by July 1, 2021, will repurchase shares at 99% of the Fund's net asset value (NAV) as of the expiration date. Additionally, cash tender offers will be conducted by the end of 2024 if shares trade at an average discount of over 10%. The Fund also announced a potential distribution rate increase of approximately 25%.
Saba Capital Management has reached an agreement with Eaton Vance Management concerning Eaton Vance Senior Income Trust (EVF), Eaton Vance Floating-Rate Income Trust (EFT), and Eaton Vance Senior Floating-Rate Trust (EFR). The Funds will conduct cash tender offers to repurchase up to 60%, 50%, and 50% of their outstanding shares at 99% of their net asset values (NAV). Additionally, conditional year-end tender offers for 10% of common shares at 98% of NAV will occur if specific discount conditions are met from 2022 to 2024.