UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM N-CSR

 

CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES

 

Investment Company Act file number

811-21411

 

Eaton Vance Senior Floating Rate Trust

(Exact name of registrant as specified in charter)

 

The Eaton Vance Building, 255 State Street, Boston, Massachusetts

 

02109

(Address of principal executive offices)

 

(Zip code)

 

Alan R. Dynner

The Eaton Vance Building, 255 State Street, Boston, Massachusetts 02109

(Name and address of agent for service)

 

Registrant’s telephone number, including area code:

(617) 482-8260

 

 

Date of fiscal year end:

October 31

 

 

Date of reporting period:

April 30, 2007

 

 




Item 1. Reports to Stockholders




Semiannual Report April 30, 2007

EATON VANCE
SENIOR
FLOATING-RATE
TRUST



IMPORTANT NOTICES REGARDING PRIVACY,
DELIVERY OF SHAREHOLDER DOCUMENTS,
PORTFOLIO HOLDINGS AND PROXY VOTING

Privacy. The Eaton Vance organization is committed to ensuring your financial privacy. Each of the financial institutions identified below has in effect the following policy ("Privacy Policy") with respect to nonpublic personal information about its customers:

•  Only such information received from you, through application forms or otherwise, and information about your Eaton Vance fund transactions will be collected. This may include information such as name, address, social security number, tax status, account balances and transactions.

•  None of such information about you (or former customers) will be disclosed to anyone, except as permitted by law (which includes disclosure to employees necessary to service your account). In the normal course of servicing a customer's account, Eaton Vance may share information with unaffiliated third parties that perform various required services such as transfer agents, custodians and broker/dealers.

•  Policies and procedures (including physical, electronic and procedural safeguards) are in place that are designed to protect the confidentiality of such information.

•  We reserve the right to change our Privacy Policy at any time upon proper notification to you. Customers may want to review our Policy periodically for changes by accessing the link on our homepage: www.eatonvance.com.

Our pledge of privacy applies to the following entities within the Eaton Vance organization: the Eaton Vance Family of Funds, Eaton Vance Management, Eaton Vance Investment Counsel, Boston Management and Research, and Eaton Vance Distributors, Inc.

In addition, our Privacy Policy only applies to those Eaton Vance customers who are individuals and who have a direct relationship with us. If a customer's account (i.e., fund shares) is held in the name of a third-party financial adviser/broker-dealer, it is likely that only such adviser's privacy policies apply to the customer. This notice supersedes all previously issued privacy disclosures.

For more information about Eaton Vance's Privacy Policy, please call 1-800-262-1122.

Delivery of Shareholder Documents. The Securities and Exchange Commission (the "SEC") permits funds to deliver only one copy of shareholder documents, including prospectuses, proxy statements and shareholder reports, to fund investors with multiple accounts at the same residential or post office box address. This practice is often called "householding" and it helps eliminate duplicate mailings to shareholders.

Eaton Vance, or your financial adviser, may household the mailing of your documents indefinitely unless you instruct Eaton Vance, or your financial adviser, otherwise.

If you would prefer that your Eaton Vance documents not be householded, please contact Eaton Vance at 1-800-262-1122, or contact your financial adviser.

Your instructions that householding not apply to delivery of your Eaton Vance documents will be effective within 30 days of receipt by Eaton Vance or your financial adviser.

Portfolio Holdings. Each Eaton Vance Fund and its underlying Portfolio (if applicable) will file a schedule of its portfolio holdings on Form N-Q with the SEC for the first and third quarters of each fiscal year. The Form N-Q will be available on the Eaton Vance website www.eatonvance.com, by calling Eaton Vance at 1-800-262-1122 or in the EDGAR database on the SEC's website at www.sec.gov. Form N-Q may also be reviewed and copied at the SEC's public reference room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the public reference room).

Proxy Voting. From time to time, funds are required to vote proxies related to the securities held by the funds. The Eaton Vance Funds or their underlying Portfolios (if applicable) vote proxies according to a set of policies and procedures approved by the Funds' and Portfolios' Boards. You may obtain a description of these policies and procedures and information on how the Funds or Portfolios voted proxies relating to portfolio securities during the most recent 12 month period ended June 30, without charge, upon request, by calling 1-800-262-1122. This description is also available on the SEC's website at www.sec.gov.




Eaton Vance Senior Floating-Rate Trust as of April 30, 2007

INVESTMENT UPDATE

The Trust

Performance for the Past Six Months

·                  Based on share price, Eaton Vance Senior Floating- Rate Trust (the “Trust”), a closed-end fund traded on the New York Stock Exchange, had a total return of 9.77% for the six months ended April 30, 2007. That return was the result of an increase in share price to $19.18 on April 30, 2007, from $18.24 on October 31, 2006, and the reinvestment of $0.808 in dividends.(1)

·                  Based on net asset value (NAV), the Trust had a total return of 5.06% for the six months ended April 30, 2007. That return was the result of an increase in NAV to $18.81 on April 30, 2007, from $18.69 on October 31, 2006, and the reinvestment of all distributions. (1)

·                  Based on its April 2007 monthly dividend payment of $0.13 and a closing share price of $19.18, the Trust had a market yield of 8.13%.(2)

·                  For performance comparison, the S&P/LSTA Leveraged Loan Index – an unmanaged index of U.S. dollar-denominated leveraged loans – had a total return of 3.86% for the six months ended April 30, 2007.(3)

The Trust’s Investments

·                  The Trust’s loan investments represented 454 borrowers and 39 industries as of April 30, 2007. The Trust’s average loan size was 0.19% of total investments, and no industry constituted more than 8.0% of the Trust’s total assets. Health care, business equipment/services, leisure goods/activities/movies, publishing and chemicals/plastics were the Trust’s largest industry weightings. (4)

·                  In the six months ended April 30, 2007, despite record new loan issuance, demand exceeded loan supply. The technical imbalance resulted in loans repricing at slightly lower credit spreads. In addition, certain large new issues came to market with fewer financial covenants. However, despite this fact, management notes that the chief determinants of the loan asset class’s long-term performance – seniority and security – remain in place. Reflecting increasing investor demand for loans, the Trust’s share price traded at a premium at April 30, 2007, reversing the discount that prevailed throughout most of 2006.

·                  The Trust had a 7.0% exposure in European loans at April 30, 2007. European issuance continued to grow and represented further opportunities for diversification. For example, while there may be concerns about a slowing U.S. economy, the Trust benefited from loans to companies operating in the relatively robust U.K. and German economies. All of the Trust’s non-dollar-denominated investments were hedged to help protect against foreign currency risk.

·                  The Trust’s 8% investment in high-yield bonds contributed to performance during the six months ended April 30, 2007. With high-yield spreads at historically low levels, the Trust’s bond investments remained focused on shorter-maturity securities, while avoiding deeply subordinated and overleveraged new issues.

·                  At April 30, 2007, the Trust had leverage in the amount of approximately 38.5% of the Trust’s total assets. The Trust employs leverage though the issuance of Auction Preferred Shares (“APS”).(5) Use of financial leverage creates an opportunity for increased income but, at the same time, creates special risks (including the likelihood of greater volatility  of net asset value and market price of common shares). The cost of the Trust’s APS rises and falls with changes in short-term interest  rates. Such increases/ decreases in the cost of the Trust’s APS may be offset by increased/decreased income from the Trust’s senior loan investments.

The views expressed in this report are those of the portfolio managers and are current only through the end of the period of the report as stated on the cover. These views are subject to change at any time based upon market or other conditions, and Eaton Vance disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions for an Eaton Vance fund are based on many factors, may not be relied on as an indication of trading intent on behalf of any Eaton Vance fund.


(1)

Performance results reflect the effect of leverage resulting from the Trust’s issuance of Auction Preferred Shares. Absent an expense waiver by the investment adviser, returns would be lower.

 

 

(2)

The Trust’s market yield is calculated by dividing the most recent dividend per share by the share market price at the end of the period and annualizing the result.

 

 

(3)

It is not possible to invest directly in an Index. The Index’s total return reflects changes in value of the loans constituting the Index and accrual of interest and does not reflect the commissions or expenses that would have been incurred if an investor individually purchased or sold the loans represented in the Index. Unlike the Trust, the Index’s return does not reflect the effect of leverage, such as the issuance of Auction Preferred Shares.

 

 

(4)

Holdings and industry weightings are subject to change due to active management.

 

 

(5)

In the event of a rise in long-term interest rates, the value of the Trust’s investment portfolio could decline, which would reduce the asset coverage for its Auction Preferred Shares.

 

Past performance is no guarantee of future results. Returns are historical and are calculated by determining the percentage change in net asset value or share price (as applicable) with all distributions reinvested. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Trust’s current performance may be lower or higher than the quoted return. For performance as of the most recent month end, please refer to www.eatonvance.com.

Shares of the Trust are not insured by the FDIC and are not deposits or other obligations of, or guaranteed by, any depository institution. Shares are subject to investment risks, including possible loss of principal invested.

1




Eaton Vance Senior Floating-Rate Trust as of April 30, 2007

PERFORMANCE

Performance(1)

Average Annual Total Return (by share price, NYSE)

 

 

 

Six Months

 

9.77

%

One Year

 

18.49

 

Life of Trust (11/28/03)

 

7.40

 

 

 

 

 

Average Annual Total Return (at net asset value)

 

 

 

Six Months

 

5.06

%

One Year

 

8.74

 

Life of Trust (11/28/03)

 

6.79

 

 


(1)       Performance results reflect the effect of leverage resulting from the Trust’s issuance of Auction Preferred Shares. Absent an expense waiver by the investment adviser, the returns would be lower. In the event of a rise in long-term interest rates, the  value of the Trust’s investment portfolio could decline, which would reduce the asset coverage for its Auction Preferred Shares.

Past performance is no guarantee of future results. Returns are historical and are calculated by determining the percentage change in net asset value or share price (as applicable) with all distributions reinvested. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Trust’s current performance may be lower or higher than the quoted return. For performance as of the most recent month end, please refer to www.eatonvance.com.

Diversification by Industries(2)

By total investments

Health Care

 

7.5

%

Business Equip. & Services

 

7.2

 

Leisure Goods/Activities/Movies

 

6.1

 

Chemicals & Plastics

 

5.9

 

Publishing

 

5.4

 

Building & Development

 

5.2

 

Cable & Satellite Television

 

4.7

 

Radio & Television

 

4.5

 

Automotive

 

4.3

 

Telecommunications

 

4.2

 

Containers & Glass Products

 

3.2

 

Retailers (Except Food & Drug)

 

3.2

 

Lodging & Casinos

 

3.1

 

Electronics/Electrical

 

2.8

 

Utilities

 

2.6

 

Oil & Gas

 

2.4

 

Financial Intermediaries

 

2.4

 

Food Products

 

2.4

 

Forest Products

 

1.8

 

Industrial Equipment

 

1.8

 

Conglomerates

 

1.8

%

Nonferrous Metals/Minerals

 

1.7

 

Aerospace & Defense

 

1.7

 

Ecological Services & Equip.

 

1.6

 

Food Service

 

1.4

 

Food/Drug Retailers

 

1.3

 

Home Furnishings

 

1.2

 

Insurance

 

0.9

 

Drugs

 

0.9

 

Equipment Leasing

 

0.7

 

Surface Transport

 

0.7

 

Beverage & Tobacco

 

0.7

 

Clothing/Textiles

 

0.5

 

Farming/Agriculture

 

0.3

 

Air Transport

 

0.3

 

Broker/Dealer/Investment

 

0.3

 

Rail Industries

 

0.3

 

Cosmetics/Toiletries

 

0.3

 

Steel

 

0.1

 

 


(2)          Reflects the Trust’s investments as of April 30, 2007. Industries are shown as  a percentage of the Trust’s total investments. Portfolio information may not be representative of the Trust’s current or future investments and are subject to change due to active management.

Trust allocations(3)

By total investments


(3)          Trust Allocations are shown as a percentage of the Trust’s total investments, which represents 159.1% of the Trust’s net assets as of April 30, 2007. Trust statistics may not be representative of the Trust’s current or future investments and are subject to change due to active management.

