BOSTON, Nov. 21, 2011 /PRNewswire/ -- Eaton Vance Senior
Income Trust (NYSE: EVF) (the "Fund"), a closed-end management
investment company, today announced the earnings of the Fund for
the three months ended September 30,
2011. The Fund's fiscal year ends on June 30, 2012.
For the three months ended September 30,
2011, the Fund had net investment income of $3,679,136 ($0.100
per common share). From this amount, the Fund paid dividends on
preferred shares of $23,238 (equal to
$0.001 for each common share),
resulting in net investment income after the preferred dividends of
$3,655,898 or $0.099 per common share. In comparison, for the
three months ended September 30,
2010, the Fund had net investment income of $3,893,487 ($0.106
per common share). From this amount, the Fund paid dividends on
preferred shares of $63,077 (equal to
$0.002 for each common share),
resulting in net investment income after the preferred dividends of
$3,830,410 or $0.104 per common share.
Net realized and unrealized losses for the three months ended
September 30, 2011 were $16,725,191 ($0.455
per common share). In comparison, net realized and unrealized gains
for the three months ended September 30,
2010 were $7,707,291
($0.210 per common
share).
On September 30, 2011, net assets
of the Fund applicable to common shares were $249,109,127. The net asset value per common
share on September 30, 2011 was
$6.78 based on 36,752,548 common
shares outstanding. In comparison, on September 30, 2010, net assets of the Fund
applicable to common shares were $253,609,457. The net asset value per common
share on September 30, 2010 was
$6.92 based on 36,634,011 common
shares outstanding
The Fund 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 calendar quarter-end are also posted to the website
approximately 30 days following quarter-end.
The Fund 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 $188.2 billion
in assets as of October 31, 2011,
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.
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EATON VANCE SENIOR
INCOME TRUST
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SUMMARY OF RESULTS OF
OPERATIONS
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(in thousands, except
per share amounts)
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Three Months
Ended
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Three Months
Ended
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September 30,
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September 30,
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2011
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2010
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Gross investment income
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$5,119
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$5,327
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Operating expenses
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(1,289)
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(1,275)
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Interest expense
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(151)
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(159)
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Net investment income
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$3,679
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$3,893
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Net realized and unrealized
gains (losses)
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on investments
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($16,725)
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$7,707
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Preferred dividends paid
from net investment income
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($23)
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($63)
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Net increase (decrease) in
net assets
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from operations
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($13,069)
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$11,537
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Earnings per Common Share
Outstanding
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Gross investment income
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$0.139
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$0.145
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Operating expenses
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(0.035)
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(0.035)
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Interest expense
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(0.004)
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(0.004)
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Net investment
income
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$0.100
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$0.106
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Net realized and unrealized
gains (losses)
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on investments
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($0.455)
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$0.210
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Preferred dividends paid
from net investment income
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(0.001)
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(0.002)
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Net increase (decrease) in
net assets
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from operations
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($0.356)
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$0.314
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Net investment income
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$0.100
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$0.106
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Preferred dividends paid
from net investment income
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(0.001)
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(0.002)
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Net investment income after
preferred dividends
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$0.099
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$0.104
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Net Asset Value at
September 30 (Common Share )
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Net assets (000)
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$249,109
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$253,609
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Shares outstanding
(000)
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36,753
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36,634
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Net asset value per share
outstanding
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$6.78
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$6.92
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Market Value Summary
(Common Share )
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Market price on NYSE at
September 30
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$6.31
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$6.88
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High market price (three
months ended September 30)
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$7.27
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$7.01
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Low market price (three
months ended September 30)
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$6.17
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$6.57
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SOURCE Eaton Vance Management