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Our Triple-Factor screen identifies closed-end funds combining a yield above 6.5%, distribution coverage above 90%, and a discount to NAV, using data as of the close of October 9, 2026. PIMCO funds take six of the top seven spots on the yield list, as several that traded at premiums until recently have slipped to discounts. Among our model portfolio holdings, DHF appears on all five lists, and HFRO again has the widest discount at -43.06%.
BOSTON--(BUSINESS WIRE)--Eaton Vance Limited Duration Income Fund (NYSE American: EVV), Eaton Vance Senior Floating-Rate Trust (NYSE: EFR), and Eaton Vance Senior Income Trust (NYSE: EVF) (each, a “Fund,” and together, the “Funds”) announced today that each Fund will redeem, at liquidation preference plus any accumulated but unpaid dividends, all remaining auction preferred shares (“APS”), pursuant to the terms of the Fund's By-Laws classifying and designating the APS. As previously announced,.
Eaton Vance Senior Income Trust remains a hold as earnings have softened, but potential interest rate hikes could boost net investment income. EVF trades at a 12.19% discount to NAV, its deepest in years, which may appeal to income-focused investors seeking attractive entry points. The fund's high 7.5% yield is supported by floating-rate loans, but dividend coverage is inconsistent and vulnerable to defaults, especially in software holdings.
BOSTON--(BUSINESS WIRE)--Eaton Vance Limited Duration Income Fund (NYSE American: EVV), Eaton Vance Senior Floating-Rate Trust (NYSE: EFR), and Eaton Vance Senior Income Trust (NYSE: EVF) (each a “Fund,” and together, the “Funds”) announced the final results of their respective voluntary tender offers (each, a “Tender Offer” and together, the “Tender Offers”) for up to 100% of such Fund's outstanding auction preferred shares (“APS”) at a price per share equal to 98% of the APS liquidation prefe.
BOSTON--(BUSINESS WIRE)--As previously disclosed, each of Eaton Vance Limited Duration Income Fund (NYSE American: EVV), Eaton Vance Senior Floating-Rate Trust (NYSE: EFR), and Eaton Vance Senior Income Trust (NYSE: EVF) (each a “Fund,” and together, the “Funds”) commenced a voluntary tender offer (each, a “Tender Offer” and together, the “Tender Offers”) for up to 100% of such Fund's outstanding auction preferred shares (“APS”) on April 30, 2026. The Tender Offers are intended to expire at 5:0.
We review the CEF market valuation and performance through the fourth week of April and highlight recent market action. CEF markets faced renewed risk aversion, with sector discounts widening to historical averages and MLPs and Convertibles led to the upside. Western Asset CEFs' NII remained largely stable; key drivers include short-term rate direction, liability management, and overdistribution.
BOSTON--(BUSINESS WIRE)--Eaton Vance Limited Duration Income Fund (NYSE American: EVV), Eaton Vance Senior Floating-Rate Trust (NYSE: EFR), and Eaton Vance Senior Income Trust (NYSE: EVF) (each a “Fund,” and together, the “Funds”) announced that each Fund today commenced a voluntary tender offer (each, a “Tender Offer” and together, the “Tender Offers”) for up to 100% of its outstanding auction preferred shares (“APS”) at a price per share equal to 98% of the APS liquidation preference of $25,0.
BOSTON--(BUSINESS WIRE)--Eaton Vance Limited Duration Income Fund (NYSE: EVV), Eaton Vance Senior Floating-Rate Trust (NYSE: EFR), and Eaton Vance Senior Income Trust (NYSE: EVF) (each a “Fund,” and together, the “Funds”) announced that the Board of Trustees of each Fund has authorized each Fund to conduct a voluntary tender offer for up to 100% of its outstanding auction preferred shares (“APS”) at a price per share equal to 98% of the APS liquidation preference of $25,000 per share (or $24,50.