2




Eaton Vance Senior Floating-Rate Trust as of April 30, 2007

PORTFOLIO OF INVESTMENTS (Unaudited)

Senior, Floating Rate Interests — 139.2%(1)      
Principal
Amount
  Borrower/Tranche Description   Value  
Aerospace and Defense — 2.6%      
DRS Technologies, Inc.      
$ 828,386     Term Loan, 6.86%, Maturing January 31, 2013   $ 830,561    
Evergreen International Aviation      
  1,472,461     Term Loan, 8.83%, Maturing October 31, 2011     1,481,664    
Hawker Beechcraft Acquisition      
  176,702     Term Loan, 5.25%, Maturing March 26, 2014     177,538    
  2,088,298     Term Loan, 7.32%, Maturing March 26, 2014     2,098,180    
Hexcel Corp.      
  1,386,641     Term Loan, 7.11%, Maturing March 1, 2012     1,391,840    
IAP Worldwide Services, Inc.      
  962,813     Term Loan, 9.69%, Maturing December 30, 2012     965,069    
K&F Industries, Inc.      
  1,385,545     Term Loan, 7.32%, Maturing November 18, 2012     1,387,927    
Spirit AeroSystems, Inc.      
  1,622,010     Term Loan, 7.11%, Maturing December 31, 2011     1,631,134    
Standard Aero Holdings, Inc.      
  1,220,448     Term Loan, 7.59%, Maturing August 24, 2012     1,222,737    
TransDigm, Inc.      
  1,625,000     Term Loan, 7.35%, Maturing June 23, 2013     1,636,578    
Vought Aircraft Industries, Inc.      
  2,138,729     Term Loan, 7.83%, Maturing December 17, 2011     2,157,443    
Wesco Aircraft Hardware Corp.      
  1,164,229     Term Loan, 7.60%, Maturing September 29, 2013     1,173,689    
Wyle Laboratories, Inc.      
  250,335     Term Loan, 8.11%, Maturing January 28, 2011     251,665    
            $ 16,406,025    
Air Transport — 0.3%      
Northwest Airlines, Inc.      
$ 2,100,000     DIP Loan, 7.32%, Maturing August 21, 2008   $ 2,109,845    
            $ 2,109,845    
Automotive — 6.4%      
AA Acquisitions Co., Ltd.      
GBP 1,000,000     Term Loan, 7.90%, Maturing June 25, 2012   $ 2,029,564    
Accuride Corp.      
  2,024,423     Term Loan, 7.38%, Maturing January 31, 2012     2,038,762    
Affina Group, Inc.      
  1,370,985     Term Loan, 8.36%, Maturing November 30, 2011     1,381,910    
AxleTech International Holding, Inc.      
  1,750,000     Term Loan, 11.85%, Maturing April 21, 2013     1,767,500    

 

Principal
Amount
  Borrower/Tranche Description   Value  
Automotive (continued)      
CSA Acquisition Corp.      
$ 361,032     Term Loan, 7.88%, Maturing December 23, 2011   $ 363,232    
  929,390     Term Loan, 7.88%, Maturing December 23, 2011     935,054    
  493,750     Term Loan, 7.88%, Maturing December 23, 2012     497,453    
Dana Corp.      
  2,350,000     Term Loan, 7.88%, Maturing March 30, 2008     2,357,894    
Dayco Products, LLC      
  2,009,813     Term Loan, 7.85%, Maturing June 21, 2011     2,031,585    
Exide Technologies, Inc.      
  600,067     Term Loan, 11.63%, Maturing May 5, 2010     630,821    
  606,424     Term Loan, 11.63%, Maturing May 5, 2010     637,503    
Federal-Mogul Corp.      
  2,915,607     Revolving Loan, 6.83%, Maturing July 1, 2007(2)     2,904,977    
Ford Motor Co.      
  1,770,563     Term Loan, 8.36%, Maturing December 15, 2013     1,784,784    
General Motors Corp.      
  1,446,375     Term Loan, 7.73%, Maturing November 29, 2013     1,459,483    
Goodyear Tire & Rubber Co.      
  2,400,000     Term Loan, 7.10%, Maturing April 30, 2010     2,412,127    
  1,000,000     Term Loan, 8.82%, Maturing March 1, 2011     1,006,000    
HLI Operating Co., Inc.      
  1,788,705     Term Loan, 8.84%, Maturing June 3, 2009     1,798,394    
Keystone Automotive Operations, Inc.      
  897,750     Term Loan, 8.54%, Maturing January 12, 2012     896,628    
Osprey Acquisitions, Ltd.      
GBP 1,000,000     Term Loan, 7.79%, Maturing September 30, 2011     2,024,014    
R.J. Tower Corp.      
  1,725,000     Revolving Loan, 9.94%, Maturing August 2, 2007     1,723,613    
The Hertz Corp.      
  400,000     Term Loan, 5.35%, Maturing December 21, 2012     403,234    
  2,234,400     Term Loan, 7.08%, Maturing December 21, 2012     2,252,467    
TriMas Corp.      
  234,375     Term Loan, 8.07%, Maturing August 2, 2011     237,598    
  1,010,547     Term Loan, 8.12%, Maturing August 2, 2013     1,024,442    
TRW Automotive, Inc.      
  4,494,415     Term Loan, 6.94%, Maturing June 30, 2012     4,495,822    
United Components, Inc.      
  1,346,629     Term Loan, 7.61%, Maturing June 30, 2010     1,355,045    
            $ 40,449,906    
Beverage and Tobacco — 1.1%      
Constellation Brands, Inc.      
$ 1,583,333     Term Loan, 6.88%, Maturing June 5, 2013   $ 1,589,600    
Culligan International Co.      
  770,580     Term Loan, 7.07%, Maturing September 30, 2011     771,785    

 

See notes to financial statements
3



Eaton Vance Senior Floating-Rate Trust as of April 30, 2007

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Principal
Amount
  Borrower/Tranche Description   Value  
Beverage and Tobacco (continued)      
Reynolds American, Inc.      
$ 2,927,875     Term Loan, 7.11%, Maturing May 31, 2012   $ 2,951,925    
Southern Wine & Spirits of America, Inc.      
  1,435,111     Term Loan, 6.85%, Maturing May 31, 2012     1,443,183    
            $ 6,756,493    
Brokers, Dealers, and Investment Houses — 0.3%      
AmeriTrade Holding Corp.      
$ 2,003,528     Term Loan, 6.82%, Maturing December 31, 2012   $ 2,010,310    
            $ 2,010,310    
Building and Development — 7.3%      
Beacon Sales Acquisition, Inc.      
$ 696,500     Term Loan, 7.35%, Maturing September 30, 2013   $ 698,241    
BioMed Realty, L.P.      
  3,055,000     Term Loan, 7.57%, Maturing May 31, 2010     3,066,456    
Brickman Group Holdings, Inc.      
  1,225,000     Term Loan, 7.40%, Maturing January 23, 2014     1,228,828    
Building Materials Corp. of America      
  1,421,438     Term Loan, 8.19%, Maturing February 22, 2014     1,415,396    
Capital Automotive (REIT)      
  1,232,598     Term Loan, 7.07%, Maturing December 16, 2010     1,244,715    
Epco / Fantome, LLC      
  1,464,000     Term Loan, 7.98%, Maturing November 23, 2010     1,471,320    
Formica Corp.      
  1,014,750     Term Loan, 8.34%, Maturing March 15, 2013     1,015,702    
FT-FIN Acquisition, LLC      
  1,216,350     Term Loan, 6.83%, Maturing November 17, 2007(2)     1,219,391    
Hovstone Holdings, LLC      
  1,425,127     Term Loan, 7.09%, Maturing February 28, 2009     1,403,750    
Lanoga Corp.      
  1,240,648     Term Loan, 7.10%, Maturing June 29, 2013     1,230,568    
LNR Property Corp.      
  2,800,000     Term Loan, 8.11%, Maturing July 3, 2011     2,819,499    
Mattamy Funding Partnership      
  496,250     Term Loan, 7.63%, Maturing April 11, 2013     496,405    
Mueller Group, Inc.      
  2,670,048     Term Loan, 7.35%, Maturing October 3, 2012     2,690,628    
NCI Building Systems, Inc.      
  594,000     Term Loan, 6.82%, Maturing June 18, 2010     595,856    
Nortek, Inc.      
  2,725,101     Term Loan, 7.36%, Maturing August 27, 2011     2,736,682    
November 2005 Land Investors      
  396,647     Term Loan, 8.10%, Maturing May 9, 2011     395,656    

 

Principal
Amount
  Borrower/Tranche Description   Value  
Building and Development (continued)      
Panolam Industries Holdings, Inc.      
$ 563,573     Term Loan, 8.10%, Maturing September 30, 2012   $ 565,334    
PLY GEM Industries, Inc.      
  1,855,661     Term Loan, 8.10%, Maturing August 15, 2011     1,856,821    
  69,339     Term Loan, 8.10%, Maturing August 15, 2011     69,382    
Realogy Corp.      
  689,394     Term Loan, 8.32%, Maturing September 1, 2014     692,964    
  2,560,606     Term Loan, 8.35%, Maturing September 1, 2014     2,573,867    
Rubicon GSA II, LLC      
  2,350,000     Term Loan, 8.09%, Maturing July 31, 2008     2,350,000    
South Edge, LLC      
  787,500     Term Loan, 7.38%, Maturing October 31, 2009     783,562    
Stile Acquisition Corp.      
  1,169,452     Term Loan, 7.35%, Maturing April 6, 2013     1,146,246    
Stile U.S. Acquisition Corp.      
  1,171,445     Term Loan, 7.35%, Maturing April 6, 2013     1,148,198    
TE / Tousa Senior, LLC      
  1,575,000     Term Loan, 11.75%, Maturing August 1, 2008     1,564,499    
Tousa / Kolter, LLC      
  1,380,000     Term Loan, 7.60%, Maturing January 7, 2008     1,381,725    
TRU 2005 RE Holding Co.      
  4,100,000     Term Loan, 8.32%, Maturing December 9, 2008     4,137,798    
United Subcontractors, Inc.      
  825,000     Term Loan, 12.62%, Maturing June 27, 2013     812,281    
Wintergames Acquisition ULC      
  2,969,375     Term Loan, 7.42%, Maturing October 26, 2007     2,976,799    
            $ 45,788,569    
Business Equipment and Services — 10.6%      
ACCO Brands Corp.      
$ 1,307,450     Term Loan, 7.11%, Maturing August 17, 2012   $ 1,318,890    
Activant Solutions, Inc.      
  721,446     Term Loan, 7.38%, Maturing May 1, 2013     721,446    
Affiliated Computer Services      
  814,688     Term Loan, 7.32%, Maturing March 20, 2013     817,233    
  2,158,688     Term Loan, 7.32%, Maturing March 20, 2013     2,165,433    
Affinion Group, Inc.      
  2,677,491     Term Loan, 7.86%, Maturing October 17, 2012     2,702,258    
Allied Security Holdings, LLC      
  1,276,364     Term Loan, 8.35%, Maturing June 30, 2010     1,292,318    
Buhrmann US, Inc.      
  3,091,590     Term Loan, 7.10%, Maturing December 31, 2010     3,104,151    
DynCorp International, LLC      
  1,205,400     Term Loan, 7.63%, Maturing February 11, 2011     1,215,445    

 

See notes to financial statements
4



Eaton Vance Senior Floating-Rate Trust as of April 30, 2007

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Principal
Amount
  Borrower/Tranche Description   Value  
Business Equipment and Services (continued)      
Education Management, LLC      
$ 2,784,609     Term Loan, 7.38%, Maturing June 1, 2013   $ 2,798,532    
Gate Gourmet Borrower, LLC      
  1,116,984     Term Loan, 8.09%, Maturing March 9, 2012     1,130,947    
  183,333     Term Loan, 8.09%, Maturing March 9, 2012     180,583    
Info USA, Inc.      
  617,203     Term Loan, 7.35%, Maturing February 14, 2012     619,518    
Language Line, Inc.      
  2,246,421     Term Loan, 8.60%, Maturing June 11, 2011     2,268,534    
N.E.W. Holdings I, LLC      
  770,000     Term Loan, 12.35%, Maturing February 8, 2014     782,512    
  460,976     Term Loan, 7.60%, Maturing August 8, 2014     464,145    
Nielsen Finance, LLC      
  6,890,375     Term Loan, 7.61%, Maturing August 9, 2013     6,958,562    
Protection One, Inc.      
  909,749     Term Loan, 7.59%, Maturing March 31, 2012     913,445    
Quantum Corp.      
  425,000     Term Loan, 9.34%, Maturing August 22, 2012     425,531    
Quintiles Transnational Corp.      
  1,700,000     Term Loan, 9.35%, Maturing March 31, 2014     1,726,209    
Sabare, Inc.      
  3,175,000     Term Loan, 7.61%, Maturing September 30, 2014     3,185,417    
Serena Software, Inc.      
  517,500     Term Loan, 7.59%, Maturing March 10, 2013     520,993    
Sitel (Client Logic)      
  1,995,594     Term Loan, 7.82%, Maturing January 29, 2014     2,010,561    
Sungard Data Systems, Inc.      
  12,871,241     Term Loan, 7.36%, Maturing February 11, 2013     12,997,006    
TDS Investor Corp.      
EUR 1,994,987     Term Loan, 6.66%, Maturing August 23, 2013     2,743,321    
  2,741,328     Term Loan, 7.85%, Maturing August 23, 2013     2,768,429    
  269,897     Term Loan, 7.85%, Maturing August 23, 2013     272,565    
Telcordia Technologies, Inc.      
  2,679,093     Term Loan, 8.11%, Maturing September 15, 2012     2,652,303    
US Investigations Services, Inc.      
  1,183,234     Term Loan, 7.85%, Maturing October 14, 2012     1,192,848    
  1,541,537     Term Loan, 7.85%, Maturing October 14, 2013     1,554,062    
West Corp.      
  3,441,375     Term Loan, 7.75%, Maturing October 24, 2013     3,470,197    
Williams Scotsman, Inc.      
  750,000     Term Loan, 6.82%, Maturing June 27, 2010     749,766    
Worldspan, L.P.      
  1,396,500     Term Loan, 8.60%, Maturing December 7, 2013     1,403,657    
            $ 67,126,817    

