Eaton Vance Senior Income Trust is a closed-end fund designed to provide investors with a high level of current income, while aiming to preserve capital. Its core strategy centers on investing primarily in senior, secured floating-rate loans, often referred to as Senior Loans, issued by domestic and foreign borrowers. Under typical market conditions, at least 80% of the Trust’s assets are allocated to these loans, which are denominated in major currencies such as U.S. dollars, euros, British pounds, Swiss francs, Canadian dollars, and Australian dollars. The Trust offers broad exposure across multiple sectors, credit tiers, and issuers within the floating-rate loan market, helping to diversify credit risk and potentially reduce portfolio volatility. Since floating-rate loans generally have low duration, the fund seeks to lessen interest-rate risk relative to traditional fixed income securities. Managed by an experienced team at Eaton Vance, a recognized leader in floating-rate investments, the Trust caters to investors seeking diversification from equities and conventional bonds, as well as those looking for income-focused solutions in changing interest rate environments. Monthly distributions and a history of including net investment income, realized gains, and return of capital in payouts further underline its role as an income-generation vehicle in the broader financial market.
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