Eaton Vance Closed-End Bank Loan Funds Declare Early Monthly Distributions

  Eaton Vance Closed-End Bank Loan Funds Declare Early Monthly Distributions

PR Newswire

BOSTON, Dec. 21, 2012

BOSTON, Dec. 21, 2012 /PRNewswire/ --Eaton Vance Management, the Boston-based
investment adviser, announced the monthly distributions declared on the common
shares of two of its closed-end bank loan funds (the "Funds"). As portfolio
and market conditions change, the rate of future distributions may change. The
distributions are expected to be paid on January 11, 2013, to shareholders of
record on December 31, 2012. The ex-dividend date is December 27, 2012. The
declaration, record and payment dates of the regular January distributions
have been accelerated to allow the Funds to meet their 2012 distribution
requirements for federal excise tax purposes. The Funds expect to declare
their next regular monthly distribution in the middle of February for payment
at the end of February. The distribution per share for each Fund is as

                                                       Per Share
Eaton Vance Floating-Rate Income Trust (NYSE:EFT)  $0.089
Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) $0.093

A Fund's distribution rate may be affected by numerous factors, including
changes in realized and projected market returns, Fund performance and other
factors. There can be no assurance that an unanticipated change in market
conditions or other unforeseen factors will not result in a change in a Fund's
distribution rate at a future time.

At this time the Funds believe that a portion of the January distributions may
be comprised of amounts from sources other than net investment income. If
that is the case, you will be notified in writing. Further information will
be available prior to the payment date at The
final determination of tax characteristics of each Fund's distribution will
occur after the end of the year, at which time it will be reported to the

The Funds are managed by Eaton Vance Management, a subsidiary of Eaton Vance
Corp. (NYSE: EV), based in Boston, one of the oldest investment management
firms in the United States, with a history dating back to 1924. Eaton Vance
and its affiliates managed $199.5 billion in assets as of October 31, 2012,
offering individuals and institutions a broad array of investment strategies
and wealth management solutions. The Company's long record of providing
exemplary service and attractive returns through a variety of market
conditions has made Eaton Vance the investment manager of choice for many of
today's most discerning investors. For more information about Eaton Vance,

Shares of closed-end funds often trade at a discount from their net asset
value. The market price of Fund shares may vary from net asset value based on
factors affecting the supply and demand for shares, such as Fund distribution
rates relative to similar investments, investors' expectations for future
distribution changes, the clarity of the Fund's investment strategy and future
return expectations, and investors' confidence in the underlying markets in
which the Fund invests. Fund shares are subject to investment risk, including
possible loss of principal invested. No Fund is a complete investment program
and you may lose money investing in a Fund. An investment in a Fund may not be
appropriate for all investors. Before investing, prospective investors should
consider carefully the Fund's investment objective, risks, charges and

SOURCE Eaton Vance Management

Contact: Investors: 1-800-262-1122
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