 

Principal
Amount
  Borrower/Tranche Description   Value  
Cable and Satellite Television — 6.6%      
Atlantic Broadband Finance, LLC      
$ 4,262,234     Term Loan, 7.60%, Maturing February 10, 2011   $ 4,311,518    
Bragg Communications, Inc.      
  1,023,750     Term Loan, 7.11%, Maturing August 31, 2011     1,028,229    
Bresnan Broadband Holdings, LLC      
  1,200,000     Term Loan, 9.84%, Maturing March 29, 2014     1,219,126    
CSC Holdings, Inc.      
  2,970,000     Term Loan, 7.08%, Maturing March 29, 2013     2,983,861    
Insight Midwest Holdings, LLC      
  5,325,000     Term Loan, 7.35%, Maturing April 6, 2014     5,358,697    
Mediacom Broadband Group      
  5,880,711     Term Loan, 7.10%, Maturing January 31, 2015     5,888,062    
Mediacom Illinois, LLC      
  2,777,788     Term Loan, 7.10%, Maturing January 31, 2015     2,781,260    
NTL Investment Holdings, Ltd.      
  2,492,490     Term Loan, 7.36%, Maturing March 30, 2012     2,507,291    
GBP 530,337     Term Loan, 7.85%, Maturing March 30, 2012     1,065,059    
GBP 269,663     Term Loan, 7.85%, Maturing March 30, 2012     541,555    
Orion Cable GMBH      
EUR 825,000     Term Loan, 6.62%, Maturing October 31, 2014     1,137,278    
EUR 825,000     Term Loan, 7.22%, Maturing October 31, 2015     1,142,573    
Persona Communications Corp.      
  354,378     Term Loan, 8.10%, Maturing October 12, 2013     359,029    
  570,622     Term Loan, 8.10%, Maturing October 12, 2013     578,112    
  825,000     Term Loan, 11.35%, Maturing April 12, 2014     840,984    
UGS Corp.      
  2,203,138     Term Loan, 7.07%, Maturing March 31, 2012     2,204,515    
UPC Broadband Holding B.V.      
EUR 4,050,000     Term Loan, 5.94%, Maturing June 30, 2009     5,560,246    
  1,195,000     Term Loan, 7.37%, Maturing March 31, 2013     1,197,561    
  1,195,000     Term Loan, 7.37%, Maturing December 31, 2013     1,197,561    
            $ 41,902,517    
Chemicals and Plastics — 9.0%      
Basell Af S.A.R.L.      
$ 312,500     Term Loan, 7.57%, Maturing August 1, 2013   $ 316,553    
  62,500     Term Loan, 7.57%, Maturing August 1, 2013     63,311    
  312,500     Term Loan, 8.32%, Maturing August 1, 2014     316,553    
  62,500     Term Loan, 8.32%, Maturing August 1, 2014     63,311    
Brenntag Holding GmbH and Co. KG      
  1,526,909     Term Loan, 7.89%, Maturing December 23, 2013     1,544,803    
  373,091     Term Loan, 7.89%, Maturing December 23, 2013     377,638    
  1,000,000     Term Loan, 11.89%, Maturing December 23, 2015     1,022,969    
Celanese Holdings, LLC      
  4,225,000     Term Loan, 7.10%, Maturing April 2, 2014     4,252,070    

 

See notes to financial statements
5



Eaton Vance Senior Floating-Rate Trust as of April 30, 2007

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Principal
Amount
  Borrower/Tranche Description   Value  
Chemicals and Plastics (continued)      
Georgia Gulf Corp.      
$ 934,453     Term Loan, 7.32%, Maturing October 3, 2013   $ 939,335    
Hercules, Inc.      
  783,225     Term Loan, 6.82%, Maturing October 8, 2010     784,889    
Hexion Specialty Chemicals, Inc.      
  4,509,055     Term Loan, 7.88%, Maturing May 5, 2013     4,546,926    
  979,495     Term Loan, 7.88%, Maturing May 5, 2013     987,722    
INEOS Group      
  1,608,750     Term Loan, 7.58%, Maturing December 14, 2013     1,628,859    
  1,608,750     Term Loan, 8.08%, Maturing December 14, 2014     1,628,859    
Innophos, Inc.      
  635,150     Term Loan, 7.57%, Maturing August 10, 2010     638,590    
Invista B.V.      
  2,510,925     Term Loan, 6.85%, Maturing April 29, 2011     2,515,633    
  1,330,976     Term Loan, 6.85%, Maturing April 29, 2011     1,333,471    
ISP Chemo, Inc.      
  2,178,000     Term Loan, 7.13%, Maturing February 16, 2013     2,193,751    
Kranton Polymers, LLC      
  3,242,160     Term Loan, 7.38%, Maturing May 12, 2013     3,271,203    
Lucite International Group Holdings      
  606,296     Term Loan, 8.07%, Maturing July 7, 2013     613,875    
  214,122     Term Loan, 8.07%, Maturing July 7, 2013(2)     216,799    
Lyondell Chemical Co.      
  3,980,000     Term Loan, 6.86%, Maturing August 16, 2013     3,997,540    
Momentive Performance Material      
  1,720,688     Term Loan, 7.63%, Maturing December 4, 2013     1,731,621    
Mosaic Co.      
  1,414,854     Term Loan, 7.12%, Maturing December 21, 2012     1,423,991    
Nalco Co.      
  5,411,119     Term Loan, 7.10%, Maturing November 4, 2010     5,447,595    
PQ Corp.      
  1,251,343     Term Loan, 7.35%, Maturing February 10, 2012     1,256,036    
Professional Paint, Inc.      
  719,563     Term Loan, 7.63%, Maturing May 31, 2012     715,965    
  350,000     Term Loan, 11.13%, Maturing May 31, 2013     346,500    
Propex Fabrics, Inc.      
  832,057     Term Loan, 8.36%, Maturing July 31, 2012     833,097    
Rockwood Specialties Group, Inc.      
  4,361,000     Term Loan, 7.36%, Maturing December 10, 2012     4,401,614    
Solo Cup Co.      
  2,631,449     Term Loan, 8.85%, Maturing February 27, 2011     2,676,265    
  550,000     Term Loan, 11.57%, Maturing March 31, 2012     563,235    
Solutia, Inc.      
  1,850,000     DIP Loan, 8.36%, Maturing March 31, 2008     1,871,993    

 

Principal
Amount
  Borrower/Tranche Description   Value  
Chemicals and Plastics (continued)      
Wellman, Inc.      
$ 2,250,000     Term Loan, 9.36%, Maturing February 10, 2009   $ 2,270,155    
            $ 56,792,727    
Clothing / Textiles — 0.2%      
St. John Knits International, Inc.      
$ 577,673     Term Loan, 8.35%, Maturing March 23, 2012   $ 582,005    
The William Carter Co.      
  636,689     Term Loan, 6.85%, Maturing July 14, 2012     637,087    
            $ 1,219,092    
Conglomerates — 2.7%      
Amsted Industries, Inc.      
$ 1,720,078     Term Loan, 7.35%, Maturing October 15, 2010   $ 1,726,529    
Blount, Inc.      
  342,154     Term Loan, 7.08%, Maturing August 9, 2010     342,582    
Dundee Holding, Inc.      
  1,296,966     Term Loan, 8.11%, Maturing February 17, 2014     1,300,208    
  1,703,034     Term Loan, 8.61%, Maturing February 17, 2015     1,715,807    
Euramax International, Inc.      
  606,508     Term Loan, 8.38%, Maturing June 28, 2012     606,508    
  501,316     Term Loan, 12.35%, Maturing June 28, 2013     497,400    
  248,684     Term Loan, 12.35%, Maturing June 28, 2013     246,741    
GenTek, Inc.      
  548,564     Term Loan, 7.36%, Maturing February 25, 2011     550,792    
Goodman Global Holdings, Inc.      
  887,827     Term Loan, 7.13%, Maturing December 23, 2011     890,786    
Jarden Corp.      
  2,167,018     Term Loan, 7.10%, Maturing January 24, 2012     2,174,091    
  1,221,104     Term Loan, 7.10%, Maturing January 24, 2012     1,223,647    
Johnson Diversey, Inc.      
  1,699,371     Term Loan, 7.86%, Maturing December 16, 2011     1,722,029    
Polymer Group, Inc.      
  2,542,813     Term Loan, 7.59%, Maturing November 22, 2012     2,549,965    
RBS Global, Inc.      
  296,250     Term Loan, 7.58%, Maturing July 19, 2013     298,796    
Rexnord Corp.      
  1,329,918     Term Loan, 7.86%, Maturing July 19, 2013     1,341,347    
            $ 17,187,228    
Containers and Glass Products — 4.7%      
Berry Plastics Corp.      
$ 1,900,000     Term Loan, 7.32%, Maturing April 3, 2015   $ 1,908,016    

 

See notes to financial statements
6



Eaton Vance Senior Floating-Rate Trust as of April 30, 2007

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Principal
Amount
  Borrower/Tranche Description   Value  
Containers and Glass Products (continued)      
Bluegrass Container Co.      
$ 377,150     Term Loan, 7.59%, Maturing June 30, 2013   $ 381,797    
  1,260,475     Term Loan, 7.59%, Maturing June 30, 2013     1,276,005    
  284,848     Term Loan, 10.32%, Maturing December 30, 2013     290,688    
  890,152     Term Loan, 10.32%, Maturing December 30, 2013     908,400    
Consolidated Container Co.      
  1,000,000     Term Loan, 10.86%, Maturing September 28, 2014     995,000    
Crown Americas, LLC      
  618,750     Term Loan, 7.11%, Maturing November 15, 2012     620,838    
Graham Packaging Holdings Co.      
  4,250,000     Term Loan, 7.63%, Maturing October 7, 2011     4,280,991    
Graphic Packaging International, Inc.      
  5,163,055     Term Loan, 7.83%, Maturing August 8, 2010     5,184,435    
IPG (US), Inc.      
  1,959,945     Term Loan, 8.05%, Maturing July 28, 2011     1,967,295    
JSG Acquisitions      
  1,845,000     Term Loan, 7.73%, Maturing December 31, 2013     1,864,603    
  1,845,000     Term Loan, 8.10%, Maturing December 13, 2014     1,873,828    
Kranson Industries, Inc.      
  845,750     Term Loan, 7.60%, Maturing July 31, 2013     849,979    
Owens-Brockway Glass Container      
  1,588,438     Term Loan, 6.82%, Maturing June 14, 2013     1,593,899    
Smurfit-Stone Container Corp.      
  650,961     Term Loan, 5.22%, Maturing November 1, 2011     656,620    
  709,782     Term Loan, 7.38%, Maturing November 1, 2011     715,952    
  2,573,226     Term Loan, 7.38%, Maturing November 1, 2011     2,595,595    
  1,611,561     Term Loan, 7.38%, Maturing November 1, 2011     1,625,570    
            $ 29,589,511    
Cosmetics / Toiletries — 0.4%      
American Safety Razor Co.      
$ 900,000     Term Loan, 11.63%, Maturing July 31, 2014   $ 916,875    
Prestige Brands, Inc.      
  1,710,507     Term Loan, 7.63%, Maturing April 7, 2011     1,721,198    
            $ 2,638,073    
Drugs — 1.4%      
Graceway Pharmaceuticals, LLC      
$ 988,000     Term Loan, 7.85%, Maturing December 29, 2011   $ 989,853    
  1,000,000     Term Loan, 11.35%, Maturing December 29, 2012     1,017,500    
Pharmaceutical Holdings Corp.      
  675,000     Term Loan, 8.57%, Maturing January 30, 2012     676,688    
Stiefel Laboratories, Inc.      
  756,531     Term Loan, 7.61%, Maturing December 28, 2013     764,096    

