Icon Advisers Inc. Co. Invests $1.53 Million in Eaton Vance Senior Income Trust $EVF

Icon Advisers Inc. Co. bought a new position in shares of Eaton Vance Senior Income Trust (NYSE:EVF) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 307,371 shares of the company’s stock, valued at approximately $1,534,000.

Other hedge funds have also added to or reduced their stakes in the company. Kestra Advisory Services LLC acquired a new stake in Eaton Vance Senior Income Trust in the 4th quarter valued at $27,000. WFA of San Diego LLC acquired a new position in shares of Eaton Vance Senior Income Trust during the 2nd quarter worth about $33,000. Citadel Advisors LLC acquired a new position in shares of Eaton Vance Senior Income Trust during the 3rd quarter worth about $55,000. HRT Financial LP bought a new position in shares of Eaton Vance Senior Income Trust in the 4th quarter valued at about $57,000. Finally, Integrated Wealth Concepts LLC bought a new position in shares of Eaton Vance Senior Income Trust in the 3rd quarter valued at about $65,000.

Eaton Vance Senior Income Trust Stock Up 0.3%

NYSE:EVF opened at $4.99 on Thursday. Eaton Vance Senior Income Trust has a 52-week low of $4.84 and a 52-week high of $5.64. The stock’s 50-day simple moving average is $4.97 and its 200 day simple moving average is $5.07.

Eaton Vance Senior Income Trust Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, July 24th. Shareholders of record on Tuesday, July 14th will be paid a $0.032 dividend. This is a positive change from Eaton Vance Senior Income Trust’s previous monthly dividend of $0.03. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date is Tuesday, July 14th.

Eaton Vance Senior Income Trust Company Profile

Eaton Vance Senior Income Trust (NYSE: EVF) is a closed-end management investment company that seeks high current income while preserving capital. Externally managed by Eaton Vance Management, a subsidiary of Morgan Stanley Investment Management following its 2021 acquisition, the trust offers investors exposure to a diversified portfolio of floating-rate senior secured loans and other corporate debt instruments.

The trust’s investment strategy is centered on senior secured bank loans, which typically carry floating interest rates and enjoy priority over other debt in a borrower’s capital structure.