Eaton Vance Senior Floating-Rate Trust Report Of Earnings

          Eaton Vance Senior Floating-Rate Trust Report Of Earnings

PR Newswire

BOSTON, Jan. 15, 2013

BOSTON, Jan. 15, 2013 /PRNewswire/ -- Eaton Vance Senior Floating-Rate Trust
(NYSE: EFR) (the "Trust"), a diversified closed-end management investment
company, today announced the earnings of the Trust for the three months and
the year ended October 31, 2012. The Trust's fiscal year ended on October 31,
2012.

For the three months ended October 31, 2012, the Trust had net investment
income of $10,333,132 ($0.305 per common share). From this amount, the Trust
paid dividends on preferred shares of $59,802 (equal to $0.001 for each common
share), resulting in net investment income after the preferred dividends of
$10,273,330 or $0.304 per common share. For the year ended October 31, 2012,
the Trust had net investment income of $37,073,434 ($1.097 per common share).
From this amount, the Trust paid dividends on preferred shares of $218,137
(equal to $0.006 for each common share), resulting in net investment income
after the preferred dividends of $36,855,297 or $1.091 per common share. In
comparison, for the three months ended October 31, 2011, the Trust had net
investment income of $8,515,952 ($0.252 per common share). From this amount,
the Trust paid dividends on preferred shares of $54,881 (equal to $0.002 for
each common share), resulting in net investment income after the preferred
dividends of $8,461,071 or $0.250 per common share. For the year ended October
31, 2011, the Trust had net investment income of $34,231,038 ($1.014 per
common share). From this amount, the Trust paid dividends on preferred shares
of $291,157 (equal to $0.009 for each common share), resulting in net
investment income after the preferred dividends of $33,939,881 or $1.005 per
common share.

Net realized and unrealized gains for the three months ended October 31, 2012
were $8,806,426 ($0.257 per common share) and net realized and unrealized
gains for the year ended October 31, 2012 were $23,115,651 ($0.681 per common
share). In comparison, net realized and unrealized losses for the three months
ended October 31, 2011 were $14,016,650 ($0.407 per common share) and net
realized and unrealized losses for the year ended October 31, 2011 were
$731,888 ($0.013 per common share).

On October 31, 2012, net assets of the Trust were $528,464,746. The net asset
value per common share on October 31, 2012 was $15.63 based on 33,810,170
common shares outstanding. In comparison, on October 31, 2011, net assets of
the Trust were $503,382,546. The net asset value per common share on October
31, 2011 was $14.91 based on 33,767,691 common shares outstanding.

The Trust periodically makes certain performance data and information about
portfolio characteristics available on www.eatonvance.com (on the fund
information page under "Individual Investors – Closed-End Funds"). Fund
portfolio holdings for the most recent month-end are also posted to the
website approximately 30 days following month-end.

The Trust is 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,
visit www.eatonvance.com.

EATON VANCE SENIOR FLOATING-RATE TRUST
SUMMARY OF RESULTS OF OPERATIONS
(in thousands, except per share amounts)
                            Three Months Ended        Year Ended
                            October 31,               October 31,
                            2012         2011         2012         2011
Gross investment income     $       $        $         $     
                            12,678       10,735       46,353      43,110
Operating expenses          (1,811)      (1,655)      (7,104)      (6,624)
Interest expense            (534)        (564)        (2,176)      (2,255)
   Net investment income    $       $       $         $     
                            10,333       8,516        37,073      34,231
Net realized and
unrealized gains (losses)
 on investments            $       $         $         $     
                             8,807      (14,017)    23,116        (732)
Preferred dividends paid    (60)         (55)         (218)        (291)
from net investment income
   Net increase (decrease)
   in net assets
    from operations        $       $        $         $     
                            19,080       (5,556)     59,971      33,208
Earnings per Common Share
Outstanding
Gross investment income     $       $       $       $     
                             0.375      0.318        1.372         1.277
Operating expenses          (0.053)      (0.049)      (0.210)      (0.196)
Interest expense            (0.017)      (0.017)      (0.065)      (0.067)
   Net investment income   $       $       $       $     
                             0.305      0.252        1.097         1.014
Net realized and
unrealized gains (losses)
 on investments            $       $        $       $     
                             0.257      (0.407)     0.681        (0.013)
Preferred dividends paid    (0.001)      (0.002)      (0.006)      (0.009)
from net investment income
   Net increase (decrease)
   in net assets
    from operations        $       $        $       $     
                             0.561      (0.157)     1.772         0.992
Net investment income      $       $       $       $     
                             0.305      0.252        1.097         1.014
Preferred dividends paid    (0.001)      (0.002)      (0.006)      (0.009)
from net investment income
Net investment income       $       $       $       $     
after preferred dividends    0.304      0.250        1.091         1.005
Net Asset Value at October
31 (Common Shares)
   Net assets                                        $          $   
                                                      528,465     503,383
   Shares outstanding                                33,810       33,768
   Net asset value per                                $       $     
   share outstanding                                  15.63         14.91
Market Value Summary
(Common Shares)
   Market price on NYSE at                            $       $     
   October 31                                         16.25         14.55
   High market price                                  $       $     
   (period ended October                              16.88         18.38
   31)
   Low market price                                   $       $     
   (period ended October                              13.67         13.43
   31)





SOURCE Eaton Vance Management

Website: http://www.eatonvance.com
Contact: Investor Contact: +1(800) 262-1122
 
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