 

Principal
Amount
  Borrower/Tranche Description   Value  
Drugs (continued)      
$ 989,094     Term Loan, 7.61%, Maturing December 28, 2013   $ 998,985    
  750,000     Term Loan, 10.36%, Maturing June 28, 2014     767,813    
Warner Chilcott Corp.      
  743,872     Term Loan, 7.35%, Maturing January 18, 2012     748,388    
  28,205     Term Loan, 7.35%, Maturing January 18, 2012     28,342    
  2,709,423     Term Loan, 7.36%, Maturing January 18, 2012     2,725,872    
            $ 8,717,537    
Ecological Services and Equipment — 2.5%      
Allied Waste Industries, Inc.      
$ 1,297,702     Term Loan, 5.33%, Maturing January 15, 2012   $ 1,305,488    
  2,926,157     Term Loan, 7.10%, Maturing January 15, 2012     2,942,356    
Blue Waste B.V. (AVR Acquisition)      
EUR 1,000,000     Term Loan, 6.17%, Maturing April 1, 2015     1,388,846    
Duratek, Inc.      
  589,387     Term Loan, 7.63%, Maturing June 7, 2013     595,281    
EnergySolutions, LLC      
  62,107     Term Loan, 7.57%, Maturing June 7, 2013     62,728    
  1,271,752     Term Loan, 7.63%, Maturing June 7, 2013     1,284,469    
Environmental Systems, Inc.      
  901,150     Term Loan, 10.75%, Maturing December 12, 2008     898,897    
  2,500,000     Term Loan, 17.25%, Maturing December 12, 2010     1,406,250    
IESI Corp.      
  970,588     Term Loan, 7.11%, Maturing January 20, 2012     973,621    
Kemble Water Structure, Ltd.      
GBP 1,250,000     Term Loan, 9.33%, Maturing October 13, 2013     2,526,026    
Sensus Metering Systems, Inc.      
  250,109     Term Loan, 7.36%, Maturing December 17, 2010     251,359    
  2,308,696     Term Loan, 7.36%, Maturing December 17, 2010     2,320,239    
            $ 15,955,560    
Electronics / Electrical — 4.2%      
Advanced Micro Devices, Inc.      
$ 1,850,625     Term Loan, 7.34%, Maturing December 31, 2013   $ 1,855,671    
AMI Semiconductor, Inc.      
  1,822,381     Term Loan, 6.82%, Maturing April 1, 2012     1,817,825    
Aspect Software, Inc.      
  2,014,875     Term Loan, 8.31%, Maturing July 11, 2011     2,035,864    
  1,800,000     Term Loan, 12.44%, Maturing July 11, 2013     1,813,500    
Communications & Power, Inc.      
  425,926     Term Loan, 7.57%, Maturing July 23, 2010     427,789    
EnerSys Capital, Inc.      
  1,069,819     Term Loan, 7.11%, Maturing March 17, 2011     1,076,505    
Epicor Software Corp.      
  352,500     Term Loan, 8.25%, Maturing March 30, 2012     354,042    

 

See notes to financial statements
7



Eaton Vance Senior Floating-Rate Trust as of April 30, 2007

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Principal
Amount
  Borrower/Tranche Description   Value  
Electronics / Electrical (continued)      
FCI International S.A.S.      
$ 216,536     Term Loan, 7.74%, Maturing November 1, 2013   $ 219,288    
  208,464     Term Loan, 7.87%, Maturing November 1, 2013     211,113    
  216,536     Term Loan, 8.62%, Maturing November 1, 2013     218,701    
  208,464     Term Loan, 8.62%, Maturing November 1, 2013     210,549    
Freescale Semiconductor, Inc.      
  4,314,188     Term Loan, 7.11%, Maturing December 1, 2013     4,326,435    
Infor Enterprise Solutions Holdings      
  2,631,775     Term Loan, 9.10%, Maturing July 28, 2012     2,654,145    
  1,373,100     Term Loan, 9.10%, Maturing July 28, 2012     1,381,682    
Open Solutions, Inc.      
  2,100,000     Term Loan, 7.49%, Maturing January 23, 2014     2,110,500    
Sensata Technologies Finance Co.      
  1,791,487     Term Loan, 7.10%, Maturing April 27, 2013     1,792,657    
TTM Technologies, Inc.      
  421,875     Term Loan, 7.59%, Maturing October 27, 2012     423,457    
VeriFone, Inc.      
  1,546,125     Term Loan, 7.11%, Maturing October 31, 2013     1,559,654    
Vertafore, Inc.      
  1,000,000     Term Loan, 7.82%, Maturing January 31, 2012     1,005,938    
  850,000     Term Loan, 11.36%, Maturing January 31, 2013     850,000    
            $ 26,345,315    
Equipment Leasing — 1.1%      
AWAS Capital, Inc.      
$ 2,254,304     Term Loan, 11.38%, Maturing March 22, 2013   $ 2,288,119    
Maxim Crane Works, L.P.      
  1,033,059     Term Loan, 7.33%, Maturing January 28, 2010     1,034,996    
United Rentals, Inc.      
  1,121,250     Term Loan, 5.32%, Maturing February 14, 2011     1,127,674    
  2,463,396     Term Loan, 7.32%, Maturing February 14, 2011     2,477,509    
            $ 6,928,298    
Farming / Agriculture — 0.5%      
BF Bolthouse HoldCo, LLC      
$ 1,150,000     Term Loan, 10.85%, Maturing December 16, 2013   $ 1,166,531    
Central Garden & Pet Co.      
  2,054,250     Term Loan, 6.82%, Maturing February 28, 2014     2,057,781    
            $ 3,224,312    
Financial Intermediaries — 2.0%      
AIMCO Properties, L.P.      
$ 2,300,000     Term Loan, 6.86%, Maturing March 23, 2011   $ 2,305,750    

 

Principal
Amount
  Borrower/Tranche Description   Value  
Financial Intermediaries (continued)      
Citgo III, Ltd.      
$ 250,000     Term Loan, 8.11%, Maturing August 3, 2013   $ 251,953    
  250,000     Term Loan, 8.61%, Maturing August 3, 2014     252,813    
Coinstar, Inc.      
  522,125     Term Loan, 7.35%, Maturing July 7, 2011     525,062    
Grosvenor Capital Management      
  1,546,125     Term Loan, 7.60%, Maturing December 5, 2013     1,563,519    
Investools, Inc.      
  450,000     Term Loan, 8.60%, Maturing August 13, 2012     451,125    
iPayment, Inc.      
  940,500     Term Loan, 7.34%, Maturing May 10, 2013     941,088    
LPL Holdings, Inc.      
  3,588,818     Term Loan, 7.85%, Maturing June 30, 2013     3,638,724    
Oxford Acquisition III, Ltd.      
  1,250,000     Term Loan, 7.74%, Maturing September 20, 2013     1,262,480    
The Macerich Partnership, L.P.      
  1,210,000     Term Loan, 6.88%, Maturing April 25, 2010     1,212,269    
            $ 12,404,783    
Food Products — 3.6%      
Acosta, Inc.      
$ 3,078,616     Term Loan, 7.57%, Maturing July 28, 2013   $ 3,106,194    
Chiquita Brands, LLC      
  1,169,175     Term Loan, 8.38%, Maturing June 28, 2012     1,184,520    
Dean Foods Co.      
  3,475,000     Term Loan, 6.88%, Maturing April 2, 2014     3,484,911    
Dole Food Company, Inc.      
  162,791     Term Loan, 5.23%, Maturing April 12, 2013     162,813    
  1,208,721     Term Loan, 7.46%, Maturing April 12, 2013     1,208,889    
  362,616     Term Loan, 7.54%, Maturing April 12, 2013     362,667    
Michael Foods, Inc.      
  3,152,042     Term Loan, 7.36%, Maturing November 21, 2010     3,165,177    
National Dairy Holdings, L.P.      
  729,143     Term Loan, 7.32%, Maturing March 15, 2012     730,510    
Pinnacle Foods Finance, LLC      
  3,775,000     Term Loan, 8.10%, Maturing April 2, 2014     3,805,200    
QCE Finance, LLC      
  1,244,366     Term Loan, 7.60%, Maturing May 5, 2013     1,250,587    
  950,000     Term Loan, 11.10%, Maturing November 5, 2013     967,615    
Reddy Ice Group, Inc.      
  1,970,000     Term Loan, 7.11%, Maturing August 9, 2012     1,975,542    
Sturm Foods, Inc.      
  1,150,000     Term Loan, 7.94%, Maturing January 31, 2014     1,154,073    
            $ 22,558,698    

 

See notes to financial statements
8



Eaton Vance Senior Floating-Rate Trust as of April 30, 2007

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Principal
Amount
  Borrower/Tranche Description   Value  
Food Service — 2.0%      
AFC Enterprises, Inc.      
$ 466,641     Term Loan, 7.13%, Maturing May 23, 2009   $ 470,141    
Aramark Corp.      
GBP 997,500     Term Loan, 7.71%, Maturing January 27, 2014     2,004,825    
Buffets, Inc.      
  186,667     Term Loan, 5.26%, Maturing May 1, 2013     188,242    
  1,409,800     Term Loan, 8.36%, Maturing November 1, 2013     1,421,696    
Burger King Corp.      
  1,110,080     Term Loan, 6.88%, Maturing June 30, 2012     1,114,319    
CBRL Group, Inc.      
  1,772,182     Term Loan, 6.86%, Maturing April 27, 2013     1,776,428    
Denny's, Inc.      
  133,333     Term Loan, 7.32%, Maturing March 31, 2012     134,625    
  803,783     Term Loan, 7.35%, Maturing March 31, 2012     811,570    
Krispy Kreme Doughnut Corp.      
  483,000     Term Loan, 8.36%, Maturing February 16, 2014     487,981    
NPC International, Inc.      
  395,833     Term Loan, 7.10%, Maturing May 3, 2013     396,823    
Nutro Products, Inc.      
  460,144     Term Loan, 7.35%, Maturing April 26, 2013     460,575    
RMK Acquisition Corp. (Aramark)      
  115,496     Term Loan, 5.20%, Maturing January 26, 2014     116,172    
  1,611,985     Term Loan, 7.48%, Maturing January 26, 2014     1,621,418    
Sagittarius Restaurants, LLC      
  396,000     Term Loan, 7.62%, Maturing March 29, 2013     398,228    
Sbarro, Inc.      
  1,000,000     Term Loan, 7.85%, Maturing January 31, 2014     1,010,417    
            $ 12,413,460    
Food / Drug Retailers — 1.8%      
General Nutrition Centers, Inc.      
$ 1,050,000     Term Loan, 7.60%, Maturing September 16, 2013   $ 1,049,606    
Roundy's Supermarkets, Inc.      
  3,382,273     Term Loan, 8.09%, Maturing November 3, 2011     3,414,827    
Supervalu, Inc.      
  1,485,000     Term Loan, 6.84%, Maturing June 1, 2012     1,492,847    
The Jean Coutu Group (PJC), Inc.      
  4,329,371     Term Loan, 7.88%, Maturing July 30, 2011     4,339,779    
The Pantry, Inc.      
  790,000     Term Loan, 7.07%, Maturing January 2, 2012     791,975    
            $ 11,089,034    
Forest Products — 2.8%      
Appleton Papers, Inc.      
$ 1,530,965     Term Loan, 7.60%, Maturing June 11, 2010   $ 1,534,793    

 

