Icon Advisers Inc. Co. Makes New $1.53 Million Investment in Eaton Vance Senior Income Trust $EVF

Icon Advisers Inc. Co. purchased a new stake in Eaton Vance Senior Income Trust (NYSE:EVF) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 307,371 shares of the company’s stock, valued at approximately $1,534,000.

Other large investors have also recently added to or reduced their stakes in the company. 1607 Capital Partners LLC increased its stake in shares of Eaton Vance Senior Income Trust by 258.3% during the 4th quarter. 1607 Capital Partners LLC now owns 896,307 shares of the company’s stock worth $4,724,000 after purchasing an additional 646,167 shares during the last quarter. Wolverine Asset Management LLC raised its holdings 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 valued at $2,184,000 after purchasing an additional 141,579 shares during the period. Rivernorth Capital Management LLC acquired a new stake in Eaton Vance Senior Income Trust in the 4th quarter valued at about $369,000. Sit Investment Associates Inc. lifted its stake in Eaton Vance Senior Income Trust by 9.4% in the 4th quarter. Sit Investment Associates Inc. now owns 714,807 shares of the company’s stock valued at $3,767,000 after purchasing an additional 61,128 shares during the last quarter. Finally, Guggenheim Capital LLC grew its holdings in Eaton Vance Senior Income Trust by 15.3% during the fourth quarter. Guggenheim Capital LLC now owns 318,063 shares of the company’s stock worth $1,676,000 after purchasing an additional 42,198 shares during the period.

Eaton Vance Senior Income Trust Price Performance

Shares of NYSE EVF opened at $4.99 on Thursday. The business’s 50 day moving average price is $4.97 and its two-hundred day moving average price is $5.07. Eaton Vance Senior Income Trust has a twelve month low of $4.84 and a twelve month high of $5.64.

Eaton Vance Senior Income Trust Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, July 24th. Stockholders of record on Tuesday, July 14th will be given a $0.032 dividend. The ex-dividend date of this dividend is Tuesday, July 14th. This is a positive change from Eaton Vance Senior Income Trust’s previous monthly dividend of $0.03. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%.

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.