Principal
Amount
  Borrower/Tranche Description   Value  
Forest Products (continued)      
Boise Cascade Holdings, LLC      
$ 2,363,411     Term Loan, 6.82%, Maturing October 29, 2011   $ 2,374,288    
Buckeye Technologies, Inc.      
  1,622,822     Term Loan, 7.33%, Maturing April 15, 2010     1,625,864    
Georgia-Pacific Corp.      
  8,739,375     Term Loan, 7.09%, Maturing December 20, 2012     8,792,388    
NewPage Corp.      
  1,842,516     Term Loan, 7.63%, Maturing May 2, 2011     1,860,941    
Xerium Technologies, Inc.      
  1,260,977     Term Loan, 8.10%, Maturing May 18, 2012     1,264,129    
            $ 17,452,403    
Healthcare — 10.7%      
Accellent, Inc.      
$ 1,343,100     Term Loan, 7.86%, Maturing November 22, 2012   $ 1,342,820    
Alliance Imaging, Inc.      
  1,066,583     Term Loan, 7.88%, Maturing December 29, 2011     1,072,450    
American Medical Systems      
  1,572,898     Term Loan, 7.68%, Maturing July 20, 2012     1,574,864    
AmeriPath, Inc.      
  861,300     Term Loan, 7.36%, Maturing October 31, 2012     862,161    
AMN Healthcare, Inc.      
  378,714     Term Loan, 7.10%, Maturing November 2, 2011     379,897    
AMR HoldCo, Inc.      
  1,893,706     Term Loan, 7.38%, Maturing February 10, 2012     1,901,401    
Carl Zeiss Vision Holding GmbH      
  1,300,000     Term Loan, 7.84%, Maturing March 23, 2015     1,321,938    
Community Health Systems, Inc.      
  7,060,434     Term Loan, 7.10%, Maturing August 19, 2011     7,086,360    
  1,990,000     Term Loan, 7.10%, Maturing February 29, 2012     1,997,307    
Concentra Operating Corp.      
  935,592     Term Loan, 7.33%, Maturing September 30, 2011     939,100    
CONMED Corp.      
  774,074     Term Loan, 7.07%, Maturing April 13, 2013     774,558    
CRC Health Corp.      
  497,500     Term Loan, 7.85%, Maturing February 6, 2013     500,609    
  495,013     Term Loan, 7.85%, Maturing February 6, 2013     498,106    
Davita, Inc.      
  5,047,997     Term Loan, 6.84%, Maturing October 5, 2012     5,068,507    
DJ Orthopedics, LLC      
  327,250     Term Loan, 6.88%, Maturing April 7, 2013     327,250    
Emdeon Business Services, LLC      
  1,709,264     Term Loan, 7.60%, Maturing November 16, 2013     1,718,878    
Encore Medical Finance, LLC      
  1,817,757     Term Loan, 7.88%, Maturing November 3, 2013     1,824,006    

 

See notes to financial statements
9



Eaton Vance Senior Floating-Rate Trust as of April 30, 2007

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Principal
Amount
  Borrower/Tranche Description   Value  
Healthcare (continued)      
FGX International, Inc.      
$ 594,000     Term Loan, 9.35%, Maturing December 12, 2012   $ 595,485    
FHC Health Systems, Inc.      
  395,682     Term Loan, 12.11%, Maturing December 18, 2009     407,552    
  276,977     Term Loan, 14.11%, Maturing December 18, 2009     283,902    
  500,000     Term Loan, 15.11%, Maturing February 7, 2011     512,500    
Fresenius Medical Care Holdings      
  2,742,275     Term Loan, 6.73%, Maturing March 31, 2013     2,743,048    
Hanger Orthopedic Group, Inc.      
  719,567     Term Loan, 7.60%, Maturing May 30, 2013     723,471    
HCA, Inc.      
  6,758,063     Term Loan, 7.60%, Maturing November 18, 2013     6,836,598    
Health Management Association, Inc.      
  2,500,000     Term Loan, 7.10%, Maturing February 28, 2014     2,512,760    
HealthSouth Corp.      
  2,609,062     Term Loan, 7.85%, Maturing March 10, 2013     2,630,261    
Ikaria Acquisition, Inc.      
  630,638     Term Loan, 7.84%, Maturing March 28, 2013     634,580    
Invacare Corp.      
  1,022,438     Term Loan, 7.60%, Maturing February 12, 2013     1,028,828    
Kinetic Concepts, Inc.      
  1,068,801     Term Loan, 6.85%, Maturing October 3, 2009     1,071,139    
Leiner Health Products, Inc.      
  967,638     Term Loan, 8.58%, Maturing May 27, 2011     960,985    
LifeCare Holdings, Inc.      
  861,875     Term Loan, 7.60%, Maturing August 11, 2012     856,057    
LifePoint Hospitals, Inc.      
  3,816,851     Term Loan, 6.99%, Maturing April 15, 2012     3,811,962    
Magellan Health Services, Inc.      
  1,111,111     Term Loan, 5.20%, Maturing August 15, 2008     1,113,889    
  694,444     Term Loan, 7.10%, Maturing August 15, 2008     696,181    
Matria Healthcare, Inc.      
  162,837     Term Loan, 7.35%, Maturing January 19, 2012     163,651    
MultiPlan Merger Corp.      
  907,788     Term Loan, 7.82%, Maturing April 12, 2013     915,164    
MultiPlan, Inc.      
  605,944     Term Loan, 7.82%, Maturing April 12, 2013     610,868    
National Mentor Holdings, Inc.      
  61,600     Term Loan, 5.32%, Maturing June 29, 2013     61,850    
  1,030,612     Term Loan, 7.35%, Maturing June 29, 2013     1,034,799    
National Rental Institutes, Inc.      
  868,438     Term Loan, 7.63%, Maturing March 31, 2013     869,795    
RadNet Management, Inc.      
  548,625     Term Loan, 8.83%, Maturing November 15, 2012     551,368    
Renal Advantage, Inc.      
  344,859     Term Loan, 7.85%, Maturing October 5, 2012     348,308    

 

Principal
Amount
  Borrower/Tranche Description   Value  
Healthcare (continued)      
Select Medical Holding Corp.      
$ 2,154,793     Term Loan, 7.36%, Maturing February 24, 2012   $ 2,151,242    
Sunrise Medical Holdings, Inc.      
  675,653     Term Loan, 8.88%, Maturing May 13, 2010     668,897    
Vanguard Health Holding Co., LLC      
  2,187,634     Term Loan, 7.60%, Maturing September 23, 2011     2,204,496    
VWR International, Inc.      
  1,496,614     Term Loan, 7.61%, Maturing April 7, 2011     1,506,436    
            $ 67,696,284    
Home Furnishings — 1.8%      
Interline Brands, Inc.      
$ 995,736     Term Loan, 7.07%, Maturing June 23, 2013   $ 997,603    
  688,777     Term Loan, 7.07%, Maturing June 23, 2013     690,069    
Knoll, Inc.      
  1,635,118     Term Loan, 7.10%, Maturing October 3, 2012     1,644,520    
National Bedding Co., LLC      
  498,750     Term Loan, 7.35%, Maturing August 31, 2011     499,872    
  550,000     Term Loan, 10.36%, Maturing August 31, 2012     560,313    
Sealy Mattress Co.      
  2,989,286     Term Loan, 6.61%, Maturing August 25, 2011     2,964,998    
Simmons Co.      
  2,889,682     Term Loan, 7.43%, Maturing December 19, 2011     2,907,743    
  1,000,000     Term Loan, 10.65%, Maturing February 15, 2012     990,833    
            $ 11,255,951    
Industrial Equipment — 2.7%      
Aearo Technologies, Inc.      
$ 400,000     Term Loan, 11.85%, Maturing September 24, 2013   $ 407,000    
Alliance Laundry Holdings, LLC      
  851,394     Term Loan, 7.57%, Maturing January 27, 2012     858,311    
Douglas Dynamics Holdings, Inc.      
  857,241     Term Loan, 7.10%, Maturing December 16, 2010     850,811    
Flowserve Corp.      
  2,000,288     Term Loan, 6.88%, Maturing August 10, 2012     2,005,538    
Foamex L.P.      
  1,788,235     Term Loan, 7.60%, Maturing February 12, 2013     1,794,195    
FR Brand Acquisition Corp.      
  500,000     Term Loan, 11.38%, Maturing February 7, 2015     505,313    
Generac Acquisition Corp.      
  1,782,000     Term Loan, 7.85%, Maturing November 7, 2013     1,784,673    
  500,000     Term Loan, 11.35%, Maturing April 7, 2014     500,209    
Gleason Corp.      
  583,030     Term Loan, 7.60%, Maturing June 30, 2013     587,950    
  400,000     Term Loan, 10.88%, Maturing December 31, 2013     404,500    

 

See notes to financial statements
10



Eaton Vance Senior Floating-Rate Trust as of April 30, 2007

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Principal
Amount
  Borrower/Tranche Description   Value  
Industrial Equipment (continued)      
John Maneely Co.      
$ 3,125,374     Term Loan, 8.61%, Maturing December 8, 2013   $ 3,135,141    
Kion Group GMBH      
  250,000     Term Loan, 7.58%, Maturing December 23, 2014     253,404    
  250,000     Term Loan, 7.83%, Maturing December 23, 2015     254,654    
PP Acquisition Corp.      
  2,471,701     Term Loan, 8.32%, Maturing November 12, 2011     2,484,059    
Terex Corp.      
  719,563     Term Loan, 7.10%, Maturing July 13, 2013     722,261    
TFS Acquisition Corp.      
  696,500     Term Loan, 8.85%, Maturing August 11, 2013     701,724    
            $ 17,249,743    
Insurance — 1.4%      
Applied Systems, Inc.      
$ 1,343,250     Term Loan, 7.85%, Maturing September 26, 2013   $ 1,351,226    
ARG Holding, Inc.      
  1,250,000     Term Loan, 12.63%, Maturing November 30, 2012     1,269,531    
CCC Information Services Group      
  630,778     Term Loan, 7.85%, Maturing February 10, 2013     634,523    
Conseco, Inc.      
  2,761,125     Term Loan, 7.32%, Maturing October 10, 2013     2,777,521    
Crawford and Company      
  1,326,333     Term Loan, 7.85%, Maturing October 31, 2013     1,337,110    
U.S.I. Holdings Corp.      
  223,875     Term Loan, 7.57%, Maturing March 24, 2011     224,155    
  1,389,786     Term Loan, 7.57%, Maturing March 24, 2011     1,391,523    
            $ 8,985,589    
Leisure Goods / Activities / Movies — 9.2%      
24 Hour Fitness Worldwide, Inc.      
$ 1,658,250     Term Loan, 7.85%, Maturing June 8, 2012   $ 1,669,650    
Alliance Atlantis Communications, Inc.      
  612,500     Term Loan, 6.82%, Maturing December 31, 2011     612,787    
AMC Entertainment, Inc.      
  1,851,563     Term Loan, 7.07%, Maturing January 26, 2013     1,862,598    
AMF Bowling Worldwide, Inc.      
  1,065,722     Term Loan, 8.32%, Maturing August 27, 2009     1,073,049    
Bombardier Recreational Product      
  1,822,785     Term Loan, 7.86%, Maturing June 28, 2013     1,837,026    
Butterfly Wendel US, Inc.      
  300,000     Term Loan, 8.08%, Maturing June 22, 2013     304,859    
  300,000     Term Loan, 7.83%, Maturing June 22, 2014     303,359    
Carmike Cinemas, Inc.      
  997,487     Term Loan, 8.59%, Maturing May 19, 2012     1,009,244    

 

Principal
Amount
  Borrower/Tranche Description   Value  
Leisure Goods / Activities / Movies (continued)      
Cedar Fair, L.P.      
$ 4,024,612     Term Loan, 7.32%, Maturing August 30, 2012   $ 4,067,374    
Cinemark, Inc.      
  3,631,750     Term Loan, 7.13%, Maturing October 5, 2013     3,650,414    
Deluxe Entertainment Services      
  867,188     Term Loan, 8.35%, Maturing January 28, 2011     914,883    
Easton-Bell Sports, Inc.      
  1,292,611     Term Loan, 7.07%, Maturing March 16, 2012     1,295,439    
Fender Musical Instruments Co.      
  705,000     Term Loan, 11.36%, Maturing October 1, 2012     722,625    
Mega Blocks, Inc.      
  1,621,125     Term Loan, 7.13%, Maturing July 26, 2012     1,620,619    
Metro-Goldwyn-Mayer Holdings, Inc.      
  7,976,869     Term Loan, 8.60%, Maturing April 8, 2012     7,994,944    
National Cinemedia, LLC      
  750,000     Term Loan, 7.09%, Maturing February 13, 2015     751,373    
Regal Cinemas Corp.      
  4,029,751     Term Loan, 7.10%, Maturing November 10, 2010     4,047,381    
Revolution Studios      
  1,564,563     Term Loan, 9.07%, Maturing December 21, 2014     1,576,298    
Revolution Studios Distribution Co., LLC      
  800,000     Term Loan, 12.32%, Maturing June 21, 2015     808,000    
Six Flags Theme Parks, Inc.      
  7,704,752     Term Loan, 8.60%, Maturing June 30, 2009     7,765,750    
Southwest Sports Group, LLC      
  1,875,000     Term Loan, 7.88%, Maturing December 22, 2010     1,875,587    
Universal City Development Partners, Ltd.      
  1,721,345     Term Loan, 7.36%, Maturing June 9, 2011     1,732,104    
WMG Acquisition Corp.      
  875,000     Revolving Loan, 0.00%, Maturing February 28, 2010(2)     855,750    
  9,781,178     Term Loan, 7.36%, Maturing February 28, 2011     9,831,307    
            $ 58,182,420    
Lodging and Casinos — 4.0%      
Ameristar Casinos, Inc.      
$ 1,086,250     Term Loan, 6.82%, Maturing November 10, 2012   $ 1,087,065    
Bally Technologies, Inc.      
  4,866,622     Term Loan, 8.61%, Maturing September 5, 2009     4,915,288    
CCM Merger, Inc.      
  2,445,221     Term Loan, 7.35%, Maturing April 25, 2012     2,458,975    
Fairmont Hotels and Resorts, Inc.      
  525,229     Term Loan, 8.57%, Maturing May 12, 2011     529,825    
Isle of Capri Casinos, Inc.      
  2,223,812     Term Loan, 7.07%, Maturing February 4, 2012     2,241,047    
Penn National Gaming, Inc.      
  6,471,450     Term Loan, 7.11%, Maturing October 3, 2012     6,524,031    

 

See notes to financial statements
11



Eaton Vance Senior Floating-Rate Trust as of April 30, 2007

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Principal
Amount
  Borrower/Tranche Description   Value  
Lodging and Casinos (continued)      
Pinnacle Entertainment, Inc.      
$ 700,000     Term Loan, 0.00%, Maturing December 14, 2011(2)   $ 700,984    
  625,000     Term Loan, 7.32%, Maturing December 14, 2011     630,534    
Venetian Casino Resort, LLC      
  3,433,304     Term Loan, 7.09%, Maturing June 15, 2011     3,450,800    
  707,898     Term Loan, 7.09%, Maturing June 15, 2011     711,506    
VML US Finance, LLC      
  441,667     Term Loan, 8.10%, Maturing May 25, 2012(2)     444,565    
  883,333     Term Loan, 7.60%, Maturing May 25, 2013     893,271    
Wimar Opco, LLC      
  717,904     Term Loan, 7.85%, Maturing January 3, 2012     726,205    
            $ 25,314,096    
Nonferrous Metals / Minerals — 2.4%      
Almatis Holdings 5 BV      
$ 306,429     Term Loan, 7.86%, Maturing December 21, 2013   $ 309,996    
  325,000     Term Loan, 8.36%, Maturing December 21, 2014     330,256    
Alpha Natural Resources, LLC      
  864,062     Term Loan, 7.10%, Maturing October 26, 2012     867,168    
Carmeuse Lime, Inc.      
  559,152     Term Loan, 7.13%, Maturing May 2, 2011     560,550    
Freeport-McMoran Copper and Gold      
  4,736,040     Term Loan, 7.07%, Maturing March 19, 2014     4,755,491    
Magnequench International, Inc.      
  886,795     Term Loan, 8.31%, Maturing August 31, 2009     886,795    
Magnum Coal Co.      
  186,364     Term Loan, 8.57%, Maturing March 15, 2013     186,597    
  1,845,000     Term Loan, 8.57%, Maturing March 15, 2013     1,847,306    
Murray Energy Corp.      
  911,400     Term Loan, 8.36%, Maturing January 28, 2010     922,793    
Novelis, Inc.      
  2,908,765     Term Loan, 7.61%, Maturing January 6, 2012     2,917,854    
Thompson Creek Metals Co.      
  1,449,703     Term Loan, 10.11%, Maturing October 26, 2012     1,475,073    
            $ 15,059,879    
Oil and Gas — 2.8%      
Concho Resources, Inc.      
$ 2,025,000     Term Loan, 8.60%, Maturing March 27, 2012   $ 2,028,797    
El Paso Corp.      
  1,350,000     Term Loan, 5.23%, Maturing July 31, 2011     1,358,227    
EPCO Holdings, Inc.      
  410,749     Term Loan, 7.03%, Maturing August 18, 2008     411,177    
  1,867,195     Term Loan, 7.18%, Maturing August 18, 2010     1,888,201    

 

Principal
Amount
  Borrower/Tranche Description   Value  
Oil and Gas (continued)      
Goldking Energy Corp.      
$ 997,500     Term Loan, 10.32%, Maturing December 20, 2011(4)   $ 1,003,784    
Key Energy Services, Inc.      
  1,180,062     Term Loan, 7.83%, Maturing June 30, 2012     1,187,438    
Mach General, LLC      
  67,969     Term Loan, 7.35%, Maturing February 22, 2013     68,064    
  655,389     Term Loan, 7.36%, Maturing February 22, 2014     656,044    
Niska Gas Storage      
  153,130     Term Loan, 7.07%, Maturing May 13, 2011     153,608    
  248,485     Term Loan, 7.07%, Maturing May 13, 2011     249,261    
  226,058     Term Loan, 7.09%, Maturing May 13, 2011     226,765    
  1,303,907     Term Loan, 7.09%, Maturing May 12, 2013     1,307,982    
Petroleum Geo-Services ASA      
  680,717     Term Loan, 7.60%, Maturing December 16, 2012     686,163    
Primary Natural Resources, Inc.      
  1,534,500     Term Loan, 9.32%, Maturing July 28, 2010(4)     1,522,991    
Targa Resources, Inc.      
  1,365,968     Term Loan, 5.23%, Maturing October 31, 2012     1,376,960    
  2,239,922     Term Loan, 7.36%, Maturing October 31, 2012     2,257,946    
W&T Offshore, Inc.      
  1,450,000     Term Loan, 7.60%, Maturing May 26, 2010     1,461,781    
            $ 17,845,189    
Publishing — 8.3%      
American Media Operations, Inc.      
$ 4,275,000     Term Loan, 8.59%, Maturing January 31, 2013   $ 4,306,173    
CBD Media, LLC      
  1,738,821     Term Loan, 7.82%, Maturing December 31, 2009     1,751,137    
Dex Media East, LLC      
  4,825,750     Term Loan, 6.85%, Maturing May 8, 2009     4,830,137    
Dex Media West, LLC      
  2,852,342     Term Loan, 6.85%, Maturing March 9, 2010     2,857,334    
GateHouse Media Operating, Inc.      
  600,000     Term Loan, 7.10%, Maturing August 28, 2014     597,563    
  1,350,000     Term Loan, 7.11%, Maturing August 28, 2014     1,344,516    
Idearc, Inc.      
  7,456,313     Term Loan, 7.35%, Maturing November 17, 2014     7,514,367    
MediaNews Group, Inc.      
  967,688     Term Loan, 7.09%, Maturing August 2, 2013     968,696    
Mediannuaire Holding      
EUR 500,000     Term Loan, 8.14%, Maturing April 10, 2016     704,362    
Merrill Communications, LLC      
  1,297,266     Term Loan, 7.58%, Maturing February 9, 2009     1,304,360    
  1,000,000     Term Loan, 11.82%, Maturing November 15, 2013     1,007,500    

 

See notes to financial statements
12



Eaton Vance Senior Floating-Rate Trust as of April 30, 2007

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Principal
Amount
  Borrower/Tranche Description   Value  
Publishing (continued)      
Nebraska Book Co., Inc.      
$ 1,404,857     Term Loan, 7.83%, Maturing March 4, 2011   $ 1,417,149    
Philadelphia Newspapers, LLC      
  717,108     Term Loan, 8.10%, Maturing June 29, 2013     721,441    
R.H. Donnelley Corp.      
  54,667     Term Loan, 6.57%, Maturing December 31, 2009     54,556    
  3,237,949     Term Loan, 6.85%, Maturing June 30, 2010     3,244,121    
Reader's Digest Association      
  3,300,000     Term Loan, 7.38%, Maturing March 2, 2014     3,308,250    
Riverdeep Interactive Learning USA, Inc.      
  1,945,091     Term Loan, 8.10%, Maturing December 20, 2013     1,960,200    
SGS International, Inc.      
  691,250     Term Loan, 7.86%, Maturing December 30, 2011     696,866    
Source Media, Inc.      
  1,744,449     Term Loan, 7.60%, Maturing November 8, 2011     1,762,984    
SP Newsprint Co.      
  3,866,667     Term Loan, 5.32%, Maturing January 9, 2010     3,888,417    
Sun Media Corp.      
  1,157,012     Term Loan, 7.11%, Maturing February 7, 2009     1,160,267    
Valassis Communications, Inc.      
  525,000     Term Loan, 7.10%, Maturing March 2, 2014     526,203    
Xsys US, Inc.      
  1,872,229     Term Loan, 7.82%, Maturing September 27, 2013     1,897,973    
  1,896,271     Term Loan, 8.32%, Maturing September 27, 2014     1,922,345    
Yell Group, PLC      
  2,600,000     Term Loan, 7.32%, Maturing February 10, 2013     2,623,343    
            $ 52,370,260    
Radio and Television — 6.3%      
ALM Media Holdings, Inc.      
$ 1,099,070     Term Loan, 7.85%, Maturing March 4, 2010   $ 1,102,333    
Block Communications, Inc.      
  839,375     Term Loan, 7.35%, Maturing December 22, 2011     840,949    
Cequel Communications, LLC      
  1,550,000     Term Loan, 9.86%, Maturing May 5, 2014     1,607,883    
  3,156,382     Term Loan, 11.36%, Maturing May 5, 2014     3,289,964    
CMP KC, LLC      
  981,188     Term Loan, 9.38%, Maturing May 5, 2013     987,320    
CMP Susquehanna Corp.      
  1,339,500     Term Loan, 7.36%, Maturing May 5, 2013     1,348,542    
Cumulus Media, Inc.      
  1,380,110     Term Loan, 7.32%, Maturing June 7, 2013     1,389,598    
DirecTV Holdings, LLC      
  3,061,456     Term Loan, 6.82%, Maturing April 13, 2013     3,074,501    

 

Principal
Amount
  Borrower/Tranche Description   Value  
Radio and Television (continued)      
Emmis Operating Co.      
$ 825,000     Term Loan, 7.35%, Maturing November 2, 2013   $ 831,265    
Entravision Communications Corp.      
  1,305,125     Term Loan, 6.85%, Maturing September 29, 2013     1,310,563    
Gray Television, Inc.      
  1,262,250     Term Loan, 6.58%, Maturing January 19, 2015(2)     1,262,645    
HEI Acquisition, LLC      
  1,925,000     Term Loan, 9.36%, Maturing April 13, 2014     1,915,375    
HIT Entertainment, Inc.      
  1,009,625     Term Loan, 7.32%, Maturing March 20, 2012     1,016,882    
Intelsat Bermuda, Ltd.      
  1,075,000     Term Loan, 7.86%, Maturing February 1, 2014     1,080,183    
Intelsat Subsidiary Holding Co.      
  970,125     Term Loan, 7.35%, Maturing July 3, 2013     978,007    
NEP II, Inc.      
  625,000     Term Loan, 7.60%, Maturing February 16, 2014     629,394    
Nexstar Broadcasting, Inc.      
  1,804,119     Term Loan, 7.10%, Maturing October 1, 2012     1,803,132    
  1,709,236     Term Loan, 7.10%, Maturing October 1, 2012     1,708,301    
NextMedia Operating, Inc.      
  283,514     Term Loan, 7.32%, Maturing November 15, 2012     283,939    
  126,005     Term Loan, 7.32%, Maturing November 15, 2012     126,194    
PanAmSat Corp.      
  2,462,625     Term Loan, 7.35%, Maturing January 3, 2014     2,484,712    
Paxson Communications Corp.      
  2,500,000     Term Loan, 8.61%, Maturing January 15, 2012     2,559,375    
Raycom TV Broadcasting, LLC      
  2,788,329     Term Loan, 6.88%, Maturing August 28, 2013     2,786,587    
SFX Entertainment      
  1,382,500     Term Loan, 8.09%, Maturing June 21, 2013     1,389,413    
Tyrol Acquisition 2 SAS      
EUR 800,000     Term Loan, 6.09%, Maturing January 19, 2015     1,106,618    
EUR 800,000     Term Loan, 6.59%, Maturing January 19, 2016     1,111,248    
Young Broadcasting, Inc.      
  722,138     Term Loan, 7.88%, Maturing November 3, 2012     726,200    
  990,000     Term Loan, 7.88%, Maturing November 3, 2012     995,569    
            $ 39,746,692    
Rail Industries — 0.3%      
Kansas City Southern Railway Co.      
$ 2,009,812     Term Loan, 7.07%, Maturing March 30, 2008   $ 2,017,349    
            $ 2,017,349    

 

See notes to financial statements
13



Eaton Vance Senior Floating-Rate Trust as of April 30, 2007

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Principal
Amount
  Borrower/Tranche Description   Value  
Retailers (Except Food and Drug) — 4.4%      
Advantage Sales & Marketing, Inc.      
$ 836,223     Term Loan, 7.36%, Maturing March 29, 2013   $ 838,313    
American Achievement Corp.      
  425,961     Term Loan, 7.72%, Maturing March 25, 2011     429,068    
Amscan Holdings, Inc.      
  1,410,750     Term Loan, 8.38%, Maturing December 23, 2012     1,423,536    
Coinmach Laundry Corp.      
  3,482,346     Term Loan, 7.88%, Maturing December 19, 2012     3,510,097    
Cumberland Farms, Inc.      
  1,567,125     Term Loan, 7.35%, Maturing September 29, 2013     1,579,858    
Hanesbrands, Inc.      
  1,666,929     Term Loan, 7.11%, Maturing September 5, 2013     1,678,484    
  850,000     Term Loan, 9.11%, Maturing March 5, 2014     871,914    
Harbor Freight Tools USA, Inc.      
  1,801,440     Term Loan, 7.61%, Maturing July 15, 2010     1,816,451    
Home Interiors & Gifts, Inc.      
  1,009,722     Term Loan, 10.35%, Maturing March 31, 2011     729,524    
Josten's Corp.      
  3,417,787     Term Loan, 7.33%, Maturing October 4, 2011     3,439,149    
Mapco Express, Inc.      
  541,505     Term Loan, 8.07%, Maturing April 28, 2011     544,890    
Mauser Werke GMBH & Co. KG      
  1,175,000     Term Loan, 8.09%, Maturing December 3, 2011     1,182,344    
Neiman Marcus Group, Inc.      
  839,241     Term Loan, 7.35%, Maturing April 5, 2013     847,633    
Oriental Trading Co., Inc.      
  1,125,000     Term Loan, 11.36%, Maturing January 31, 2013     1,147,500    
  1,637,625     Term Loan, 7.61%, Maturing July 31, 2013     1,642,743    
Petro Stopping Center, L.P.      
  531,250     Term Loan, 7.13%, Maturing February 9, 2008     533,906    
Rent-A-Center, Inc.      
  1,096,085     Term Loan, 7.12%, Maturing November 15, 2012     1,099,624    
Rover Acquisition Corp.      
  2,244,375     Term Loan, 7.85%, Maturing October 26, 2013     2,264,615    
Savers, Inc.      
  340,926     Term Loan, 8.07%, Maturing August 11, 2012     344,336    
  387,306     Term Loan, 8.07%, Maturing August 11, 2012     391,180    
Stewert Enterprises, Inc.      
  332,464     Term Loan, 7.13%, Maturing November 19, 2011     333,711    
The Yankee Candle Company, Inc.      
  1,300,000     Term Loan, 7.35%, Maturing February 6, 2014     1,307,475    
            $ 27,956,351    

 

Principal
Amount
  Borrower/Tranche Description   Value  
Surface Transport — 1.1%      
Gainey Corp.      
$ 769,188     Term Loan, 8.10%, Maturing April 20, 2012   $ 771,591    
Horizon Lines, LLC      
  734,361     Term Loan, 7.60%, Maturing July 7, 2011     738,722    
Oshkosh Truck Corp.      
  1,945,125     Term Loan, 7.10%, Maturing December 6, 2013     1,953,331    
Ozburn-Hessey Holding Co., LLC      
  495,579     Term Loan, 8.63%, Maturing August 9, 2012     496,817    
Sirva Worldwide, Inc.      
  1,599,041     Term Loan, 11.60%, Maturing December 1, 2010     1,573,057    
Vanguard Car Rental USA      
  1,128,000     Term Loan, 8.35%, Maturing June 14, 2013     1,138,777    
            $ 6,672,295    
Telecommunications — 5.9%      
Alaska Communications Systems Holdings, Inc.      
$ 990,000     Term Loan, 7.10%, Maturing February 1, 2012   $ 994,773    
American Cellular Corp.      
  1,075,000     Term Loan, 7.32%, Maturing March 15, 2014     1,077,688    
Asurion Corp.      
  1,071,155     Term Loan, 8.32%, Maturing July 13, 2012     1,085,214    
  1,900,000     Term Loan, 11.57%, Maturing January 13, 2013     1,935,625    
Centennial Cellular Operating Co., LLC      
  4,445,833     Term Loan, 7.35%, Maturing February 9, 2011     4,486,588    
Consolidated Communications, Inc.      
  2,563,752     Term Loan, 7.10%, Maturing July 27, 2015     2,575,771    
FairPoint Communications, Inc.      
  2,980,000     Term Loan, 7.13%, Maturing February 8, 2012     2,992,573    
Hawaiian Telcom Communications, Inc.      
  743,333     Term Loan, 7.60%, Maturing October 31, 2012     747,341    
Iowa Telecommunications Services      
  2,616,000     Term Loan, 7.10%, Maturing November 23, 2011     2,633,713    
IPC Acquisition Corp.      
  646,750     Term Loan, 7.85%, Maturing September 29, 2013     653,083    
NTelos, Inc.      
  1,180,824     Term Loan, 7.57%, Maturing August 24, 2011     1,188,204    
Stratos Global Corp.      
  1,039,500     Term Loan, 8.10%, Maturing February 13, 2012     1,045,563    
Triton PCS, Inc.      
  2,731,571     Term Loan, 8.57%, Maturing November 18, 2009     2,754,333    
Univision Communications, Inc.      
  750,000     Term Loan, 7.82%, Maturing March 29, 2009     750,782    
  430,369     Term Loan, 0.00%, Maturing September 29, 2014(2)     430,039    
  6,694,631     Term Loan, 7.61%, Maturing September 29, 2014     6,689,496    

 

See notes to financial statements
14



Eaton Vance Senior Floating-Rate Trust as of April 30, 2007

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Principal
Amount
  Borrower/Tranche Description   Value  
Telecommunications — (continued)      
WestCom Corp.      
$ 659,488     Term Loan, 8.15%, Maturing December 17, 2010   $ 660,313    
  1,000,000     Term Loan, 12.32%, Maturing May 17, 2011     1,004,375    
Windstream Corp.      
  3,089,906     Term Loan, 6.86%, Maturing July 17, 2013     3,111,149    
            $ 36,816,623    
Utilities — 3.8%      
AEI Finance Holding, LLC      
$ 269,751     Term Loan, 8.25%, Maturing March 30, 2012   $ 271,185    
  2,055,249     Term Loan, 8.35%, Maturing March 30, 2014     2,066,168    
Astoria Generating Co.      
  1,000,000     Term Loan, 9.10%, Maturing August 23, 2013     1,012,153    
BRSP, LLC      
  1,900,000     Term Loan, 8.37%, Maturing July 13, 2009     1,909,500    
Calpine Corp.      
  850,000     DIP Loan, 7.59%, Maturing March 30, 2009     855,401    
Cogentrix Delaware Holdings, Inc.      
  522,507     Term Loan, 6.85%, Maturing April 14, 2012     524,140    
Covanta Energy Corp.      
  569,072     Term Loan, 5.28%, Maturing February 9, 2014     570,139    
  1,155,928     Term Loan, 6.88%, Maturing February 9, 2014     1,158,095    
Electricinvest Holding Co.      
EUR 476,616     Term Loan, 7.73%, Maturing October 24, 2012     655,950    
GBP 480,000     Term Loan, 9.43%, Maturing October 24, 2012     969,355    
Elster Group GmbH (Ruhrgas)      
  317,225     Term Loan, 7.86%, Maturing June 12, 2013     320,675    
  317,225     Term Loan, 8.36%, Maturing June 12, 2014     321,785    
La Paloma Generating Co., LLC      
  52,459     Term Loan, 7.07%, Maturing August 16, 2012     52,415    
  299,437     Term Loan, 7.10%, Maturing August 16, 2012     299,187    
  23,848     Term Loan, 7.10%, Maturing August 16, 2012     23,828    
LSP General Finance Co., LLC      
  36,583     Term Loan, 7.10%, Maturing April 14, 2013     36,721    
  822,222     Term Loan, 7.10%, Maturing April 14, 2013     825,306    
Mirant North America, LLC.      
  880,083     Term Loan, 7.07%, Maturing January 3, 2013     882,834    
NRG Energy, Inc.      
  1,850,000     Term Loan, 7.35%, Maturing February 1, 2013     1,865,803    
  6,980,990     Term Loan, 7.35%, Maturing February 1, 2013     7,042,387    
Pike Electric, Inc.      
  212,855     Term Loan, 7.13%, Maturing July 1, 2012     213,121    
  494,543     Term Loan, 7.13%, Maturing December 10, 2012     495,161    

 

Principal
Amount
  Borrower/Tranche Description   Value  
Vulcan Energy Corp.      
$ 1,580,293     Term Loan, 6.86%, Maturing July 23, 2010   $ 1,583,751    
            $ 23,955,060    
Total Senior, Floating Rate Interests
(identified cost, $874,090,982)
  $ 878,190,294    
Corporate Bonds & Notes — 15.2%      
Principal Amount
(000's omitted)
  Security   Value  
Aerospace and Defense — 0.1%      
Alion Science and Technologies, Sr. Notes      
$ 275     10.25%, 2/1/15(5)   $ 290,812    
DRS Technologies, Inc., Sr. Sub. Notes      
  80     7.625%, 2/1/18     84,200    
Hawker Beechcraft Acquisition Co., Sr. Notes      
  85     8.50%, 4/1/15(5)     89,887    
Hawker Beechcraft Acquisition Co., Sr. Sub. Notes      
  5     9.75%, 4/1/17(5)     5,375    
            $ 470,274    
Air Transport — 0.1%      
Continental Airlines      
$ 285     7.033%, 6/15/11   $ 285,446    
Delta Airlines      
  1,000     7.90%, 12/15/09(3)     527,500    
            $ 812,946    
Automotive — 0.5%      
Altra Industrial Motion, Inc.      
$ 225     9.00%, 12/1/11   $ 234,281    
  110     9.00%, 12/1/11(5)     114,537    
American Axle & Manufacturing, Inc.      
  135     7.875%, 3/1/17     136,012    
Commercial Vehicle Group, Inc., Sr. Notes      
  100     8.00%, 7/1/13     102,500    
Ford Motor Credit Co., Sr. Notes      
  15     9.875%, 8/10/11     15,987    
Ford Motor Credit Co., Variable Rate      
  990     8.36%, 11/2/07     999,583    
General Motors Corp.      
  305     6.375%, 5/1/08     303,856    

 

See notes to financial statements
15



Eaton Vance Senior Floating-Rate Trust as of April 30, 2007

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Principal Amount
(000's omitted)
 
Security
 
Value
 
Automotive — (continued)      
Goodyear Tire & Rubber Co., Sr. Notes      
$ 125     8.625%, 12/1/11(5)   $ 135,625    
Goodyear Tire & Rubber Co., Sr. Notes, Variable Rate      
  180     9.14%, 12/9/09(5)     182,700    
Tenneco Automotive, Inc., Series B      
  340     10.25%, 7/15/13     374,425    
Tenneco Automotive, Inc., Sr. Sub. Notes      
  255     8.625%, 11/15/14     272,212    
Titan International, Inc., Sr. Notes      
  145     8.00%, 1/15/12(5)     150,800    
            $ 3,022,518    
Brokers / Dealers / Investment Houses — 0.1%      
Residential Capital LLC, Sub. Notes, Variable Rate      
$ 810     7.187%, 4/17/09(5)   $ 806,628    
            $ 806,628    
Building and Development — 1.1%      
Collins & Aikman Floor Cover      
$ 300     9.75%, 2/15/10   $ 306,750    
General Cable Corp., Sr. Notes      
  85     7.125%, 4/1/17(5)     86,700    
General Cable Corp., Variable Rate      
  85     7.725%, 4/1/15(5)     86,275    
Grohe Holding GMBH      
  2,000     EUR6.843%, 1/15/14     2,769,596    
Interface, Inc.      
  500     10.375%, 2/1/10     555,000    
Mueller Group, Inc., Sr. Sub. Notes      
  412     10.00%, 5/1/12     447,020    
Mueller Holdings, Inc., Disc. Notes      
  197     14.75%, 4/15/14     185,180    
Nortek, Inc., Sr. Sub. Notes      
  850     8.50%, 9/1/14     843,625    
NTK Holdings, Inc., Sr. Disc. Notes      
  360     10.75%, 3/1/14     271,800    
Panolam Industries International, Sr. Sub. Notes      
  395     10.75%, 10/1/13(5)     424,625    
Realogy Corp., Term Loan, 8.32%, Maturing      
  170     12.375%, 4/15/15(5)     170,425    
Realogy Corp., Term Loan, 8.35%, Maturing      
  430     8.35%, 4/15/14(5)     431,613    
Stanley-Martin Co.      
  80     9.75%, 8/15/15     72,200    
            $ 6,650,809    

 

Principal Amount
(000's omitted)
 
Security
 
Value
 
Business Equipment and Services — 0.8%      
Activant Solutions, Inc., Sr. Sub. Notes      
$ 95     9.50%, 5/1/16   $ 94,525    
Affinion Group, Inc.      
  95     10.125%, 10/15/13     104,025    
  135     11.50%, 10/15/15     149,175    
Education Management, LLC      
  275     8.75%, 6/1/14     292,187    
  535     10.25%, 6/1/16     587,162    
Hertz Corp.      
  530     8.875%, 1/1/14     573,725    
HydroChem Industrial Services, Inc., Sr. Sub. Notes      
  200     9.25%, 2/15/13(5)     207,000    
Kar Holdings, Inc., Sr. Notes      
  130     8.75%, 5/1/14(5)     134,225    
  130     9.358%, 5/1/14(5)     133,575    
Kar Holdings, Inc., Sr. Sub. Notes      
  140     10.00%, 5/1/15(5)     145,775    
Lamar Media Corp., Sr. Sub. Notes      
  35     6.625%, 8/15/15     34,912    
Norcross Safety Products, LLC/Norcross Capital Corp., Sr. Sub. Notes, Series B      
  40     9.875%, 8/15/11     42,450    
Rental Service Corp.      
  90     9.50%, 12/1/14(5)     96,075    
Sabre Holdings Corp.      
  120     8.35%, 3/15/16     114,102    
Safety Products Holdings, Inc. Sr. Notes (PIK)      
  430     11.75%, 1/1/12(4)     440,626    
SunGard Data Systems, Inc., Variable Rate      
  265     9.125%, 8/15/13     285,537    
Travelport LLC, Sr. Notes      
  475     9.875%, 9/1/14(5)     510,625    
West Corp., Sr. Notes      
  685     9.50%, 10/15/14(5)     727,812    
West Corp., Sr. Sub. Notes      
  85     11.00%, 10/15/16(5)     92,862    
            $ 4,766,375    
Cable and Satellite Television — 0.8%      
Cablevision Systems Corp., Series B      
$ 195     8.00%, 4/15/12   $ 200,850    
Cablevision Systems Corp., Sr. Notes, Series B, Variable Rate      
  415     9.82%, 4/1/09     441,975    
CCH I, LLC/CCH I Capital Co.      
  295     11.00%, 10/1/15     314,912    

 

See notes to financial statements
16



Eaton Vance Senior Floating-Rate Trust as of April 30, 2007

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Principal Amount
(000's omitted)
 
Security
 
Value
 
Cable and Satellite Television — (continued)      
CCH II, LLC/CCH II Capital Co.      
$ 260     10.25%, 9/15/10   $ 277,550    
CCH I Holdings, LLC      
  320     11.75%, 5/15/14     320,000    
CCO Holdings, LLC / CCO Capital Corp., Sr. Notes      
  730     8.75%, 11/15/13     769,237    
CSC Holdings, Inc., Series B      
  130     8.125%, 8/15/09     135,850    
  35     7.625%, 4/1/11     36,269    
CSC Holdings, Inc., Sr. Notes      
  20     8.125%, 7/15/09     20,900    
Insight Communications, Sr. Disc. Notes      
  400     12.25%, 2/15/11     419,000    
Kabel Deutschland GmbH      
  190     10.625%, 7/1/14     213,275    
Mediacom Broadband Corp., LLC, Sr. Notes      
  240     8.50%, 10/15/15(5)     250,800    
National Cable, PLC      
  135     8.75%, 4/15/14     142,425    
UGS Corp.      
  1,225     10.00%, 6/1/12     1,341,375    
            $ 4,884,418    
Chemicals and Plastics — 0.4%      
Equistar Chemical, Sr. Notes      
$ 115     10.625%, 5/1/11   $ 121,900    
Huntsman International, LLC      
  272     11.625%, 10/15/10     294,440    
Ineos Group Holdings PLC      
  355     8.50%, 2/15/16(5)     345,237    
Lyondell Chemical Co., Sr. Notes      
  938     10.50%, 6/1/13     1,032,972    
MacDermid, Inc., Sr. Sub. Notes      
  125     9.50%, 4/15/17(5)     130,312    
Mosaic Co., Sr. Notes      
  125     7.375%, 12/1/14(5)     130,625    
  125     7.625%, 12/1/16(5)     134,062    
Nova Chemicals Corp., Sr. Notes, Variable Rate      
  195     8.502%, 11/15/13     199,387    
Reichhold Industries, Inc., Sr. Notes      
  395     9.00%, 8/15/14(5)     413,269    
            $ 2,802,204    

 

Principal Amount
(000's omitted)
 
Security
 
Value
 
Clothing / Textiles — 0.6%      
Hanesbrands, Inc., Sr. Notes, Variable Rate      
$ 750     8.735%, 12/15/14(5)   $ 774,375    
Levi Strauss & Co., Sr. Notes      
  830     12.25%, 12/15/12     910,925    
  140     9.75%, 1/15/15     154,350    
  420     8.875%, 4/1/16     453,075    
Oxford Industries, Inc., Sr. Notes      
  735     8.875%, 6/1/11     766,237    
Perry Ellis International, Inc., Sr. Sub. Notes      
  215     8.875%, 9/15/13     223,600    
Phillips Van-Heusen, Sr. Notes      
  155     7.25%, 2/15/11     159,650    
            $ 3,442,212    
Conglomerates — 0.1%      
Goodman Global Holdings, Inc., Sr. Notes, Variable Rate      
$ 210     8.36%, 6/15/12   $ 213,675    
RBS Global & Rexnord Corp.      
  175     9.50%, 8/1/14     188,125    
  155     11.75%, 8/1/16     172,825    
            $ 574,625    
Containers and Glass Products — 0.3%      
Berry Plastics Holding Corp.      
$ 400     8.875%, 9/15/14   $ 414,000    
Berry Plastics Holding Corp., Variable Rate      
  110     9.23%, 9/15/14     113,025    
Intertape Polymer US, Inc., Sr. Sub. Notes      
  310     8.50%, 8/1/14     280,133    
Pliant Corp. (PIK)      
  1,210     11.85%, 6/15/09(4)     1,328,537    
            $ 2,135,695    
Ecological Services and Equipment — 0.1%      
Waste Services, Inc., Sr. Sub. Notes      
$ 440     9.50%, 4/15/14   $ 466,400    
            $ 466,400    
Electronics / Electrical — 0.2%      
Avago Technologies Finance      
$ 70     11.875%, 12/1/15   $ 80,325    
Avago Technologies Finance, Variable Rate      
  170     10.125%, 12/1/13     186,575    

 

See notes to financial statements
17



Eaton Vance Senior Floating-Rate Trust as of April 30, 2007

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Principal Amount
(000's omitted)
 
Security
 
Value
 
Electronics / Electrical — (continued)      
CPI Holdco, Inc., Sr. Notes, Variable Rate      
$ 95     11.151%, 2/1/15   $ 98,562    
NXP BV/ NXP Funding, LLC, Variable Rate      
  775     8.105%, 10/15/13(5)     804,062    
NXP BV/NXP Funding, LLC, Sr. Notes      
  170     9.50%, 10/15/15(5)     179,350    
Open Solutions, Inc., Sr. Sub. Notes      
  55     9.75%, 2/1/15(5)     57,062    
            $ 1,405,936    
Financial Intermediaries — 2.1%      
Alzette, Variable Rate      
$ 750     11.86%, 12/15/20(4)   $ 750,000    
Avalon Capital Ltd. 3, Series 1A, Class D, Variable Rate      
  760     7.31%, 2/24/19(4)(5)     757,659    
Babson Ltd., 2005-1A, Class C1, Variable Rate      
  1,000     7.306%, 4/15/19(4)(5)     996,490    
Bryant Park CDO Ltd., Series 2005-1A, Class C, Variable Rate      
  1,000     7.406%, 1/15/19(4)(5)     1,001,390    
Carlyle High Yield Partners, Series 2004-6A, Class C, Variable Rate      
  1,000     7.81%, 8/11/16(4)(5)     1,005,500    
Centurion CDO 8 Ltd., Series 2005-8A, Class D, Variable Rate      
  1,000     10.85%, 3/8/17     1,031,200    
Centurion CDO 9 Ltd., Series 2005-9A      
  750     10.10%, 7/17/19(4)     762,487    
Dryden Leveraged Loan, Series 2004-6A, Class C1, Variable Rate      
  1,500     7.91%, 7/30/16(4)(5)     1,517,190    
First CLO, Ltd., Sr. Sub. Notes, Variable Rate      
  1,000     7.68%, 7/27/16(4)(5)     1,003,600    
Ford Motor Credit Co.      
  200     6.625%, 6/16/08     199,939    
  715     7.375%, 10/28/09     715,954    
  340     7.875%, 6/15/10     342,039    
General Motors Acceptance Corp.      
  195     5.125%, 5/9/08     192,751    
  100     5.85%, 1/14/09     98,927    
  40     7.00%, 2/1/12     40,332    
  440     8.00%, 11/1/31     473,582    
Schiller Park CLO Ltd., 2007-1A D, Variable Rate      
  1,000     7.107%, 4/25/21     973,750    
Sonata Securities S.A., Series 2006-5      
  238     8.8625%, 6/27/07     239,781    
Sonata Securities S.A., Series 2006-6      
  661     8.8625%, 6/27/07     667,746    
            $ 12,770,317    

 

Principal Amount
(000's omitted)
 
Security
 
Value
 
Food Products — 0.2%      
ASG Consolidated, LLC / ASG Finance, Inc., Sr. Disc. Notes      
$ 495     11.50%, 11/1/11   $ 459,112    
Dole Foods Co.      
  50     7.265%, 6/15/10     49,312    
Nutro Products, Inc., Sr. Notes, Variable Rate      
  80     9.37%, 10/15/13(5)     82,200    
Pierre Foods, Inc., Sr. Sub. Notes      
  320     9.875%, 7/15/12     333,600    
Pinnacle Foods Finance, LLC, Sr. Notes      
  45     9.25%, 4/1/15(5)     45,225    
Pinnacle Foods Finance, LLC, Sr. Sub. Notes      
  135     10.625%, 4/1/17(5)     136,012    
            $ 1,105,461    
Food Service — 0.2%      
Aramark Corp., Sr. Notes      
$ 55     8.50%, 2/1/15(5)   $ 57,819    
Aramark Corp., Sr. Notes, Variable Rate      
  340     8.86%, 2/1/15(5)     351,050    
El Pollo Loco, Inc.      
  370     11.75%, 11/15/13     404,225    
NPC International, Inc., Sr. Sub. Notes      
  340     9.50%, 5/1/14     358,700    
Sbarro, Inc., Sr. Notes      
  90     10.375%, 2/1/15(5)     94,725    
            $ 1,266,519    
Food / Drug Retailers — 0.3%      
General Nutrition Center, Sr. Notes, Variable Rate (PIK)      
$ 345     9.796%, 3/15/14(5)   $ 339,394    
General Nutrition Center, Sr. Sub. Notes      
  345     10.75%, 3/15/15(5)     346,725    
Rite Aid Corp.      
  1,010     6.125%, 12/15/08(5)     1,008,737    
  285     7.50%, 1/15/15     292,125    
            $ 1,986,981    
Forest Products — 0.1%      
Abitibi-Consolidated, Inc.      
$ 170     8.55%, 8/1/10   $ 174,250    
Georgia-Pacific Corp.      
  5     9.50%, 12/1/11     5,550    
Jefferson Smurfit Corp.      
  75     7.50%, 6/1/13     74,719    

 

See notes to financial statements
18



Eaton Vance Senior Floating-Rate Trust as of April 30, 2007

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Principal Amount
(000's omitted)
 
Security
 
Value
 
Forest Products — (continued)      
JSG Funding PLC, Sr. Notes      
$